Learning Technologies Share Discussion Threads

[hamidahamida] 20/5/2002 19:01

LONDON (AFX) - LTG Technologies PLC said it fell deeper into the red last
year due to the slowdown in the economy, and announced that it has been forced
to borrow an extra 2.5 mln stg from its largest shareholder due to dwindling
cash reserves.
The metal sheeting and packaging group also said it was looking to raise new
funds to expand its Imagelinx subsidiary.
The company reported a pretax loss of 10.1 mln stg, wider than last year's
3.7 mln stg loss, due to weakness within its recently-restructured metal sheet
decorating division.
Total sales fell to 64.894 mln stg from 69.147 mln.
Commenting on the results, Albert Klein, chief executive, said: "2001 has
been our toughest year yet in the metal sheet decorating business."
The company said the unit was "negatively affected" by the decline in the
economy as it introduced a key new product in the "most difficult" trading
conditions.
It said the downturn has forced the company to borrow an further 2.5 mln stg
from its main shareholder LTG Holding GmbH & Co.
Looking ahead, the firm said it expects an improved performance in 2002.
It said the prospect of improvement in the metal sheet division "offers the
perspective of improved performance and cash flows later in the current year
which should allow us to resume the pace of investment into Imagelinx".
It also said that for the first three months of the current year, the metal
sheet decorating division has performed in line with "our more positive
expectations".
It said Imagelinx is close to securing major new contract wins which will
"underpin both its top-line growth and its long term prospects".
vip
NNN

For more information and to contact AFX: www.afxnews.com and www.afxpress.com

[hamidahamida] 20/5/2002 10:06

holding up

[hamidahamida] 20/5/2002 10:05

this could do l gardner.

[hv] 18/5/2002 11:41

LTG HAVE BOUNCED OFF BOTTOM THIS WEEK AND HAD A GOOD RUN. IS
SENTIMENT FINALLY CHANGING .THE COMPANY HAS WORLD LEADING TECHNOLOGIES AND INVESTED HEAVILY IN THE PAST THREE YEARS.
MANAGMENT SAYS THE FUTURE IS IMPROVING. ARE INVESTORS FINALLY
TAKING NOTICE ??

[dragonhorse] 17/5/2002 18:19

Springing back to life this week .... up 40% so far ....nice.

[dragonhorse] 10/4/2002 11:31

Agreed Sheds.... LTG still on my watchlist. WSDW now in my portfolio !

[shedloads.com] 10/4/2002 09:03

DragonHorse

Seems Odey were wrong about LTG they are not turning around any time soon

[dragonhorse] 04/4/2002 19:41

Agreed Sheds...and on that point have you had a look at WDSW recently.
Very quiet BB and a distinct uplift on the price in last 10 days, no news, close period, yr end 31/03/02 and results due soon. Looks interesting !!

As always DYOR, what do you think on this one ?

Cheers,
Drago.

[shedloads.com] 02/4/2002 21:53

Hello DragonHorse

Yes Odey must have below a notifiable interest. I spent a few hours over Easter looking in more depth at LTG and was surprised at the potential. I don't have the time, resources or clout to do a company visit/overhaul but I am sure Odey have done their homework. Let us see what the 9th of April brings.

What is more I love stocks that have little or no BB comment.

sheds

[dragonhorse] 01/4/2002 12:50

Greetings Sheds ... saw the Forbes article too ... have been patiently observing. Any idea on how many shares ODEY have in LTG ? I assume less than 3%.

[shedloads.com] 28/3/2002 09:28

Odey Asset Management are long in LTG Technology. Take a look at their "We can see dead people article" dated March 2002




HSBC have a good piece of reasearch dated October 2001 before the last profits warning



They announce results for the year ended 31 December 2001 on 9 April 2002. I think these will be worth watching as ODEY have an excellent track record in spotting turnaround companies. The chart looks like a double bottom is in the making with the bad news now in the price.

Sheds

[jasey3] 21/10/2001 04:46

CHECKOUT EINSTEIN TV ,, EPIC EIC. THIS BABYS FLYING

[derek wild] 23/3/2000 09:46

ADVFN NewsWire (09:43) - LTG Technologies has entered into an agreement that will lead to the acquisition of a 72.2pc shareholding in Image Linx International for £4.86m. The acquisition will be funded by a placing of 7.1m new Ordinary shares at 70p to raise £4.97m. Another agreement will lead to the acquisition of the whole of the issued share capital of DRP Studios by Image Linx for £2m, which is to be funded by a loan facility provided by Landesbank Baden-Wuerttemberg.

Image Linx provides a sophisticated pre-press service to a number of major consumer goods manufacturers and packaging companies, including Gillette Corporation, Unilever and Crown Cork & Seal. LTG believes that Image Linx offers a unique printing-focused service with significant cost, quality and cycle-time advantages.

For consumer goods manufacturers, Image Linx defines the basic graphic elements of a brand and crates a brand bible with master templates for the brand design. LTG also believes that Image Linx's service assures not only brand integrity, but also printability of packaging designs with globally consistent quality and low cost through capturing certain technical information on printing presses and other reproduction resources.

Image Linx uses a software system to integrate its processes, which are then accessible to its customers and their employees through the internet. Image Linx can also deliver computer files with printing plate and press set-up information via the internet
dw