Forum Archive Index - August 2000

[Brian Gale <brigale@i4free.co.nz>]

>That's an interesting article which provides a few more pieces of 
>information relating to the battlefield. One item of particular interest 
>is the estimated market share for BCH = 50%. I would have thought it was 
>higher.
>
>Another point which was not mentioned is the upcoming float of CCP which 
>on the surface might seem to be additional competition for RMG.  But as I 
>read it they currently are in different markets in that CCP buys up Debt 
>Ledgers and has done well with major banks whereas (at this point in time) 
>RMG is concentrating on the mercantile receivables business similar of 
>course to BCH.
>
> From that comprehensive report provided by the Investor Web (thanks to 
> Daniel for pointing us there) we also see that the number of operators in 
> the debt ledger business is only 6, whereas in the mercantile
>receivables area there are some 600. (I am referring to AUS ) So there is 
>obviously vast scope for consolidation of the latter. The overall 
>receivables market is expected to double by 2005 so this a great business 
>to be in.
>
>Of course the major task for RMG is to achieve consolidation of the 
>companies already absorbed which won't be done overnight.  I think they 
>themselves said it would be the end of the year before they expected to 
>reach this goal.
>
>Patience is obviously needed but IMHO , being an optimist, RMG has the 
>hallmarks for success,
>the pessimists no doubt are still stinging from the AQL fiasco.
>
>BG
>(hold RMG and will accumulate)
>
>At 14:20 07-08-00 +1200, you wrote:
>
>>http://www.sharechat.co.nz/articles/20000804-unlimited4.shtml
>>
>>
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