Articles On Cash Converters International (ASX:CCV)

Australian investors currently are pocketing $35 billion of dividends, but yields are falling Smaller industrial stocks with a decent dividend record are yielding up to 10 per cent Beware the ‘dividend traps’   Investors are about to have...

US stocks rallied on Wednesday after a volatile session, as investors analysed the latest US inflation data and its potential impact on Federal Reserve policy. The S&P 500 rose 1.07 per cent to close at 5,554.13. It was the first time s...

The ASX 200 is poised for a challenging session, with futures indicating a sharp decline of 102 points as of 8:20 am AEST. This downturn follows a weaker-than-expected US jobs report, which added uncertainty to global markets. The US report...

Momentum trading involves buying rising stocks and selling falling ones This works best during economic expansion, when market trends are stronger We take a look at three signals momentum traders use Momentum trading is a popular investme...

Cost-of-living pressures and circular economy trends appear to have played into the hands of cash loans and second-hand goods retailer Cash Converters (ASX: CCV), today reporting an unaudited 26 per cent lift in revenue to $382.6 million fo...

  ASX to open higher as US earnings results continue to impress Apple rose 6pc after topping analysts’ expectations Tailwinds for Bitcoin and cryptos ahead   Aussie shares are poised for a higher open on Friday as corporate earnings on W...

  The three major indices drifted over the last session of the week to finish mixed on the day, but ending with the best week of 2024 so far. The Dow ended the day down 0.77 per cent and the S&P 500 inched lower to close down 0.14 per c...

If you would like to watch a video of the outlook report, click here. Thanks for tuning in! Stocks fell Thursday, pressured by rising Treasury yields, as traders fretted over new data showing persistent US inflation. The consumer price inde...

  The Dow Jones Industrial Average fell Wednesday as traders absorbed a hotter-than-expected August core inflation print. The Dow lost 70.46 points, or 0.20 per cent, to 34,575.53 for its second straight decline. Meanwhile, the S&P 500...

  Sam Budiselik – Managing Director – Cash Converters (ASX:CCV) is a diverse group generating revenues from franchising, store operations, personal and vehicle finance.

Cash Converters (CCV) officially acquires Capital Cash in the United Kingdom for $24.7 million Capital Cash is the largest franchise group in the UK, operating for more than 20 years Cash Converters plans to see rebound growth in Capi...

The ASX is poised to open higher on Monday, tracking Wall Street’s moves ExxonMobil reports record profits The Fed and RBA will make rates decisions this week   The ASX is poised to open higher on Monday, tracking Friday’s gains in New Yo...

ShareCafeMarkets rally on cooler inflation data                    Stocks jumped Thursday as traders cheered another report pointing to cooling US inflation. The March producer price index, a measure of prices paid by companies and of...

ShareCafeFed increases interest rates by 25 basis points                    Stocks tumbled on Wednesday as the Federal Reserve continued hiking rates, while at the same time acknowledging turmoil in the banking sector could slow the a...

Cash Converters has decided to buy its UK subsidiary Capital Cash for $24 million. The company expects the acquisition will lend it full control over growing its footprint in the UK and Europe in coming years. The post Cash Converters [ASX:...

Cash Converters International (CCV) is looking to take over its largest UK franchise group, Capital Cash, in a ₤13.9 million (A$24.7 million) deal The two businesses on Monday announced the execution of a sale and purchase agreement for...

As it transitions away from offering some of its payday loans, Cash Converters (ASX: CCV) has announced it is acquiring its largest UK franchise store network Capital Cash in an all-cash deal worth $24.7 million. It comes four months after...

The ASX is set to gain on Monday after Wall Street’s broad based rally US markets rallied after a Fed report Most commodity prices also increased on Friday   The ASX is set to extend its gains on Monday after a broad-brushed rally in New...

Cash Converters (CCV) is acquiring the remaining 75 per cent interest in its namesake New Zealand master franchisorThe secondhand retail company acquired the initial 25 per cent stake in Cash Converters New Zealand in 2014It’s now acquiring...

As part of its expansion strategy, Cash Converters International (ASX: CCV) will acquire the remaining equity in Cash Converters New Zealand Master Franchisor for $15.5 million in cash. Cash Converters International already has a 25% stake...

British PM Liz Truss quits, paving the way for Boris Johnson to come back Wall St fell overnight on higher rates outlook Yen breached 150 for the first time in 30 years   Local shares are set to fall on Friday, tracking the losses in New...

ShareCafeUS equity markets surge off lows despite higher than expected inflation data                    US equities finished higher in Thursday trading, near best levels after reversing a big decline from right after the open – this...

ShareCafeMetaverse stocks struggling, as bond yields head towards 4%                    Stocks were lower on Tuesday as investors braced for another large rate hike due out Wednesday from the Federal Reserve. The Dow Jones Industrial...

Cash Converters (ASX: CCV) has announced what managing director Sam Budiselik describes as a “watershed year” for the 12 months ending June (FY2022), with revenue rising 22% to $245.9 million. Earnings before interest tax depreciation and a...

Cash Converters (ASX: CCV) has continued its strong lending momentum through another three-month period, unveiling a 20% growth in its loan book for the June quarter (Q4 FY2022) compared to Q4 FY2021. The unaudited fourth quarter results re...

Secondhand retail company Cash Converters (CCV) has renewed its loan securitisation facility with Fortress Investment Group for a four year maturity term The board considered a number of funding proposals, but this was determined to be the...

Emerging Companies (XEC) index jumps more than 2% before trimming gains   Benchmark ASX200 down 0.15% Greentech Metals up over 120%, in trading halt   Inspired by strength in gold and metals Aussie small caps have bounced off the canvas...

Cash Converters (ASX: CCV) has continued its strong lending momentum past the traditionally busy Christmas period, posting a 21% growth in its loan book for the March quarter. In the unaudited third quarter results released today, Australia...

Highlights The ASX All Ordinaries index tumbled over 1.05% to 3,309.1 by 12:30 PM AEST. MAM, KSL & CCV are three financial stocks under AU$1 with the highest dividend yield. Dividends should not be the sole criteria for investing...

Despite ongoing challenges posed by the pandemic, Cash Converters (ASX: CCV) has revealed a strong December half (H1 FY2022) – posting a 23% rise in revenue to $115.2 million, resulting in strong cash flow to pursue acquisition opportunitie...

Wall Street rebounds as war in Ukraine develops Wall Street unexpectedly rose overnight, despite the continuing battle in Ukraine that could see its capital Kyiv taken by Russian forces within hours from now. All three major US benchmarks s...

Highlights The Small Ordinaries Index surged 1.33% to 3,243 by 12:30 PM AEDT, recovering from a noticeable 2.2% loss on Tuesday. AGS, CDT and CLH are some of the ASX penny stocks that are catching investor attention. Penny stocks are...

Australia’s largest sub-prime lender and second-hand goods retailer Cash Converters (ASX: CCV) has explained the inherent delay in income the business recognises from the loans it writes, to help investors appreciate the difference between...

Investors could be wondering why a number of ASX 200 shares have fallen today despite no company announcements. As we move towards the end of September, a vast majority of ASX shares are trading ex-dividend these days. An ex-dividend date...

One of the trickiest aspects of investing is deciding whether a fallen angel will ever fly again. If they do regain their wings, the rewards of buying in at distressed levels can be enormous. But as they impress on newcomers in Masterchef s...

Cash Converters (ASX: CCV) has reported strong earnings growth for the 2021 financial year despite the “challenging social and economic environment” with momentum generated in the second-half expected to continue in the new year. As Austral...

Highlights As of 10:30 AM AEST, the ASX 200 has rallied further and was trading 0.37% or 27.8 points up at 7,516.1. The market breadth is looking positive so far with nine out of the 11 sectors trading in green. Aussie Broadband has g...

Second-hand retail and personal finance business Cash Converters says it will look to build on its momentum after posting a net profit turnaround of more than $16 million in FY21. Cash Converters (ASX:CCV), which in FY20 reported a net afte...

The CV Check Ltd (ASX: CV1) share price is in the green today after the company released its earnings for financial year 2021 (FY21).  Right now, the CV Check share price is 17 cents, 3.03% higher than its previous close. CV Check share pr...

One company that has taken the global pandemic in its stride is Australia’s largest sub-prime lender and second-hand goods retailer Cash Converters (ASX: CCV), which has not only held up against a challenging period but is achieving growth...

The Cash Converters International Ltd (ASX: CCV) share price is charging higher, up more than 3% in afternoon trading. Below we take a look at what’s driving investor interest. What update did Cash Converts provide? Cash Converters’ share...

The Cash Converters International Ltd (ASX: CCV) share price has laid flat for most of the day. The lack of movement follows the second-hand retailer and personal loan provider releasing its latest trading update for the third quarter. Coi...

The Cash Converters International Ltd (ASX: CCV) share price ended the day down 1.8% at 28 cents. We take a look at Cash Converters’ financial results for the half-year ending 31 December (H1 FY21) below. In particular, what these figures...

Summary Cash Converters has appointed Sam Budiselik as its MD & CEO, effective from 18 December 2020. His terms of employment would remain the same when he was appointed the CEO on 26 February 2020. His leadership skills supported...

The Cash Converters International Ltd (ASX: CCV) share price is climbing higher this morning as the company announced its full year results. At the time of writing, the Cash Converters share price has risen to 22 cents, which is 4.76% abov...

S&P Dow Jones Indices has announced the quarterly rebalance of the entire S&P/ASX index hierarchy, revealing which companies have been added and removed. This review of the ASX’s major indices – the S&P/ASX 20, 50, 100, 200, 300...

According to just about everyone, Australia and indeed the world economy is going into recession. While there may be a few factors contributing to the global recession, it is clear that the coronavirus pandemic is the primary cause. While...

Black Friday was so-called because the goal was to get retailers ‘back in the black’, but did it live up to its name for ASX small caps or was it just an overhyped fizzer? The performance of ASX small caps in the retail and consumer sectors...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...