Member Info for cxs1

And recovering well this morning, which should continue... Trade opened as it reversed through 1180s, holding for 1300-1400/divi.

I'm tempted to start buying at these levels. However, guessing the US is going to put the other boot in today and drop it further still. See how it pans out..

SP heads south today but the position seems to me to be no worse or better than they had advised. No new specifics about actual use of SUSE proceeds assuming the sale goes ahead. Crucially confirmed they maintained the divi level, albeit via new arrangements... The dividend will be paid in Sterling equivalent to 43.86 pence per share, based on an exchange rate of £1 = $1.33, the rate applicable on 10 July 2018, the date on which the board resolved to pay the dividend. The dividend will be paid on 24 August 2018 to shareholders on the register as at 3 August 2018.

Where's this one heading to? 30p before Sept update?! Seems to just drop doesn't it!

I'm guessing this is moving toward 460's as the divi comes into view..similar to last year.

Er, what, someone perceives a broker target as some sort of truth? JPM were at 2500 in January. Virtually meaningless.

Sure that it is shorted, but then many stocks are these days, and obviously it creates excellent buying opportunities. I think the SUSE sale was rather unexpected, and hence is kind of shocking the price down. I would have certainly preferred a piece of acquired HPE business to have been sold off over SUSE, but maybe 1400 German staff weren't keen on Brexit! Sure it will recover, so I will buy another chunk soon.

Another excellent trading day here with wide ranging moves. Afternoon selloff from 1390s upon US open (after recent lows) was predictable, recovering now.

This does seem to be selling off some family silver, but the Linux platform is very mature (albeit nothing like COBOL), so perhaps this is the right time and deal to divest it.

Maybe, can you post the BRXT chart here? Gonna be due a bounce soon.. ;)

Excellent, I totally agree with you Leoman.

That's cheered me up!

Maybe everyone finally filtered everyone else! It was all the rage here afterall! ;)

Results are out, slight increase to divi, which is obviously good to see given on going business turnaround programme..

The Group is in a strong financial position with the current bank facilities recently re-negotiated to give a longer duration and more flexible leverage covenants. For the year ended 30 April 2018, we are proposing a final dividend of 11.6p (2017: 11.6p) which, together with the interim dividend of 6.1p (2017: 5.7p), gives a full year dividend of 17.7p (2017:17.3p) representing an increase of 0.4p on 2017. If approved by Shareholders, the final dividend will be paid on 21 September 2018 to Shareholders on the register on 10 August 2018.

Opened a swing trade today, but might keep long for divi, buying at 1294. I expect this can recover to 1400+ quite quickly with small market sentiment improvement, after a few down days, but will certainly add if it dips further.

Looked like mms were bobbing a float fishing for buyers today to me.. drop the price, pull up a tad, down a bit further again..but I never saw a convincing large trade to justify the overall down trend yet. Maybe tomorrow it will become clear.

I thought the move down was possibly just a coincidence when it started yesterday, but today the bots appear to be selling and drifting it lower again, so I think it's fair assumption that there's a seller or two that awaited the AGM and decided to reduce. Had been at 60 or thereabouts for so long, so no coincidence.

Could this now be picking up due to the imminent results due on 26th following the recent favourable trading update? Only hold a small investment here, on the chance of takeover as much as anything..

*Had*

Has a nice swing trade as SP shifted from -2% yesterday to +3% this morning. Sudden buying pressure might get it through 1400 today?