KME 5.49% 48.0¢ kip mcgrath education centres limited

profitable + online growth & m/c of $6.5m, page-4

  1. 785 Posts.
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    In terms of CAPEX for the online development, almost all the hard yards have been done.

    Should be pretty much done over the next few months, then with the strong sustainable operating cash flows, and net debt reduced to approx $1m, I reckon a reinstatement of dividends is on the cards

    KME has previously paid good dividends, and I am sure the parties that converted their convertible notes in July (and gave up their 10% interest coupon) would be pretty keen to see some dividends
 
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