Growth Investing - TAL - Growth Investing - InvestorVillage
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Msg  137 of 138  at  10/22/2020 7:24:23 PM  by

billmax


 In response to msg 136 by  Huffdaland
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Re: TAL

 I guess that I don't blame you, but this is a Growth Investment Board, not a made in the USA Growth Investment Board. I do not own any China companies but looking there for growth.
$60 and I'm in. Probably won't get that low.
 
 Revenue was up 87% in USD or 88% in RMB. Online normal-priced enrolment posted 116% YoY growth to 2.9mn. Online accounted for 52% of normal price enrolment and 26% of revenue in 2Q21 vs. 40%/17% in 2Q20. Normal priced ASP in RMB: Peiyou small class -19% in USD/-18% YoY due to higher contribution from Peiyou online, discounting and rising mix from lower-tiered cities, 1x1 +4% in USD/RMB. Online class -1% in USD/RMB. Deferred revenue grew 136% YoY, mainly contributed by the tuition collected in advance for the upcoming semesters.


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