Micro Focus Share Discussion Threads

[garycook] 15/2/2023 09:35

ii paid out yesterday. Contact HL and tell them about ii paying out !

[packman8] 15/2/2023 08:21

Anybody received their payout yet. Called H/L yesterday after no sign of payment.

[hyden] 30/1/2023 21:57

Per the published timetable, you should get your money within the next two weeks.

[deadly] 30/1/2023 20:50

When will this be sold?

[ali47fish] 23/12/2022 07:38

sheer robbery new timtable for wind down

[philms] 05/11/2022 21:11

No point in paying dividends between now and completion as it just comes of the consideration of the deal.

From the 26 August announcement
"4. If any dividend, other distribution or return of capital is announced, declared, made, payable or paid in respect of Micro Focus Shares on or after the date of this Announcement and before the Effective Date, OpenText reserves the right to reduce the consideration payable in respect of each Micro Focus Share by the amount of all or part of any such dividend, other distribution or return of capital, in which case any reference in this Announcement to the consideration payable under the terms of the Acquisition will be deemed to be a reference to the consideration as so reduced. If OpenText exercises this right or makes such a reduction in respect of a dividend, other distribution or return of capital, Micro Focus Shareholders will be entitled to receive and retain that dividend, other distribution or return of capital. Any exercise by OpenText of its rights referred to in this paragraph 4 shall be the subject of an announcement and, for the avoidance of doubt, shall not be regarded as constituting any revision or variation of the Acquisition."

[watfordhornet] 14/10/2022 16:45

Anyone know whether MCRO will still pay dividends before the sale goes through?

[prokartace] 04/10/2022 13:27

Blackhorse you are a prize Nag. In addition to your great div you have an incredibly huge capital loss.

[planit2] 03/10/2022 12:39

Post 5790

It's funny, Monty gave me a headache but I never filtered him as one in ten of his posts were good. :D

The share price was 750p so perhaps not so Nostradamus

[odillon] 26/9/2022 21:04

A contributor called Montyhedge said on this site on 6 Feb 2020

"Surely this is attractive to a bidder, come on Open Text get that cheque book out. It's a perfect fit"

Is he Nostradamus in disguise?

[odillon] 26/9/2022 13:46

As we stand if I had held MCRO longer I would be better off. I plumped for what I saw as bargains and the one I put most into is now even more of a bargain.

Sometimes standing still is the best policy.

btw all the best for the Hornets with the new manager

[watfordhornet] 26/9/2022 13:39

I am holding but tempted to sale. Nothing is 100% and could fall throughThe extra 3% I may get does not really seem worth the additional risk tbh

[odillon] 26/9/2022 13:21

I took the money and ran but I am still on the MCRO mailing list and if the deal doesn't go through then that was a lot of paperwork to no avail. To those still holding I hope you get at least the extra money from the existing deal - of course there is still the possibility of a higher offer so you may get very lucky.

[packman8] 26/9/2022 09:35

With the £ dropping should the directors not be looking at a higher offer?

[smurfy2001] 21/9/2022 11:30

Just got a vote.

IMHO vote against anything you get in your voting inbox. This deal is not good value for share holders.

[ozzmosiz] 21/9/2022 11:17

Last day for div day tomorrow for GKP

[d1nga] 20/9/2022 08:52

Wgaf you moron

[blackhorse23] 20/9/2022 08:39

Received lovely dividend today from CURY

[blackhorse23] 14/9/2022 23:24

https://www.google.com/amp/s/capital.com/amp/cury-currys-share-price-double

[highlands] 12/9/2022 15:32

Decided to sell my holdings today to invest elsewhere.

[fuji99] 07/9/2022 15:28

I never believed one day this debt ridden company making a loss would be taken over while the likes of Computacenter [CCC] making a decent profit and paying a solid dividend with almost no debt and a turnover of 6.7 B is missed. Amazing ! What is really attractive in MCRO is a mystery.

[highlands] 01/9/2022 14:29

And down again today!