Education Development Share Discussion Threads

[rcktmn] 13/5/2008 08:59

moving on up as we speak!

[rcktmn] 13/5/2008 08:53

bought some more this morning...had to pay 44p but hope to gain a 50% profit over the next few months ! (imho)

[hectorp] 13/5/2008 08:11

Morning CR
Interestingly, this was my previous occupation ( running an English Lanaguage operation). So I'm well able to recognised the qualities of the company's market.
I'll be sticking these away for the results.
H/

[cockneyrebel] 12/5/2008 17:24

Yep, and how many realise this is an Interlectual Property co. I doubt many. But their IP can be used over and over again at little or no extra cost - which is why the gross margins are nearly 80%.

CR

[bookworm1] 12/5/2008 17:15

sranmal well spotted. I don't know how AiW does it? He ought to be called the 'scarlet pimpernal' - he attended three AGM's last week on the same day and then did a fantastic write up of them all in his own unimmitable style. I am in awe of his prolific output! Not only is he thorough & comprehensive but he has left no stone unturned on EDD - IMO a superb write up.

'One education company - four leading brands'

[sranmal] 12/5/2008 16:20

A nice write-up courtesy of AiW on MF:

[matt] 12/5/2008 12:42

Thanks bw1. Edited above.

[bookworm1] 12/5/2008 12:32

Matt you might want to edit your link to point to JT's first response on being message no 10248 My reply was message 10254 and his response was 10261.

The key bit that we could discuss being;
JTCod - 12 May'08 - 07:48 - 10261 of 10270
"If you look at the 5 year balance sheet, intangibles have risen every year rising to a 2007 level of £7.37m (after deflationary offsets throughout those 5 years.) If I assume these companies were bought on similar PE's to the company then £1m of the £2m profit could well have been contributed from acquisitions leaving £1m from the original core business. Approx. £0.4m of that will go later in the year leaving them with what looks like an 'organic contraction' or at least stagnation of business against 2003 which showed £0.7m. (I didn't say 2002 because that was a loss with big exceptional costs that incidently wipe out almost everything they have shown as profit in the last 5 years). I think this is the type of business that is unlikely to grow much without continual acquisitions. The management talk about organic growth but I think they are hiding the truth."

I thought JTC's concern related to the outstanding lease obligation/liability but looking at the figures he has quoted it seems to be the goodwill on acquisition that is giving him concern. I think that his assumptions about the business model are wrong but will reconsider the figures before replying.

[cockneyrebel] 12/5/2008 12:13

A bit of stock cleared from those large trades - these got a great tip in SCSW last week, the main tip - the way they spoke the expectations here are very under rated and likely to surprise to the upside imo.

CR

[gac100] 12/5/2008 11:42

Let's see how high this head of steam takes us ...

[matt] 12/5/2008 08:15

A couple of EDI comments by JT over the weekend.



Edit (Thanks bookworm1)
bookworm1 - 12 May'08 - 13:32 - 272 of 272
Matt you might want to edit your link to point to JT's first response on being message no 10248 My reply was message 10254 and his response was 10261.

[cockneyrebel] 09/5/2008 19:37

1 mm = market maker.


4 weeks to the results - very confident thee will go a lot higher as punters buy before or once they see the results.

CR

[res1606] 09/5/2008 19:32

1mm or 1,000,000? Who from?

[cockneyrebel] 09/5/2008 11:29

Just 1mm left on the offer.

I think these are moving up soon

CR

[nicedude1976] 09/5/2008 10:32

I dont think you can put lines to that chart like this. Anyway, still in the uptrend.

[bookworm1] 08/5/2008 19:11

The last time the 20 SMA rose above the 50 SMA we got a 16% rise in the price back in Feb and it looks like the same is about to happen again plus we have got the H1 results due in June which are looking like they should be on target. 48p IMO fairly soon.

[cockneyrebel] 07/5/2008 20:08

Agree gac100 - looks primed on the chart to move up here too.

CR

[rcktmn] 07/5/2008 20:05

all to play for...should be an interesting 4/5 wks!

[gac100] 07/5/2008 18:08

LTBH for me so don't mind it being ignored in the short term - value will out eventually. If you're trading it on a shorter timescale it must be a mite frustrating given the great fundamentals. Still, interims on 5 June and if the share price doesn't move up before, the results should give it a hefty kick up the backside!

[cockneyrebel] 07/5/2008 17:58

Being severely ignored at the moment.

From the Trading statement:

"The early integration of the ASET business will bring additional benefits during the second half of this year and on into 2008/09. As result of this and the other positive factors reported here, we expect to exceed market expectations for the current year."

You have to be very confident or well ahead to be able to say that in H1.

Even more encouraging is the recent director buying:

Education Development International plc ('EDI' or the 'Company') announces that it has today been notified that Richard Price, Chairman and Non-Executive Director, today purchased 200,000 Ordinary Shares in the Company at 42.5 pence per Ordinary Share.

Following the above purchase, Mr Price has an interest in 700,000 Ordinary Shares in the Company, representing approximately 1.2% of the Total Voting Rights.

Gross margin of 79% at EDI too.

CR

[rcktmn] 07/5/2008 10:05

Hopefully, we'll see more good press and a strong rally leading up to the results !

[cockneyrebel] 07/5/2008 09:17

Another mention in SCSW this weekend ahead of the results?

Still below the price directors were paying recently

CR

[cockneyrebel] 18/4/2008 16:50

Got to make a new high soon - especially if this market stays firm.

CR