Overseas Education Limited (SGX: RQ1) (OEL) operates Overseas Family School – an international school which offers the K-12 International Baccalaureate for children of expatriate parents living in school. The school has over 3,800 students of over 70 nationalities and has been around for more than 20 years. You might have noticed the school when it was located along Paterson Road (especially if you frequented the public carpark behind Ngee Ann City), but the school has since moved to new premises in Pasir Ris – a far cry from the bustle of Orchard Road. OEL’s share price has been on a downtrend since 2014. It hit a peak of $1.02 in June 2014 but the stock is now trading at just 43.5 cents (as at 15 July 2016). With a falling share price and uneven profits, will Overseas Education be able to justify its investment in a larger campus ......