Microgen Share Discussion Threads

[wjccghcc] 20/2/2017 14:03

So am I. It's my largest holding.

[janeann] 20/2/2017 14:01

There is no C on the trades I have seen - most are O with a couple of LTs. But for info C = cancellation! based on

didn't expect this type of action from MCGN - very pleased tho.

[gleach23] 20/2/2017 11:39

Indeed DavR0s...don't suppose you know what the C column represents on the Trades screen? There is a C against each of the trades above ask.

[davr0s] 20/2/2017 11:13

Buys above ask this morning - like to think this is about to pop up

[petewy] 06/2/2017 12:56

Thanks, CC. SDtandard Life did a 5 to 7 years ago and the share didn't move.

This share needs a broker's note.

[coincall] 06/2/2017 12:15

petewy,

If you held the shares at the time of that conversion you are correct. So if you held 1000 shares divide them by 9 and multiply by 7 = 777 + 1000 x £0.27 = £270. If you had bought shares at the time (£1.20) the value has actually increased (at today's price)by about 72%, plus you would have received four dividends with a total value of £61.38.

If you have held the shares over a few years you will have enjoyed the usual dividends plus a number of special dividends listed below - so I don't think many of the shareholders consider they have lost out!
26 Feb 2014 Special GBX 5.20
25 Feb 2013 Special GBX 5.20
01 Nov 2011 Special GBX 5.00

[petewy] 05/2/2017 13:28

The document referred above above by Coincall says "7 for 9 Share Capital Consolidation". Does this for every 9 shares I will hold 7. (Always lose out) and the 27p return will make up for it?

[shauney2] 03/2/2017 15:02

Thanks coincall.Time flys.
Aptitude is the key.You can't beat high margin recurring revenue.

[coincall] 03/2/2017 14:57

March/April 2015 + return of 27p/share

[shauney2] 03/2/2017 14:50

Had a couple of more adds since the update.Moving into Asia was a big plus for me.

Didn't we have a consolidation last year?So in reality the price is even higher now.

[gleach23] 03/2/2017 14:37

yes lovely volume going through - I've bought back in here after the recent update having stalled on buying at £1 in late 2015 :/

[shauney2] 03/2/2017 14:33

Pleny of buyers around today and some big trades.

[rhomboid] 30/1/2017 18:59

Sheesh I'm now a chartist, it appears that I've "bought the breakout" ...by accident !

[shauney2] 30/1/2017 12:09

I would call it very interesting now.

[miti 1000] 25/1/2017 13:29

Personally, I'd much prefer them to keep the cash and make more acquisitions.I think the market would reward them with far better rating if they do so.

[bruceylegs] 25/1/2017 13:26

This will get very interesting if it breaks 200p.

[shauney2] 25/1/2017 12:12

The cash generation even with the recent acquisitions could mean another return of cash down the line.Big volume so far today.

[bruceylegs] 25/1/2017 09:12

"The Group made excellent progress in the second half of 2016" - Mgt finding it hard to maintain a poker face.

[wjccghcc] 25/1/2017 08:15

Likewise. Amazing cash generation.

[tudes100] 25/1/2017 08:05

Had a few more first thing, seemed rude not to.
Showing as a sell.

[shauney2] 25/1/2017 07:25

Very nice short and sweet update.Now into Asia with Aptitude.

[shauney2] 07/12/2016 17:26

Trading update in January i would guess going by previous years.

A couple of nice big trades today giving a boost.

[tudes100] 18/11/2016 00:07

To MCGN Investor Relations....
Morning, Could you confirm whether the company will be issuing a trading update before Christmas as in 2015 please ?

"Thanks for your note.

I am afraid we do not announce in advance the date of forthcoming trading updates, if any.

Let me know if you have any other queries.

Kind regards
Phillip Wood

[bruceylegs] 17/10/2016 15:48

Trading update due soon I believe.