KME 2.27% 45.0¢ kip mcgrath education centres limited

News: KME Kip Mcgrath Education Centres Chairman Intends To Sell Shares Over Next 4 Years, page-3

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    It probably warrants saying that this only showed any semblance of becoming a decent business in recent years. (And it will take a few more years of consistent performance and growth before it can be considered to be a"great business", I think.)

    For the first decade, almost, of its listed life the company really didn't go anywhere (see graphic below) and, in fact, it survived a few near-death experiences in around 2011 when it struggled to service its debt:

    kme ebit.JPG
 
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