Learning Technologies Share Discussion Threads

[jeffian] 01/10/2024 15:30

Any comment on the desirability of continuing to hold shares in the unlisted vehicle or whether this is even possible on a platform like HL?

[ygor705] 01/10/2024 12:21

Large trading volume yesterday - in both directions. Less today but still two way. Still no real clues as to what is going on here.

[zouppy] 30/9/2024 11:05

Truly cannot follow your logic here other than you bought shares that have fallen in value. If someone wants to pay more then they are free to do so. It’s called ‘a market’.

Oh and why not write on the thread that has been active for years?

[somerset lad] 29/9/2024 21:20

The question isn’t so much why did LTG put out an RNS after the story was covered in the press (orderly market, as already discussed), but who put the press story out and why?

[alphabeta4] 29/9/2024 20:46

Well true, but if the FT are right and other PE groups were also circling it kind of forces everyone to reveal their hand. Ending so close to the 100p on Friday implies people are already starting to think of counterbids as a possibility.

[ygor705] 29/9/2024 13:46

I'm hearing a whisper that the LTG board may have been forced into making this rather-strangely timed announcement for fear of being seen as creating a disorderly market. If that is the case we may not be looking at a done-deal situation. Time will tell.

[niklol] 28/9/2024 21:24

Never mind underwater I'm drowning!

[bristolblue1] 28/9/2024 17:04

!FOLLOWFEED
So many people paid over £1.50 and more . But the board at Atlantic general are buying up the shares if not them who. Who would pays over £0.96p if you only get 4 pence more for each share more but so so many people or a company is buying up the shares to stop the honest shareholders getting a fair price. Learning technologies CFO had only just said this company is making record profits and paying off its debt so quickly that next year it should be zero . Then the share price will go up as they buy back their own shares or by another company. So why take such a low price for this amazing company. Learning technologies has a bright future away from Atlantic general . The price in the next few years we'll rock it just like it had done before. Even the MiDAS touch said this company we will be £3.00 pounds upwards. It's always alright for those who bought at its very low but for those long term who believe in the company and are quite happy to be long-term shareholders end up with a rough deal. Say no !

[jeffian] 28/9/2024 11:49

I would be disappointed to see it go for £1. Plenty here seem to be underwater at that price. It was one of those shares I bought early doors (42p) and kept buying up to 130p so I am well in the money overall (though maddeningly, all the gain is unsheltered and all the losses in ISA/SIPPs!). It still smells like a low-ball bid to me but with management (also big shareholders) recommending it, one wonders whether they see a benefit to themselves 'going private' if they maintain their holdings in the unlisted vehicle?

Talking of that, is anyone considering keeping the unlisted shares? (I'm not even sure you are allowed to hold such things in an ISA?)

[bristolblue1] 28/9/2024 10:17

!FOLLOWFEED
Only two weeks ago the board said that learning technologies had paid down huge amounts of debt and it was a fantastic money maker. Soon to be debt free and have the ability to invest in other companies. Growing itself into a even more profitable firm. With the UK's stocks trading much lower which surely make learning technologies shares lower which makes it undervalued. Also most shareholders have paid a much higher price for their shares knowing that this company would go debt-free and increase its share price. It would have had chance to either buy back their own shares as they make so much money or reinvest into another company with similar technology. General Atlantic obviously can see the value that it's getting at just £1.00 compare to the £2.30p this year was not that long ago . Shareholders will fill completely ripped off as the board and director makes a killing on our expense. It's all about who makes the money and it won't be the shareholders.

[hazl] 27/9/2024 17:50

Yes I had forgotten what I had paid this time round, and haven't done as well as I hoped.

Ah well.

8-(

[ygor705] 27/9/2024 17:44

Agree.....more than a whiff of insider trading here but I'm not expecting it to affect the bid. Not got a lot of these left as I sold most of my holding back in 2019 and 2021. The company got a bit stuffed by the pandemic and recent US regulatory issues haven't helped. Time to move on.

[toffeeman] 27/9/2024 16:27

Griffiths buying when he did is extremely suspect.

[wad collector] 27/9/2024 16:24

I am averaging 160p but I suppose it is better to invest elsewhere now as it was going to take a long time to reach that without the bid.
That leaky price rise should be investigated though, does not look good from a regulation point of view.

[toffeeman] 27/9/2024 16:08

AH yes the PE alternative - sweetner for AB to avoid IHT.

Well at 100 I will only be 30% down - ugh!

[indiestu] 27/9/2024 15:47

Well done Gordon. You called it perfectly. Have a great weekend.

[somerset lad] 27/9/2024 15:45

Sometimes you get more for your house putting in on at a bargain price and letting bidders fight over it, than you do by refusing to engage other than at a high price. They're not ruling out selling at over 100p; rather IMO they're inviting bids at 110p.

[davemac3] 27/9/2024 15:36

Might seem low ball but the board think it’s enough, thought they might have played harder to get.

[cyberian] 27/9/2024 15:28

I would expect that the Board will be asked about timing of this announcement as quoted in FT 14 hours ago that a bid of £800 million being made. RG just 10 days earlier appears to have made a wise judgement of the underlying value in LTG on his part. Anyway it is an agreed bid subject to normal regulatory matters.

[hazl] 27/9/2024 15:25

WOW! A possible offer!

Yippee!

[cyberian] 27/9/2024 15:02

£800 million is the initial bid apparently but when searching google for the story it was announced 14 hours ago so some investors have been slow to react, perhaps.

[cyberian] 27/9/2024 14:53

Not clear why Company has not yet made an announcement if FT story is correct.

[aimingupward2] 27/9/2024 14:49

What has been leaked, cyberian? It has certainly had a dramatic effect on the share price.