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The Business is performing well, Contracts are being won, migration to the cloud and the security part of the business is performing much better , that's where the growth will come from over the next decade, and if your here for the long run, buying at current prices will reap huge rewards imo, and a nice dividend to look forward to is why im staying put,
GLA LTH No need to panic the Sp will soon bounce back over the coming months
You cannot believe that.
There’s more chance of your namesake having off springs in London zoo.
Maybe, they thought it will go way down with us at the helm and we can get in at a third of the price?
In my experience people do not give money away. Therefor the directors previously thought the entry was good and the “plan” would work. These lot don’t. Dead money till 2024 (mine included).
Director deals give confidence to us mere mortals .
If they are selling parts of the business and in negotiations they cannot buy shares in anticipation of announcement as thats insider trading. They just sold a division for 330m That might have taken a year to close. There is also likely other divisions they plan to sell off so they cannot buy or sell now because they will be party to those negotiations also. Director deals are not a good indicator given that previous directors bought massively in to the decline from 2000p to 1000p.
Directors can only buy via Pre agreed schemes?
Eh....
Close periods are the times when shares cannot be bought by an informed employee.
Last director trade that cost money was October 2020.
I’ve stated before close periods vary in length depending on how reporting has gone. After any news is offered to the market it’s open season.
Perhaps, and maybe just perhaps they are bright enough to allow us cash erosion and save theirs until this starts with a 2. Which until very recently I thought was never going to happen.
Oh this is funny!
Or it would be if I wasn’t down so much.
We are a listed company and the market cap is based on the current price. Nothing more.
Everything else is your opinion and though we all really believe this has been way oversold we are here now. Valuations, Fcf etc..would only be relevant for sale purposes. (We can all hope)
I'm here for the long term and I believe yhe price is low now vs what it will be in 2 to 3 years. I'm ok waiting that long and wheb I have spare cash I will buy more shares. I do feel if you have different time horizons but then you need to be careful
Just because I don’t like seeing my money evaporate. I now have to follow your business model. I’ve been here since the ceo started to write cheques his brain couldn’t cash! We all pay the price,
Including you, as you say ffs!
How anyone can defend such a implosion of the price is beyond me.
I dont think anyone should listen to you. Clearly no idea what you talk about. Valuation is an estimation based on a number of factors and by all traditional metrics MCRO is massively undervalued. Look at the FCF yield or the future potential earnings from AWS or growth in its security and data divisions. Even by simple future revenue its dirt cheap. The other point about director buys is most likely due to a lockout of insider trading due to sales of assets or even potential take over negotiations. Nobody knows. Directors are only allowed to buy in these times via pre agreed schemes. MCRO is in a turnaround and transition period and this is painful right now for investors but im happy getting paid 6% dividend whilst i wait for better news which im confident will come.
Market or some shorts using weakness to get the price down?
You shouldn't invest with money you need short term! That should be rule number 1
Actually Lee,
Yes it is. Why, because the market says so.
What we have been since Friday and before is “ over valued”
What the company has told us is your money is dead for the whole of 2022 and all of the following year.
Then we see a small 1 -2 % growth.
Markets love dead money!
Can’t wait!!!
I had been warning on Mcro for ages.... I do feel for shareholders. I think it is undervalued at £1.1 billion - sales decline has been almost arrested and dividend being paid. Should recover in time - I hope!
SP isn't business performance ffs . Please learn this.
Is the business worse 6 per cent vs Friday. Answer is no
This has been in free fall from the day the ceo took over. £19 down to £10 on his first day.
Whilst I don’t blame him for that. We need a 200 % lift to get us to where it was on his second day.
Clearly his and the board salaries are not performance related.
Still no director buys at another year low price.
Rubbish.
It’s not an answer to stop a fall but is a counterbalance
Exactly, nice juicy dividend but you might experience significant capital erosion as a result.
The way I'm feeling I'm just praying for an offer right now.
Current management team do not appear to be competent and able to uplift the SP or benefit the shareholders and lacking positivity... i am sure shareholder have the right to write to the CEO asking questions about the company performance and the fall in SP all year so far. Would encourage all concerned to write to the company raising concerns on investments. You probably won't get any response but will raise eyebrows i reckon. Just an opinion.
Better qualify the last statement. Not ageist whatsoever. We are “dated”
Trust me, the dividend won’t be the drop today alone. Capital erosion is all that matters. We absolutely excel at this.
“Excel” that’s a good word. Excel was new when our
Board had dark hair!
I wonder if they'll cut the divi again... some punters on here believe the money would be better spent on debt reduction.
well at least there's a juicy dividend now to support the drop.. could be a good opportunity to load up, during the 2020 drop there was nothing to support
Goldman have actually said buy with a £4.50 price target obviously down from £5.10, but if the company results are good during next reporting this will jump and a rerating will take place i believe. This is a golden opportunity to get into a good software company.
GOLDMAN SACHS CUTS MICRO FOCUS PRICE TARGET TO 450 (510) PENCE - 'BUY'