|Micro Focus International
||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Micro Focus International Share Discussion Threads
Showing 3301 to 3325 of 3325 messages
|Yes, it is monty - Lucky 13% ;-)!|
|2800p with our dividends est 200p.|
|Flag formation >> Break-out to the upside?
(GBP weaker again after French Elections]|
|Those two funds who are short of 2.6m Micro Focus shares between them must be getting worried.Bulls I smell blood.|
|Good news for shareholders, cost cutting on its way. But not good news to lose your job.
|Looks like the shorting funds who are short 2.6m could be shorting more, going by the price.|
|Here are the Acquisition notice key points, flatout:
"The issuance of American Depository Shares ("ADSs") to HPE shareholders representing Micro Focus shares (the "Consideration Shares") so that immediately following completion of the Merger ("Completion") HPE shareholders will own 50.1% of the fully diluted share capital of the combined group (the "Enlarged Group") and;
o Consideration to HPE comprises a pre-Completion payment of $2.5 billion (subject to certain adjustments) which will be financed through newly incurred indebtedness of HPE Software
· US$400 million return of value to Micro Focus shareholders to be paid pre-Completion"
So my "former shareholders" applies to holders of Micro Focus LSE listed shares NOT to the new ADRs representing new shares to be issued to HPE shareholders immediately following completion. And that payment is pre-completion so I was wrong on that particular issue but you see how the logic works.
Was Boris "in and out" of the same person ;-) ?|
|Thanks Sogo, Former Shareholders ? I've been out n in more times than Boris Johnston, does that mean I get a divi for each time ?|
Why don't you post only when you have something sensible to add?|
|They should mention with figures a couple of weeks time.|
|Not announced as far as I know flatout.
They said they would reward former shareholders with the bonus "on completion".
Completion is due 3Q 2017.|
|Whats the ExDivi date to qualify for Special Div?|
|When will these two funds close their shorts? before figures or after. I expect this to hit 28000p including our special dividend this year.|
Have a look at Kainos Group, see what you think. I bought a few I think it could double over the next 2 years.
They pay a dividend as well, unusual for a software company.|
|How can these two funds be short of 2.6m shares, if the special dividend and normal dividend this year equals around £2 that £5.2m to pay back, if they have not closed.
Bulls will smell blood against the bears, lol.|
|SogositThanks confirms my thoughts, anyone short would have to pay this back I suppose.|
|I'm away, travelling.
To confirm: special between £1.25 and £1.55 plus next normal of 70p = estimate of £1.95 to £2.25 per share dividends to come this year.|
|So that's combined I worked out around 1.15% = 2.6m shares.SogoesitAny thoughts on that?|
|Wow just seen two hedgies who are short on Micro Focus on Shorttracker. WorldQuant .53% of the shares and OZ Management .63% they are brave, I would want to close positions before they pay that special dividend.Bulls perhaps we smell blood, lol|
|Adrs up nearly 3% tonight in US, we should be a lot higher in the morning.|
I make a p.e 21 at the moment, do you agree with my special dividend and normal dividend calculation?|
|I see this 2850p this year even after our special dividend.
Great share for the Isa's with that special coming.|
|Nope, afraid not monty. I classify this as a "growth&income" share as borne out by the compound growth. It also yields less than my threshold since 2015 for non-special dividend stream.
ISAs are stuffed with housebuilders & closed-book insurers (PSN, TW, CSN, PHNX).|
I hope you have Micro Focus shares in your Isa's, the special dividend and normal dividend I expect around 200p for the year, then tax free. About a 9% return.|
|Way I worked it out special £1.35 and normal 65p making 200p.I reckon special will be mentioned in May figures, or do you expect next set of figures?|