KME 1.45% 34.0¢ kip mcgrath education centres limited

**IF** what was said in the investor update comes true, then it...

  1. 373 Posts.
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    **IF** what was said in the investor update comes true, then it is looking very cheap. ~8x PE and ~4-5x free cash after investments.

    “FY24 full year profit is expected to align with the prior year result”

    I’ll continue to hold as I’m stupidly emotionally attached to this holding now as I’ve held since 2012. One can easily make the argument that this is now very cheap though…

 
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