SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Marcellus who wrote (42626)5/13/2011 8:21:30 PM
From: Calvin_2011  Read Replies (1) of 78725
 
Mark Re: For profit education

I just read Strayer's 2010 annual report. I am very impressed. The management seems candid,consistent and shareholder friendly. For example, the report lay out clearly the operating cash flow, the capital expenditure (both the portion spent on replacing cost and the portion spent on growth) and how the company returned the remaining free cash to shareholder through dividends and share repurchase. I rarely see any company that spell out how it manages retained earnings in such a clean cut way.

And just like you said, the report also does a great job in explaining the new Education Department rules in a chronological order and presents a good case or review of its basic business model assumptions and its long term strategy. This is very helpful.

Thanks,

Calvin
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext