gamesinvestor
28 Dec 2015
Re: Lombard's prediction for Pearson 201... "I wonder if Jonathan Guthrie would have penned those words if Pearson had not sold the FT to Nikkei this year LOL."indeed -- consider myself fortunate for swapping this one for ITV when I did. I suspect Astra Zeneca will hit the same fate -- don't know if you are still invested in AZN or look at the board these days -- rightly or wrongly I reduced my holding from over 5% to 1.31% and it'll possibly go to zero in the coming days.I've done a bit more reading on Victrex and have to say for a company with no debt, a pretty strong position in it's growing market, a well covered divi and special's now and again to boost the income I'm wondering if you still consider a reentry here at some juncture? It's getting more of my attention, and like Treatt, it has a specialist market, competition yes, but not excessive for what should be a massive market. It seems so logical with metal being so heavy and fuel inefficient.Games
LK Hyman
28 Dec 2015
Re: Lombard's prediction for Pearson 2016 Games," Chief executive John Fallon swaps the company motto “always learning” for the personal description “no longer earning” as Mr Taurel asks him to leave."I wonder if Jonathan Guthrie would have penned those words if Pearson had not sold the FT to Nikkei this year LOL.LKH at the LK Wash & Valet
gamesinvestor
28 Dec 2015
Lombard's prediction for Pearson 2016 At the annual meeting in April, Pearson’s chairman Sidney Taurel recognises calls for a break-up are a reflection of the publisher’s problems rather than a solution to them. Chief executive John Fallon swaps the company motto “always learning” for the personal description “no longer earning” as Mr Taurel asks him to leave.Games - is it still heading towards a fiver?
gamesinvestor
13 Dec 2015
Price erosion online [link] always suspected this would be the case like the music industry. What's sad is that Pearson management not accepting this fact is now alienating it's core customer base and potentially losing swathes of the business for good. Best way to alienate is to introduce punitive price rises, rather than easing them in over a number of years.I wouldn't be holding this one above a fiver.Games
numberbiter
11 Dec 2015
Re: How low will the share price go? This company is a 'basket case'. They have sold the Financial Times and Economist, but after getting close to £1bn for these sales, there will still be net debt. The biggest part of their digital business is the the USA, but that business only does well when the country is in recession, which it isn't now. So you can expect profits to fall significantly and a large dividend reduction looks odd-on. They have sold the family silver; the only assets they have left appears to be intellectual property.
II Editor
23 Nov 2015
NEW ARTICLE: Chart of the week: Time to buy these two losers? " Today, I will update my coverage of LSE
SONearson and LSE:GLEN:Glencore because both have arrived at important price points on their charts. Update on Pearson - is it a buy now? I have been extremely bearish on this share ever since I started ..."[link]
TX2
12 Nov 2015
Re: How low will the share price go? I note that Pearson offer a BTEC course in "Barbering";it seems at least to have given the share price a good haircut!I suppose if the company really achieves earnings of 70p per share as claimed;then the shares are cheap.But the problem is how genuine and sustainable these profits are.Even if both are the dividend looks far to generous.Nick Train of Finsbury Growth & Income Trust;who has a very good record of stock picking(apart from Pearson!) seems to be holding on to their Pearson shares and seems to think if the company can maintain 60p earnings from its educational division then Pearson might be upgraded.(See Finsbury website Newsletter Oct).At the moment I am not sure it is a bargain.......because I can't quite work out what it is really earning.
gamesinvestor
12 Nov 2015
Re: How low will the share price go? Stokeie -- A fiver
Stokeie
12 Nov 2015
How low will the share price go? This share as 6.50 written all over it in my oppinion. Its such a shame, that a one of the greats in media sector is in such a mess. When any company even thinks about cutting its dividend, we all know how brutal the market can react. LKH, where are you? Its always nice to know your insight on this company.Stokeie
nk1999
27 Oct 2015
Credit Suisse "Credit Suisse downgraded Pearson to 'neutral' from 'outperform' and slashed the price target to 970p from 1,455p following the company's third-quarter trading update last week.It said the update showed weak underlying revenue and the general message was one of a strong competitive performance more than offset by industry-wide struggles."Whilst we continue to see the potential for longer-term upside for the group as it makes the digital migration, we believe these results demonstrate that it is no longer possible to have any meaningful conviction in the group's short-medium term trading and as such we no longer believe its assets deserve a premium to its more stable professional publishing peers."The bank cut its 2015 and 2016 adjusted earnings per share estimates by 6.3% and 14.3%, respectively, as it takes more conservative assumptions for the group given the lack of clarity.This takes CS's 2015 forecast adjusted EPS to 70p, in-line with company guidance for "around the bottom end" of the group's 70-75p range."From ADVFN.
Lupo di mare
26 Oct 2015
Re: New Chairman "buying in just before the announcement;" - I meant the update, not the appointment.
Lupo di mare
26 Oct 2015
New Chairman Obviously, Glen Moreno knew about his successor's appointment when he bought that slug of shares the other day, but it hasn't ignited the market - yet. Let's hope that it puts a floor under the price; that was just about my worst investment decision - buying in just before the announcement; although I believe there's been an over-reaction.I don't know much about his reputation, other than his leadership of Eli Lilly. Must do a spot of homework.
gamesinvestor
24 Oct 2015
Re: Exane BNP Paribas "We concede that it will take the group much longer to see the benefits of the hoped-for cyclical and structural turnaround"In other words, the current business model has collapsed and the new on-line one has not yet happened, and if and when it does it will be an unlikely revenue match to the old one.This is happening to all industries and it's just taken a little longer for the education sphere to experience it.Games
nk1999
23 Oct 2015
Exane BNP Paribas From ADVFN:"Exane BNP Paribas downgraded Pearson to ''neutral' from 'outperform' and cut the price target to 1,000p.The bank said its investment case on Pearson was predicated on three main ideas.It argued that cyclical headwinds, especially in US Higher Education, would abate from 2015 onwards and reckoned the transformation of the group towards digital and emerging markets would further help accelerate top line growth while operating efficiency gains would drive margin expansion."We were wrong," said Exane."We concede that it will take the group much longer to see the benefits of the hoped-for cyclical and structural turnaround. We also believe that capital allocation issues are likely to further put pressure on the shares in the near term. We do not see significant upside in the share in the short - term."
old_punter
23 Oct 2015
Re: For a change I think the thinking was that it could still pay Google or another to offer education on line for free, but I know nothing about this area except that most information is now free and only the niche seem to have much chance of charging for it. FT website is an example of the trend, they keep asking you to subscribe for more but I never feel the need. I used to buy the paper so quite a saving.
