vwboy, why could SDL be in trouble. CAPEX too large. In Africa traditionally high risk continent. Things change rapidly in Geopolitics no one could conceive of fall of Berlin wall in 1985. If Baby Boomers retiring in West stalls out Western economies for prolonged period of time. Many 3rd world countries could rapidly de-stabilise less foreign aid military support etc. Given the rapid changes that can occur, risk remains of nationalisation, even if very low risk, if you are stumping up billions you will steer clear. Downtrend indicates they are having trouble obtaining deal re funding, must be a few knock backs. If things were going well behind closed doors, leaks and insider buying would be pushing share price into uptrend. SDL is massively under-performing market as a whole. This is a major worry to holders, and bad news from left field often gets released when a stock is in a downtrend. Note my disclosure position is short and continuing to hold short position, until trend changes.
SDL Price at posting:
36.5¢ Sentiment: Sell Disclosure: Held
