About two years ago I was a regular on this forum and there was lively commentry about the SHARES...I must say that the value of this forum today is zero. Reading some of these threads is bordering on the pathetic, like a bunch of teenage brats. My intentions are not to offend the seriuos users... Anybody else share the same sentiment?
May I respectfully suggest that the use the the word "childish" is unhelpful - but that said I would appreciate being able to discuss the actual merits/demerits of shares....at least from time to time? So, for example - as one would have expected- the holders of Curro are going to be waiting even longer than expected for a return on their money - and who knows more capital requested... and one wonders if the now informed (as opposed to the previously hopeful) will punish the share price( not that I have been following it)and create a more realistic buying opportunity....?
To be honest, that change in strategy over such a short period is what scares me(i hold them). Overall the "idea" of the company seems to be a good one & all, but I'm starting to wonder if it's a good share???
The idea that Curro is the next Capitec died cruelly after it was insinuated. I am not sure if the country is big and wealthy enough to support this share and as much as education in the country is below accepted level
As a trustee of a private school I can tell you two things with absolute certainty:1. Parents are prepared to make huge sacrifices to put their children through such schools.There is more demand than supply- certainly for the better schools 2. Schools are "continuums" - established as "mutual societies" - each generation adds to the previous one's contributions - they are fiercely independent ( at least that is the English model) so a profit mentality does sit with difficulty in this environment. Shareholders have to be not seen and not heard....BUT the demand is unquestionably there and will just keep on growing with the new middle class.