- Cash receipts up 30% year on year (not too worried about outstanding accounts receivables with large companies and educational institutes)
- Product development of Ai English --> not too sure what improvements have been made specifically (e.g. if it is now better than or as good as the competitors) but it's good to keep innovating.
- Winning contracts: "...started new relationships with several important and strategic clients".
Others have stated as long as they are transparent and improving the fundamentals of the business it should do well.
I personally think that: - It is a growth industry (which will be helped by COVID) - Has good fundamentals - Low PE - 6.7 currently - EPS - 4.7 cents per share - Growing net income and profits year over year - Acquisition, when it makes sense - Paying a dividend
I think the risks are: - Company fundamentals are improving but the share price is decreasing (if this will be a short term event or not, I'm unsure) - Associated with China and investors being wary of this - It is classified as a "Consumer Services" company but (although it may be wishful thinking of my part) if it could be reclassifed as a technology company
RTE Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held