CCP 0.42% $14.21 credit corp group limited

Yes, I think at one point as low as 30c, however I think it's...

  1. 722 Posts.
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    Yes, I think at one point as low as 30c, however I think it's important to keep in mind that CCP was not the company it is today.. The net asset base is much larger, their capacity has significantly grown. Imagine that, $10 + to 30 cents, it would have been written off, thrown in the bin.. Next minute 5000%+ returns for investors over a 12 year period, while maintaining incredible ROE.

    At the end of the day, I have to ask myself, who can take their spot locally in Australia... Particularly in a potential climate of bad debtors and weak books. So the answer to that question is probably, nobody... So then I simply ask myself will they grow at least to the level they were 3 months ago, or 12 months ago, if the answer is remotely near a yes then I'll just start a DCA type entry, with a very small speculative percentage of my PF, perhaps around 2%.

 
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Last
$14.21
Change
0.060(0.42%)
Mkt cap ! $967.2M
Open High Low Value Volume
$14.07 $14.25 $13.91 $1.926M 136.5K

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No. Vol. Price($)
1 760 $14.17
 

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Price($) Vol. No.
$14.24 448 1
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$14.18
  Change
0.060 ( 0.26 %)
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$13.97 $14.24 $13.93 31562
Last updated 15.59pm 17/06/2024 ?
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