Micro Focus Share Discussion Threads

[cxs1] 23/10/2018 17:32

Nah, Brexit hasn't happened yet. It's the two+ year's of deliberate procrastination that's killing us.

[hades1] 23/10/2018 17:15

Global correction ....add a Brexit induced UK collapse.......

[umitw] 19/10/2018 12:58

Well done !

[rochdae] 19/10/2018 12:35

Added on the dip today...

[cxs1] 19/10/2018 12:28

Yep the macro is weighing heavy irrespective of Brexit, gold proxies surely have more to move up. Could almost do with a proper storm just to clear the air.

[umitw] 19/10/2018 11:28

I am not in MCRO at present , but 1350 or less more then likely. See what the coming weeks bring in this current market conditions. Just looking at gold stocks, -:)

[cxs1] 19/10/2018 10:30

And then some. You still in cash umitw? Do you have a target to buy back in here?

[umitw] 18/10/2018 09:12

Typical of MCRO , gap is closed again!

[dynz] 17/10/2018 14:27

BBC 15th Oct;

Micro Focus, the software developer which will publish a trading update on Thursday, is leading the FTSE 100 risers, up 2.2% at £13.92.

[umitw] 17/10/2018 10:41

There is nothing wrong with banking profits imo .I missed that opportunity many times with MCRO in the past. by the way US is showing negative open, see what the reaction will be here.

[cxs1] 17/10/2018 10:08

Nonsense sogoesit.. I took 14% rise out of ASOS today with the money I withdrew from here on Monday. This will probably rise slowly but there are better opportunities IMO.

[sogoesit] 17/10/2018 09:15

Yep, as amply shown a lack of patience catches folks out... ;-)
Price action a bit more robust. Let's hope it continues.

[ilovefrogs] 17/10/2018 09:10

Yep - halfway there to 1450 this morning. Plenty of upside here still. remember, the historic management now fully in charge of the HP acquisition now, and the market is not giving stock any credit for an improvement there. £20 by spring IMV.

[rochdae] 17/10/2018 08:52

Go micro....!

[umitw] 16/10/2018 12:03

It's been here many times before, hope that stays there not come down again.!

[rochdae] 16/10/2018 11:30

Move through 1500 on the cards here imo..

[rochdae] 15/10/2018 18:40

Also, total return to shareholders forecast 15-20%. Good divi yield. Free cash flow expected to be 1 billion in the next few years. 70% recurring business. Share buyback. Return of value of around 1 billion early next year is my prediction.

The problem was indigestion with the HP purchase.

Anyway, share price unduly hit. So I add on weakness going into a strong period for the markets...

Roch

[rochdae] 15/10/2018 18:11

Well, I'm still buying here on any dips. Get price last week at 1320.

Going way higher with a fair wind in the markets imo.

[losses] 15/10/2018 17:09

Still holding my main pot... waiting for another training op

[cxs1] 15/10/2018 16:42

Probably will tomorrow!

[umitw] 15/10/2018 16:16

Now that we sold out , the share price will probably head north to 1500p...! Lol

[cxs1] 15/10/2018 16:05

I second that and closed out remaining position on that same rise also! GLA.

[umitw] 15/10/2018 15:45

FED up with waiting for 1500p, sold out at 1402 p this morning. Good luck to all holders.

[rochdae] 12/10/2018 08:59

Bit stronger today. All we need is a return to a bit of normality in the market and we'll be back through 14 imo.

As for the Elliott theory, they were not a major holder only 5%. For a ftse 100 you could buy or sell that amount on the day. No need for any manipulation.

Of course the buyback was to improve the share price. Further return of value coming in the new year is my bet.

[cxs1] 12/10/2018 07:54

Now being really cynical..why was a buy back started when it was, yet no definitive statement as to a special divi? Possibly because the regular divi had recently totally failed to ignite the SP, and because Elliott flagged they wanted out and the board had to oblige to let them out with support, to avoid crushing the share price. Tactics to manipulate the price up in lieu of strong news. Nobody will really buying heavy here in this market as its not the bargain it was, and plenty of high quality high yeilding substitutes coming into view with 25% discounts.