PYX Resources: Achieving volume and diversification milestones. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Same pattern as yesterday, rise initially then gradual drop downwards. Lots of shorting everywhere today!!
Goldman Sachs started covering LTG today with BUY recommendation an price target of 113p.
Wellington Management Company shorted the stock. Dated 18/3/19. O.51%
Brexit shouldn't have anything to do with it, most revenues derived outside UK. In US i believe... Profit takers/short selling...
There's only one explanation for the drop IMO, BREXIT. Should soon be fine.
I have sold out here. Even if there is organic growth its not much for a share on usch a high multiple. IC have a buy on it but I think their analysis is rather superficial in this case. Growth is mostly from take overs. The director sales are rather telling I think. Huge....over past 12 months.
shorted to death, not rigth, it needs a break its a great company
What is going on with this share? Is this being shorted? All the gains from Tuesday lost.
Blackfox, how do you calculate 97p by end April 2019?
This could be the reason for today's drop
From Alphaville.
"We are Sellers of Learning Tech because:
The track record of strong organic growth, often referenced by management, is misleading. We calculate an average of just 4% since 2008 and 2018 at 0% (ex-CSL).
A build up of deferred income in acquired companies could be used to flatter future growth.
Competition in the LMS (Learning Management System) space is intensifying as startups enter and large technology players invest.
We think 25% margin targets are leading to structural under-investment and endangering the core business' competitive strength.
Pressure to invest in headcount is likely to lead to margin compression from 27% in 2022 to 16% in 2027.
Our forecasts produce an intrinsic value of 40p, c50% downside, which could still look generous given organic revenue cagr of greater than 5% over 10 years and terminal EBIT margins of 16%.
12:04 pm
BE
The central argument here is that management are gaslighting investors into seeing "strong organic growth" where it doesn't exist.
12:05 pm
BE
[W]e estimate the business has achieved average organic growth of just 4.5% since 2008. Our view is corroborated by the 22nd January 2019 trading update, which implies organic growth dropping to zero for FY18."
I suspect it will drop further due to shorters / short term traders. Follow the SP, gain a better average and wait for it to bounce. I predict a minimum SP of 0.97p by end of April 2019. Reiterations have already been done with a minimum of £1.50.
Sit tight, let the worse pass by and let the sellers do their thing. It wont last.
Agreed blackfox. It's market specific not company specific regarding drop. As in profit taking. For what it's worth, I'm sure IC on Friday will have a buy rating so new buyers maybe then... And one or two broker buy reiterations will push this higher short term.
What a contrast of a day. Big Sells, I suspect it was profit taking. Not great to see but reality is that the update was fantastic and that SP is not dropping because the company is not doing well. It will bounce
From a poster Rampmeister on ADVFN
Learning Technologies Group PLC (LON:LTG) shares jumped in early deals on Tuesday after it hiked its final dividend by 67% on the back of an earnings surge in 2018.
The digital learning and talent management firm reported pre-tax earnings (EBIT) for the year of £27.2mln, up 104% on the prior year and ahead of expectations, while revenues had soared 83% to £93.9mln.
Extract from Proactive Investor today
Shares “undervalued”, says broker
In a note to clients, analysts at broker Peel Hunt said LTG’s shares were “undervalued” and retained their ‘buy’ rating and 150p price target.
“We believe the market is undervaluing the transformation of the company to a largely recurring revenue model alongside the potential for further margin expansion in the coming years”.
Shares were up 6.9% at 72.9p, a 51% discount to Peel Hunt's target price.
Yes, buyers catching up! Very pleased with results here, should see sp back up towards 100p in coming days/weeks...
Yet still large selling?!
Excellent set of results. Doesn't matter what the share price gonna be at the end of the week, month or year but I can see the strategy works and should make us richer.
Continuing excellent cash generation; net debt at end February 2019 down to £5.0m
from £11m and only 2 month into the year, over50% already.
Blackfox, yes. More buys than sells yet sp still drops final hour of day. MM games before results tomorrow?! I await with interest... GLA
Ah ok. So it is a genuine buy or sell transaction?
usually means it’s the mid price, and the platform doesn’t know if it’s a buy or a sell.
Hi, can someone explain what the trades shaded in black / grey mean?
It may not rise 19% on Tuesday, but if results/outlook are satisfactory, could rise that and more over subsequent days/weeks. I see liontrust increased their holding above 5% on 8th march. No director sells or buys either. I will be looking to buy in potentially sub 70p, at some point tomorrow...
Yes, me too. Could be a flurry of buys, especially before bell... You're not invested riley?