Member Info for Lee1235

Ah yeah. Well the problem is debt is only a problem when the SP reduces. When it goes up there is no debt problem. It's why ******ed Chriss disappeared again

It must be magic

So for me I read the report again and a good takeaway is that the digital safe business had a big impact on revenue reduction. It says that SAAS overall would be as small increase if this was excluded. By the may update that's gone. Also debt will likely fall under 3.5 billion this year. The report mentions weaker sales in past impact maintenance. Sales looks to be on the up for new licences so I expect we start seeing some improvement.

I don't see the panic and today is a knee jerk reaction without people understanding the data amd prospects.

People think the amortisation of intangibles is a problem but it's just spreadsheet **** with no impact on cash. That's why the statutory loss means bugger all

Who cares if I'm down? I don't and I'm confident in my investments. Plus I'm not stupid like jw crying over day to day sp noise. I haven't sold any shares in 2 years and I'm averaging 30 per cent increase yearly. Stop been a ***** thinking I care that it's down

You buy a perpeptual licence which you own. Then you renew the support when this expires and this depends on length of sale in the original licence order. This is the maintenance part.

If you sell less licences you have less support contracts to renew so revenue reduces. When licence sales increases the maintenance sales will likely increase qs long as retention salea are good. So licence sales increased didn't they?

I work in IT so I understand this very well and I'm fact the teams I manage deliver the renewal parts etc for the licences we purchase for similar services as MCR

The news was out. Check the November update. If in doubt just sell up and move on guys.

Chriss again stop trying to decramp as always. You are the most stupid person I ever experienced and I deal with stupid people all day long

Maintenance is tied to licence sales in previous years so of course it reduced...

On SAAS read the commentary which explains they been making changes to the SAAS products.

All the news deported today was out in November but people are too dumb to realise this

Matt they know the current cash position ie from october 31st until today and the cash from the smash deal so I would go with the management confidence statement

Also..

"Early indicators of an improvement in financial performance"

Surely that means from October 31st until today...

Same. Ignore Chris's. He doesn't get that the amortisation of intangibles means nothing so think it's an actual operating loss. Also I did some sums based on report and if MCR generate less than 100 mill fcf they will be under 3.5 bill net debt. That's easy to achieve

Agreed. I also think in May we will get a good update. Reckon by then debt will be under 3.5 bill. Thats my forecast. I also reckon revenue reduction will be close to 0 by then!

Check November updates where the results are out

Results are known. There won't be much difference to November update if any. Normally we don't get any new info until May update unless a specific even triggers amd RNS.

The trade updates are always light as they are updates only ffs plus this time there was the separate RNS and call on the strategy update. Still haven't learnt to read I take it.

Sure but in November they announced it would be this

 FY21 Revenue of c.$2.9bn which is a decline of 5% on a constant currency

Only things we don't know is divi and forward looking statement etc. Or even update on debt etc including the smarsh deal benefits etc. Though I expect it to be May when we get that info in full

Andsoforth the results are out from November update as they give what they expect to deliver then. Not sure where those numbers are from below but that looks like half year results only. It should be the full results to the year ending 31st October 21

Chris's no one cares about your opinion as you is stupid

Chris's no one cares about your opinion as you is stupid

Chris's the debt reduced by nearly 10 per cent last week alone. Don't be a ****wit all your life and give it a rest. Aws partnered with MCR didn't they? Oh wait your too stupid to remember that. I honestly do tbget why you bother writing on these forums as people on all forums share the same view so get lost here. You is stupid

For sure. Normally they confirm amount to be paid and when during Feb results.

I hope we get some info on current performance since october but normally that will be May.

Pandamonia I fully agree. Last year I literally did nothing for most my portfolio. No matter what happened I stayed still and made 30 per cent on my SIP and private shares. I'm mainly down so far this year but that will recover D)

Last time I checked there were no shorts at the required reporting level which means they been exiting. Think you are stupid so maybe start reading instead of sitting playing with children

JTan not really. Most these shorts just manipulate the price down by matching buys with sells. I'm invested in MCR and same **** for last 18 months. Shorts exited and and now its slowly climbing. I wouldn't worry about it