my take on afj, page-24

I highly doubt my posts make any difference, and I can actually see how many times they are viewed.

To clarify: ethical investing is about investing according to your ethics, not mine. I think childcare centre roll-ups make a positive contribution for society (generally speaking).

Also, most of my original (bullish) points about this company remain true. I was looking forward to some strong capital gains, but had to sell.

ON the balance of probabilities, I'd say that the share price will go up over time.

In no way was my post a downramp. I just posted on this thread to let people know I'd changed my mind (embarrassingly, after about 2 seconds, because I think that is the polite thing to do).

If someone wants to investigate more fully the reasons I changed my mind, then that is up to them, but I don't expect people will.

More to the point, I sold because my thesis broke, not because I was worried about the ethics of the company.

A completely reasonable mind might come to a different conclusion on the matter.

At any rate good luck to all holders: fingers crossed for you.

Here's the link to my reasons, so you can judge for yourself. Like I said, reasonable minds may differ on this one.

http://ethicalequities.com.au/how-i-lost-my-affinity-for-affinity-education-group-asx-afj/