News: CCV Cash Converters International Posts Q3 Gross Loan Book Growth Up 21% On Pcp To A$203.7m, page-4

What a difference a year or two make.My personal view is if you were asked to run the numbers over a company like Cash Converters with a view to either buying the company or not, the pendulum has now swung back to a buy I would think. All the signs are there for a company that is good value at the current share price. Strong brand recognition, most legal matters now settled and behind them, excellent growth momentum, 9.41 P/E, fully franked 8.3% return and I am guessing solid operating procedures now in place. And heading into a slow down in the economy and a likelihood of tightening of the house hold purse strings then I am thinking that if I was asked to go into a data room with the view of buying the company then it would be very hard to argue not to at the current share price and management team in place.