Learning Technologies Share Discussion Threads

[phillis] 25/9/2018 15:51

Multi
The real EBIT was £948k
It is no use pretending otherwise even if the differences are non cash items
The result for the same period last year was £(1898) giving a year on year swing of some £2.8m on an increased turnover of some £12.5m

[multibagger] 25/9/2018 15:07

My post 662 from 16 Jul 2018 re results below ....reasonably accurate....though EBIT is better than what I expected...not complaining :)


multibagger
16 Jul '18 - 06:27 - 662 of 766 Edit
0   1  0
Good morning !

Trading update for H1 2018 due anytime now (could be even today)....we have had about 5 weeks of PeopleFluent revenue + hopefully growth in the business which I am conservatively estimating at 30%. Revenues should be much higher in H2 2018 as the acquisition would be much better bedded in and we will have the full H2 effect.

I am hoping for H1 2018 of atleast £33.23m revenues with about £7.76m EBIT...anything over that would be an absolute bonus...and a push to a share price of £1.20+ would be on the cards...

Good luck all !

[phillis] 25/9/2018 14:36

tx for the GRC tip Micro

surely these results include a full result from Net Dimensions?
where is the profit?
disappeared in goodwill write off

[microscope] 25/9/2018 13:58

Looks like the US follow through is indeed happening.

If you want an unrealistic valuation based on eps phillis, suggest you look at Brode's newest company, GRC, but which I'm sure will follow a similar pattern in time.

This company (and RWS) are much further along the growth road and personal view is LTG's eps is going to grow much more rapidly, possible exponentially, from here on. The UK businesses are now showing signs of that already and People Fluent which will make a full contribution to the second half is going to be the real driver. Yes a lot is factored in, but in this case i think correctly.

Further acquisitions are indicated in the RNS today and that brings yet more reason to enjoy the ride here imho

[rampmeister] 25/9/2018 13:51

Think you need to calm down a bit Phillis. Certainly my post was not aimed at you or anybody else in particular. Just think that impact of PF acquisition not fully appreciated by some, that's all. I don't always blindly follow Directors spin but happen to believe in LTG BOD and what they are looking to achieve. Am also a holder in RWS btw.

RM

[thefartingcommie] 25/9/2018 13:40

LOL

are we waving 'willies'now..?(metaphorically speaking of course;0..)

[phillis] 25/9/2018 13:32

Ramp
Meaning me?
I top sliced before the results but still speak for 105k of these
I speak a couple of times a year to Andrew Brode but I dont - like you - always accept the Directors' spin at face value

With a business in such acquisitive mode perhaps you could focus a bit on the actual real profit being made?
PS Have been invested for over 10 years in RWS

[thefartingcommie] 25/9/2018 13:30

ps..what do sensible people expect in terms of % rise in share price/per day?

..it does make me laugh........the level of unrealistic/absurd expectation sometimes expressed on these boards;)

[thefartingcommie] 25/9/2018 13:28

my thoughts exactly

[rampmeister] 25/9/2018 13:17

Not sure people especially newbies full appreciate the contribution that Peoplefluent brings to the party. For me the news re Peoplefluent was the standout in today's announcement.

At the time of acquisition, PF was bringing in higher revenues than the rest of LTG but with margins hovering just above single digits. As per IC buy rec today
points out, LTG expectations of raising margin to 20% has now been revised to 25% for the PF business hence the significantly ahead FY guidance.

As per WebFG, the board said its business model was continuing to support “robust” margin progression, adding that it experienced “strong” cash generation during the half-year, with “significant” funding capacity for further acquisitions.

Penny seems to be dropping now with share price rising to 143p.

RM

[phillis] 25/9/2018 13:13

15 million shares traded and only just ticking up

[thefartingcommie] 25/9/2018 13:13

bit of a struggle to shake loose from 140p

pls explain ;)

[phillis] 25/9/2018 12:42

bit of a struggle to shake loose from 140p

Basic eps 0.221p ( full year 1917 0.235p )
Discuss

[microscope] 25/9/2018 10:52

Thanks megasonic. I wonder if we will see another wave of buying from across the pond when the US wakes up later...

[mfhmfh] 25/9/2018 10:34

Numis today reiterates buy rating with 165p target price (previously 132p).

[megasonic] 25/9/2018 10:23

I haven't had a chance to go through the results thoroughly so I won't publish an uninformed opinion. But, some initial thoughts ...I did previously feel Results were going to be solid which they are, so I will maintain my earlier forecast that share price will go to 145-155 region over the next few weeks. (Apparently new broker forecast also out this morning with a 160 target?)It does looks like LTG are building a solid, long term growth business here and I'm really pleased with my investment. it's great to see so many other positive views from fellow investors too. well done to all who've seen returns here.Microscope: I believe LTG will reach £1 billion market cap with an share price of 150.5 pence.

[microscope] 25/9/2018 09:36

Under-promise, over-deliver, as someone said - it's the LTG way!

This time though they really are promising with the 'significantly ahead of management expectations' second half forecast. They must now be supremely confident! I think it was somewhere close to £1.60 to become a billion pound company, (from memory only), that's the next landmark. And i expect them to achieve it comfortably by fy results.

LTG is the perfect reminder to many on advfn, across all boards, that 'instant gratification' trading is not the only game in town!

[drsamwaa] 25/9/2018 09:04

I love this share thang.... when it goes my way!

[phillis] 25/9/2018 09:02

As I said: wrong so far
Hands up
Looked toppy but recovered strongly on this bullish statement
Top sliced at 129/130
Heyho

[thefartingcommie] 25/9/2018 08:27

Phillis
13 Sep '18 - 16:12 - 725 of 747
0 0 0
but will fall back at results time

ooops...lol;)

[boros10] 25/9/2018 08:25

Good timing. Well done

[jeffian] 25/9/2018 08:16

Errr...see #729/731.

;-)

[phillis] 25/9/2018 08:08

Wrong so far!

[multibagger] 25/9/2018 07:46

Amazing results - looks like we could add another 5-6p today atleast (conservative estimate) !

[tarrant777] 25/9/2018 07:44

Target price increases this morning.Numis to 160p. Berenberg to 190p.