Overseas Education Limited

Overseas Education's FY20 earnings up by 13% to $10.3 mil; declares final dividend of 2.3 cents - THE EDGE SINGAPORE

Results

Overseas Education's FY20 earnings up by 13% to $10.3 mil; declares final dividend of 2.3 cents

Earnings per share (EPS) for the period stood at 2.5 cents on a fully diluted basis for the FY2020 from 1.9 cents the year before.

Broker's Calls

Overseas Education started at 'buy' on stabilising student numbers, interest expense savings

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.

Broker's Calls

Despite declining revenue, UOB expects Overseas Education to perform well for FY19

SINGAPORE (May 8): UOB KayHian is keeping its “buy” call on Overseas Education (OEL) with a target price of 46 cents.

Broker's Calls

Don't underestimate the recovery potential of this education stock: UOB

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.
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