I like the business model for Think. They are able to build their own childcare centres and avoid the one off costs that other centres need to pay such as goodwill, development profits , acquisition costs of new centre. They also have mor control over their growth strategy.
The return on assets and equity should be better than other childcare centres.
I am happy to hold for long term growth if the acquisition isn’t completed for a good price.
TNK Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
