The tricky part about KME is working out how this flows down to the financials.
1) Does it (use of online) affect the franchise fees that are levied?
2) For corporate owned centres, will online be higher margin?
For me these are unknowns, but I have bought in a starter position again (after having sold out a few months ago).
The tricky part about KME is working out how this flows down to...
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