InvestorsHub Logo
Followers 322
Posts 19697
Boards Moderated 1
Alias Born 06/01/2007

Re: SSKILLZ1 post# 274544

Thursday, 02/09/2017 11:00:54 PM

Thursday, February 09, 2017 11:00:54 PM

Post# of 275587
Here are some EDUC links and info I pulled together for a sticky post over on the EDUC board:


A) Most recent conference call transcript (a MUST READ for anyone thinking about investing): Q3 2016 Conf Call


B) 8-K clarifying the company will NOT be issuing shares down here:

On January 27, 2017, during an investor conference call held to discuss the financial results of Educational Development Corporation (the “Company”) for the quarter ended November 30, 2016, the Company provided remarks that referred to our capital structure. To clarify these statements, the Company has no plans to issue additional capital at this time.

On February 1, 2017, the Company repaid the previously disclosed advance from its President and Chief Executive Officer. link to 8-K




C) Based on CEO forward-looking remarks, if EDUC gets control of its explosive growth and can get back to 9 percent margins and hits $150M in revenues, that would be $13.5M net. Since EDUC has about 4M shares, that would be $3 per share in earnings, for a forward P/E of just over 2. Okay...maybe they don't reach those targets. But even if their margins are only half the target, they are still sitting at a P/E under 5.

D) One-year chart (should update automatically):











I am obviously NOT an investment advisor.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.