Rws Share Discussion Threads

[redartbmud] 12/12/2023 17:37

jeff

Yes, AI alternatives. They are moving on a pace.
Not sure that they are an alternative yet, but maybe they can already produce some of the simpler translations effectively and efficiently.
Will it happen at some point soon?

red

[jeffian] 12/12/2023 16:56

I suspect he is thinking of AI alternatives like ChatGPT but, if so, I doubt (at least on the performance of chatbots so far) clients would risk leaving such sensitive things as patent and technical paper translations to a machine.

[phillis] 12/12/2023 16:40

So Red
Educate me
What is the tech innovation?

[bulltradept] 12/12/2023 16:32

Yes, of course that I meant, well done you.

[orange1] 12/12/2023 15:35

>bulltradept

I see - so your wonderful business plan for RWS is for them to only employ UK based translators.

Brilliant! Do drop them a line.

[redartbmud] 12/12/2023 14:30

Ic

I do believe that they have overpaid for SDL.
Maybe when they opened the tin, the contents weren't quite what they expected on the inside.

Phillis

Not only the economy I fear.
Technological innovation and a different type of competition?

red

[phillis] 12/12/2023 12:49

Have been a holder from the v early days

Seems like economy has finally caught up with the business

[bulltradept] 12/12/2023 12:40

You not a fan of freedom of speech are you?

It's an observation on the amount of johnny foreigners currently here and why RWS might be wasting their time. Do keep up with the news won't you.

[bulltradept] 12/12/2023 11:50

Hang on long enough there will be more Africans here than in Africa.

[1c3479z] 12/12/2023 11:40

a big writedown, was this a realisation that they may have overpaid for SDL?
still generating plenty of cash, not convinced by their trumpeting of Africa expansion

[keyno] 25/11/2023 15:46

Thanks for your opinion, Toffeeman.

[toffeeman] 25/11/2023 15:22

No chance Brode needs AIM listing to avoid IHT

[keyno] 25/11/2023 12:28

Any chance of t/o here? Clutching at straws, I know but .....

[phillis] 15/11/2023 08:43

That’s better

[phillis] 08/11/2023 14:49

operating cash flow

2018 £44m
2022 £128m

[phillis] 08/11/2023 12:03

A lotto
A pretty naive analysis

The purchase of SDL brought a huge increase in revenue but also involved the issue of a lot of shares, which has weighed heavily on the sp
The big difference between adjusted and actual is amortisation of goodwill which has no effect on cash
This increased substantially with the purchase od SDL

[alotto] 08/11/2023 06:01

Disco, I read some of your comments, thanks for your inputs here
I am realising how much the stock was overpriced in the past years, I would define the drop a healthy correction
The challenge for me is to understand future earning to estimate a fair price
I hope nothing is brewing in the background
A warning about a challenging market can escalate quite quickly.

[alotto] 08/11/2023 05:54

There is a massive spike in turnover (+50%) in 2022 and 2023 compared to 2020 and previous years, which is reflected in profits and dividend payout, whereas the share price has declined significantly in the same period (70% down).

The market clearly is not buying into RWS investment case, as shares were previously exchanged at a significant premium price tag compared to today.

What has changed investor's sentiment? 1. Is revenue growth going to continue on the from current levels (despite the short term challenging market, as recently announced by the company) or growth should be considered from 2020 levels? Was there any exceptional income items in 2021 and 2022 that have inflated revenue and earnings?

Why adjusted earnings are almost 50% higher than non-adjusted? I assume that the adjusted earnings have the cost of acquisitions added back.

With acquisition comes the challenge of integrating operations and optimising costs. Organic growth is often a sign of healthier growth as opposed to acquisitions.

To consider is the higher interest rate environment. RWS doesn't seem to have a significant cost of financing, however any return should be considered interest-discounted going forward.
Is this sufficient to explain the share price decline?

[disc0dave46] 06/11/2023 11:11

True, 39m shares by AGM 2025 I believe. In two annual tranches adding say +5% eps pa, not bad.

[phillis] 03/11/2023 17:21

this is where buybacks might help

[disc0dave46] 25/10/2023 20:30

Sp back to 2016 levels when profits were about 4x less even allowing for share dilution since then.Drop seems overdone, H1 forecast compared to todays (at the lower end of the ranges) is only down about 9%. Was expecting about that sort of drop, not double.

[phillis] 25/10/2023 12:44

not any more
sold at $455

[bulltradept] 25/10/2023 12:17

It did for Nivida! LOL.

[phillis] 25/10/2023 12:08

Repeating the phrase AI does not make for a rise in the sp