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More important, lol
GLA LTH
Usual micro daily disappointing chart prior to news.
Managed to be 6th on the fallers list with no news.
Sick of this dog!
Micro Focus just baffles me - neither the rises nor the falls can be linked to any news or developments…
I am in profit and will stay the course but really feel this stock is beim played with.
Well done Henry.. you and the CEO are the only ones in profit with this horrible share.
Hi Strathy, All down to pot luck… even though I am in profit my patience is wearing thin…there were other stocks that I contemplated moving/allocating funds to but stuck with Micro as I expected a rather higher return…just look at the chart…it was at ca 1100p and now cannot even reach 600p even though it is an IT company….give me a break.
Worse than that.
Was over £20. Shot too high and got battered.
80% implosion of price since ceo took over. I will wait till 22nd and see what wonders come out. If no sign of improvement, I’m off.
I’ll be nursing a very large loss, at the moment its only a paper loss, or that’s what I keep telling myself.
Just not willing for another update (sorry we don’t do updates for investors) and tell myself the next update is the one we’ve all been waiting for.
Next one is the last one for me unless there is progress.
An average update will see this get savaged even though all the rubbish is priced in.
Too much debt, too many staff, too much board incentive payments that are paid regardless, too many over heads and declining t/o. Think that covers it?
Strathy - first of all my full sympathies. I stumbled upon Micro and bought in at ca 1100, bought another tranche at ca 800 and major tranches at ca 310p and ca 270p level - by that time I was thinking “well this cannot go down much from here”…
Like you (even though in profit) I have not been too impressed by the communication but even so I believe that senior management is addressing/trying to address the challenges of the business. Sometimes a not so flashy media savvy CEO is better for the actual business than someone who can work the City and PR but does not deliver.
Like you I believe that now the time has come to deliver…but investment decisions should not be taken from an impulsive reaction.
I agree that the City and many investors (including you and me) will listen carefully to what the CEO has to say because it has been some time since we heard really good news. The fact that the current share price is low and that the current CFO bought significant amount of shares at ca 340p in Dec 2021 gives me the sense that we are near the support level anyway when looking at today’s price.
I hope Mr. Ashley was correct in his purchase. I suspect if he didn’t have skin in the game as cfo there would be a bigger cloud over the company.
Would like him to add to his position. He could buy direct from me. I have twice the amount he does.
Oh dear!
I like you did average down, thinking can’t go lower than this, repeat, repeat.....
Strathy I have averaged down with another company so in another quarter share the feeling/pain.
Hope that your portfolio is blue in other names - and who knows that Micro finally gets its act together.
Vertica and Vcinity Bring Faster Access to Intelligent Insights On-Premises and in the Clouds
06/06/2022 3:00pm
PR Newswire (US)
Micro Focus (LSE:MCRO)
Intraday Stock Chart
Monday 6 June 2022
Click Here for more Micro Focus Charts.
Enterprises get real-time access to distributed data, no matter where it is
SANTA CLARA, Calif., June 6, 2022 /PRNewswire/ -- Vertica, a Micro Focus (LSE: MCRO) (NYSE: MFGP) line of business, today announced an integration with Vcinity to deliver faster processing of intelligent insights, whether on premises or in the cloud, without moving the data. Vcinity's patented data access technology enables Vertica's advanced analytics and in-database machine learning platform to operate on geographically dispersed data across hybrid cloud environments as if Vertica clusters and its data were co-located. This approach delivers local-like performance regardless of distance or latency and enables data-heavy applications to access data in real time, where and when it is
Micro Focus Announces New SaaS Capabilities for Network Operations Management (NOM)
06/06/2022 2:00pm
PR Newswire (US)
Micro Focus (LSE:MCRO)
Intraday Stock Chart
Monday 6 June 2022
Click Here for more Micro Focus Charts.
Latest NOM release features enhancements to troubleshooting, reporting and dashboards
SANTA CLARA, Calif., June 6, 2022 /PRNewswire/ -- Micro Focus (LSE: MCRO) (NYSE: MFGP) today announced the availability of the latest version of its comprehensive Network Operations Management (NOM) solution for enterprises, managed service providers (MSPs) and government agencies. Micro Focus NOM 2022.05 has several new features and capabilities, including an offering that provides powerful troubleshooting, dashboards and reporting capabilities of the OPTIC Data Lake with the ease of a software-as-a-service (SaaS) based delivery.