Wey Education Share Discussion Threads

[netcurtains] 03/9/2018 07:55

666james: The journalist has not been that good, if you want my opinion. Its no good to say: 'small squeesed out' without giving some examples of what you mean; otherwise its just meaningless drivel. The problem the "big boys" have is that a teacher is a fixed cost - big or small, so the economies of scale do not cut in, eg you cannot get 1000 teachers cheaper than one teacher.

And lets face it name me ONE "ENGLISH ACCENTED" big boy in China? Person? Not quite the same market.

In reality, WEY is the Big Boy UK company in China.

The only way the Big Boys can really squeese the small out is via AI. Once AI takes off and there is no need for teachers or schools at all.... But I still think that is about 20 years away and by then WEY will be a totally different company.

seanworld's link again:

[666james] 02/9/2018 21:50

Good point tom. I wonder what is wrong with Ron ?

[74tom] 02/9/2018 21:28

Hi 666 James, true Wey Education is a small company in comparison to those discussed in the article, but we are partnering with Starcube who I presume are significantly larger? Does anyone have any information on Starcube’s market capitalisation or revenues? I searched but couldn’t find anything in English...

[netcurtains] 02/9/2018 21:19

ronwilkes123: looking at your posting history all you ever do is filter posters. On those grounds ronwilkes123 you are filtered.

Here is the link

[ronwilkes123] 02/9/2018 20:00

666james filtered

[666james] 02/9/2018 19:59

Nice one sean... all appears to be moving in the right direction. One of the paragraphs caused me a little concern as I would class Wey Education as a small company when you look at the giant Chinese companies. I have shown the paragraph below....if ADVFN will allow it.
He added that industry leaders are competing for bigger market share and pushing small firms out in this segment

[seanworld] 02/9/2018 14:32

Online education gaining momentum in China

[netcurtains] 02/9/2018 10:29

A pretty average Private school now charges about £19,000 a year.
WEY Educations InterHigh charges £3,300 a year for a good quality (small class sizes, good results) education.

That is 600% cheaper than an average Private school but with similar results.

I would be interested to know what Infinity charges because its quite possible if it can help rich SE Asian kids get into Oxford, MIT etc, it possibly could go as high as £20,000 a year....

[netcurtains] 31/8/2018 15:12

looking at the few trades it tends to suggest people buying on hope of news in a week or two. Gut feeling is its more likely to be the last day of september - or even early october (as things in life tend to take a bit longer then you think). Bottom right hand trade map tends to suggest the market for WEY is hotting up.

[wigancasino] 30/8/2018 13:25

My son was in Nicaragua for about 12 months. He had some friends who did online teaching English and fell into it. I know he is signed up to an American company and earns about 12 pounds an hour for very easy work and it paid his way.

Because of the trouble over there he has had to leave and come home rather than put himself in danger and is still working for the company and doing so from our home. Yesterday he told me he had just applied and had an online interview with another American company. The pay is 30 pounds an hour but it is dealing with adults rather than children.

The point I am getting at is that every client he has had has been Chinese. The market there is huge as they have the money to pay and all want to learn English. I can see it already happening in my son's life and am expecting China to explode with learning as they always want to better themselves and are hardworking to boot. It is such a massive market and there is plenty of room for other good companies to be included in that growth. It is one of the reasons why WEY is my biggest share holding in my portfolio and yes, may have to wait a while but this is where future teaching will be.

My son is thinking of catching up with friends in Italy, what's he going to do to pay his way. Well he brought his clients to England from Nicaragua, pretty easy to take them to Italy. Works for everyone.

[666james] 30/8/2018 09:04

did anyone see the advert this am for KIP McGRATH education ? Not had chance to look them up

[netcurtains] 30/8/2018 09:00

The online education boom in China has been hotting up since 2016, set to explode. Chinese investors ....

[74tom] 30/8/2018 08:17

Hi Netcurtains,

I completely agree, in my opinion Wey is the far better investment, hence why I am invested here and not in SOS!

[netcurtains] 30/8/2018 06:41

74Tom: soss is making a loss and is in a crowded market. I'm pretty confident, of the two WEY is by miles the better bet (given a reasonable time frame). Its young women who buy clothes over the internet and more or less every retailer has a portal now. also Sainsburys and Tesco are uniquely placed to break into any online sector they chose (they do home delivery the next day to your door). WEYs competitors are few and far between and the education market is probably as big (if not bigger then dresses).
But thanks for letting us know

[74tom] 29/8/2018 20:39

I invested off the back of the trading update last week. I’d originally been interested in Wey just prior to the placing @22p last December, and I couldn’t believe it had fallen as far at 12.75p over the summer when nothing had really changed, so it was a no brainer to buy.

Over the weekend I reviewed the last few months worth of posts on here which was very informative - netcurtains you have done an excellent job of retaining positivity and posted some great research!

One point that stuck out was the continual selling over the summer that caused the downward spiral - as mentioned earlier in the thread, it’s almost certain this was Paul Scott of Stockpedia - I note he has gone all in on Sosandar which confirms this to be the case.

Given the free float in Wey is only 50m shares, the low volume combined with Paul’s drip feed of selling of 1.2m shares has presented an excellent opportunity.

Onwards and upwards now after today’s slightly irritating but totally understandable option exercise/forward selling of 300k shares. First stop 20p and when China is confirmed I think a return to the high 20’s should be easily possible.

Also thank you to Leoleo for the fantastic write up on Stockopedia!

[netcurtains] 29/8/2018 20:01

..some traction in "thestudentroom"

[leoleo73] 29/8/2018 16:08

Shaken/stirred: My argument was more that an experimental study should be made. Maybe next time.

I don't regularly frequent advfn, but feel free to private message me on Stockopedia.

[seanworld] 29/8/2018 15:23

Thanks for the link Leo.

Excellent write up. Great to see some positivity with regards to Wey.

[leoleo73] 29/8/2018 14:52

I don't see the problem with this non-exec exercise and sale.

She is from a teaching rather than business background and so it is quite credible that she would not have cash sitting around. For the same reason it is perfectly understandable that she would not wish to take a big business risk. And after tax there won't be much cash released.

Regarding the timing, we're now in the close period so I think yesterday was the last day for two months she could have sold. Maybe the last time ever if the options expire soon.

(I don't normally post here, but I don't want the non-execs being upset. While I'm here, nobody seems to have spotted this yet: hxxps://www.stockopedia.com/content/wey-education-thoughts-after-august-2018-trading-update-393909/ )

[abergele] 29/8/2018 14:44

no, must be strapped for cash then,,as she's gained short term

[kaka47] 29/8/2018 14:16

Not good director dumping at such low price shows lack of confidence in the company meeting targets

[netcurtains] 29/8/2018 14:11

I bought some at 35p. Am happy with even those (seriously). I'm here for the £4 a share (post two years+ ) 40 bagger (I got loads at 7p too) .

However got to break the 20p barrier first. I suspect once chinese deal SIGNED on paper and RNS comes out about it we will break 25p.

The WEY directors are pretty confident that we will have this RNS in September - which is only days away.

We will also have the RNS for Africa, which not as big as China but should also lift the share price - perhaps even over the 20p hump (if it comes first)

[abergele] 29/8/2018 13:22

Almost same for me Wigan,,
we shall just grin and bare it I suppose..

edit,
plus what looks like a delayed 42k sell ,,
unless some guy had arranged a Passover with his broker, ,because of too much stock overhang,

also what seems like rollie,,oh well,,off for a pinta..gl