CCP credit corp group limited

News: CCP Credit Corp Group Ltd Posts HY Net Profit After Tax A$45.7 Million, Up 8%, page-3

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    Top end of guidance seems quite conservative.

    97m FY22, less 45.7m = 51.3m H2 forecast.

    Even if the PDL segments simply maintain H1 NPAT levels (US should grow), the jump up in H2 lending NPAT forecast at 12m already achieves the 97m. Unless Aus/NZ pdl segment softens a lot, and it was stated RR purchase mitigates lack of Aus supply in the meantime, its hard not to see that 97m being exceeded easily.
 
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