Thake note, Albert.
February, 2007.
ABS announce 62% profit increase and ClarkKent warns.
You cant buy experience, Albert.
No but you can parrot w_buffet. Lol!!
Good call w_buffet. Right on the money.
Anyone can set up a childcare centre the barrier is not high. But few in their right mind want to. Childcare can't generate sufficient cash. Little improvement can be made by innovation, providing unique skills or experience or synergies. In other words there is no real organic growth.
ABS
a.b.c. learning centres limited
abc learning interim net profit up 62 percent, page-49
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