Wey Education Share Discussion Threads

[bdh1] 01/10/2020 08:16

Seems probable. With 2nd wave etc there could be a tail to new pupil take up not seen in prior years.

[netcurtains] 01/10/2020 07:53

I suspect with the rising levels of covid and local lockdowns one will see more children drift towards WEY Education - not just here but in other countries with links to WEY - namely Spain and Dubai

[netcurtains] 30/9/2020 16:10

3 buys no sells and one insider notification...
I think that is reasonably positive for a Wednesday

[netcurtains] 30/9/2020 07:53

100,000 option starting 5th October. I wonder if that is a good sign?


£4K insider trade for October 5th

[abergele] 29/9/2020 12:28

Are they still tricking people with their spreads.
Tdw, are 26.1123, and buys are asked for at 26.9p.
Nowhere near the 25p bid price

[abergele] 28/9/2020 19:16

Hi netcurtains,,,,,no more luck than judgement,haaha,
Looking stronger for them buys though,,gl mate,thanks for your time spent here,

[netcurtains] 28/9/2020 17:02

microscope: Thanks for that. With more competition its more likely bigger ones will swallow up smaller ones. So we could see WEY buy a smaller company or be bought by a larger company - either way works for me...

The £72K purchase today...Statistically speaking that is a good sign. It does not mean there is good news in results, it just means its a bit more likely. 5-10% more likely?

[microscope] 28/9/2020 16:50

Apologies if already posted. More competition for Wey but also greater opportunity

[netcurtains] 28/9/2020 11:38

abergele: well spotted! You're better at this than me.

[abergele] 28/9/2020 09:42

According to tdw...(ii) mid is about 26.1p buys @26.6..sells@ 25.7..ahhhh there goes the 15 mins. Delay...but they still have us at 25p..they must have an order perhaps,still tree_shaking??...gl netcurtains.

[netcurtains] 27/9/2020 17:28

good interhigh tweet (yesterday):

[netcurtains] 27/9/2020 08:20

some articles:



These are UK government stats for June 2020 - the FLIP side to their stats makes interesting reading:


Home school groups - the boom:


Many home schoolers are NOT going back to mainstream:


articles go on and on.... There is definitely a boom, the million dollar question is how much of that
boom has gone in the direction of WEY education.

All we have as a clue is trading update from back in mid July (but it has no forward trading statement just data up until about June - so we have no idea about this important school year - September 2020). Can we assume, going forward trading will be as good or better? Impossible to say for 100% certain.
Barrie Whipp, Chairman, commented: "Performance across the group has remained strong and we have continued to invest in education quality and marketing. We expect to exceed market forecasts for profitability and the excess would have been higher had we not continued to invest now for future growth. The task at hand is to continue with our investment programme in order to ensure that we take advantage of Wey's prominent position in the online education sector, which is more relevant now than at any time in the Company's history"

My number one investment would probably be an APP... 90% of all online activity is via mobile phones. Without an App WEY is missing out on potentially a huge market for education tools. Typical education APPS: These education tools are a great way to market and advertise your services. The child or parent simply passes the phone around the room and shows everyone a snapshot of WEY.

[1jbrisky] 21/9/2020 18:05

bdh1
If the bod can't get it right in the current circumstances they need culling.
As always, any kind of communication from said board would be useful in assisting us to become more informed and proficient investors but I'm not holding my breath.
As I've said before, I continue to hold here because I believe the business will be successful despite and not because of the Bod. The other minor issue I have is how did Whipp & his mates get the share price up to 30p when they sold? Absolutely no reason given rns's and all other information available at the time for the share price to rise to those heights. It stinks, but I'm hopeful and fairly confident of 35p in the next 6 weeks or so. Good luck. JB

[bdh1] 21/9/2020 10:30

Barrie Whipp Director sells late June. At the time “portfolio re- balancing” was highlighted as his reason. It crossed my mind at the time, given his interest in Crimson Tide he may just have a clearer view of near term upside in that company that he wanted to exploit. 3 months down the line and we can see that share price has doubled. Has Barrie simply played the game exceptionally well. Wey peaked at 32p and he took that benefit and rolled it into Tide where he’s doubled his money again. Possibly no more complicated than that. In the meantime WEY is looking positive & ready to rise in my view

[bdh1] 21/9/2020 10:23

Add to that the circa 10% increase in fees year on year & the position looks rosier again.

[bdh1] 21/9/2020 10:23

I’m losing track of the number of new indirect (I.e. non revenue generating) roles that have been advertised. For me this is a clear signal pupil numbers are on track. Businesses don’t commit to these types of investments without clear confidence in their outlooks.

[netcurtains] 21/9/2020 08:03

Opened up? - I guess covid 2nd wave insurance stock.

[netcurtains] 17/9/2020 10:39

bigboyblue: I am an APP and WEB developer. web development probably takes 2 years to complete but in agile environment they can drop off deliverables every month or so. You also have agile teams doing "support" and some support tasks can amount to MAJOR improvements to the current system - so it is possible we're not talking years before new InterHigh portal but rather days, weeks and months for phased improvements. It does sound like they are doing some pretty heavy development, support and migration work - Be interesting to see what they say in the trading update/results.

[bigboyblue] 17/9/2020 10:26

Some of the non teaching jobs are new roles: IT infrastructure and Cloud Manager, IT Business Analyst, Web Developer. All part of the expansion toward tens of thousands no doubt.

Interesting too that they are advertising for a NED. We knew there was a vacancy but usually these types of post in AIM listed companies are appointees rather that recruited through a competitive selection process.

[netcurtains] 17/9/2020 07:32

Well spotted bigboyblue! On the face of it that is a major expansion! Each permanent new teacher (if senior post) might well have 4 or 5 contract teachers associated with that post so the expansion might be larger than advertised as these are the permanent positions.

[bigboyblue] 17/9/2020 06:59

The job adverts for teachers have started again, and in a pretty big way:
Demand is clearly starting to stretch existing teaching capacity. I wouldn't wish for a second lockdown, but no doubt sonie01 is right.

[netcurtains] 16/9/2020 11:52

currently it appears to be very sensitive to small trades. Not sure why.