Learning Technologies Share Discussion Threads

[mfhmfh] 02/10/2017 12:35

hitting new highs now with good volume. 60p next?

[tarrant777] 02/10/2017 09:02

Another interesting week coming up for LTG as the company hosts a comprehensive Capital market's event on Tuesday, which will hopefully reinforce to attendees the very positive news flow that has been coming out of the company all year.Excellent initiative, in my view, to see Mr Satchell extending an invitation to the event to ordinary smaller shareholders.Agree with various posts above that I hope to see the share price continue to push on from here.

[mfhmfh] 26/9/2017 12:34

hoping the share price can push to new highs. I have total confidence in the management team in this company.

[mysteronz] 25/9/2017 17:43

Its great to see PI's being considered and also for you to take the time to post on the forum to let us know. Unfortunately i cannot attend but good luck and thanks for you and your teams hard work :)

[microscope] 25/9/2017 13:48

Excellent that you've made space for PIs Jonathan. Unfortunately will be overseas next week, but hope others will take up your offer and good luck with the presentation.

[jsatchell] 25/9/2017 09:27

LTG is holding a Capital Markets Day for analysts and fund managers next Tuesday, 3/10 at 3.15pm, in the City. Our MD's will present their company's products and services giving real insight into what the group does. There are a few places available for private investors. If you'd like to attend please email me at [e-mail] by 5.30pm Friday 29/9. Many thanks, Jonathan

[philoosh] 21/9/2017 15:48

Is this likely to hit 60p before Christmas? Where can it go from here?

[mfhmfh] 20/9/2017 17:23

continuing to rise with high volume...

[tarrant777] 19/9/2017 18:31

32 million shares traded (presumably 16 m two ways as brokers don't buy many on to the book these days) in the last two trading days. Remarkable volume for a £300m AIM company.

[longshanks] 19/9/2017 10:04

Probably Lombard Odier continuing to offload. Happy to hold myself. A good long term investment imo.

[multibagger] 19/9/2017 09:13

2m trade at 52.50...wonder which fund or director is selling and who is mopping up ? No shift to bid or ask...

Taken in context with other large trades recently, a holdings RNS should be due when this process is complete...

[tarrant777] 19/9/2017 08:01

Much water to go under the bridge between now and Dec 31st.I remain optimistic.

[multibagger] 18/9/2017 21:23

Hi Tarrant77,

Some frenetic trading towards the close...let's hope the trend continues :)

Good volumes with some very chunky trades to boot...

Some way to go before either my this year target price, or yours comes good !

[tarrant777] 18/9/2017 17:21

Huge two way trade in the stock today.

[phillis] 18/9/2017 16:53

Just under £2m loss after tax but a good positive story

[multibagger] 18/9/2017 14:15

Cheers Microscope...edited - with your hint incorporated :)

[microscope] 18/9/2017 13:29

Mb, try capital Ts to make links 'live'. no idea why it works, but it does!

Very good progress as expected, and though you'd be shocked if they hadn't been ahead on like-for-like basis, the 'ahead of expectations' outlook is indeed welcome!

[multibagger] 18/9/2017 10:50

Jonathan Satchell interview can be viewed at....



Surprisingly muted response to the excellent figures...may be market not clear that a large part if organic growth and Netdimensions has contributed to only 3 months of revenue.

[mfhmfh] 18/9/2017 09:34

Numis retains buy rating today and increases target price to 63p from previous 60p.

[mfhmfh] 18/9/2017 07:37

I liked the above statement also.

In addition the company is actively looking for acquistions.

[grabster] 18/9/2017 07:13

"Strong start to H2 2017 with trading ahead of management's expectations and order book significantly ahead of the prior year on a like for like basis."

[multibagger] 18/9/2017 07:07

Fantastic results and outlook - should add another 4-5p today I would imagine :)

Learning Technologies Group PLC Interim Results 2017

18/09/2017 7:01am
UK Regulatory (RNS & others)

RNS Number : 9642Q

Learning Technologies Group plc

(AIM: LTG)

Interim Results 2017

"Successfully delivering on LTG's strategic ambitions"

Learning Technologies Group plc ("LTG" or the "Company"), a market-leader in the fast growing learning technologies sector, is pleased to announce interim results for the six months ended 30 June 2017.

Financial highlights:


-- Revenue increased to GBP21.5 million (H1
2016: GBP12.8 million) - up 68%
-- Organic revenue grew to GBP17.6 million -
up 33%
-- Recurring revenues increased to 37% (H1 2016:
24%) - up 153%
-- Revenues generated outside of the UK increased
to 46% (H1 2016: 32%) - up 140%
-- Adjusted EBIT increased to GBP4.1 million
(H1 2016: GBP2.9 million) - up 41%
-- Adjusted EBIT margin of 19.2% (H1 2017: 23.0%)
- down 380bp due to NetDimensions
-- Adjusted diluted earnings per share of 0.523
pence (H1 2016: 0.597 pence per share) -
down 7% due to NetDimensions
-- Proposed interim dividend of 0.09 pence per
share (H1 2016: 0.07 pence) - up 29%
-- Successful debt refinancing provides LTG
with GBP20 million facility for five years
-- Strong balance sheet with adjusted net debt
of GBP9.8 million - c1.1x Net Debt/LTM EBITDA

Operational highlights:


-- Excellent progress in delivering on LTG's
strategic ambition to build an international
full-service digital learning offering for
corporate and government clients
-- Successful acquisition in March 2017 of NetDimensions
brings to the Group a leading proprietary
Learning Management System and adds the final
key technical capability to LTG's service
offering
-- Integration of NetDimensions completed on
time and to plan in Q2 2017; the majority
of the annualised incremental EBIT benefits
of c$8 million (cGBP6.2 million), as stated
at the time of the acquisition being announced,
have been realised and the remainder will
be realised in Q4 2017
-- Civil Service Learning ('CSL') project being
delivered in line with expectations
-- Strong start to H2 2017 with trading ahead
of management's expectations and order book
significantly ahead of the prior year on
a like for like basis

Commenting, Jonathan Satchell, Chief Executive of LTG, said:

"The skills, motivation and knowledge of our staff are the keys to these exceptional results as they partner our clients to place learning at the heart of their business strategies. We are achieving excellent trading momentum into the second half giving us confidence in the outlook for the rest of the year. Furthermore, the transformation of NetDimensions is well on track and we therefore look forward to achieving our significant growth in 2018 with confidence."

Commenting, Andrew Brode, Chairman of LTG, said:

"The Group has made excellent progress delivering on its strategic ambition of building an international business with annual revenues in excess of GBP50 million and strong operating margins. LTG has demonstrated strong organic revenue growth across all businesses and has continued to expand its client base and international reach whilst at the same time increasing its recurring revenue base.

The acquisition of NetDimensions completes the final key technical capability that will allow the Group to offer its corporate and government clients a truly comprehensive service. The ambitious integration of NetDimensions has been completed on time and the Board is confident that this will result in a strong margin performance in the second half of the year.

The Board continues to look at acquisition opportunities where the Group will be able to leverage its established technical capabilities and working practices in domain specific market sectors, supported by its industry leading employees.

The Board is therefore confident in the Group's prospects and expects to report enhanced progress during the remainder of 2017."

Learning Technologies Group will be hosting a Capital Markets Day on Tuesday 3rd October for investors and analysts. Please email Bertie Berger at Hudson Sandler on [e-mail] for further information.

[megasonic] 17/9/2017 23:59

Looking forward to tomorrow's report. Should be solid fundamentals. Hopefully carry on the momentum from Friday's strong close.GLA

[mfhmfh] 13/9/2017 09:02

Trading update on 21.07.17 said results would be on 18.09.17.

Berenberg target price 65p.

Numbs target price 60p.

Hopefully above will be upgraded.

[tarrant777] 13/9/2017 08:37

Numis's note this morning says that H1 results will be published next Mon, and as house broker I guess they must know!