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Overseas Education Limited – FY2012 Results
By Mr. IPO  •  March 9, 2013
Overseas Education Limited ("OEL") announced its FY2012 results.

I have recently added the counter to my SRS account. The post is here.

The results as follows":


Revenue increased by 7.9% to $96.4m and net profit increased by 6.1% to $20.7m. My profit forecast in my IPO write up was $18.95m.  The EPS is 7.8c based on the pre-ipo shares but if based on the total number of outstanding shares, the EPS will be 4.97 Singapore cents versus my forecast of 4.85c. As you can see, i try to be more conservative in my forecast. :-P

This translate into a 2012 PER of 11.67x at the current share price of 58 cents. A dividend of 2.75 cents per shares has been declared and will be paid on 21 May 2013. The shares will go X-D on 9 May 2013. This translate ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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