China Online Education Group ADR (COE) Social Stream
Featured Post From StockTwits About COE
$COE best beaten down education stock extremely low floater with $16 per share in net cash (USD)of outstanding shares, over $85.00 per share in cash (USD)of the tiny 3 million share floatDiamond_Trades, published August 15, 2021
-$400 million (USD) yearly revenues and growing
-Positive earnings and cash flow positive
-Greater then 95% of business is not effected by new rules. Easy switch to English Teachers that reside in China
-Still have a $20 million (USD) authorized buyback in effect. Management owns majority of stock
-Needham analyst put a buy rating on the stock with a $32 price target on it a few days ago
-Float likely to be around 500k shares and a much higher stock price than where it is now after buyback is completed.Highly undervalued will squeeze much higher
-As of March 31, 2021, the Company had total cash, cash equivalents, time deposits, short-term investments of RMB1,730.3 million (US$264.1 million)
-Net revenues for the first quarter of 2021 were RMB600.4 million (US$91.6 million), a 23.3% increase
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