Hello K 48, I am going to reply from memory and my impressions from what i have read since its recovery. A couple of years ago CCP bought very little new debt but its ratio of recovered revenue from old debt to new was surprisingly high.CCP was obviously under the hammer to economize and turn a profit which they did. These results were mentioned and if you seek you will find them. So they have demonstrated the capability of squeezing every cent available.They lost this skill when they upsized after buying Repcol and other usless non core assests. They have gone back to basics and it seems to be working.This is all off the top of my head as i am to lazy to re-research what i have already done. I hate mixed peel where they also make use of the orange peel and put it in cakes etc.Th
CCP Price at posting:
$2.93 Sentiment: LT Buy Disclosure: Held
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