Micro Focus Share Discussion Threads

[volsung] 06/7/2017 10:46

I'm out. Something amiss here.

[steeplejack] 06/7/2017 10:34

Not nice.Conundrum between dumping and getting the hell out or hoping for a bounce.The volume attached to this fall is quite significant but no new short positions appear to have been opened up.Given the 15% retreat,one may as well wait for the clarity that results might bring next week.The next chart support level is 2150.I have to admit that I really don't fully understand how some of these tech companies make their money or how they chose to account.Thus,I shouldn't really hold them.Things are much more transparent in the world of pharmaceuticals.

[montyhedge] 06/7/2017 07:55

Down 14% in about a week, my calculation about 9% return coming. Hedges one day will have to close shorts and buy 3.1m shares. Surely we go higher.

[ringer12] 05/7/2017 17:11

Have we turned the corner? share price actually ended on a daily high.
1

[montyhedge] 05/7/2017 08:32

Should be around 9% return this year. of special dividends and normal dividend.

[montyhedge] 05/7/2017 08:09

SogositTrust the management, if you don't then sell.

[sogoesit] 04/7/2017 15:25

We're betting they do, and have been for a few years now.
Problem is people inevitably go that one step too far; let's hope it's not this one.

[ringer12] 04/7/2017 11:44

Must say I have always been a bit apprehensive about the long time lapse between the merger announcement and it's completion in September.

Lots of things can happen to the stock market in a year.

Looking at Financials I see that the HP share price has fallen approx one third in the last twelve months so no surprise they wanted to sell the software division.

As an aside to that there was the fiasco of the Autonomy take over by HP which turned into a disaster with accusations of rigged accounts etc.

Having seen 10% knocked off the Micro share price in a week one can only hope that the Micro board know what they are doing!

[volsung] 04/7/2017 10:58

Be surprised if it didn't bounce quite strongly from here.

[sogoesit] 04/7/2017 07:49

Should've stuck to your short 2075p target, monty.

[montyhedge] 03/7/2017 18:13

Down 14% in a week on no rns or statement, bears have been lucky.

[montyhedge] 03/7/2017 16:01

You could be right, bears piling in until 12th July.

[nick54] 03/7/2017 15:56

support around £19

[montyhedge] 03/7/2017 15:56

Down 14% in one week on no rns, bears have Mirco by the goulies.

[volsung] 03/7/2017 15:48

Just below lower trend line now. Needs to buck up its performance this one or its ditched.

[montyhedge] 03/7/2017 10:28

Over 200p going to be payed this year back in special dividends and normal dividend. That's about 9%.

[montyhedge] 03/7/2017 10:26

lol I change broker if I were Micro Focus directors.

[steeplejack] 03/7/2017 09:02

The FT article drawing attention to the Credit Suisse note was in last Friday's paper.Credit Suisse are by all accounts the broker who is disseminating a very negative message.The tech sector worldwide is suffering a sharp correction.

[montyhedge] 30/6/2017 14:18

Thats a old note 22nd May.


This is the latest 29th June, target 2800p from 2900p not to bad lol.




Reaffirms its BUY. whats wrong with that.

[steeplejack] 30/6/2017 13:23

FT writes that Micro Focus faded 3.8% as "Credit Suisse repeated an underweight rating and argued again that the retirement of vintage technologies is accelerating".

[montyhedge] 30/6/2017 12:54

sogosit
Thats brutal 14% down in a few days, for no real reason. Bears in control.

[montyhedge] 30/6/2017 09:24

Don't forget boys the two hedge funds who are short of 3.1m shares between then, have to buy back one day, surely they buy back before the £1.60p special dividend and the expected 45p normal dividend. Otherwise they have to pay back.I know they are relying on flowback, when the deal done.Let's hope a massive bear squeeze.

[montyhedge] 30/6/2017 09:07

I'm hoping at this price a gift from the stock market gods, oversold for really no reason, roll on 12th July, see when our £1.60 a share is coming, lol

[sogoesit] 29/6/2017 16:21

Nasdaq down, interest rate moves both sides of pond, GBP up, nearly 4 cents recently on Carney, summer, end of half-year.
What's to like?

Support around 2300/2270 or next is around 2130.

[montyhedge] 29/6/2017 11:56

Only 240,000 shares traded, its all technical but the hedgies, flowback, arbritrage.
Under 2300p did not think I would see that, hopefully half decent figures, hopefully news of dates for special dividend around £1.60 should be normal divided 50p.
I'm topping up below 2300p.

Bears have Micro by the whatsits at the moment, until the 12th July.