Wey Education Share Discussion Threads

[netcurtains] 03/3/2017 18:09

WC: Its probably worth pointing out that the company I was talking about earlier, PVG, now has a market cap of £40M ... If we got to the same it would make WEY be an almost SEVEN BAGGER...

The point in the cycle WEY is at compared to PVG is possibly just a few months away (I had to hold PVG for quite a few months before it took off).

If you think about it PVG has just proved its business model is working really well in the USA. If WEY can get some clear signs of constant growth and profits from the next set of results (or the one after) thus "proving" its model works, we should see some big rises to come. Its quite possible that we are just at the beginning of an interesting story.

Lets see how the months unfold. Who know how far this can go

[ny boy] 02/3/2017 18:54

Netcurtains, I wouldn't worry about that, if you are buying for a 2-5 year hold, makes no difference about short term excitement

[ny boy] 02/3/2017 18:19

You sound a bit of a naughty pensioner woodcutter 😄

[woodcutter] 02/3/2017 18:01

This is a nice quiet board at present we don't need all the trading morons to get wind of it so best policy is to keep it under the radar so we can keep accumulating as hopefully good results get delivered.

would you tell you wife/husband, or anyone else for that matter, you were having an affair?

woody

[netcurtains] 02/3/2017 16:03

QS99: My problem is I want to advertise this opportunity to my fellow message board writers but I do not want the price to run away too early - it will only end in tears. I'm at a bit of a loss as to how to write about this company without damaging the potential for others. It is potentially a very good long term investment as long as it does not rocket up and down on the way ruining it for people who get shaken out.

[qs99] 02/3/2017 15:24

looking good again, let's hope it can keep these gains....look forward to prelims...

[miti 1000] 02/3/2017 13:18

I actually like the new ''schools'' they are going to open this year to cater for premium education ie. to get into university's. I think that should prove to be a very good moneyspinner.

Should add I've bought into it today.

[woodcutter] 02/3/2017 13:10

net... this is a little dated but it serves to demonstrate whats possible. As of the school year 2015 there were 517113 students in independent UK schools, not sure if that includes overseas students. If WEY get just just 2% of that it would be over 10000 students.

WEY are opening up the opportunity for less financially well off to offer their children a private education and also a disruptive technology to the conventional high cost bricks and mortor boarding school education.



woody

[woodcutter] 02/3/2017 12:59

whilst that is interesting it looked like a sponsored article to get readers to invest in killiks school funds..................call me a cynic if you will

woody

[woodcutter] 02/3/2017 12:01

I'm a pensioner, a bit old for school holidays

wc

[netcurtains] 02/3/2017 09:08

woody: I also invest in PVG. They are computer software company for pets/vets. They are hitting massive growth in USA. I think the same story could be true for WEY, there are lots of places around the world that want a "british" education . The market is massive

To get revenue up : Sell school sweat shirts, mugs, uniforms, "Field Trips", School holidays/outings (just like a private school). If you have ever been on a private school holiday you will note how much they cost - some of that is clearly profit for the schools

[woodcutter] 02/3/2017 08:59

net as a rough guide if they can get the annual students up to 2000 and increase the revenue/student from £2347 to £2500 which isn't unreasonable then with total revenue of £2.5m/year at say 50% gross margin and £1.25m o/heads we could be looking at eps of around 1.25p within a year or so.

on a per of say 15 that's an share price of around 18.75p...........multibags maybe

Crack the China market and assume 4000 students and the positive operational gearing takes us into FEVR land

Then again they may stall at 1000 students, we watch with interest.

Very much under the radar at present and nice quiet board too

woody

[netcurtains] 02/3/2017 06:57

This company has blue sky growth potential. There is a huge huge market and nothing much out there that can stop it growing strong year in year out. Someone has lit the touch paper and this should rise year in year out. There is no nothing stopping it.

Everyone on planet earth knows by now that youtube type lessons work really really really well. BOOM!

[netcurtains] 01/3/2017 15:40

two other reasons reason why online education works
====================================================
(a) There many teachers who are on maternity leave or have young children. Being able to work from home is potentially a huge bonus for them. For sure the rates will probably be less but at least its money coming in! Thus its unlikely WEYs growth plans will be stumped due to lack of qualified teachers.
(b) With real time school famous guest speakers are rare and when they do come its a "one off" appearance, With interhigh the same guest speakers speech can be played almost an infinite number of times. This also goes for normal lectures. In the scheme of things, some teachers will be better than others. Since all lessons are backed up, the extra good ones can be "star rated" and used for revision and general study. A bit like i-tunes and their star ratings for specific recordings.

Go InterHigh! ps great post Woody - Thanks (see above)

[netcurtains] 01/3/2017 06:54

Would be nice if TW commented on WEYs announcement that they have plenty of cash and have been paying debts off with shares. What this GREAT penny share needs is some professional tipsters to give it some backing.
Come on guys out there, this is an interesting story.
Give it some coverage.

[netcurtains] 28/2/2017 18:15

Woodcutter: If it dips I'll be buying a few more. I suspect the 500k dumper hopes or expects it to dip too.
For me that would be good news, as unlike you I did not manage (so far) to top up. I was expecting it to fall today..

I will buy in at a higher price but only once we have some momentum going.

[woodcutter] 28/2/2017 16:47

big dump of 500k at the close

wc

[netcurtains] 28/2/2017 14:12

The great things about youtube type education are the STOP and PAUSE buttons...
In real life 50% of the class do not keep up - with youtube we all can

This school is in the right country at the right time. If they keep it steady they will make a fortune...

a blumin fortune mate!!

[netcurtains] 28/2/2017 14:05

We're on our way...
(Sorry I'll get my hat)
LOL

[qs99] 28/2/2017 13:51

very interesting IMO and with net cash still in a very healthy position, this still could move sharply higher...not without its risks, but looks like momentum on trading....how long before it can chuck off £0.5-£1m EBITDA p.a.? with operational gearing high I would presume, 1 or 2 years out? views? DYOR and all IMO etc etc

[woodcutter] 28/2/2017 13:30

added another 100K on the back of this afternnons TS

looks on the cards for break even this year now

woody

[netcurtains] 28/2/2017 13:15

todays RESULTS (just out):
======================================

- Turnover up over 65% on comparable period 2015/16
-- Trading result to be significantly better than 2015/16
-- Cash balances healthy
-- Issue of shares to Chairman in payment of directors fees
Wey Education Plc (AIM: WEY.L), issues the following trading update prior to entering the close period for its interim results for the six months to 28 February 2017 which are scheduled to be announced on 18 April 2017.

The Company confirms the growth it reported in its trading update of 10 January 2017 and the number of students on the roll are now at its highest ever level.

As a result, the Company expects to report turnover for the six months to 28 February 2017 to be approximately 50% higher than the corresponding period last year. The trading result for the period is expected to be significantly better than the corresponding period in 2015/16.

Cash balances remain healthy and are expected to be in excess of the position at 31 August 2016 of GBP909,942 despite increased expenditure on marketing, the cost of development of the new IT platform and the payment of deferred consideration referred to below.

Current liabilities have decreased partly as a result of the final payment of GBP203,308 of deferred consideration in a mixture of cash and shares to the vendors of Interhigh as announced on 10 January 2017. Ignoring deferred income on advance payment of tuition fees and deposits total creditors of the Group are expected to be less than GBP150,000.