COE 51 Talk Online Education Group - ADR

$COE now for comparison duolingo (duol), traded at more than 5.4x yearly gross billings. meanwhile coe trades at less than .5x gb. duol is valued at something 10x higher valuation. we also will return to higher yearly growth than them in coming Qs hopefully. overall industry is worth many billions and projected to even grow. there is room for all to eat well here. I ask only for conservative 3x fair value gb. getting us to about $80 per share. more might be greedy. but in a couple years when our revenue is double I will be asking for much much higher

$COE 3x GB valuation = $77/sh FV. also have untapped $10 mil buyback. peak revenue on same exact biz model in china was 2.5-3x current gb run rate. it ran hard on momentum last year and 2 temp declining Q’s gave us a course reversal, but now we already back to growth. it sucks having to wait more months/years but if it were easy everyone would do it

$COE Hard to imagine two more pathetic stocks with bleak futures than this and XIFR. Swiss was wise to exit these long ago, but for some reason some of his less astute acolytes have chosen to remain.