Ann: CLH UPGRADES FULL YEAR GUIDANCE FOR INVESTMENT IN PDL'S, page-5

Marcus today:
"CLH is another we are tempted to add to the portfolio. Again a recent upgrade from the company is a catalyst and the stock could easily move back up towards 200c. The key to this one is how much debt it buys. The company is a very efficient debt collection business, so the more debt it buys the more profit it can make. The Purchase debt ledger has been upgraded to $80m-$84m and could well be a beneficiary of stricter prudential controls following the Royal Commission and also the huge household debt burden that Australian have. Any rise in rates will help this business."