Member Info for Bobsto12

Why is it like interserve? It's not a construction company and it isn't building energy from waste plants.

4.3 pcent yield at this price.
Tempted to increase holding but will it go lower?

They don't need to take it, they can just create as much of it as they need. The Joy's of being a sovereign country with it's own currency. I'd be worried if I lived in the eurozone and they start talking about bailing in deposit holders to any rescue.

Some idiotic shareholder organization is calling for the CEO to be sacked for doing this, really I just despair. Murdoch is definitely part of MF's solution to its problems.

Famous last words. Starting to look like very disorderly market that can't establish rational prices.

Sometimes we find things instinctively revolting, perhaps with good reason?it's not something that should be ignored.
Western civilization created the modern world, we didn't do it by eating rats and bats.

Well that certainly puts some perspective on things.

As the statement days most business is recurring renewal of licenses for already installed software.

I think its utterly sensible. Companies need to survive the next six months and this gives confidence it will.
The share price would have fallen by the dividend anyway.
The statement says that so far the business is unaffected so far and their forecasts are unchanged. It's a digital business selling software licenses to
Companies that are going to survive this are very cheap now. Sadly the markets have no herd immunity to panic and there will be opportunities for the brave.

Either something is known about the company or theres some significant unloading of positions. I think (hope) it's the latter.
Given the co has long term contracts I struggle to see why it's been so comprehensively clobbered.

The markets have lost the plot. To be brutal it is the elderly retired who are going to die. Retailers have most to fear not b2b software providers. The economy will recover in a year or two.
Micro Focus operates in US predominately, a vast insular market that that it accesses digitally.
The integration work will finish and at least the company is honest about its problems and is not the slightest bit dishonest. Personally I expect a takeover from a particular company at some point.

My favourite investment.holding up well so far. Sadly others are not.

The thing about really good liars is they believe their own lies

Good move to delay refinancing. Company operates entirely digitally, may help who knows?

As they say diversification is the only free lunch you will ever be given by the financial markets.

Heres a thought. If the contracts for the extra debt ween't authorised properly within the company, is it actually enforceable?
People acting without authority , what is the consequence.

Hard to believe it wont happen now.
Parts are worth more than the whole.

It's not utterly daft to think that the technological communication generally will replace physical travel to a far greater extent than it has. Think climate change emergency digital generation taking control etc.

Just because the discounters deliberately put their stuff in look a like packaging does not mean it the same quality or even made in the same factory as any taste test would reveal only too clearly. I know a lot of people think the look a like packaging means it is the same product but it really isn't, it's just a con for the gullible. I notice brands are starting to litigate about it now.

The discounters sell mostly ****e. It isn't anything remotely comparable to m&s in what they offer as is evidenced by today's food figures. Not a shareholder but you are very wrong.