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That's not a problem, keeping fingers crossed the pilot has run its course with minimal issues, and that the full roll out is commencing at pace. Assume we will get an update soon. Anyway used this weeks lows to make some top ups, so came at an opportune time.
Thank you Shepdave, I knew I had read that somewhere, appreciate the post,
Micro Focus are all systems go!!!!!
GLA LTH even further down the road since that update,
Update in Q1
The Group has successfully completed the first stage of IT systems migration in January 2021 with a significant number
of employees now operating on the new IT platform. The remaining teams will be transitioned later in FY21.
Mark,
im sure I read that the HP integration was more or less completed, they now have a working model which has been pushed out , we wont see any more write downs, its all systems go now , imo
GLA LTH USA Markets have responded much better today as well . things looking up another few days and we will get the details from the CEO , im very Optimistic that we are well down the road to recovery , by the end of this year we will see very positive outcomes , imo
opulentia I admire your optimism and I hope you are right re the dividend and replacing the CFO. What I also want to see is clear evidence that MCRO have migrated everything to Stack C. The business will not perform optimally until the HP integration is complete as they are wrestling with two separate platforms . I would not want to see another delay to a project that is already a year to late in completion, I'm holding anyway good luck all!
Thats the clear message we the shareholders want from the Company, those that chew on about the Debt are mistaken, that he debt is being dealt with , it is, we clear a thank off last year and we will continue to do so, as well as returning Dividend payments to shareholders, who in return will grow even more confidence in the Company going forward , at the same time giving shareholders the option to re-invest the Dividend payments back into the Company , which in turn will boost the Sp in the long run, , the Debt isn't due until 2024, we are a 11-15 Billion valuation Company, imo if the Company cuts back the Dividend again Long term share holders will look to other Companies for a return on their investments, Therefore the Dividend is vitally important to those shareholders looking for returns,
The Company wont risk a plunging Sp by cutting the Dividend again, !!!
You will see when the next report is released that Micro Focus has weathered the Covid Pandemic extremelly well , and gained new Partnerships which will bring in Huge Growth Potential , if the forecasts are as good as the Company predicts (with the terms of the deal with AWS) Then we wont only be maintaining a Dividend payment , but increasing it !!!!
GLA LTH A CFO will be announced this year, its not the kind of job that you can just pull someone off the street, we require I highly experienced Officer who the Market know and trust.