This one is interesting. ESL is a huge industry in China. From what I've gathered over 4 billy. That isn't likely to slow down any time soon. $COE is the only other publicly traded equity in China that I could find (Please let me know if I'm wrong) and that had a similar chart that opened to a downtrend and slowly started growing.
The good new here: Cheap AF, 238% increase in gross billings & 192% increase in student enrollments, doesn't seem to be massively overvalued considering the size of china's ESL market, not a whole lot of competition (correct me if I'm wrong)
the bad: business seemed to be hit hard during the pandemic, revenue, and a lot of other metrics took a hit. Hopefully the next few quarters they will get back on track, and make the investors happy.
Still learning fundamental analysis lol.
What do you think about this stonk?
The good new here: Cheap AF, 238% increase in gross billings & 192% increase in student enrollments, doesn't seem to be massively overvalued considering the size of china's ESL market, not a whole lot of competition (correct me if I'm wrong)
the bad: business seemed to be hit hard during the pandemic, revenue, and a lot of other metrics took a hit. Hopefully the next few quarters they will get back on track, and make the investors happy.
Still learning fundamental analysis lol.
What do you think about this stonk?
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not much is going on here. Still feel it's going to move.
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will we finally move?!
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finally moving and grooving!!