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I have heard 'no forward guidance' is worrying some. It is there to some extent: 3000 plus students is mentioned, multiply that by an average £3500 pa fee, so that's £10.5 million without additional students joining through the year and without Academy 21 input. It seems like the prediction of £12-13 million by Leoinvestoruk on 2nd November is in the right ballpark to me.
Government providing tuition to kids who missed out on classes, very good chance WEY will take a large portion of these funds, they are the U.K. number 1 provider https://www.bbc.co.uk/news/education-54753088
Primer on Wey if interested https://leoinvestoruk.home.blog/2020/10/20/wey-education-results-preview/
Loving these daily +5% rises until results day. Clearly bodes well
Another +6% day
Thanks, correct link here https://leoinvestoruk.home.blog/2020/10/20/wey-education-results-preview/
Thanks neo, although I think you've linked the wrong article there.
60p estimated from here, great write up from today https://leoinvestoruk.home.blog/2020/05/05/wey-education-interim-results-preview/
People taking notice finally!
Beginning to take off, results and guidance will help it fly!!!
All buys today for the U.K. number 1 supplier of online high school education
Significantly more buys than sells today
Nice write-up from Ed Croft on Stockopedia for anyone who has a subscription.
People in the know are getting in now, and this isn't finished it's move yet, I think positive results (pretty much already known), and guidance for the next year will cause a re-rating!
Final results due within a few weeks. Maybe some early position takers.
Something stirring
Lots of buys today
Completely agree, WEY are in the perfect position here providing an online education to GCSE and A level students in the U.K. and internationally. They are required more teachers and recently hired a marketing director so clearly spending to expand the company. Results out end Oct early November, will be interesting to see recruitment numbers
With a second wave firmly established, online education must surge, must lead to good news soon!
Large buy reported
Nm
Hi all, newly invested here on the basis of previous performance has been stable, Wey are recruiting a lot of teachers at the moment and let’s be frank if a 2nd lockdown does happen in the next month due to poor track and trace and Covid testing then the schools may need to close and force kids to study from home. Wey is an online provider of secondary school education with online teachers available 24/7. I see the results due in Oct/ nov to be very positive.
I got on board at 5p and have gradually sold out over time. Sold the last today but will be back in time for results. Goodbye for now.
Nice buys today. Hopefully it is directors buying and not selling this time.