Learning Technologies Share Discussion Threads

[drsamwaa] 27/9/2022 13:05

Macro economic forces I'm afraid not to mention geopolitical... there is nothing but bad news on the horizon

[the runt] 27/9/2022 12:53

Not sure what kind of news is going to lift this share. There seems to be an inevitability about its ever-falling price.

[rambutan2] 22/9/2022 20:09

In his own words:

Jonathan Satchell, Chief Executive Officer of Learning Technologies Group, said:

"The strong performance is a reflection of LTG's strategy in action. I am excited to see the positive impact that GP Strategies is already having, and I am delighted with the improving EBIT margin and sustained organic revenue growth in the business.

We remain confident in LTG's resilience as we continue to deliver growth despite the wider macro environment. LTG is in a strong position as more organisations focus on recruiting, training, motivating, and retaining the best talent. I look forward to conveying more detail about the enhanced capabilities of LTG at our Capital Markets Day on 13(th) October."

And debt/cash:

We have a strong track record of cash generation and this remains a priority for us with cash generated from operations of GBP26.8 million (2021: GBP19.9 million). Cash conversion of 60% included a normal cyclical H1 working capital investment in GP Strategies masking a 98% cash conversion in the remaining business. This working capital investment is expected to partially reverse in H2 and full year cash conversion is expected to be in the normal mid-80% range.

Net debt was GBP145.3 million at 30 June 2022 (31 December 2021: GBP141.4 million), excluding GBP21.4 million (31 December 2021: GBP21.8 million) of lease liabilities. Gross cash as at 16 September was GBP83.3 million. The covenant net debt/adjusted EBITDA ratio was 1.5 times (31 December 2021: 1.8x). We remain confident in achieving our target of deleveraging during the year with a covenant basis net debt/adjusted EBITDA of circa 1.0x by 31 December 2022, excluding the impact of any potential acquisition or further strengthening of the US dollar.

The link works:

LTG will host an analyst and investor webcast at 09:00 today, Thursday 22 September 2022. The registration link can be found below:

[hazl] 22/9/2022 10:37

They have made some good decisions...it seems.

[aimingupward2] 22/9/2022 09:52

“LTG expects to deliver ahead of company compiled analysts' consensus for FY2022, with the strength of the US dollar substantially contributing to the increase in Group EBIT.”

[wad collector] 22/9/2022 09:33

A rarity in this reporting season, a positive set of results greeted by a share price rise!
Wish the rest of my portfolio did that.
Bet that was the CEO's 7 year old who got hold of the log in details...

[hazl] 22/9/2022 09:04

Haven't much time today but glad results are well received.

[hazl] 22/9/2022 08:08

Excellent!

Good company.

[jsatchell] 20/9/2022 17:54

@dogwalker - Thank you for your apology.

[hazl] 20/9/2022 16:26

Oh heck I missed the start of that but interesting outcome.
To be fair takes a certain bravery to apologise.
I absolutely agree micro....there are some dreadful and ignorant posts from people who refer to management,in vile terms,across several boards , when they are probably not nearly qualified to do so.
Good luck folks.

[microscope] 20/9/2022 15:44

More CEOs need to pop in to this site occasionally.

Absolute gold! ;)

[the runt] 20/9/2022 11:40

And I withdraw my previous appellation of you ;-)

[toffeeman] 20/9/2022 10:34

>> not sure - but it could be!

[jeffian] 20/9/2022 08:36

Crikey. Is that who it seems to be?

[jsatchell] 20/9/2022 07:46

@Dogwalker - Thank you so much for your opinion about LTG's results presentation video. If you think a 1:1 conversation might help you understand LTG better, I'd be delighted to help. And I promise to try not to waffle. I also look forward to gaining from the many pearls of wisdom that you can no doubt impart.

[microscope] 16/9/2022 22:28

Pound at 37 year low against the dollar

[dogwalker] 06/9/2022 08:29

Gap up in the price created by this morning's jump at the opening now filled. Hopefully a 20% rally now due, ahead of good results later this month.
Onwards & upwards ?

[hazl] 17/8/2022 10:14

Treading water at the moment it seems.
But the value remains.

[phillis] 12/8/2022 13:45

Inching upward

[hazl] 10/8/2022 07:20

Well a bounce....short lived?

[hazl] 28/7/2022 09:41

Ah we are looking much better!