Learning Technologies Share Discussion Threads

[phillis] 28/7/2022 10:39

This is the driver:

"The integration of GP Strategies is progressing well with margin improvements and strong organic revenue growth ahead of our expectations. This momentum supports our confidence that GP Strategies will achieve our previously stated guidance of 12% EBIT margin in FY 2022.

[tarrant77] 26/7/2022 10:36

Great statement. Very difficult to see how Mr Market can be anything other than impressed as the company appears set fair, in challenging world market conditions, to push close to £100m profit in the full year, with a strong contribution from last years major acquisition.

[bulltradept] 26/7/2022 07:58

Let's see if Mr Market is impressed by the end of the week.

[phillis] 26/7/2022 07:41

V strong performance and v bullish

[aimingupward2] 23/6/2022 15:58

Over a million shares sold in a matter of minutes but it hasn't set the price back. The mms must want stock ahead of the July trading statement which is encouraging.

- and a decent finish to the week.

[aimingupward2] 22/6/2022 14:46

I think there is little doubt that the chart will do more than stabilize. It either is, or very soon will be. on it's way back up again.

[microscope] 22/6/2022 12:09

Sounds like the July trading statement could be a belter. Getting very interesting again here if chart can stabilize.

[hazl] 22/6/2022 11:07

Andrew Brode, Chairman of LTG, will make the following remarks at the AGM:

"As we stated in our full year results, our transformational GP Strategies' acquisition continues to progress ahead of plan. The enlarged Group provides a platform to capture a greater proportion of the circa $100 billion and growing addressable market in digital learning and talent management.

While mindful of the current macro environment, strong business momentum has continued into the first half of 2022 and we have a robust balance sheet that will support further strategic acquisitions in due course, underpinning the Board's confidence of significant progress.

"We are delighted by the progress made in the first half of this year and look forward to providing a Trading Update on 26 July".

[hazl] 22/6/2022 11:03

Oh jolly good another riser!

[phillis] 14/6/2022 14:29

There has been a lot of running cost that has been dumped in the adjusted bin

[jeffian] 10/6/2022 22:49

Me too, which is why I think "freefall" is unlikely but even if it happened, I would be confident that in the long term all would come right. Brode companies feature 2 KPI's which are at the top of my list - cash generation and strong balance sheets. More often than not, they have net cash on the balance sheet and in those periods when they don't - after an acquisition - debt is paid down very quickly from cash generated..

[microscope] 10/6/2022 19:05

That's the most head and shoulders chart you'll see. Seriously does not want to go any lower or could be freefall. Incidentally before you shoot the messenger, I'm signed up to the Brode fan club, infact I probably came close to being a Founder member! Once a Brodie, always a....

[hazl] 08/6/2022 08:45

Come on LTG!

[davemac3] 09/5/2022 10:47

Director buying

[the runt] 04/5/2022 16:07

Not looking very good atm.

[diku] 03/5/2022 22:13

Head on?...

[phillis] 03/5/2022 21:40

Hardly any real profit at all
Looks like an accident waiting to happen

[toffeeman] 03/5/2022 10:55

Thnx all - makes sense

[albert arthur] 03/5/2022 10:13

£2.32p sorry

[albert arthur] 03/5/2022 10:13

Goldman have just increased their target to buy £2.22p

[phillis] 03/5/2022 10:08

Clearly a lower margin business on acquisition
It’s been dust binned

Any way since when did Development costs get included in adjusted EBIT calculation
Surely they are part and part of running the ongoing business?

[hazl] 03/5/2022 09:04

Ah thanks B just read your offering.

[hazl] 03/5/2022 09:02

I think that the acquisition needed time perhaps, to cover and show improvement.
We all agree there have been massive challenges over the last few years.

They have tried to tackle costs through several actions 'including improved commercial governance and enhanced procurement controls, shared procurement efficiencies and a reduction of spend on third-party subcontractors. '


'Overall, we have seen a swifter-than-anticipated improvement in operational performance, with excellent progress being made. It is important to acknowledge the collegiate and co-operative approach of our GP Strategies' colleagues in this crucial commercial initiative. As a result, we expect a GP Strategies' adjusted EBIT margin of 12% in 2022. We remain confident there is further margin improvement potential for the business beyond this, such that we expect the run rate adjusted EBIT margin at the end of 2022 to be in the mid-teens. '

At least they concentrate on training for company focus rather than individuals.
Difficult times ahead for the stock market in general.

IMO

[buffetteer] 03/5/2022 08:41

Very simple toffee
They’ve just bought a v.large services business GP Strategies making 5% margins when the rump business makes 30%. Thus the combined 2 makes less %. The excitement for shareholders is the newly informed expectation of increasing the GP business this year from 5 to 12% and higher next thus enriching the overall blend . Ps he’s done it several times before but this is so big the spoils are that much greater . Remember he’s doubled the size of the business for only 6% dilution .That’s why founder led businesses are often best for us PIs - were in the same boat !