Micro Focus Share Discussion Threads

[timmy11] 19/4/2021 11:57

which hair!!

[sr2day] 19/4/2021 11:17

the news are in the chart if you look closer.like a woman undressing,don,t look at her hair only.

[dr knowledge] 19/4/2021 10:55

@roch - of course news will drive all (ergo my ridicule of sr2's expert analysis) ;-) but in the meantime, the charts can help. Think we agree on that one. ;-)

[sr2day] 19/4/2021 10:45

so knowledgable that a year ago he never saw 210p coming.what a clown.most probably was invested in NMC based on his superior knowledge..

[rochdae] 19/4/2021 10:43

Dr Knowledge, yes I agree some reference to the chart is important especially from a longer term perspective. So we are clearly turning up and targets of £10 are perfectly within reach. But all of this is determined ultimately by real world news. If the trading statement disappoints, all bets are off and the lines will be redrawn.

[dr knowledge] 19/4/2021 10:25

@Rochde - agree, fundamentals are, and always will be King and clearly demonstrate that MCRO is presently undervalued when compared to the sector. That said, Sir2day's crystal ball "methodology" should never be confused with charting which I also see as an invaluable tool for PI's, especially when it comes to helping choose entry/exit points. Take a look at MCRO's two year chart and you'll see that even the simplest charting indicator such as RSI corresponds with movement in the predicted way. Ditto, I believe someone cited the fact that we are close to the bottom of the recent upwards channel, which in the absence of news should herald a bounce upwards. Have a look at John Bruford's chart predictions made last November when the share price was in the mid 300's. Many thought then it would settle at these levels, but near all the technical indicators said otherwise. Stick to fundamentals yes, but always keep an eye on those friendly indicators. ;-)

hxxps://www.ii.co.uk/analysis-commentary/chart-week-are-micro-focus-shares-back-dead-ii514331

[rochdae] 19/4/2021 09:46

I would ignore people who say they can predict the future. Not long ago we were told for certain that 'all markets are heading south' since then the S&P500 has hit new highs and the ftse smashed through 700. Then there was the 'no point buying the divi' to see it end up 10p on ex-divi day. Plus all the 'this will inevitably drop' back to 420 to see it sore to 590. No wonder you never see a rich chartist. Most seem to want other people to give them money to lose having lost all of their own.

An analysis of the likelihood of good/bad news come the trading statement would be more interesting to read. As I see it mcro, trading on X5 2021 earnings with a EV/EBITDA margin of just over 7. Average for the sector is 30! S&P trading at 15! Mcro turning the ship around and doesn't justify such a huge discount imo. Up almost 200% since the lows of last year. Much more to come imo..

Roch

[sr2day] 19/4/2021 09:16

and you thought it was going above 600p.so shut your gap.

[d1nga] 19/4/2021 09:16

Rather be long than short here, shorts have had their day, the pendulum is swinging the other way

[dr knowledge] 19/4/2021 09:10

You also saw it heading back to 511 by end of last week. How did that go???

So, bad/negative interims might cause the share price to go down?? Amazing analysis! You'll be saying next that a positive one might see it go up! :-)

[sr2day] 19/4/2021 09:00

this has got no legs at the moment.waiting for the update.it better be positive otherwise i can see the share price back to 400p.

[jw330] 19/4/2021 08:51

Volume needs to pick up for the next leg up. The markets currently trading undervalued cyclicals

[sr2day] 18/4/2021 20:28

keep purchasing at the top.if this is not irony then you must be too educated.

[purchaseatthetop] 18/4/2021 19:47

sr2day.....ever considered the concept of irony. no.

[sr2day] 18/4/2021 19:30

they most probably would think the same.keep purchasing at the top.very sensible.

[stoxx67] 18/4/2021 14:08

you cant beat all of them all the time PATT ;)

would suggest the person who gave the analogy of maybe charting being akin to riding a bicycle looking backward, would no longer be able to ride a bicycle looking forward anymore.... due to hip or incontinence failure ;)

[purchaseatthetop] 18/4/2021 12:45

anyway....talking of riding a bicycle looking backward.....I did the chart for MCRO and we are now right at the bottom of the lower channel and we are ready for the next rapid rise to 650p.

[purchaseatthetop] 16/4/2021 09:46

dan099...fully agree. MCRO is undergoing a transformational change program and is 14 months into the initial 3 year period. What they were is irrelevant. It is like riding a bicycle looking backwards. We know they were garbage.

That is why MCRO is such an opportunity. I am staggered by the blinkered views of conventional minds in the City. It is why we can beat them all the time.

[jw330] 16/4/2021 08:05

Yeah I agree it doesn't reflect current situation but it is interesting to see what conditions need to be met for Fitch to consider a possible upgrade e.g. maintaining or increasing fcf margin bove 10%, total debt with equity credit/operating EBITDA sustained below 3.5x etc

[dan099] 16/4/2021 07:54

@jw330. That’s over a year old! The noise and status around the business has changed since Feb 2020. I believe the amazon and snowflake partnership will have a fundamental impact on both revenue and sentiment once understood.

[jw330] 16/4/2021 06:25

hxxps://www.fitchratings.com/research/corporate-finance/fitch-downgrades-micro-focus-international-plc-to-bb-outlook-stable-05-02-2020

Found this commentary by Fitch since their last credit downgrade. Might be an interesting read for some.

[sr2day] 15/4/2021 20:49

the only way is down until update.how far down is the question?sooner or later the US has to correct.