Could be lower until all of the shortfall is in safe hands, could take a while.
Safe hands is a euphemistic term when it comes to this company lol
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Just out of morbid curiosity, when is this pup supposed to come out of its trading halt ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
It goes to prove what shareholders and staff think about an operation doesn't necessarily mean the customers will think about it that way too.
Originally Posted by Hectorplains
The key word is "brands." It excludes the charity and independent operators. Evolve are only the best of the commercial bunch according to the survey.
Yes the ongoing steady decline in average centre occupancy tells the real story...which reads like a one way trip to nowhere.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Yes the ongoing steady decline in average centre occupancy tells the real story...which reads like a one way trip to nowhere.
The industry is over supplied, more and more centres are being opened but the existing ones aren't at maximum occupancy.
So the good news is that the decline in the roll probably isn't a sign of issues specifically at Evolve, rather it's the entire industry showing a cyclical nature.
Last edited by axe; 10-05-2019 at 11:39 AM.
Reason: speeeling
The industry is over supplied, more and more centres are being opened but the existing ones aren't at maximum occupancy.
So the good news is that the decline in the roll probably isn't a sign of issues specifically at Evolve, rather it's the entire industry showing a cyclical nature.
While the industry is facing an oversupply... this is not in all areas. Some centres remain at maximum occupancy... and even have a waitlist. Evolve centres have falling occupancy because they offer an inferior 'product.'
Bookmarks