Cash Converters International Ltd

Company updates

Company updates – Cash Converters, NCIG and Newcrest

Cash Converters is to make an announcement following the final report into Small Amount Credit Contracts. NCIG announced a proposed refinancing to its commercial structure, allowing additional credit support from major shareholder BHP. Newcrest delivers a 33% quarterly uplift in their cashflow margin

Company research

Cash Converters International Ltd research report 2015

An ASX listed provider of alternative credit services (personal loans) and second hand goods retailing. CCV has experienced solid growth and underlying profitability. It has demonstrated strong cash generation which is a reflection of relatively low debt levels and the high margin personal lending business

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