MFD mayfield childcare limited

not overtly disappointed with it - all signs of business...

  1. 4,001 Posts.
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    not overtly disappointed with it - all signs of business rebuilding and should come out much better.

    Several things which have stood out for me which points towards a brighter future
    1. 75% of centres are at 75% or greater occupancy - not bad
    2. Concerted effort to divest/repurpose centres which are not performing the best.
    3. business is generating good cashflow - I expect the size of dividends to increase substantially over next 2-5 years along with capital growth
    4. I'm also satisfied with the frequency and mode of communication - it is much more transparent and forthcoming

    Overall i see good signs of business being turned around. Will see how it goes in next 2-5 years.
 
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34.0¢
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Mkt cap ! $25.64M
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35.0¢ 30101 1
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Last trade - 14.51pm 29/07/2025 (20 minute delay) ?
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