Navitas goes it alone
The education company has spurned its takeover bidder. But it's hard to rely on management profit forecasts produced for just such a scenario.
Clever bid tactics to snare Navitas
A private equity-led consortium has bid $5.50 a share for education provider Navitas. The involvement of the company's former managing director means the bid is likely to succeed.
Navitas: Result 2018
Navitas's result was acceptable, as were the latest enrolment figures. But is the 21% cut to the dividend a sign of management conservatism or bad news to come?
Growth and Income portfolios sell
The Intelligent Investor Equity Growth and Equity Income portfolios have sold one of their holdings.
Dropping out of Navitas
A review of the investment case means we're unlikely to achieve the returns originally expected from Navitas. We're moving onto greener pastures.
Navitas under review
We're placing our recommendation under review while we incorporate today's information into our analysis.
Navitas price guide lowered
Weaker enrolment growth prospects have forced a reassessment of potential profit upside over the next 18 months. We're reducing our price guide.
Navitas's enrolment growth eases
Slightly lower than expected enrolment growth in the University Partnerships division is noteworthy but no reason to panic.
Navitas: Interim result 2018
Navitas's underlying net profit fell 20% as headwinds from lost contracts continued. But the market's taking it in stride.
Navitas's homeground advantage
For all Navitas's problems in recent years, the story is intact. Students want to study in Australia - and they're enrolling in droves.
Navitas: Result 2017
This result was uninspiring, but Navitas's business model looks secure and the stock is reasonable value once again.
Student boost for Navitas
Several pieces of good news for Navitas have helped lift the stock. We're downgrading the recommendation a notch.
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Navitas's target practice
Recent Australian enrolment figures suggest Navitas's targets for 2020 - outlined at its Investor Day - might be conservative.
Navitas loses contract
This education business has lost some contracts to provide English language tuition for migrants.
Navitas: Interim result 2017
Legacy issues dogged university college operator Navitas in the first half but, never fear, growth should return in 2018.
Navitas: 2016 result
Navitas's flat profit was good in the circumstances, and the longer term outlook is a little more secure.
Who's dux of the education sector?
The 2014 boom in education sector listings on the ASX quickly came unstuck. Now the cream is rising to the top.
Navitas's school of hard knocks
Navitas's close relationship with universities has protected it from the wider education sector's problems. But disappointments might not be far away.
Navitas's school of hard knocks
Navitas's close relationship with universities has protected it from the wider education sector's problems. But disappointments might not be far away.
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