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v strong in weak market i guess this supports my earlier views re your possible stop loss!!
top up Shame, but less risky
up and away? I might buy more on retracing back to £5
The Chief Executive Officer (CEO) of translation and communications software group SDL is leaving the company with immediate effect to "pursue other business interests". John Hunter, only stepped up from being Chief Financial Officer in February 2011. Mark Lancaster, currently Chairman of SDL will assume the role of CEO, while the company looks for a replacement. His sudden departure follows a disappointing third quarter trading update on October 15th, which showed that the slowdown in technology revenue growth continued into the third quarter. At the time, it led Investec to reducing its 2012 and 2013 pre-tax profit forecasts by 4% and 5%, respectively. Consensus estimates for the current year, ending December 31st are for pre-tax profits of £40.26m on turnover of £268.2m.
SDL: Panmure Gordon raises target from 599p to 617p, buy rating kept.
Good blue day today - the market obviously liked the CEO departure RNS. Some chunky buys reported late - including one of the big ones that's listed as a sell by the looks of it.
was a sale, wasn't it, Eco?
Better day today - closed blue. Hopefully onward and upwards next week.
= angst. Yes, see your point, Eco. I take money off the table for many share when the sp falls, but not sure SDL is one of those - given decent multiples, management and market... Time will tell
You may be right - next support is at around 500 and below that at 487 so actually 499 and 486 may be better? I'm trying to be more disciplined about taking losses before they spiral - but it's annoying when, as with PFD, they start to pick up not long after your stop loss has kicked in ...
I don't want to kill this conversation - and sorry to barge in on touchy subject (your investing/trading strategy) - but, for a solid, well managed company in a decent market segment like SDL (DYOR etc etc), would a stop loss at 4.90, say, be the best approach? (Of course, it well may be an inspired approach! But at least I am being oddly honest since I am talking against my own interests here. That is because I would benefit as a buyer near 4.50 if loads of stop losses were triggered!)
Well I've already warmed - I am in at 530s! Very big 530K late reported buy from yesterday, but then again also a big sell near the end today. Newton are clearly loading up. Is this basically an II transfer going on with price unlikely to settle until it's done? If it goes below 500 I'll cut my losses but hoping it won't get to that ...
Warming to SDL...and would load up at 4.50 or so (assuming ceteris paribus/no bad news)
Like Friday, some big buys today, with obviously quite a few sells but lots of small PI ones by the looks of it (maybe ones who have followed Naked Trader into this - who seems to have bought at a fair bit higher than today's price). So to me, the smart money thinks this is turning soon. Break of 540 support was key and seems to have led to the further drop. Hopefully petering out now and then back up. Next support at 525 then 520. I personally reckon it will settle around 530 and then move up, but who knows.
and in the IMS didn't they say these were still growing? Ah, well....may average down near £4.50
SDL: Citigroup initiates coverage with neutral rating and 610p target.
Early days, but promising start to week...
Strange market (?over-)reaction to IMS. EV/Sales or EBIT or p/e make SDL look decent value, esp compared to NASDAQ stocks (yes, we have heard that one before..) DYOR, but shouldn't a solid citizen like SDL be given the benefit of the doubt.
SDL: Goldman Sachs cuts target from 915p to 820p, buy rating kept.
SDL: Panmure Gordon upgrades from hold to buy, target cut from 667p to 599p.
Investec has downgraded its rating for information management group SDL from 'buy' to 'hold' after Monday's trading update showed that the slowdown in technology revenue growth continued into the third quarter.
Goldman Sachs initiates buy on SDL, target price 915p.
However, the company said the uncertainty of the global macro-economic outlook has created "a degree of caution" in some of the markets it operates in.
Mandy Gradden, a non-executive director of SDL, the FTSE 250 information management firm, bought up 7,500 shares on Thursday, just over a week after the company unveiled a 20 per cent leap in first-half revenues. Gradden's purchase, in which she bought the shares at 658p each for a total of £49,350, marks her only holding in the group. Earlier this month, SDL reported revenues of £133.6m, with over the half the gain due to its purchase of marketing firm Alterian. Pre-tax profits were up 4% to £16.4m with earnings per ordinary share rising 2% to 15.63p.
coverage Information management company SDL (SDL) reported first half pre-tax profit growth of 4% to 16.4 million pounds, on revenue growth of 20% to 133.6 million pounds. Sales growth was driven by the acquisition of marketing analytics firm Alterian, which generated revenues of 16 million pounds during the six months ended 30th June. However, the business warned that its European customers remained cautious due to the continued Eurozone crisis. The shares gained 10p to 667p.