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Tomorrow, lets see what Stephen has cooked up for us,
GLA LTH A 10% increase in Dividend would be nice???
Down 20 points in the same week preceding the results doesn’t inspire confidence.
Same as going up 1/2 percentage point the day prior.
Poor show, as always.
Hopefully I’m eating my words and doing a 180 on my thoughts concerning the board.
Time will tell.
I hope I'm wrong, but ducking the trading statement and holding on for the actual HY results sent me 'trading not great, but lets hope some good news turns up between now and 22 June' signal. I remain longer term optimistic, but tomorrow is a big test.
Markets going to have a poor day by the looks of it, so not a good day for poor results.
MCRO.UK Reports H1 Adj -$24.4M v -$218.9M y/y, Adj EBITDA $449.1M v $510.7M y/y, Rev $1.27B v $1.39B y/y - Source TradeTheNews.com
- adj EBITDA margin 35.4% v 36.7% y/y
MRO.UK Goldman Sachs Resumed MRO.UK with Neutral -
MRO is melrose apologises just came in after MCRO
These are not poor results. They are F**##@@g S#@# results.
I do like :-
· This improved quality of earnings underpinned free cash flow1 growth of 36.2% year-on-year to $190m (H121: $140m).
· Net debt1 of $3,651m (Oct-21: $4,196m), representing a net leverage ratio of 3.7 times with a 0.3 decrease since 31 October 2021.
Also market may look at "Operating profit of $35m for H122 (H121: loss of $155m" very positively as it never really understood the concept of writing off exceptional items and just saw a loss?
I am not sure what you were expecting but they are not far off what I expected.
Net debt is down but not as much as everyone will like
Importantly there are no changes to the year projected figures.
Profit reported for the 6 months
Turnover drop is larger than I would like.
But the company has managed to get its new systems installed and the turnaround plan implemented within the expected timeframe, at least now they can see what is happening in their company.
There should be a recovery to 400 on these results IMO.
How very unfortunate....
just what i expected at this point, still maintains the Divi, was hoping for a small increase, but hey ho,
GLA LTH
Fantastic results !this is gonna fly in the morning!
What a shame all the deramping
I think I am being sarcastic
Difficult to interpret
I exited the vast bulk of my Micro Focus shares with a profit of ca 7% - I had enough of just so so results