Sdl Share Discussion Threads

[cambium] 03/9/2010 15:04

agreed see what happens now

[phillis] 03/9/2010 15:01

When the CEO sell more than 50% of his holding small shareholders should do the obvious

Time to take some off the table

[cambium] 03/9/2010 13:37

looks like she sold at the top too, yippeee

[cambium] 02/9/2010 08:17

I have just spent time showing my daughter the ropes, she decided to buy in here last week and has made the princeley sum of £33.12. I am very proud of her.

long may she continue to earn.

[essentialinvestor] 19/7/2010 21:18

Jon

The BB's with the fewest posts often have the highest quality companies,
its something I have remarked on over the years.

SDL is a quality company and clear Market leader which I like.

KFX(Kofax) and SDL are the pick of the Sector imv.

Both have market leadership and great management.

[jon l] 16/7/2010 01:02

A well managed business niche that benefits from the growing distrust of Google knowing where you are, what you read, what you write. A share to tuck away. To my way of reading tealeaves the important technical breakout happened back in October - you have to look at a multi-year chart, see my posts 1313 and 1317.

As you say, a dead thread. Only 45 posts since then while the price has put on a useful 40%.

[bbluesky] 15/7/2010 18:43

Sensational news. Check out the numbers in the RNS of the size of the market. Language Weave is a perfect buy, small, loss making, high quality, needing a Big Brother. Think of your use of the Internet compared to 5 years ago. Accurate translation for this global beast and ownership/professional control of the content unlike Google is a Corporate must (somebody somewhere is looking to sue you). Future FTSE 100 stock. Dead thread, technical breakout. DYOR. Enjoy or whatever it is in 50+ languages!

[trendfloor] 17/5/2010 11:46

Hoping for a bounce here now as the share price is on the very floor and support of the uptrend channel. Should See TAers coming into Buy.

Broker projections are very bullish......

Date Broker name New Price Old price target New price target Broker change

07-May-10 Panmure Gordon Buy 435.00p 512.00p - Reiteration

01-Mar-10 Canaccord Adams Buy 463.00p 560.00p - Reiteration

A 512p and a 560p share price target.

[trendfloor] 16/5/2010 20:36

Brokers concensus figures for forward P/E is a very cheap 13.9 for a World leading tech stock.

Far too cheap.

SDL PLC

FORECASTS 2010 2011
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
14-05-10 BUY 31.80 29.90 4.00 34.80 32.20 5.00

Investec Securities
13-05-10 BUY 32.69 29.91 4.00 36.19 33.11 4.50

KBC Peel Hunt Ltd
12-05-10 HOLD 32.00 30.09 4.00 35.58 33.45 5.00

Singer Capital Markets Ltd
10-05-10 CORP 32.30 30.00 4.00 35.60 32.60 4.20

Altium Securities
31-03-10 BUY 33.80 31.60 5.00 38.20 35.80 5.60

Fairfax IS
04-03-10 BUY 32.70 31.80 4.00 34.80 33.80 4.30

Canaccord Adams [R]
22-01-10 BUY 32.50 30.70 36.70 34.60

Execution Noble [R]
19-01-10 NEUT 31.70 29.50 35.10 32.70

2010 2011
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 32.41 29.98 4.00 35.42 33.22 4.72
1 Month Change -0.01 0.01 0.00 0.01 -0.02 -0.11
3 Month Change -0.06 0.04 4.00 -1.21 -0.59 4.72


GROWTH
2009 (A) 2010 (E) 2011 (E)

Norm. EPS 21.55% 31.55% 10.81%
DPS % % 18.00%

INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)

EBITDA £31.37m £34.41m £37.99m

EBIT £23.58m £25.78m £28.45m

Dividend Yield % 0.86% 1.02%

Dividend Cover x 7.50x 7.04x

PER 20.36x 15.48x 13.97x

PEG 0.94f 0.49f 1.29f

Net Asset Value PS 43.60p p p

[trendfloor] 14/5/2010 08:08

Good to see two new Broker notes out yesterday backing this stock with BUY recommendations.

Rather cheap given historical P/Es going forward and should be plenty of upside.............

SDL PLC

FORECASTS 2010 2011
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
13-05-10 BUY 31.80 29.90 4.00 34.80 32.20 5.00

Investec Securities
13-05-10 BUY 32.69 29.91 4.00 36.19 33.11 4.50

[trendfloor] 13/5/2010 17:34

SDL worth giving this the once over. Lower indicators showing positive with MACD crossing over the signal line (advfn data a lttle slow) and a bullish trend channel in place.

Seems to be quite a bit of Broker backing aswell. Hoping for a trading share price target of 535p.

[volsung] 22/3/2010 17:13

Bought a few

[phillis] 12/3/2010 14:40

Mr T
I don't think you understand the market.
Those customers that utilise SDL's translation technology (only a part of the business these days) require absolute precision in translation.

Google will never come anywhere near this kind of requirement and is therefore irrelevant

[mrtakcheung] 11/3/2010 17:08

"active cross leveraging... financial stability... pursue acquisitions" - to me these indicate a market leader saturating a mature market. One looking for ways to squeeze more from its existing customers because there aren't any new ones about (it's already got 'em all). c.f. VOD, a cash cow yes, growth stock er, no. Instead of paying divs then, maybe SDL can splash out on overseas acquisitions to grow? If it does I know which side of the acqn I'd rather be invested in.

[biggerbil] 10/3/2010 22:00

I didn't imply anything, just pointing out that SDL offer a free translation service already and still makes good, rising profits. Google is always a threat but it is the free translation service that competes with google translate, not the big revenue generators.

Re.growth... to quote from final results:

"We saw significant improvement in our pipeline in the latter part of 2009 both in our Language Services and Technologies businesses."

...

"We ended the year with GBP46.2 million of cash and no external
debt which gives us considerable flexibility and security to pursue acquisitions and future growth opportunities."

...

"Outlook and current trading

Our business has demonstrated considerable resilience to the global economy in
2009 and despite seeing continued fragility in some sections of the economy we
have seen stabilization and subsequently some recovery in activity levels and
demand.

We believe the business is well positioned for future growth. We are very
pleased with the results of active cross leveraging of our business units as we
see an increased demand from clients adopting multiple SDL solutions. Our net
cash position of GBP46.2 million positions us well and gives considerable
financial stability and flexibility."

We are confident in our growth prospects and with our strategy, vision and
committed leadership team, we believe the business continues to offer an
excellent opportunity for long term value creation and profitable growth.

[mrtakcheung] 10/3/2010 21:10

BigGerbil implies that the Google 'threat' is already factored in the share price Is it?

Yes, there will always be a core market for human translation. A mature market is not a growth market, however. Someone tell me, where can SDL grow?

Technology is replacing people whether we like it or not (darn voice recognition). Companies can't charge for data which is being given away for free elsewhere (news, mp3). I can only see downside, sorry.

[tcook] 10/3/2010 02:26

Thanks BigG
Very useful.
If SDL offer this service free, how are they going to make any money?

[biggerbil] 09/3/2010 22:07

Yes, free, much like SDL's , no?

[mrtakcheung] 09/3/2010 18:30

Anybody use Google Translate? 50 languages, translates text, webpages and documents instantly and it's 100% FREE. If Google doesn't make companies like SDL redundant (c.f. Google Maps' threat to TomTom/Garmin), it's at the very least massive pressure on future margins. Take profits.

[phillis] 07/3/2010 17:01

?
What use is this
They have already said they will pay a divi in respect of 2010

[wilmdav] 07/3/2010 14:52

Better late than never.(Ed: comment refers to late updating of web site linked below)

[phillis] 06/3/2010 16:00

This has been a great investment but with an increase in cash balances of 15m to 46m why do we have to wait until next year for a dividend?
Sales decline in constant currency shows how much harder it is to grow this more diversified business.

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