CCV 4.88% 21.5¢ cash converters international

I sold a proportion of my holdings today.A good result, but I...

  1. 446 Posts.
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    I sold a proportion of my holdings today.

    A good result, but I wasn't inspired to see the increased debt, which at a glance, a portion of appears to have possibly funded the dividend.

    Also a little concerned to see such an increase in costs, which ate up a fair whack of that increase in revenue. To be honest, I was expecting slightly better NPAT growth.

    But the spend now may bring outstanding growth in the future?

    Haven't had a great look at the report yet, but those things and current price, were enough for me to take some risk off the table. Still happy to hold some however, on the off chance EZCORP come back with an offer (which I am certain will happen sometime), and will most likely add to my holding at a better price if given the chance.

 
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