KME 0.00% 42.0¢ kip mcgrath education centres limited

Ann: Trading Halt, page-16

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  1. 51 Posts.
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    Thanks for the great discussion everyone. It's hard to know what will happen because information is quite sparse and confusing. I mean, is corporate still a 'thing' because for months all we've heard about is corporate and all these hubs that were going to open around the country and now it's as though that was a 'fad' as it doesn't get a mention anymore. Or is corporate now the new online virtual super centre? Does anyone even know how many corporate centres are operating at the moment?
    One point in the presentation is along the lines of - ' we're not going to miss this pivotal opportunity to push online because of what we've learnt from the pandemic' - what an odd way to run a business?? Wait for a catastrophe before you act!
    One positive thing to see in the presentation is the steady growth for revenue and ebitda in the graphs from 2016. I hope that the employees who worked during the past 4 years are still there and aren't part of the wave that resigned, because they are obviously part of its ongoing success. That will keep me holding my shares.
 
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