Micro Focus Share Discussion Threads

[scepticalinvestor] 01/3/2021 19:15

Yes, my wife is Italian and I think they would have taken me for everything if not for her! They do not understand a word of the Latin I learnt in my youth! Despite having trained as an accountant planning is not one of my specialities lolYou have a palace in comparison!

[purchaseatthetop] 01/3/2021 18:36

San Gimignano is lovely. We used to fly into Pisa and then stay there when we were looking for farms to buy. The incredible towers they built to prove their family was the best surrounded by Tuscan rolling hills. Magic.

We bought the farm and then built two villa totalling 500 sq mt plus 16m saline pool and I will never put one brick ontop of another brick in Italy. The most exhausting and frightening process I have ever run into. Luckily we lived there and spoke the language so were sort of locals. It is a national hobby to remove money from foolish foreigners!

I did a business plan for the whole project. I still have it as a lesson to myself on just how wrong I could get the figures. I think the total cost came to double what I had budgeted.

On the other hand...there is NO PLACE like Italy for calm and lovely life. When our kids finish Uni in the UK we will spend Mar-Sep in Italy as our villa and then the winter at our flat in Munich (I love skiing).

[scepticalinvestor] 01/3/2021 18:26

Italy really is the place to retire to. Have a very small villa overlooking Sam gimignanoTaking every penny to refurbish - it is true what they say abt Italian builders!!

[losses] 01/3/2021 15:11

With you on 2k in 3 years

[purchaseatthetop] 01/3/2021 12:25

Brucie and losses.....me too I would happily settle for £7 at year end. My target for 2000p is at the end of the 3 year transformation project therefore late 2023. they have specified that they want 5 times earnings coverage for dividends so that all depends on.....yes....earnings.

[losses] 01/3/2021 12:18

I'll settle for half that £10 by year end

[brucie5] 01/3/2021 11:32

Thanks P, over what timescale do you see that target? And with sort of dividend increment?

[yorked] 01/3/2021 08:37

Picked up 3k last Friday, at around 421.25p and just before the share price dropped below 420p.

[dollars down] 01/3/2021 08:09

Fair play. I am in my 30s so for a while it doesn't matter for me! Good luck with the retirement plans!

[purchaseatthetop] 01/3/2021 07:00

ScepticalInvestor...no Umbria. Between Umbertide and Cortona up in the hills. My wife and I bought a ruined old tobacco farm 20 years ago and spent 5 years redeveloping it. We rent out a lovely villa with huge pool as a business fro May to Sept each year and also have our farmhouse elsewhere on the (non-working) farm.

Not a full time investor but being in Gerrards Cross near London as we cannot get back to Italy at the moment (and our rental business has been dead for a year though we are now fully booked for the whole summer coming) and in lockdown I have sort of become full time!!!!! My wife works full time for BIFFA but from home.

Anyway....enough of that. We are just looking forward to driving out to Italy in early May to get things ready for the season and my wife can work online from there. I LOVE Italy it is just you need a UK income to live properly.

[scepticalinvestor] 28/2/2021 22:02

Lake Como? Are you also a full time investor?

[purchaseatthetop] 28/2/2021 14:35

dollarsdown....depends on your age. When I was in my 40's I fully subscribed to that view. I am now 59 and have made my plans for retiring to my place in Italy within the next couple of years. My prediction for risk is much lower now. So, move money from index trackers and into cash for a few months to see what happens. I might miss a small upside but there is a big downside that I can avoid.
Anyway...everybody has their own strategy. With nearly an extra 200k in cash friday last week instead of shares I can relax.

[dollars down] 28/2/2021 11:19

It's great when the market crashes. Buy more shares for cheap. Look at what history tells us, markets always recover over time. Why bother timing it. If you see shares at good prices then buy. If you are scared of stock crashes then do your self a favour and just out the money in a savings account as his is the wrong game

[purchaseatthetop] 28/2/2021 11:05

I anticipate a fall in the markets for a while so moved quite a large sum out of managed tracker funds and into cash so that I can buy selected shares and not trust the index. Makes sense to me. GLA

[jw330] 27/2/2021 20:03

I agree that its not an ethical thing to be doing however if there is a fall it means patient investors can get in at a cheaper price, which I think is a good thing overall.

[rochdae] 27/2/2021 19:53

To deliberately seek to frighten investors by saying ALL markets are about to tank is not an acceptable post imo. Mcro is no higher or lower than it was a few days ago either.

[jw330] 27/2/2021 19:49

in the short term the markets is a voting machine..in the long run its a weighing machine.... you should play to your strengths...I think both ways can make money but I can't predict the voting machine so I stick with fundamentals. It is always interesting to hear from the traders, but not for me.

[rochdae] 27/2/2021 19:37

So the some 16 thousand markets across the globe are all going to tank due to a break in trend. That's an idiotic claim.

As to your claim that cypto is dead. You should try to distinguish between a claim and a finding first of all.

As you can predict the change in trend with such accuracy you must clearly have made millions in your time in the markets.

At least phrase your dire predictions with some caution. It's doesn't help investors when you state in capitals that ALL markets are going to tank.

And anyway, back to my question, with your great trading knowledge, where is the Dow going on Monday. Spin the dice for us...

[stoxx67] 27/2/2021 19:08

not a bit of volatility , but a break of a significant trend !!!

its not calling the movement of markets, however it is understanding the significance of what has happened and then making a risk decision, you do understand the difference?

with your post, it would appear you probably don't understand what a trend or the significance of confirmation of break of trend means, sadly those who do not learn the lessons of history , are doomed to repeat it.


stick to the poker tables old timer :)

[rochdae] 27/2/2021 18:54

I see a bit of volatility is bringing out the experts who can call the movement of major markets. So where will the Dow end up on Monday?

All I can see is that mcro still up on where it was a few weeks ago.

[purchaseatthetop] 27/2/2021 18:42

stoxx67....fully agree. I moved a lot out of shares first thing Friday (and posted it on SAGA board). It was time to get out of tracker funds. Thats what I did. Still invested in targeted value shares but moving to cash from managed funds.

GLA

[stoxx67] 27/2/2021 08:54

another hefty fall on the DOW, Nasdaq has broken the uptrend, with confirmation

a further retracement on monday, sadly.

recovery will begin mid March IMHO, but a correction is now going to happen on ALL markets.

Crypto will be in death spiral soon, people are still dancing but the music has stopped !!!

protect your capital, rule #1 of investment

[dr knowledge] 26/2/2021 18:29

Far prefer (and echo) the advice from Rathbones’ James Thomson..........

This sharp sell-off in growth stocks this week provides an ‘excellent buying opportunity’ as their longer-term outlook remains ‘compelling....In moments like this, much like in February and March last year during the calamitous falls that we experienced then, you need to come back your roots and mine are a five year investment horizon and taking the noise out of the short-term,’ Thomson said.

‘Trying to be cute and reposition your portfolio for this is probably not the right thing to do- you’re going to end up getting whipsawed. Perhaps the best advice here if you really do have a long-term investment horizon is to do nothing."


www.citywire.co.uk/funds-insider/news/rathbones-thomson-says-sell-off-an-excellent-buying-opportunity/a1472462?re=82643&ea=30226&utm_source=BulkEmail_FundsInsider+Afternoon&utm_medium=BulkEmail_FundsInsider+Afternoon&utm_campaign=BulkEmail_FundsInsider+Afternoon