EDU - 7,38% = 73,25$

New Oriental Education & Technology Group (EDU) Corporate Event Announcement Notice

                    §
Dec 17, 2007 New Oriental Education & Technology Group (EDU)

Expected next earnings release: Announcement date: 1/17/2008 - Before Market Earnings Quarter: Q2 Announcement Status: Unconfirmed  

Q2 2008 earnings are expected to be announced on January 15, 2008 Estimates: 0.101 | 0.075 | 0.05

reuters outperform

Gerüchte sagen: überproportionales Ergebnis

Charting: Dreiecksformation: Chancen zum Ausbruch nach oben


viel Glück  

China's New Oriental Q2 net profit up 77 pct, revenue up 42.4 pct

New Oriental Education and Technology Group Inc, a Beijing-based provider of private educational services, said its unaudited net income for the second quarter ended Nov 30 rose 77.0 pct year-on-year to 14.5 mln yuan thanks to robust growth in enrolments.

Total revenue for the quarter rose 42.4 pct to 240.6 mln usd, the New York Stock Exchange-listed company said in a statement.

Basic and diluted earnings per common share were 0.10 yuan and 0.09 yuan, respectively, while basic and diluted earnings per ADS were 0.39 yuan and 0. 37 yuan, it said.

During the period, student enrolments in language training and test preparation courses increased 18.5 pct to about 257,700, New Oriental said.

It also opened a private kindergarten in Beijing during the quarter, and 14 new learning centers.

As of Nov 30, New Oriental had 38 schools and 164 learning centers.

""During the second quarter fiscal year 2008, we experienced continued strong growth in our student enrolments and net revenues, enabling us to beat our top line guidance,"" New Oriental's chief executive Michael Yu said.

Chief financial officer Louis Hsieh added that there is no evidence the company has been adversely impacted by concerns of an economic slowdown in the US. Almost all its revenues are derived from the China market, he said.

He said the company continues to benefit from the strength of the Chinese currency because most of its revenues are in yuan which are translated into US dollars for financial reporting purposes.

Hsieh added that the second quarter is traditionally the slowest in terms of revenues as students are busy with the beginning of the formal school year.

New Oriental expects third quarter revenues to be in the range of 311.2 mln to 326.5 mln yuan, representing year-on-year growth of 22-28 p  

http://www.finanznachrichten.de/...chten-2008-06/artikel-11052581.asp

Gruß
FredoTorpedo  

die eine MK von  fast 9.000.000.000 Dollar hat und einen Gewinn von 11.5 Mio.

http://aktien.onvista.de/...ID_OSI=15150746&SEARCH_VALUE=US6475811070

Nein Danke - nichts für mich, aber viel Glück noch.

Das KGV muss so hoch sein, das kann man ja gar nicht im Kopf ausrechnen.

EDU,  the largest provider of private educational services in China, today announced it signed a definitive agreement on July 26, 2008 to acquire Tongwen, a Changchun-based private school that specializes in tutoring students who seek to retake the gaokao, or Chinese national entrance examination for students applying to colleges or universities in China.
''We are very happy to announce the acquisition of the Tongwen school, one of the top gaokao re-taker schools in Changchun, the capital of Jilin province,'' said Mr. Michael Yu, New Oriental's chairman and chief executive officer. ''This acquisition is New Oriental's second within the gaokao re-takers space and builds upon our Mingshitang acquisition, which closed in June. In addition to expanding our gaokao re-takers presence into new high-potential cities outside of Beijing, the Tongwen school provides us with unique cross-selling opportunities with our New Oriental U-Can middle school all-subjects training business, further strengthening our leadership position in test preparation.''
Mr. Zhang Yang, chief executive officer of Tongwen commented, ''With enrollments of nearly 1,300 students, we are one of the leading players in Changchun in providing tutoring to students retaking the gaokao. We are excited for the school to become a part of New Oriental's strong training platform, and hope that our teaching team, with its experience in gaokao subject areas, will provide a valuable resource to U-Can instructors."
The gaokao is the Chinese national entrance exam required for admission to bachelor degree programs and most associate degree programs at Chinese colleges and universities. Gaokao re-takers occupied around 2.5 million of the 9.5 million students who took the gaokao in 2007. ''New Oriental U-Can'' is New Oriental's first all-subjects middle school training program, which targets middle and high school Chinese students from ages 13 to 18 who are preparing for the gaokao.
About New Oriental
New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental's ADSs, each of which represents four common shares, currently trade on the New York Stock Exchange under the symbol "EDU." For more information about New Oriental, please visit http://english.neworiental.or  

- Regierung wird massiv in education investieren, Privatleute auch
zwischen 07 + 09 mehr als 60% +++

es gibt folgende andere Probanden: CEU (!) udn CHN:TSXV & CEDT.

http://english.neworiental.org/publish/portal59/  

 

1.4 mln Chinese flock to post-graduate exam


BEIJING: China's three-day national post-graduate examination started Saturday, attracting 1.4 million registered applicants in total, a record high number since 2001 and a 13 percent increase over 2009.

1.4 mln Chinese flock to post-graduate exam
Students sit for the post-graduate entrance examination at the Southwestern University of Finance and Economics on January 9, 2010. [Xinhua]
1.4 mln Chinese flock to post-graduate exam

The candidates would compete for 465,000 seats, which means around one in every three examinees would succeed.

Related readings:
1.4 mln Chinese flock to post-graduate exam Post-graduate entrance exam 2010 kicks off
At an exam venue in the Beijing-based Tsinghua University, a student surnamed Zhang who is to graduate this year told Xinhua Saturday that he would take the exam and hunt for a job at the same time.

"The job market was just too tough this year," he said.

A recent poll on college students due to graduate in 2010, the main force of post-graduate exam sitters, showed that around nine percent of them planned to pursue further studies in China after graduation and 34 percent believed further studies would bring a brighter career future.

Statistics released by the Ministry of Education (MOE) showed there would be more than 6.3 million students graduating from universities nationwide this year.

China is enlarging enrollment of students pursuing post-graduate studies on "job-oriented disciplines," which focus on helping students acquire high-level skills for a certain profession.

China has developed "job-oriented disciplines" at a master-program level since 1991, currently offering 19 such disciplines, including law, social work and translation.

The number of Chinese applying to sit the exam soared from 1999 to 2007 with an average annual increase rate of 17 percent. The figure only slightly dropped in 2008, which was mainly attributed to the enthusiastic job market that year.

Experts believe the come back of the fever for this exam reflected a sluggish job market in the global economic downturn.

The MOE has also announced stricter penalty over those caught cheating in this year's exam, such as putting the stain into both their credit and personnel records for reference to future employers.

Cheaters would also be banned from taking the exam next year.  

verloren nicht wegen schlechten quartalsergenisse ne die waren mal wieder gut...."vielleicht zu gut um war zu sein?" jedenfalls hat muddy waters mal wieder ein bericht gestern veröffentlicht und die aktie sank im 2 tag nachdem die firma selbst erwähnte in   das die börsenaufsicht sec untersuchungen eingeleitet hatte .  

New Oriental Responds to the Muddy Waters Report

15:10 19.07.12

PR Newswire

BEIJING, July 19, 2012

BEIJING, July 19, 2012 /PRNewswire-Asia/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today responded to the allegations raised in a report dated July 18, 2012 issued by Muddy Waters.  New Oriental believes that the Muddy Waters report contains numerous errors of facts, misleading speculations and malicious interpretations of events.

As previously disclosed, New Oriental had 664 Company owned and operated schools and learning centers as of May 31, 2012.  The Muddy Waters report alleged that a significant number of these schools and learning centers were instead operated by franchisees, and that the Company consolidates these franchisees' results of operations and assets as though they were the Company's own.  The Muddy Waters report is wrong.  New Oriental stands firmly by its statement that all of the 664 schools and learning centers as of May 31, 2012 were, and are, its own.  Although New Oriental started a small pilot program beginning in fiscal year 2010 whereby it permits third parties in certain small cities to offer its "Pop Kids" English program and "New Oriental Star" kindergarten program under a brand name cooperation model, that pilot program is immaterial to the Company.  Moreover, New Oriental has never included these cooperation facilities, which never exceeded 21 facilities in total, in the counts of its own schools and learning centers, nor has New Oriental included student enrollments from these cooperation facilities as its own student enrollments.  New Oriental has properly recorded license and training fees paid to New Oriental by these cooperation facilities in New Oriental's revenues according to U.S. GAAP.  For the fiscal years ended May 31, 2010 and 2011, New Oriental recognized revenues in an aggregate amount of US$35,000 and US$249,000, respectively, from license and training fees received from the cooperation facilities, representing 0.009% and 0.045% of New Oriental's total revenues, respectively.

New Oriental's Board of Directors has been informed of the allegations made by Muddy Waters and will consider and decide on the necessary and appropriate course of action in response to the allegations.  New Oriental will release additional information concerning the allegations in due course.  New Oriental is committed to providing full and accurate disclosure to investors and to rebutting any false claims that attempt to undermine confidence in New Oriental's business, management, operations and corporate structure.

About New Oriental

New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol ''EDU.''

For more information about New Oriental, please visit http://english.neworiental.org.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confidence" and similar statements. New Oriental may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about New Oriental's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and New Oriental undertakes no duty to update such information, except as required under applicable law.

Contacts

For investor and media inquiries, please contact:

In China:

Ms. Sisi Zhao

New Oriental Education and Technology Group Inc.

Tel: +86-10-6260-5568

Email: zhaosisi@xdf.cn

SOURCE New Oriental Education and Technology Group Inc.


http://www.ariva.de/news/...sponds-to-the-Muddy-Waters-Report-4183536  

mal kurz hoch richtung 13 dollar aber schloss dann auf 11,20 dollar immerhin noch ein plus zum vortag von 17.89%.  

na dann  edu wieder 10 prozent im plus heute

New Oriental Announces Senior Management Share Purchase Plan


BEIJING, July 20, 2012 /PRNewswire-Asia/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (EDU), the largest provider of private educational services in China, today announced that members of its senior management team, including its chairman and chief executive officer Michael Minhong Yu, director, president and chief financial officer Louis T. Hsieh, director and executive vice president Chenggang Zhou, executive president, domestic business Xiangdong Chen and senior vice president Yunlong Sha, have informed the Company of their intention to use their personal funds to purchase the Company's American depositary shares ("ADS") on the open market for an aggregate amount up to a maximum of $50 million within the next three months, in accordance with Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended.  The senior management team who will participate in the share purchase plan has agreed not to sell any shares or ADS of the Company held by them or their affiliates for a period of six months commencing today.

Michael Minhong Yu, Chairman and Chief Executive Officer of New Oriental, commented, "We remain confident in the long-term prospects of New Oriental's business and this share purchase plan demonstrates our confidence."

About New Oriental

New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. New Oriental offers a wide range of educational programs, services and products consisting primarily of English and other foreign language training, test preparation courses for major admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online education. New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol ''EDU.''  For more information about New Oriental, please visit http://english.neworiental.org.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confidence" and similar statements. New Oriental may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about New Oriental's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in New Oriental's annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and New Oriental undertakes no duty to update such information, except as required under applicable law.

Contacts

For investor and media inquiries, please contact:

In China:

Ms. Sisi Zhao
New Oriental Education and Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn

Mr. Martin Reidy
Beijing Brunswick Consultancy Ltd.
Tel: +86-10-5960-8616
Email: mreidy@brunswickgroup.com

In the U.S.:

Ms. Cindy Zheng
Brunswick Group LLC
Tel: +1-212-333-3810
Email: czheng@brunswickgroup.com
http://finance.yahoo.com/news/...nior-management-share-130900762.html  

New Oriental Education managment told a number of "big lies," MuddyWaters tweets

Muddy Waters Research tweeted that New Oriental Education management told a number of "big lies" on its call last night and they will expose per its schedule.

http://finance.yahoo.com/news/...managment-told-number-142840813.html  

gap geschlossen werden   .......nee   scherz keine ahnung wie es hier weiter geht. auf jedefall hat sich die aktie ein bischen erholt seit dem absturz auf 9,50 vom july.

13,93 $ dollar nun  am freitag.  

http://www.bloomberg.com/news/2012-11-27/...ines-china-overnight.html

na jedenfalls hat sich edu schon mal gut erholt  

 

Hallo,

Die letzten Einträge bezüglich der Short Attacke vor 7 Jahren.

Ist denn noch jemand investiert bzw. hat  den Titel auf seiner Watchliste?


 

und das hat wohl auch Gründe.

Zum einen scheint es Untersuchungen bzgl. falscher Werbeversprechen zu geben: https://seekingalpha.com/news/...ese-province-false-advertising-probe

Des Weiteren scheinen wohl auf die gesamte Nachhilfe- bzw. Tutoring-Brache einige regulatorische Veränderungen zuzukommen: https://seekingalpha.com/news/...ns-after-school-tutoring-regulations

Die Aktie ist per se in einem spannenden Feld angesiedelt, aber - wie viele Aktien aus der Region - ein ziemlich heißes Eisen.

 

Ist genau richtig für meine Watchliste und vielleicht demnächst für ein Einstieg :)  

erstmal hier investiert, wenn es weiter runter geht kaufe ich nach.  

Über -30% heute. Finde nichts auf finanznachrichten.de oder marketscreener. Jetzt gerade mehrfach nachgekauft, aber das fallende Messer tut weh.  

Info gefunden, im TAL Education Forum. Der ganze Sektor ist getroffen. Danke an den ursprünglichen Poster namens Standard.
Grund sind scheinbar hammerharte Restriktionen der chinesischen Regierung.
https://finance.sina.com.cn/stock/hkstock/ggscyd/...iyzk7195360.shtml
(mit Google Chrome gut übersetzbar)  

Meine China Knaller sind mit Boazun & Up Fintech eigentlich komplett, aber bei so einem Abverkauf kann man es sich überlegen mit einer Kleinposition einzusteigen…

Gerade auch, da New Oriental die News dementiert hat:

https://investor.neworiental.org/news-releases/...-inc-responds-media  

Dementieren sieht anders aus:
" The regulations have not been published, and the Company has not received official notification of the regulations.  It's the Company's policy not to comment on market speculations. "

Ich glaube hier wird der "fast-worst-case" eingepreist, d.h. ein Großteil vom Geschäft bricht weg aufgrund der Verbote durch die Regierung. Worst case wäre Verstaatlichung, dann war es das hier.
Auf jeden Fall hab ich Freitag 3x schön ins fallende Messer gegriffen. War nicht so clever, und alles in der Hoffnung "lieber jetzt billig kaufen, bevor die Amis alles wieder hochkaufen". Man lern halt nur aus Schmerzen.