Wey Education Share Discussion Threads

[666james] 24/4/2017 17:49

[...]

A big trade went thru at 14.41 today....480,000 at 13.5p. It looks like a "sell" to me.

[netcurtains] 23/4/2017 16:33

Thanks Bones - my niece is a teacher in Africa (Tanzania, Uganda and Kenya) ... The Americans, especially their religions, put a great deal of "feet on the ground" in africa but no where near enough. I suspect online education is going to be big in Africa as elsewhere

[bones] 23/4/2017 16:18

Netcurtains, you might like to get hold of the FT Weekend Magazine as there is a long article in there on the efforts of Liberia to improve education by outsourcing to private education suppliers. This is not a case of using online learning but setting up systems whereby teachers have to download lessons using apps which they then use in a kind of rote method to teach the children in their classrooms. It especially focuses on an American company called Bridge International Academies which has apparently been described as the Uber of education and is backed by "a who's who of US investors including Bill Gates, Mark Zuckerberg and Pierre Omidyar (founder of EBay)"The African problem is very acute and suggests to me that it is a prime prospect for online education subject to the very real problem that Africa has a current lack of remote connectivity in the vast areas outside of the main cities.The following quote from the article sums it up:"If anything can help Africa fulfil the promise that many now glimpse in its bustling cities and in countries that have benefited from years of decent growth, relative peace and marginally improved leadership, it is education. For the most part, it is not happening."You probably need a sub if you use this URL but I found the whole article by googling "FT Weekend Magazine making the grade".Https://www.google.co.uk/amp/s/amp.ft.com/content/291b7fca-2487-11e7-a34a-538b4cb30025

[netcurtains] 23/4/2017 10:09

Mail on Sunday article concerning Learning Technology Group.
The "coportate education" sub-market that LTG are in could be another revenue stream, at some point, for WEY Education. WEY can (and probably will) use the same share price for business as well as schools

[netcurtains] 22/4/2017 09:15

Hi 666james: Yep everything he said in the proactive link above (from a year ago) appears to have happened (more or less) - even a maiden profit! How many AIM stocks can say that!

[666james] 21/4/2017 22:31

Thanks net I thought it was a good plan for the future and it is coming to pass.

[netcurtains] 21/4/2017 22:18

this is the link that talks about profit, numbers and local authorities from a year ago... Seems to be working out as he said (just paste in BROWSER and remove the space)..


www.proacti veinvestors.co.uk/companies/news/123635/wey-education-plc-schooling-the-market-in-online-education-123635.html

[666james] 21/4/2017 21:09

Thanks guys for the info. Have a good weekend

[netcurtains] 21/4/2017 21:03

Not from proactive off III - in these cases just post the www bit onwards and leave spaces - people can work it out.

[bones] 21/4/2017 21:00

666james, if you capitalise a letter in the "http" part, e.g. Edit it to Http or hTTp, that often works, if posting from a laptop/PC.

[666james] 21/4/2017 20:42

It seems that ADVFN are not too happy posting other links so the article is from "proactiveinvestor" and has I said is around 12 months old. I used google and put in Wey Education news

[666james] 21/4/2017 20:39

[...]

The link is 12 months old but I found it a good read as we are now 12 months further on and they are getting the results mentioned in the article.

[trapissed monk] 21/4/2017 17:26

Ditto net...

[netcurtains] 21/4/2017 16:36

Well done Woody. I agree. Keep a core holding and trade a few on the ups and downs.

Yes, I'm still sad that its gone down (see what I've admitted/implied there)
but on the plus side having done the deed the other day I will be able to get even more shares when I decide to buy some more. ;-)

I'm in two minds whether I want it to fly up on Monday or not. I miss the boat on the buy but on the other hand I have so many do I really care?

[woodcutter] 21/4/2017 16:00

i've decided to maintain a core holding and trade the chart in these early exchanges. I firmly believe the route to 1000 students will be easy the next one thousand will be a little more difficult and then after that it will comfortably flow.

A standard secondary school is around 1000 students. I figure this is easily attained based on many of the criteria they presented in the results, bullying, local placement difficuties etc.

The next 1000 will only be attained based on results and as miti mentioned proof of concept.

Once that becomes accepted recruitment will flow at a rate of knots and they'll be flying.

You can dabble with the numbers 1000/1200 or whatever but in principle that's how i feel it will pan out.

Notwithstanding i think it will be a successful business principally because it's very scalable with great operational gearing as i've noted before. It's just a question of whether you wish to hold long term or trade some profitable opportunities in the process.

trade the chart!

aimho woody

[bones] 21/4/2017 15:37

Always happy to see weak holders flushed out. Why sell at 14p today, when you could have got 16.5p yesterday? It's the power of psychology and the MMs know this well.

The story is unchanged since yesterday to my knowledge :)

[netcurtains] 21/4/2017 15:23

bones: there is more of a rush to sell the shares at present then a rush of local authorities (PVG going up - well done there)... I understand your point, if log jam removed could end up being a flood!

The lady director is on record (last week) of saying "very easy to recruit teaching staff" (or words to that effect).

[bones] 21/4/2017 13:58

netcurtains, what happens if there is a sudden rush for the services that Wey Education offers, perhaps as a result of a government policy change (or whatever)? Would WEY be able to cope structurally (IT and staffing)? Clearly, they are planning for growth but will that growth be held down to suit WEY or might it overwhelm them?

Points for discussion....

[netcurtains] 21/4/2017 10:51

miti: Glad you are still watching!

Jeremy Corbyn appears to be promoting WEY Education (in a round about way). As a Labour member (both my sons in Momentum) I get a copy of their latest blurbs:

The Tories have failed on their own education manifesto promises.

Jeremy Corbyn and Angela Rayner are taking a lesson from the 1997 playbook today and attacking the government for presiding over soaring classroom sizes.

The figures are stark: 40,000 primary children in rooms of more than 36 pupils, 16,600 in groups of at least 40. The numbers shame the Conservatives, not least because in their 2010 manifesto they pledged “small schools with small class sizes”.

Corbyn describes super-sized schools with pupils "crammed in like sardines", and he is right to go on the attack here. No young child can easily learn in an environment where teachers are so overstretched.

IF there is NO MORE MONEY - Then there is only ONE answer - more WEY Education for more and more kids - its the cheapest way to give quality education to the most children.

[miti 1000] 21/4/2017 10:06

Can't see the excitement here for at at least 6 months and probably a year. Whilst the results and cash generation to date have been good.It feels like they are now going though a period of investment and proof of concept stage. The share price has tripled in a short space of time in the meantime. That's enough for me.

Saying that , I always sell too early!!

[woodcutter] 21/4/2017 09:18

Holding up reasonably well this morning. Just for the record the other reason i sold 25% yesterday was the volume charateristics for the recent rise after the results. Volume for this period wasn't anything like as strong as for the period of the initial rise from 4p. This suggested to me a little loss of strength in the buying and perhaps some proft taking might ensue. Who knows though the psychlogy of the investor is a weird and wonderful thing.

Anyway that along with my explanation of the indicator metrics was behind my reasoning.

woody

[666james] 21/4/2017 08:27

It had to take a little break from its constant rise. I would be pleased if it ended the day with the price staying the same as last nights finish...ie 17p. We will see

[netcurtains] 21/4/2017 06:49

I see some have gone back to PVG - Market Cap £33M... Market Cap for WEY is £17M. Both firms show great promise. Triad - TRD - is £13M. Its beginning, at this point, to look like Triad is cheap for a stock that has been growing relative to WEY or PVG. But these relative things never work out how you think. WEY is at a dawn of a new UK Industry. TRD is a 20th century industry, PVG is a 19th century business (pets) mixed with 20th century IT... WEY is the only 21st century business out of the three. How many chances are there to invest in the dawn of a brand new industry in a brand new century - just as the first embers of success , green shoots if you will, are appearing.