Long and hold
$New Oriental(EDU.US$
in the short term this company is going to be going through some very rough patches, if you are going in now it’s extremely cheap. From a fundamentals standpoint the company is sitting on a lot of cash. as it is exiting out of the previous business model, there will be an adjustment period. while it might seem like the company is taking some time to pivot its business model, you can expect that when it does you’ll be glad you bought in really cheap.
In the face of the Chinese Govt’s common prosperity policies, this is the adjustment period that savvy investors just wait it out.
Be fearful when others are greedy and be greedy when others are fearful. - WB
in the short term this company is going to be going through some very rough patches, if you are going in now it’s extremely cheap. From a fundamentals standpoint the company is sitting on a lot of cash. as it is exiting out of the previous business model, there will be an adjustment period. while it might seem like the company is taking some time to pivot its business model, you can expect that when it does you’ll be glad you bought in really cheap.
In the face of the Chinese Govt’s common prosperity policies, this is the adjustment period that savvy investors just wait it out.
Be fearful when others are greedy and be greedy when others are fearful. - WB
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MaxOon : Agree