I worked in the international education industry for 30+ years for IDP clients and competitors. IDP is a great company and has strong advantages over competitors (better brand and higher university commissions). However the industry is facing very hard times (as it did with SARS and Covid) with Australia, Canada and the UK capping numbers and the US imploding. 2025 & 2026 will be tough. I would expect a healthy rebound in 2027, excluding the US. IDP well placed for growth when industry growth returns. The US only a small part of IDPs business. I'm going to buy in over coming days with a view to a long term hold.
IEL Price at posting:
$3.48 Sentiment: Buy Disclosure: Not Held
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