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WEY Wey Education Plc

47.25
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wey Education Plc LSE:WEY London Ordinary Share GB00B54NKM12 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 47.25 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 47.25 GBX

Wey Education (WEY) Latest News

Real-Time news about Wey Education Plc (London Stock Exchange): 0 recent articles

Wey Education (WEY) Discussions and Chat

Wey Education Forums and Chat

Date Time Title Posts
16/7/202111:21Wey Education plc (WEY) 899
04/6/202117:17WEY Education 2.0 (Remote Learning)705
22/3/202110:56WEY Education - The Future2,705
24/2/201713:51Weymouth for promotion......Come on you terras3
24/2/201713:51Weymouth Thread15

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Wey Education (WEY) Most Recent Trades

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Wey Education (WEY) Top Chat Posts

Top Posts
Posted at 04/6/2021 17:17 by davidosh
Wey Education will feature on the Mello Monday show in two days time as there are many investors that seem to share the same view about recent takeovers.

Not happy about the WEY deal then probably worth listening....



Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 07/4/2021 11:57 by boadicea
netcurtains - Yes, tips.That's what many of us will be looking for.

The timing of the takeover is actually quite fortuitous for those holding WEY outside an ISA as it can provide some (or all) of the 2021-22 contribution without having to do a B&B.
But where to look?
Most of the obvious beneficiaries of the covid situation are already well bought and offer as much room to disappoint as to gain. A few have been less recognised due to the indirectness of their connection. The old adage of buying the makers of picks and shovels in a gold rush may apply here.
In the on-lne and security area, a potential benficiary that seem to me to be still reasonably rated is Arcontech (ARC) which has a very healthy balance sheet. Less healthy but also cheap (for this reason) is Shearwater (SWG)... could make a useful recovery perhaps?
In the medical/vaccine field, Oxford Biomedica (OXB) has shown its mettle as the most productive of the several manufacturers of the AZN vaccine. This came about rather fortuitously due to the timely availability of a brand new facility near Oxford being held for future expansion of its main developments. Its share price has responded only modestly to this rather incidental success and it is essentially supported by the success of its main business in variously partnered vector gene therapies.

Turning more to the picks & shovels theme, Carclo (CAR) has a very chequered recent history but is reported to be working flat out on making precision medical mouldings for handling/injecting vaccines, test kits and the like in several sites icluding USA. The pension deficit is horific and the boat may have sailed on this one as the share price is already well off the bottom.
Titon (TON) is in ventilation products and looks good value with healthy bs. I am not sure the products are high tech enough to be useful against spread of viruses - needs looking into.
Electric vehicles are in vogue and Nexus (NEXS) has charging point installation as one of its main themes. Clearly a growth area but could be subject to high powered competition by larger players in the transport forecourt business unless it can quickly establish a more localised niche presence.

Finally, if looking for a modestly priced business stuffed with cash and a possible attractive acquisition target, take a look at Vectura (VEC).

PS: Capita (CPI) with resolute management, positive cash flow and several recent contracts looks like it must now survive - in which case it won't forever languish below 50p.

Above is commentary, not advice!
I hold some (but not all) of the companies mentioned.
Posted at 01/4/2021 11:05 by kcr69
Cordwainer - 45.7p is the price currently being offered to sell.

As an aside, I reluctantly admit to not being aware of Inspired Education before today. Having read a little about them this morning and what they are trying to do with the Kings College Online model, I personally think it is fantastic and see it becoming more and more mainstream in this country for a vast variety of reasons.

I have no doubt Wey would have been worth more than the 47.5p offered today with further development and investment 2 - 3 years down the road, however given the relatively limited breadth of business skills within the current board, particularly against that within Inspired, it is clear to me that todays announcement is of benefit to UK online learning as a whole, and 47.5p is more than a fair return for Wey shareholders today.
Posted at 01/4/2021 09:47 by davidosh
RECOMMENDED CASH ACQUISITION

of

WEY EDUCATION PLC

by

INSPIRED EDUCATION ONLINE LIMITED



(an indirect wholly owned subsidiary of Inspired Education Holdings Limited ("Inspired"))



to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006

Summary

The boards of Inspired Education Online Limited ("Bidco") (the "Bidco Board" or the "Bidco Directors") and Wey Education plc ("Wey Education") (the "Wey Education Board" or the "Wey Education Directors") are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition by Bidco, to acquire the entire issued and to be issued ordinary share capital of Wey Education (the "Acquisition"). The Acquisition is intended to be effected by means of a court-sanctioned scheme of arrangement between Wey Education and the Wey Education Shareholders under Part 26 of the Companies Act (the "Scheme") (or, if Bidco elects, with the consent of the Panel, by way of a Takeover Offer).

Under the terms of the Acquisition, which is subject to the Conditions and further terms set out in Appendix 1 to this Announcement, and to the full terms and conditions to be set out in the Scheme Document in due course, Wey Education Shareholders will be entitled to receive:

for each Wey Education Share held 47.5 pence in cash

The Acquisition values the ordinary share capital of Wey Education at approximately £70.4 million on a fully diluted basis.
Posted at 22/3/2021 19:20 by neo2725
Yeah I noticed that large buy today. We have had weeks of Chucky sells about the 34p - 34.5p now and the share price has flat lined. Either all these sells have been wrapped up as this buy or we have some great news coming our way. I am starting to loose patient with Wey but I don’t see how they cannot be making a lot of money at the moment and surely we will be back in the 40s soon
Posted at 14/1/2021 09:11 by zulu_principle
Wigan - good post, although I'm reluctant to put a target value on the share price.

If medium to long term plans are achieved as laid out by JD in the last investors' video session the share price will be a multiple of where it is today - however I think there's a significant risk the company will be bought well before such heights are achieved.

As a bid target WEY has a lot going for it - established company, good reputation, cash in the bank, growing target market, government accreditation through the ATHE Level 4 course (due to start this month).

I'm continuing to hold for the time being but will probably trim my holding at some point (a bit overweight at the moment).

As always, my personal view only - DYOR.
Posted at 13/1/2021 16:52 by energeticbacker
Featured in today's Investor's Champion update:

Wey Education: trading significantly ahead of budget and market expectations. Despite large volumes traded, the shares barely moved on the news, perhaps suggesting that some also believe that the share price may have got ahead of itself.
Posted at 04/12/2020 06:26 by bigboyblue
Wey now advertising for a 'Senior Full Stack Developer'. Doesn't mean much to me as I'm tech dinosaur, but this is apparently what such a person does:

'Senior developer coding (C#), design and architecture of all Wey applications using Microsoft Azure cloud platform (PaaS and IaaS) and Dynamics 365

- Develop Wey applications using Azure and .NET Core, DevOps, and private API development, serverless and messaging architectures, public and private networking, relational and non-relational databases, and automated testing technologies

- Implement new initiatives in artificial intelligence, gamification, and virtual reality

- Continuously analysing technology opportunities and work with development team peers to implement'

This sounds to me like a new development for WEy; can anyone interpret it a bit?
Posted at 29/11/2020 08:22 by netcurtains
WEY are still growing. 5 teaching jobs currently being advertised.
I dont know the rate of churn of teachers - does any one have that info?
I suspect churn rate is not that high as pay rates are good and working from
home will suit many people.

What would be good is to see a WEY choir and more WEY music teachers.
I've seen a MASSIVE rise if in demand for musical instruments
during lockdown. So thousands of youngsters will be learning music at home
See share price graph of Gear4Music
Posted at 26/6/2020 06:56 by netcurtains
74tom: That is why I kept half.

Its as if there will be some sort of corporate action later (agreement, joint venture, takeover or merger) that involves WEY having a current price below 30p. Hence no positive RNS news at all only negative.

There are employees (senior teachers) etc who have not sold any and of course the CEO has not sold any (or her husband) or Sara de Freitas. It might be against the rules to BUY shares if goodish news known down the line but you probably can get away with selling (if news goodish).

Say an offer came in for 30p and share price was 15p then there would be no difficulty getting shareholders to agree. But if share price was 35p obviously its a non-runner.

We know Mr Massie's heirs have huge percentage of the company and other people millions of shares (eg the big investors who came in at 22p to invest £6m - eg gave WEY the cash pile for shares at 22p). One suspects they might be happy to get out at 30p (if not committed to home school as a way of life)....
Wey Education share price data is direct from the London Stock Exchange