MindChamps PreSchool Limited – From The Eyes of News Media

Continued from the earlier post – MindChamps PreSchool IPO – The Largest Operator and Franchisor of Premium Range PreSchool Centres In Singapore

 

The self introduction of MindChamps PreSchool Limited

To recap the key points in earlier post using layman’s terms….

 

MindChamps PreSchool:

  • “We are ‘The Largest Operator and Franchisor of Premium Range PreSchool Centres In Singapore” because Converging Knowledge, who is a Independent Market Research Consultant, said so.

 

Converging Knowledge:

  • On Premium: “We use $1700/month as benchmark. Irregardless of the actual amount charged eventually, as long as the PreSchool Centres declare charging each student S$1,700 or more (before applying any discounts) per month, they are ‘Premium PreSchool Centres’.”
  • On The Largest (market share): “We count the number of PreSchool Centre Outlets (and not sales of the centres). Since MindChamps has 35 centres operating currently out of 91 PreSchool Centre Outlets who charge more than $1700 according to the data we gathered, and 35 ÷ 91 = 38.5%, MindChamps has market share of 38.5%, and hence the largest.”

 

 

 

How our news media describes MindChamps PreSchool Limited –

The Business Times

Implicitly acknowledged MindChamps Preschool as “Singapore’s largest provider of premium preschools by market share”.

In the subsequent paragraph, it included the 1 centre undergoing renovation work to the contribution of market share by mentioning “In Singapore, it has 36 centres, giving it a 38.5 per cent share of premium-range preschools.”

(http://www.businesstimes.com.sg/companies-markets/mindchamps-registers-ipo-at-s083-per-share-to-value-company-at-s200m)

Media report on MindChamps PreSchools IPO - TheBusinessTimes
Media report on MindChamps PreSchools IPO – TheBusinessTimes

 

 

The Straits Times:

Similar implicit acknowledgement as The Business Times –  MindChamps Preschool, “Singapore’s biggest provider of premium pre-schools by market share”.

In the subsequent paragraph, it mentioned “In Singapore, MindChamps has a 38.5 per cent share of premium-range pre-schools… “, without mentioning ’36’.

(http://www.straitstimes.com/business/companies-markets/mindchamps-prices-ipo-at-83-cents-apiece)

Media report on MindChamps PreSchools IPO - TheStraitsTimes
Media report on MindChamps PreSchools IPO – TheStraitsTimes

 

 

TodayOnline:

Implicitly acknowledged “MindChamps – the largest pre-school operator in the Republic by market share.”...

… but labelled the “premium” as citation in the subsequent paragraph –  “Last month, MindChamps, which provides “premium academic and enrichment programmes”, signed agreements with investment firms….” 

(http://www.todayonline.com/singapore/mindchamps-becomes-first-pre-school-operator-here-launch-ipo)

Media report on MindChamps PreSchools IPO - TodayOnline
Media report on MindChamps PreSchools IPO – TodayOnline

 

 

TheEdgeSingapore

Opposite to TodayOnline, TheEdge implicitly acknowledging “premium-range preschool centres in Singapore”… 

… but drop the point on “largest market share”. 

(https://www.theedgesingapore.com/mindchamps-registers-ipo-prospectus-83-cents-share-commence-trading-nov-24)

Media report on MindChamps PreSchools IPO - TheEdgeSingapore
Media report on MindChamps PreSchools IPO – TheEdgeSingapore

 

 

The Motley Fool:

Don’t ask. You SHOULD KNOW that it is “Singapore’s largest operator and franchisor of premium preschool centres….”

(https://www.fool.sg/2017/11/20/mindchamps-preschool-limited-kicks-off-its-ipo-here-are-8-key-things-investors-should-know/)

Media report on MindChamps PreSchools IPO - MotleyFool
Media report on MindChamps PreSchools IPO – MotleyFool

 

 

Sharesinv.com

Lifting it even beyond the level of “premium range”! It is already Singapore’s largest preschool operator” !!! 🤭

(http://aspire.sharesinv.com/51848/is-mindchamps-preschool-ipo-worth-looking-at/)

 

Media report on MindChamps PreSchools IPO - SharesInv.Com
Media report on MindChamps PreSchools IPO – SharesInv.Com

 

 

DealStreetAsia:

“MindChamps PreSchool Limited, which claims to be the largest.. “ ✅✅

(https://www.dealstreetasia.com/stories/singapore-mindchamps-ipo-targets-18-6m-international-expansion-86741/)

Media report on MindChamps PreSchools IPO - DealStreetsAsia
Media report on MindChamps PreSchools IPO – DealStreetsAsia

 

ChannelNewsAsia:

MindChamps is “Local operator and franchisor of pre-school centres”.

In the subsequent paragraph, it mentioned the company is said to be the largest…..” and cited the research report and the definition accordingly.   ✅ ✅ ✅

(http://www.channelnewsasia.com/news/business/singapore-pre-school-operator-mindchamps-launches-ipo-9415230)

Media report on MindChamps PreSchools IPO - CNA
Media report on MindChamps PreSchools IPO – CNA

 

 

 

MindChamps – The Champions’ Mind

 

A screen grab from MindChamps website (https://www.mindchamps.org/)

MindChamps Voted No.1 ?
MindChamps Voted No.1 ?

SGX Observer tried but couldn’t find any information on which / where /when /what is the vote that MindChamps was given the title of ‘No. 1 Choice By Singapore Parents For 3 Years Consecutively.”

SGX Observer simply do not have the mind of champion maybe.

 

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