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Thursday, 01/11/2007 1:53:57 PM

Thursday, January 11, 2007 1:53:57 PM

Post# of 585
CEDA My pick for 2007

China Education Alliance is in the business of providing online educational services including exam preparation outside the centralized Key High Schools, vocational training for recent graduates and continued professional development training. Their range of educational services is extensive, see the sec web site for a full review.

Here is their web site in English: http://www.chinaeducational.com/

Current assets are $5.8 M and current liabilities are $3.3 M
Sales and earnings have been trending up strong with the current Q3 up 100% and 9 months up 4 X. The company is profitable with .021 earnings per share for Q3 on 58 million shares out. http://www.sec.gov/Archives/edgar/data/1203900/000114420406047628/v057542_10qsb.htm

Recent developments:
Acquired Harbin Compass Vocational Training School (CVTS). CVTS focuses on vocational IT training and offers leading programs for Network Engineering and ACCP Software Engineering. Expected to add $1 million in sales.
http://biz.yahoo.com/prnews/070104/cnth015.html?.v=12

Job placement program.
http://biz.yahoo.com/prnews/070108/cnm024.html?.v=1

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