I for one am little concerned about trends. It is the business strength or weknesses on which I focus.
CCP has commenced a few recOne those WalletWizard in the USA. When I looked a few months ago, I am sure it was restricted to Illinois and Missouri, but I see Utah is nowent initiatives in recent years. listed too. It restarted the car loan business that it had put on hold when Covid raised its ugly head, and CCP made noises about BNPL.
CCP is not a rah-rah-rah type company, and it tends restrict itself to three or four guidances every yearm and typically performs at the top end of guidance ranges in respect to NPAT and EPS. If anything were materially negative, Management would have announced that, because Management is super conservative, and skirting ASX rules is something CCP would not do. So we have a NPAT and EPS guidance. With the Prilimary Report slateds for 2/08/2022, I think it would be positive, and we will learn a bit more on the new initiatives, other than the usual .
On balance, I suspect the SP would rise when people realise that all this crap about macroeconomic headwinds is just noise that the vacuous are inclined to make, and CCP's SP should rise, unless the lemmings find some new reason to panic.
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