Micro Focus Share Price (MCRO)

nice run on the daily increases!
open high low vol inc%
Sep 20, 2019 1,187.40 1,165.20 1,199.40 1,165.20 633.12K 0.71%
Sep 19, 2019 1,179.00 1,169.60 1,215.40 1,164.86 1.44M 0.49%
Sep 18, 2019 1,173.20 1,147.40 1,183.60 1,127.00 1.81M 0.77%
Sep 17, 2019 1,164.20 1,138.80 1,168.40 1,136.80 1.66M 1.45%
Sep 16, 2019 1,147.60 1,119.40 1,155.20 1,114.60 2.43M 1.83%
Sep 13, 2019 1,127.00 1,126.00 1,138.16 1,115.92 1.52M 0.45%
Sep 12, 2019 1,122.00 1,138.40 1,141.40 1,099.00 1.91M 0.34%

I agree, something is going to happen here and the share value is currently way under valued. Potential strategic review outcomes :
- shift of model to a more SaaS based approach
- sale of non-strategic assets (same as was done for Suse)
- potential sale?
- further acquisition (probably unlikely)

I am sure I read an article where it stated that based on maintenance revenue alone the company was worth £13 a share (will try and find the link).

clearly there is upside here, good news from the strategic review and a solid final qtr and there is lots of upside here. IMO DYOR.

picked up another 638 shares this morning

Could be very significant news shortly. The fact that the company as a whole is valued at less than what was paid for HPE - Autonomy and its shares are trading 3 x earnings, tells you pretty much all you need to know about the share price underperformance. The individual components realistically priced are surely worth far more than 4 billion???? Buying more over time and adding.

Looks like the gradual rise is continuing. Maybe we will break £12 this week. Hopefully positive news on the strategic review will be with us by the end of the month. I’m not sure if they set a timing expectation?