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MindChamps Preschool Limited
Results
MindChamps posts 74% drop in 2Q earnings to $0.3 mil on higher cost of sales, expenses
SINGAPORE (Aug 7): MindChamps PreSchool recorded earnings of $0.32 million for 2Q19, 74% lower than $1.26 million in 2Q18.
August 07, 2019
Broker's Calls
Time to 'buy' MindChamps as growth initiatives bear fruit: RHB
SINGAPORE (May 27): RHB Research continues to keep MindChamps Preschool at “buy” at a lower target price of 83 cents compared to 87 cents previously, indicating a 26% upside plus 2.2% yield.
May 27, 2019
Results
MindChamps 1Q earnings grow 23% to $0.4 mil on the back of overseas expansion
SINGAPORE (May 14): MindChamps Preschool Limited announced earnings of $0.4 million for 1Q19, rising 23% from $0.3 million a year ago on higher revenue.
May 14, 2019
M&A
MindChamps acquires 8 more Sydney preschool centres for $39.3 mil
SINGAPORE (Apr 8): MindChamps Preschool Limited is acquiring eight more early learning centres in Sydney, Australia, for a total of A$40.84 million ($39.3 million) from Malek Family Pte Ltd and Malek Group Investments Pty Ltd.
April 08, 2019
M&A
MindChamps acquires Punggol Northshore centre for $3.8 mil
SINGAPORE (Mar 22): MindChamps PreSchool’s Singapore subsidiary is fully acquiring MindChamps PreSchool @ Punggol Northshore from the centre’s owner, known as Chen Han, for a total consideration of $3.79 million.
March 22, 2019
M&A
MindChamps acquires Punggol Northshore centre for $3.8 mil
SINGAPORE (Mar 22): MindChamps PreSchool’s Singapore subsidiary is fully acquiring MindChamps PreSchool @ Punggol Northshore from the centre’s owner, known as Chen Han, for a total consideration of $3.79 million.
March 22, 2019
In print this week
Stocking up on the future
SINGAPORE (Feb 4): The advent of another new year has us thinking about the future — specifically the future economy. From preschoolers to mid-career executives, corporate bosses to top civil servants, just about everybody is busy preparing for the disr
February 06, 2019
In print this week
Bringing home the bacon
SINGAPORE (Feb 1): The Edge Singapore has assembled the annual portfolio of 10 stocks, done in conjunction with the Lunar New Year.
February 01, 2019
Broker's Calls
RHB maintains MindChamps at 'buy' as it positions for future growth
SINGAPORE (Nov 12): MindChamps on Thursday announced 3Q18 earnings increased by 13% to $1.12 million, compared to $0.99 million in 3Q17, bringing 9M18 earnings to 2.72 million, 15% higher than the year before.
November 12, 2018
Broker's Calls
Continued overseas expansion to fuel a stronger 2H for MindChamps: RHB
SINGAPORE (Oct 17): RHB Research is maintaining its “buy” call on MindChamps Preschool with an unchanged target price of 94 cents based on a blended valuation methodology comprising a target EV/EBITDA of 18 times, in line with the peer average, and DC
October 17, 2018