Rws Share Discussion Threads

[phillis] 30/8/2023 08:57

Have not added up the amount of monies expended to keep the share price the same

[jeffian] 18/8/2023 10:11

You can't buck the market.

[phillis] 17/8/2023 18:29

Time the buybacks yielded some upward move in the sp

[wad collector] 12/7/2023 09:42

A significant acquisition seems to have stirred up the market this morning.
But given that it is at a 7 yr low, there is a lot of stirring needed...

[jeffian] 14/6/2023 09:28

Seeing the RNS about the buyback scheme reminded me of another reason I'm not keen. In companies such as RWS where a significant proportion of the shares are tightly held by directors and/or a few major shareholders (who are unlikely to sell), a buyback programme just decreases the free float, limiting marketability.

[jeffian] 08/6/2023 19:26

Indeed, but it's about 13p/share if distributed to shareholders which would make a nice Special Dividend or return of capital.

That's rather my point. It's real cash, but it will just disappear in a puff of smoke. In a year's time you'll have forgotten about it and have no idea whether it's "added value" to your shares or not.

[wad collector] 08/6/2023 14:32

I think that it is impossible to predict with accuracy what the effect of AI will be on any company , a threat or a help, because it is evolving so fast. The combination of machines doing the hard lifting and humans fine tuning the results may be the current model, but presumably not for long.
Good that RWS appears to be towards the front of the arms race at the moment.

[glavey] 08/6/2023 13:18

All very well to, somewhat frequently, refer to "AI" but in reality isn't that a bit more of a threat than a 'saviour' going forward?

If so, perhaps a share buy-back could turn out to be imprudent or at least premature.

[partridge1948] 08/6/2023 11:17

With RWS having had a narrow escape with Silicon Valley Bank (and given the strong ongoing cash generation) I am happy with these results and the proposed share buy back at these levels. There are encouraging comments about potential bolt on acquisitions, perhaps much smaller than SDL. Been a holder since soon after listing, so maybe my spectacles are rose tinted, but I am still supportive of Andrew Brode's judgement.

[phillis] 08/6/2023 10:49

Agreed Jeff
First buyback ever I think
Frustration with low share price?
Sign that potenial acquisitions are scarce -despite what they say?

[jeffian] 08/6/2023 10:37

Well I'm happy enough with the results but as I've said a zillion times on these boards, I'm not a fan of share buybacks. "should help to plug the leaky share price " In theory, maybe, but tell that to the shareholders of ETI (£8 > 25p) or WTB (£45 > £20). If they've got so much spare cash and don't know what else to do with it, give it back to shareholders either as dividends, return of capital or a scrip issue of additional shares so all benefit equally.

[phillis] 08/6/2023 10:08

Ygor
Why are you editing previous posts?

[ygor705] 08/6/2023 08:58

In the context of of the fall in the share price over the past 18 months I regard these results as very solid. As I have already said in an earlier post, the statement also suggests that AI is perhaps not the threat to the company that some have suggested. Also pleased to see the implementation of a share buy back which should help to plug the leaky share price

[bulltradept] 08/6/2023 07:59

How many times can you say AI in your results lol!

[bulltradept] 08/6/2023 07:58

Not a great set of results..

[phillis] 06/6/2023 19:42

Ygor

The acquisition of SDL set RWS materially on this road
They are ahead of the game

You need to understand the business a little better

[jeffian] 05/6/2023 19:05

I agree but the other side of the coin is that RWS have an excellent reputation of having highly skilled technical translators giving their clients the reassurance that the documents they read in their own languages are correct in every detail. After all, if it was as easy as that, why don't their clients just feed the stuff into Google Translate? (if you've used it, you'll know why!). The trick is getting the balance right between AI and human intervention.

[ygor705] 05/6/2023 18:53

Results out later this week so another bit of jigsaw should fall into place. Interested by the comments here about AI's impact on RWS. To my mind Brode companies tend to be cost cutters "par excellence" and my own experience of using AI to date suggests that it will be a cost cutter's dream. Do not quite see where the potential threat to RWS is going to be on that front - but would be delighted to hear others views.

[value viper] 22/5/2023 10:52

You're right Jeff but same kind of thingAgree about Brode to an extentThe company must be vulnerable

[jeffian] 22/5/2023 10:22

I'm not sure it was "in takeover talks" was it? I think there was an expression of interest from a Private Equity firm which fizzled out without really getting anywhere. Chairman Brode's holding makes a hostile bid very difficult.

[value viper] 21/5/2023 08:41

If it was in takeover talks last year, what now at just 250p per share

[casterd] 20/5/2023 09:09

 I assume that the RWS share price has plummeted as a result of worries that AI may render their product redundant. Even though it can be thought of as a hurdle for the translation industry, automation is the foundation of RWS's approach. The group's unique machine-learning technology is used by the company's large translator pool to do machine translation post-editing (MTPE). MTPE helps RWS boost profitability and take market share by enhancing translation production and efficiency.

Instead of endangering RWS, automation is promoting its long-term growth and resiliency. Thanks to its solid balance sheet, well-covered dividend, and potential for future margin growth, RWS is a dependable income opportunity.

[jeffian] 27/4/2023 17:22

I was wondering whether my additional purchase on 25/4 might be a 'falling knife' but it seems to have stabilised.