Credit to Credit Corp
Credit to Credit Corp. Debt collection business, Credit Corp Group Limited (ASX: CCP), held its AGM in Sydney on Thursday. The company upgraded its purchase guidance for debt ledgers and reaffirmed profit guidance for the financial year. The business has been a large beneficiary of consumers deleveraging over the past five years and shows promising growth prospects with its new lending business. CCP has been a stellar performer under the new management team who helped pick up the business after the GFC where the shares hit a low of 39c. The shares closed the week at $10.11. We own CCP in the investment portfolio. Read our full weekly investor update here: (VIEW LINK)
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Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap (ASX: WMI), WAM Alternative Assets (ASX: WMA), WAM Strategic Value (ASX: WAR), WAM Research (ASX: WAX) and WAM Active (ASX: WAA) – Wilson Asset Management invests over $5.4 billion on behalf of more than 130,000 retail investors.
Wilson Asset Management created and is the lead supporter of the first listed investment companies to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG).
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Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...
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