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Newcomer with some pedigree (LTG)     

partridge - 24 Mar 2014 13:52

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.

Dil - 14 Jun 2018 01:52 - 58 of 79

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

partridge - 14 Jun 2018 08:48 - 59 of 79

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.

partridge - 14 Aug 2018 10:43 - 60 of 79

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

Dil - 16 Aug 2018 11:36 - 61 of 79

I lead they follow :-)

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

partridge - 25 Sep 2018 08:52 - 62 of 79

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.

Dil - 25 Sep 2018 10:04 - 63 of 79

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.

Dil - 25 Sep 2018 17:26 - 64 of 79

That was a fun day partridge.

partridge - 26 Sep 2018 16:22 - 65 of 79

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.

Dil - 26 Sep 2018 17:14 - 66 of 79

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.

partridge - 18 Oct 2018 14:16 - 67 of 79

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.

iturama - 21 Nov 2018 10:05 - 68 of 79

Despite a vow to start moving into cash, I decided to dip my feet in the water this morning. Lets see how it goes.

partridge - 04 Jan 2019 13:48 - 69 of 79

Added to holding today. Year end trading update due later this month should be very positive - more than halving of the price since end of September looks too harsh to me, but guess time will tell. Always dyor.

skinny - 07 Jan 2019 13:11 - 70 of 79

Something afoot here.

Chart.aspx?Provider=EODIntra&Code=LTG&Si

partridge - 22 Jan 2019 09:58 - 71 of 79

Excellent Pre Close trading update today. Focus on margins, cash and increasing recurring revenues looks like it is paying off. Always dyor.

Dil - 22 Jan 2019 10:34 - 72 of 79

Yep , can't understand why it's fallen so much over last few months. I got lucky and sold some at 161p but still have more than half my original holding.

Might buy the rest back soon.

partridge - 22 Jan 2019 14:44 - 73 of 79

Market does not seem to like the fall in revenues at Content/Services side, but reduced Peoplefluent sales previously flagged up - more importantly, profits and cash should be not so affected and results will reveal more on 19th March. Always dyor.

iturama - 08 Feb 2019 10:37 - 74 of 79

Still taking a hammering. Short % is modest. HFTs playing games?

Dil - 08 Feb 2019 11:18 - 75 of 79

Absolutely no idea It.

Have to admit I've just sat on my hands in recent weeks like a startled rabbit caught in headlights.

I know if I sell it'll be the bottom so will sit it out til news emerges or next results.

Fred1new - 08 Feb 2019 11:26 - 76 of 79

You never learn!

Dil - 08 Feb 2019 12:42 - 77 of 79

Fortunately Fred if I sold the rest of my holding now I would still be well over 250% up over the last couple of years on these.

Wish all my picks did that bad.

You stick to VOD Fred.
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