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New Oriental Education & Technology Group Inc. Message Board

  • trinikajo trinikajo Nov 22, 2011 3:19 PM Flag

    I wonder if the GEDU has any impact on this move up today...

    Either way I hope some of these gains hold until the long weekend is over.It's a nice move back up if it holds.

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    • This stock usually moves in one direction consistently up or down for a period of time. It would seem that we shook off the malaise of the OLP Global rumors. This stock is now being moved by the fund managers back up to their comfort level. This is a well run, well financed company with great numbers.

      next run up I may have to short it on the way kidding.

      • 1 Reply to gashmr
      • Did you see the GEDU deal from yesterday? Interesting because it shows that Education in China ( especially the english courses) are getting in demand.

        I posted thia yesterday:

        <Pearson, though, seems to be getting a good deal at a net cost of about $155 million for a company that trains Chinese students to speak English. Even after today's stock move, Global Education trades at less than a 10th of the market cap of New Oriental Education (NYSE: EDU ) , but analysts expect it to grow earnings by 38% next year compared to under 30% for its rival.********** However, long term, Wall Street is looking for New Oriental to churn out profits at a 30% clip annually, while only expecting Global to do so at about half that rate*****>

        How big is this going to be for EDU down the road!!

23.88+0.04(+0.17%)Apr 17 4:01 PMEDT