Micro Focus Share Discussion Threads

[montyhedge] 06/9/2017 08:44

On course for a p.e of 15 so in theory £40 next year.

[losses] 06/9/2017 08:37

At this rate may well see 2600 end of week!!

[losses] 06/9/2017 08:36

Nice summary... fools for selling today.Luckily I bought at close yesterday as a long term investment it's a no brainer. I did think it would open lower but I was ready to buy more..Just added more higher price paid... oh well can't win all the time.

[kuss1] 06/9/2017 08:21

So likely we'll see margins of say 30% going forward for HP on revenue of 3 billion so 900 million operating profit plus say 45% margins for the Micro side on revenue of 1.4 billion so 650 million = combined operating profit of 1.5 billion. Market cap of micro is about 7 billion US. So trading on 4.5 earnings. That's for a tech co. listed in the USA!!

That my friends is just nuts..

Plus a near 3% short position..

Plus returning 20% to share holders every year. And with margins at HP set to grow to 40%

I though this was going to open 75 points down today?

[phillis] 06/9/2017 08:17

Monty
You continue your nonsensical blathering

[losses] 06/9/2017 08:08

Yes looking at the results deeper and margins are well up.. this should start moving towards 2600 soon

[mattyd] 06/9/2017 08:07

Maybe you're not sogoesit! Nice rise so far

[sogoesit] 06/9/2017 07:25

All the fuss about HPE... when, in the MCRO year to 31 October 2017, we will see 2 months, just 2 months, of that.... and only a part of that... at INCREASED margins.
Well, I guess I'm a fool.

[kuss1] 06/9/2017 07:22

Margins now 24.9% with operating profit growing to 179 million compared to 131 million.... Micro making the business leaner and getting rid of unprofitable revenue.

[losses] 06/9/2017 05:56

Shares of Hewlett Packard Enterprise (HPE) were 5% higher in after-hours trading on Tuesday following stronger-than-expected third-quarter financial results from the technology solutions firm. https://www.thestreet.com/story/14294372/1/hewlett-packard-stock-surges-after-hours-on-q3-earnings-beat.html

[losses] 06/9/2017 05:45

HP Enterprise has yet another confusing plan to simplify itself http://on.mktw.net/2w4RELK

[losses] 06/9/2017 05:42

MARKET PULSEHewlett Packard Enterprise beats on earnings after spin-off, shares gainSep 5, 2017 at 4:20 p.m. ETBy Jeremy C. OwensHewlett Packard Enterprise Co. HPE -1.89% beat quarterly earnings expectations after spinning off some software assets, and shares received a boost in late trading Tuesday. The enterprise-focused arm of the split-apart Hewlett-Packard Co. revealed fiscal third-quarter earnings of 15 cents per share for continuing operations, down from $1.43 a share a year ago, on revenue of $8.2 billion. After adjusting for the charges related to HPE's long restructuring process and other factors, the company claimed adjusted earnings of 31 cents a share. Analysts on average expected earnings of 26 cents a share on revenue of $7.5 billion, according to FactSet. HPE also adjusted its full-year forecast with the software spin-off completed, projecting that it will end the fiscal year with a GAAP loss of 7 to 11 cents a share and an adjusted profit of $1.36 to $1.40 a share, with the large discrepancy coming from separation costs, restructuring charges and other costs. HPE shares gained about 4% in immediate late trading after the announcement, topping $14.50 after closing the session with a 1.9% decline at $14.04.After-HoursUS:HPE10:0011:0012:0013:0014:0015:0016:0017:0018:0019:0020:00$14.0$14.5$15.0$13.5

[kuss1] 05/9/2017 22:22

But surely MFGP is up after hours... and HPE up almost 4%.

Pretty good figures. It's all down to margins not headline revenue. That's what mcro do, squeeze out profit. A 7% margin improvement is great. Add that to the next quarter earnings and we'll hit 40%..

[losses] 05/9/2017 22:13

Most likely will fall in the morning but I've got my cash ready to buy more..

[kuss1] 05/9/2017 22:06

Not sure I follow your logic monty. Surely we're making 46 million more profit than this quarter last year? Great quarterly comparisons... 7% margin improvement is quite impressive..

[montyhedge] 05/9/2017 22:01

Ouch in the morning.

[kuss1] 05/9/2017 21:56

I note 03 results are out in the states: Interesting comparison with 03 2016. Notice the margin improvement, some 7%. Nice. Soon be up to 40% on revenues of 4 billion....

03 2017
Software revenue was $718 million, down 3% year over year, down 2% when adjusted for divestitures and currency, with a 24.9% operating margin. License revenue was up 2%, up 5% when adjusted for divestitures and currency, Support revenue was down 2%, down 1% when adjusted for divestitures and currency, Professional Services revenue was down 23%, down 22% when adjusted for divestitures and currency, and Software-as-a-service (SaaS) revenue was up 7%, up 7% when adjusted for divestitures and currency.

03 2016
Software revenue was $738 million, down 18% year over year, down 3% when adjusted for divestitures and currency, with a 17.8% operating margin. License revenue was down 28%, down 17% adjusted for divestitures and currency, support revenue was down 17%, flat when adjusted for divestitures and currency, professional services revenue was down 8%, up 1% adjusted for divestitures and currency, and software-as-a-service (SaaS) revenue was down 5%, up 17% adjusted for divestitures and currency.

[ringer12] 05/9/2017 18:47

Not looking good across the pond. HPE down 3%

[montyhedge] 05/9/2017 17:52

Let's hope these figures are good tonight, if not with the Dow down bigtime, could see 75p off the price tomorrow.

[losses] 05/9/2017 16:36

Well will see how tomorrow pans out... added more today at close.

[montyhedge] 05/9/2017 16:25

Shorting hedgies called this right.

[losses] 05/9/2017 13:18

A decent deal on aveva... nice surge

[ugandalad] 05/9/2017 11:49

Montyhedge. If one pays Capital Gains tax its on capital gains profits. The way Charles Stanley have accounted for this transaction i.e. reducing the tax cost by the amount of the cash back there is no capital gains to report but when the remaining holding is sold an enlarged capital gain may occur which would be liable. Be interested to hear if other brokers have accounted for this differently or I'm misunderstanding the accounting.