The goal is to create a similar sized operation in the US as AUSNZ. Given the scale of the US, even being very conservative with investment, opportunities to do that would appear likely. Though, built over several years as is their style.
This could transform CCP into a significant USD earner and with the appreciation of that currency seems likely over the medium to longer term. Circa 50m and beyond if they achieve parity with AUSNZ business.You never know with these macro predictions, however an additional longer term tail wind if AUD weakens against USD.
Not least, Added diversification, like with money lending, as well as geographical will smooth out returns as well. This making the business more reliable to value and then potentially being traded at a premium as happens when uncertainty is limited in the markets eyes. Few years off and I'm not getting ahead of myself... much.
CCP Price at posting:
$21.22 Sentiment: Buy Disclosure: Held
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