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education sector to bring you huge payoffs
Posted by :
Syam Kumar SHi Why is this stock going down, i have expected that as the education sector is good i have take 1000 shares at 183.50. Can you tell me what is the future of it. will if go up after now of after the budjet....
education sector to bring you huge payoffs
Posted by :
jasavi
Trust education sector to bring you huge payoffs
28 Jun 2009, 0246 hrs IST, Anand Rawani, ET Bureau
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NEW DELHI: Call it a new chapter for equity investors. Those who betted on education companies a year ago made ten times more return than those
preferring the conventional route of investing in Sensex companies.
Big-ticket investors, including private equity players and high networth individuals (HNIs), have been betting on the potential of the sector as it has begun to witness actions from the government too.
During the last one year, major companies—Aptech, CMC, Educomp Solutions, Everonn Systems India and NIIT—from the education sector gave a return of more than 10%, against less than 1% of return from the Sensex companies.
Post elections, the equity market has performed well and so have the Sensex companies. But interestingly, wealth creation by these companies is seven times more than that of the Sensex companies in the last one month itself.
On a collective basis, these five companies appreciated by more than 21% against 3% gained by the Sensex during the same period. Also, these companies have outperformed the Sensex in a three-monthly return basis.
We at SundayET could say we told you so. Refer to our special report of March 29 this year, where we identified the education sector as the one to watch out for. We had found that most private educational institutions across the country saw the slowdown as an opportunity and were in expansion mode.
Most private universities across the country that we spoke to had reported a surge in demand among students for academic courses, be it short-term or long-term. There was also an increase in the demand for short-term skill enhancement courses.
And now we find that PE players, too, are eyeing this segment. Milestone Religare Investment Advisors, a private equity company, is all set to invest around Rs 50 crore in the next 2-3 weeks in the education sector. "We are in advanced stage of talk and hopefully the deal will be finalised in a few weeks’ time," said Milestone Religare Investment Advisors managing partner Rajesh Singhal.
Also, according to the data provided by Milestone Religare and SMC Capitals, there were two major private equity deals in the education space in June. Pearson invested around $12.5 million in TutorVista, which is into online tutoring.
Also, Educomp and Pearson set up a 50:50 joint venture, where Pearson invested around $17.5million. The new venture company will be into vocational training. Besides Helion Venture Partners and Navis Capital Partners invested in two other player of the education industry, Global Talent Track Company and Edutech, respectively.
The HNIs perhaps have been the earliest to catch on. HNIs have been increasing their stake continuously in these companies since September 2008. They had around 79 lakh shares or an average holding of 3% in these companies in September last year. As per the current shareholding pattern, their holding has gone up to 1 crore shares or an average holding of 3.6%.
Several new initiatives are set to follow. Kapil Sibal, union minister for human resource development (HRD), has already announced the 100 days’ programme and the guidelines on public private partnership (PPP) in school education will be announced soon. It is also going to broaden the use of Information and Communication Technologies (ICT) by connecting secondary schools and distance schooling through broadband.
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to all Aptech lovers
Posted by : jasavi
Please do start tracking IEC EDUCATION ( RS. 40)as it has 40 world schools in making + slew of running degree / vocational colleges .
website - ieccollege(dot)com
If experts are to be believed it will be 80-100 soon
if fdi in education is allowed it could surge to even 500 .
don`t ignore...
does aptech own schools ?
Posted by : jasavi
does aptech own schools ?
can someone reply...
Triggers !
Posted by : jasavi
Thrust in budget will be on primary and 11th , 12th .
See the company IEC EDUCATION AS well...
Buy aptech target 300
Posted by : Guestany news of Divd. / bonus as they have recd lot of cash from the chiness invtmt....
Buy aptech target 300
Posted by : GuestBuy aptech target 300 in short time. This company has amazing expansion plans in the near future. Future is extremely good for education sector. Rakesh Junjunwala holds 12% equity in this company. And we all know what happens to the price of the share of the company in which rakesh junjunwala holds stake. Need I say more....
BSE Announcements on Aptech
Posted by : MMB MessengerAptech Ltd has informed BSE that the auditors have conducted the limited review of the unaudited financial results for the quarter ended March 31, 2009....
BSE Announcements on Aptech
Posted by : MMB MessengerAptech Ltd has informed BSE that the Registrar of Companies (ROC), Mumbai, Maharashtra, have granted the permission to hold the next Annual General Meeting of the Company by September 30, 2009 for laying before the shareholders Annual Accounts for the year ended December 31, 2008....
NSE Announcements on Aptech
Posted by : MMB MessengerAptech Limited has informed the Exchange that "The Registrar of Companies (ROC), Mumbai, Maharashtra, have granted us permission to hold the next Annual General Meeting of the Company by September 30, 2009 for laying before the shareholders Annual Accounts for the year ended December 31, 2008"....
NSE Announcements on Aptech
Posted by : MMB MessengerAptech Limited has informed the Exchange that: "On 29th May 2009, the Company after obtaining all the requisite approvals under various jurisdictions, has successfully completed the process of its 50% equity interest in the China JV company and has also received its 22% allotment of shares in the holding company, Beijing Jadebird IT Education Company Limited (BJBC). In terms of the Definitive Agreements, Aptech India including its subsidiaries would also be entitled to receive, prior to the proposed Initial Public offering of BJBC, as much of its distributable profits as possible, subject to any legal, accounting or working capital requirements as may be determined by the Board of Directors of BJBC. In this regard, the Definitive Agreements envisages payment of a one-time special dividend, which in any event shall not be less than RMB 193 million (equivalent to approx. US$ 28 million/approx. INR 1350 million), in which share of Aptech India including its subsidiaries would be 22%"....
BSE Announcements on Aptech
Posted by : MMB Messenger
With reference to the earlier annoucement dated March 19, 2008 and further intimations made from time to time, giving the status update, Aptech Ltd has now informed BSE that on May 29, 2009, the Company after obtaining all the requisite approvals under various jurisdictions, has successfully completed the process of sale of its 50% equity interest in the China JV Company and has also received its 22% allotment of shares in the holding Company, Beijing Jadebird IT Education Company Ltd (BJBC).
In terms of the Definitive Agreements, Aptech India including its subsidiaries would also be entitled to receive, prior to the proposed Initial Public offering of BJBC, as much of its distributable profits as possible, subject to any legal, accounting or working capital requirements as may be determined by the Board of Directors of BJBC. In this regard, the Definitive Agreements envisages payment of a one-time special dividend, which in any event shall not be less than RMB 193 million (equivalent to approx. US$ 28 million /approx. INR 1350 million), in which share of Aptech India including its subsidiaries would be 22%....
NSE Announcements on Aptech
Posted by : MMB MessengerAptech Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Aptech
Posted by : MMB MessengerAptech Limited had informed the Exchange regarding the Postal Ballot Notice dated January 31, 2009 sent to the shareholders seeking their approval under section 372A of the Companies Act, 1956 for making investment for an amount upto Rs. 200 Crores beyond the prescribed limits, in one of its wholly owned subsidiaries, which in turn would make further investment in its subsidiary company (i.e. third tier investment). The company has now clarified that the explanatory statement which was sent along with the Postal Ballot Notice inadvertently mentioned that the name of the Company as Beida Jadebird IT Education Company Limited instead of Beijing Jadebird IT Education Company Limited in which 22% stake was proposed to be acquired by the third tier subsidiary....
BSE Announcements on Aptech
Posted by : MMB MessengerWith reference to earlier annoucement dated February 13, 2009 regarding Notice of Postal Ballot, Aptech Ltd has now informed BSE that in the explanatory statement of the said notice of Postal Ballot, inadvertently the name of the Company was mentioned as "Beida Jadebird IT Education Company Ltd" instead of "Beijing Jadebird IT Education Company Ltd" in which 22% stake was proposed to be acquired by the third tier subsidiary....
