Skip Navigation Links
Update on New Oriental Education (EDU) - 12 Oct 2021
12 Oct 2021 (214 views)  

I analyzed 4 educational technology stocks in China in this post

These stocks dropped by over 80% from its peak earlier this year. The drop was caused by the policy of the China government to control the private tuition business operated by these companies. 

After monitoring the stocks for a while, I decided to invest in New Oriental Education (EDU) for the reasons stated in the post. 

I bought 35,000 shares at an average price of US $2.02.

The stock moved up sharply today. It has now increased a price of $2.30, giving me a gain of US$9,800.

I will keep the stock until it reach a price of $3.

Note - I am sharing my experience in investing in this stock. I am not giving any investment advice to buy this stock at the current price. 

Tan Kin Lian
 


Update on New Oriental Education (EDU) - 12 Oct 2021
[Back] [Print]


I analyzed 4 educational technology stocks in China in this post

These stocks dropped by over 80% from its peak earlier this year. The drop was caused by the policy of the China government to control the private tuition business operated by these companies. 

After monitoring the stocks for a while, I decided to invest in New Oriental Education (EDU) for the reasons stated in the post. 

I bought 35,000 shares at an average price of US $2.02.

The stock moved up sharply today. It has now increased a price of $2.30, giving me a gain of US$9,800.

I will keep the stock until it reach a price of $3.

Note - I am sharing my experience in investing in this stock. I am not giving any investment advice to buy this stock at the current price. 

Tan Kin Lian