Learning Technologies Share Discussion Threads

[microscope] 23/10/2019 12:54

Hope this helps yump and others asking. you could probably find a more succinct summary but this is pretty much the detail on 'trade and other payables'.

[microscope] 23/10/2019 12:33

Classic pseudo-accountant response there, Phyllis. :) I thought bulletin boards were there for people to discuss things and, yes, even help each other sometimes.

Silly me.

[phillis] 23/10/2019 12:25

If you don’t - or cannot- understand the accounting policy being used you probably shouldn’t be a direct investor - stick with trusts ( unit or investment) where you pay someone to do it for you

It is not my role to spoon feed you

[washbear] 22/10/2019 21:49

Come on Phyllis...We re all rather interested in further explanations.So note 9 says...which im my opinion leads to ....so that ...?! Cheers...

[yump] 21/10/2019 16:06

Phillis

Fair enough, I missed that - you could have just explained.
So the payments on account are not invoiced and therefore not removed from payables ? Is that correct ? So that's an ongoing pattern here - as it seems to repeat each year looking back ?

What do you think the business is worth - or were you just pondering as I was ?

[christh] 21/10/2019 14:39

Expect a breakout to 115p soon, institutions will be buying them big time

[phillis] 21/10/2019 13:28

Yump

Really facile analysis

Look at Note 9

[yump] 21/10/2019 11:28

Been looking at the accounts a bit.

For the half just reported:

Revenue: £62mln

Trade receivables: £30mln
Payables: £63mln
Cash: £21mln

So the entire revenue is covered by the payables.
That doesn't seem right to me and looks like they're sailing quite close to the wind.

[christh] 21/10/2019 10:36

REMINDER
--------------------------------------
Learning Tech "Actively" Seeking Acquisitions As Earnings Jump
16/09/2019

(Alliance News) - Learning Technologies Group PLC on Monday reported a surge in earnings in the first half of 2019, thanks to recently-acquired businesses.

The AIM-listed e-learning services provider said pretax profit jumped to GBP6.8 million in the six months to the end of June from GBP1.3 million reported for the same period a year earlier, as revenue climbed by 85% to GBP62.6 million from GBP33.8 million.

Like-for-like revenue, which excludes the post-acquisition contribution of BreezyHR Inc, the acquired PeopleFluent businesses, and the contribution from the civil service-learning contract, on a constant currency basis increased by 2%.

Learning Tech has hiked its interim payout by 67% to 0.25 pence.

Looking ahead, Chief Executive Jonathan Satchell said:
"Our first-half performance increased recurring revenue and robust current trading provides great confidence for the year ahead to deliver further organic growth, strong margins and excellent cash generation. On the back of this momentum, we are investing in the second half of 2019 to drive sales further, as well as supporting organic growth initiatives into 2020."


The company noted it is seeing "excellent" trading momentum in the third quarter of 2019. Learning Tech continues to "actively" pursue acquisitions, particularly in the US, and in sectors that will extend its domain-specific expertise.

Learning Tech said
it is on track to achieve its strategic goal of run-rate revenue of GBP200 million and run-rate adjusted earnings before interest and taxes of at least GBP55 million by the end of 2021.

[christh] 21/10/2019 10:31

By the way, it has gone x-div last Thursday, 17 October.
The dividend will be paid on 08/11/19 and the dividend is 0.25p

[blackfoxtrading] 21/10/2019 10:30

Guys, clearly we are all financially vested in this company. Let’s not make the thread into a toxic forum. Patience is required here.

[christh] 21/10/2019 10:18

Blackbogger 21 Oct '19 - 09:44 - 1573 of 1573

That video is dated from last July.
Because nothing has changed with the company and is in the website itself.
The ceo talks about the yearly revenue, debt,new business ,aquisitions.
The strategy is there!

[blackbogger] 21/10/2019 09:44

Chris,

That video is dated from last July.
Why are you clogging up this thread with meaningless drivel?

BTW, the share price is tanking again today, despite your persistent meaningless posts.

[christh] 21/10/2019 09:15

Learning Technologies CEO hails 'outstanding margins and cash generation' in first half

Learning Technologies Group PLC's (LON:LTG) Jonathan Satchell talks Proactive London's Andrew Scott through the firm's first half 2019 update.

[christh] 21/10/2019 08:58

I am not alone coming to this conclusion
I have read the tactics of market makers

[toffeeman] 21/10/2019 08:43

chris - you are myopically deluded.

[christh] 21/10/2019 08:37

Very clever tricks by the MMS to drive the price down, so more profits for them when they will be selling at 165p or 180p.
Usual tactics, classic cons from the market makers.
I blocked my holding from them trading it or shorting it by placing an order to sell at a limit of 180p.

[christh] 21/10/2019 08:32

We should expect next news will be an acquisition..if any.
Then annual update in Jan 20
This is a very Strong Buy now.

[christh] 21/10/2019 08:21

jeffian21,
wrong, I posted it but forgot about it completely

Any trading updates due, we are expecting a strong growth and a very good year with the aquisitions good delivery

[jeffian] 21/10/2019 08:18

#1565, see #1563.

He posted it himself in #1337 but it seems he didn't actually read the RNS himself.

[blackfoxtrading] 21/10/2019 08:12

@christh, point 3 was declared in the RNS in July. I’m not aware of any immediate company updates I’m afraid. Regards

[jeffian] 20/10/2019 22:46

For goodness' sake, chris, you obsess about this company but you seem to fail to even bother to follow the RNS announcements.



Less is more, mate.

(Edit: You actually posted about this yourself. Did you actually read it?!

"christh9 Aug '19 - 15:55 - 1337 of 1563
0 0 1
Director Deals - Learning Technologies Group (LTG)
24 July 2019, 09:20Source - SMW" )