Forum Topics CCR CCR Financials

Pinned straw:

Added 3 months ago

CCR released latest update and increased guidance and buyback

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I sold on the pop and thought my move may have been premature. But then share price still finished down on Friday.

Not really sure what that means. Maybe there is the view that management has been here before with bullish guidance only to disappoint in the past. I note that management is not new and has been around for a while

[not held]

RogueTrader
Added 3 months ago

I see CCR's sp recovered strongly late today - maybe some have come to the same conclusion as madamswer on HotCopper who noted that, "certain accounting quirks mean that CCR's P&L significantly understates the underlying profitability of the business."

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