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Overseas Education' s FY20 earnings up by 13% to $10.3 mil declares final dividend of 2.3 cents
Overseas Education Limited has posted earnings of $10.3 million, 13% higher y-o-y for the FY2020 ended December.
Revenue for the full-year fell 3.9% y-o-y to $79.1 million, on lower revenue across all segments save for other revenue.
The lower revenue was due to weaker student enrolment, which slowed down to a near standstill during the 2HFY2020 due to the pandemic, which caused global lockdowns and travel bans.
Total expenses fell 10% y-o-y to $52.2 million due to lower personnel expenses, finance costs and other operating expenses. The lower personnel expenses and other operating expenses were due to government grants, property tax rebates and Covid-19 (Temporary Measures) support.
Earnings per share (EPS) for the period stood at 2.5 cents on a fully diluted basis for the FY2020 from 1.9 cents the year before.
The group has declared a final dividend of 2.3 cents per share for the FY2020, which will be payable May 20.
As at end-December 2020, cash and cash equivalents stood at $44.2 million.
In its outlook statement, the group says it foresees new student enrolment for the 2021/2022 school year, which begins in August, is likely to be affected by the ongoing travel bans and restrictions.
We have decided to perform a review and an initiation on a relatively popular small cap stock (Overseas Edu) as we have noticed that many of our readers have significant levels of defensive long positions. With REIT stocks having run up significantly in 2019, we thought this could be a potential investment to consider.
hahaha, bought $0.765, now dropped to $0.30
sunview ( Date: 11-Oct-2013 09:25) Posted:
Cold counter but paying good dividend. Bought some at $0.765 yesterday. The stock was up 0.5 cent yesterday after touching the bottom of the up-channel on Wed. Today up 2 bids to $0.775, but no volume. Only 13 lots done so far. $0.775 is the immediate resistance. Hope it can move to $0.80+.
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YES, bought 50,000 shares @$0.295
https://www.theedgesingapore.com/dont-underestimate-recovery-potential-education-stock-uob
Don' t underestimate the recovery potential of this education stock: UOB -
SINGAPORE (April 23): UOB Kay Hian is starting coverage on Overseas Education Limited (OEL) at &ldquo buy&rdquo with a 46 cent price target, based on 10.4 times EV/EBITDA or a 15.4% discount to global peers&rsquo 2019 average.
the trouble is that share price drops after XD. so always lose out. (unless very good net profit).
FearValueGreed ( Date: 10-Sep-2017 12:45) Posted:
This shit is now 1/3 from its peak.
but if it continue pays a dividend of 3cents, that' s a massive 10% yield
not bad for dividend play
plus profit go northwards again -- may make a comeback To double up
definitely good for dividend play.
the new location of school screw them up. They Shd open up,a new one in the west or central |
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This shit is now 1/3 from its peak.
but if it continue pays a dividend of 3cents, that' s a massive 10% yield
not bad for dividend play
plus profit go northwards again -- may make a comeback To double up
definitely good for dividend play.
the new location of school screw them up. They Shd open up,a new one in the west or central
Wanna know how i spot great companies? :)
Overseas Education&rsquo s 1Q14 net profit of S$5.5m in line
impact from tuition fee hikes was offset by higher staff
costs. Strong demand for int&rsquo l schools, especially from Asian
expats, is key to further fee hikes. But major upside unlikely
before FY16 as OEL is at maximum capacity at current
campus. Share price has performed well, and with limited
upside to S$1.02 target price, we downgrade to HOLD.
ozone2002 ( Date: 28-May-2013 09:16) Posted:
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another great company in the making that i spotted.. gd luck dyodd
Overseas Education Ltd - Defensive earnings
Overseas Education?s (OEL) earnings are resilient with little credit risk, we believe, due to its upfront collection of fees. A 50% dividend policy pays investors for waiting for the next step-up in its earnings on the completion of its new campus in 2015. We initiate coverage with an Outperform and S$0.91 target price, based on DCF (WACC 7.6%). Implied 17.1x CY14 P/E is in line with the average of regional peers. Re-rating catalysts are expected from the completion of its new campus. |
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Cold counter but paying good dividend. Bought some at $0.765 yesterday. The stock was up 0.5 cent yesterday after touching the bottom of the up-channel on Wed. Today up 2 bids to $0.775, but no volume. Only 13 lots done so far. $0.775 is the immediate resistance. Hope it can move to $0.80+.
DBS covering this gem..
We are initiating coverage on Overseas Education with
Buy recommendation and target price of S$1.03, which
implies 36% potential upside. OEL, a top international
school in Singapore, presents a highly cash generative
business with operating cashflow growing at 48% CAGR
over 2010-2013. The stock also pays 4% dividend yield,
backed by strong cashflow generation. We expect fee
hikes of about 6% to 10% to support near term earnings
while the new campus, ready in 2016, to accelerate
growth.
ozone2002 ( Date: 28-May-2013 09:16) Posted:
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another great company in the making that i spotted.. gd luck dyodd
Overseas Education Ltd - Defensive earnings
Overseas Education?s (OEL) earnings are resilient with little credit risk, we believe, due to its upfront collection of fees. A 50% dividend policy pays investors for waiting for the next step-up in its earnings on the completion of its new campus in 2015. We initiate coverage with an Outperform and S$0.91 target price, based on DCF (WACC 7.6%). Implied 17.1x CY14 P/E is in line with the average of regional peers. Re-rating catalysts are expected from the completion of its new campus. |
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another great company in the making that i spotted.. gd luck dyodd
Overseas Education Ltd - Defensive earnings
Overseas Education’s (OEL) earnings are resilient with little credit risk, we believe, due to its upfront collection of fees. A 50% dividend policy pays investors for waiting for the next step-up in its earnings on the completion of its new campus in 2015. We initiate coverage with an Outperform and S$0.91 target price, based on DCF (WACC 7.6%). Implied 17.1x CY14 P/E is in line with the average of regional peers. Re-rating catalysts are expected from the completion of its new campus.
This one looks like going to cheong to 70-75cents
Based on 2.75cents payout at 75cents still got yield of 3.5%
Assuming no growth, that works out pe of 15.
Not too expensive.
At entry level of 60cents means 25% capital gain plus yield means 30% at ex dividend on 7may.
However the volume may drain down which make it illiquid if u buy too much.
But worth a bet as chart looks like a breakout at 60cents.
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