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New Oriental Education & Technology Group Inc. (EDU)
NYSE - Nasdaq Real-time price. Currency in USD
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As of 11:24AM EST. Market open.
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This post is so dead, let heats it up a bit. Who thinks $EDU is going to close above $2.10 today? It seems like those who strangle this stock plays the $2 -$2.50 price range. If $EDU can break out of $2.50, I think news should follow regarding loosen up on education regulation and clearer policy/fee going forward.
Does anyone has any link to locally sources in China regarding news on $EDU?
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On 24 November 2021, the Company further repurchased the Bonds, and as of 24 November 2021, the total repurchased principal amount is in the aggregate of US$91,500,000 (the “Repurchased Bonds”), representing approximately 30.5% of the initial principal amount of the Bonds.
I think that with all the risks associated with this stock don't be surprised if it is back well below 2 before it settles. It cannot move up until 2 thing: a solid quarter or two and some clarity from regulators.
Buy and hold for long !
if all of us is able just to buy and keep holding long this is gonna be a sound investment the company is very well managed financially still very strong and is coming up with good alternatives to keep generating revenues and become stronger in the years to come..
21. January options:)
$EDU has started to offer Mandarin courses in the US. It's an exploration of BlingABC's transformation, a subsidiary of New Oriental and the company will focus on teaching Mandarin online.
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Yesterday’s business update said k-9 was only 50-60% of their revenue. So they still have 40-50% of a business making money. So what is 40% of the 52 week high= is about an 8 dollar stock. Half of that, cause it doesn’t deserve the high and cause China, still possible 4 bucks. That’s quite an upside.
Do not sell this will fly soon
EDU reports that K-9 AST revenues accounted for 50-60% of their total revenues in the past. And so, losing this revenue does not justify the current 90% stock price reduction. This should be an $8 stock. Am I missing anything?
$GOTU #EDU #TAL #BABA #BZUN
China's securities watchdog CSRC says reports on China's possible bans on overseas listing through VIE are NOT TRUE.
#Alibaba $BABA #Baidu $BIDU #Tencent $TCEHY #Didi $DIDI #China
Didi reportedly told to delist from NYSE by Chinese regulators....who's next?
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The earnings report will come up in a few days. What do you expect and how are you positioning yourself?
Mon, November 15, 2021, 3:30 AM
BEIJING, Nov. 14, 2021 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today provided business updates following the recent regulatory developments...
...In the fiscal years ended May 31, 2020 and 2021, the revenues from offering K-9 Academic AST Services accounted for approximately 50% to 60% of the Company's total revenues for each fiscal year.
TAL up big breaking 1 month highs. something's cooking
This has the potential to double overnight. China is NOT going to suppress business or the economy.
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