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CCP - Credit Corp Group

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Great news for CCP.

Went para today! Looking bright for CCP holders, especially those that got in at the lows! You would have already made a mint! Unfortunately, I got in over 90c, but there is still room for this one to run yet!
 
Stunning news

CCP my second biggest holding during the recent low, I be happy with a 4 baggers on this guys in a few years. And oh yeah dividends just got bank into the account too ..double good news..

The biggest holding is SUN with recent low and see what this sucker can do in a couple years
 
"Investor's Mutual", one of the major shareholders in Credit Corp, just increased its stake in the company from 7.64% of the shares 9.51%, an increase of about 820,000 shares. Must have cost around $650k.

Is this a vote of confidence in the future of CCP? Is it a "buy"?
 
Definately a buy IMO. One of my few long-termers.

Though there is a higher element of risk, the potential rewards far outweight it IMO. I would not be surprised to see this one double in price over the next year or 2.
 
Nothing a bit of good news cant fix ..... down -10% in the morning, then news comes out end the day +4%

High risk high reward
 
At least one of my 3 long-term dogs are paying off!!

Cha - Ching!

Can it break that $1 mark and really run? Will be interesting to see the EOY figures, it's going to really move one way or the other!
 
If the CCP reach their high end figure of EBITA, this stock can easily double what it is now in a year and they still pay sweet dividend between now and then
 
Credit Corp has announced today a Dividend reinvestment option. Im fairly interested in it as the dividend is pretty tiny anyway ($0.02) so i'll prob go for it.
 
Steady increase in price since the law suit announcement ... I wonder what tomorrow result will bring .. let hope it's a good one
 
ROE said:
Steady increase in price since the law suit announcement ... I wonder what tomorrow result will bring .. let hope it's a good one
Click to expand...

Yep, tomorrow should be an interesting day.

I have been hit all over the shop on the wrong side of earnings releases this reporting period. Just another reminder why you should stay out of it when trading!

I have another in store for me when US opens tonight, so let's hope CCP can do me proud tomorrow!
 
Nice I like the result
EPS 12 cents on 88 cents stock dividend pay out nice and slow at 4 cents
keep those money for raining day and repay debt is on the agenda

That the sort of approach I like
 
Hi Guys

Ive been a long term credit corp holder. I was feeling pretty gutted after the lies of the management team and it all spiraled down. I didnt get out in time so im still holding. Does anyone have any thoughts on how long or if these guys will claw their way back ??

Cheers
Mark
 


I'm in exactly the same situation after i bought in between the two massive crashes almost a year ago. I think Credit Corp are long term but i don't know how long that would take. Today was a positive sign though, with CCP closing 15% up
 

Don't know how long you prepare to hold or your entry price

but I didn't buy it until it crashing down so I'm fairly happy with the ways things are going at a moment and if they continue to pay me 4 cents dividend a year I'm cool.

My time frame is 5 years or longer, it been a year or less for me on this stock.
 
Just had a look at my CCP purchase, haven't had them as long as i thought ;:eek
i got most of them in 06 at $8.00 Ahahahaha..
I think , i'll be waiting a while to recoup LOL
 
mark_au said:
Just had a look at my CCP purchase, haven't had them as long as i thought ;:eek
i got most of them in 06 at $8.00 Ahahahaha..
I think , i'll be waiting a while to recoup LOL
Click to expand...

yeah I be party all year if CCP go to $8 but unlikely hoping $2 in the next 2 or 3 years but who knows if they can get back to their early day efficiency
it should rocket according to earning
 
Yeh, CCP has been faring well in this market anhialation!

If only they can collect some debt and who knows, maybe banks will start giving it away for free!

Either way, one of my only bottom drawer holds currently.
 
Just saw an announcement for CCP, a director has left to pursue his legal career.. His legal firm will be providing services to CCP.. is this fishy ?? Seems like there is still some rumblings in mgt there... Not happy Jan.. Wish i had had a spot loss on those guys... Kept putting it off as you have to do some dumb test thing on comsec to be able to use them, Sigh....
 
Just had a look at CCP and the process serving arm of the company, Wise McGrath has been sold. I think they bought it only a few years ago from memory. Not a bad decision though the cash - to be paid in stages - will be used to buy new ledger accounts.
 
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