Re The Fool, a quote, from their website: "we're entirely focused on helping Mum and Dad Australian investors-everyday people who are investing in shares to secure their long-term financial futures." The article was selective journalism at its best.
Ratio changes in 2016 - you have suggested that G8 are on record as saying those changes will have a minimal impact. The additional costs by way of increased staffing, or loss of revenue by reduction of licensed places will have a significant effect on the profitability of centres. I have already presented the calculations and I don't in any way consider them minimal.
It is vital that people do their own research and get to know the key points/regulations that affect the profitability of childcare centres.
I have in the last six months, had lengthy conversations with representatives from all four corporate childcare organisations regarding investment. Out of the four, only one spoke passionately about the field of early childhood and meeting the needs of children and their families. The same one, was the only one to recognise the importance of organic growth. If you grow organically, everything else will take care of itself. Growth by aggressive accumulation to ensure the green arrows are pointing in the right direction at reporting time is smoke and mirrors. Maybe that's why they need "marketing".
GEM Price at posting:
$3.77 Sentiment: None Disclosure: Not Held
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