i recently did an assignment for university on SDL in relation to international Business and key findings were that SDL and any company in fact is that Cameroon is one of the most difficult countries to business in, in the world.
this is a plus for the effort SDL who has worked through (first Mover) to bust through the issues. Why SDL and not others?? perhaps it is luck and timing. It is noticable that Cameroon and other CEMAC members of western africa no longer have any further credit rating with the WTO. the arragement for any more WTO funds is that the countries must improve their HDI (human development index) which is more generally led by employment and foreign direct investment. The Governmetns must also ensure Capital Flight and the resource curse does not become an issue also hence good fiscal economics and politic policy are needed to come into play. These countries need companies like SDL.
all good things come to those who wait and remember that in economics we all face trade offs. My trade off it i will wait while SDL busts the barriers all the way to CASH LAND.
holding shares in the long term will always be the gain - just imagine in 5 years time if the bundle of shares you bought for 15-20 cents each was paying a dividend of 5 cents.....
Summary - hang in there and let the business do its thing. that is commence th opearation and the let it grow. growth if the future value and when you can reap what you have sown. a view less than a year is silly and greedy so sell up to build a better support line
SDL Price at posting:
36.0¢ Sentiment: Hold Disclosure: Not Held
