February 2015 Institutional Investor Presentation:Group Centre Portfolio page 4
"the group added 203 new centres and 13,697 licensed places in 2014"
"The group owned 437 centres in Australia 18 in Singapore with a total of 32,782 licensed places"
February 2016 Institutional Investor Presentation:Group Centre Portfolio page 24
"The group added 44 centres and 13,697 licensed places in 2015"
"The group owned 471 centres in Australia 18 in Singapore with a total of 35,221 licensed places"
AGM 25 May 2016 page 5 copy and pasted the incorrect information from the 2016 Institutional Investor Presentation.
The 44 centres purchased during 2015 added 2439 licensed places not 13,697.
The 44 centres purchased during 2015 should have brought the portfolio to 481, not 471 unless they sold 10 centres throughout the year. No releases to shareholders on disposal of centres.
It would be of great benefit to be able to access a total list of the individual centres listed to G8 and its subsidiaries, but I doubt that will ever happen.
IMO & DYOR
GEM Price at posting:
$3.92 Sentiment: None Disclosure: Not Held
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