A director at G8 Education Limited maiden bought 37,750 shares at 1.320AUD and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ...
G8 EDUCATION (AU), a company active in the Personal Products & Services industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date February 18, 2022, the clos...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The ASX 200 gained 3.3% and outperformed global markets again. IT (11.0%), Communication Services (9.6%), Healthcare (8.9%) and Consumer Staples (8.2%) were the best-performing sectors. The biggest hurdle for investors in Australia is valuation. The combination of falling downgrades and upgrades more in line with long-term averages means that earnings certainty is back to around normal levels for the ASX200 universe. The RBA laid out its plans for providing additional monetary support sho...
Growth stocks have again out-performed Value since the start of the year supported by declining bond yields and solid EPS growth. In this note, we cast our eye over a selection of 55 Growth stocks constrained by a 12-month forward PE multiple of 18 and long-term consensus EPS growth of 7.5%. We then compare each stock using their cash conversion, asset turnover, reinvestment rate, net debt, EBITDA margin and Good Will. Within the group of stocks with a high PE and strong ea...
A Labor victory in the forthcoming federal election would be positive for the childcare sector but a Coalition victory wouldn’t be disastrous by any means. Both parties have consistently argued for increasing government childcare spending and we expect this to continue for the foreseeable future. However, Labor’s current proposals are particularly generous, including higher wages for childcare workers, an increase in pre-school education funding, and an increase in the childcare subsidy, or ...
A Labor victory in the forthcoming federal election would be positive for the childcare sector but a Coalition victory wouldn’t be disastrous by any means. Both parties have consistently argued for increasing government childcare spending and we expect this to continue for the foreseeable future. However, Labor’s current proposals are particularly generous, including higher wages for childcare workers, an increase in pre-school education funding, and an increase in the childcare subsidy, or ...
A Labor victory in the forthcoming federal election would be positive for the childcare sector but a Coalition victory wouldn’t be disastrous by any means. Both parties have consistently argued for increasing government childcare spending and we expect this to continue for the foreseeable future. However, Labor’s current proposals are particularly generous, including higher wages for childcare workers, an increase in pre-school education funding, and an increase in the childcare subsidy, or ...
A Labor victory in the forthcoming federal election would be positive for the childcare sector but a Coalition victory wouldn’t be disastrous by any means. Both parties have consistently argued for increasing government childcare spending and we expect this to continue for the foreseeable future. However, Labor’s current proposals are particularly generous, including higher wages for childcare workers, an increase in pre-school education funding, and an increase in the childcare subsidy, or ...
The market appears to have ignored the reiteration of earnings guidance by G8 Education last week, with the shares increasingly undervalued since the 2018 financial result in February. G8’s share price almost doubled from its lows last October as the introduction of the child care subsidy, or CCS, drove a turnaround in occupancy rates. However, it’s possible that much of the rally was due to the reduction in the previously large short-selling position in the stock, from 11% to 3% of shares o...
The market appears to have ignored the reiteration of earnings guidance by G8 Education last week, with the shares increasingly undervalued since the 2018 financial result in February. G8’s share price almost doubled from its lows last October as the introduction of the child care subsidy, or CCS, drove a turnaround in occupancy rates. However, it’s possible that much of the rally was due to the reduction in the previously large short-selling position in the stock, from 11% to 3% of shares o...
The market appears to have ignored the reiteration of earnings guidance by G8 Education last week, with the shares increasingly undervalued since the 2018 financial result in February. G8’s share price almost doubled from its lows last October as the introduction of the child care subsidy, or CCS, drove a turnaround in occupancy rates. However, it’s possible that much of the rally was due to the reduction in the previously large short-selling position in the stock, from 11% to 3% of shares o...
The market appears to have ignored the reiteration of earnings guidance by G8 Education last week, with the shares increasingly undervalued since the 2018 financial result in February. G8’s share price almost doubled from its lows last October as the introduction of the child care subsidy, or CCS, drove a turnaround in occupancy rates. However, it’s possible that much of the rally was due to the reduction in the previously large short-selling position in the stock, from 11% to 3% of shares o...
The key takeaway from G8 Education’s 2018 financial result was that its occupancy rate is continuing to improve as the industrywide oversupply of child care centres abates. However, improvement is tracking in line with our expectations and the 2018 EBIT of AUD 136 million was broadly in line with our forecast. We were surprised the share price fell by 11%, considering the result provided further evidence of an improving outlook. We expect share price weakness was caused by the relatively weak ...
We expect G8 Education to benefit from long-term demand tailwinds in the Australian childcare centre sector, including a growing population of zero- to 5-year-olds, an increasing proportion of children using childcare, an increasing female workforce participation rate, increasing time spent by children in care each day, and increasing childcare fees. Although G8 has mainly grown via acquisitions over the past decade, we expect growth over the next decade to be predominantly organic, and we forec...
Child care stocks have performed well in recent months, but the February 2019 reporting season needs to provide further evidence of improvement in child care centre occupancy rates to support higher share prices. The share price rally that began last November was triggered by evidence that the oversupply of child care centres was finally abating and being offset by increased demand due to the introduction of the Child Care Subsidy, or CCS, in July last year. This turnaround is in line with our i...
Child care stocks have performed well in recent months, but the February 2019 reporting season needs to provide further evidence of improvement in child care centre occupancy rates to support higher share prices. The share price rally that began last November was triggered by evidence that the oversupply of child care centres was finally abating and being offset by increased demand due to the introduction of the Child Care Subsidy, or CCS, in July last year. This turnaround is in line with our i...
Child care stocks have performed well in recent months, but the February 2019 reporting season needs to provide further evidence of improvement in child care centre occupancy rates to support higher share prices. The share price rally that began last November was triggered by evidence that the oversupply of child care centres was finally abating and being offset by increased demand due to the introduction of the Child Care Subsidy, or CCS, in July last year. This turnaround is in line with our i...
Child care stocks have performed well in recent months, but the February 2019 reporting season needs to provide further evidence of improvement in child care centre occupancy rates to support higher share prices. The share price rally that began last November was triggered by evidence that the oversupply of child care centres was finally abating and being offset by increased demand due to the introduction of the Child Care Subsidy, or CCS, in July last year. This turnaround is in line with our i...
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