KME 0.00% 30.0¢ kip mcgrath education centres limited

The common investor is slowly becoming aware of this story and...

  1. 96 Posts.
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    The common investor is slowly becoming aware of this story and starting too believe in it.

    I'm comfortable with the current valuation and don't have expectations of the share price to shoot up in the short term; the business will however continue to grow over time and this should afford quality returns if executed well.

    Plenty of growth levers:

    - Online at 30% fee
    - Normal to gold at 20% fee
    - Normal to % of revenue at 10% fee
    - Plus option-ality with literacy assessment
    - Now they have a good percentage of franchises on % of revenue type plans they can market and increase student volumes and get a decent ROI on the marketing expenditure
    - Geographical expansion - long term
 
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Last trade - 16.12pm 03/07/2024 (20 minute delay) ?
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