Micro Focus Share Discussion Threads

[montyhedge] 04/3/2021 09:20

Mo you said nice little earner, I see massive little earner, lol.

[mo123] 04/3/2021 09:13

Amazon Web Services is looking to surpass $50 billion in annual revenue this year and is eyeing strong future growth from Indian co's that are moving to the cloud.
With Mcro having a strong presence in India, it could be a nice little earner for the co.

[purchaseatthetop] 04/3/2021 08:35

starting a solid rise now. happy days.

[montyhedge] 04/3/2021 08:32

650p here we come.

[yorked] 04/3/2021 08:28

jw330, I managed a top-up yesterday, 2k@491.357p

[sr2day] 04/3/2021 08:24

only way is up.541 to be tested today.

[jw330] 04/3/2021 08:05

After yesterday excitement all punters have disappeared.I'm looking to add on any dips

[flagon] 03/3/2021 20:45

You need to be a holder at the close of business on 10/3 to qualify for the dividend.

[gurunostradamus] 03/3/2021 20:41

Does anyone know what date does one need to be share holder to get the dividend declared of 11.3p? Is it the 10 March as the ex dividend date is 11th March?

[dr knowledge] 03/3/2021 17:20

Couple of chunky buys reported late including a 250k- wonder have any of our resident shorters reduced. ;-)

[losses] 03/3/2021 16:17

Back test..

[gurunostradamus] 03/3/2021 15:59

There should be buying pressure until 9 March minimum!

[planit2] 03/3/2021 15:44

I am surprised this didn't get a boost after the original auction. Still drifting down.

I thought 540p was a certainty seeing that the news now is better than it was after the results.

Anyone think tomorrow will be another jump up?

[jw330] 03/3/2021 15:43

The shares are still in bargain territory. If you look at the other saas/software businesses listed on the exchange it will show you of the potential ahead

Craneware EV/S ratio of 15
Kainos EV/S ratio of 6
Microfocus is 2

Weve got a long way to go on this one

[dr knowledge] 03/3/2021 15:00

SINZU - decent?? ;-) MCRO has been viewed by some as a non-growth stock (all talk to date being on halting revenue declines), yet in the stroke of an RNS we are looking at an ultra conservative 10% increase in revenues - tie this in to the 3yr turnaround plan and very soon, Bob will most definitely want to be your uncle. ;-) Worth reiterating........

"Material often means 10% or more in City guidance speak, so investors can probably expect a minimum of $300 million, based on last year's $3 billion total revenue, and quite possibly a lot more."

[rochdae] 03/3/2021 14:55

The tide is turning.. and quickly. Don't give a stuff about gaps. Or the general market or its chart. Mcro accelerating from here. It's down to real world facts. Buy the money not the psychology...

Could see dividends of 15% soon on today's price. What a return ...

[sinzu] 03/3/2021 14:50

Yep, that's a decent update from AJ Bell

[highlands] 03/3/2021 14:46

Would be nice if Amazon just take over MCRO!

[reverend bong] 03/3/2021 14:32

These 15 million shares, if triggered, would they be new issues, diluting the stock?

[sif12] 03/3/2021 14:12

anyone have a rough % on how much work/ revenue they do in UK/ Europe/ US/ rest of world?

[dr knowledge] 03/3/2021 14:05

Superb update + initial analysis from AJ Bell just published.......

"Infrastructure software firm Micro Focus (MCRO) has announced a commercial deal with Amazon Web Services (AWS), the world's leading cloud enabler. The agreement will see the pair work together to help large organisations with to modernise their applications and allow to make the jump into the AWS Cloud ecosystem.

ROUTE TO THE CLOUD
This is big news for the UK company and investors were all over Micro Focus stock in morning trading, sending the share price surging 17% to 510.6p, pushing the value of the FTSE 250 business beyond £2 billion. But investors haven't seen anything yet, if the real value of the AWS deal can be successfully tapped.

AWS is clearly setting its sights on public sector organisations and big corporates juggling large and legacy IT stacks that have been built-up and bolted together over years into unwieldy monsters. Think banks and other financial institutions, or welfare benefits departments, for example.

This is an open invitation to join the cloud party, that by using the IT modernisation tools of Micro Focus, large organisations with complex technology needs can be put on the road to AWS applications and the benefits that cloud implies; faster, cheaper and more flexible applications designed for today's digital world.

HUGE REVENUE SCOPE

That Micro Focus has issued warrants to the tech giant’s investment arm to subscribe for up to 15 million shares at 446.6p each is also telling. These warrants will only be triggered in full if AWS is able to put meaningful business Micro Focus' way, or 'deliver a material impact' on revenues.

Material often means 10% or more in City guidance speak, so investors can probably expect a minimum of $300 million, based on last year's $3 billion total revenue, and quite possibly a lot more.

'The modernization of mainframe applications and workloads into cloud environments is increasingly becoming an imperative in the digital transformation programmes of large enterprises worldwide, and this collaboration has the potential to drive new customer adoption and growth within our Application Modernisation and Connectivity (AMC) product group for an extended period', said Micro Focus chief executive, Stephen Murdoch"

[ozzmosiz] 03/3/2021 13:49

Some serious gap filling to do here.... unless it ends up a runaway

[purchaseatthetop] 03/3/2021 12:55

gurunostradamus.....excellent call. well done. SAGA and MCRO as a double!

[montyhedge] 03/3/2021 12:54

Should be 650p coming weeks.