Interesting - Looks like you bought CCP on battered shareprice recovery theory YYY, and in this case you might be well rewarded. Down from nearly $13 this stock is priced as if it is 80% out the back door, but I don't think it is anywhere near that point at all.
It may take years for them to earn back their past respected position, but I would expect a sharp price rise in this one when the market sees the business is continuing well into the future, and that it has real value. In my mind it doesn't need to win back its forma glory to be worth many times current valuation.
Also the supply of good bad-bebt inventory must surely improve in these high interest rate and strange economic times. ??
It strives to make profits and pay dividends. So here you have a real busines that could deliver price improvement similar to that of a tiny dream stock!
Lastly, Anton doesn't make many mistakes (long term) does he?
It looks to me like a screaming buy.
Good luck to you guys
CCP Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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