Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
What is new? The "bid premium" from the TIMES has gone, 30% off and the extra R and D has put profits on hold for this year. Markdown of 40% ish is about right on the day. However, the fall will bring out buyers of cheap stock and a good chance at least one bidder may show up. Punters may leave town, but long termers have just seen the shares back to where they were 3 months ago [and up 600% in the last 20 months.] The outlook as per the statement is good.!!
ATUK and MAC
They however have not done 70% compound for 8 years two months. They are traders not investors, nor do they research stocks. THIS STOCK ALONE HAS 11 BAGGED SINCE LAST YEAR .!!
ADVFN poster seems to think yet a fourth poss bidder has shown up.!!
House to combine, creating the world's leading trade publisher October 29, 2012 Pearson and Bertelsmann today announce an agreement to create the world’s leading consumer publishing organisation by combining Penguin and Random House. The combination brings together two of the world’s leading English language publishers, with highly complementary skills and strengths. Random House is the leading English language publisher in the US and the UK, while Penguin is the world’s most famous publishing brand and has a strong presence in fast-growing developing markets. Both companies have a long history of publishing excellence, and both have been pioneers in the dramatic industry transformation towards digital publishing and bookselling. Under the terms of the agreement, Penguin and Random House will combine their businesses in a newly-created joint venture named Penguin Random House. Bertelsmann will own 53% of the joint venture and Pearson will own 47%. The joint venture will exclude Bertelsmann’s trade publishing business in Germany and Pearson will retain rights to use the Penguin brand in education markets worldwide. Bertelsmann will nominate five directors to the Board of Penguin Random House and Pearson will nominate four. John Makinson, currently chairman and chief executive of Penguin, will be chairman of Penguin Random House and Markus Dohle, currently chief executive of Random House, will be its chief executive. In reviewing the long-term trends and considerable change affecting the consumer publishing industry, Pearson and Bertelsmann both concluded that the publishing and commercial success of Penguin and Random House can best be sustained and enhanced through a partnership with another major international publishing house. They believe that the combined organisation will have a stronger platform and greater resources to invest in rich content, new digital publishing models and high-growth emerging markets. The organisation will generate synergies from shared resources such as warehousing, distribution, printing and central functions. Pearson and Bertelsmann intend that the combined organisation’s level of organic investment in authors and new product models will exceed the total investment of Penguin and Random House as independent publishing houses. The two companies believe that the combination will create a highly successful new organisation, both creatively and commercially, with the breadth and investment capacity to deliver significant benefits. Readers will have access to a wider and more diverse range of frontlist and backlist content in multiple print and digital formats. Authors will gain a greater depth and breadth of service, from traditional frontlist publishing to innovative self-publishing, on a global basis. Employees of the new organisation will be part of the world’s first truly global consumer publishing company, committed to sustained editorial excellence and
Faster into digital, services and emerging markets My conclusion – based on what I’ve heard in recent months and learned first hand over the past 16 years – is very straightforward. The Pearson strategy is settled and sound, and we need to accelerate its implementation. We need to move faster in our digital transformation, our move into services and the building of our presence in emerging markets.
Pearson is the world's leading learning company. We have 36000 people in more than 70 countries, helping people of all ages to make progress in their lives ...
YES !!!
November 7, 2013 by Jenny Mudarri The IET partners with Publishers Communication Group for sales representation in Europe The Institution of Engineering and Technology (IET), Europe’s largest multidisciplinary professional engineering institution, has selected Publishers Communication Group (PCG) for a new sales representation agreement in Europe. With this arrangement, PCG will support institutional sales of the IET’s collection of digital resources, including the IET Inspec database, across key European markets.
This is the boss of our Chinese J/V talking. The easy to read through platform is running on PTO"S software with 49% of the profits coming to PTO; 60% PLUS OF THE CHINESE BOOK MARKET. "Easy to read through it can be said that our own Amazon, it will make China's digital resources can enter the international digital main channel, to promote Chinese publications to the world, in accordance with international standards, to enhance China pricing publications in international transactions level of income "Zhangji Chen have high expectations. They pass through and see the difference lies in the Amazon, the Amazon is a comprehensive B2C electronic business, mass consumption read some more. Easily understood through reading key service targets institutional or professional users, their technology, medicine, education and other aspects of professional needs more resources. But also easy to read through the Amazon, Jingdong, Dangdang and other platforms to provide digital resources.
Good point Dart They have spent best part of 6 years getting to this stage. They will not give it away.
Thankyou, Riddler. PTO and WSG both 10 bagged in the last 2 years.!!
National digital library promotion launched 17:03, December 16, 2010 A project to promote China's national digital library was launched in Beijing on Wednesday. It aims to ensure that every organization, every family and every person has their own digital library through new media, such as mobile phone, digital TV and internet. With the national digital library as the core, this project will connect all libraries nationwide to form a single, massive digital library. The construction of a national digital library has achieved preliminary results, according to Wei Dawei, deputy director of the National Library. As of the end of 2010, digital resources have reached 460 terabytes and the public can access 76 percent of records, which cover various historical periods at home and abroad. By Liang Jun, People's Daily Online THEN READ THIS FROM PTO.!! "The aim of the Digital Gateway project was to create the most significant resource for international digital content in China on the pub2web platform. Yet it quickly became apparent that there was also scope for creating a portal to export Chinese content digitally across the globe, in line with the Chinese government’s strategy. Subsequently Ingentaconnect China was born. These dual Chinese projects have grown in size, significance, ambition and potential, so much so that we now expect to make millions of international online resources available in China and vice versa, opening up new avenues of collaboration on content and culture." PTO IS VALUED AT JUST £45M, The house broker has not yet even factored in Profits from China yet into its forecasts.!!
2014, but 2015 is when I think they could go off the radar as the number of digital books/research papers and so on go live. The Chinese 5 year plan will be finished by then and no doubt it will be the best in the world. PTO has 3 software suits running in China. Ingentaconnect China Pub2 web Advance. Also see newsflash on my ADVFN thread this morning.!!
Today.!!
Actions Next Previous Press the Enter key to select an item Inbox Drafts (106) Sent Spam (300) Trash (2) Folders Notes MESSENGER Me: Offline Sign in to Messenger to see who's online. APPLICATIONS Photos Attachments Notepad China is Opening to Westerners, Rapidly October 16, 2013 George Lossius, CEO of Publishing Technology This past August, I headed east for the third year in a row to attend the Beijing International Book Fair, Asia’s flagship publishing industry event. When I was first invited in 2011 after launching our domestic partnership in China, I did not know what to expect. Now, in the span of two years it feels that the number of international delegates and exhibitors has grown in volume, but most obviously in size of presence and the Chinese market has gained new focus for publishers and industry providers well beyond the week of the Book Fair. This feeling was further emphasized when, a few weeks later, I also visited the first, and very successful, China Periodicals fair in Wuhan. As publishers begin to enter into this market, I thought I wo
BOKER UPGRADES TO £5.60P
PTO can grow earnings at an alarming rate the reason for the share price rise. Broker has £1.3M this year and £1.8M in 2014. This year I think we may do more than that and next year profits will I think go nuts. For a start the research bill will fall from £3.2M towards £1.5M Recurring income jumps from heaps of contracts. Debt is repaid China gets into gear, profits can then ROAR
PTO is not about earnings this year or next. Take a 3 year view and look to 10 or 20 bag as the profits pour in. The directors like myself know the value and the market is just about to see it.!!
The Chinese could buy PTO if they wanted [they just have to pay our directors what they want.!!]