Pearson Share Discussion Threads

[netcurtains] 01/10/2021 16:26

Pearson seem to be picking up now its looking like normal GCSEs and A Levels exams are back

[ch1ck] 02/8/2021 15:00

DeanPoor management underplaying an opportunity of a life time. ( COVID remote learning)Having sold an amazing revenue streamTo gauge the metal of the CEO watch any video interview I would buy on the dip however as any takeover would cull the present management team and integrate into there own learning resources and packages. A few companies spring to mind the biggest are foreign

[deanforester] 19/7/2021 17:31

What's up here then?

[netcurtains] 19/7/2021 16:44

Only #PSON up today for me. I think it must be lots of people buying online courses for IT, java script, CSS etc. If you cant learn it at least buy the share in online learning: Get ahead of the curve Go PEARSON!

[netcurtains] 10/6/2021 08:55

and another big jump in pearson

[netcurtains] 09/6/2021 09:56

It is pretty amazing how well RELX and PEARSON have been doing over the past few months.
Nice rises.

[netcurtains] 02/6/2021 07:44

Bloomsbury had bumper year.
Results out today.
Especially technical books.

[netcurtains] 02/6/2021 07:43

Bloomsbury had bumper year.
Results out today.
Especially technical books.

[thewheeliedealer] 31/3/2021 20:40

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast last week and PSON was one of Stocks we discussed. In addition, we have a Special Guest Star in the form of Tim Rogers, who was the former CEO at ABDP. He gives loads of insights into the likely future for the Car Market and also gives some background etc. around ABDP.

As always we also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management. Sadly we didn’t get time to chat about Tim’s classic motorcycle collection !!

Anyway, if you use Youtube, Apple, Audioboom, Overcast, Google+ or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 45) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, with the intent being that it is like you are eavesdropping on us having a chat down the local boozer (we can dream !!).

Cheers, WD
@wheeliedealer

[netcurtains] 15/3/2021 08:06

interesting open

[energeticbacker] 12/3/2021 10:05

Investor's Champion comments:

Pearson's dividend is still covered comfortably by free cash flow and the company's guidance is for a return to underlying growth this year. We feel it makes sense to see how this business performs under more normal circumstances before making any judgements.

[netcurtains] 11/3/2021 09:38

Pearson doing well..

I guess BIG in USA Education....
And
Takeover possibility.
And
USA Trillion Dollar spending spree

[pfoleypp] 09/3/2021 17:14

There's more than the results going on. Serious stake building, takeover bid looming . Hang on to your shares, £12.00 plus within 3-4 weeks I predict.

[netcurtains] 08/3/2021 15:05

wow - the market liked these results!

[mj19] 08/3/2021 07:35

Pearson, a publishing and education company, posted full-year adjusted EPS declined 50% over year to 28.7 pence on revenue of 3.40 billion pounds, down 12%. The company proposed a final dividend of 19.5 pence per share, taking full-year dividend to 19.5 pence per share, unchanged from the prior year.

[netcurtains] 03/3/2021 15:25

Pearson final results on Friday.

[pfoleypp] 28/2/2021 14:33

Netcurtains, I think its bigger than that, i.e 2 or 3 potential predators to battle it out in a bidding war which will drive up the share price well beyond £20.

[netcurtains] 25/2/2021 08:12

So Pfoleypp you suggest that BlackRock are buying shares in the company for a possible takeover?

Interesting.

Going forward more and more education will be online and PSON is the "BIG" online education company.

[pfoleypp] 24/2/2021 19:54

I think this is going well beyond £9.00 Been hearing rumours of serious stakebuilding going on and a possible takeover bid.

[netcurtains] 11/2/2021 13:57

Its worth noting that the £9 spike is possibly a target we should have in the back of our minds.
Its about £7.50 to buy at present.

[bookbroker] 05/2/2021 09:31

Been on a tear this one lately. Huge gap to fill down at 450p!

[spob] 28/1/2021 00:53

‘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

[deanforester] 27/1/2021 22:57

may give a reason.