Koolearn Technology May Be Weighed by Intense Competition -- Market Talk
Koolearn Technology May Be Weighed by Intense Competition -- Market Talk
DJ Koolearn Technology May Be Weighed by Intense Competition -- Market Talk
DJ庫倫科技可能會受到激烈競爭的影響--市場談話
0619 GMT - Koolearn Technology may be weighed by intense competition in the education sector with customer-acquisition costs up 20%-30% due to an increasingly saturated market, Daiwa Capital says. The Japanese investment bank raises its 2022-2023 revenue estimates for Koolearn due to stronger-than-expected growth momentum in the K12 segment, although this may be partially offset by weak college-education course sales. Koolearn is starting to explore offline marketing campaigns, which may help the company to differentiate itself from its competitors, it says. Daiwa cuts target price to HK$35.00 from HK$38.00 but maintains its outperform rating. Shares are down 0.6% at HK$32.35. (yiwei.wong@wsj.com)
0619GMT-大和資本(Daiwa Capital)表示，由於日益飽和的市場，酷學科技可能會受到教育行業激烈競爭的拖累，客户獲取成本上升20%-30%。由於K12業務的增長勢頭強於預期，這家日本投資銀行上調了Koolearn 2022-2023年的收入預期，儘管這可能會被疲軟的大學教育課程銷售部分抵消。Koolearn表示，該公司正開始探索線下營銷活動，這可能有助於該公司將自己與競爭對手區分開來。大和銀行將目標價從38.00港元下調至35.00港元，但維持表現優於大盤的評級。該公司股價跌0.6%，報32.35港元。(yi wei.wong@wsj.com)
(END) Dow Jones Newswires
(完)道瓊通訊社
November 23, 2020 01:19 ET (06:19 GMT)
2020年11月23日東部時間01：19(格林威治時間06：19)
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