ABS a.b.c. learning centres limited

should be a survivor

  1. 662 Posts.
    still looks like it has downside to test but this one is firmly on my watchlist now...

    im not saying there is not a lot more downside to come but childcare is one helluva tangible business and abs have shown their ability to sell off part of their chain to cover a crisis.

    jp morgan would not have bailed them out because they are kind hearted. whereas it wouldnt surprise me to see something like AFG disappear from our boards i would be amazed if ABS is not around for years to come and therefore will be watching this very closely for signs of a bargain entry.

    that could be sub 50cps however.
 
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Currently unlisted public company.

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