Micro Focus Share Discussion Threads

[ozzmosiz] 07/7/2020 09:28

Dean if debt is your concern then look to amazon with $75b of debtDebt is not a bad thing necessarily

[deanmatlazin] 07/7/2020 09:16

horrendous figures. increasing debt, huge losses etc etc. prepare for no dividend for few years....if this company still survive!!

[volsung] 07/7/2020 09:15

Bought some more at 402p

[montyhedge] 07/7/2020 08:33

M&G must think good recovery share, buying 5.02% couple of days ago. Dig down into figures with Coronavirus good performance.

[sr2day] 07/7/2020 08:29

but more important you did not know the the share price is about to crash.

[montyhedge] 07/7/2020 08:28

Lol, The Grim Reaper I knew would turn up.

[montyhedge] 07/7/2020 08:28

Analyst will like these these figures, free cash flow, positive, EBITDA positive, cash positive. Reducing debt.Wrote off even the kitchen sink.Traders just look headline figure which look horrendous.Looks like cleaning up the balance sheet. But very vulnerable for an opportunist bid from someone to buy this company.I hope not, seeing the world living Coronavirus, good performance.

[sr2day] 07/7/2020 08:23

monty your 650p looks more unlikely,in fact i would say we are looking more at 250p in the not too distant future.at least another £6 billion of impairment to be written off.the only positive is they will not need to renegotiate finan ce until 2024 hopefully.

[ozzmosiz] 07/7/2020 08:12

Some people are forgetting that the Stock price is 25% of what it was a year ago and is currently amidst the worst pandemic of our lifetimes. It's not going to have the same numbers

[montyhedge] 07/7/2020 08:07

They have written down even the kitchen sink, but the two important numbers, Free Cash Flow $305m and EBITDA $ 555m.Cash of $800m, figures has expected.

[ozzmosiz] 07/7/2020 08:00

Watfordhornet, indeed. Considering the climate, I read it as fairly reasonable considering.

[ozzmosiz] 07/7/2020 07:59

See I read this differently.
Not all key points, revenue 2% period on period. The loss due to the impairment charge, that should be a one off.

Cash is strong so bodes well

[watfordhornet] 07/7/2020 07:57

Are they really worse than people expected?I am surprised tbh with the reactions on here - it is as if there is no virus and companies like MCRO would get off lightly.

[pugugly] 07/7/2020 07:31

Bears very much in control - All key points down very significantly- Cannot see any (or minimal) residual value here. A massive value trap (imo)

[gabsterx] 07/7/2020 07:30

Horrendous numbers across the board, even with lowered expectations MCRO seems to consistently be able to deliver a shotgun blast of disappointment to the face. This is one of my investments I see sinking to 0, I will hold till the end as a punishment for not doing my DD and see it as an expensive lesson on what kind of companies NOT to invest in.

hxxps://www.proactiveinvestors.co.uk//rns/details/835396

[montyhedge] 06/7/2020 15:56

Off to the golf range, good luck for tomorrow bulls, I expect 11% revenue decline, no dividend, but a positive forward statement.Thought there would have been a last minute flurry, but bears in control.

[montyhedge] 06/7/2020 14:58

Strange Micro Focus adrs just turned positive in US, at least the yanks like it.

[montyhedge] 06/7/2020 14:50

Nice little bear trap, last hour of trade is when the fund managers come in if they are going to play.Someone knows, 11% revenue down, plus no dividend That's what the bear want.Has long has the going forward statement is good.

[ozzmosiz] 06/7/2020 14:44

Fishing exercise over MMs baited the sellers

[montyhedge] 06/7/2020 13:06

At least Chelsea won 3 - 0 over Watford, sorry hornet.

[watfordhornet] 06/7/2020 12:24

Not good timing - bought a Chunk more this morning!!!

[montyhedge] 06/7/2020 12:17

Has word leaked revenue could be down 8% to 11% no dividend. Although we did not expect one.Like I said shareprice talks.Tomorrow will be fascinating.

[montyhedge] 06/7/2020 11:40

Dow futures look very strong for 2.30pm, never know boys, yanks may come in for Micro Focus.

[orange1] 06/7/2020 11:13

That's more like it! 458, 5, 6 ...

Bought yes. 5% stake, that you don't know.

Random, irrelevant, meaningless.

Talking of looking very silly ....

[montyhedge] 06/7/2020 11:09

Also the most encouraging thing, is of course M&G buying a 5% stake 6 days before figures. Their analyst must of gone over Micro with a fine tooth comb, otherwise they would look very silly.