skyhigh
- 03 Jul 2007 12:46

,
spitfire43
- 11 Jan 2008 14:52
- 35 of 161
A double/triple will do for me, thats certainly quick enough for me.
spitfire43
- 14 Jan 2008 14:05
- 36 of 161
nice sp move today, 3.75p up to 42.75p. plenty of buys today, maybe after the write up in IC mag. Volume is 338k so far with one large sale recently gone through of 130k, but if anything the sp has firmed even more. Interesting.
skyhigh
- 14 Jan 2008 14:06
- 37 of 161
Yep, it's looking good..
spitfire43
- 14 Jan 2008 14:20
- 38 of 161
Reason for the 130k sale solved see latest news release below.
Education Development International plc ('EDI' or the 'Group') announces that
350,000 share options granted to Chief Executive, Nigel Snook, under the
company's unapproved share options scheme have achieved their performance
targets and vested with effect from 12 January 2008. Mr Snook does not intend
to exercise these options at the present time.
Separately, Mr Snook has today sold 130,000 EDI shares held in his pension fund
to meet a tax liability. Following this sale his total interest in EDI shares -
excluding the 350,000 which have recently vested - stands at 3,059,237,
representing 5.3% of the issued share capital of the company.
In addition, Mr Snook is a potential beneficiary of the 2,995,000 shares held in
the Group's Employee Benefit Trust, representing 5.1% of the issued share
capital of the company.
spitfire43
- 08 Feb 2008 18:03
- 39 of 161
good to see EDD holding up well in these uncertain markets.
see latest news below........
Education Development International plc ('EDI' or 'the Group'), the leading
provider of educational qualifications and assessment services announces that it
intends to issue a trading update to the market by the end of February 2008.
This will provide an opportunity for EDI to give guidance on both progress
towards the integration of ASET Limited acquired on 19 November 2007 and Group
trading performance for the four months to 31 January 2008.
skyhigh
- 08 Feb 2008 20:15
- 40 of 161
yes, they must have something good to shout about if the're prepared to issue a trading update...hopefully will see the sp gaining more ground.
spitfire43
- 14 Feb 2008 10:46
- 41 of 161
EDD have risen 1.25p to 39.75, trades have nearly all been positive this week, hopefully investors are catching onto the potential of this company.
spitfire43
- 26 Feb 2008 14:55
- 42 of 161
Have noticed a large increase in trades for EDD, on a average day you would have from 5k to 15k, but last Thursday saw 28k, Friday 26k then yesterday was over 200k and today over 100k so far. I can't find any press comment or new tips for the company, but will keep looking. Maybe it's the anticipation of the trading update before the end of February, whatever it is I believe the price is now breaking upwards.
skyhigh
- 26 Feb 2008 15:11
- 43 of 161
It's gotta be in anticipation of the trading update due any day now..hope the news is better than excellent !
skyhigh
- 03 Mar 2008 12:57
- 44 of 161
Nothing new but came in this am from Company Watch
EDI: earning full marks
With four profit upgrades in the space of seven months, you might expect the shares of Education Development International (EDI) to be trading on a pretty rich multiple.
But despite a recent trading update, which prompted the firms broker, Brewin Dolphin, to up its pre-tax profit forecast for the current year from 2.8 million to 2.9 million, the shares sell for less than 8.5 times prospective earnings. For a business that doubled earnings in 2006/07 and looks like achieving more than 25 per cent growth in 2007/08, that is a mean rating.
EDI grew out of a dot-com disaster called Global Online Assessment for Learning and it has since been transformed under chief executive Nigel Snook. The technology it inherited remains one of the keys to its success.
There are three areas to EDIs business. In the UK, it is accredited by the government to award vocational qualifications such as NVQs, delivered by further education colleges and other training providers. Increasingly, students are assessed online, which is a big plus for EDIs margins. The firm helps professional organisations, such as accountancy bodies ACCA and CIMA, run their foundation-level qualifications.
EDI is a business growing at 20 per cent or more a year. It could get even better if government moves to promote more employer-sponsored apprenticeships and other training programmes bear fruit. In a recent announcement, the government pledged an extra 250 million to aid skills training. The likes of EDI can help employers tap that money by providing a package that gives their in-house programmes official accreditation. EDIs chances of success here have been boosted by last years acquisition of another accredited awarding body, ASET Group.
Area number two for EDI is its international exam board business, London Chamber of Commerce and Industry International Qualifications (LCCI). The business is big in South East Asia and parts of Europe (Germany in particular) and is growing at five to ten per cent a year.
Finally, there is a support services operation, the core of which is an electronic platform, i-assess, which allows professional bodies to run their own online assessments. Most of the contracts here are of several years duration and are low maintenance.
EDI made three acquisitions last year and Snook is clearly looking for more. Last years deals used up what was a mounting cash pile but, with strong cash generation, the company could well have 1 million in the bank again by the September year-end. Of course, that wont happen if it buys another business before then which seems highly likely.
Brewin Dolphin is now looking for earnings of 5.7p next year, which would drop the multiple to just 7.4. The shares performed strongly in 2007 but still look to have a long way to go on a two-year view.
Recommendation: Buy
Ticker: EDD
Sector: General retailers
Listing: AIM
Mid-price: 42.25p
Market cap: 24.3m
spitfire43
- 03 Mar 2008 14:13
- 45 of 161
Interesting article skyhigh, it highlights what a good company this. And the trading statement on Friday was very positive, (exceeding market expectations) thats music to my ears. On a 18 to 24 month view I have a price target of 80p, with my fingers crossed that a takeover could happen.
skyhigh
- 04 Mar 2008 07:11
- 46 of 161
Education Development Intl PLC
04 March 2008
4 March 2008
EDUCATION DEVELOPMENT INTERNATIONAL PLC
Director/PDMR Shareholding
Education Development International plc ('EDI' or the 'Company') announces that
it has today been notified that Richard Price, Chairman and Non-Executive
Director, today purchased 200,000 Ordinary Shares in the Company at 42.5 pence
per Ordinary Share.
Following the above purchase, Mr Price has an interest in 700,000 Ordinary
Shares in the Company, representing approximately 1.2% of the Total Voting
Rights.
Dil
- 04 Mar 2008 21:07
- 47 of 161
Joined you guys and looking for an easy 85p over the coming year.
skyhigh
- 05 Mar 2008 07:12
- 48 of 161
Welcome aboard Dil....indeed 85p would be nice and nearly a triple bagger for me..(this would make a nice change from some of the other shares I have!)
Good luck and onwards and upwards !
spitfire43
- 05 Mar 2008 12:47
- 49 of 161
good choice Dil, it's going to be a troubled year, but quality companies will always shine. At 85p it would be an excellent return, purchased these in August at 24.5. Normally I sell some on the way up, but not this one.
Dil
- 05 Mar 2008 13:22
- 50 of 161
Watched them all the way since about 20p but due to being wary of the markets over the last year failed to act.
spitfire43
- 14 Apr 2008 08:52
- 51 of 161
123k buys already and no sales, the sp is up 1.75p. Must have been a tip in the weekend press, any ideas ?
mitzy
- 14 Apr 2008 09:00
- 52 of 161
tipped by scsw.
skyhigh
- 14 Apr 2008 10:21
- 53 of 161
what's scsw? any links ?
Dil
- 14 Apr 2008 11:08
- 54 of 161
Small Company Share Watch - good track record imo.
SCSW