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has been overdone, imo nothing like a potential war to scare the markets, ah well looking forward to the Dividend to help boost the Portfolio
GLA LTH can someone start the Bidding war rumour , LOL
Ironically a cold war with Russia could be good for MCRO according to the TImes:-
Could Russia launch cyberattacks against the West?
Yes. The National Cyber Security Centre, which is part of GCHQ, warned British firms and other organisations to take steps to boost their cyber-resilience in response to the situation. So far they say they are “unaware of any specific cyberthreats to the UK” but this could change in the event of western sanctions against Russia. It highlighted an attack by Russia on more than 70 Ukrainian government websites and said it had long “observed a pattern of malicious Russian behaviour in cyberspace”.
Experts believe that the UK’s critical national infrastructure, such as the power grids, is well protected against malicious state-sponsored cyberattacks. But this has never been truly tested and there is a level of uncertainty about the level of capability that Russia has.
Been watching this with interest for a while, seems to be getting fundermentaly stronger, but can't shift from this trading range..
Will probably grab a position when Putin presses fire.
I got this share between 215p and 400p mostly. I dont see anything bad enough to warrant a 90% discount on its value compared to others in its market. The debt isnt even that big compared to its actual real market value and FCF. Its just been pounded down and thats great for buyers. im getting 6% from my original investment which can be 2-4x that value in 10 years time. thats a 20%+ divi on my original investment and multi bag return on SP in 5-15 years timeframe.
yeah just $4 billion in debt and sales declining year after year whilst still paying a dividend. Buying into this people need their head examined.
Nurifool is back yayyyy
Didn't debt reduce 10 per cent in jan alone or were you too busy playing with kids to read that
Peaky, if I was out this share I’d stay there for the time being, it has more to drop. The yield is attractive for those looking to get “free money”.
Don’t be fooled. The share price will drop twice the amount that is reflective of the dividend. It always does! Everything Nuri has stated is correct. Debt level, declining sales etc... I haven’t traded this share but can certainly understand those who do.
BIG rises followed by falling day after day... this is regardless of market conditions. This is an unloved stock and doesn’t take much to drop like a stone.
Debt may have went down roughly 10% in Jan? Due to sale of a division.
If captain pugwash can right the ship, there may well be a seriously undervalued stock. This will tread water for at least 18 months. Then, it will either disappear or rise to £10.
You could make the increase in a week if brave enough. Buy Evraz and if Russia pulls back there will be 100% rise in this FTSE 100 co. If not, then we are all in trouble anyway.
Strathy.
Why is MCRO worth 10% of splunk when both declined 5% in 2021 and MCRO makes more FCF.
If you can answer that one I might take you seriously.
Strathy...the sale of a division which generates what 100 mill and is declining 11 per cent per year. Without that the saas sales were a very slight increase which shows good progress! Can you say this isn't good business for MCR? For me it's it's great thing and shows the BOD will bin dead weight.
Nurifool is a fool and that that. He come sout when the stock declines...there is a risk of ww3 so is anyone surprised that the sp fell? Seriously my portfolio is ****ed atm but that's just how this works day to day.
What’s the big difference between Splunk and us?
Where were listed Panda. Gave you the answer so as not to interfere with your home work.
I happy to exchange insults. Just try and be funny, we may as well offer some entertainment to the others on the board.
I find it hard to understand why some think everything is rosey here! It will be £5, £6 or more soon. Total nuts!
Strathy.
Sorry but do even watch the US markets? Some Nasdaq shares are down 80% in 1 day. 2 billion is a small cap stock in the US and they have been HAMMERED since Jan 2nd. Micro listed on the NYSE does 65% of its income in the USA. Most stocks are trading back at 2019 prices and some record lows with IPO's selling off to almost zero value.
Splunk 2.2bln Rev (-5.5%) . COGs 414m
Micro 2.9bln Rev ( -5.4%) COGS 313m
Splunk Margin -29%
Micro Margin 36%
Net FCF over 20,21
Splunk - -600m loss
Micro 700m gain.
Micro will recover or get bought out. both lead to massive profit.
Panda,
The question asked was why is there such a disconnect between the two companies. I gave you the answer. As alluded to previously Micro had none of the surge experienced by almost all stocks and especially those tech related which were carried on the euphoria of others across the pond. Splunk falls into this basket.
I agree entirely with the numbers but to compare is totally irrelevant. We are a recovery stock. Many, many poor reports have stalled the recovery.
I put down to poor leadership and direction, you and other don’t. Your prerogative.
I think it was you who stated Goldman were brought in for advise which Steven is following? Mmmm
If your CEO needs advise on how to turn things around, you need a new one. He will dance to whatever tune needed to keep his £850k salary and bonus! Fascinatingly, he qualified for around a quarter of his bonus. I read that as 3/4 miss of target and why would you be rewarded for what did go well?
A COO is not a CEO there are loads out there. You don’t need to know the company inside out to improve it! Re Goldman!
Strathy, thanks for the reply.
CEO last bought at 333p ish, that will be my entry point.
If it doesn't get to that level, there's plenty of opportunities out there.. ATB
Sorry but thats wrong. Splunk was trading 100 USD in 2018. Thats 4 years gains wiped out in the US. 200USD to 100 USD. There is a professional money stock bubble in the Nasdaq and its been correcting for 2 months.
Splunk is still worth 20 billion USD. Has worse financials than MCRO and had to sack its CEO last year.
Buffet buys undervalued companies because thats how you make money investing. If you think MCRO is worth 2 billion USD with 2.9 billion revenue and circa 400-500m USD FCF you are a fool. If they can sell 90m revenue for 330m that shows you the value of their revenue on the real market. Not the stock market which is a product of speculation and fashion at any given time. This is why even Facebook, Tesla and Netflix can lose 30-50% of their value in days.
Lol..
why are you so concerned with an American share?
As said, it’s irrelevant what Splunk is doing or valued at, to me anyway but not you.
Guidance is everything and ours is very poor.
We are undervalued but as heralded by some and ignored by others we have a fairly chunky debt in comparison to our turn over. Perhaps, just perhaps this is why?? Oh, I know we are paying it off..... blah blah.. why are we paying dividends and not paying down the debt should be the big Q for private investors. We are also one of the biggest fallers today. Along with companies with a vested interest in Russia and or travel. Both those sectors can be explained easily due to current hostilities. We just like to fall!
Because it directly competes with Micro which is also listed in the US and 65% of its revenue is in the US. MCRO traded at 25 quid a share and was both on the US and UK market. So clearly that is not the real issue.
Just wait till the Nasdaq opens up. 6% decline is nothing compared to what you will see over in the US tech index. Micro has barely moved in 12 months but the average nasdaq stock is 50-80% down. Even the big ones are down massively.
If you dont like the stock why are you here?
Locked in I’m afraid. 60k paper loss as of yesterday. Substantially more now. Almost sold yesterday, hindsight is a great thing. Been in this for over 3 years and looking forward to the day I’m not. I thought I had timed this correct . Share price had lost 60% of recent highs and thought the bad news was out, Steven came in 3 months later and no hope has been offered from him, only more descent into the abyss.
What have I learnt over this period?. If a share goes down 90% do not be under the illusion it can’t go another 90 from there.
When I get back to 50k down I’m out!
I’ll use this as an offset for tax purposes.
Not sure there was any good news 3 years ago. Hard to see if fall this much but thats what makes it a good buy today. Good news is due November 2022 i think. Once you sell up though it will likely recover more and you will lose 50k the other way.
It’s only money and as much as I’m fuming the way this company has been run, micro and the money I have in here won’t change my life if it goes pop. There is a very big grey cloud hanging over my kids and every other throughout the world. Delta, omicron now this. I fear for their future.
Won’t be posting for a while as it is trivial compared what’s going on. Gla
Blimey, my whole portfolio is down 9k, and thought that was bad..
Hey, good luck to you guys..