Learning Technologies Share Discussion Threads

[mysteronz] 10/2/2019 07:10

PE of 15 with 71% run rate recurring revenue, diversified worldwide revenue streams a software company with growing margins..... These companies are like gold dust!

Nico115 if you find better of even slighty wose companies please let me know, i’ll genuinely owe you one :)

[nico115] 09/2/2019 23:15

Actually not that cheap Market cap 460 plus debt 15 = 475. Profit (heavily adjusted) prob 30. Say 35-37 in 2019 with full year of big acquisition. Cant figure out ongoing tax rate but P/E is 15XWill give it a miss,far cheaper stocks out there

[mysteronz] 09/2/2019 22:30

Great video - not seen before from CEO post this trading update above

[redartbmud] 09/2/2019 22:22

Pre Close Trading Update

Profit and cash generation significantly ahead of expectations

Learning Technologies Group plc, the leading integrated digital learning and talent management services and technologies provider, is pleased to announce a trading update for the year ending 31 December 2018.

The Board expects Group revenues to be c.£94.0 million (2017: £52.1 million), with recurring revenues increasing to c.68% (2017: 39%), driven primarily by the transformational PeopleFluent acquisition in May 2018. The Board anticipates recurring revenues to be c.71% on an annualised basis.

Organic revenue growth on a constant currency basis, excluding the CSL contract, was c.+8% across Software & Platforms and c.-8% in Content & Services against tough prior year comparators. PeopleFluent revenues for the last seven months of the year have been reduced, as expected, in line with LTG's accounting policies under IFRS 15.

Adjusted EBIT is expected to be significantly ahead of expectations at not less than £26.5 million (2017: £14.0 million) primarily as a result of improved margins across the Group and operational synergies being realised from the successful integration of PeopleFluent.

In May, as part of the PeopleFluent acquisition, LTG entered into a new $63 million debt finance facility. As a consequence of the strong improvement in margins and good operating cash conversion, the net debt of the Group at 31 December 2018 is significantly better than the Board's expectations at £11.5 million (2017: £1.0 million net cash). Available debt headroom combined with gross cash at 31 December 2018 of £26.8 million (2017: £15.7 million) provides the Group with substantial funding to finance further acquisitions.

LTG delivered a strong sales performance in the final quarter of 2018 which has translated into positive momentum in the new financial year across both the Content & Services and Software & Platforms divisions.

An active pipeline of attractive international acquisition opportunities supports the Group's ambition to continue to consolidate the high growth corporate learning and talent market.

The above results incorporate the alignment of PeopleFluent's accounting policies with LTG, including the application of IFRS 15, capitalisation of R&D and acquisition accounting adjustments under IFRS 3. Further details will be provided with LTG's full year results which are expected to be announced on 19 March 2019.

Jonathan Satchell, CEO of LTG, said:

"2018 has been another exceptional year of growth and fundamental transition for LTG, as we evolve towards a high margin, recurring revenue model with the majority of our revenue derived from the US. This has been achieved by building a compelling offering in the corporate digital learning and talent market and our track record of improving the operating model and performance of recent acquisitions, such as PeopleFluent and NetDimensions.

In November 2018, LTG announced a new strategic goal to achieve run-rate revenues of £200 million and run-rate EBIT of at least £55 million by the end of 2021. It is encouraging to announce good early progress towards this strategic goal, alongside excellent cash generation, a strong balance sheet and an active pipeline of attractive acquisition opportunities."

[william06] 09/2/2019 21:50

The are losing clients left right and centre - a huge amount of good staff from the recent acquisition Peoplefluent have left - they have no knowledgable sales people

All the products are old which is why long-standing clients are leaving. They will soon lose their biggest clients in South Africa and Asia

This is a typical buy and clean out operation to fool investors on growth - all the recent profit was from losing close to 200 staff and the salaries flowing to the bottom line

[nico115] 09/2/2019 14:31

Been told to have a look at this company Can anyone tell me why this has fallen after the last trading statement which looked goodTIA

[mysteronz] 09/2/2019 13:10

Anyone have a copy of the recent short report that was released recently, not the % but the written report?

Best not to bet against Brode/satchell

[jamesjjj] 08/2/2019 21:05

"independent analysis of the digital learning market recognises LTG and its portfolio of brands for constantly developing and delivering innovative digital learning solutions.

LONDON — Learning Technologies Group plc (LTG) is recognised by the 2019 Fosway 9-Grid™ as a strategic leader in digital learning for providing a rich suite of capabilities and features to meet the needs of complex enterprise-scale organisations. Fosway 9-Grid™ is a model developed by Europe’s top HR industry analyst, Fosway Group, for organisations to compare and understand different solutions and providers in a selected market segment."

[longshanks] 08/2/2019 17:46

Given the share price movement, I suspect that was a sale order worked through the day.

[drsamwaa] 08/2/2019 16:59

someone just placed an order for 2 million shares, out of hours. So not all bad.

[baz147] 08/2/2019 16:36

Went to 67p then someone sold 300ks worth!!

[21ant] 08/2/2019 13:22

I swear I'm jinxed!!
Im averagibg at 93p on these so down a few thousand but like everyone else I just can't see a sensible reason for this severe drop.
I got some more on a spread bet yesterday and they triggered my stop when I had to nip out for 10 mins costing me £200 then bounced immediately up 2p!! Grrrrrrrrr

[microscope] 08/2/2019 12:48

Useful I think to remind ourselves that the market works on two main principles - Greeed and Fear. Greed when everyone is buying, the price is going up and everyone expects more. And of course the complete opposite. a quick read of this thread suggests the latter is in full charge here, replacing the former from last summer. Also that it over-compensates at both ends as a result. This stock is a good example

It's clear there's a lot of Fear around at the moment. I think that on a 6-12 month view it is massively misplaced, on a 1-3 year view the fact we ever revisited these levels will have people disbelieving. Time will tell.

For short term traders who knows, but if you're an investor, then this looks to me a great entry point.

[baz147] 08/2/2019 12:44

Lot's of buys coming through.

[drsamwaa] 08/2/2019 12:41

ha ha ...as soon as you wrote that it jumped 2 points! None of this makes sence....

[baz147] 08/2/2019 12:13

This is ridiculous, think I'm out

[toyin] 08/2/2019 12:06

the patient investor, No problem. I know how difficult it is to make money in this game and although I am not a holder, I always try and post info that may help others not lose their shirt.

All the best

[gorilla36] 08/2/2019 11:39

toyin/the patient investor - Room for both views here I think. I'm no great fan of TW but value both your comments/inputs here, unlike other boards on ADVFN this one has not degenerated into idiocy, it would be great to keep it that way.

[value viper] 08/2/2019 11:38

What's the rationale for the short note anyone know ?Assume it's valuation drivenBut u place your bets etc

[baz147] 08/2/2019 11:35

Now at lowest range of 52 weeks! Hope this doesn't got below the 60 mark.

[toyin] 08/2/2019 11:28

patient investor TW didn't write it, he has just commented on it. If you choose to bury your head in the sand and not consider all information go for it. I was only trying to help, next time I wont bother.

Good Luck

[microscope] 08/2/2019 11:28

This looks like the fifth and final Elliott chart wave down, a possible technical indication that capitulation is happening. I've a pricepoint at which I'm a buyer, and it is above 40p. Peel Hunt have a target of nearly two pounds remember, while share price have 40p - as of today. Amusingly someone here said 40p last night. One wonders whether that was just coincidence.... ;)

I have followed this management for several years and always been impressed. The acquisitions look great to me and always felt 2019-20 would be the time profits would really deliver rapid eps growth. I see no reason to change my mind atall and suspect there are more acquisitions to come, which they have hinted at.

Miton we know about, and their annual fund redemptions are in March I believe so i would expect them to be gone shortly. Also once any final sheep have left the building, recovery could be quite sharp in my view.

Just as it got ahead of itself when everyone was bullish and buying last summer, so I'm convinced it has gone too far the other way. Anyone reading the recent trading statement should be able to see where I am coming from!

[jeffian] 08/2/2019 11:25

I thought he'd disappeared in disgrace?

[the patient investor] 08/2/2019 11:24

the herd of idiots following the idiot par excellence TW