KME 0.00% 44.0¢ kip mcgrath education centres limited

Ann: Appendix 4E and 30 June 2018 Annual Report to shareholders, page-7

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  1. WHY
    793 Posts.
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    Thanks. yes how they exceeded guidance this much in such short gap of time is top of my list to ask them.

    I would not think too much into the GM% movement, the growth in GM$ is more important for me as it represents the true top line growth momentum. the % movement is a result of more revenue model / recognition from Gold partners than traditional model.

    With the building cash, they do aim at growing div$ (understandably so looking at who is receiving how much of it), and they will invest further in buying back more area development rights I think.

    flat online weekly lesson from Dec update is more a disappointment to me than anything else.

    Still a few questions to ask them.
    Last edited by WHY: 20/08/18
 
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