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 slowe...

The international market for higher education is worth billions of dollars. But with borders closed because of COVID-19 and lessons moved online, some are asking whether going abroad to study still makes sense. Money Mind reports.

The threat of lower enrolment numbers resulting from the soft labour market and restrictions is expected to hit the bottom line of Overseas Education, according to CGS-CIMB Research. As such, the brokerage has lowered its FY20-22 earnings per share forecasts by 2.3-20.9% to reflect the impact. It ha...

CGS-CIMB has downgraded Overseas Education Limited to "hold" from "add", premised on poor earnings visibility. CGS-CIMB has also lowered the counter's target price to 26 Singapore cents from 42.3 cents.

MAINBOARD-LISTED Overseas Education Ltd, which runs international school Overseas Family School, kept its bottom line up on the amortisation of intangible assets, according to unaudited results on Thursday.

SINGAPORE (May 10): Lim & Tan Securities has started coverage on Overseas Education Limited (OEL) at “buy” with a target price of 48 cents, representing a 60% upside potential from the stock’s 30 cent share price. In an initiation report on Wednesday, the research house says it expects OE...

SINGAPORE (May 8): UOB KayHian is keeping its “buy” call on Overseas Education (OEL) with a target price of 46 cents. OEL yesterday announced that its 1Q19 earnings have increased by 9.65 to $2.1 million, compared to $1.9 million in 1Q18. However, revenue dropped 3.4% y-o-y to $20.5 million, ma...

SINGAPORE (April 23): UOB Kay Hian is starting coverage on Overseas Education Limited (OEL) at “buy” with a 46 cent price target, based on 10.4 times EV/EBITDA or a 15.4% discount to global peers’ 2019 average. In an initiation report on Tuesday, analyst John Cheong says he deems the stock’...