KME 4.00% 52.0¢ kip mcgrath education centres limited

Ann: Appendix 4E and 30 June 2017 Annual Report, page-19

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  1. 705 Posts.
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    It is easy to see great investments in hindsight. I am not sure when you got your MND but I certainly remember getting mine. I accumulated my position at about $6.50 and saw it drop over the next 3 months to a trough of about $5.50. At the time even seasoned investors were talking about the further contraction of the sector and there were very few people seeing any green shoots of a recovery. It certainly wasn't a sleep-easy investment at the time although it seems a no-brainer right now. This on the other hand requires about 30 minutes of your time to see the investment case and certainly doesn't require a second thought for the next 6 months or so- so yes I think in terms of low nature of risk and relative ease of identification of the investment case a better opportunity (in my opinion, and obviously better the lower the price).
 
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