Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

China Education Resources Inc V.CHN.H

Alternate Symbol(s):  CHNUF

China Education Resources Inc. is a Canada-based education technology company. The Company provides an education Internet portal with educational content, resources and training programs to users in People’s Republic of China and distributes educational textbooks and materials developed by the Company to bookstores and schools in China. The Company provides online/offline learning, training courses, as well as social media for teachers, students and education professionals. Its product portfolio includes textbooks, teacher training, online portals, customized education solutions, online tutoring and soccer education. The Company’s product portfolio includes the kindergarten to grade 12 (K-12) teacher blog system in China. Its blog site is used by approximately two million teachers, education professionals and students. It has developed approximately 2,000 online teacher training courses and 100,000 K-12 online lesson plans. Its operations span approximately 20 provinces in China.


TSXV:CHN.H - Post by User

Post by bigmack1on Nov 15, 2016 9:20am
190 Views
Post# 25461570

Anual Sales

Anual Sales
2008 -  $336,706
2009 - $2,790,137
2010 - $5,436,165
2011 - $6,553,140
2012 - $7,391,934
2013 - $10,085,422
2014 - $10,085,662
2015 - $12,715,834
2016 - ?

If you look at the unaudited accounts receivables from June 30 2016 it is eye opening. $8,286,123 is a sizable sum. Could this coming earnings be a pleasent surprise for investors? My money is firmly positioned on a resonent yes. 

CHN have been re-investing capital over the last 8 years and now its money making time. The 600k is secured against their accounts receibables and banks do not toss money like that around lightly. 

The single most important question I pose to the rest of you is what do you think CHN will be using the 600K for? Is it to float the boat? A boat that happens to be loaded with an increase of 2,000,000.00 anualy. 

It looks to me like they have been investing in their own business and are now in a position to make money every quarter. 





Bullboard Posts