RE:RE:RE:ResultsI was wrong on9/10 year it is 6/7 years old company. Let us say it is not acquiring/opening more centres and there are no one time charges.
Oil is stuck at $50 for foeseable future and occupancy at AB centres is not going to increase, more likely decrease.
The most cost of running daycare is caregiving staff and lease. More centres spread over large area don't results in any saving. I analyzed the daycare staff per child in BPE is more than Peacaboo and BPE has to spend more to bring it to their level and may not get same EBIDA as Peakaboo was getting.
At this time Vision Capital is buying at 0.45. BPE has not bought any share higher than 0.33. One reason for buying to me is that the stock may hit its book valve which is around 80 cents and if there is no recession, stock price may be 80 cent in 2 years which is a decent return. Any bad quarter and we may be back to mid 0.30's