Micro Focus Share Discussion Threads

[smurfy2001] 30/3/2021 10:51

Wonderful 😁

[rochdae] 30/3/2021 10:49

Wouldn't be surprised to see a bid at all. Massive value here especially with the move to the cloud and the rapid rise in digitalisation. A truly global company in the right place ..

[markbelluk] 30/3/2021 10:47

Once we were through the resistance there is virtually nothing in the way on the retrace to 800

[scepticalinvestor] 30/3/2021 10:28

Bid in the background?

[warranty] 30/3/2021 10:24

But why rise like this now? I’m obviously pleased to see us getting back to proper levels but can’t see anything to indicate why now?

[purchaseatthetop] 30/3/2021 10:07

rochdae...around 19/5/21 is the next update. if it is good we are over 850p that day. IMO.

[rochdae] 30/3/2021 09:58

Could easily be over 600 this week. These moves seem major until you look at the longer term picture. Then they are only a fraction of the fall mcro suffered. It's now in a much better place so a rapid return is no surprise. Key will be the next trading update. Could be explosive..

[purchaseatthetop] 30/3/2021 09:49

600p this week. Maybe today.

[gurunostradamus] 29/3/2021 22:30

free stock charts from uk.advfn.com

[purchaseatthetop] 29/3/2021 18:46

watfordhornet...love your honesty!!

It is amazing when wild blind refusal to give up, combined with endless willingness to increase value at risk, which usually ends in utter disaster, divorce, tears and a life time regret ACTUALLY turns out to be inspired investing strategy that returns monster bucks.

I salute you.

[purchaseatthetop] 29/3/2021 17:43

markbelluk....it was that exactly that made me have a look. That combined with institutions starting to buy in and also if I remember Director buys made me think "this is not a business in distress".

[markbelluk] 29/3/2021 16:49

To be fair they told us at the start of Sept 20 they where paying back the $175m early due to strong cash flow

[hem007] 29/3/2021 16:32

Ballz of steel

[scepticalinvestor] 29/3/2021 16:32

Haha lowest I bought was 211.I remember that day well, the constant daily drops etcStill far off the days of 2000p

[jw330] 29/3/2021 16:28

Brave to buy in the 2quid range with no news of dividends and no news of AWS and snowflake partnership. The odds have now completely swung in favour of long term shareholders.

[purchaseatthetop] 29/3/2021 16:16

rochdae....you beat the hell out of me! Good performance. I only have around £50k invested here. But the profits are already quite lovely (and a nice dividend coming)

[rochdae] 29/3/2021 16:05

Well, I didn't start buying till 300, but have more than 1k a point geared at 4X. Plus got 8K divi...

Think they call this 'passive income'.

Roch

[purchaseatthetop] 29/3/2021 15:38

My first three buys were:

30/10/20 218.57p
10/11/20 246.12p
10/11/20 250.58p

Had many buys since then up to and including 530p on Monday. However, I like the early buys being over 100% now.

I will keep on buying. My target price 2,250p. Has been that since the day i realised in October 2020 that they were giving the company away.

[dr knowledge] 29/3/2021 15:38

For those of us who retained faith in the dark days throughout most of 2020, to see MCRO breakout last few days (and today with both FTSE and Dow down), is just sublime. :-)

[smurfy2001] 29/3/2021 15:12

Nice currently sitting on a 72% return.

[sidney newboy] 29/3/2021 15:11

As the customers start coming back into the office they will get round to fixing all the glitches in the system that they forgot about during lockdown. I would expect the revenue to stabilise - if they can achieve that then there is 100% upside from here.

[purchaseatthetop] 29/3/2021 14:51

550p just hit

[csmwssk12hu] 29/3/2021 12:42

Something going on here, it’s continued buying since Friday morning on no news which is usually a dead ringer for someone knows something we dont