EVO 2.24% 68.5¢ embark early education limited

Everyday I revisit my thoughts about EVO- Generated FCF...

  1. 203 Posts.
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    Everyday I revisit my thoughts about EVO
    - Generated FCF EQUIVALENT to 2017 when the stock price was 50c
    - Had a horrible first half in FY20 yet STILL generated 3x OCF and FCF. Revenues also respectable
    - Loss also a lot less than year prior.
    - Occupancy IS an issue, but can we reflect on how this is a ESTABLISHED leader in a needs based business. Will people suddenly not want to use childcare centres? What? Especially after coronovirus the occupancy will naturally go back to its set point above 70%, and thereon the company can acquire more australian CCC's and up their average.
    - Lockdown in NZ atm, meaning we might get some discounted prices
    - THe company is trading at 100 MILLION MARKET CAP WHAT? Revenues are greater than their market cap AND Management has skin in the game at 13c
    - The "product" EVO sells is not one dependent on popularity. It's a raw business that will come back to fruition
    - IMO 4-8 bag potential over 1-3years easily. This is selling at a huge discount - unless someone can prove me otherwise. Disclosure I topped up at 0.06c NZD which I doubt will resurface unless the business closes down, why on earth will a governemnt supported NEEDS based business close down bhan chode?
 
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Last
68.5¢
Change
0.015(2.24%)
Mkt cap ! $109.2M
Open High Low Value Volume
68.5¢ 69.0¢ 68.0¢ $23.01K 33.43K

Buyers (Bids)

No. Vol. Price($)
1 10000 68.5¢
 

Sellers (Offers)

Price($) Vol. No.
69.0¢ 23281 4
View Market Depth
Last trade - 15.55pm 07/05/2024 (20 minute delay) ?
Last
69.0¢
  Change
0.015 ( 3.76 %)
Open High Low Volume
68.5¢ 69.0¢ 68.5¢ 704
Last updated 10.07am 07/05/2024 ?
EVO (ASX) Chart
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