Microgen Share Discussion Threads

[essentialinvestor] 23/2/2015 13:41

Added this AM.

[essentialinvestor] 13/2/2015 14:17

speed, only a guess, easy way to increase EPS by reducing the share count
and the CEO has an options package with an EPS element from memory,
think it's been discussed here previously.

Either way I am happy, the cash generation combined with the longer
term potential in big data is being underestimated, all just IMV only.

[speedsgh] 13/2/2015 14:05

EI - What makes you think Tender Offer? They do have a history of paying out Special Divs in recent yrs.

May 2014 - 5.20p special (in addition to full yr div 3.30p)
May 2013 - 5.20p special (in addition to full yr div 3.30p)
Dec 2011 - 5.00p sepcial (in addition to full yr div 3.30p)

[essentialinvestor] 03/2/2015 12:01

At a guess this will be a tender offer for shares, rather than a special
dividend.

I would prefer a reduction in the share count, just my take.

[coincall] 23/1/2015 16:45

£15-£20m / 74.61m shares is 20.1p - 26.8p Looking forward to that!

[cwa1] 23/1/2015 08:04

Trading satisfactorily AND a sizable cash return relative to market cap.:-

23 January 2015

TRADING UPDATE

Microgen plc ('Microgen' or 'the Group') anticipates issuing its preliminary results for the year ended 31 December 2014 in late February 2015. Trading in the final months of the year continued satisfactorily and Microgen anticipates the results to be in line with Board expectations. Both operating businesses made progress on their strategic objectives.

At 31 December 2014, the Group had gross cash of GBP40.9 million and net funds of GBP24.6 million. In addition to the add-on acquisition completed in the Financial Systems business, the Board evaluated numerous potential larger opportunities during 2014. While continuing to evaluate add-on acquisitions, in the current market environment it is not anticipated that attractive larger opportunities to deploy the Group's substantial cash resources will arise in the foreseeable future. As a result, the Board has reviewed the cash requirements of the business and is evaluating the possibility of a material return of cash to shareholders, in the order of GBP15-20 million. Further details will be provided at the time of the preliminary results.

[andy2205] 23/1/2015 08:03

£15-20m return of cash to shareholders announced, nice.

[gucci] 19/8/2014 22:54

Very quiet here and disappointing

[persevere2] 23/3/2014 10:55

Taken from their web site

With Microgen Aptitude, we implemented the new digital media royalty management system 40% ahead of budgeted time and cost.

Do MCGN stand to gain from the introduction of vat on music downloads and the handling of the huge numbers of transactions involved?

I seem to remember that they were involved in setting a standard for "big data" for music etc.

Jim

[share_shark] 11/2/2014 08:39

Yes, I can see gucci. I like very much.

[gucci] 11/2/2014 08:33

hello SS, beautiful chart here now

[share_shark] 10/2/2014 15:45

My hopes too gucci !. :-)

[gucci] 10/2/2014 15:09

hopefully heading for 150 first stop

[gleach23] 05/2/2014 20:34

thanks both...not many on here to bore anyway...another positive!

good volume today - 3rd highest in last 9 months or so I reckon

[gswredland] 05/2/2014 20:23

Thanks gleach ( not boring!) and jake for info

[jakedog2] 05/2/2014 12:40

Not boring me gleach :-)

'Bowl' on the chart forming nicely.

Tried ringing investor relations to get an exact date for results. No joy

[gleach23] 05/2/2014 11:51

don't want to bore everyone with a running commentary on this, but -

now only 1k available to buy online @ 138.38

25k available to sell @ 134.3

looking very good and gaining some momentum now :)

[gleach23] 04/2/2014 12:31

nice stock to be holding in these market conditions...still seems to be a shortage of stock available online...can currently sell 50k @ 133.5 but buy just 10k @ 135.56

[gleach23] 29/1/2014 11:03

yup...a slow and steady rise in share price will do me

[gswredland] 29/1/2014 09:14

Yes at last!

[shauney2] 28/1/2014 15:51

Blimey,its woken up.
A special divi this year?Maybe not after the tender offer.Results around a month away.

[checkers2] 02/1/2014 23:18

As it says in the header of this thread:
This is a steady, well managed company imo and offers decent prospects without the ramping and fizz of some other tech-stocks -a good balancer in a portfolio.

[gucci] 02/1/2014 21:29

good looking chart too

[gswredland] 02/1/2014 17:13

Interesting thanks gleach

[gleach23] 02/1/2014 10:16

Encouraging start to 2014. Not much stock available online....can currently sell 15000 but buy only 1500.