Micro Focus Share Discussion Threads

[scepticalinvestor] 28/7/2020 09:06

I am long here but admittedly the act of the CEO selling any amount at this lvl does not bode well.As soon as this is back up above 300p I will be closing my position.

[dollars down] 28/7/2020 08:59

SR2DAY - Why didn't the CEO's holding reduce after the sale? any idea what this is?

Was 611,789 before and after when checking the LSE Site.

Anyway not sure its a big deal regardless, if he needed some cash - if he sells more then that's a bad sign.

[sr2day] 28/7/2020 08:28

there are a lot of stupid as well like our monty.

[stdyeddy] 28/7/2020 08:11

head in the sand chum. If a ceo is that stupid, he wants sacking. There are plenty of clever people out there; no need to have 'clueless' directors. Major investors should get this idiot out, quickly.

[montyhedge] 28/7/2020 08:09

Every buy back the same Shell, IAG they all do it at the wrong price..

[stdyeddy] 28/7/2020 08:09

No monty, you are 100% wrong. The ceo of a listed company selling shares is a massive negative signal to the market. Everyone knows this. If a ceo is stupid enough to do this for the sake of £12k or £24k or whatever it is, when the share price is on the floor, he needs kicking out.

[gerardp] 28/7/2020 08:07

Directors are clueless - just look at the share buyback at £12. £Millions down the drain.

[montyhedge] 28/7/2020 08:03

The other 2 directors bought 2 million pounds worth, over double this price, so I would not worry. We all have to sell shares for tax purposes sometimes.

[montyhedge] 28/7/2020 08:01

Oh The Grim Reaper in full flow, we don't hear from you on a up day.

[stdyeddy] 28/7/2020 08:00

I see that the ceo has sold shares in the company he runs at £2.82, rather than keep them. Allegedly to cover his tax on the award. So his basic salary can't do that? Obviously he needs sacking. Any ceo who thinks that that is the right thing to do with his share award is stupid beyond words. I hope the major investors take action. With this person at the helm, I imagine the share price will continue downwards.

[sr2day] 28/7/2020 07:49

they were paying dividends out of reserves,not profits.not prudent.

[montyhedge] 28/7/2020 07:20

Just out of favour, shunned by income investors, they were paying a 53.3c dividend, but being prudent pulled it because of the uncertainty of Coronavirus.It's still a cash cow.

[sr2day] 28/7/2020 06:49

Avoid.will fall further imo.

[brenman] 28/7/2020 01:53

Massive falls here like the company is bust. What is going on?

[ozzmosiz] 27/7/2020 19:56

https://marketresearchvista.com/2020/07/27/cloud-business-email-market-swot-analysis-by-key-players-ibm-google-micro-focus-international-nec/

[orange1] 27/7/2020 15:44

If more evidence is needed that the deranged bingo caller is just that, here it is:

montyhedge24 Jul '20 - 18:15

Great performance closed 301.60p, on a risk off day for the market.
My prediction your never see Micro Focus below 300p again.
Onwards to 350p if the markets hold out.

--
Current price: 281p

[ozzmosiz] 27/7/2020 15:37

Just added a few of these to my little ones JISA

[montyhedge] 27/7/2020 15:15

fuji99
Like I said shunned by income investors, always been a good divi payer, 53.3c dividend was pulled at the last minute, the right thing to do with coronavirus.
They will pay next set of results I'm convinced, bring back the income boys.
At the moment priced for armageddon.

[fuji99] 27/7/2020 15:03

Tiger: Well done with Kainos. For MCRO, any slight positive news will take it quickly over 350p. The share price is now trading like under the worst case scenario.

[montyhedge] 27/7/2020 14:30

It's strange my biggest winner software Kainos plc touch new high today p.e 65, Micro Focus p.e 3.Micro shunned of course by income investors, but they will be back when dividend paid next set of figures.

[sr2day] 27/7/2020 14:06

monty,you had been saying 650p when it was testing 500p.all those who have followed your advice is hurting.

[montyhedge] 27/7/2020 13:57

17.4% upside by UBS ok.