2 Tempting Micro-caps That I Think Are Undervalued
One offers steady growth at a discount, while the other offers hope of a turnaround — and heavy insider buying.
Academies Australasia Group (ASX: AKG)
The corporate entity that is now Academies Australasia Group Limited (ASX: AKG) was established on 8 May 1908 (under a different name). It was floated on the Australian Securities Exchange on 1 June 1977.
Academies Australasia operates a range of business-focused colleges and brands. Its flagship institutions, the Academies Australasia Institute and Academies Australasia Polytechnic (AAPoly), deliver diplomas and degrees in fields such as accounting and business management. The group also includes specialized providers like Spectra Training Australia, which focuses on workplace training across multiple industries. In addition, colleges such as Clarendon Business College and Supreme Business College partner with universities to offer business degree programs.
Academies Australasia can be impacted by regulatory risks such as changes to how the government reimburses education providers and also visa pathways for international students.