Formed when In-Deed online acquired privately owned Epic last November. Epic part owned by Andrew Brode, chairman of RWS Holdings, which has superb record and he became chairman of LTG, encouragingly taking shares for most of the sale consideration of Epic. Stated intention is to grow the online learning business ( a fairly fragmented market) from current sales £7.7M to around £50M, via both acquisitions and organic growth. Acquisition record at RWS has been exemplary and if it can be repeated here then lots of potential. Brode aged 73, so lots of experience/wisdom imo. Results for 2013 due next month. Early days, but I have put a toe in the water and may add if results look good, but always dyor.

Excellent set of numbers for 2017 and "current trading ahead of management expectations". High level of intangible amortisations depresses profits but not cash - now nil net debt thanks also to some hefty advance payments received. Fairly muted response to the results, which were expected to be good. LTG has a lot to live up to, but so far not put a foot wrong. Always dyor.

Broker upgrades likely but I'm sticking to my 115p target for 2018 for now.

Berenberg have reiterated its buy rating and raised its target from 80p to 105p.

I'm sticking with my 115p target for 2018.

New high today.

Woo hoo , through the quid mark today and next stop 115p !

2 quid by xmas fill yer boots :-)

Huge acquisition announced tonight!

"Proposed Acquisition of PeopleFluent for $150 million (GBP107 million)

Transformational for US presence

Immediately and significantly earnings enhancing"

Welcome to the big time, LTG

My new price target for 2018 is 138p with 180p pencilled in for 2019.

Placing went well , 98p they got it away at.

Another big morsel to swallow, but first rate execution so far and I continue to hold. Peoplefluent expected to be "immediately and significantly earnings enhancing, based on expected completion by 31st May". Don't understand the reasoning behind LTG owning 100% of Jersey SPV holding the placing cash (rather than the cash itself). Always dyor.

Nice to see directors digging deep into their pockets at the placing. Makes a big change from certain others where the chief executives filled their boots into the rise by exercising options or founder shares. Must be worth a punt.

Dil - your targets have always looked rather optimistic to my naturally grumpy nature, but you may take some comfort from recent IPO on NASDAQ of Pluralsight Inc. They have a broadly similar offering to LTG, if not directly comparing apples with apples, Revenue in 2017 was $165M and they managed a pretax loss of $96M. Comparatives for 2016 were $131M and loss £20M. Listed at $15, it went to a 33% premium on day 1 and now has market cap $2.8Billion!! I simply do not understand, but your targets are beginning to look more realistic - especially if Peoplefluent proceeds as anticipated this week, increasing further LTG trade in the USA.

Right then call me stupid if I've got this wrong but has some non executive director just bought £400k's worth at 107p ?

Manners, Dil. This not just "some non exec director" but the charming, bright and engaging Leslie-Ann Read (who must also have deep pockets). She also bought over 900,000 shares at 98p in the recent placing for the Peoplefluent purchase. That has now completed and signs remain very encouraging - on the face of it, Leslie-Ann must think so. Note also however that COO Dale Solomon has exercised options and sold just over 1m shares at 107p for "family" reasons. Not selling mine any time soon, but always dyor.

Peel Hunt and Numis have recently set price targets of 140p and 132p respectively - Dil, are you working for them?! Half year results due end of September will need to be strong, but I suspect they will be. Always dyor

I lead they follow :-)

I'm keeping my target for the year at 138p and will not be updating it until after the results.

Splendid set of interim figures, albeit lots of one-offs because of the nature of their growth. My simplistic approach of looking at the cash flow when too difficult to take in all the profit/loss elements shows that in the first half they generated not far short of all the cash last year. Thank heaven for ISAs.

Full year profits expected to be significantly ahead of the boards previous expectations.

I'll have to come up with a new forecast for the others to copy now partridge.

That was a fun day partridge.

Yes indeed Dil. Bought my first lot around 14p and got my stake back at 105p, but still have a large holding, thankfully all in ISA. It is nice to win big sometimes and see they have gone higher so far today. Apologies for off topic, but went to Fulcrum Utilities AGM in Sheffield today - long trip from the Home Counties but worth it - also by coincidence first bought them at 14p, then sold half at 7p eighteen months later when they looked like going bust. At least had the good sense to add more when new management turned it round and now about 60p. Cannot see them doing an LTG, but may be worth a look! Always dyor etc.

Cheers partridge will do.

Difficult to put a price on these until full year figures give a clearer picture but I'm pencilling in 195p before full year results and 250p sometime next year.

These fell about 15% after I bought in around March last year I think. Glad I hung onto them.

Share price hammered after large sale by CEO (placed with instis at 130p) but all his wealth essentially tied up in LTG and he still has 71 million shares, so not unreasonable in my view) just before the CAKE debacle. Seems to have settled down now, no doubt helped by FD buying 137K shares at 127p. Always was going to be an exciting ride - this is the first big collapse in price and I have not sold any, but nor did I have the courage to add. Always dyor.