CCP 0.61% $18.09 credit corp group limited

drifting lower

  1. 955 Posts.
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    Does anyone have a clue as to what is happening with CCP. The SP has drifted lower since January and is now back where it was three months ago. Today it broke through the 100DMA which is not a good sign.

    Some directors have been buying lately, which gives me some encouragement. The PE is about 9 which is quite low, volumes are good and the recently announced forecast for the year was slighlty up on the previous announcement.

    My concern is that something else is up and the market is not being fully informed.

    Any ideas

    K






 
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