Learning Technologies Share Discussion Threads

[555450939] 12/12/2020 19:05

Gokarna, do we know LTG's share in this contract? ie what is upside for LTG?

[ygor705] 11/12/2020 16:49

Looks like we've closed at or about a new all-time high. As I've mentioned before, Andrew Brode had a good track record with acquisition and, ergo, a very solid following. If this Royal Navy contracted materialises we could soon be looking a £2.

[aimingupward2] 11/12/2020 10:23

Thanks for the response, gokarna.

[microscope] 10/12/2020 23:02

This has always been one of advfn's most successful threads I think. As ever, people occasionally 'talking their own positions' but mostly good truthful chat.

I posted this in July and not trying to sound clever, but if/when a target gets reached, as a matter of course I review my own holding

"microscope3 Jul '20 - 12:22 - 2257 of 2392 Edit
0 3 0
Apologies blackfox, missed your question from quite some time ago.

Yes I've been here for about four years, from around 35p, sold a few when they doubled and a few more when they doubled again. So pretty much a rump holding for me now, but I still think they can reach perhaps 160p again at some stage, which they have done previously a couple of times.
The growth of turnover by acquisitions has been hugely successful and they have built a business in a sector that I think will be strong post-Covid and their 'Learning Technologies' will be ever more in demand".

I'm at that point, then, my inclination is to hold until it's clear whether the RN contract will come their way. i have to say LTG are incredibly well placed to get a piece of it given their management and blue-chip client list.

That said, if it was to go elsewhere, or delays be excessive, I'd become a seller.

If they get it though, I'd be a buyer, despite the inevitable premium, because it would be the moment LTG delivers. And a multi billion pound company would - imho - be born,

[gokarna97] 10/12/2020 22:19

The estimate was reported in the FT back in May 2019. I haven't heard that it has been de-scoped so I assume it is still of that order. I don't know what % stake LTG has but, clewrly good news if the consortium wins. I am certainly not trying to ramp LTG as I have been riding this rollercoaster for a while like many here. GLA

[aimingupward2] 10/12/2020 21:40

Where did you find these figures, gokarna? Many thanks.

[gokarna97] 10/12/2020 21:11

The Royal Navy contract is estimated to be worth £2Bn over 12 years. LTG are in a consortium with a couple of big defence primes. I'm hopefuly for a positive announcement next week after a small delay. As usual with these big contracts, lots of politics are the decision and timing. Good to see the recent LTG acquisition as well. GLA

[tarrant777] 10/12/2020 16:44

Approaching a 12 month high. I know nothing about the probability or scale of a contract with the Royal Navy speculated by some on this board, but one feels that if it is announced as a win, and is material in value, we may see a new high before Christmas-which would be very nice!

[the runt] 08/12/2020 16:33

These constant share dilutions are a bit annoying - fortunately LTG doesn't have many more in reserve.

[phillis] 08/12/2020 12:27

GS appear to be winning today

[aimingupward2] 08/12/2020 10:45

To a degree, yes. More astonishment, though, that GS and Bb can be poles apart like that. Is there bias there too?

[phillis] 08/12/2020 09:39

you are showing bias Aiming!

[aimingupward2] 07/12/2020 13:46

Both Goldman Sachs and Berenberg have come out with revised recommendations and target prices following the acquisition this morning. The discrepancy between them is still as wide as it was. BB still say BUY and raise their tp from 190 to 200p. GS still say SELL but raise their tp from 115 to 118.3p. What grudging precision on the part of GS ! That alone tells me there is something adrift in GS's thought processes. Spurious accuracy, suggesting an inability to see the bigger picture.

[phillis] 07/12/2020 13:19

Top slicing time

[tarrant777] 07/12/2020 10:19

Yes. I really couldn't get my head around that utter nonsense!

[aimingupward2] 07/12/2020 09:19

But what Goldman Sachs initially came up with was an unhelpful ‘sell’ recommendation and a target price of 111p !! Have they changed their view since, I wonder ?

[tarrant777] 07/12/2020 09:09

Indeed another earnings accretive acquisition-but one can't help thinking that Brodie/Satchell employed Goldmans alongside Numis to source much bigger deals and propel the business towards a $2bn. market cap. As the dust (hopefully) starts to settle post Covid, I still expect to see LTG becoming one of the world's leading businesses of its type, and then maybe itself become a target.

[phillis] 07/12/2020 09:03

$20m cash for $10m revenues - for starters

[aimingupward2] 07/12/2020 08:50

So here it is - an encouragingly good looking North American acquisition :

“Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, has acquired eThink Education LLC ('eThink'), a leading provider of Moodle-based learning management systems (LMS), for an initial cash consideration of $20.0 million (c.GBP14.8 million).” - and a final cost of $36m.

Fingers crossed now for the Royal Navy contract.

[aimingupward2] 04/12/2020 11:46

The anticipation of really good news, probably next week, is being evidenced in another strong move up this morning. And as gokarna says, possibly an acquisition as well as participating in the major royal Navy contract.

[jeffian] 03/12/2020 17:33

It's good news and bad news for me; good news - the share price, bad news - only 20% of my holding sheltered in ISA's. Doh!

[gokarna97] 03/12/2020 16:10

Well from what I hear the big Royal Navy contract decision is next week. But maybe there is a decent-scale acquisition happening as well?

[phillis] 03/12/2020 15:52

Wonder why this is going up?