Pearson Share Discussion Threads

[essentialinvestor] 17/1/2020 14:06

Bf, I've looked at Nick's comments and he still appears to hold out some hope,
although he stressed a successful business transition is by no means certain.

[essentialinvestor] 17/1/2020 14:04

You mean 5.30?.

[salska] 17/1/2020 14:02

i bought a nice chunk @550p yesterday and exited today near 585p. Pure tech pov this is heading lower maybe down to 330p area within the next 3 weeks or so.

Max upside here is probably 630p ish. If it gets that far then we will revisit the recent lows and below but probably bottom near 450p.

Should be a very nice buying opp. But choppy seas ahead.

[bottomfisher] 16/1/2020 19:32

The only saving grace about this stock is that the three biggest shareholders - Schroders, Lindsell Train and Silchester International- have been increasing their stakes in PSON over the last year and now control around a third of the equity. All three are well regarded long-term investors.One must assume that they know PSON's potential, and its challenges, as well as any investor. What is it that they see in PSON which most of us do not? The departure of Coram Williams, PSON's CFO, so soon after CEO John Fallon announced he was quitting is far from reassuring. Perhaps he had ambitions to take over from Fallon. My hope is that they will hire a tech savvy CEO, probably from the US, who can unlock this company's potential.

[essentialinvestor] 16/1/2020 14:57

Can anyone see Any upside here, I don't hold any.

[crystball] 16/1/2020 07:43

Having read today's update, I don't think the market will respond favourably. Pearson's transformation to digital learning instead of print based reminds me of another company undergoing transformation,Royal Mail, where the decline in letters continues apace while parcels grow more slowly. Profits for PSON next year are expected to be much lower particularly if the pound maintains its improved strength against the dollar. I was hoping for a better update than this.

[bookbroker] 14/1/2020 14:22

What is up with this company, they are striving to make all of their educational library digital, yet it continues to plummet, ok so fewer people are subscribing to their stuff. Is because you do not need digital learning anymore?

[investor2019] 20/12/2019 00:11

Holding the Penguin stake was pointless. If the September trading update is correct Pearson will have net cash at year end after the disposal proceeds, even excluding the £350 million buyback.

[claret dragon] 19/12/2019 13:34

Not looking good today.

[essentialinvestor] 19/12/2019 00:52

Is the CEO going signaling...confidence in the digital transition?.

Perhaps John thinks he's done all he can. Surprised the share price is trading higher.

[crystball] 18/12/2019 10:56

The fact they are not doing this shows confidence in their digital transformation.

[ch1ck] 18/12/2019 09:35

I sold half.Pearson need to pay down its dept not buy shares!!

[crystball] 18/12/2019 08:41

An interesting announcement this morning....



Also Mr Fallon will be retiring in 2020.

I think it is positive that a large amount of the proceeds will go towards a share buy back. Going forwards, earnings will of course be reduced, but the number of shares in circulation will be lower too along with associated costs of running that part of the business which has been disposed of. I like the fact that the business will now be simplified and there will be an orderly hand over to Mr Fallon's successor.

[essentialinvestor] 26/11/2019 15:28

A lot of the Pearson business is accreditation?

Their courses lead to formal qualifications..

Agree though, there are huge challenges here. Perhaps a possible bid target?

[bottomfisher] 25/11/2019 14:33

What is wrong with Pearson? Read a recent comment by Baillie Gifford manager Malcolm MacColl, which really unnerved me as a long time PSON shareholder. He thinks the industries that have been built up to support higher education over the past couple of centuries are now just as vulnerable to disruption as record shops and video rental stores were at the turn of the millennium. That’s the reason he is backing Chegg, a US company which describes itself as an “on-demand education services platform”.
It launched as an academic textbook-rental company, but when competition from the rise of Amazon made this business model unviable, it sold off its physical assets and pivoted itself to an online model. “What it has today is an enormous question-and-answer bank which sits as a sort of crib sheet for students and an online immediate tutoring service,” said MacColl.
“If you have a subscription to Chegg, you can get 24/7 access to tutors who will answer your questions for you there and then. They then take that bank of questions and open it out to all of the other users, making the thing increasingly valuable all of the time.
“It’s got 3.1 million users today and we think it has got the potential to scale up to a much more significant size .... I think this thing could easily get to about 12 million users”, says MacColl
Surely, this is the type of business that PSON should be doing.

[bookbroker] 20/11/2019 11:03

Yeah, down!

[bellesimo] 09/10/2019 11:01

Will move from here

[crystball] 26/9/2019 15:34

I think the negative reaction to the update was overdone. I bought some earlier at 7.20.The digital transformation is continuing satisfactorily.

[apollocreed1] 26/9/2019 12:57

Why are so many hedge funds short this stock? They did well today, but I wonder if they have negative insider info that the rest of us don't have access to...

[claret dragon] 26/9/2019 12:37

Bought in at £7.15

[james dean] 26/9/2019 09:17

Not impressed.

.

[saltaire111] 26/9/2019 07:54

Lousy update this morning!

Salty