Looking Good

These guys are doing pretty well. I was on the sideline to see how this sector was accepted by share holders and wow, may jump in on the next one.

From the prospectus
"The acquisition of ALG is UCW’s first step in building and growing a private education business in the Vocational Education and Training (VET) sector. The VET sector is highly regulated and is undergoing a structural shift towards privatisation as a result of government reform. It is a fragmented market with many niche providers, presenting opportunity for consolidation.

Education is also benefiting from increasing international enrolments as a consequence of a declining Australian dollar and government policy supportive of growing Australia’s service-related exports. Education is Australia’s largest service export.
The Company’s strategy within the VET sector is to acquire campus-based businesses with international and/or domestic students enrolling into high demand or niche accredited courses, that it can add value to and grow through strategies including product expansion, geographic expansion, broadening distribution and the addition of different delivery modes such as online. The Board includes Directors with extensive experience and a successful track record in building private education businesses, including within the VET sector."​