Learning Technologies Share Discussion Threads

[christh] 16/4/2020 10:34

Phillis
unfortunate imbecile, keep shorting

[christh] 16/4/2020 10:33

IC VIEW 16 Sep 2019

Tip Update: Buy at 137p
Tip style SPECULATIVE
Risk rating HIGH
Timescale LONG TERM
Our previous tip We said BUY at 105p on 08 Aug 2019
Tip performance to date +30%
By Harriet Clarfelt

Learning Technologies (LTG) has announced the proposed acquisition of Open LMS from Blackboard for $31.7m (£24.3m). This is to be funded by the group’s existing cash and bank facilities. The group notes that the deal brings it a strong foundation in the “high value Moodle market”. Moodle is an acronym for ‘modular object-oriented dynamic learning environment’ – constituting a free and open source learning management system (LMS) for teaching, distance education and other e-learning projects in schools, universities and workplaces.


The Open LMS purchase supports LTG’s goal of achieving run-rate revenues of £200m and run-rate adjusted operating profits of at least £55m by the end of 2021. For the year ending December, it saw unaudited revenues of about $16m. Seventy per cent of Open LMS’s revenues comes from recurring subscription feeds. The acquisition is expected to complete within 30 days.

IC View
Learning Technologies’ chief executive Jonathan Satchell said: “The corporate learning market is showing increased interest in this type of scaleable technology, and we will now have the capability to meet customer demand”. The transaction follows Learning Technologies’ purchase of BreezyHR in April 2019, for which revenues grew by about 60 per cent during 2019. The broader market is volatile at the moment – to say the least – but there’s an argument that e-learning has more relevance now than ever. At 137p, buy.

Last IC View: Buy, 113p, 16 Sep 2019

[christh] 16/4/2020 10:23

INTERESTING NOTES
--------------------------------------
Excellent results, not much impacted with covid19

Still on a PEG of under 1, for the 4th consecutive year....

Very good management , good business , 74% of recurring income, always exceed expectations and 45% supported by Institutional shareholders.


BE PATIENT
------------------
Gamblers looking for a quick buck on the latest 'hot share' will soon be bored of LTG and leave it to investors.

[phillis] 16/4/2020 10:20

Much better thread now C is filtered

[christh] 16/4/2020 10:14

Learning Technologies off to good start in 2020

The group expects current year revenues to be largely unaffected by the global economic upheaval, although new business wins may be delayed and payment periods may be extended

Learning Technologies Group PLC -
Learning Technologies Group PLC (LON:LTG), the digital learning specialist, said it has yet to see a material impact on its trading performance from the coronavirus (COVID-19) pandemic.

In its results statement covering 2019, the company said the current financial year has started well and it expects 2020 revenues to be largely unaffected by the global economic upheaval, although new business wins may be delayed and payment periods may be extended.

The group said it has seen an increase in activity at its Instilled LXP and newly acquired Open LMS businesses resulting in a large number of new contract wins.

It noted that gross cash at the end of March following the US$31.7mln acquisition of Open LMS was £25.0mln.

In 2019, the company posted adjusted earnings before interest and tax (EBIT) of £41.0mln, up from £26.0mln the year before, on revenue that jumped to £130.1mln from £93.9mln. Profit before tax surged to £14.3mln from £3.4mln in 2018.

Recurring revenue now accounts for 74% of turnover, up from 68% the year before, while revenue from outside the UK has risen to 80.0% from 74% in 2018, the group said.

It has proposed a final dividend of 0.5p, up from 0.35p the year before, but said payment of this will be postponed until market conditions normalise.

The group pointed out that it has taken several other actions to conserve cash including the payment of the deferred consideration for the acquisition of BreezyHR through the issue of shares instead of a cash payment of US$4mln that was due at the end of March.

Learning Tech said it expects to save more than £20mln in cash from its cost-savings measures.

"Despite the current market uncertainty I'm reassured by the strong and resilient position of LTG. We are well-positioned to further consolidate the digital learning and talent sector as opportunities emerge,” said Jonathan Satchell, chief executive officer of Learning Technologies said in the statement

[investor0109] 16/4/2020 10:00

bulltradept- current contracts 'largely unaffected' and anticipate 'delays' in bringing in new ones. However, balance that with: ' Open LMS businesses resulting in a large number of new contract wins'.

Nobody can escape the current market conditions, though appears that LTG in a very good position and still making a lot of money.

[christh] 16/4/2020 09:59

Institutional shareholders

Top holders Movers
45.05% of shares held by top holders
Holder Shares % Held

Liontrust Investment Partners LLP
AS OF 24 MAR 2020
67.12m 10.03%

Merian Global Investors (UK) Ltd.
AS OF 31 DEC 2018
56.46m 8.44%

Kabouter Management LLC
AS OF 20 FEB 2020
40.77m 6.09%

Hargreave Hale Ltd.
AS OF 10 JUN 2019
33.34m 4.98%

Henderson Global Investors Ltd.
AS OF 29 FEB 2020
28.31m 4.23%

Liontrust Investments Ltd.
AS OF 31 JAN 2020
23.38m 3.49%

BlackRock Investment Management (UK) Ltd.
AS OF 29 FEB 2020
19.81m 2.96%

Invesco Asset Management Ltd.
AS OF 31 DEC 2019
11.47m 1.72%

JPMorgan Asset Management (UK) Ltd.
AS OF 31 JAN 2020
11.07m 1.66%

Swedbank Robur Fonder AB
AS OF 28 FEB 2020
9.71m 1.45%

[21ant] 16/4/2020 09:52

And there we have it. Opens nearly 15p up and now trading 2p down. Couldn't make this up.
Not worried for the long term and may even see some turnaround today but so frustrating after results like these

[bulltradept] 16/4/2020 09:51

Some contracts being curtailed..

[investor0109] 16/4/2020 09:47

Excellent full year results today- ahead of expectations, in a strong position to ride out current market conditions and clear intentions to make further acquisitions in the coming year. Another great year for LTG.

[phillis] 16/4/2020 09:45

Decent results
Worth a dip on continued weakness

[christh] 16/4/2020 09:42

Peer analysis
Key Information
Company ........................Revenue (TTM)....... Net income (TTM).... Market cap... Employees
Redcentric PLC........................ 88.96m ...............-890.00k..................161.85m........465.00
Funding Circle Holdings PLC....167.40m............. -84.70m.................... 264.94m...... 1.06k
Goco Group PLC..................... 152.40m........ .... 12.70m.................... 302.61m...... 318.00
Iomart Group Plc........................107.89m.............14.00m....................336.87m........394.00
NCC Group PLC.........................257.40m.............13.30m..................467.90m..........1.72k
Restore PLC............................. 215.60m..............19.20m..................468.37m............2.21k
First Derivatives plc................228.45m..................13.88m..................576.77m...........2.40k
Capita PLC.................................3.68bn.................-69.20m.................610.48m.........61.00k
Learning Technologies Group..122.71m...................9.58m...................773.61m.........623.00
FDM Group (Holdings) PLC......271.53m................40.63m.................830.95m.........4.62k
Moneysupermarket.Com Group PLC ..388.40m .....94.90m .............1.60bn...........803.00
Computacenter plc....................5.05bn...................101.66m............1.62bn...............15.12k
Mail Ru Group Ltd.................. 961.99m.................28.45m...............2.63bn...............3.46k


About the company
Learning Technologies Group plc (LTG) is a United Kingdom-based holding company. The Company is engaged in the provision of e-learning services. The Company is engaged in the production of interactive multimedia programs. The Company's portfolio includes LEO, a learning technologies firm, the multi-device authoring tool gomo learning, games with purpose company Preloaded and Eukleia, and an e-learning provider to the financial services sector. The Company's subsidiaries include Epic Group Limited, gomo Learning Limited, Leo Learning Limited, Leo Learning Ag, Leo Learning Inc, Preloaded Limited, Learning Technologies Group (Trustee) Limited, Eukleia Training Limited, Line Communications Holdings Limited, Line Communications Group Limited, Line Learning Limited and Line On-Line Limited.

[christh] 16/4/2020 09:41

.......................................Peer analysis
Company...................Revenue (TTM)..................Return on investment (TTM)
Capita PLC........................3.68bn...............................-3.61
Learning Technologies Group PLC..122.71m................................3.99
FDM Group (Holdings) PLC.........271.53m...............................46.44
Moneysupermarket.Com Group PLC...388.40m...............................41.02


Learning Technologies Group PLC
REVENUE IN GBP (TTM) 122.71m
NET INCOME IN GBP9.58m

[christh] 16/4/2020 09:11

Bloomberg @business 5m

Trump’s backing for a malaria drug to treat Covid-19 has boosted the prospects of an obscure plantation in the mountains of eastern India

Trump’s Malaria Drug Push Is a Boon for 160-Year-Old Plantation
U.S. President Donald Trump’s backing for a malaria drug to treat Covid-19 has boosted the prospects of an obscure plantation in the mountains of eastern India.

bloomberg.com

[christh] 16/4/2020 08:40

I do expect to see an rns with a director buying and also an institution buying.

[thwarnts] 16/4/2020 07:41

Superb results once again, I doubt the markets will see it that way though or is it me being cynical again!

[christh] 16/4/2020 07:08

Excellent results 39% increase in its profits

GBPm unless otherwise stated
Revenue 2019....................................... 2018.............. Change
............... 130.1....................... ...............93.9 ................+39%

Recurring Revenue % 74%.................... 68%
Revenue Outside UK % 80%................. 74%

[christh] 15/4/2020 20:44

The founder and boss of Amazon has seen his wealth swell by $24bn after soaring demand for online shopping sent the firm's share price to a new high.

Jeff Bezos now has a fortune of $138bn, according to the Bloomberg Billionaires Index, cementing his position as the world's richest man.

Amazon has benefited from surging internet shopping by people forced to stay home during the Covid-19 outbreak.

[christh] 15/4/2020 19:44

jeffian
rubbish.
The market makers drive the market.
It is not based on economy but driven like a casino.
When you have shorters/speculators/hedge funds all betting against a company's share
price and they are selling it (without ownership) then buying them back the price will fall like a domino.
Nothing to do with the company's financial situation or fundementals.
The shorters are unscupoulous people without interest in economics or financial position of a company.
The targets of these shorters are high growth companies and mostly AIM stocks
I have been following AIM stocks and their share price behave like madness.
The beneficiaries off course are the market makers.

What intrigues me is why
LIONTRUST INVESTMENT PARTNERS LLP
LONDON, ENGLAND

double their holding from 5% to 10.2% on 24 March!!!!

SEE HERE


The management is good,smart,and run a good ship
All will be revealed tomorrow

I expect great results and strong future growth.
Let us hope it hits 140p and lucky 150p

[blackfoxtrading] 15/4/2020 19:40

From a purely stock market perspective. This activity of killing the stock market is self inflicted by greedy people to Make billions. The markets have no connection To reality. If you truly believe in the company. Now is the time pick your stocks and buy them and sit on them. Look at Amazon today considering all the bad news you hear on the news / analysts about the markets about to get worse.will the Markets Tumble forever? I doubt it...

[jeffian] 15/4/2020 19:02

"manipulated"? "weak holders"? Are you guys for real?! On the day the Chancellor says the economy is facing its worst shock for 300 years and the Government doesn't yet know how long it will last, how they're going to get out of it, and what will be left when they do, and you think 'your' share is going down because of some sort of shenanigans designed to do you out of your heard-earned? Don't get me wrong, I have quite a significant holding here (and RWS) so I'm not saying this company doesn't have great prospects long term, but there is the potential for a much larger market fall than we have seen so far and, if that happens, LTG will not be immune. However good the results, the market is looking at the worldwide picture.

[21ant] 15/4/2020 18:43

Well as annoying as it is I bought some yesterday - first time for a while then added at lunchtime and into the close today. Just hope it doesnt get manipulated down further. Every confidence in the company

[toffeeman] 15/4/2020 17:34

that's not a rational post.

Presumably the only reason why you added was because the price dropped to a point where you saw the benefit of investing.

If the price hadn't dropped you would have had a smaller holding and been less happy.

[thwarnts] 15/4/2020 16:07

Bloody same pattern every time results due, great Company, great results coming and they come looking for stop losses and weak holders. Well they ain't having mine, added a few more at 117 and change.
Very annoying though to say the least

[christh] 15/4/2020 15:56

Investor0109
Perhaps Ms. Leslie-Ann Reed Non Exec director will Buy after the results but not until after the results because of the close period.
She Buys a few shares ,very shrewd business woman.

GLA