Learning Technologies Share Discussion Threads

[hazl] 26/1/2023 14:26

Also most of the revenue is long term and contracted which gives more strength in my opinion.

[hazl] 26/1/2023 14:24

Cross selling is an opportunity .


'The Board expects Adjusted EBIT for 2022 to be not less than GBP100 million, ahead of consensus expectations(1) (2021: GBP54.8 million). This strong performance was delivered as a result of achieving targeted margin improvements at GP Strategies driven by our commercial transformation programme, in addition to encouraging organic growth. The Board is confident of delivering the next phase of the integration programme at GP Strategies in 2023.

[partridge1948] 26/1/2023 14:11

Strong US dollar will have helped profitabilty, but also adds to debt level on conversion into sterling, so significant reduction in net debt in sterling terms is imo especially creditable. Cash generation a feature of Brode companies (RWS also very strong). Wish I had still had all those I bought at 14p! Always dyor.

[hazl] 26/1/2023 13:19

Learning Technologies group is recession resistant
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How to invest in learning technologies as recession looms
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Placing digital L&D at the forefront of recession-proof growth ...
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[aimingupward2] 26/1/2023 12:56

Well there's plenty of scope to get back around ,or above, 200p. So a 50% gain in the offing over the next 12 months, say.

[hazl] 26/1/2023 10:25

Yes John I hope it is the start of a new rerate like MTRO.

[johndoe23] 26/1/2023 10:02

Doing well here!

[hazl] 26/1/2023 09:57

Jonathan Satchell, Chief Executive of LTG, said:

"2022 has been a transformational year for LTG, more than doubling the size of the Group through the addition of GP Strategies. This is a testament to the quality of our people and the momentum for our new offering. We delivered strong revenue growth and significant margin improvements in GP Strategies, as guided to earlier in the year, and look forward to further margin improvements and cross-selling opportunities in 2023. I was delighted with our continued strong cash generation and swift deleveraging which provides opportunities to use our balance sheet strength in 2023.

[hazl] 26/1/2023 09:53

It certainly is better!




IMO

[the runt] 26/1/2023 09:21

I think that was tongue in cheek ;-)

[18bt] 26/1/2023 09:04

Why only B+?

[mortimer7] 26/1/2023 09:01

That's better. B+.

[aimingupward2] 16/1/2023 22:04

I think the forthcoming trading statement will be rather more than just ‘reasonably positive’. It is more likely to be ‘definitely217; or ‘very’ positive, without being wildly so. How the share price responds in the short term is another matter.

[wad collector] 13/1/2023 13:43

aimingupward228 Sep '22 - 14:55 - 2753 of 2760
0 0 0
Just beginning to wonder if the dip below 100p today will prove to be the low point.


With the benefit of hindsight.....yes. For now....

[jeffian] 13/10/2022 23:10

I think aimingupward2 must have missed the 2nd para of my post ("both companies have consistently performed or over-delivered"). I have every confidence that they will continue to do so, which is why I still hold and continue to build my stake. The slightly tongue-in-cheek first para was a reminder that markets, particularly in today's volatile world, are unlikely to reward 'targets' rather than results.

[partridge1948] 13/10/2022 20:24

It seemed clear to me at the capital market event this afternoon that the GPS acquisition has been an unbridled success. Who knows what lies ahead in the macro economic scene, but there appears to have been little overlap between the two entities and having boosted margins in their core consulting business the GPS team relish the cross selling opportunities into their high quality customer base. If latest targets announced today can be achieved - and track record is very good - then that should translate into eps of around 14p in 3 years time. Always dyor

[aimingupward2] 13/10/2022 10:56

Jeffian, I don’t think that actually achieving growth, rather than just having it as a target is “something else”. As the CEO says,

“Since LTG joined AIM in 2013 it has set ambitious targets for revenues and adjusted EBIT and I am delighted they have been consistently achieved”

[jeffian] 13/10/2022 09:29

Well it reads well but I can't help thinking there's a touch of Liz Truss there. Saying "We're going for growth" is one thing, achieving it is something else!

(Having said that, in case JS is 'listening', LTG represents a significant part of my portfolio and I will continue to hold and add as appropriate. I came to this share via the Brode connection (RWS, also a large holding) and both companies have consistently performed or over-delivered in terms of profits, cash generation and dividends. These are the levers directly controlled by management; the share price is set by the market for all sorts of external reasons beyond their control. Keep those KPI's going in the right direction and the share price will surely follow over time.

[microscope] 13/10/2022 09:10

Pretty sure they had strategic targets for 2025, can't recall, or find as yet, what they were and whether this is an adjustment up or down. But still these numbers look impressive enough.

[aimingupward2] 13/10/2022 08:50

All very encouraging and positive.

[aimingupward2] 28/9/2022 15:55

Just beginning to wonder if the dip below 100p today will prove to be the low point.

[the runt] 28/9/2022 13:06

@aimingupward2

Yes, the strength of the dollar will boost LTG - that's one of the few saving graces! As drsamwaa comments above, the macro stuff is just dominating everything at the moment. I will hold, but don't have the nerve to add ;-)

[aimingupward2] 28/9/2022 12:50

The Runt - strong results will, boosted in sterling terms by the strong dollar.