Wey Education Share Discussion Threads

[666james] 18/11/2019 12:23

abergele 2207 Try

[ronwilkes123] 18/11/2019 12:07

Buy limits in place atm - can't buy anythingStrange how sell was dropped

[abergele] 18/11/2019 11:09

I can't see the total of any individual trades from ii (old TDW) of WEY or others, I rang them and they couldn't explain other than Morningstar that shows their formats must be to blame..anybody using ii here.?, I see there has been 8 trades this morning,shows how much the trade was at,albeit you still have to guess it a buy or sell. but no ammounts shown to the trade..thanks if anyone has been using ii

[zulu_principle] 18/11/2019 10:32

Aargh - you're right. Just reread the .pdf on Companies House web site and it clearly states WEY Education is the parent company.

Apologies to all for the incorrect posting. Post No. 2195 withdrawn.

[smithie6] 18/11/2019 10:13

netcurtains

I reckon that sector could get a discount for bulk/volume !!

[abergele] 18/11/2019 10:09

ii,,(tdw),can't buy automatically online only through send/asking to join the queue
never know what you may end up paying that way,,,only a 5000k topup as well.

[smithie6] 18/11/2019 10:08

thanks !

nice that at least 1 person reads my warblings !

[abergele] 18/11/2019 10:02

A very good set of remarks by yourselves this morning Smithie and Netcurtains..
I feel more than "very confident" with my investment here,and may be buying more
before it moves too far and miss another opportunity..gla

[smithie6] 18/11/2019 09:52

today's RNS

so an existing shareholder has bt £80.6k more shares

in a trade linked to a director of a subsidiary & the chairman

a +ve indicator

[netcurtains] 18/11/2019 09:47

Yes Language is big business. In order to become a British National you need to pass this test:

You must pass a Secure English Language Test (SELT) in at least CEFR level B1 in Speaking and Listening for: Indefinite Leave to Remain (to settle) or British Citizenship.



What is B1: WEY Education explains:

[smithie6] 18/11/2019 09:47

growth

its worth noting I think that ~35% was the disclosed organic growth

the group is made up of diff. sections, different products etc (under 2 main subsidiaries)

so, imo, some parts might/will be seeing 10% (35%-10% =25%) growth while another might/will be seeing 60% ! (35%+ 25%)

:-)

[abergele] 18/11/2019 09:43

At least we are traveling in the right direction this morning,,
blue skies here and I see blue from WEY..gla lth's

[smithie6] 18/11/2019 09:28

I strongly disagree

that website says


"Family Sites
www.weyeducation.com
www.interhigh.co.uk
www.academy21.co.uk"

& it was mentioned in an old RNS & included in an investor presentation

it is clearly part of WEY

---

the turnover is miniscule btw
----

& in those accounts it states it is a subsidiary of Wey
----

why do you post something that you know is a lie ??

[zulu_principle] 18/11/2019 09:05

Post withdrawn - factually incorect! Apologies to all.

[hamidahamida] 18/11/2019 09:04

No brainer

[666james] 18/11/2019 08:58

The latest RNS worth a read.

[smithie6] 18/11/2019 08:44

...how the WEY on-line teaching of English works...

"Our students connect onto our learning platform through the internet and are taught in a ‘virtual classroom setting’.... "

here is a link to a web page that explains/illustrates it

at Quoralexis.com a WEY website

hxxps://quoralexis.com/mode-of-delivery/online-schooling-defined/

[smithie6] 17/11/2019 18:23

one interesting possible factor
is that the valuation at ~11p-12p is arguably about right

however-although-but....who wants to sell ?!, just in case the co. were to achieve on going high growth for say the next 2 years....in which case the share price in 2-3 years wld surely be higher

& if no one is selling then we only need a small amount of buyers to gradually push the share price up over time.

..its one possible theory/argument anyway

[yump] 17/11/2019 17:20

The growth attracted me and also the hype seems to have subsided compared to a year or so ago.

Seem to be plenty of hyped businesses that have hardly any topline growth and you cant get anywhere much without that.

[smithie6] 17/11/2019 17:16

compound growth

'if' organic turnover growth can continue for 2 years at the same rate (~35% organic) then the turnover would be 1.8 X what it was in last fin. year.

& would be 10.9M, up from 6M

!!

fingers crossed

(the bod appear quite bullish as shown by having taken on 1 more exec. dir. & now trying to take on 1 more !; the costs of which Im not so overjoyed about but the bod see the full info & surely a lot more business skilled than me; clearly they think the co. can shoulder the costs & that it is needed, one assumes due to on going growth in turnover)

[smithie6] 17/11/2019 17:09

yump

imho the key indicators for the numbers & also aspects for valueing the shares are

- the high growth % in organic turnover at present & in the last few years (& in the sector generally); in such a case the importance of profitability number can be ignored imo

- confidence of the bod that growth will continue

- solid organic growth in the number of courses offerred

- the cash held above what has been paid in advance for courses is high & affects the nett Enterprise Value

- the WEY course material also has a value to a bigger co. that could offer the WEY courses to their own existing customers & outlets & get a good return on their investment, if they bought WEY

----

if the cash held is 6M or a nett of 4M if one removes about 2M for course money paid in advance....is not the biggest driver/factor for the fair cap. value of WEY, imo

[smithie6] 15/11/2019 21:42

interesting

part of that article says

"Earlier this year the DfE, in its recruitment and retention strategy, called on headteachers to “transformR21; their approaches to flexible working as it is “more important than ever that teaching is compatible with having children and a family life”.

(flexible teaching hours...flexible lifestyles...flexible learning...fitting in learning when you can...all of which infers more use of on-line learning, such as from WEY)

[garth] 15/11/2019 18:52

I wonder whether the hinted at work with the DfE might be linked to future waves of this funding stream, which provides a clear opportunity:


I think investors should reflect on the meaning of this from the results:
"We have continued to regularly engage with the Department for Education to assist in their desire to implement voluntary registration of online education provision."

G.

[yump] 15/11/2019 14:32

Thanks for explanations. Every time I think I understand accounting it turns out I dont. Bit like reading a brief history of time - get through a few chapters and then have to go back to the start !