Member Info for bountyhunter007

I have also been paid dividend in my IG account, and transferred it to saving account already... It seems 12th march ex-div date mentioned in results is an error... SP holding well considering dividend is already in account.. I was expecting it to be dropped by 10p...GLAH

This time i would agree with the post....it quite eloquently put predicaments of PIs is words....I am victim of pretty much everything what has been mentioned.....An ordinary investor with 10-15 yrs experience could relate with it much better rather than someone new to investing.....CfD rules were quite ludicrous for an ordinary PIs with them carrying risk of lossing more than what they have in their accounts...Twice i paid up from my saving account for the negative balance.....its much better now with revised rules where they cannot ask you for anything more than which is in your account.

Different things work for different people... There is no one size fits all as we all have different thinking, temperament and risk appetite.. Its no golden rule that only long term investment yield good result.... If you don't believe me go and check people who invested in BP, Rolls Royce, Carillion, Capita, Interserve, Tullow, Premier etc considering long term prospects... Trading with short term goals certainly pays rich divided with lesser risk of losing most of your capital... If % return is the criteria then perhaps my returns just by trading MCRO with using leverage is better than me waiting for it to hit 1000p...so everyone needs to figure out what work best for them..

Who would hang on for 12p dividend when one can make 20-30p simply by trading

Will take 8 trading days to reach my selling target of 525p...it has been a roller coaster ride... I boarded off the train during last leg up.. However last fall tempted me to buy back in.. Averaging 450p now... 525p would do nice for me can't me too greedy.... Will take profit and move into kier for long term growth... MCRO is too much roller coaster ride for me... It moves 5-6% in a blink of eye... GLAH

In the end it was not as bad day as it looked in the morning... But SP action has certainly aggected my thinking... Next time when I am offer 525p I will take it??... Some wise man once said one can always buy a share cheaper so selling at profit is never a bad decission...

It's looking more and more like a divided trap atleast for nest 6 months... Every now and then they find themselves in some sort of difficulty... No wonder institutions are not loading up...

As I have always said it has been a leaky ship for a long time before any good or bad news... But I keep forgetting it..... Decided to load on Friday when I should have anticipated bad news based on my experience.... Lets hope it can recover from this debacle... GLAH

Took the opportunity of today's drop to help myself with another 5k shares... Time will tell how will it trun out... GLAH

All I am saying is somebody with more financial Clout than all PIs combined will be ready to play the situation.. You can't be so naive to think it's a level playing field and SP are never managed... How else hedge funds make money...

It wouldn't be first time, wouldn't be last... Happens all the time... Proving it is difficult and FCA have many other important issues to deal with...

As some people have started sniffing MCRO a takeover target (it's not too far fetched after AWS deal)... The issue I have is in such situations SP is managed very well be parties with vested interests often in lower direction... This causes harm to most of retail investors as news arrives when they least expect it.. Anyway let's see what next few months can reveal but I wouldn't be able to hold if it drops below 450... GLAH

I am surprised with today's share price movement as this news is not new. It had been known to us although its the first time its announced through RNS. Anyway I can't complain much as I am looking at healthy gain which is nothing but a coincidence as I decided to move on from MCRO after realising profit during last leg up. The retrace to low 400 made me change my mind and I bought back more than my original holding.... Will not wait for quarterly update to decide next course of action. GLAH

As I guessed 420-25 appears to be new base... From here we should hit brokers target with another set of positive quarterly update...

We seem to have reached new bottom considering SP is quite stable today compared to negative market today... We now need something to have next upward movement... It coukd happen closed to exdiv.. GLAH

I would assume that target price will move upward with increased dividend.....I can't see how dividend can be so low with so much profit and FCF unless both dont exist in reality which is unlikely as MCRO has had a history of paying big dividends (bit like wirecard).....management is only waiting for pandemic uncertainty to get over and we should return to higher dividends...

I was not expecting this retrace after the results, therefore I have decided to hold once gain for the following reasons:-
1) Dividend is well covered by income/profits, 2) Most of HP integration costs have been incurred, therefore I would expect profits to improve further 3) Debt is only going to come down due to FCF/profits 4) last but not the least I believe that goodwill write downs are done and dusted, any further write down would mean MCRO should sue HP just as HP are pursuing Autonomy management.....any further goodwill right down would make me crazy considering HD paid $5B for Autonomy and MCRO paid $9B for combined HP and Autonomy business......GLAH

I forgot to mention in my previous post that i struggled to close my shorts which I opened today for quick trades...it suggests shares have been in demand for throughout the day and it bodes well for SP direction in next few months.....its just shame i lost nerve in morning's frenzy....GLAH

with such a wild swing in SP...I must admit i SOLD at whatever price i could in morning after opening bell mainly after reason approx 3B write off which always concerned me.....15P div reinstatement save day for us otherwise it would have been quite brutal..still remeber market's reaction after 900M write off......i did open few shorts during the day and i was lucky to close all of them with some profile (£3K) but if i would have just stayed in the game i would have been much better off......i think my journey with MCRO ends today...it has been quite a roller coaster ride.....never made any sense to me why a Company with more than 1B in profit can trade so low.....may be bcoz of lack of confidence is business, and constantly declining revenue is not helping.......I may decide to few trades but with much smaller holding, and perhaps time to focus somewhere else now...GLAH

Considering MCRO had been bit of leaky ship in past before results or important news.... I am inclined to think results are better than expetation... Fingers crossed..