Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Micro Focus International LSE:MCRO London Ordinary Share GB00BD8YWM01 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.50p -0.59% 1,939.00p 1,938.00p 1,939.00p 1,989.50p 1,933.50p 1,954.50p 1,385,156 16:29:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 3,722.8 26.7 157.9 12.7 8,052.03

Micro Focus International Share Discussion Threads

Showing 5076 to 5098 of 5100 messages
Chat Pages: 204  203  202  201  200  199  198  197  196  195  194  193  Older
DateSubjectAuthorDiscuss
21/3/2019
16:25
Nope, it's heading for 2000p.
woodhawk
20/3/2019
22:38
It may come sooner then you think! :-)
umitw
20/3/2019
11:26
Good for you. Yawn. It was under 1900p within a day or so, you must have missed it.
woodhawk
20/3/2019
11:03
Ok I m ready to buy if it falls under £19.
umitw
20/3/2019
10:35
I added about 15% to my holding around £19... just to be sure, to be sure ;-)
sogoesit
20/3/2019
10:20
And what might that be Woodhawk? :-)
uncle andy
20/3/2019
09:46
I fail to understand your 'strategy' - but no matter, I know what I'm doing.
woodhawk
20/3/2019
09:31
Yes you may have a point, but it's worth the risk. Then it becomes a long term hold! :-)
umitw
20/3/2019
09:29
"So I have time to buy in"? I suspect it may well be substantially priced-in well before.
woodhawk
20/3/2019
08:39
Many thanks. So I have time to buy in.
umitw
20/3/2019
08:22
umitw, RNS March 15 Micro Focus International plc Completion of sale of the SUSE Business and proposed return of value to shareholders Micro Focus International plc ("Micro Focus" or "the Group", LSE: MCRO.L, NYSE: MFGP), the international software product group, is pleased to announce the completion of the disposal of the SUSE business (the "Disposal") and a proposed return of value to shareholders by way of a B share scheme. The proposed sale of the SUSE business was first announced on 2 July 2018 and subsequently approved by shareholders at the general meeting held on 21 August 2018. The Disposal has now completed, within the time frame first announced in July 2018, and the proceeds have been received. Taking into account the ongoing share buy-back of $110m, the Board intends to return the substantial majority of the after-tax proceeds from the Disposal (currently estimated to be approximately $2.1 billion) to shareholders, after allowing for any required debt repayments, the level of which is currently being determined. The Board expects to implement the return of value by way of a B share scheme which will enable all shareholders (including ADR holders) to participate equally in the return of value. A circular containing details of the return of value and a notice of general meeting of the Company's shareholders (the "General Meeting") is expected to be posted to shareholders at the beginning of April with the General Meeting being held in late April. It is also expected that, subject to shareholder approval, completion of the return of value and the associated share consolidation will take place shortly following the General Meeting and settlement will take place during May. Stephen Murdoch, CEO Micro Focus, commented: "This disposal demonstrates our relentless focus on our strategy of delivering value through a portfolio approach to software management. SUSE generated just 20 percent of the Attachmate Group's total revenues when we acquired this group for $2.35 billion in November 2014. The sale price of $2.535 billion for SUSE reflects an excellent return on the investments we have made to support and grow this business during the past four years, and we are delighted to be in a position to return the substantial majority of that to our shareholders."
uncle andy
19/3/2019
09:03
When are they going to pay out, is there a time scale to be bought in MICRO?
umitw
15/3/2019
17:09
That's a bunch of moolah! At a 20% tax rate I make that £3.12/share at Forex of 1.31.
sogoesit
15/3/2019
16:50
Suse RNS out - looks like they are going to return about 20% of their market cap to shareholders.
ilovefrogs
27/2/2019
10:20
Thank you for your reply.
umitw
27/2/2019
10:06
On the 14 February they said this: "At the date of announcement, the Group has completed the current $400m share buy-back programme, which today is extended by up to $110m." At the same date the SUSE transaction had not completed. Chronologically indicates that the SUSE "Return-of-Capital" is a separate event to the $110m additional buybacks which is ongoing as you will see from the post-14 February RNSs. AIMV
sogoesit
27/2/2019
10:01
Isn’t the on going share buyback strategy part of the return to shareholders programme? when SUSE sale crystallises I assume this will be extended by a contribution from the capital gain. Been an investor for a number of years at various levels and have taken out in Dividends and capital gains more than my current holding is worth. But slightly confused of where they are on the accounting and distribution of the SUSE sale. All will be clearer when that exercise is over. Of course management may then hit us with another surprise but as their intent is to grow returns to shareholders and as I’m a long term holder I await with optimistic interest.
ugandalad
27/2/2019
09:31
The 'net' has been reported as £2.95/£3.00 per share, I think.
woodhawk
27/2/2019
09:22
There is no special dividend this year. Dividend policy here: "During this 18-month transitionary period, we have paid two interim dividends and propose a final dividend of 58.33 cents, taking total dividend per share to 151.26 cents for the 18 month period. On an annualised basis this total dividend is 100.84 cents per share which is growth of 14.5% on the full year dividend for the year ended 30 April 2017 of 88.06 cents per share. Notwithstanding the pattern of dividends during the past 18 month period, the dividend policy remains unchanged at two times covered by the adjusted earnings of the company. In future periods, we will return to our approach of paying a single interim and final dividend for the financial year. The dividend will be paid in Sterling equivalent to 45.22 pence per share, based on an exchange rate of £1 = $1.29, the rate applicable on 13 February 2019, the date on which the board resolved to propose the dividend. Subject to approval by shareholders, the dividend will be paid on 5 April 2019 to shareholders on the register at 1 March 2019." Unless you are referring to the SUSE sale capital return... which we don't know about yet as it hasn't completed: "$2.535bn SUSE disposal scheduled to complete in first calendar quarter of 2019; net sale proceeds to be returned to shareholders, after tax, transaction costs and any required debt repayment." $2.53bn is equivalent to £4.50/share according to my calculations, give or take the forex rate, but I haven't seen the "net".... unless someone else knows.
sogoesit
27/2/2019
08:09
When is special divi of £2 payable?
umitw
26/2/2019
08:35
No, it isn't, it's Thursday.
woodhawk
25/2/2019
16:30
Nice intraday reversal there! £20 by Thursday?
woodhawk
21/2/2019
08:32
Back to where I sold 2500p, coming year. It's looking good.
montyhedge
Chat Pages: 204  203  202  201  200  199  198  197  196  195  194  193  Older
Your Recent History
LSE
MCRO
Micro Focu..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190325 02:00:48