Micro Focus Share Discussion Threads

[losses] 11/3/2021 10:29

Ex div is always Wednesday.. so if holding shares on Thursday you will get the divi.The register records it a few days later. Basically if you bought today no divi.

[dr knowledge] 11/3/2021 10:21

It's tomorrow, the reference to the 11th meant all holders as at close of trading today (i.e. the 11th). ;-)

[sooty snipes] 11/3/2021 10:17

I read it that it was tomorrow ie all shareholders on the register on the 12th. Maybe I'm wrong

[ivancampo] 11/3/2021 10:06

Correct. Makes today's current move all the better.

[warranty] 11/3/2021 10:03

Thought it was ex div day today or have I got it wrong?

[rochdae] 10/3/2021 19:16

Yes, that's a good old chestnut, but not within a few minutes ... you're just confusing people...

[losses] 10/3/2021 16:29

I'm follow the money my friend don't emotionally get attached to any share. If things change so do I!

[brucie5] 10/3/2021 14:31

purchaseatthetop10 Mar '21 - 11:54 - 10626 of 10631
0 0 0
Brucie....I chat to *Miss Fundamentals* for her opinion
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Ah yes, of course. And on that front i notice that MCRO qualifies for only one Stocko screen atm, which is "Cash Accruals". I'd never noticed it before, but it might appeal to your experience in accountancy. (It's all pretty much Greek to me..)

"Cash Accruals is a quality investing strategy inspired by research into the 'accrual anomaly' by American accounting professor Richard Sloan. In company accounts, accruals are adjustments made when revenues have been booked but cash has not yet been received. This screen uses low levels of accruals as a positive quality signal. It looks for companies with a low accrual ratio, where free cash flow is higher than net income and where earnings-per-share is growing. Professor Sloan's research found that: "...firms with relatively high levels of accruals experience negative future abnormal stock returns that are concentrated around future earnings announcements." The research found that companies with small or negative accruals vastly outperform (+10%) those with large accruals. It concluded that investors focus too heavily on earnings and not on cash generation and that the share prices of companies with high accruals are more likely to reverse in future years."

Other shares in the screen include POLY, which i hold, and a few other immediate recognisables, such as PLUS, CWK and PFD.

[warranty] 10/3/2021 14:29

I did buy around 540 actually PATT but have since added and currently sit at an average of 454p, so just in the blue. Of course the share price will likely drop with the dividend but I think once that’s gone it may dip further. Actually I’m hoping it does because I have money ready to add again. Gla.

[rochdae] 10/3/2021 14:19

Losses, you're all over the place with your comments ... it will inevitably decline, I'd rather buy ex-divi .. added at 467... !!

You're a bit like that other poster who said 'all markets are in decline' only to see the markets rally ...

Come on, at least be consistent.

[alex4141] 10/3/2021 14:03

Good :) - the slow thinking shorters would also need to pay ~£600K of dividends (from £26.5M or 1.69% shorted stock) to their lenders if not closed by tomorrow.

[losses] 10/3/2021 13:40

Added at 467... looks like the divi followers could make this go blue

[daler1966] 10/3/2021 12:21

Excuse my ignorance but doesn't share price go down on Ex dividend day ? For Micro that's tomorrow, or is it sell off in Tech sector

[purchaseatthetop] 10/3/2021 11:54

Brucie....I chat to *Miss Fundamentals* for her opinion

[brucie5] 10/3/2021 11:34

Very strange indeed. On these undervaluations I never know whether to ignore *Mr. Market*, or assume that He knows something we do not.

Rather like his good budddy, *Mr. Chart*.

[rochdae] 10/3/2021 11:29

I disagree. Nothing inevitable about the markets ..

[losses] 10/3/2021 11:03

It's inevitable it will drop after XD unless someone good news lands on Thursday

[purchaseatthetop] 10/3/2021 10:57

warranty....very much doubt 400p but without news it will slip. Nature of the beast. If I remember correctly you bought in around 500p so just keep the faith and add if you feel like it to gain from dips. Reasonably soon we will have the Q1 trading update and then we should see some action (upwards). I added this week on the dip. Will do again if it drops further. Long term share for me (and that does not mean I am in the red!!)

[warranty] 10/3/2021 10:13

I see this dropping back to the £4 level after ex dividend day, despite the positive outlook. Seems crazy really but a great opportunity for long termers to top up.

[losses] 10/3/2021 06:47

So anyone holding the shares on Thursday will get the dividend

[sooty snipes] 09/3/2021 17:14

From the preliminary results RNS dated 9/02/21

Dividend

The board proposes a final dividend of 15.5 cents, taking total dividend per share to 15.5 cents for the period. The dividend will be paid in Pound Sterling equivalent to 11.3 pence per share, based on an exchange rate of GBP1 = $1.37, the rate applicable on 8 February 2021, the date on which the board resolved to propose the dividend. Subject to approval by shareholders, the dividend will be paid on 15 April 2021 to shareholders on the register at 12 March 2021.

[gurunostradamus] 09/3/2021 16:54

I read the above to mean ex div date of 12th?

[scepticalinvestor] 09/3/2021 16:48

sorry 11th then.

[gurunostradamus] 09/3/2021 16:38

Don’t think so Sceptic:

The directors announced a final dividend of 15.5 cents per share payable on 15 April 2021 to shareholders who are registered at 12 March 2021. This final dividend, amounting to $51.9m, has not been recognised as a liability as at 31 October 2020.