GEM – UBS rates the stock as Buy

Given the government’s proposed boost to childcare subsidies and winding back of cap rate restrictions will have to get through the Senate, the broker is not making any forecast changes just yet. But the new subsidy schedule should boost child care occupancy levels, and thus provide a boost for G8 earnings, the broker notes.

Read More

G8 Education Lifts Dividend

And contrasting with Vocation’s self-inflicted woes, was the much awaited trading update from childcare operator (the other end of the education chain from Vocation, if you think about it) G8 Education (GEM) which told the ASX yesterday it will increase the quarterly dividend to be paid in January of next year and has told investors audited earnings for the financial year to 31 December are expected to exceed the average broker forecasts.

Read More