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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹✺🐝🐝🐝 SILVER
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Number: of 22989 
Subject: Re: Unite Group (UTG), UK, falling knife.
Date: 02/24/26 4:16 PM
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Closed at 503p. What a strange day...

My screen says close was 495.40 : )
Lowest close since 2015-02-02, just over 11 years ago.

I guess you have to step way back to get a sense of scale of the situation.

One could possibly sum it up: maybe the UK education market was a little overbuilt and bubbly, and maybe it became a little too dependent on the slightly fickle pipeline of foreign students. Some retrenchment seems in the cards. It might be a bit harder to fill all those seats, and beds, than it was. The entire broad UK "education industry" might have a dip or a long flat spot.

But it's not going away, and retrenchment will be concentrated in the 3rd-tier and 2nd-tier institutions. And any service providers that are over-leveraged. It doesn't seem as if Unite falls much in either of those two categories, and a long flat spot, maybe a dividend cut for a while, is not the same as a wipeout. Especially if that counts as the near-worst-case.

For the greed case, which is always much more fun though less important, if they ever eventually returned to prior highs (just pre pandemic), what's the CAGR from today based on the number of years that takes? Even if it takes 13 years, it's still 8.0%/year compounded price return, PLUS the dividends : )

Jim
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This community has written 606 posts about Non-US Stocks. The article-length ones it recommended most:
Greggs PLC (GRG.L) · 21 recs · 2025
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Unite Group (UTG), UK, falling knife. · 13 recs · 2025
SKAN · 11 recs · 2025
MELI - Brazilian darling · 10 recs · 2025
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