ABS a.b.c. learning centres limited

Oh yes that's right if there's no decent profit margin in one...

  1. 1,098 Posts.
    Oh yes that's right if there's no decent profit margin in one child care centre open another one using the same model. Yep that will fix the problem.

    What about ROA I hear you ask. Nah that doesn't matter - Lois says so. You make the land yourself with your God like powers, you don't have to acquire it.

    Doh!

    I will give you a clue Lois. At a SP of $8 an acceptable dividend could not be supported. There is not enough profit in the business no matter how many centres you add. The ROA was less than fixed deposit interest. Your superficial analysis of one period results doesn't show much insight.

    Stop making a goose of yourself.
 
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