CCP - Credit Corp Group

[VSntchr]

hmmm v hard...
atm i'm checking the charts... really nice stable lines for the last 6 months ... regardless of the time frame looked at (5 days, 1 3 and 6 months)
this is just a newbie looking at it. Would that be a correct thing to say ?

You seem to be applying a very basic form of what is known as 'technical analysis'.

I have very limited knowledge of this so I won't comment on this, but I can tell you that on the fundamental side - CCP is looking very good.

The result reporting results show that the company is performing well and the future prospects look very bright

 

[Knobby22]

You seem to be applying a very basic form of what is known as 'technical analysis'.

I have very limited knowledge of this so I won't comment on this, but I can tell you that on the fundamental side - CCP is looking very good.

The result reporting results show that the company is performing well and the future prospects look very bright

I bought on Fundamentals also.
You seem to have lucked out and picked a fundamental investor favourite.
Seriously though, as you say, if you are basing it on trend investing, it has to be a buy!
Technically, very much in a trend. Just place a stop if you are worried.

 

[ChaoSI]

when does this company post dividends?

 

[ROE]

when does this company post dividends?

Dividend 10c for this half get paid on 1 April , Ex-dividend 11 March

 

[vesti]

Using closing equity, I get a $5.10 value and using slightly higher EPS above there 2011 estimate higher end EPS by CCP, $5.57 in 2011 & $6.40 2012 if they deliver on the earings???

 

[VSntchr]

Dividend paid today. Love these business that under promise and over perform!

 

[ROE]

Clean break $6 close at $6.05 too easy
thank you Mr Market

maybe thinking of letting go when it hits 10 baggers
only 6 baggers and all this time got 1/2 bagger in dividend alone whohoo...

 

[VSntchr]

I really really don't want to sell this one. Their prospects are so good IMO...I think their is massive growth in the industry...(witness TGA buying into the debt collection market recently)...
But they are starting to get a little more expensive...heres hoping they top pre-GFC high

 

[ROE]

I really really don't want to sell this one. Their prospects are so good IMO...I think their is massive growth in the industry...(witness TGA buying into the debt collection market recently)...
But they are starting to get a little more expensive...heres hoping they top pre-GFC high

I rarely sell good business, justing tinkering
Dividend on this one a few K every 6 months isn't bad so there is no need to sell.
This decade time for CCV TGA and CCP to shine and retire

 

[michael_selway]

I rarely sell good business, justing tinkering
Dividend on this one a few K every 6 months isn't bad so there is no need to sell.
This decade time for CCV TGA and CCP to shine and retire

Will these companies crash when there is another GFC? thanks MS

 

[tonza]

Will these companies crash when there is another GFC? thanks MS

Nah, it'll be all smooth sailing...

When do you think I should start selling down my holdings?

 

[ROE]

Will these companies crash when there is another GFC? thanks MS

Strong fundamental companies with price crash is a value investor dream

 

[Knobby22]

Gee, dropping like a rock.

Got a bit high too quickly, methinks plus having a director sell didn't look good.
I wonder if there is some bad news coming up.

 

[VSntchr]

Gee, dropping like a rock.

Got a bit high too quickly, methinks plus having a director sell didn't look good.
I wonder if there is some bad news coming up.

It seems any stock with directors selling is getting punished this year...

 

[JTLP]

I don't there is anything fundamentally wrong with CCP - it's had a fair run from $2.50 odd to $6.00 - people want to take profit no doubt.

Also add that Mutual Investors (I think that's the name) had been selling down for quite a while - probably have fallen below the 5% requirement and are just dropping them off - hopefully the selling will dry up when they're done and CCP can stabilize.

Volumes have been quite high though but CCP (post crash) has been suprising to the upside so I wouldn't worry too much.

I might buy more if it gets to low $4's...

 

[drworm]

I topped some on my holdings today.

In a market without many reasonably priced quality companies about, CCP sticks out like a sore thumb.

If the past few years are anything to go by - it's run up to the annual report will likely see a profit upgrade and the final result hitting at the top of its guidance.

EPS 41-46c for FY11 is actually very conservative based on its half yearly results with plenty of room to move.

Happy investing!

 

[VSntchr]

I topped some on my holdings today.

In a market without many reasonably priced quality companies about, CCP sticks out like a sore thumb.

If the past few years are anything to go by - it's run up to the annual report will likely see a profit upgrade and the final result hitting at the top of its guidance.

EPS 41-46c for FY11 is actually very conservative based on its half yearly results with plenty of room to move.

Happy investing!

Good timing! Upgrade 2 days later!
Caution in the fact that competitors are increasing their prices for ledgers. Lets hope that CCP can show its competitive advantage by outlasting the competition...time will soon tell over the next year or so..
I do note that last year they had an initial PDL guidance of 40-60..and its now ended up being closer to 90....so take from that what you will..

Anyway I took the chance to top up this week also...one of the better sectors to be in at the moment and still some value around...

 

[JTLP]

I don't there is anything fundamentally wrong with CCP - it's had a fair run from $2.50 odd to $6.00 - people want to take profit no doubt.

Also add that Mutual Investors (I think that's the name) had been selling down for quite a while - probably have fallen below the 5% requirement and are just dropping them off - hopefully the selling will dry up when they're done and CCP can stabilize.

Volumes have been quite high though but CCP (post crash) has been suprising to the upside so I wouldn't worry too much.

I might buy more if it gets to low $4's...

Another guidance update - all pointing to the plus side.

Things are looking lovely - makes me more than certain it was Mutual Investors shedding the last of their holding over the past few weeks - no explanation for the fast drop from $6.20 to $4.70...

Oh well i'm happy - and did anybody see the reduction in debt? I smell more juicy dividends...

 

[VSntchr]

I think I may have found a home for my jbhifi buy back proceedings...

 

[Risk Chaser]

my limit order got triggered at $4.95, first time buyer. I hope she's a keeper