I took a starter position in TEDU, largest IT education company in China.
Here are some of the reasons why I like it.
Goldman has a $20 target.
It’s trading at its IPO price.
It’s trading 13x 2015 numbers.
They just beat estimates.
They have $2 in net cash.
And, it’s trading about 1x sales.
Granted, everything reported is suspect, because it’s a Chinese based company. However, the partial sale of XON and the full liquidation of CNQR freed up earmarked “risk capital” for me. Therefore, I took a shot with TEDU, a speculative Chinese lottery burrito stock priced absurdly cheap.
Target: $13.
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Thank you FLY. I will buy TEDU this morning. $$
Like a true junkie, you can’t stay away from the Chinese speculative needle for long.
JD into the Alibaba IPO for the win. The higher baba’s valuation goes, the higher JD’s goes.
The next time someone comes up to you as if they know you, and you get into an always spot where they expect you to know your name… It is a good idea to say:
Yes, I believe I know you… Don’t tell me… Your name is:
Dinaxicaragothiasringensaureousmingopoliscarthinedoximus Platypus Jones
Alternatively you can give him/her an old fashion name that no one uses anymore… As in
Yes Cletus. Yes Beatrice. Yes Bartholomew.
Or why not add in uncle in the name…
Yes Uncle Haversham. Figures of a chosen biblical literature work too. Ahhh… Yes Your name is Joseph… Your Wife Mary just had a baby named Jesus I believe… Congratulations… And I have some Frankincense and myrrh as a gift that I’ve been meaning to give. Wouldn’t your ancestor King David be proud?
Then whatever you do, say it with a straight face, shake the person’s hand and immediately walk away. They will be very confused, and busy trying not to laugh. It will work as a great cover, especially if you repeat it with characters from a movie or TV show and feel free to mix and match. Yes. Scarface, I remember you wanted to introduced my DEA brother in law Hank to your little friend, hope you get the chance, goodluck (shakes hand, walks away)
This has been advise from
-A Random Asshole
Signed, with love.
loser
Ughhh – hate dabbling in the Chinese stocks. I’m curious as to how much more time they need until the market starts to like them at 5x P/E ratios and the fraud risk abates…
Sometimes I feel as if the Chinese company might as well have the following numbers:
???????
Ummm… Something got lost in translation… Namely money.
Goot luck with the Lotto drawing, Neo say hi to Morpheus.
-A slightly mentally disturbed random asshole.
Signed With apathy
Shit, google translation failed me
All this fear of fraud w/chinese co’s is why I stick w/only the big ones – alibaba, JD, BIDU are pretty much the only ones I would trade. I don’t mess around w/chinese small caps. Not worth the risk.
A man named Jennifer says? She should know!
*he.
FYI…RevShark touted TEDU this morning as his Stock of the Week. Might make it more volatile than usual.
I should have held onto XON a little longer. Looks like the squeeze is continuing.
One Chinese burrito at a time for me. Waiting for MY to pop its tortilla, slow but sure.
The 5 second on AAPL, from 14;34 to 14:47 is wild looking.
Come on, Bulls. cmon. cmon cmon
http://www.youtube.com/watch?v=Zz7tNgsIf-g
ahh so, big ahh so, RandomAsshole