Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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Learning Technology Shares are too much undervalued. They should be rise to 360p
Organic company growth, acquisitions going well and in line trading expectations. Sales up, profit margins similar to last time. Learning Technologies saying GP Strategies acquisition buy just announced will substantially increase profits. That’s the big takeaway here as the company profits & sales forecasts will be upgraded. Broker upgrades to higher share price company. I see Blackrock increased its stake in LTG by another 1/2 % & they see value at these share price levels.
360p Fair Value says Berenberg Broker.
Learning Technologies shares trade at 50% discount on P/E terms compared to UK software peers saying that is too cheap. This was back on 22nd Jan 2021.
Now latest acquisition of GP Strategies will boost company earnings & sales revenues. So even 360p fair value seems low, more like 432p I reckon on 20% uplift on earnings.
Berenberg analyst Benjamin May sees the firm’s update today as the ‘first of many upgrades to come’ and believes the firm can also deliver strong organic sales growth, a lack of which has previously put off some investors.
He also praised the company’s recent acquisition of performance management platform Reflektive, and regarding M&A added: ‘Assuming the company simply spends £60 million in the next two years, using existing cash reserves and modest debt we calculate £66 million of EBIT in FY22, in line with the company’s targets. On this figure, LTG would trade on 24.5x P/E, representing precisely a 50% discount versus UK software peers… this is just too cheap.’
LTG buyout of GP Strategies is great news. Means earnings going much higher. So broker share price targets are going to upped by a lot.
4 Wall Street analysts have issued ratings and price targets for Learning Technologies Group in the last 12 months. Their average twelve-month price target is GBX 218.75 The high price target for LTG is GBX 250 and the low price target for LTG is GBX 175. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock, resulting in a Buy rating
New article on LTG's recent trading update. Covers new acquisitions, Royal Navy contract and expansion into Moodle territory. Good read for LTG shareholders
https://www.simpvestor.com/plcs-news/2021/1/27/ltg-plc-digital-learning-in-the-pandemic-era
djkbrown, I expect you are pleased with your holding? I estimate you'll have seen a 150%+ return so far?
I've been in since the mid-40s, have taken some profit at points so now LTG is a free ride and then some for me. Still holding more than two-thirds of my original stake. £10 a share would be a dream, though that would value the company at £7 billion, so it would take quite some doing to achieve. My feeling is if LTG keep going the way they have done over the last 4 years with acquisitions and EBITDA, then next couple years could see company get close to £2 billion valuation, so about £2.80 per share. Time will tell.
I recall there being some excitement a while back when LTG engaged Goldman - there was some speculation then for the company to take a step into FTSE. Nasdaq might be interesting, but I think there's enough interest in Blighty for the Board not to need a US listing.
I have been a long term holder. Still holding .
I have been in since 70p. This could easily be a £10.00 share. They need to get off Aim go to the main market and even the Nasdaq.
I agree. This is a fantastic business which is why I have been a holder for a few years now - suffice it to say I am very happy with how my investment has performed over that time. The company has consistently delivered on targets and now its shown itself to be pandemic proof. The future of learning will be increasingly reliant on software and online assets. LTG has been in that industry since before the pandemic which should put it in a good position to gain more business in the future. Definitely more to come from LTG.
Excellent RNS continung to build the business despite covid with recurring contracts. Heading up towards £2 and new highs
Saw a 500k deal go through earlier ! mid price.
mmmmm
14:50 153 500,000 Unknown
Unusual in todays trades. Mostly AT and ALGO. I was not able to find any references to the RN contract.
I think there are positive rumors about regarding the Royal Navy contract.
SP up from 137 to 150p on no obvious news. Any thoughts?
The company webinar on the 22nd September talked about a large contract renewal that was close and a potential deal with the Royal Navy. Nearly two months later there is no news, or have I missed something? I hope some positive news comes soon on either these contracts, or an acquistion. It all seems rather slow progress at the moment or am I just impatient ?
Good to see BlackRock continuing to increase their holding
monster £4 mill buy at the end there
but that doesn't account for the fall. A broker had a sell rating after results and that has proved wise. I sold some at 140p but kept the rest so obviously didn't learn my lesson. I do think the fall is overdone however and hope to see a bounce back as the company has given good forward guidance which should be reflected again in the SP at some point.
Volume more than twice the daily and we are not at 10am yet. Hmmm