Micro Focus Share Discussion Threads

[orange1] 02/8/2018 12:38

Mcro is already ex-divi.

[cxs1] 02/8/2018 11:13

1180 now, there goes the divi, and not even date of record yet so obviously it's not dividend dogs selling this post divi.

[montyhedge] 02/8/2018 09:03

Very very long term.

[losses] 01/8/2018 11:58

This FTSE 100 flop could bounce backIT group Micro Focus International (LSE: MCRO) has built its reputation by acquiring legacy software businesses and cutting costs. This worked very well until the group agreed an $8.8bn deal to acquire the software business of Hewlett Packard Enterprise.This deal quadrupled the size of the business and has lifted revenue from £1,381m in 2017 to a forecast level of £3,910m this year. But integrating the HPE software business has proved challenging. In March, Micro Focus warned that sales would be lower than expected this year.However, interim accounts published earlier in July suggest the group could be getting back on track. The company said that revenue was falling more slowly than earlier this year, and that good progress was being made on integration.Executive Chairman Kevin Loosemore blamed the earlier shortfall on "inconsistent" application of the Micro Focus operating model, which is now being applied "fully and robustly" across the group following management changes.This 5.9% yield looks temptingMicro Focus is expected to deliver earnings of around $1.87 per share this year, with a dividend of about $1 per share. This puts the stock on a forecast P/E of about 9.2 with a prospective yield of 5.9%.In my view this could be worth considering as a long-term dividend pick. Mr Loosemore's record was good prior to the HPE deal. It may be that changes to management have resolved the operational problems which followed this super-sized acquisition. I can see decent value here on a medium-term timeframe.

[losses] 01/8/2018 08:33

Added 100k cash for divi just now...

[losses] 01/8/2018 08:32

Bloomin crazy... was hoping a decent rise to 1350 for divi and then drop to 1300 after...At this rate looks like we could end up in the 1100s after div.

[umitw] 01/8/2018 08:21

Losses so we expect the share price to drop further 48p..?

[losses] 31/7/2018 20:36

The dividend will be paid in Sterling equivalent to 43.86 pence per share, based on an exchange rate of £1 = $1.33, the rate applicable on 10 July 2018, the date on which the board resolved to pay the dividend. The dividend will be paid on 24 August 2018 to shareholders on the register as at 3 August 2018.

[sogoesit] 28/7/2018 05:41

Further to my post 4789, a republican congressman (Gaetz) has filed a complaint in law against Twitter for shadow-banning!

[sogoesit] 27/7/2018 16:55

Indeed, umitw.
Good advice if you're in investment funds always check their holdings. A vast number replicate each other too.

Since I don't entrust my money to anyone else I am therefore sure I have no exposure to any FAANGS right now ;-).

[umitw] 27/7/2018 10:10

SogoesitFB Is one of the biggest NASDAQ 100 constituents.Therefore it will effect the funds if you have them in your portfolio.

[sogoesit] 27/7/2018 10:01

I don't use FB, never have so never invested.
It always appeared to me to be a social manipulator.
If found out that's a severe risk in the order of catastrophic.

MCRO just a tool kit.

[umitw] 26/7/2018 14:54

Well FB share price down almost 18-20% Mcro is holding well.

[sogoesit] 26/7/2018 08:26

Yes, going in the opposite direction than I thought it would a week or so ago... thankfully!!

[losses] 26/7/2018 05:06

Peeps buying for the divi... should gap up today well into 1300s as it did well overnight in the US as well.

[umitw] 25/7/2018 15:44

Thank you losses.

[losses] 25/7/2018 14:50

Ex div 2 AugustPaid 24 AugustAmount - c58.33

[umitw] 24/7/2018 09:20

Is divi payment in August?

[montyhedge] 23/7/2018 13:35

Did they put a 1 in front by mistake.

[sogoesit] 17/7/2018 11:32

Yep, surprised but we need all the help we can get ;-)!

[t-trader] 17/7/2018 11:21

UBS increased it price target this morning from £18 to £19.50

[montyhedge] 16/7/2018 08:44

Credit Suisse cut to underperform this morning.

[montyhedge] 14/7/2018 14:07

Yes good performance seeing they made a loss. Just a bit of bear closing that's all boys, thats why they're up.

[umitw] 13/7/2018 13:00

LOL , hope so!

[losses] 13/7/2018 12:45

Maybe Monty meant 1850!!