-
20-02-2021, 05:28 PM
#821
Originally Posted by Greekwatchdog
High time the government tightens up and clamp down hard on the proliferation of child care centres - so there are only the properly & professionally run ones like Evolve.
There is still spare capacity in the industry so the kids will find a place to go to - but probably not as close or handy.
Cade in point - daughter of good friend could not get a place for her 1 year old in Auckland’s North Shore for nearly 2 months in Nov last year. Had to go on waiting list until a place became available.
-
26-02-2021, 11:31 AM
#822
Member
What do people think of the results.I'm not a expert by any stretch but i presume any profit in the conditions is good.
-
26-02-2021, 11:35 AM
#823
Solid given the conditions and a good starting point from here given they seem to have cleaned out all the dead wood.
-
26-02-2021, 11:46 AM
#824
Originally Posted by Greekwatchdog
Solid given the conditions and a good starting point from here given they seem to have cleaned out all the dead wood.
Good results - in line with my expectations and laying the foundation for a bigger re-rating next results.
Occupancy up and stabilising.
Discounting over.
Costs brought under control.
Cash in the bank.
More acquisition in the pipeline.
-
26-02-2021, 12:58 PM
#825
Member
Originally Posted by Balance
Good results - in line with my expectations and laying the foundation for a bigger re-rating next results.
Occupancy up and stabilising.
Discounting over.
Costs brought under control.
Cash in the bank.
More acquisition in the pipeline.
Nice turnaround in action. Will be looking to buy more on any weakness. Market may take some time to wake up to the potential here.
-
26-02-2021, 01:40 PM
#826
This is one of the few stocks on the NZX one can double their money in a couple of years IMO.
The new board have very successful ECE backgrounds and are masters of using other peoples money to grow earnings. I purely invested on the board/management team.
The numbers already show the turnaround is in effect. And that is with a year of COVID interruptions.
Occupancy rates can continue to grow. Lowering variable costs.
Cash in the bank for acquisitions.
Often overlooked this stock.
-
05-03-2021, 07:40 AM
#827
BOOM....
-
05-03-2021, 07:45 AM
#828
Originally Posted by sb9
BOOM....
Yes double boom. Acquisitions at just under 4x EBITDA and a confirmed intention to restart dividends
-
05-03-2021, 07:58 AM
#829
Nice one. Finally start to producing cash for shareholders. Wonderful management It is going to be my dividends stock for a while
-
05-03-2021, 07:59 AM
#830
"Minimal additional support office costs".
Economies of scale at play.
And when they start to use debt to purchase new centers the ROE is going to go through the roof.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks