You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:
Business Description: G8 Education Limited (GEM) is a childcare center operator providing developmental and educational child care services mainly in Australia. GEM conducts a range of child care service activities, including: the acquisition of child care centres, the management of child care centres, industry-related project management, services and consultancy. GEM also operates child care centres, both owned and franchised, in Singapore.
Strategy Analysis: G8 currently holds a portfolio of premier childcare brands and chooses to navigate this quality tilt through its corporate architecture as the company continues to stress the tremendous importance of outstanding childcare. This strategic positioning of its product, disseminating quality and safety allows the G8 to command relatively high margins. In addition to this, a wide distribution spanning Australia and Singapore gives the company leverage to capitalise on demographical changes. Growth will stem from both potential acquisition opportunities and through more organic means.
G8 Education reported NPAT up 11% to $19.21m for the year ended 31 December 2012. Revenues from ordinary activities were $179.99m, up 26% from last year. Diluted EPS was 8.94 cents compared to 9.27 cents last year. Net operating cash flow was $19.95m compared to $11.76m last year. The final dividend declared was 2 cents, taking the full year dividend to 6 cents compared with 4 cents last year.
By Betty Lam (Sales Trader, CMC Markets) 18/12/2014 |
Lead by the Fed-fervour offshore, Australians shares jumped on the Yellen cheer wagon. The material and energy stocks were back in vogue as both sectors gained over 3% in morning trade.
By Michael McCarthy (chief market strategist, CMC Markets) 18/12/2014 |
In spite of a frenzied pre-mortem, a benign statement from the US Federal Reserve‚Äôs Open Market Committee and steadying commodity markets drove investors back into share markets overnight. A calmer, stronger ruble helped offset European growth fears, highlighted in the overnight session by further declines in inflation.
By Betty Lam (Sales Trader, CMC Markets) 11/12/2014 |
Offshore jitters sent ripples through to Australian stocks. The open saw the local equities take 65 points off the index, catalysed by a mass-exit in energy stocks, yet again.
By Ric Spooner (Chief Market Analyst, CMC Markets) 10/12/2014 |
Yesterday‚Äôs news on Greek politics and China‚Äôs bond market came at a time when US and European stock markets have extended rallies and pushed valuations higher. This makes those markets vulnerable to downward corrections as profit takers act to avoid missing out.
BR Securities Australia Pty Ltd 2/12/2014 |
December 2014 could go down as a nasty moment in Australian finance. MYEFO will reveal a deteriorating budget deficit and the UNFCCC meeting in Lima, Peru will provide the agreement, to be ratified in Paris in 2015, on how much (or little) CO2 is to be allowed into the atmosphere from 2020.
IMPORTANT: This information has been prepared without taking into account your objectives, financial situation or needs and you should consider if the information is appropriate for you before making an investment decision. Neither InvestSMART Financial Services Pty Ltd nor any of its Related Companies make any recommendations as to the merits of any investment opportunity referred to in its emails or its related websites. Product disclosure statements for financial products offered through InvestSMART can be downloaded from this website or obtained by contacting 1300 880 160. You should consider the product disclosure statement before making a decision about the product. All indications of performance returns are historical and can not be relied upon as an indicator for future performance.