per share. They are expecting to make around 96-97 million alone in this quarter and they will earn over 1.25 a share. this will put them over 15.00 in a few months easy. This was hit hard over a sticker problem that wasnt even a problem. This is the deal of a deal in this market and getting anything under 10.00 is pure stealing. the sticker only attributed to one of the products and it was not even a recall. It was a labeling issue. Didnt affect bottom line at all and this was was oversold. Look for neds future guidance to be much higher as kids are needing more and more tutoring and products. ned has both. its in the right business at the right time as kids in china are by the millions and education is the biggest thing there. way underpriced under 10.00 mark this post. this will be over 10.00 by the 21st.
Chinese stocks have been beaten down however the Chinese economy is the powerhouse of the world and the best growth economy in the world. Here is a good article
This stock will blast off by year end 2008.
in their latest earnings, they gave out projections of 96-98 million for the upcoming quarter. if they meet this, better yet, exceed this, ned will open over 10.00 and make that run to the mid 15-20 level in time. this company has just started its growth trend and with well over 200 million children from the ages of 5-20, were talking a billion dollar company easy in 3-4 years. with the new calculater dld roll outs and new school for tutoring opening up, they will be increasing revenues and net profits by over 40-60% quaRTER OVER QUARTER, YEAR OVER YEAR. This is a mighty bargain, especially for a chinese company that isn't on the radar yet. on the 19th, the world will find out just a little bit more about Ned and the products they have to offer. shares will not stay down at these levels for long. which is why you are seeing them get gobbled up at the open and close. its being accumulated slowly but when the time gets closer, volume is going to surge and this will be back in the 10-15 range where it belongs
this stock is gret and it should be above 20, the market is the reason.
regarding revenue next q it is not 96 m
they are expecting 96 for all the year with opertaing margin of 18% as last q
the will make 0.80 cent which great
edu make 0.05 cent last q and they are saying that this is the best q
i don't know why edy trading at 58 and ned at 6
check sec filling anf you will se whi is buying in the last months
I'll parade my ignorance a bit - Why are shares gobbled up at open and close? When I left work, we were up .06, but when I got home, we were up .22.
Youre commentary on the sticker issue is exactly what a lot of people did not understand.
You put the facts all together on why one should own this stock.
I have seen some of the links for their products and they really look cool.
This is one case where mass hysteria and shorts came together to make a great opp.