ABS a.b.c. learning centres limited

eddy groves on sky news

  1. 1,561 Posts.
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    Eddy has forecast Aust growth at 60% over 3 years and the US operations to be equal to those in Aust by 2010.

    On a current P/E of 24, this stock is cheap if they can deliver. History is on their side having delivered very impressive growth over the last few years. Only issue as I see it is the rollout of a business in the US (overseas) can be troublesome and the pressure that management (over stretched) will be under will also need to be managed.

    All in all, this is still a buy for a long time to come imo
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