The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
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Hi Mark, Positive update this morning yet sp has fallen?! Like you say, short sellers, plus those bought in at around 70p may be top slicing or locking in profit. Who can blame them in thus period of uncertainty. I was tempted at 98p but am leaving alone for now.
Hello John.....Yes we have watched LTG plummet and now some rises . Although I was surprised to see the rises dispite the shorter positions remaining. That in itself stopped me from buying in . Any ways let's see what happens ....
Methinks somebody knows something ahead of trading update?! If good news will rocket above 100p, may be back up to 125p level. Where placing was ....
LTG - Great news due to be released. Watch the climb back towards 169...
BREAKOUT
LTG 91.50p +5.70p
After having a couple month on losing plenty of ground more than half, lately is slowly picking up strength and today breaking up from the last Intraday high. Has the shape of Inverted HEAD & SHOULDERS on the 2-month chart.
http://uk.advfn.com/p.php?pid=staticchart&s=L%5ELTG&width=630&height=350&p=2&t=1&dm=2
I will buy again at 60. I think it is worth that. And will be worth more in years to come. I hold them at 33. One of my better decisions..
The short positions remain the same. Unless there is activity below point five per cent of stock that hasn't to be reported. These are volatile days for most stocks. The question is are you lucky enough to scoop up at the bottom of the u curve??
Slide continues...70p support broken...
Dead cat bounce Friday...
Very shrewd about short positions , no doubt. The thing is that anything out there in the public domain, the things we are told, are not really very useful. It’s very old news. Old by a few days or months, I mean. Any information fed to the cows is always old. It’s hay, fodder, encouraging them to react to something they put in the feed. Buy, sell, stay put. The farmer knows what is in the feed, the cows do not.
Port sea Asset Management increased their Short position by point 25 % on 30th November . So the shorters owe just over 2% of shares issued. So The action for me is to keep my holding. I shall keep an eye on Short Tracker to see when their holding drops to below point % Then depending on the then SP I might buy stock. ( hopefully in time for the final year results which I expect to be encouraging).
It might drop further. Then again it might go up, or stay around 80 for a while. Sorry if that's not helpful but it is as helpful or as useless as anyone's predictions on these sites. It has been a rising balloon over three years , posing the question 'how long do you keep a grip on the rope?' Seems like quite a few have let go or fallen off from altitude sickness, , maybe to catch it again on its way down.
Wall of worries, bear market. It'll probably be even lower for longer.
It's been way oversold! £400k buy just gone through.
What the he'll is going on here?
It is a considerable amount of money to offload but we all have to realise profits at sometime or another, .if only to balance the weightings. Or simply to close a position when we feel we’ve made enough. Or lost enough. The directors still hold a substantial number of shares and the institutions have confidence in the directors and the business. I think the price ran too far away from the present realities regarding the numbers. It’s a good company but it started to look very expensive .
Notwithstanding the millions they have invested , cashing in £40.00 million pounds does not send the right signals to the market.
I should have taken some chips off the table as well. I was up circa 120% now i am down way down from the ATH.
Some might be worried about the rate of aquisitions here. They seem to be buying anything that moves. If it pans out in the end, all's good. Keep an eye on the number of new shares issued.
https://www.cnbc.com/quotes/?symbol=@DJ.1
promising day of recovery
total and utter ****g bullshit
it happened 2 months ago and the directors have still MILLIONS of pounds invested
The Times Wasters
Learning Technologies
Few things are more dispiriting than receiving an email from your HR manager requesting that you complete an online module on, say, GDPR, or the latest change to the money laundering regime (Simon Duke writes).
Learning Technologies, a software developer that helps companies to educate their staff, aims to put some sparkle into corporate training. As Jonathan Satchell, chief executive, puts it, too many educational tools are “boring and turgid”. In the era of smartphones, people demand the same slick user experience that they enjoy on Netflix, Spotify and other consumer apps.
Based in London, Learning Technologies has ridden this trend to become one of the darlings of the stock market. Its shares have risen ninefold over the past five years, giving it a valuation of more than £750 million. Yesterday it went some way towards justifying the hype after setting itself some punchy targets. It is aiming for revenues of £200 million a year and underlying earnings of £55 million by 2021, compared with a previous goal of £100 million of sales and £25 million in profits by 2020. It also announced that it was buying 70 per cent of Watershed, an open learning analytics platform, for as much as $12 million.
With Andrew Brode, the chairman, Mr Satchell bought and later renamed Epic, a digital training company, in 2007. They listed the company on the stock exchange through a reverse takeover in 2013 and have grown Learning Technologies organically and through acquisitions.
The shares have fallen from an all-time high of 166½p in late September after Mr Satchell and two fellow directors sold more than £40 million of stock. They took some chips off the table for “estate planning and portfolio diversification purposes”. After the sale, Mr Satchell retains an 11.3 per cent stake.
Yesterday Numis upgraded Learning Technologies to “buy” and slapped a 180p price target on the shares, a third above yesterday’s close of 120p. Yet it is rarely a good signal for prospective investors when directors sell shares, even if they have plenty of skin left in the game. For now, it would be better to avoid.
ADVICE Avoid
WHY Recent share sales by directors
I hold ACSO which is a high p e company too . That has gone down by nearly 50 % I did hold IQE a non dividend giving Plc which is now a third of its peak SP . But LTG with its Pe of 321% is bucking the trend . ...that is the flight from high p e tech companies. Remarkable really. I continue to top up if it looks right.....
Exactly, today could not have been a better illustration of the fact that micro factors are, generally speaking, trumped by macro factors over time. Today's exception is just that, an exception, but very welcome all the same.
I got in at £1.60, the peak unfortunately but im going nowhere
Fundamentals and forecasts have not changed at LTG. Therefore it can be reasonably deduced that recent drop in share price is related to do wider global economic issues and other macro-concerns including (but not limited to) US-China trade war, Brexit and Italy budget. While impact of these concerns and uncertainty can be seen by those of us following LTG, it is in fact impacting the equities market as a whole.
LTG continues to acquire and integrate smartly, operates globally, generates more and more revenue in US$ and most of the revenue is recurring through subscription or service models.
Still fully expecting full year results in March 2019 to be in line with the Board's expectation. In fact would not be surprised if results beat forecasts as they have done for the last 4 reporting periods.
AIMHO