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Further updates regarding the Company's prospects will be given in the Preliminary Announcement of the full year's results to 31 August 2017 which is expected to be released at the end of October 2017 but in summary the Company is planning for further significant growth in the coming financial year.
upwards with their winning steady growth strategy
The great thing about this share is its slow and steady, its like recommending a good builder to friends and family. No airs and graces on the bb, just let the stock do the talking. gla.
Continuing from previous post: All of the above brands will be served by Wey Education’s new Online Platform. This was developed to be SCALABLE and RESILIENT. It will be able to serve all user groups (students/teachers/parents/administrators, etc) via secure logins relevant to each type. I am not an IT expert at all so the next bit is formed of basic scraps I picked up. Perhaps others can enlarge on what they understood. It appears that the IT infrastructure is based around world-leading software structures acting in unison with each other. The following names were highlighted: Microsoft, Canvas LMS, iSams, Adobe Connect. These are already in use by universities so are fully proven platforms to “Enable Education in the Cloud”. The schools will offer personalised learning, augmentative learning and flexible learning. Physical schools today are regularly over-budget and there are crises everywhere with even talk of some authorities having to consider 4 day weeks on grounds of cost. Reasons why Wey Education’s online learning services are attractive: Sports playing children, for example training away in other countries (eg tennis players), can continue to receive a full education around their sport commitments. Executives who travel and move around can ensure their children do not lose continuity in education and their friends. Mums.Net, a leading portal for busy mothers is a known supporter of InterHigh. Flexibility of products means that physical schools can still buy blocks of online education or specific subjects (eg, Further Mathematics) where the school has no access to the right qualified teacher on site. Finally, on international expansion, Wey Education sees huge markets opening up in China and Africa where there is a strong appetite for internet learning due to a lack of physical infrastructure at home as well as the substantial kudos and privileges that can be attained via an English educational qualification. That sums up my notes of what was said. The talk was far more detailed with videos and slides but I hope this gives a flavour of what we were shown. The Chairman, Mr Massie, was in a bullish mood about how big Wey Education and the industry of online schools and learning can and will become. Crucially, this is NOT distance learning. This is live interaction and a real school experience for children and parents alike. It is new and in its infancy and, as investors, we believe it will grow furiously in time.
At the Investor Evening on 19th July (which coincidentally marked the beginning of the latest up wave in the share price), information about the company's business philosophies and plans were presented. I will attempt to reduce my notes of this to bullet points. All errors or misunderstandings are entirely mine and do not necessarily reflect what was said or intended to be conveyed by the company. These are my recollections only: Let us begin: Wey Education is developing a portfolio of online education brands, branching out rapidly from the original InterHigh online school. InterHigh hTTp://www.interhigh.co.uk/ The original online school that was started by Paul and Jacqui Daniells in 2005. They saw a space in the market which could be captured by nascent internet technology. In 2015, Wey Education was used to reverse this business into an AIM quoted stock. The focus of InterHigh is “Progress” at all levels of ability. The only online school featured in the “Good Schools Guide”. Students have attended from all seven continents (ie, including Antartica!). Over 500 live lessons a week are given. Approved examination centre, by likes of Cambridge, EdExcel and others. Infinity Education hTTp://www.infinityeducation.org.uk/ The focus of Infinity Education is “Academic outcomes” on a selective basis. Serves students’ aspirations to gain access to the top universities and colleges worldwide (eg Cambridge, MIT, etc). Focus on life beyond school. Registered with UCAS. Advise students about what to expect from and how to prepare for admission interviews at the major institutions of learning. Advise students about the type of courses that are relevant to their own career aspirations or interests. Wey ecademy hTTp://www.weyecademy.com/ The focus of Wey ecademy is “Alternative provisions”. Attract local authorities or schools with students that require alternative methods of schooling, perhaps because of bullying, a handicap, expulsion or disengagement. Expected to appeal to the State sector. Quoralexis hTTp://uk.advfn.com/stock-market/london/wey-education-WEY/share-news/Wey-Education-PLC-New-Online-Language-School-and-I/75135302 Long term aim of being a full language teaching facility. Initially launching in the “English as a Foreign Language” (EFL) sector in September.
Fascinating to note that, since the investor meeting on 19th July, the share price has had 10 consecutive up days, totalling a 50% overall gain in that time (13.5p to 20p). Yet nothing new was revealed there, merely a recap and collation of the new initiatives previously announced. What it did do, for those attending at least, was highlight the potential markets for this UK leader in the field.
HTTP://education.viewsonic.com/online-schools-21st-century-learning/
I think one of the reasons for the rise has to be the new IT system. The chairman stated that this new system allows WEY to scale the company MASSIVELY and THIS YEAR they are pushing to do just that - in all directions: InterHigh, International, BtoB, Language School and Grammar school. They now have the missing link for UK InterHigh too - their own exam centre. potential investors keep thinking they have "missed the boat" but the boat keeps rising. Look forward, not back. Looking FORWARD do you see WEY doing really well in the next 12 months - YES or NO. That is how to look at this thing. Then after 12 months, do you think it can keep on growing? If you think YES, then why look back? Look forward
If you cant get the link: directors talk... In summary: Chairman says: 31st August. Announcer says: "Brilliant" Dont say you were not warned!
the stars are directors talk....
perhaps in this form it might work www .*************. net/interview-wey-education-plc-real-year-progress/
make your own mind up but to me he sounds super bullish.... And some results in a couple of months to his confidence is probably good.... HTTP://www.*************.net/interview-wey-education-plc-real-year-progress/
if you look at my user handle you will see lots of info about this company on another famous uk board. I will add info here later but basically chairman was very very bullish and interim results i think are in couple of months
Super low free float too as institutions including Miton and the board hold the majority here
in a growing market. Plenty of cash and just turned a profit
buying has started ,looks like we could be in the 20's before you know it.
1 hour ago entitled Wey Education on a roll as Exam season nears.
Just starting to get noticed now so the rest of this week is going to be interesting.
Looks like a nice walk up exercise for the director who had his deferred salary paid in shares. £30k thereabouts worth approx £120k, good for him. Don't think this company warrants current market cap of £14m, excitement surrounding growth but we are yet to see how profitable the year was
i have looked in to it this morning, but do not know much about it, maybe i should have payed attention.
for such a darn good share, Maybe that will change soon,great forward looking company this.
Why this just keeps going up and up and up just read the latest pre close trading update in the RNS dated 28th Feb 2017, I think the market is just starting to cotton onto this now and we should start to see some posts here soon as well.
out.
Anyone know why this is rising? Thanks.
Looking for these to move in the same way soon. Positive trading update means that we can't be far off break-even.