Wey Education Share Discussion Threads

[netcurtains] 27/12/2017 11:40

...back to Christmas stuff now!
ta ta

[666james] 27/12/2017 09:57

Great news what a brill belated Christmas present.

[netcurtains] 27/12/2017 09:26

The missing link now is what expansion have they done (via marketing) into SE Asia, Middle East, Africa and Europe.

I'm hoping for more news on these areas in the investor meeting..

[mcfly79] 27/12/2017 09:15

Thanks Bones,

I've emailed David again.

[bones] 27/12/2017 09:09

McFly, as the official contact address is David Massie's, it's probably best to follow through that channel.

[mcfly79] 27/12/2017 09:04

Thanks guys. Looks like it's just me! :-)

Could you let me know the email address of the pr guy?

I'm hoping to attend the AGM and Investor Evening.

[netcurtains] 27/12/2017 09:03

Its worth noting that 250,000 use Waterloo everyday. EVERYONE (I mean that) who uses the station to depart notices the BIG BOARD.
That means - over a month, its quite likely ONE MILLION NEW people might know INTERHIGH exists. This potentially means a big step up in numbers.......

[bones] 27/12/2017 08:56

McFly, I have had a reply from the company PR person confirming attendance. It took a few days to come so I think you have to allow for Christmas break and the small admin staff.

[netcurtains] 27/12/2017 08:56

Yep - I have!

[mcfly79] 27/12/2017 08:53

Has anyone received a reply from David Massie with confirmation of a place at the Investor Evening.

I emailed on Monday and Thursday last week and still no reply. Not the greatest first impression for potential investors.

[bones] 27/12/2017 08:52

It was Kvok who suggested it might be Academy21. RTJ - yes, good that A21 is already in profit but I don't think the PER is necessarily a guide to whether it is a good price to pay. The potential synergies from merging it into WEY's systems should make it an excellent earnings enhancing deal from the next academic year.

[runthejoules] 27/12/2017 07:48

Any thoughts on this from those who know the company / industry? Glad it is profit-making already, and brings a captive audience so no need for anything other than b2b (well b - 2 - council) advertising. PER of 11.62 (correct me if I'm wrong?) doesn't seem a ripoff.

[saucepan] 27/12/2017 07:44

Some good, creative, marketing information in there too; a very bullish tone as to what it might deliver.

[netcurtains] 22/12/2017 08:47

666james: they definitely do not want to buy the other company if its too expensive. The delay is probably about haggling and details. WEYs share price will go down if the price to buy the new company is deemed too high. Sometimes its best to walk away if the price is not right. We'd have a much bigger marketing budget if we walk away leaving room for TV adverts and a large marketing campaign to grow organically.

Anyway, as a shareholder, I'm glad we have the big pile of cash in the bank.
Next stop we BUY the new company OR we do a mega marketing campaign!

[666james] 21/12/2017 09:56

Net 589. I could not agree with you more. Ups and downs are to be expected with such a low "free float" but the basic (I hope) are in position and the way schools are performing, or not performing, leaves a potential for Wey.
We often follow the USA trends and this one could be major. If and when the take over happens it could start a consolidation in our own backyard....but I am now dreaming.
Really pleased with this investment and I have high hopes for further positive movement when the advertising starts.

[netcurtains] 21/12/2017 08:46

...well so far all theories connected to potential announcement have been proved wrong.
Next date is the shareholder meeting at the Hilton (10th Jan).

[bones] 20/12/2017 16:46

Agree Net!

Hope WEY get this "imminent" deal over the line soon. If it is as good as we hope, the fact that the group is at the start of consolidating the fragmented industry and growing a leading brand, should see a re-rate on the basis of future turnover projections.

[netcurtains] 20/12/2017 16:36

Interesting stat.

4% of USA kids are home schooled.
There are 8 million UK school kids.
4% of 8 million is about 400K.

Currently 50K kids in UK are home schooled.

So, just to catch up with USA figures UK market would need to grow 800%
over the coming years.

the USA market is still growing. On top of this the WORLD market has hardly started - in much of the EU its about ZERO.

So, gut feeling is WEY Education will be a growth company probably for DECADES!!

Yes, some months it might go down (for one reason or other), but over a period of years, I'd say this company will be a great bet!

[netcurtains] 18/12/2017 10:51

I've requested a place! Its really worth while going - you get to see most of the team and further details of all the news items.

[666james] 18/12/2017 09:14

so its the 10th January morning for the AGM and then 5.30 in the evening for investors. Have you all booked your places ?
An excellent time to see how we are progressing on the "take over" and the advertising.

[netcurtains] 17/12/2017 17:23

My wife says State schools around here break up on WEDNESDAY.....

So if we are expecting news after state schools break-up for Christmas I guess the earliest it can be would be Wednesday or Thursday or Friday.

Since Christmas is on Monday.... Its quite possible that any news will have to wait until new year - 2nd January is quite possible?

[bones] 15/12/2017 19:23

NY Boy, as per the header, the directors have 27% and >3% institutions have 51%. So only 22% float and it may be that several major holders among those are sticky, having subscribed at 22p at the recent placing.

Shareholder Name (* Director)

Name - Number of Shares - % Holding

Livingbridge VC LLP - 27,142,856 - 21.42%
David Massie* - 20,608,430 - 16.27%
Miton Group - 18,386,972 - 14.51%
Paul Daniell and Jacqueline Daniell* - 13,065,157 - 10.31%
Unicorn AIM VCT plc - 9,772,728 - 7.71%
Guiness Asset Management - 5,714,286 - 4.87%
Killik and Co LLP - 3,906,087 - 3.08%

[ny boy] 15/12/2017 19:07

Remember not much free stock around, as the directors own a substantial portion of the Company.