CCV 0.00% 23.5¢ cash converters international

Ann: Half Year Results Announcement, page-7

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  1. 247 Posts.
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    The margin is not as high as I expected and bad debt expenses rises. It will fall short of the analyst forecast. 


    Also, senate inquiry report will be out tomorrow. Class action result might blow another half year profit off. I don't see them paying dividend within this year. 

    There are other opportunity to deploy capital in the short term than sticking money into this serial underperformer with a penchant of asking money from shareholder.  
 
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