Karl Hessian
6.2K posts

Karl Hessian
@KeikoServices
CCSS software provider to #ECEC sector.





@LisaJBryant Affinity manifestly does not have a strong quality focus. To the extent that it focuses on quality, it is about getting "Working" to "Meeting". It does not appear to be focused on investing in "Meeting" services to achieve "Exceeding"; in fact, the evidence suggests the opposite.

@LisaJBryant You might be interested to know that ACECQA publishes previous ratings alongside the current ratings of services. Affinity has 146 services, 93 of which have now been rated twice. Of these 93, 47% maintained the same rating, 32% went up and 20% went down.

If G8 is having such a rough time of it you have to wonder how Affinity is going in PE hands. I'm guessing Not Good. #ozearlyed

Trivia: Vocation and Affinity both listed on the stock exchange on 9 Dec 2013. Neither company will make it much past their 2nd anniversary.

G8's formal takeover offer announcement: asx.com.au/asxpdf/2015070… Affinity's response: asx.com.au/asxpdf/2015070… #ozearlyed $AFJ $GEM

Financial year wrap: Affinity Education share price at 1/7/2014: $1.22; 30/6/2015: $0.81; Return: -34%. Number of services today: 160. $AFJ

Affinity Education: Net assets (31/12/2014) $148m; Market capitalization (2/7/2015) approx $125m. Refer ASIC Info 203