Learning Technologies Share Discussion Threads

[christh] 10/3/2020 07:48

Obviously you can not read
They bought a chest of gold that will turn in to more chests of gold.
They have paid around £31.7m and will run as a subsidiary separate company.
It will generate cash for the company and boost the earnings of LTG.
The LMS generated $16m revenue this year.

LTG board want to generate revenues of £200m by the end of 2021 and they are on their way in achieving that.

Great aquisition, great investment, great company.

[toffeeman] 10/3/2020 07:38

I am not sure what they have actually purchased!

[multibagger] 10/3/2020 07:09

RNS Number : 5043F

Learning Technologies Group plc

("LTG", the "Group")

(AIM: LTG)

Proposed Acquisition of Open LMS

- Provides LTG with solid foundation in the high-value open-source market
- Multiple routes to enhanced growth through LTG's extensive customer base
Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, is pleased to announce the proposed acquisition of the business and assets of Open LMS from Blackboard Inc for cash consideration of $31.7million (subject to some customary price adjustments), to be funded by the Group's existing cash and bank facilities.

The proposed acquisition of Open LMS reinforces Learning Technologies Group as an industry leader in learning software, adding complementary expertise to the Group's existing proprietary software solutions, through the addition of expertise in the market's leading open-source Learning Management System (LMS), Moodle. It will support LTG's strategic goal to achieve run-rate revenues of GBP200 million and run-rate Adjusted EBIT of at least GBP55 million by the end of 2021.

The Open LMS business will provide LTG with a solid foundation in the high-value Moodle market. Customers across the LTG portfolio will be able to benefit from the popular open-source Moodle LMS delivered across a managed SaaS platform, to create personalised learning programmes. The Moodle community brings together the education market and corporate learning market, for the development of skills to support the needs of organisations across the globe. For corporate users, it enables businesses to offer a continuous learning experience for their people wherever they are and at any time.

Following completion, Open LMS will be run as a standalone brand within LTG's portfolio of best-in-class businesses. Phill Miller, Chief Learning and Innovation officer at Blackboard, will join LTG as Managing Director, bringing significant experience and expertise in the global Moodle market. LTG will support Open LMS through its existing operational infrastructure and, under a partnership arrangement, LTG will resell Blackboard's suite of products that integrate with Moodle to meet the demands of current and future customers.

Open LMS will be acquired by way of a combined asset carve-out and entity acquisition from Blackboard. In the year ended 31 December 2019 the Open LMS business generated unaudited revenues of c.$16 million. Approximately 70% of Open LMS's revenue is derived from recurring subscription fees. The proposed acquisition is expected to complete within 30 days.

Jonathan Satchell, Chief Executive of Learning Technologies Group, said: "I am excited to expand LTG's capabilities through the acquisition of Blackboard's market-leading Moodle expert, Open LMS. The corporate learning market is showing increased interest in this type of scaleable technology, and we will now have the capability to meet customer demand. I am excited that Phill Miller has agreed to join LTG to drive forward our investment in open-source and to expand LTG's position in this important market segment."

Phill Miller, Chief Learning and Innovation Officer at Blackboard, said: "I'm thrilled to be joining LTG and to have the opportunity to deliver on the strong growth potential for Open LMS as part of LTG's portfolio of best in breed technologies for learning and talent management. We have built a highly compelling product offering, and now have the opportunity to establish a clear market leadership position in the popular Moodle market - enabling businesses to focus on developing the skills required for the modern workforce."

Andrew Brode, Chairman of Learning Technologies Group, said: "The addition of Open LMS demonstrates LTG's unique position as a consolidator in the market for learning and talent management software and services. It follows our most recent acquisition, BreezyHR, acquired in April 2019, which has enjoyed excellent growth with revenues increasing by c.60% in FY19. We expect the acquisition of Open LMS to be attractively earnings enhancing. The benefits of our broad portfolio are recognised by LTG's corporate customers, and this opens up an array of opportunities to greatly enhance the revenue of the Open LMS business."

[blackfoxtrading] 09/3/2020 17:36

If this share breaks through £1.00, next stop will be circa £0.70p.

[investor0109] 07/3/2020 13:06

I must agree, tarrant777, it could have been and dare I say, could be worse in my opinion. I'm interested to know whether you or anybody else here believes the market- generally speaking-has become somewhat more sentimental as it becomes more accessible?

Agreed also that to expect LTG to be worth £2 per share as soon as spring isn't realistic- wish fulfillment perhaps! Having said that, I don't think such a valuation is unrealistic within the next 12-18 months, what with new deals and potential further acquisitions likely within the coming months and years.

I consider LTG a good long-term hold and wonder whether one of the training industry titans might one day approach. The likes of Kaplan Financial etc. Thoughts on that appreciated.

[jeffian] 07/3/2020 12:54

I had to look that one up!

[toffeeman] 07/3/2020 12:11

Christh suffers from apophenia

[tarrant777] 06/3/2020 17:53

Actually, as the world markets turn into a blood bath of serious proportions, the share price of LTG has been relatively robust-but the terrific optimism of £2 a share this spring now looks considerably overblown!

[investor0109] 06/3/2020 10:13

Here we go again! Be sure to sell all of your shares and put your money into vast quantities of toilet paper and long-life milk...
...idiots. Idiots everywhere.

[christh] 05/3/2020 13:53

Blackbogger5 Mar '20 - 13:29 - 1820 of 1820
Christh has a deep insight into how shares behave....



who's the prat?

You do not need a crystal ball or gazing at the stars, do you?

Ask yourself a question
-------------------------------------
Why will they buy more shares? what's in it for them? why Buy LTG when they could buy something else?

if you can answer these questions then you know why I am so positive and optimistic about LTG.

Otherwise shut up and hide in your hole!

[blackbogger] 05/3/2020 13:29

Yeah Phillis, you're a disgrace using that horrible language. There's no room for a word like Riding on these boards. AND you're a woman, for goodness sake.

Christh has a deep insight into how shares behave, how women should behave and the use of vulgar language.

In fact, he's not a sod, he's a prat!

[christh] 05/3/2020 11:28

Phillis
you are using vulgar language, seem to have a problem
And your name indicates a woman.
Shame on you.


What I post there is my own opinion and you do not have to follow it or read it.
Remember FILTER BUTTON!!!!

[toffeeman] 05/3/2020 11:25

Yes he is!

He has a massive portfolio of two stocks this one and BOO - I find him amusing and very stupid.

[drsamwaa] 05/3/2020 09:53

Christh...are you in an alternative reality ?

[phillis] 05/3/2020 09:52

Poor sod has obviously a lot riding on this one stock

[christh] 05/3/2020 00:06

It got to 148p a bit short to my target of 150p, but will now continue to 180p and then 200p.
Keep with it and hold them tight.

[mfhmfh] 04/3/2020 09:26

yes, but Kabouter Management have still been buying

[mfhmfh] 03/3/2020 18:08

also remember since the end of January Kabouter Management have gone above 6% holding.

they describe themselves as 'international small-cap specialists'.

[inkey28] 03/3/2020 16:42

Well done Christh, I'll be happy to see 140 hold tomorrow :-)

[johndoe23] 03/3/2020 16:20

Christh, your prophecy looks like coming true!

[christh] 03/3/2020 15:57

We could hit 150p tomorrow, momentum is strong