CFK is trading at record low it is equivalent to market capital of approximately $17.5M. I just wondering what Macquarie bank next move as I think they still have a substantial holding.
In the most recent update release to the ASX mention the appointment of MS Suzanne Klanke to the board of CFK, she previous work for Macquarie's Child care centre in Australia and New Zealand. The New Zealand operation became the 2nd biggest childcare operator, and was recently sold to ABC learning centres.
The big question is can CFK be turn around, I think they are starting to assemble a board that can make CFK Profitable but it might take time.
Any opinions out there on CFK?
Just my opinion do your own research.
CFK
cfk childcare centres limited
valuation
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