Learning Technologies Share Discussion Threads

[aimingupward2] 22/1/2018 12:10

100,000 shares buy just gone through at 85p. Somebody’ very confident!

[aimingupward2] 22/1/2018 11:24

Surely Berenberg will be raising their target price now that their 80p has been surpassed this morning, perhaps in line with Numis’ 90p - or more!

[fbrj] 22/1/2018 10:51

I see Numis has raised its target share price to 90p on the back of this morning's excellent announcement.

[microscope] 22/1/2018 10:46

Absolutely delighted, once again the mantra of backing strong management wins out. They were my share for 2017, just after a spike to 34.5p. About thirteen months later and over 80p, growing at a staggering rate and with more to come.

Not many AIM companies can say

'...LTG's scale and expertise allows it to work closely with large blue-chip corporates and national governments as their trusted strategic partner, who are increasingly embracing e-learning solutions as evidenced by the record order book we carry into 2018....'

And a target to double turnover again by 2020 from a company who have shown they know exactly how to manage the issue of scaleability, on which so many founder. More acquisition targets too, it seems.

What's not to like? :)

[the juggler] 22/1/2018 08:06

Now that's a great start to Monday morning!

[longshanks] 22/1/2018 08:00

Great results

[luckymouse] 22/1/2018 07:51

free stock charts from uk.advfn.com

[multibagger] 22/1/2018 07:08

Another super exceptional set of figures...we will be leaving the 70s behind :)

RNS Number : 4425C

Learning Technologies Group plc
(AIM: LTG)

Pre Close Update
Profit and cash significantly ahead of market expectations

Learning Technologies Group plc ("LTG" or "the Group"), the leading integrated e-learning services and technologies provider, is pleased to announce the following update for the year ending 31 December 2017, ahead of the announcement of its full year results, which is expected on 19 March 2018.

The Board expects Group revenues to be not less than £51.8 million (2016: £28.3 million). This excellent performance has been driven by exceptional underlying organic revenue growth of more than 20% (excluding the CSL contract in partnership with KPMG UK LLP), with recurring revenues increasing to 39% (2016: 27%) primarily as a result of the strong growth in the Group's software businesses, and a maiden contribution from NetDimensions, acquired in March 2017.

Adjusted EBIT is materially ahead of market expectations at not less than £14.0 million (2016: £7.0 million) primarily as a result of strong growth in services and software licence sales, the successful integration of NetDimensions, and continued cost control.

The Group's cash position is also significantly ahead of market expectations, primarily as a result of good operating cash conversion, the successful integration of NetDimensions, and the exercise of employee share options. At 31 December 2017 gross cash was £15.7 million (2016: £5.3 million) and net cash was £1.0 million (2016: net debt of £8.5 million).

LTG continues to enjoy an encouraging pipeline of international acquisition opportunities as it seeks to diversify and deepen its strategic consultancy, creation, delivery, and analytics offering in the fast growing learning technologies market.

Andrew Brode, Chairman of LTG, said:
"2017 has been another exceptional year. LTG has experienced robust organic revenue growth during the year and, along with the successful acquisition and integration of NetDimensions, now enjoys a higher proportion of recurring revenues and an increasingly diversified client base both in terms of market sectors and geographical reach.

LTG's scale and expertise allows it to work closely with large blue-chip corporates and national governments as their trusted strategic partner, who are increasingly embracing e-learning solutions as evidenced by the record order book we carry into 2018.

In October we announced our new strategic objective to deliver run-rate revenues of £100 million and run-rate EBIT of £25 million by the end of 2020, financed through the use of internally generated operating cash flows and prudent debt financing, minimising dilution for shareholders. These impressive results for 2017 are an encouraging indicator of the progress that is being made towards this ambitious goal."

[the juggler] 16/1/2018 19:30

70p at last! Update next week - hurrah!

[microscope] 16/1/2018 19:00

Thanks for that, Andrew (I presume! :) ).

[brode2] 16/1/2018 18:21

Trading update will be next Monday 22 January.

[the juggler] 15/1/2018 19:24

Hope we do get a TU. All I can find is this:-

Tuesday 3rd April, 2018 (Estimate)
Full Year 2017 Learning Technologies Group PLC Earnings Release

[microscope] 15/1/2018 19:00

Still shying away from 70p. I tried to call the chart about a month ago, but it didn't quite make the breakout, so am loathe to tempt fate again. Think there was a trading update in mid-Jan last year, so be no surprise if we get one this week or next.

Will be looking out for the impact of NetD, and the accelerated contract. The latter should see an uplift in 2017 profits, though it will be interesting to see if the gap it leaves for the next financial year can be filled.

Knowing what Andrew Brode is like, it will be!

[microscope] 12/1/2018 15:05

Not sure that a stock the size of WEY with due respect to it (I like it incidentally but probably was due a blow-out) would have any influence on a near 400 million market cap company, even if it is the same-ish sector. Would expect other way round if anything

[the juggler] 12/1/2018 13:59

Down again to the start point again now I see. I wonder if performance at WEY is holding us back somewhat?

[aimingupward2] 12/1/2018 11:32

Not only that, Juggler, but over 900,000 sold just over half an hour ago and the bid price has since edged up.

[jeffian] 12/1/2018 10:10

I hope so.







Oh, I misread it. Thought you said "Brode's well".

;-)

[the juggler] 12/1/2018 10:06

Just seen a nice 200k shares purchased at 68p. Bodes well!

[fbrj] 11/1/2018 11:46

T777 - there's part of the answer I suppose, River and Mercantile sold down something like 4.6m shares yesterday without the share price being really affected. It looks as if the corporate broker found a home for them.

[the juggler] 11/1/2018 10:45

Happy New Year holders! Looks like we might finish the week at 70p or more!

[mfhmfh] 11/1/2018 10:41

just about new highs now

[tarrant777] 10/1/2018 22:29

Sorry fbrj, I can't answer any of your questions.I don't know much about Berenberg beyond a knowledge that they are a major European outfit, only recently, to my knowledge, operating in the U.K.I have absolutely no idea why the volumes spiked so substantially today (possibly encouraged by the B note?) but the buyers obviously flushed out a few large scale sellers, which is surprising given the company's reasonably positive noises and director purchases in Q4 of 17.Anyway, the next few days will certainly be interesting if whoever is buying continues to be active, but I've long ago stopped trying to double guess the market.LTG is also my largest holding, so for both our sakes, I hope that things continue to go well for the company, in which case, sooner or later the stock price will respond.

[fbrj] 10/1/2018 18:49

T777 - well let's hope their managed funds and assets under management follow up the views of their research colleagues! I don't know how well known Berenberg are in the UK but they are headquartered in Hamburg and are an old established private bank with some €40 billion under management and 1500 employees. They have 80 analysts on the equity research side.

I've only been investing in LTG for just over a year, really through the Brode connection at RWS, which I have held for 4yrs+. I have been topping up my LTG holding recently and it is now my largest holding - probably an amount that is not sensible but hey - one has to take a risk once in a while! My average price overall is just under 50p.

I'd be interested on your (and anybody else's) views on the volumes here - quite substantial and in some large chunks too - that seemingly hardly affect the share price Despite the volumes (who is selling?) the overall daily movements are often just a 1-2p. Recently I've noticed that the share price "moves" are smaller (0.10p instead of 0.25p previously) and the spread sometimes is tiny. Why is this and what does it mean?

[tarrant777] 10/1/2018 11:54

Berenberg have rated LTG their top small cap pick for 2018.Maybe that encouraged one buyer to pick up 5m shares this morning at 65.15.

[tarrant777] 29/12/2017 15:07

Well, after months of thinking that the shares could possibly end the year starting with a 7, I can live with the "disappointment" of seeing a closing price of 68.5p, suspecting that if the Company has had a good end to the year and puts out a positive trading update sometime in January, it should be just a matter of time.Happy New Year to all LTG followers and congratulations to the management team on doubling the share price in 2017.A great performance-and one that we would all love to see repeated next year!