ABS a.b.c. learning centres limited

what is there to like

  1. MJS
    2,140 Posts.
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    A bit poor for the company to say the result was in line with guidance. Clearly close to noone believes this. A few states that show how poor the result was:

    * Income increase by 66% yet EBITDA only by 25%;
    * EPS halved;
    * Interest cover looks to be about 2.5 - low;
    * Negative operating cash flow.

    I'm sure there are reasons for all the above, however not hard to see why the market responded so negatively.

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