I invested in this stock back in 2010 just after it went public at the A-region and kept averaging downwards due to my believe that investment in Education is one of the best, and then I finally sold it off between the C- and D-region after realising that this company is going into a sh*thole.

Lesson learnt - never get involved with companies closely tied with Government policy. Any slight change in Government policy could mean the end of the company.

The same can be said with the situation of TM is in right now. See chart below.