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EDD Education Dev

201.50
0.00 (0.00%)
24 Jan 2025 - Closed
Delayed by 15 minutes
Education Development Investors - EDD

Education Development Investors - EDD

Share Name Share Symbol Market Stock Type
Education Dev EDD London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 201.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
201.50 201.50
more quote information »

Top Investor Posts

Top Posts
Posted at 01/9/2010 06:17 by bookworm1
March investors presentation available from company website not flagged up on this board before contains some interesting slides about the market in which they operate (see slides 10 - 14 in particular). Year end 30th September.
Posted at 14/7/2010 07:08 by interceptor2
EI - I did sell out in January which was fortunate, but would never have shorted EDD at the time because there wasn't enough negative information. I very rarely short shares because I'm rubbish at short term timing, but I was sure RM. was a good candidate @ 160p on the day of the Government BSF Announcement. And it still is a good opportunity imv, but I wouldn't state that on the RM. thread. Why upset decent investors when it's only my opinion which could just as easy be wrong. And I have no interest or position.

Steg - Good luck, I will buy some at some stage, but will await confirmation first of little or no effects re - Government cutbacks, but also I would like to buy into strength.

Regards ic2...........
Posted at 26/3/2010 16:47 by bookworm1
not according to this guy..

Jim Slater article in investors chronicle:

"It is hard to find many shares that measure up to my demanding criteria but it is well worth the hunt, because when you find a really good one it can perform magnificently. Last year Education Development (EDI) ticked all my boxes. The shares at the beginning of the year were 37p and are now 131p. Even after this very substantial rise, they are still relatively cheap, and on a very attractive multiple in relation to the growth rate with plenty of spare cash and very strong cash flow."

... plus their current investment programme will increase their capability to deliver even more courses.
Posted at 12/2/2010 10:01 by melody9999
anyone go to the investor day that can report back?
Posted at 21/1/2010 17:05 by interceptor2
Apologies for going off topic, but might be worth keeping an eye on AEC Education AEC, a trading statement is due very shortly. They are moving up in anticipation of a positive statement, and I'm hopefull of AEC replicating EDDs recent growth. AEC are based in Singapore and EDD do have a significant share holding.

For investors like me who have sold out of EDD but still want exposure to this sector, it might be worth a look.
Posted at 11/1/2010 18:19 by bookworm1
Interesting. Lets see how many follow his lead? He might just be profit taking with a view to buying some more back cheaper or he could be taking his money elsewhere. Who knows. Personally I still think your price target of 200p is achievable but earnings will have to grow to 15.4p so it might take EDD a few months to achieve.

Rereading his article published in Investors Chronicle last March

"My own buying, resulting in a current holding of 3.7 per cent, has contributed to the share price having a great run during the past couple of months. And after the announcement of increased profit expectations, there was further buying by directors, who added to their already significant shareholdings.
The tax charge has to be considered as there are just £4.3m of tax losses to be used in 2009 – and they will run out in 2010. Another factor is that the rate of growth will slow from the astonishing 65 per cent, but it still looks as if it should be substantial, especially in relation to the low PE ratio. I find it hard to understand why a company such as EDD in a business so well suited to today's difficult conditions, growing very fast and generating plenty of cash, should be on such a low prospective multiple."

Whilst the companys rate of growth is expected to slow to a more sedate 20-25% the next phase of investment will create plenty of extra capacity.

His support has helped the company build its market capital from £14m to £80m so it may be that some of the institutions will start buying some of this stock now. Nigel certainly gets out and about and by all accounts gets a favourable reception from potentail funders willing to invest.

I suspect that JS is being a bit canny in the short term but long term holding.

Edit: He may have used to money to go back into Vialogy as it has gone up 50% in the last day or two and was one of his shares.
Posted at 24/11/2009 15:24 by penpont
From write up in IC today:

EDI has transformed its business thanks to the successful integration of seven acquisitions. Having spent 18 months without completing a deal, and with plenty of cash in its coffers, investors can expect further activity next year, possibly in publishing, software or psychometrics. Over the next couple of years EDI also plans to invest £2m in its core Campus administration platform which should allow it to scale up significantly without spending much more. Utilising historic tax losses helped boost EPS last year, but EDI should pay a normal tax charge in the current financial year.



'Brewin Dolphin forecasts 2010 pre-tax profits of £9.9m and EPS of 12.5p (2009: £8.6m/11.4p) and expects the cash pile to have risen to in excess of £20m by September 2011.'
Posted at 16/6/2009 21:37 by melody9999
Hi Interceptor - I call it the double whammy! The increase in EPS means the share price should rise to maintain the PE rating. But because the company is growing quickly, it deserves a higher rating so this often provides a further boost to the share price as more investors become interested in the company.

But for a company growing as quickly as EDD, a PE of 23 is hardly demanding. Take a look at ASC!
Posted at 11/6/2009 20:53 by melody9999
Spoke to these guys at the Growth Company Investor Show yesterday. I got the sense business was very brisk - think we can expect further growth here. Let your winners run!
Posted at 23/4/2009 19:05 by interceptor2
Noticed that the last two purchases were at 69.95p right at the top of the spread, another day of investors buying in tomorrow, will see the share price break 70p.

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