New Oriental (EDU): Margin Improved for Two Quarters, But Reached Our Target, Downgrade to Hold
We believe it is positive for EDU to move the focus from the growth to the margin. The operating margin improved YoY for two quarters, therefore...
378 Views
New Oriental (EDU): Growth and Margin Recovered - Positive Signals for Koolearn (1797 HK)
EDU’s stock price is close to our last target USD90 set in January 2019, but we believe there is still an upside of 20% for the end of May...
632 Views
GSX TechEdu IPO: A Bit Too Speculative for Our Liking
GSX Techedu (GSX US) is a Chinese online education company which has filed for an IPO in the US. The expected IPO price range is $9.5-$11.5 per...
696 Views
GSX Techedu IPO: Reasonable Valuation
GSX Techedu (GSX US) is an online education provider in China with expertise in online K-12 courses. It announced its IPO price range of...
695 Views
GSX Techedu (跟谁学) IPO Review - Profitable Online Education Company
GSX Techedu (GSX US) looking to raise up to US$228m in its upcoming IPO. We have previously covered the IPO in: GSX Techedu (跟谁学) IPO Early...
705 Views