Sage Group (The) - Re: SGE Stream Log - "A blog post by Sage...

"A blog post by Sage CEO Stephen Kelly in the wake of the Brexit vote reminds us of Rudyard Kipling’s poem ‘If’. Mr Kelly (himself of the stoic Best of British school) urges his key constituency, the UK entrepreneurs to in effect Keep Calm and Carry On. This is a necessary message in these times, when the body politic seem headless, and many CEOs are ‘doing an ostrich’. Tech’s wider stakeholder community (users, employees, supply chain partners and investors) need a guiding hand to give them (us!) some fixed compass point in these uncertain times and to encourage us to think that “Ours is the Earth and everything that's in it”. Hat tip Mr Kelly. We expect Sage to update guidance at the forthcoming Q3 update (for us: Sage wins on translation from the US dollar and better execution there, flags up new economic uncertainties in the UK and euro area) but all in it should set a reassuring tone." Panmure note out today on research tree