CCP 0.67% $18.10 credit corp group limited

We cant forget that currently they're looking at a $10M NPAT for...

  1. 11 Posts.
    We cant forget that currently they're looking at a $10M NPAT for the 07/08 Fin Year. The main issue for this company will be its long term recovery prospects of the existing ledger of debt they acquired over the previous 3 years and the skill set of the employees to effect a suitable recovery rate.

    Reading their releases all issues related to performance were allocated as Operations issues, however all changes made under the strategic review have affected the support areas (IT, Admin etc).

    Cant really see private equity taking over on this unless they had a management team to put in place that could drive operational performance and skill level development for the 400+ staff that directly influence the financial performance of the company.
 
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