The Company is actually owned by Sunil Raisoni (politically connected) who runs a lot of educational institutes around Nagpur. Major institutes are charitable in nature so they cannot be for profit and any money they make stays within these institutions. So to circumvent this these guys have floated Global where they provide training to staff, imparting soft skills to students and trading in books which again is supplied to these institutes at a huge mark up.
Disc: Not Invested
Have been in this sector n seen these businesses for good 2-3 years. Commodity business without any barrier to entry. Not worth unless there is a differentiating factor. Also please note that education sector has a very very poor history of wealth generation in long run and has been always in lime light with finsncial failures . To name a few educomp, core, treehouse etc who were once darling of bulls though signs of financial mismanagement were always visible. Disc : comments have nothing to do with this stock specific
Hi prasenjit.
Thanks for input on global education.
Company plans to grow at 100 cagr for next few years.what r there plans to acheive this /in what segment they r going to expand.also they were to start their hostel administration buisnessâŚhow long will it take more.and what kind of revenues they r expectingfrom it.what r other growth plans /acquisitions. Do they share Any revenue guidance for coming yrs.
wow ⌠100% CAGR . definitely a bull market nearing its top.
Dnt know its bull market top or not.people r saying from two years that bull market is in its top
Rajeev Anand has resigned.
Why this guy is banned ? I think he saved many people from shady SME / Main board stocks - This thread is just one evidence of it.
You were Top - 10 investor in this company, went & met management but y u didnât ask them about red flags this guy raised below? I am just curious to know.
Any current views on the development of this company ? I fail to understand what is the business moat they have which will give them long term growth ?
Bussiness without entry barriers earning 40-45% ROCE. They build hostels and earn high margins with an eye on market cap. Interesting indeed
Sector: Learning and Education
Global Education Limited
NSE: Global
First understand macro view of education sector (Way forward)
In 2030, it is estimated that Indiaâs higher education will:
= Combine training methods that involve online learning and games, and it is expected to grow by 38% in the next 2-4 years.
= Adopt creative and transformational strategies for higher education. Own a 50% increased Gross Enrolment Ratio (GER).
= State-level, gender-based, and societal disparities in GER should be reduced to 5%.
= Become the worldâs leading supplier of talent, with one in four graduates coming from the Indian higher education system.
= Be among the top five countries in the world in terms of research output with an annual R&D spend of US$ 140 billion.
= Have more than 20 universities ranked among the top 200 in the world.
Education sector has seen a host of reform and improved financial outlays in recent years that could possibly transform the country into a knowledge heaven. With human resource increasingly gaining significance in the overall development of the country, development of education infrastructure is expected to remain the key focus in the current decade. In this scenario, infrastructure investment in the education sector is likely to see a considerable increase in the current decade. Aside from focusing on innovative education methodologies such as E-learning and M-learning, several government programmes are being implemented to encourage the expansion of the remote education business. The Indian government has taken a number of actions, such as creating new IITs and IIMs and providing educational grants for research scholars in most government institutions. Furthermore, the higher education sector in India is poised for significant change and development in the years to come as a result of the growing usage of the online form of education by serval institutions.
I see good numbers coming out in all parameters. like balance sheet, P/L statements, ratios, cashflowsâŚmoreover I see strong team. not sure why this wasnât catching eyes. Below is the website and their team.
Any inputs would be appriciated.
Interesting, it makes sense now. High margins, high ROCE.
But why go public? They could have done this without going public.
