CCV 0.00% 23.5¢ cash converters international

I disagree. Even after adjustment, it is trading flat from last...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 247 Posts.
    lightbulb Created with Sketch. 27
    I disagree. Even after adjustment, it is trading flat from last half of the year despite loan book has grown quite a lot during FY2018. This means the supposedly incremental interest revenue has completely got absorbed by bad debt.

    There is a slide that shows every category debt has bad debt expense increase. With unprofitable loan growth and more shoddy deals discovered during senate inquiry and very poor compliance history, I don't see there is a re-rating before the CA conclusion.


 
watchlist Created with Sketch. Add CCV (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
0.000(0.00%)
Mkt cap ! $138.0M
Open High Low Value Volume
23.5¢ 23.5¢ 23.5¢ $3.1K 13.19K

Buyers (Bids)

No. Vol. Price($)
3 55536 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 51017 1
View Market Depth
Last trade - 15.39pm 29/11/2024 (20 minute delay) ?
CCV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.