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PSON Pearson Plc

987.40
13.00 (1.33%)
03 May 2024 - Closed
Delayed by 15 minutes
Pearson Investors - PSON

Pearson Investors - PSON

Share Name Share Symbol Market Stock Type
Pearson Plc PSON London Ordinary Share
  Price Change Price Change % Share Price Last Trade
13.00 1.33% 987.40 16:35:21
Open Price Low Price High Price Close Price Previous Close
978.40 977.40 988.00 987.40 974.40
more quote information »
Industry Sector
MEDIA

Top Investor Posts

Top Posts
Posted at 10/4/2024 16:48 by netcurtains
sometimes I feel I am the only investor in Pearson
Posted at 06/2/2024 19:19 by netcurtains
thanks - I'm not really here for swings.... I'm here for the long haul.
I strongly believe in online education....

I am a believer in the product rather than just an investor.
Posted at 15/12/2023 12:34 by netcurtains
From this mornings Guardian:

Pearson's biggest investor says it should re-list in the US
Mark Sweney
Mark Sweney
Pearson’s biggest shareholder has said that it should re-list in the US, arguing that leaving London would be better for shareholders as most of the education publisher’s business and rivals are based in North America.

The founder of Cevian Capital, Europe’s largest activist investor, said that joining the increasing number of London-listed companies moving out of the FTSE would be an “easy and effortless way” to increase the value of Pearson which has seen its market value flatline this year.

“Pearson is a US company with the majority of sales and executives there,” said Christer Gardell, managing partner of the Stockholm-based investor, in an interview with Bloomberg. “It is only due to historical reasons it is still listed in the UK.”

Pearson makes almost two-thirds of its £3.8bn annual revenues in North America.
Posted at 30/10/2023 08:43 by netcurtains
TODAYS TRADING STATEMENT
Underlying Group revenue growth (1) of 5%, excluding OPM (2) and
the Strategic Review (3) businesses, with particularly strong performances
in Pearson VUE and Pearson Test of English.
-- Full year Group adjusted operating profit guidance upgraded by
c.GBP20m to GBP570m - GBP575m at GBP:$ of 1.24. Current Vuma consensus
is GBP552m at GBP:$ of 1.24 (4) .
-- Initiated GBP300m share buyback programme.
-- We are hosting an investor seminar focused on our Assessment &
Qualifications business on Monday 6th November at the New York
Stock Exchange.
Posted at 29/4/2023 12:13 by netcurtains
EI: The update does look good - and it's a good sign that no one has commented on it as it must mean PSON is under the radar of most investors.

There is TONS AND TONS of catch-up Pearson has got to do to get level with REL.L(I know REL does different stuff but the two always get lumped together).

Cheers Net
Posted at 16/3/2022 15:47 by johnjones4
I couldn't agree more. I should declare an interest because as well as a Pearson shareholder I'm also a Pearson author, recently retired from teaching. And the pace of change in this sector where Pearson is a major player has been extraordinary. I felt it accelerating year by year over the last decade but Covid has clearly added yet more push to the process. Ideas like Pearson + which would maybe have been clever slow burners beforehand are now looking as though they are rockets imminently taking off because the relationship between students, staff, educational institutions and the learning process is not going back to its pre-Covid character. The shift towards digital platforms and towards smart subscription models, which was happening anyway, is definitely not for reversing. That's why as an investor I'm adding here not selling, particularly at these low valuations.
Posted at 16/10/2021 10:53 by netcurtains
Bottomfisher: You could argue that the huge fall in share price has been engineered to attract a bid.

Clearly the USA market, now that most college students are double vaccinated, is going to pick up loads. If we are not at the bottom, it must be reasonably near the bottom.

As I said earlier, Pearson's market cap is now roughly the same as its NAV.
That means the profits and dividends the investor gets are for free.
Posted at 28/1/2021 00:53 by spob
‘Short squeeze’ spreads as day traders hunt next GameStop


White House is ‘monitoring the situation’ after surge in targeted stocks on both sides of the Atlantic

European companies targeted by Reddit traders include Poland’s CD Projekt, maker of the Witcher series of video games, the pharmaceuticals group Evotec and the battery maker Varta


Robert Smith, Laurence Fletcher and Madison Darbyshire in London and Eric Platt in New York




Financial Times

27 January 2021



A “short squeeze” that started on Wall Street swept across the globe on Wednesday, triggering another day of frenetic moves in the share prices of companies with large bets levied against them.

The White House press secretary Jen Psaki said the Biden administration was “monitoring the situation” as shares of companies including GameStop, the hard-hit cinema owner AMC and BlackBerry surged in a volatile day of trading.

The dramatic moves highlight the growing influence of retail traders, who have organised on the message board site Reddit. The group has focused on pushing up stocks that are the subject of large short bets by hedge funds. Their success in rallying the stock price of GameStop has vindicated a group now targeting companies on both sides of the Atlantic.

Stocks such as US home goods retailer Bed Bath & Beyond, Finnish telecoms group Nokia, German pharmaceuticals company Evotec, former Financial Times owner Pearson and Polish games developer CD Projekt rose sharply in intraday trading.

Shares in AMC, which earlier this week clinched a rescue financing, rose 301 per cent on Wednesday, while the retailer Express more than tripled in value. GameStop, which has been at the centre of the retail trading bonanza, shot up 135 per cent.

We are recently detecting some European stocks being touted as 'the next GameStop’ among retail investors

Ivan Cosovic, Breakout Point

The gains stood in stark contrast to a broad market decline triggered by concerns about the rollout of vaccines and pandemic risks to the economy. The US S&P 500 index and tech-heavy Nasdaq Composite both slid 2.6 per cent.

“It’s like a wolf pack seeking out the weakest member of the herd,” said Steve Sosnick, chief strategist for Interactive Brokers.

The flash rallies prompted TD Ameritrade to put trading restrictions in place for several securities, including GameStop and AMC. The company said the limits could include restricting short sales or requiring 100 per cent margin for certain trades, moves it said would mitigate risks for itself and its clients.

“We made these decisions out of an abundance of caution amid unprecedented market conditions and other factors,” the brokerage said.

The Securities and Exchange Commission on Wednesday said it was aware of the volatility across equity and options markets and it was “working with our fellow regulators to assess the situation and review the activities of regulated entities, financial intermediaries, and other market participants”.

William Galvin, the Massachusetts secretary of the commonwealth who last month sued the trading platform Robinhood for “gamifying” investing and failing to protect its users, said trading in GameStop should be halted. “At the present time, the best action is to prevent this from being traded,” he told the Financial Times. (Robinhood has denied the allegations in the complaint from the Massachusetts securities division.)

Some of the companies whose shares surged were targets of Melvin Capital, a hedge fund that has been singled out by day traders. Those included Evotec, which was up 9.6 per cent; CD Projekt, which rose 5.3 per cent; and the German battery manufacturer Varta, which rose 12 per cent before trimming its gains to trade up 6.2 per cent.

Melvin on Wednesday revealed it had closed its GameStop position, having sustained a multibillion-dollar loss on its shorts since the start of this year.

Retail investors are using “a tried-and-true hedge fund strategy of swarming crowded trades held by weak-handed investors”, said Andrew Beer, managing member at fund firm Dynamic Beta Investments.

In contrast to the US, which has limited disclosure on short bets, hedge funds and other investors have to disclose when they have shorted more than 0.5 per cent of a company’s stock in the EU and the UK, making it easier to target a fund’s positions.

Melvin’s latest disclosure shows it has bet against more than 6 per cent of Evotec’s shares, making it the largest single wager against a European company by percentage of shares shorted, according to the data provider Breakout Point. The US hedge fund’s bet against Varta is the fifth largest.

The “short squeeze phenomenon fuelled by retail investors’ discussions is spilling over to Europe”, said Ivan Cosovic, founder of Breakout Point. “We are recently detecting some European stocks being touted as ‘the next GameStop’ among retail investors.”

The targeting of hedge funds will be viewed with irony by many financial market insiders, given that such funds are often the protagonists in short-selling attacks on troubled companies.

Heavily shorted shares with no link to Melvin also rose on Wednesday. Shares in Pearson, the British education publishing company that is the third-most shorted stock in Europe, according to IHS Markit, climbed 14 per cent to close at its highest level in 16 months. Daniel Sundheim’s New York-based hedge fund D1 Capital Partners, which has also been shorting Varta, has the biggest bet against Pearson, at 3.8 per cent of its share capital.

The real estate company Wereldhave, in which Woodson Capital has disclosed a 4.2 per cent short position and London-based Adelphi has a 3.6 per cent bet, rose about 5 per cent.

Hedge funds in Europe are now fervently scouring lists of most-shorted stocks and message boards such as Reddit for any signs that their short bets could be in trouble.

“Any good hedge fund group will be looking at this,” said the head of one multibillion-dollar European hedge fund group.

One European hedge fund manager who specialises in short selling described the recent stock market rallies as “insane”, but said the elevated share prices of troubled companies would “make a great opportunity” for short sellers that survived the week’s mayhem.

Additional reporting by Patrick Temple-West
Posted at 15/9/2020 17:53 by netcurtains
Silchester International Investors now holds 10% of Pearsons equity.
Posted at 05/9/2020 11:26 by netcurtains
Thanks for posting Little Beaker that is really useful stuff for investors to know...

However I still like the fact that the RSI is miles down and thus this company is (in short term) miles over sold...come on rsi of about 9 or 10.... Average is about 50

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