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  1. #261
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    Quote Originally Posted by winner69 View Post
    This is a pretty shocking announcement ...even though full of optimism for the future

    https://nzx.com/files/attachments/263689.pdf
    Yes Winner it does not look good, because of IQE possible subsidy enrolment issues, I questioned the CEO Alan Wham some time ago.
    I ask if EVO had any possibly subsidy issues. My understanding is they had/have. My understanding also is that EVO is not directly to blame and the scale of the issue is minor compared with what IQE had to deal with. Still al this is not helpful.

  2. #262
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    Quote Originally Posted by winner69 View Post
    I thought they had so many new centres that increased profits were a given
    Well, Milford will be spewing at this one, think they do hold a fair chunk of these.

  3. #263
    percy
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    Quote Originally Posted by sb9 View Post
    Well, Milford will be spewing at this one, think they do hold a fair chunk of these.
    I note THL sp keeps going up inspite of Milford selling down.
    Seems a good idea to do the opposite to Milford?..lol.

  4. #264
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    Quote Originally Posted by percy View Post
    I note THL sp keeps going up inspite of Milford selling down.
    Seems a good idea to do the opposite to Milford?..lol.
    Lol...I'm always bit wary of a stock where Milford has larger holding...

  5. #265
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    I remember at the time asking what strong growth. When the tide goes out you sees who's been swimming naked.
    Strong growth LOL definitely time for a Tui ! No wonder the director was desperately keen to quit millions of shares.
    As I have stated from the very outset of this thread I remain of the view that early childhood centers are best run by caring private owners well connected to the community and are not well suited to the corporate model. I think shareholders can take their assurance that they are addressing lower occupancy at their centers and are confident of restoring profitability with a large grain of salt.
    Is your girlfriend still involved?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #266
    Speedy Az winner69's Avatar
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    Quote Originally Posted by sb9 View Post
    Well, Milford will be spewing at this one, think they do hold a fair chunk of these.
    Salt has a fair chunk too don't they
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #267
    Speedy Az winner69's Avatar
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    From the Chairman - This is disappointing and it is fair to say we have been slow to react



    Obviously management don't have much of a handle on things

    Good to hear that 'our eyes are on the road ahead' though

    I love reading Chairmans addresses - always provide insights
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #268
    percy
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    From latest annual report.
    Milford.......8.17%
    Paradice.....5.89%
    Salt...........6.03%
    ACC...........5.42%
    Percy .........0.00%

  9. #269
    Speedy Az winner69's Avatar
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    Quote Originally Posted by percy View Post
    From latest annual report.
    Milford.......8.17%
    Paradice.....5.89%
    Salt...........6.03%
    ACC...........5.42%
    Percy .........0.00%
    Correction

    At Annual Report time

    Percy ........some

    today


    Percy .....0.00%

    ACC have gone below 5% as well
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #270
    percy
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    Quote Originally Posted by winner69 View Post
    Correction

    At Annual Report time

    Percy ........some

    today


    Percy .....0.00%

    ACC have gone below 5% as well
    Yes I stand corrected.!

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