Shares & Derivatives
Can MindChamps Preschool Ltd be The Next Growth Champion?
By Value Invest Asia  •  May 15, 2020
Singapore parents place great emphasis on their children’s education. Besides the official curriculum in school, there is a thriving tuition industry in Singapore that is worth $1.4 billion. Premium preschool is also gaining traction as parents strive to gain their kids a head start before entering primary school. Preschool class that costs upwards of $1,500 monthly is not unheard of. MindChamps Preschool Ltd (SGX: CNE) is a major private premium preschool operator in Singapore. In this article, let’s take a closer look at its operations, global footprint, and earnings. Business Overview  MindChamps started as an educational research centre in Sydney in 1998. It nurtures young children with a unique curriculum focusing on ‘Learning How-to-learn’ and ‘Champion Mindset’ co-developed with world-renowned neuroscientist, Professor Allan Snyder. The group went public in 2017 by raising $49.2 million of IPO proceeds used for expansion and acquisition. The company holds a 38.5% market share among the private premium preschools in  Singapore,...
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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