Report rating 4/10 Disappointing to say the leastKept on talking...

Report rating 4/10 Disappointing to say the least

Kept on talking about news that have been released (none any significant except for JORC)


Cons
No Immediate targets
Missing all the dateline that been set last year.
No indication of partners courting or sign up
Burnt 14Millions in last financial year, at that rate SDL will be asking for more money in 6 months time.. Meaning more capital rising (not that I am surprise) but seem to be year exercise.
Management getting fat cheque non the less

Pros
Submitting port proposal (supposedly NOW!) I will believe it when I see the monkey dance... not too hopeful if you follows all the late promises
more tonnage, Yes very assuring for long term but immediately Many!! SDL share holders don't give a damn
THE ONLY bright news I can see is a paragraph from Don Lewis

"I am confident that the quality of our assets, management and
execution strategy will be reflected in growing shareholder value
in 2010. Our team is focused on this outcome and we look
forward to the coming year with enthusiasm."

suggesting the share price will appreciate in 2010...

BUT then again if not UP ...where else the share price will go???

there for 4/10.... again Disappointing!!!!!!!!.....