Micro Focus Share Discussion Threads

[henley2] 09/2/2021 09:43

How sustainable is the cash generation?
Just wondering if a VC company might take a look at Micro Focus.
Thoughts?

[purchaseatthetop] 09/2/2021 09:37

monty....100% agree. USA is going to boost the share price towards 540p today.

[montyhedge] 09/2/2021 09:27

Yanks at 2.30 going welcome these figures.

[martinfrench] 09/2/2021 09:25

wonder what they are going to do with remainder of fcf, wasnt mentioned, hold for now or pay down debt ?

[montyhedge] 09/2/2021 09:24

Analysts upgrades must be coming through. I can see them sharpening their pencils already.

[montyhedge] 09/2/2021 09:14

Paying a dividend brings back the income funds who can only invest in shares that pay a dividend and now growing dividends coming. Of course these funds and income investors shunned Micro before.750p I see.

[phillis] 09/2/2021 09:10

Business still in decline but v cash generative

[montyhedge] 09/2/2021 09:04

Dividend reinstated has I predicted. Free cash flow down, but on the road to recovery.

[sinzu] 09/2/2021 09:02

The Count is spot on here.

[sinzu] 09/2/2021 09:01

Very, very happy with these results - there is NO doubt that broker upgrades will follow this and rightly so.

UBS will be one of these to upgrade, amongst others.

[deanmatlazin] 09/2/2021 08:58

bought today...looking back for the share price to go back to £10

[csmwssk12hu] 09/2/2021 08:56

Still generating large amounts of cash that’s the important thing, share price doing great aswell, good day overall so far these up and my PMO holding starting to take off, about time

[markbelluk] 09/2/2021 08:44

JW thats the key, the sector is the reality check

[rochdae] 09/2/2021 08:42

The decline in revenue trajectory has reversed...

I'll stick to my point

[purchaseatthetop] 09/2/2021 08:41

planit2 see my post above. it is clear as day in the report

[purchaseatthetop] 09/2/2021 08:39

Key part of the report is this below:

The second half of FY20 saw a sequential improvement in revenue performance and we have continued this momentum into the first quarter of FY21.

It means the revenue decline is further slowing and the GM is rising and they will report it in next trading update. I was surprised it was in the report but it means everything.
1,250p by 31/12/21 IMO

[jw330] 09/2/2021 08:38

Tbh looking at it from free cash flow yield basis this is still cheap as chips compared to other software businesses

[planit2] 09/2/2021 08:37

"Revenue decline reversed"?

It says their plan for 2023 is to stabilise revenue. I would prefer if they had a target to grow sales but please could someone point me to where it says the revenue decline has reversed.

Also it is not a growth stock from here. It would be lovely if it was but there is a long way to go.

[flagon] 09/2/2021 08:36

Adjusted Diluted Earnings per Share ("EPS")
- continuing operations 154.37 cents

Approx 113p EPS for the period. PE of circa 4.5x earnings ... hmmm.

[rochdae] 09/2/2021 08:33

Revenue decline reversed .. shame they didn't give more info..
The ship is turning that's for sure.
Going way higher imo..
Roch

[markbelluk] 09/2/2021 08:32

sr2day put the glass pipe down its not even 9 am!!!