Both organisations talk about having their own proprietery technology as to how they price the debt they are going to buy correctly and then how they go about collecting the debt and valuing the value of the future payments.
I've done the numbers to the best of my ability and I still see CLH as being a better option then CCP, taking into account the run that CCP has had over the past 6 - 12 months.
Debt wise I can't see why you wouldn't want some debt on the books to help finance the purchase of the debt. Its just one big finacial model that they run, how much to pay for the debt, how to finance the purchas of it and then how to collect it.
Will be interesting when they bring out their latest set of figures to redo the numbers based on current shareprice to see which one looks best..
CCP Price at posting:
$6.76 Sentiment: Hold Disclosure: Not Held
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