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China Education Resources Inc. (CHNUF)
Other OTC - Other OTC Delayed Price. Currency in USD
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30 reactions on $CHNUF conversation
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I’m really confused why people would be selling this stock. It has great financials, a platform with millions of posts, is based and regulated in Canada (huge positive) and has upside to capture the growing shift in the education requirements and desires of the Chinese market. This is easily a 100m company today and if they can figure out a subscription service it’s a $200m company (100k teaches, $200 a year, 10% discount rate which is under $3 a year per student).
CHINA EDUCATION RESOURCES INC. (CER)
A LEADER IN THE WORLD LARGEST EDUCATION SYSTEM
TSX-V – CHN
OTCQB - CHNUF
Outstanding shares: 47,364,982 common shares
Current price: $0.045
Price/Sales Ratio: 0.20
Price/Earnings Ratio: 4.0
MAIN SOURCE OF INCOME & PROFITS:
CER’s China-based operating subsidiaries have contracts with educational authorities and schools in 20 provinces of China;
1.8 million K-12 teachers were trained by the company’s teacher training programs;
2,000 online teacher training courses for the continuous education of teachers;
More than 100,000 K-12 online lesson plans;
Continuing to develop new educational content as well as upgrade the CER Portal’s technology; CER, together with its partners, has completed the most comprehensive high-quality soccer textbooks with both online and offline solutions for its soccer education program;
Launched online IT Proficiency Training Program designed to improve the IT application proficiency of K-12 teachers;
The program includes a set of 130 training courses plus supplemental materials.
OUR CHINA K-12 MARKET OPPORTUNITY
• 400,000 schools
• 12 million teachers
• 230 million student
This could be a big one. I was looking into their competitors and they range from 26 dollars a share to 200 dollar a share. These guys are by far the best value at the moment. Easily a dollar by Friday!
Michael, This is very simple. The stock did not trade for years
Canadian officers/directors have very lmited competence.
There is no market awreness on TSX.V and OTCQB for CHN.V and CHNUF
Management only look at free IR
Free IR last only so long.
Buying more on Monday. Having spent over 10 years working in Asia I can tell you this is the future. There classrooms have 80 students in a class and those numbers are only increasing. Digitalizing education is the future and the government is now backing them. I wish I bought more today. Cheers.
100,000 teachers at 80 students is 8 million kids. If each student even pays $1 a month to use this to learn that is $96,000,000 a year just some food for thought.
been a long time owner what is going on here
Why is the sudden drop from 0.36 to 0.22?
MAy somebody tell me why this stock came out of hibernation recently ??
The stock has been sleeping for more than ten years. Traded at $2 in year 2000. Hope it reports positive earnings for Q4
Is it a dead cat bounce ???
The best kept secret, a 0.03¢ bluechip CHN.V & CHNUF OTCQB
Their website has no job listings. It has no information for parents or students, nor does it even mention what materials they use. All it has is generalities about the growth of online teaching in China. Why would anyone think this is not a scam?
These guys take a huge amount as salaries that's why I left.
Allez les bleu
Is anyone following this stock besides me and mikey?
Allez les bleu
so tired of being patient with this stock... when will we have LIFT-OFF?
Are Q4 financials released tomorrow?
Good Opportunity to swing this stock!
What is the premarket doing?
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