StockLogistics
3 years ago
“ In compliance with the Opinion and applicable rules, regulations and measures, the Company plans to cease offering academic subjects to students from kindergarten through grade nine ("K9 Academic AST Services") in the mainland of China by the end of December 2021. The Company expects that the cessation will have a substantial adverse impact on the Company's revenues for the fiscal year ending February 28, 2022 and subsequent periods. In the fiscal year ended February 28, 2021, the revenues from offering K9 Academic AST Services accounted for a substantial majority of the Company's total revenues in the year.”
StockLogistics
3 years ago
“5:03p ET 11/12/2021 - Benzinga
TAL Education Says Co 'plans to cease offering academic subjects to students from kindergarten through grade nine ("K9 Academic AST Services") in the mainland of China by the end of December 2021.
In compliance with the Opinion and applicable rules, regulations and measures, the Company plans to cease offering academic subjects to students from kindergarten through grade nine ("K9 Academic AST Services") in the mainland of China by the end of December 2021. The Company expects that the cessation will have a substantial adverse impact on the Company's revenues for the fiscal year ending February 28, 2022 and subsequent periods. In the fiscal year ended February 28, 2021, the revenues from offering K9 Academic AST Services accounted for a substantial majority of the Company's total revenues in the year.
”
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.“
stocktrademan
3 years ago
TAL buy 6.00
exhaustion gap with just about all rangebound indicators pegged oversold
earlier high volume suggests anyone who wanted to sell already did
now if the sellers are gone, the only ones left are buyers
already seeing volume higher on up moves with volume lower on retracements after the big gap on the daily chart
buyers are active now accumulating shares
weekly chart has the first green candle after so many rare red candles
weekly volume is green at all time high
this is a good time to pick off the bottom, buy in, and get paid to wait
this one is the opposite of buying a stock at the peak only to later be a bag holder with a big loss
https://finance.yahoo.com/quote/TAL/profile?p=TAL
https://www.barchart.com/stocks/quotes/TAL
https://finviz.com/quote.ashx?t=TAL
https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=TAL
https://stockcharts.com/c-sc/sc?chart=TAL,uu[e,a]dhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b
https://www.barchart.com/etfs-funds/quotes/TAL/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=TREND&sym=TAL&grid=1&height=500&studyheight=100&timeframe=2%20Months
normal chart
log chart
normal chart
log chart
JohnCM
3 years ago
China's EdTech Assault Hits Investors From Tiger to Temasek
Lulu Yilun Chen
Sat, July 24, 2021, 8:20 AM
(Bloomberg) -- Global investors from Tiger Global Management to Temasek Holdings Pte are reeling after China imposed the harshest curbs yet on its $100 billion private tutoring and online education sector.
China on Saturday ordered companies that offer tutoring on the school curriculum to go non-profit, potentially wiping out a big chunk of the billions that private equity and venture capital funds have staked on a once red-hot sector.
The platforms have lost their ability to go public -- depriving their backers of the exits they need to cash out. Foreign capital was banned from the sector, with uncertain ramifications for the likes of Singapore’s Temasek and GIC Pte as well as Warburg Pincus and SoftBank’s Vision Fund, which have all invested in many of the industry’s big players. Those in violation of that rule must take steps to rectify the situation, the country’s most powerful administrative authority said, without elaborating.
Beijing on Saturday published a plethora of regulations that together threaten to upend the sector. The nationwide crackdown stems from a deeper backlash against the industry, as excessive tutoring torments youths and burdens parents with expensive fees. Once regarded as a sure-fire way for aspiring children (and parents) to get ahead, it’s now also viewed as an impediment to one of Xi Jinping’s top priorities: boosting a declining birth rate.
Investors risk having to mark down their portfolio drastically or worse, getting battered in a selloff. On Friday, some of the industry’s biggest names, including New Oriental Education & Technology Group Inc., TAL Education Group, Gaotu Techedu Inc. and Koolearn Technology Holding Ltd. tumbled after details of the impending clampdown surfaced.
JohnCM
3 years ago
TAL Education Group Responds to Media Reports
July 23 2021 - 08:02AM
PR Newswire (US)
BEIJING, July 23, 2021 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today noted that certain English and Chinese language media outlets reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in China's compulsory education system. The regulations have not been published, and the Company has not received official notification of the regulations. It's the Company's policy not to comment on market speculations.
About TAL Education Group
TAL Education Group is a leading K-12 after-school tutoring services provider in China. The acronym "TAL" stands for "Tomorrow Advancing Life", which reflects our vision to promote top learning opportunities for Chinese students through both high-quality teaching and content, as well as leading edge application of technology in the education experience. TAL Education Group offers comprehensive tutoring services to students from pre-school to the twelfth grade through three flexible class formats: small classes, personalized premium services, and online courses. Our tutoring services cover the core academic subjects in China's school curriculum as well as competence oriented programs. The Company's learning center network currently covers 110 cities. We also operate www.jzb.com, a leading online education platform in China. Our ADSs trade on the New York Stock Exchange under the symbol "TAL".