Micro Focus Share Discussion Threads

[billwave] 15/7/2020 09:40

Agreed that a bottom appears to be found, or is certainly close. The share price action has definitely changed toward the positive and as suggested the short sellers appear to be supplying big into any signs of a move North. Unfortunately they have a huge hand to play with so unsure how long this could continue before they change their game strategy and let it run. Meanwhile they throw profits into it so it won't last forever. Hold tight.

[sr2day] 15/7/2020 09:36

monty,you are losing it.chill.

[montyhedge] 15/7/2020 09:31

His does not short his a troll.

[sr2day] 15/7/2020 09:13

definitely not spiking.

[pikemanspike] 15/7/2020 09:01

Sliding are we? Maybe you're looking at the wrong chart. Good luck with your short.

[montyhedge] 15/7/2020 08:47

It's like a coiled spring being held down by the bears, selling into any kind of attempted rally, they can't keep it down forever. 350p next level once it goes.

[sr2day] 15/7/2020 08:39

we are sliding to under 300p.don,t day trade as monty advocates.you risk losing big.

[montyhedge] 15/7/2020 08:08

It does seem any attempt of a rise, shorting hedge funds increasing their bet, trying to keep a lid on shareprice.Going by the latest on the Shortracker site.

[montyhedge] 15/7/2020 07:20

The three shorting hedge funds, increased their bets.3.48% short.https://shorttracker.co.uk/company/GB00BJ1F4N75/But Causeway Capital bought 4.88% let's hope the long hedgies win in the end.The bounce when it comes will be fast and a good gain.

[ozzmosiz] 15/7/2020 07:07

Jeez how many logins does this troll have?

[hotaimstocks] 14/7/2020 21:26

is it worth buying at 300p ? maybe wait for 280p folks.

[gerardp] 14/7/2020 21:01

Unlikely, when they can load up with free shares via the LTIP.

[watfordhornet] 14/7/2020 20:34

Some more chunky director buys from own salary would be good

[montyhedge] 14/7/2020 18:39

Just back from golf, not a lot happening here I see. Barclays recommendation targte 420p and the hedge fund buying 4.88% stake, not made any difference to the shareprice, need a company rns to get the shareprice moving higher.

[pikemanspike] 14/7/2020 17:31

p/e of 1 not cheap? Ok, fine. Good contribution.

[clunes100] 14/7/2020 17:08

In the trades listing, someone made a £2m purchase.

[sr2day] 14/7/2020 16:09

oversold i agree,cheap no.

[clunes100] 14/7/2020 16:06

An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights etc. Now according to the last accounts, Microfocus generated 500+ new products during the year for which they are likely to hold intellectual property rights.

I would like to see the £12Bn down into groups of assets to better understand where the value lies. Interestingly, Microfocus have 40,000 customers, so one would expect them to be on fixed term or rolling service contracts, those contracts are effectively a substantial forward order book and that is also a value that I would like to see and wonder if it is included in the £12bn, I believe that some of the right off was attributed to the value of that forward order book in the post Corona business environment.

Anyhows, current share price looks really cheap and oversold - so we'll have to wait and see what happens and hope that the Board are explaining the merits of Microfocus in simple language to the institutions. With two institutions effectively going from zero to 5% that has to be a stronger indicator to a positive future share price

[sr2day] 14/7/2020 15:53

there is more write down to come,£12b of intangibles,what does it represent?

[philms] 14/7/2020 11:40

Full details in RNS from 29 May 2020'Final pricing for the new 5-year Facilities is 4.50% above EURIBOR (subject to a 0.0% floor) at an original issue discount of 3.0% on the Euro Tranche, and 4.25% above LIBOR (subject to a 1.0% floor) at an original issue discount of 2.5% on the US Dollar denominated tranche.'

[sr2day] 14/7/2020 11:39

At the moment it seems to be irrelevant who owns how many because the share price is doing the talking based on fundamentals.

[dr knowledge] 14/7/2020 11:18

Orange1 - you are wrong here I'm afraid as at April 2020 Causeway held no notifiable holding in MCRO (0.22%).