ABS a.b.c. learning centres limited

morgan stanley announcement, page-9

  1. 1,098 Posts.
    Why would MS buy in 60% if they did not like what they see.ABS still retains 40%.

    The US business has one major advantage over Australia - the minimum wage is 50% lower.

    Child care workers are on one of the lowest awards in Australia (in Victoria $14/hr) and ABS is already complaining about staff costs.

    As for the PE it is not what you quoted - that's the projected PE and the market doesn't believe it.

 
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