Europasia Education Share Discussion Threads

[timely] 24/5/2007 18:40

An interesting development today.

[timely] 17/5/2007 20:51

Don't give up hope just yet imo ! I am sure the company will be trying to find an alternative way forward over the next few weeks.

[vish65] 17/5/2007 09:34

Exactly - nothing. which is why i got out at 6p. Got enticed via IC mag as usual but glad to be out. Its never been clear to me what EPE really stands for. The school is too small and the investments as you say very illiquid. Dont think EPE ever really could consider itself an AIM co. I always thought LDC would take it out and merge it - failing that its only really worth break up value .

This is another one sold / promoted on its Chinese background but i'm learning that doesnt just mean it ok's or good. In fact not many good/stable/solid chinese related co's to invest in

[tyranosaurus] 17/5/2007 08:37

What exactly have EPE got ?

Stakes in 2 Chinese PLUS listed companies which are highly illiquid. If they sold £1000 shares in either the price would probably go down.
A small business in UK which appears to be loss making.

A website that`s down.

China Education and Dalian may well be better being listed on a Chinese or HK market instead. which wouldn`t help us small investors in the UK.

[mercedes] 16/5/2007 17:15

tyran

No idea what`s going on here..............I`m in at 5.5p average.............looked to be a good bet at the time???? Oh hindsight is a wonderful thing. Just have to sit back and hope.

Merc

[tyranosaurus] 16/5/2007 15:34

Offer talks terminated.
Would be nice to know why.

Price now at a 5 year low.
Shame I topped up at 4.65p a week ago.

[timely] 09/5/2007 20:52

Agreed. Bound to take a while given the interests of the EPE directors in both camps. A nightmare for the advisers.

[tyranosaurus] 09/5/2007 17:39

Let`s have an update on this so called offer around 5p.

[tyranosaurus] 28/4/2007 15:37

Not a single buy since the talks were announced.
Only small sells, some of them ridiculously small.

[tyranosaurus] 17/4/2007 08:38

Looks as if we are being sold at 5p per share.

That means I will make a loss on these.

[boonboon] 30/3/2007 15:39

China Education Group Ltd - Interim Results


CHINA EDUCATION GROUP LIMITED
("CEG" OR "THE COMPANY")

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2006
CHAIRMAN'S STATEMENT

I am pleased to announce a strong set of interim results for the six months
ended 31 December 2006.

HIGHLIGHTS INCLUDE:
* Profit after tax of GBP2.06 million
* Revenue of GBP2.1 million
* Revenue and profits of Chinese operating business up 18.2% and 18.7%
respectively on pro forma comparatives (in China currency terms)
* Student numbers of 13,000 at 31 December 2006, up 25% since 30 June 2006
year end

FINANCIAL AND OPERATING OVERVIEW
CEG, incorporated in Jersey, has a management contract to run Shandong
International Institute of Translation, a private college based in Shandong
Province, China ("SIIT"), which has two campuses, the original one in Ji'nan
and a new campus in Weihai. Under the contract, CEG is entitled to 90% of the
income derived from the running of SIIT, including both student fee income and
the provision of related services such as accommodation and food.

Revenue for the six months ended 31 December 2006 was GBP2.1 million, with
profit after tax amounting to GBP2.06 million. On a pro forma basis, assuming
that the business had been owned by CEG at the comparative period in 2005,
revenue increased by 10.2% from GBP1.9 million to GBP2.1 million whilst profit
after tax increased by 10.7% from GBP1.9 million to GBP2.1 million. In Chinese
currency terms, revenue and profits increased by 18.2% and 18.7% respectively
although with the strengthening of Sterling relative to the Chinese currency,
the increases in Sterling terms were lower.

Student numbers increased by 25% to 13,000 over the six month period to 31
December, with the 2006/7 academic year starting in July 2006. The increase in
students is a direct result of the continued development of the new Weihai
campus. The student numbers at 31 December 2006 of 13,000 are marginally lower
than the 13,800 reported at 30 November 2006 due to insufficient accommodation
at the Weihai campus to accommodate all the new students, with the result that
some students were subsequently placed at other colleges in December 2006. As
our revenue and profits are directly linked to the number of students we have,
we are working hard to finalise the remaining construction of the Weihai campus
to meet the increasing demand for our education courses.

OUTLOOK
We remain optimistic for the future of our business as the education sector
continues to receive increased attention and government focus as China's
economy maintains its rapid development.

Our continued focus is on expanding the Wehai facilities to accommodate more
students to generate further profits for the Group.

Chengwu Sun
Chairman
30 March 2007

[timely] 26/3/2007 19:26

Interesting. Does it have anything to do with preparing the way for the whatever the Directors have in mind for the company or just a technical thing they have to publish?

[tyranosaurus] 26/3/2007 18:44

What the hell is the meaning of todays RNS ?

Everybody has the same number of shares as before.

Have their percentages changed ? If so why.

These type of RNS`s ought to be referred to the Plain English Society.

[tyranosaurus] 10/3/2007 20:47

There`s nobody there to make anything happen.
I sent them an email 4 days ago and have got no reply.
I sent an email to CEG but it got returned as undelivered after 4 days.
I re-sent it and the same happened.

[timely] 10/3/2007 07:47

No news for a few weeks. I wonder if anything will happen this Spring?

[tyranosaurus] 26/2/2007 23:11

A trade of 7000 shares and the offer price goes up 0.5p.
Then a buy of less than 2000 shares at the new offer price.

ROFLMAO

[mercedes] 22/2/2007 16:43

Over 1mill in buys going through during the last couple of weeks!!!!!!all around .475,something is about to move I think??

Merc

[timely] 14/2/2007 19:05

Let's hope so.

[tyranosaurus] 14/2/2007 18:02

A 500,000 buy today.
Perhaps there is life in EPE after all.

[timely] 06/2/2007 19:33

I may top-up too but have been waiting to see what Simon Littlewood does on behalf of the company. Last year he bought the surplus shares in the market. It is an absurd price given the value of their investments.

[tyranosaurus] 06/2/2007 18:22

Come on you MM`s, how about a tighter spread.

At this rate I may hold out for 4.2p instead.

[timely] 31/1/2007 20:03

I'm bored already!

[tyranosaurus] 31/1/2007 18:45

Thought there should be a posting in january.

I posted 30 Nov and 29 Dec.

These appear to be lacking support and have drifting down to a 12 month low.
I`m looking to top up at a maximum of 4.4p if they fall this low.
Otherwise I will just sit and get bored !!!

[timely] 29/12/2006 18:11

Slight increase in offer share price.