Member Info for jollyspeculator

relax & learn, guys lol

...my zimmer frame trips me up lol gn, RW...always thought provoking & a pleasure...

...

my basic instinct is avoid avoid avoid.. ...but then again I may not be able to resist option value

must be tempting after yr triumphantly timed exit lol

gets going...I have to leave RW, I agree with your "buying into strength" for steady ish profitable companies (GBO, RGS, SAG, DTG etc etc) .....but for the fickle dream driven ones I play more dangerous games (incl av down & spiking) why? because I hold and build the former (and imagine the sellers of the shares being profit takers, quite reasonable...but not confident enough to appreciate the steady re-rating)... ...and, for the latter (the fickle), I am playing against the dreamers lol

..well we may both be wrong...but I agree with yr approach(es) & like yr different approaches.. ....important to experiment and not get too fixed in our ways (or ways of thinking).. ..multi personality lol

sorry for lack of clarity... A trader probably has to use stops... r u a trader here?...if so, yr stop is saying to me: I'm confident this is going to bounce to target, take profit & exit happily...if the sp goes against me, i got it wrong & limit my loss An investor can afford to be more relaxed (and even welcome the opportunity to top up that an sp drop offers)..in that mindset, the stop creates a problem I'm no expert (certainly I'm no trader)...just my thoughts..

if i have a point, it is the use of stops.. I have a lot of sympathy with Tom's relaxed stance (doesn't mind if the sp drops 20p)...and yr stop gets in the way of that

and gatecrash uninvited into yr civil post traffic but for Iodan1, Tom, a drop of 20p would trigger his stop atb Jolly

...earnings in interims will look poor imv.. ...so wait and see time 4 Jolly £3 would probably be a bargain (less than 10* pe)...but how likely to get there?!! lol all opinion only

us

..hope Lancaster healthy..lot resting on his track record..

Mark J Lancaster 680,949 £2,996,176 Christopher Batterham 86,895 £382,338 Chris Batterham 86,895 £382,338 John Mattews 20,000 £88,000 Mandy Gradden 7,500 £33,000

top up soon it appears great...& gulp opinion only!!

goodies later

This will enhance technology revenue growth in 2013 but will reduce profits for 2013, particularly in the first half of the financial year.

i guess on balance...i do... ..i think this investment is probably the way to go & back him to pull it off "we will make significant discretionary marketing, sales and R&D investments of £8 million to £9 million in 2013 to return SDL to strong technology growth." opinion only!!

Operational highlights · Headline revenue growth of 17.6% driven by underlying organic growth and strong Alterian contribution. · Performance across the three segments at constant currency: o Language Services revenue grew by 12.4%, driven by strong sales and marketing execution. o Content Management Technologies revenue declined marginally. o Language Technologies revenue business was flat. · Geographically, headline growth in Asia was particularly strong at 46%, North America was 12%, with Europe (including the UK) increasing by 17%. · Significant new client wins during the year included Barnes & Noble, Husqvarna, KONE, Majestic Wines and Purina. · Net cash of £6.3 million following the £70 million acquisition of Alterian in January 2012. · In addition to the sales and marketing investment announced in November 2012 a further £4 million to £5 million of sales and marketing and R&D will be invested in 2013 to create a more robust platform for future growth. · Final dividend of 6.1 pence per ordinary share, a 5.2% increase over the dividend paid in the previous year reflecting our confidence in the outlook.

Outlook Although the macro economic situation in Europe remains challenging, demand in key northern European economies is expected to remain stable in 2013. Slow recovery in North America is expected to continue at the macro-economic level, and the prospects in developing and emerging markets in Asia and South America are strong. We remain confident in our outlook for sales in 2013 and we will make significant discretionary marketing, sales and R&D investments of £8 million to £9 million in 2013 to return SDL to strong technology growth. This will enhance technology revenue growth in 2013 but will reduce profits for 2013, particularly in the first half of the financial year. These investments will take SDL to a new level, creating a solid platform to deliver significant sustained revenue growth and profitability to 2014 and beyond. SDL remains well positioned for growth and stability selling into multiple geographies and across a variety of sectors. SDL has increased its presence in Asia and North America in 2013, partly due to the addition of Alterian and partly due to organic investment. We enter 2013 with a compelling set of products and solutions and a great vision that has proven delivery over the years. Our pipeline is strong and gives us confidence through 2013 and beyond. The Board remains confident in the Group's strategy and execution capability. The balance sheet is strong, enabling both organic and acquisition growth opportunities to be pursued as they are identified. As we look forward, the Board is confident in the Group's growth prospects and long term potential to deliver future profitable growth and shareholder returns.