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BRIGHTPATH EARLY LEARNING INC V.BPE

"BrightPath Early Learning Inc is engaged in the operation, acquisition and development of community based early learning and care centres across Canada."


TSXV:BPE - Post by User

Comment by teshon Jan 28, 2014 9:59pm
234 Views
Post# 22145322

RE:back up the truck.......NOT

RE:back up the truck.......NOTI wonder, too, what is his mandate is these days. Fortunately (in my opinion) I don't think the market is doubtful as to BPE's ability to add child spaces (other than the issue with Ont government policies) and we know they have the capital resources to do so without issuing equity. I think what the market wants to see (and what the sp will be most affected by) are the other factors that will accelerate their progress towards the $10 million EBITDA target they have set for 2015 (i.e. increasing occupancy %, increasing centre margin per space, reducing corporate overhead etc). For me that is the progress I am waiting to see. Having said that if they are spending the money on an acquisition sr mgmt. position one can't help but wonder what he is doing these days.
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