AKG 0.00% 11.5¢ academies australasia group limited

Ann: Annual Report to shareholders, page-3

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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 223 Posts.
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    Operating cash flow is where the huge story is: 2019 @ 7.99M vs 2018 @ 3.7M, no need for future debt payments so you can add an additional 1.27M for 2020 if all things were to stay as is. However they keep chugging along with revenue growth of more than 5% and are focused on continued financial discipline and cost savings.So I am calculating a forward PE of around 11 and a 100% franked dividend of over 7% and 15M cash in the bank, in an industry pretty safe from trade issues or recessions. I have just convinced myself to top up. If you look at other education stocks this is screamingly cheap ;-)
 
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