Sdl Share Discussion Threads

[wjccghcc] 05/9/2007 08:50

Landesbanki raise forecasts by 15% to 16.4p for the year ending december and 18.2p for 2008. Puts them on a fwd PE of just over 20 which should be beaten come December.

[cr4zyness] 05/9/2007 08:04

Im out guys, might have a sniff at £3.60 if it holds. good luck ;)

[wjccghcc] 04/9/2007 21:03

Lancaster selling a chunk. Not really a concern - he's done it several times before whenever the results have been released. Share price has gone up 100% since his last sale.

[angler] 04/9/2007 20:50

This is due a substantial boost: Who cares what the independant muppet thinks! This is a 700p company within 2 years

03.09.07 :-7.25, (389) slightly higher in late morning deals after the group posted a doubling in pretax profit for the first half, leading Investec to upgrade its stance to 'buy' from 'hold'. Earlier today, SDL said pretax profit in the six months to end-June increased to 7.2m, from 3.6m a year earlier, on a 20% rise in revenues to 54.48m. The group added that it is confident about the full year, as the first-half results were ahead of market expectations. In reaction, Investec upgraded its recommendation to 'buy' and lifted its target price to 447 pence from 414 pence, noting that the results were slightly ahead of the performance suggested by the recent trading update. The broker upped its full-year 2007 forecasts by fractionally over 1m at the EBITA level, with adjusted pretax profit forecasts rising from 14.7m to 15.9m, and EPS from 14.7 pence to 16.0 pence. Investec said it continues to see SDL as a high-quality, relatively low-risk play, adding that with the possibility of further upgrades and outperformance in 2007, it has chosen to upgrade the stock. Meanwhile, Piper Jaffray retained its 'outperform' stance on SDL with a 431.5 pence target price as the broker said that while the results are ahead of expectations, the outlook into the second half is slightly weaker than expected. The broker added that forecast momentum is now dependent on second half expectations from Tridion, although Piper noted that the the longer-term outlook appears to remain robust. And Kaupthing placed its rating and target price under review, but said pretax profit forecasts are likely to move 8-10% higher, though full-year consensus revenue estimates are likely to remain unchanged.

[cr4zyness] 04/9/2007 14:25

SDL is more than just a software group – it employs an army of freelance translators, and provides a fully integrated translation service through 50 offices in 30 countries. The shares still look decent value on 22.1 times forecast 2008 full- year earnings with the prospect of more upgrades. Risky buy says the Independent.

[cr4zyness] 03/9/2007 19:55

Tridion to be Re-named SDL Tridion

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Tridion Changes Name to SDL Tridion

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Amsterdam, 3rd September 2007 - Tridion, a leading global provider of Web Content Management (WCM) software solutions, announced today that as a division of SDL International, the leading provider of Global Information Management (GIM), it will be re-branded SDL Tridion.

The re-branding reflects the strong combination that was created by SDL plc's acquisition of Tridion on 18th May 2007. As a division of the SDL group, SDL Tridion will deliver the industry's most comprehensive Global Web Content Management solution for communicating with multiple target audiences on a global basis.

SDL Tridion CEO Pieter Varkevisser comments; "Our new brand emphasises our joint vision and our strong belief in the additional opportunities that the combination with the SDL group provides."

The theme of the new brand is "Communication that connects" expressing SDL Tridion's vision that connecting in a consistent way to the right people in the right language and through the right channel allows organisations all over the world to make a difference.

The name and brand change will be effective immediately. Please note that as of 3rd September all email extensions will change to @sdltridion.com. Our corporate Web site address will change to www.sdltridion.com.

More information on the acquisition of Tridion by SDL can be found in the press release of 24th April on www.sdltridion.com

For more information please contact:
Annelore van der Lint
Marketing Director SDL Tridion
T [phone] or [e-mail]

About SDL Tridion

SDL Tridion is a global leader in Web Content Management (WCM) solutions. Our enterprise class WCM solution enables organisations to deliver a consistent, interactive and highly targeted customer experience, in multiple languages, across multiple Web sites and channels.

In addition to content creation, management, translation, delivery and archiving solutions, SDL Tridion provides brand management, targeted communication, multi-channel delivery and visitor interaction capabilities.

More than 430 organisations rely on SDL Tridion solutions, including well-known global brands such as ABN AMRO, BBVA, Canon, Emirates, KLM, Lexus, Renault, Ricoh, Sanofi-Aventis, Scania, Toyota, Unilever and Yamaha. SDL Tridion has offices and partners throughout North America, Europe and Asia. For more information about SDL Tridion, please visit www.sdltridion.com

SDL Tridion is a division of SDL, the leader in global information management (GIM) solutions. For more information about SDL, please visit www.sdl.com

[wjccghcc] 03/9/2007 16:22

I prefer it this way round than being too optimistic and missing!

[woracle] 03/9/2007 16:16

Lancaster does it on purpose so that they can issue the normal "significantly exceed expectations" trading update around December. I think that signals management think they can do 18.5 for current year...

[wjccghcc] 03/9/2007 16:10

There you go. Investec upgrade from 14.7p to 16p for the current year and keep next year at 17.9p. A bit mean if you ask me but SDL have got into the habit of managing expectations so that they beat so I reckon there's a good chance of 17-18p with the strong pipeline for content management. The H1 boost in service revenues was from the launch of Vista which won't be repeated in H2.

[cr4zyness] 03/9/2007 13:21

* Landsbanki reiterates buy Acambis and says buy Independent Media Distribution, Intertek, Robert Walters, Vernalis, SDL (455p target) and Weir (raising the target to 880p target).

[wjccghcc] 03/9/2007 11:39

What's impressive is that H1 last year benefited from 420k FX hedging profit whereas this year it was only 72k. H2 last year had an even bigger FX hedging gain of 832k which obviously won't be repeated this year, perhaps hiding the H2 seasonality in the services business. I also think H1 has benefitted from the Tridion end of quarter license fee payments without much EPS dilution given the acquisition only completed mid-May so perhaps H2 EPS will be a bit lower than H1. Also, SDL like to beat forecasts so I expect the brokers upgrades will be steered conservatively.

[flyfisher] 03/9/2007 11:21

from the citywire website, landsbanki have updated their forecasts, would anyone have access to their coverage ?

[wjccghcc] 03/9/2007 08:49

Agreed. H1 EPS of 10p makes FY forecast of 14.8p seem way out.

They say that project seasonality + the weak $ will make H2 translation service revenues slightly lower than H1 but the strong growth in technology revenues combined with the full year contribution of Tridion (which seems like an excellent acquisition) should continue to push EPS ahead. I'd be surprised to see less than 19-20p for the full year which puts them on a current year PE of 20 for what is now clearly the global leader in their sector and with all the Tridion cross-selling benefits still to come.

I don't think the market quite believes the progress here (very few brokers follow them) - perhaps they will when microsoft takes them out at a substantial premium :-)

It's one of my biggest holdings and happy to hold.

[flyfisher] 03/9/2007 08:25

brokers forecasts of around 14.7m for this year seem to be a little dated, i would expect a couple of upgrades in due course.

[charterhouse3] 03/9/2007 08:16

Very fine interim results.

The prospects are looking very good too.

CH3

[cr4zyness] 09/8/2007 10:02

12345th,

You were ripped off!! lol

[12345th] 09/8/2007 09:50

Well I managed to pick up a few this morning at £2.83!!! The share price touched that figure for 0.00347 seconds but I was really quick!!!

[flyfisher] 09/8/2007 09:29

woracle, you are not alone, i also tried to buy, several times, at about 8.10 to 8 15, online , without success.

[wjccghcc] 09/8/2007 08:42

Got some at 364p having sold at 411p yesterday. There seems to be a raft of program sell trades hitting several mid-sized companies this am.

[cr4zyness] 09/8/2007 08:35

Woracle,

CFD was there for the taking, I was rather lucky on that one for once ;) Prices were dropped to hit the stops I suspect

[woracle] 09/8/2007 08:32

It was impossible to buy any amount online at those price and by the time you get on the blower, its gone. Its all caused by these BOT AT trades and I've never managed to buy when this sort of thing happens in seconds. Not sure whats its all about really !

[cr4zyness] 09/8/2007 08:22

Bargain @ £3.60 nice ;)

[phillis] 08/8/2007 10:47

Looking ahead to full year results
Like the Co , sold at 430 and bought a few back at 374