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[sharechat] Collection House (CLH.ASX)

From:	"winner69 ." <wwinner69@hotmail.com>
Date:	Fri, 18 Jan 2002 18:29:50 +0000

Very good article on CLH (Collection House) in this weeks BRW, a leading 
Australian weekly business magazine

http://www.brw.com.au/stories/20020117/13093.asp

Says that a lot of money to be made in the debt management business. 
Mnetions Baycorp Advantage and RMG but covers the success story of CLH.

A lot of CLH growth coming from the purchase of ledgers. The dimensions of 
this segment of the market are quite amazing - the article says that CLH 
have purchased $1.2B of debt for $65M and expect to collect $200M of this in 
the future (most in the first three years).

The CLH price showing considerable strength around the $4.40 mark and no 
doubt will start increasing leading up to the interim profit announcement to 
be made late February. CLH are still on track to double profits this year.

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