Nice write-up in the Eureka Report today; "Credit Corp hits income sweet spot". They regard the stock as cheap and are putting it in their Income First model portfolio at a weighing of 6%. Two excerpts below.
"Given the trends in CCP’s lending division and the record PDL acquisitions expected in FY16, it is fair to expect that this trend for higher profits will continue at least through FY17, barring any unforeseen events."
"Key take-out: We initiate coverage of CCP with a buy recommendation and valuation of $11.56, and will take a 6 per cent weighting in the Income First model portfolio."
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Last
$16.31 |
Change
-0.250(1.51%) |
Mkt cap ! $1.110B | |||
| Open | High | Low | Value | Volume |
| $16.35 | $16.35 | $15.97 | $2.538M | 156.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $16.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.40 | 61 | 1 |
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| Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
| CCP (ASX) Chart |