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’...