ABS a.b.c. learning centres limited

still looks like it has downside to test but this one is firmly...

  1. 662 Posts.
    still looks like it has downside to test but this one is firmly on my watchlist now...

    im not saying there is not a lot more downside to come but childcare is one helluva tangible business and abs have shown their ability to sell off part of their chain to cover a crisis.

    jp morgan would not have bailed them out because they are kind hearted. whereas it wouldnt surprise me to see something like AFG disappear from our boards i would be amazed if ABS is not around for years to come and therefore will be watching this very closely for signs of a bargain entry.

    that could be sub 50cps however.
 
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Currently unlisted public company.

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