Micro Focus Share Discussion Threads

[blackhorse23] 01/9/2022 09:52

CURY no debt atm , paid off all at 2022 , paying dividend even buying back shares ... which I like about this company

[prokartace] 31/8/2022 12:42

The only thing of any note in CURY is the continuous fall in the share price along with all other retailers who are going to suffer badly with their costs rising and their sales falling because the public will have far less spending power in real terms over the next couple of years

[markbelluk] 31/8/2022 06:16

The £ is so weak I will be very surprised if there not at least 2 other offers come in

[highlands] 30/8/2022 22:18

There's no real benefit to MCRO if the deal fails as the share price will collapse to below the original share price

[highlands] 30/8/2022 22:16

It is normal market reaction especially when taking a company that needs turning around and acquired at a massive premium.If they get the turnaround right then their share price will explode later

[smurfy2001] 30/8/2022 21:00

Not surprised given the awful Micro focus management.

Here's hoping the deal fails.

[rossco] 30/8/2022 19:19

Since the offer was announced the share price of Open Text has gone down significantly.
Open Text shareholders may not be happy with the deal?

[watfordhornet] 30/8/2022 14:37

Anyone know if there are exit penalties if either side pull out of the deal?The 3% premium to 536p is probably not big enough to justify holding. If chunky exit penalties makes the deal more unlikely to fall through

[highlands] 30/8/2022 14:27

CURY does have long term debt. It's not a lot but it does.

[blackhorse23] 30/8/2022 14:23

The reason I have moved to CURY because it has free cash 400p per share but trading 63p , NO DEBT , coming months it will be skyrocket

[highlands] 30/8/2022 14:22

The bid is already recommended by management so unlikely to be rejected by shareholders.The share price is still at a discount to the bid price and there is veey good chance of a counter bid with potential of further upside.

[blackhorse23] 30/8/2022 14:18

They got good bid, double price than their entire revenue ... if not accept this bid then will be back to 200p or below , like Thg offer 170 now trading 58p ... NO ONE BID MORE THAN THAT !!

[highlands] 30/8/2022 13:34

In my opinion, in the short ter, there is more chance of me making more here than CURY. (Counterbid and increase to bid price)

[blackhorse23] 30/8/2022 12:10

Profit reinvested in CURY , free cash 400p per share, revenue 10.1 billion , paying dividend even buying back shares

[prokartace] 30/8/2022 09:52

There are no hedge funds short in Micro Focus

[dealy] 28/8/2022 06:57

I really hope some hedge funds were short here and got crucified on Friday. Dozens of UK companies are trading at all time lows with parasite hedge funds shorting stocks into oblivion. Asos and Boohoo are 2 stocks that have been pummelled by excess shorting

[odillon] 27/8/2022 22:33

I saw an online article in the Times that suggests that Opentext with Micro Focus absorbed may be able to compete with bigger concerns such as Microsoft.

Perhaps Microsoft are considering taking steps to nip that in the bud? 😀

[drk1] 27/8/2022 13:36

My spread bet closed automatically @ £5 (more than happy with that!), but no way will I be selling my holdings yet. The bid price should now offer support for the share price & whilst I tihnk the EGM will accept the board's recommendation to sell, that still leaves plenty of time for an alternative bidder to enter the fray.

There can only be one reason why open text made a cash offer (rare) at such a premium to the share price (98% very rare) & IMO they did so to deter alternative bidders. However unlikely it may sound, if open text are wary of a counter-bid, then they must also believe there is a chance one could surface!. ;-)

[jsg123] 27/8/2022 10:17

I sold half of mine as also averaged early 3s, invested in some others then the yanks decided to have a meltdown again!!

[odillon] 27/8/2022 00:18

It's tricky, I may well follow your lead CC if there are no new offers soon.

[creditcrunchies] 26/8/2022 20:05

I must admit I took 518p as I had an average of 330p with 25k worth that's a big profit. Especially when a lot of other high value stocks are getting smashed atm.

[odillon] 26/8/2022 16:33

I managed to resist the temptation to sell today. The Canadian deal is due to complete in the first quarter of 2023 so there is a decent amount of space for other offers which may be possible. But hats off to the Canadians for making an offer that takes me from loss to profit and if there is a bidding war I hope they can win it Very welcome share movement.

[halfpenny] 26/8/2022 14:56

Cromw i agree, so good we got into these before at a bargain price. Many doubted and now it has come home. Keep on smiling..

[thomstar] 26/8/2022 14:55

Yep DARK looming likely. CNA, ABDN, HMSO could do with offers next