Hugh Robertsons EvaluationCollection House (CLH)Price...

Hugh Robertsons Evaluation

Collection House (CLH)

Price $1.43
Target $2.00

Banks keep lending credit card debt and consumers still keep getting into trouble. Management here are very cerebral and disciplined. Over time the register of Collection House will change as it becomes institutionalised – indeed Perpetual Trustees, one of Australia’s premier investment groups went substantial yesterday. If compared against Credit Corp, its bigger and better known competitor, Collection House looks dirt cheap.