$1.78
-0.02 (-1.12%)
Noah Education (NYSE:NED)
CAPS Rating:
The company develops, markets, and distributes interactive education content in China.
The company develops, markets, and distributes interactive education content in China.
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First, I own both NED and EDU.As an international educator who teaches in China every summer, I canassure you that the best education possible is the number one goal formiddle and upper-class students. Preparation to pass the NationalCollege Entrance Exam is all-consuming from birth. Sadly, thesestudents don't have the time to be children like their UScounterparts.NED and EDU both cater to students but with different objectives. NEDis targeting the K-12 community while EDU, with the exception of itssummer camp program, targets mainly college and Senior High (10, 11,and 12) students.EDU's revenues are dramatically strongest during the summer months.Revenues swing wildly quarter over quarter.NED's revenues should show more consistent earnings growth across allquarters. Despite yesterday's action, I am long and strong.