When centres change hands there will always be a number of families who take that opportunity to leave and enrol in other early educational facilities.
Some of the recent purchases by Think are delivering excellent occupancy levels, but those levels won't affect reporting until next year.
I just checked out two of their centres, one has vacancies in their 5 year old room and only on two days, other age groups are full. The other centre has no vacancies at all in any age group on any day.
Their occupancy levels and the transparency of their reporting,compared to those of the other two larger corporates IMO are fairly pleasing.
TNK Price at posting:
97.0¢ Sentiment: Buy Disclosure: Not Held