Retech looks to be positioning itself in to markets that can scale better than the traditional e-learning content one.
The growth in Ai English is very encouraging and the partnerships with Pearson, East China Normal University and iFlytek are ones to watch, if RTE can succesfully leverage these partnerships we can expect to see continued high growth for Ai English.
The challenge here is the ownership structure - 96% of the business is held by the top 20 shareholders.
I doubt there will be significant share price growth until there is a wider spread of ownership.
RTE Price at posting:
27.5¢ Sentiment: Buy Disclosure: Not Held