In the space of one earnings announcement whatever shreds of credibility which Eddie Groves and ABC Learning Centres once had was stripped away and laid bare, writes Adam Schwab.
ABC Learning
Austock the latest investment house to be shunned
While much speculation has surrounded the future of Tricom, the listed Austock, another mid-tier local investment house, has been shunned by investors, writes
Tips and rumours
Look who’s hanging out in Hollywood?! ABC Learning Centres boss Eddy Groves is pictured in the background of this paparazzi shot in LA. Check page 14 of this month’s AFR Smart Investor. Yes, they recommended Centro Retail Trust! In Smart Investor Jan 2008 under the title of “Holding all the aces”, it compares various funds […]
Tough times for ABC Learning
Eddie Groves’ ABC Learning Centres has had a torrid time of late, with its shares closing at $5.51 yesterday - down from $8.50 in January, writes Adam Schwab.
Timbercorp’s connection to Austock and ABC Learning
On Tuesday, Crikey investigated the close links between brokerage house, Austock, and major client ABC Learning Centres. It is worth nothing that ABC isn’t the only client with extremely close ties to the broker. Timbercorp, the listed agribusiness investment manager is also closely intertwined with Austock, writes Adam Schwab.
