Pearson Share Discussion Threads

[netcurtains] 20/5/2020 16:31

From Wikipedia:
Pearson Education is a British-owned education publishing and assessment service to schools and corporations, as well for students directly. Pearson owns educational media brands including Addison–Wesley, Peachpit, Prentice Hall, eCollege, Longman, Scott Foresman, and others. Pearson is part of Pearson plc, which formerly owned the Financial Times. It claims to have been formed in 1840[1] with the current incarnation of the company created when Pearson plc purchased the education division of Simon & Schuster (including Prentice Hall and Allyn & Bacon) from Viacom and merged it with its own education division, Addison-Wesley Longman, to form Pearson Education. Pearson Education was rebranded to Pearson in 2011 and split into an International and a North American division.

Although Pearson generates approximately 60 percent of its sales in North America, it operates in more than 70 countries. Pearson International is headquartered in London, and maintains offices across Europe, Asia and South America. Its online chat support is based in the Philippines. Pearson North America is headquartered at 330 Hudson in New York City, New York.[2] It previously was located in Upper Saddle River, New Jersey.[3]

Pearson Italia SpA, also known as Pearson Paravia Bruno Mondadori, was created through the purchase of PBM Editori, which was, in turn, a merge of Paravia (based in Turin) and Bruno Mondadori (based in Milan)

[netcurtains] 20/5/2020 16:28

Crystall - I bought in as seeing Pearson as an On-line Education company..... I'm not 100% sure what their individual products are but the general idea is online and education.

[crystball] 20/5/2020 14:57

Just saying hello. I continue to hold and still waiting before considering adding more shares. All the best to everyone here new and old!

[bookbroker] 20/5/2020 11:44

Probably when they decide on a replacement, which has not even been announced, imagine the process is held up by coronavirus, seeing as he announced he would be stepping down at the last results, and assuming he would remain in place during the transition it has taken on a different angle. Sounds like another balls-up, but events have taken precedence, so may be staying in place for longer.

[netcurtains] 20/5/2020 11:17

bookbroker: I'm not such an expert as yourself. Do you know the date when he will be gone? Thanks

[bookbroker] 20/5/2020 11:15

Problem is the read across never applies to Pearson, it is remarkable that Fallon survived as long as he did, you have thought shareholder activism would have sent him packing long ago. It is a disgrace that he has overseen such a decline here, and even more remarkable that he is retiring, as opposed to sacking.

[netcurtains] 20/5/2020 07:41

Bloomsbury NON-CONSUMER (eg digital / education) is BOOMING:
See todays report:


Implication for PEARSON - MUST BE GOOD.

From link:
Excellent Academic & Professional performance, with profit before taxation and highlighted items* up by 58% to £4.8 million (2018/19: £3.0 million) and revenue up 4%

· Non-Consumer profit before taxation and highlighted items* up by 85% to £6.7 million and revenues grew by 4% to £66.0 million (2018/19: £63.4 million)

· Non-Consumer profit before taxation grew by 159% to £5.0 million (2018/19: £1.9 million)

· Bloomsbury Digital Resources ("BDR") revenues up 32% to £8.3 million and moves into profit

· Digital format sales now comprise 22% of Non-Consumer revenues, a CAGR of 18% over four years

· Acquisition of Oberon's rights in December 2019 completed for £1.2 million, strengthening our digital resources with its high quality drama IP

· BDR partnerships with Human Kinetics launched and Taylor & Francis in development as well as the new National Theatre collection included in Drama Online

[netcurtains] 20/5/2020 07:41

Bloomsbury NON-CONSUMER (eg digital / education) is BOOMING:
See todays report:


Implication for PEARSON - MUST BE GOOD.
From link:
Excellent Academic & Professional performance, with profit before taxation and highlighted items* up by 58% to £4.8 million (2018/19: £3.0 million) and revenue up 4%

· Non-Consumer profit before taxation and highlighted items* up by 85% to £6.7 million and revenues grew by 4% to £66.0 million (2018/19: £63.4 million)

· Non-Consumer profit before taxation grew by 159% to £5.0 million (2018/19: £1.9 million)

· Bloomsbury Digital Resources ("BDR") revenues up 32% to £8.3 million and moves into profit

· Digital format sales now comprise 22% of Non-Consumer revenues, a CAGR of 18% over four years

· Acquisition of Oberon's rights in December 2019 completed for £1.2 million, strengthening our digital resources with its high quality drama IP

· BDR partnerships with Human Kinetics launched and Taylor & Francis in development as well as the new National Theatre collection included in Drama Online

[netcurtains] 20/5/2020 07:31

Hi Bookbroker:
I created the new thread as the thread header on this page:
1. Gives some small investors the impression that PSON owns FT and Penguin Books and people sometimes make snap trading decisions and regret on reading further. Thus for that reason alone it needs a new thread. But also..
2. This thread does not have the good charts (eg volume graphs below charts)..

[netcurtains] 19/5/2020 19:29

Take a look at this chart in the Five Year view:

[netcurtains] 19/5/2020 19:24

Basically Pearson is now a on-line Education company...

Its time is NOW.

This company definitely needs a COVID-19 and beyond thread...

This is the time for on-line Education...

The TIME IS NOW

From wikipedia:
Pearson Education is a British-owned education publishing and assessment service to schools and corporations, as well for students directly. Pearson owns educational media brands including Addison–Wesley, Peachpit, Prentice Hall, eCollege, Longman, Scott Foresman, and others. Pearson is part of Pearson plc, which formerly owned the Financial Times. It claims to have been formed in 1840[1] with the current incarnation of the company created when Pearson plc purchased the education division of Simon & Schuster (including Prentice Hall and Allyn & Bacon) from Viacom and merged it with its own education division, Addison-Wesley Longman, to form Pearson Education. Pearson Education was rebranded to Pearson in 2011 and split into an International and a North American division.

Although Pearson generates approximately 60 percent of its sales in North America, it operates in more than 70 countries. Pearson International is headquartered in London, and maintains offices across Europe, Asia and South America. Its online chat support is based in the Philippines. Pearson North America is headquartered at 330 Hudson in New York City, New York.[2] It previously was located in Upper Saddle River, New Jersey.[3]

Pearson Italia SpA, also known as Pearson Paravia Bruno Mondadori, was created through the purchase of PBM Editori, which was, in turn, a merge of Paravia (based in Turin) and Bruno Mondadori (based in Milan)

[netcurtains] 19/5/2020 16:20

Well if VIDEO MARKET booming (Netflix etc etc) then one has to assume - during lockdown

HOME EDUCATION

Will also have a big rise....

Its not rocket science... (well it might be, depends on what you're reading)

[bookbroker] 19/5/2020 09:57

I fully appreciate what you state, I am off the belief that Pearson ought to benefit more and more from its digital push, I hope you are correct, it has had a very bumpy ride in the last two years. Now is the opportunity to really see how much this moment will prove to be the test of all that work that Fallon has toiled over!

[netcurtains] 19/5/2020 09:41

Bookbroker: From what I understand (anecdotal evidence) during the lockdown loads and loads and loads and loads of TWENTY SOMETHINGS are doing online study and exams to help their CV. Thus stuff like PEARSON VUE and PEARSON COURSEs will obviously be REALLY REALLY REALLY HOT just now.
This share probably is undervalued by miles during the crisis. This is the TIME that EXTENDED HOME SCHOOL STUDY IS GOING BASALTIC

THINK STUDY AT HOME - THINK PEARSON

[bookbroker] 18/5/2020 08:51

It’s shocking how poorly this company has performing, considering education and its shift to digital is the way forward. Admittedly their shift has been slow, and the maybe the portfolio of products is simply not enough in the new world of online. Seems that new entrants to the education sector are providing structured packages of learning modules, rather than simply providing the theory, Pearson needs to find in Fallon’s replacement someone who is up to date with these new methods. Let’s hope that Taurel has someone in place for when Fallon leaves, but John Fallon have overseen a transformation in this company that has been nothing short of disastrous in its execution. He has seemed oblivious to the rapid changes that are taking place, or distracted with asset disposals up to now.

[bookbroker] 09/5/2020 11:02

Chegg put out some strong figures y’day in US, see if this has a ripple effect in Pearson Monday morning, if not a wake-up call to the board.

[ch1ck] 07/5/2020 08:53

Gee up 3+ % I must be dreaming

[bookbroker] 06/5/2020 18:58

Remorse - Fallon seems a decent bloke in interviews, pretty impossible task to digitalise the education business away from text books in three years, at the same time maintaining the solvency of the business. I hope that the transformation is successful, just watching the decline in mkt cap in the last twelve months pretty stark, one hopes the heavy lifting is near complete.

[crystball] 06/5/2020 16:50

Quite a substantial sell reported after hours, an offload of over 2.5 million shares at £4.31. Wonder who that was?

[bookbroker] 06/5/2020 13:32

Supposed to be vacating the position this year, but I’m amazed he has managed to cling on as long as he has, although the process to digital is taking place, needs to step up dramatically, why is he so leaden-legged about it, was not qualified for this role originally, a very poor choice by the previous board!

[ch1ck] 06/5/2020 12:51

Completely agree Booker. To quote from Monty P and the Holy Grail "Nail em up, I say" Nail some sense into them". He he

[bookbroker] 06/5/2020 10:24

Fallon really needs to go, he has was given a stay of execution two years ago, and the company is no further in terms of shareholder value. I f this was a US company he would have been out a long time ago, Taurel needs to take control and assert his authority. At the moment we are treading water, handing out the dividend was a mistake and not charging for its products even more striking, I commented above, but both these two factors I see as a sign of weakness, trying to placate investors and likewise offering an olive branch to customers. When they do start charging you may see an outcry, would you see Microsoft giving customers a holiday on their subs for Windows products, etc, NO!