Rosetta Stone, learning foreign language

Reading Time: 2 minutes First saw Rosetta Stone at the mall couple years ago (the kiosk). More recently saw its Ads on the TV. Today comes a monumental day for the company (bloomberg news, IPOHome, Yahoo Finance), the IPO (as old Warren says IPO stands for its probably overpriced). Fun and emotion aside, I think this language thing may… Continue reading Rosetta Stone, learning foreign language

New Oriental EDU buy back

Reading Time: < 1 minute A short while ago I decided not to short EDU. Today the EDU stock buy back program confirmed my reasoning. Here is their buy back plan (CNNMoney): New Oriental Education & Technology Group Inc. (NYSE:EDU) Thursday said its board had approved the buyback of 1 million American Depositary shares. The program is effective between Feb.… Continue reading New Oriental EDU buy back

Secular growth, Mindray, New Oriental

Reading Time: 3 minutes I was looking for a secular growth stock in China. By secular growth I mean the business grows continously without the normal business cycle. One benifit of secular growth is it usually does not go up or down a lot as economy cycle does. A side benifit of this is we (investors) can sleep better… Continue reading Secular growth, Mindray, New Oriental

New Oriental class break

Reading Time: < 1 minute Found the following video clip at Tudou, the China’s very own YouTube. The content pushed the envelop a little so don’t play it before your boss, coworker or kids. I haven’t verified whether this is indeed from a class break of New Oriental. This (in a very small way) reflects the entertainment of China generation… Continue reading New Oriental class break

Do you want to be a CEO ?

Reading Time: 3 minutes I got to see Michael on CCTV Channel 2 yesterday. He was participating a show as a guest. The show is about the “entrepreneurs born after 1980s” (Michael was born in 1960s). I noticed he said something interesting about New Oriental “listed in NYSE”: if I could regret, I wish we haven’t done that. On… Continue reading Do you want to be a CEO ?

EDU: missed 5 cents

Reading Time: < 1 minute in its fiscal Q4 2007 earning. The analysts were expecting 1 cent, while EDU reports loss of 4 cents. Ouch, that’s even worse than last week’s Google’s miss (3 cents). Seriously, I don’t think missing a few pennies is not big deal for long term investors. But the reason behind the miss is more important.… Continue reading EDU: missed 5 cents

Is English First Co. a Threat to New Oriental?

Reading Time: < 1 minute I noticed this “English First Co.”, which is 2008 Beijing Olympics language training partner, because of their ubiquious ads (outside and inside) Cloud 9 building. I understand there are at least 2 levels of Olympics partners. Lenovo, Haier and Coke Cola, etc are exclusive sponsors (in its product category). In other words, they gave more money to Olympics committe and they got more… Continue reading Is English First Co. a Threat to New Oriental?

New Oriental EDU Seconday Offering

Reading Time: < 1 minute The following is from Reuters. I have not seen the final prospectus from SEC web site yet.  “HONG KONG, Feb 9 (Reuters) – Investors and New Oriental Education & Technology Group Inc. (EDU.N: Quote, Profile , Research), China’s largest education group, and its investors have raised US$334 million after pricing 8.05 million American Depositary Shares at a 1.78… Continue reading New Oriental EDU Seconday Offering