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Seems like this stock is ripe for a VICIOUS bounce.
We shall see.
I don't it depends on your broker. It is worth it.
I don’t get it. That was crazy 100 million shares! short selling?
The 100m shares traded vs a float of 2.2m
How does this happen?
Fulai International Limited. Fulai International Limited reported that it owns 399,601 shares of CLEU stock, giving it 6.31% voting power.
United Glory Global Limited. Another SEC filing outlined the fact that United Glory Global Limited now owns 514,486 shares of the stock, representing a voting power of 8.12%.
Ever Alpha Global Limited. In the next SEC filing, Ever Alpha Global Limited disclosed the ownership of 2,057,942 shares of CLEU stock, representing a voting power of 32.49%.
Man Woo Limited. Finally, Man Woo Limited disclosed the ownership of 649,351 shares of the stock, bringing its voting power to 10.25%.
Gap up Tuesday?
Sho looks like it to me!
Squeeze of lifetime coming
Shares locked imo
Through these efforts, we expect to enroll 6,000 to 7,000 students in the next two to three years and generate RMB 150 million to 180 million (approximately US$23 million to US$28 million) of income from tuition and other service fees."
CJ question do you get charged extra for Permarket. I thinking about getting into it my self.
* * $CLEU Video Chart 02-12-2021 * *
Link to Video - click here to watch the technical chart video
Have fun I'm taking my money and running
$CLEU is screaming for the top after four different SEC filings show institutions are taking interest in the company.
https://cnafinance.com/cleu-stock-heres-why-china-liberal-gained-more-than-100/
Talk all you want. Shooda got in at 3.76 like I did
Big insider CLEU buys we should see $20.00 today with this tiny float.
https://stocktwits.com/Yumyum1020/message/288576860
SEC filings are positive stake positions + super low float may take CLEU to $15.00+ tomorrow.
Common sense. Price increase with 3x sell vol
Love the volume, I jumped in with 5k shares today
Starting to go nuts
Big volume and shorts all of the sudden covering
Something is about to happen
$CLEU
Starting to go nuts
Big volume and shorts all of the sudden covering
Something is about to happen
$CLEU
Curious to see what happens after the 14th
CLEU 4.08 no "clue" yet most here smart to just watch it drop?
So why down today brutally?
CLEU $8 in Aug $4 today ,what is up, or does nobody follow?
Probably going red today, Haha
Yup the moment i bought it went down, such an unlucky i am lol
“We are excited to announce that we achieved record revenue for fiscal year 2019, which represented a year-over-year increase of 9.3%,” commented Chairman/CEO of China Liberal $CLEU Mr. Jianxin Zhang
https://chinesenasdaq.com
Only just a matter of time
$CLEU has increased its revenues for the last three years consistently and in 2019 saw an increase of almost 9%. This 9% increase total just under $470,000. Covid-19 impacted Chinese education Ed ways the government never expected but out of that horrible situation came an opportunity for the company. They have now switched to providing more online teaching resources to ensure that students Do not drop out during the pandemic. This opens CLEU up to providing continued online services in the future as well as new revenue-generating services to facilitate an increase in online learning demand.
With a Low Float under 2 million shares and with accumulation rising and CLEU gaining momentum, We could see a break through resistance at $5. $CLEU
And they've been expanding since 2011.
$CLEU EXPANSION
We started our operations in Beijing where our headquarters are located. We established our first branch in Fujian Province in 2011 and subsequently expanded to various locations in the PRC, covering the cities of Hangzhou, Fuzhou, and Ji’nan on the east coast of China.
http://ir.chinaliberal.com/overview.html
The market is liking the news with a HOD of $4.85. Shortsqueeze coming!
$CLEU
Yeah it is! China is providing more online teaching resources to ensure that students Do not drop out during the pandemic. This opens CLEU up to providing revenue-generating services to facilitate an increase in online learning demand.
I missed it... That's great news for $CLEU!
News: China Liberal Education Resources, NASDAQ CLEU just released its F20 annual reports, here are the two points investor should focus on.
July 1, 2020 -- InvestorsHub NewsWire -- via INS Digital Media -- Incorporated in 2011 CLEU operates is an educational Resources company based out of Beijing China. This F20 report includes Financial from 2017, 2018 and 2019.
https://www.sec.gov/Archives/edgar/data/1775085/000147793220003662/cleu_20f.htm#it5
Major takeaways;
- CLEU reported 5.255 million dollars in revenue for 2019 which is a notable increase from 2018. The total increase in revenue for 2019 was reported as $446,817.
- They have reported three straight years of Revenue increases.
- In order to continue to deliver services to their students, CLEU changed its classroom teaching to online teaching so as not to affect students' learning progress. The company's remote teaching services to students enabled them to ensure no student dropout during the temporary school closure period from February to until universities/colleges gradually reopened in 2020.
- As a result of covid-19 the company used their online services to adapt quickly in providing educational resources to Chinese students increasing their potential for additional online service offerings in the future.
In short, CLEU has increased its revenues for the last three years consistently and in 2019 saw an increase of almost 9%. This 9% increase total just under $470,000. Covid-19 impacted Chinese education Ed ways the government never expected but out of that horrible situation came an opportunity for the company. They have now switched to providing more online teaching resources to ensure that students Do not drop out during the pandemic. This opens CLEU up to providing continued online services in the future as well as new revenue-generating services to facilitate an increase in online learning demand.
Investor sentiment seems to be bullish and according to the sentiment gauge on investing.com, 83% of China Liberals followers think the stock price will go up. We remain bullish on CLEU an I urge all of you to do your diligence or contact a financial advisor in regards to the company. The last trade was on June 29th was $4.67 which when you do the math reveals an extremely low Revenue to share price multiple.
About China Liberal Education Holdings Limited; operates as a holding company and through its multiple subsidiaries, focuses on online teaching and learning, consulting and other educational services. China Liberal Education Holdings serves customers and students in China.
Disclaimer; INS Digital Media is engaged in the business of marketing and advertising public companies, investment funds and trading software for companies in return for monetary compensation. Never invest in any stock featured on this page unless you can afford to lose your entire investment. INS Digital Media/INS/ Investor News Source and its employees are not a Registered Investment Advisers, Broker Dealers, financial analysts or variation of any of these listed professions or a member of any association. INS is compensated by third party shareholders from time to time to feature certain companies, in that even we encourage the company to issue a press release highlighting such activities on their behalf. These third parties may have shares and are assumed to liquidate the company's shares which may very well negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. INS may, from time to time, purchase shares of public companies that we have been compensated to feature or profile in the open market and INS does this at fair market value. Through the use of this advertisement , additional marketing material, landing pages, social media post or other affiliated platform marketing presented by Investor News Source viewing you are using, you agree to hold INS its operators owners and employees harmless to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Trading stock is very risky and you should never invest unless you are willing to lose your entire investment. The information contained in publications, advertisements and published opinions are always based on publicly available information provided by the featured company and based on sources which INS and its members believe to be reliable but that information is not guaranteed by INS as being accurate and does not purport to be a complete statement or summary of the Information. Publications, ads and opinion posts should NOT be considered financial advice or a solicitation to buy or to stock.
NASDAQ | CLEU to provide online educational resources in China as Covid19 keeps schools closed. Nice uptick early! https://chinesenasdaq.com/
Big increase in revenues, should hit the radars!
CLEU
Short squeeze coming!
CLEU
A lot of people missed the information and opportunity yesterday when $CLEU reported three straight years of Revenue increases in their annual report.
CLEU had great press with record Revenue AND when the market finally sees the press it would lead to a short squeeze.
http://www.ChineseNasdaq.com
CLEU is One to watch for tomorrow since aftermarket the last trade was $4.93 after it was reported they had record revenue in 2019.
Lots and lots of buys
$CLEU News: China Liberal Education Holdings Limited Announces Fiscal Year 2019 Financial Results
BEIJING, CHINA, June 30, 2020 (GLOBE NEWSWIRE) -- China Liberal Education Holdings Limited (CLEU) (“China Liberal”, or the “Company”, or “we”), an educational services provider in China, today announced its financial results for the fiscal year ended December 31, 2019.
Mr. Jianxin Zhang, Chairman and CEO of China Liberal, commented, “We are excited to announce that we achieved record revenue for fiscal year 2019, which represented a year-over-year increase of 9.3%. The success of our Company continues to be driven by our core values of ‘integrity, professionalism, creativity and innovation’ and our aspiration to help more Chinese students to achieve their academic and professional goal. Our successful IPO in May this year marked an important milestone for both the Company and our shareholders. Going forward, we will continue focusing on investing in technology and leveraging our intellectual property, offering our smart campus solutions to a growing number of partnering schools. In addition, we will expand our focus to include computer science major, continue investing in sales and marketing activities to recruit art students for our one-on-one consulting services, and expanding classroom-based pre-session training services based on our current proven one-on-one consulting.”
Fiscal Year 2019 Financial Highlights
Revenue increased by 9.3% year-over-year to $5.26 million for the fiscal year ended December 31, 2019 from $4.81 million for the prior fiscal year.
Gross profit decreased by 10.0% to $1.90 million for the fiscal year ended December 31, 2019 from $2.11 million for the prior fiscal year.
Gross margins were 36.1% and 43.8% for the fiscal year ended December 31, 2019 and 2018, respectively.
Income from operations was $0.52 million for the fiscal year ended December 31, 2019, compared to income from operations of $0.82 million for the same period of the prior fiscal year. Operating profit margin was 9.9% for the fiscal year ended December 31, 2019, compared to operating profit margin of 17.1% for the prior fiscal year.
Net income was $0.44 million for the fiscal year ended December 31, 2019, compared to $0.92 million for the prior fiscal year.
Basic and diluted earnings per share were $0.09 for the fiscal year ended December 31, 2019, compared to $0.17 for the prior fiscal year.
Fiscal Year 2019 Financial Results
Revenue
Revenue increased by 9.3% year-over-year to $5.26 million for the fiscal year ended December 31, 2019 from $4.81 million for the prior fiscal year. The increase revenue was mainly attributable to increased revenue from our technological consulting services for smart campus solutions in 2019 as compared to 2018.
For the fiscal year ended December 31, 2019, revenue from sino-foreign jointly managed academic Programs increased by $0.07 million, or 2.9%, to $2.48 million from $2.41 million for the prior fiscal year. The increase was primarily attributable to an increase in average tuition fee of 18.8%, or $158 per student, with FMP and increase in average tuition fee of 11.4% ,or $119 per student, with Strait College as a result of our good reputation, attractive learning environment and strengthened marketing efforts, offset by a decrease in the number of students by 153, or 6.4%, from 2,389 students in fiscal year 2018 to 2,236 students in fiscal year 2019 because we stopped recruiting and enrolling new students into the FUT ISEC Program after the Class of July 2018 graduated. We also suspended recruiting for the NZTC Program after students graduated in July 2019.
Revenue from sales of textbooks and course materials decreased by $0.02 million, or 55.7%, to $0.01 million for the fiscal year ended December 31, 2019 from $0.03 million for the prior fiscal year. The decrease in textbook and course material sales was primarily due to the adjustments made by our partnered schools FMP and Strait College in teaching course content and curriculum settings, as a result of which, FMP and Strait College purchased textbooks and course materials from other vendors in order to match the new curriculum settings. This led to the decrease in our textbook sales in 2019.
Revenue from overseas study consulting services decreased by $0.02 million, or 4.0%, to $0.53 million for the fiscal year ended December 31, 2019 from $0.55 million for the prior fiscal year. The decrease was mainly because a decrease in the number of students pursuing art majors in foreign countries.
Revenue from providing smart campus related technological consulting service increased by $0.41 million, or 22.6%, to $2.23 million for the fiscal year ended December 31, 2019 from $1.82 million for the prior fiscal year. The increase was mainly due to the fact that the number of smart campus projects we undertook increased during 2019.
Cost of revenue
Cost of revenue increased by $0.66 million, or 24.4%, to $3.36 million for the fiscal year ended December 31, 2019, from $2.70 million for the prior fiscal year, primarily due to the increased hardware and software costs of $0.32 million associated with the smart campus projects, and increased salary, welfare and insurance costs for teachers and faculty by $0.18 million because we hired more qualified teachers to provide one-on-one tutoring to the students for our overseas studying consulting services.
Gross profit
Gross profit decreased by $0.21 million, or 10.0%, to $1.90 million for the fiscal year ended December 31, 2019, from $2.11 million for the prior fiscal year, while gross profit margin decreased by 7.8%, from 43.9% in fiscal year 2018 to 36.1% in fiscal year 2019. The decrease in gross profit was primarily due to our decreased revenue from study abroad consulting services when average service fee decreased by 16.0% because of a decrease in the number of students pursuing art majors in foreign countries. In addition, our smart campus related technological consulting services require both hardware and software application and our costs associated with undertaking these projects were relatively high. As more smart campus projects were executed by us in 2019, our gross profit and gross margin decreased.
Operating expenses
Selling expenses decreased by $0.11 million, or 15.7%, to $0.59 million for the fiscal year ended December 31, 2019, from $0.70 million for the prior fiscal year. This decrease in selling expenses was attributable primarily to a decrease in our brand advertising expenses by $15,713, a decrease in salary and employee welfare benefit expenses by $123,670, resulting from cutting down our sales and marketing personnel, offset by an increase in rent expenses by $101,687.
General and administrative expenses increased by $0.20 million, or 35.2%, to $0.78 million for the fiscal year ended December 31, 2019, from $0.58 million for the prior fiscal year, primarily due to an increase in audit fees of $360,000 in connection with the audits and reviews of our financial statements for our initial public offering (“IPO”), offset by a decrease in rent and property management expense by $70,603 and a decrease in office expense by $57,355.
Interest Income
Interest income decreased by $82,806 or 93.1%, to $6,120 for the fiscal year ended December 31, 2019, from $88,926 for the prior fiscal year. In 2018, we advanced a $1,997,726 (RMB13 million) interest bearing short-term loan to a third party Jinjiang Hengfeng Trading Co., Ltd. (“Hengfeng”) as working capital, with interest rate of 5% per annum. As a result, we reported higher interest income on the third-party loan in 2018. In 2019, our interest income primarily related to interest income generated from our bank deposits.
Other Income
We recorded other income of $0.07 million for the fiscal year ended December 31, 2019, compared to $0.18 million for the prior fiscal year. This decrease was primarily due to the decrease in the immediate refund of the levied VAT tax in 2019.
Provision for Income Taxes
Provision for income taxes was $0.16 million for the fiscal year ended December 31, 2019, a decrease of $0.01 million from $0.17 million for the prior fiscal year due to our decreased taxable income.
Net income
Net income was $0.44 million for the fiscal year ended December 31, 2019, compared to net income of $0.92 million for the prior fiscal year. Basic and diluted earnings per share were $0.09 for the fiscal year ended December 31, 2019, compared to $0.17 for the prior fiscal year.
Financial Condition
As of December 31, 2019, the Company had cash of $1.70 million, compared to $2.08 million as of December 31, 2018.
Net cash used in operating activities was $0.34 million for the fiscal year ended December 31, 2019, compared to net cash provided by operating activities of $0.26 million for the prior fiscal year.
Net cash used in investing activities was $0.47 million for the fiscal year ended December 31, 2019, compared to net cash provided by investing activities of $1.88 million for the prior fiscal year.
Net cash provided by financing activities was $439,193 for the fiscal year ended December 31, 2019, compared to $8,094 for the prior fiscal year.
Recent Developments
On May 13, 2020, the Company announced the closing of its IPO of 1,333,333 ordinary shares at a public offering price of $6.00 per share, for total gross proceeds of approximately $8.0 million before deducting underwriting discounts, commissions and other related expenses. The shares commenced trading on the Nasdaq Capital Market on May 8, 2020 under the ticker symbol “CLEU.”
About China Liberal Education Holdings Limited
China Liberal, headquartered in Beijing, is an educational services provider in China. It provides a wide range of services, including those under Sino-foreign jointly managed academic programs; overseas study consulting services; technological consulting services for Chinese universities to improve their campus information and data management system and to optimize their teaching, operating and management environment, creating a “smart campus”; and tailored job readiness training to graduating students. For more information, visit the company’s website at ir.chinaliberal.com.
Forward-Looking Statements
This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
Investor Relations Contact
China Liberal Education Holdings Limited
Email:ir@chinaliberal.com
Ascent Investor Relations LLC
Ms. Tina Xiao
Email:tina.xiao@ascent-ir.com
Tel: +1 917 609 0333
Revenue increased by 9.3% year-over-year to $5.26 million for the fiscal year ended December 31, 2019 from $4.81 million for the prior fiscal year.
Strong close today into the 5s
$CLEU EXPANSION has already started and with $8M, they can do even more!
We started our operations in Beijing where our headquarters are located. We established our first branch in Fujian Province in 2011 and subsequently expanded to various locations in the PRC, covering the cities of Hangzhou, Fuzhou, and Ji’nan on the east coast of China.
http://ir.chinaliberal.com/overview.html
Agreed, with volume $CLEU can move exponentially.
That's a substantial increase...and with concerns over the Corona Virus still, on-line teaching with grow exponentially!
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: | China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", the "Company", or "we"), an educational services provider in China, providing, among other services, smart campus solutions, today announced that the Company has cooperated with some enterprises to provide graduates with internship and employment services (the "Services"). |
On August 24, 2021, more than 200 students recommended by the Company participated in an internship interview at a wholly owned subsidiary of Fuyao Glass Industry Group Co., Ltd. (SHA: 600660) ("Fuyao Group") in Tianjin. Fuyao Group is a large multinational company specializing in the manufacture of automobile safety glass and industrial technical glass. Among the 200 students, 130 passed the first round interview and will enter the second round interview to be conducted soon.
So far, the Company has established partnerships with a dozen institutions including Hebei Youth Management Cadre College, Xuanhua Vocational College of Science and Technology, Shijiazhuang Vocational College of Economics, and Shijiazhuang Vocational College of Science, Technology and Engineering. The Company has helped about 300 students to successfully obtain internships or full-time positions from well-known companies such as Semiconductor Manufacturing International Corporation, JD Logistics, BOE Technology Group Co., Ltd, Meituan, Huadong Medicine Co., Ltd., Beijing Chunfeng Pharmaceutical, and Beijing North China Zhixing Kindergarten. It is estimated that the total number of students to be served this year will be over 500, which will be five times the number of last year.
The 19th National Congress of the Chinese Communist Party advocated for the improvement of vocational education and training system, the integration of industry and education, and school-enterprise cooperation. Vocational education is an important foundation for cultivating technical and skilled talents, promoting employment and entrepreneurship innovation, and promoting the level of manufacturing and service in China.
Ms. Ngai Ngai Lam, Chairwoman and CEO of China Liberal, commented, "We are committed to providing graduating students with tailored job readiness training, acting as the key bridge between our partner schools and employers. We expect this line of our business to achieve geometric growth in the next few years and become a new revenue growth point of the Company. With the continuous introduction of favorable policies for vocational education and the integration of industry and education, we expect to seize this important opportunity and leverage our experience in the internationalization of vocational education as well as the integration of industry and education. Looking forward, we plan to actively promote the construction of a big data platform to assist college students with internship and employment search, explore a new model of school-enterprise ordering classes, and cooperate with enterprises to cultivate future-oriented innovative talents."
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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