Sdl Share Discussion Threads

[phillis] 21/8/2008 13:17

If I were leaving like Gordon I would probably sell the lot!

[das9] 21/8/2008 12:27

Nice gesture from the directors...

[phillis] 19/8/2008 08:18

The model marches on!

[das9] 16/8/2008 11:09

Looking cheerful again. Any chartists in the house?

[phillis] 12/8/2008 10:39

Further reduction from AXA
SP has done v well over time given these constant sales

[das9] 05/8/2008 17:36

Phillis: this is a bit disappointing. Counting on you for the next buy note!

[spaceparallax] 05/8/2008 09:39

I didn't know that sauce had such worldwide appeal!

[weatherman] 05/8/2008 07:39

SDL gets deal with HP.

[kenmill] 04/8/2008 13:19

Gramsci
Goodbye - since you never said hello, having not posted on this board. Could you work for a customer and be unhappy about SDL ?

[gramsci] 04/8/2008 11:21

I've sold and I'm gone. It was a fair run, not great, but I believe the bloom is off the globalisation rose for a while now. Growth will slow and I believe they try to milk their current clients for all they are worth, right up to the ouch factor and then you will begin to see atttrition as clients scale back the IT aspect of localisaiton and go back to lower cost cottage industry suppliers; if you look back you will see that this happens every downturn. Bye.

[shuisky] 04/8/2008 11:16

Yep good results. However ~I must confess when i saw the 'board changes' header on the rns this morning I thought Mark Lancaster had finally done something about his dual CEO/Chair roles. Alas, in fact the CFO is leaving. This means that half the operational directors are called Lancaster and the CFO has just left. I cast no aspersions whatsoever (I hold the stock) but I simply dont understand why Lancaster et al dont think that they would have a higher rating if they sorted this out.

[weatherman] 04/8/2008 11:13

The fall seems overdone. Given forecasts the PE is under 15, cheap by comparison with other IT COs with lower growth.

[phillis] 04/8/2008 10:40

Pretty impressive.
The model rolls on

[flyfisher] 04/8/2008 09:55

excellent results, slightly ahead of the trading statement and with good organic growth, has been rewarded with a bit of profit taking. i suppose it was only to be expected given the recent sharp rise in the s/p.

[spaceparallax] 04/8/2008 09:43

Stunning results in these difficult times.

[bodg] 24/7/2008 19:47

Well done Phillis!

[phillis] 24/7/2008 12:13

Gone from #2.80 to #3.70 in less than 2 weeks. Absurd really

EDIT:

make that #3.80

[flyfisher] 23/7/2008 07:55

following the positive trading update, all four covering brokers have now increased their pre-tax forecasts by about 10%, and all have it as a buy.

[phillis] 22/7/2008 18:33

Nice to see some blue eh?

[das9] 21/7/2008 15:48

350?? What's up??

Phillis: thanks for good advice on July 14th!

[phillis] 20/7/2008 08:20

SDL
324p
Questor says Hold

SDL's mission statement sounds rather geeky. Providing "global information management solutions" could cover a multitude of sins, but when you boil it down, the company essentially offers translation technology that helps companies rapidly disseminate information in a host of languages as well as handle multilingual web content.

And, despite failing to translate its own mission statement into English, it does it rather well if this week's trading statement is anything to go by. The company said revenues would be almost 40 per cent ahead of this time year, with two-thirds of the increase down to organic growth alone. That was significantly ahead of analysts' expectations.

The statement affirmed SDL's resilience in these uncertain markets. The economic downturn might slow the shift towards globalisation, but cannot stop it.

An increasing number of companies need ever-growing amounts of information translated into a variety of languages. Thanks to recent acquisitions that have bolstered its position, the group is clearly weathering the storm well and could even pick up market share from rivals. That would add to the reputation the company is now developing for consistently delivering on its promises.

The shares perked up on the statement this week after spending much of the past few months drifting. As a result, they now trade on around 14 times this year's earnings, falling to 12 times those for 2009. Hold.

[flyfisher] 15/7/2008 08:01

buy comment in todays independant, also both panmure gordon and landisbanki have updated their buy notes, landisbanki have upped their forecast for the current year to 22.2p eps.

[zmar90] 15/7/2008 08:00

from today's Independant, reads:

SDL

Our view: Buy

Share price: 298p (+18p)

Many learned economists have spent a long time saying that, despite the pain, the present market "correction" is actually good for the economy. It is also good for the data management company SDL, which sells software to companies looking to spread their electronic content into new markets.

The group yesterday issued a cheery trading update, which said that most analysts' predictions will be blown away, with six-month revenues expected to be up 37 per cent to £75m.

Mark Lancaster, the chairman and chief executive (a dual role that he says the City is not concerned about, and anyway he expects to give up one job within the next two years) says the impressive numbers are down to SDL's customers, which include Dell, HP and Kodak, seeking overseas opportunities as traditional markets start declining: much of SDL's work is to translate electronic content into foreign languages.

All that is fine, but does it not mean that once the credit crunch has passed, SDL becomes an investment also-ran? Not at all, says Mr Lancaster, in good times his clients have more cash to invest.

The group's stock has suffered less than others in recent months, so new investors might feel that they have already missed the boat. However, experts at Kaupthing reckon that with yesterday's news, the group will trade at 13.6 times earnings this year, "which given its track record and improving organic growth, [the shares are] arguably cheap despite nervousness on the environment".

The watchers have a target price of 340p, although investors might expect that to be increased after the update. The stock traded at 350p in May, so at least the initial level should not be too difficult.

Even in the middle of a downturn, there will still be some companies that do well, and Mr Lancaster says SDL has so far not felt the effects of the credit crunch at all. Buy.

[phillis] 14/7/2008 18:27

Well I didn't think you were going to go for one bottle at £500 but a few cases, so keep doing the DNX type deals and you will get there under your own steam

PS
Have reviewed my history with this stock
I sell half my holding above £4 and buy back below £3

[hectorp] 14/7/2008 17:43

Thanks Phillis. I think you've answered me.

PS due to the downturn and GFM price, I've been driven to buy £5.99 wine from Majestic. :- o(
But by some stroke of luck I bought a good line of DNX on Friday for a trade, which promptly put on 135p. So a couple of cases from Majestic from that one!
H.