Learning Technologies Share Discussion Threads

[phillis] 02/6/2020 16:03

buying the placement
that is all

[christh] 02/6/2020 15:32

Todays' RNS
Indeed they increased their holding from 10.03 % to 11.02 %


That's why is Buying big time

We should see 140p tomorrow in my opinion!

[blackfoxtrading] 02/6/2020 14:11

Lion trust have increased their position.

[christh] 02/6/2020 11:11

great buying time

this morning hit 137p so expect a good recovery probably touch 140p

gla

[investor0109] 02/6/2020 09:07

ygor705- I believe you're right, with further acquisitions clearly a driving force behind the recent placing. I imagine the share price will drift a little until news arrives, though expect the usual frenzy when it does.

[ygor705] 01/6/2020 16:10

Andrew Brode's track record on acquisitions is second to none ..... even when they look absolutely outrageous. If he is going to buy something you need to be long before it happens. Institutional profit-taking from the recent placing is probably the only thing holding back the share price at the moment. Money for old rope as far as they are concerned.

[blackfoxtrading] 01/6/2020 11:24

It’s dying to break out!

[ygor705] 01/6/2020 11:14

Looks to me as of another acquisition is on the way.

[blackfoxtrading] 31/5/2020 18:37

Let’s see if we have a positive week.

[phillis] 29/5/2020 13:35

Placings are too frequent for sure
But able to buy plenty at a penny more than the placing price just now

[johndoe23] 29/5/2020 10:53

Some good posts this morning. I too concur that it's positive news and patience is now required. Should be exciting news here next 6-12 months

[blackfoxtrading] 29/5/2020 10:39

Good sum raised. Big plans in mind so it seems. Slight pull back today which isn’t ideal but this was anticipated. Clearly large investors are buying into LTG growth plans. Patience required.

[aquaesulis01] 29/5/2020 09:30

Mr Market nearly always reacts in the wrong direction with a placing, even though it is for growth at an ideal time. I actively seek out these over reactions to acquire a stake on the back of what I see as positive news; happy days :)

[investor0109] 29/5/2020 09:29

bulltradept- it would seem as though the placing has been badly received, though on closer inspection I notice that volume bought stands at around twice that sold this morning. It's clear to see, however, that at this point in time investors have not filled the share price gap left- naturally- by the placing. My reckoning is that the share price may fall back a little, though ought in time to rise as acquisitions come to fruition. LTG has clearly taken an aggressive line on delivering growth and as they've done it consistently in the past, I believe it's likely they'll continue to do so.

[longshanks] 29/5/2020 09:15

What no open offer. Shame on you Mr Satchell for excluding your retail holders.

[bulltradept] 29/5/2020 09:08

Mr Market hasn't taken quite as kindly to it as some first thought atm.

[microscope] 29/5/2020 07:18

Wow, 81.3 million (gross) raised at 127p, with Messrs Satchell and Brode each taking a chunk.Reckon they must have something big in mind!

[johndoe23] 28/5/2020 22:55

When PRSM issued an equity raise, it was received very well by investors ( discount wasn't much by memory ). We will have to see what the placing price is tomorrow, on the face of it i agree it looks a positive move...

[the runt] 28/5/2020 21:09

Some really interesting points, and generally I share the sentiments. Thanks everyone for sharing!

@Investor0109 - appreciate the way you've spelled this out. I do agree with you - if the share price dips, then I'll probably invest more. To me this is a really positive signal for the year ahead.

[investor0109] 28/5/2020 20:48

The Runt- as to how news of a share placing is received by investors has largely to do with the rationale for issuing. In this instance, a placing is necessary for LTG to continue delivering high growth and fund further acquisitions, therefore I consider the news to be a very positive statement of intent and commitment to its goals.

Over the longer term, I have little doubt that the extra cash raised by this placing will earn investors a great return, though as to what the share price will do tomorrow is far more difficult to predict. It would seem that some investors read the word 'placing' and sell in fear, having not considered the reasons behind it, so it might be that that the share price falls tomorrow.

Another factor that makes this placing particularly promising in my eyes, is that company directors are putting a substantial amount of their own cash on the line. Given LTG's incredible track record, one might reasonably assume that the directors are very confident in the future of the company.

[tallprawn] 28/5/2020 19:21

Disappointed they've chosen not to use PrimaryBid to include retail investors.

[blackfoxtrading] 28/5/2020 19:07

I think this announcement is to be taken in a positive light. The company has great growth potential. They need to fast track where possible to take advantage of acquisition at discounted rates.

[jeffian] 28/5/2020 18:50

Well that's what they do - buy earnings-enhancing businesses, grow fast and pay down debt - and Brode's track record for that is great so I suppose we ought to trust them and it is only 10%. My slight disappointment is that although this is a Placing via a book-building process, I note that Brode and Satchell have got themselves onto the books! It would be nice if the rest of us shareholders had been given a chance.

[tarrant777] 28/5/2020 18:40

Looks like a super opportune fund raise and if the discount to tonight's closing price is modest, I think that we'll see the price stronger tomorrow-and the prospect of a significant deal flow (where management to date have proved a very high degree of expertise) over the next few months. Onwards and (hopefully) upwards!