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305 in pre market auction??
CMC THG
Thank f@ck
Why not this is "officially" a hot stock....check the chart!
;)
ExDivi 1/9???
SANTA CLARA, Calif., Aug. 3, 2022 /PRNewswire/ -- CyberRes, a Micro Focus line of business, today announced a partnership with Google Cloud to support the upcoming release of BigQuery remote functions. The partnership will see CyberRes' end-to-end enterprise data protection solution, Voltage SecureData, integrate with Google's BigQuery data warehouse to accelerate and expand organizations' data science initiatives and help companies comply with ever-evolving privacy regulations.
MF FINAL (PRNewsfoto/Micro Focus)
The integration will enable CyberRes Voltage customers to persistently protect data in use, in motion, and at rest in Google BigQuery. The support for remote functions also enables Google Cloud's BigQuery customers to take advantage of Voltage's privacy-enabling technologies. Mutual customers can use Voltage's format-preserving encryption, hashing, and tokenization services within BigQuery in conjunction with Google BigQuery's native security to address strict privacy compliance controls. Voltage's cloud-agnostic and consistent data protection allows all customers to safely use regulated data for analytics across hybrid clouds.
"The availability of remote functions from BigQuery is an exciting and critical evolution of Google Cloud's platform for our customers," said Tony de la Lama, Vice President of Product Management, CyberRes. "The integration with Voltage SecureData means BigQuery will allow customers to utilize and support the Voltage data-centric protection approach for secure analytics, enabling enterprises to accelerate and expand their data science initiatives with privacy by default."
BigQuery, Google Cloud's highly scalable multi-cloud data warehouse, is designed for business agility and allows customers to gain insights with real-time and predictive analytics, access data and securely share insights with ease. This new partnership adds to Voltage SecureData's deep capabilities in securing analytics across data warehouses, databases and data lakes and enables customers to shift workloads seamlessly and securely to BigQuery.
"Emerging threats and evolving technology needs are at the forefront of challenges in cyber security. By making its Voltage SecureData solution available to Google Cloud customers from within their BigQuery data warehouse, CyberRes is enabling customers with the technologies needed to protect their sensitive data while addressing and adhering to current data privacy regulations," said Ritika Suri, Director, Technology Partnerships, Google Cloud.
The CyberRes Voltage portfolio helps secure organizations with continuous data discovery, insight, and protection to reduce risk and enable privacy by design. Organizations can work with high-value, sensitive customer data in its protected state to derive business intelligence without the risk of data exposure in Google BigQuery. The data protection technologies in Voltage SecureData provide flexible implementation and data-centric protection for a
Thanks Denfos. Maybe I should look in the obvious place lol
Strange is was missed everywhere else (inc Time week ahead etc)
An opportunity to buy cheap on a panicked market over reaction imho
Top up time for me
Nuir you don’t buy shares you sell them ? Your a shorter
Unfortunately looks like you missed out again here
I think its badly written and presented which makes it read that way,
Personally I think its because the only real figure given is the 5% increase in costs which obviously comes out of profit but show some positives numbers to balance the update!
Given sterling ,inflation etc 5%+ is to be expected but show more positivity in an update please
Looks like you are right Denfos...ive only just realised. Where did you see this is advance?
UBS cuts Moneysupermarket.com price target to 265 (290) pence - 'buy'
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Barclays raises Moneysupermarket.com target to 230 (220) pence - 'equal weight'
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RBC raises Moneysupermarket price target to 230 (210) pence - 'sector perform'
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Credit Suisse raises Moneysupermarket target to 208 (205) pence - 'neutral'
Ignore Yuri the shorter. Things looking very good @ MONY
Seems to have done the trick. We've gone from -1% to +1%???
1,000,000 vs 1,000,001 that should read!
>That's a rather large nasty UT sell today.
JG68 I dont think you understand what that means?
To put it into context the UT will show as a SELL if the volume of all SELL orders in the post market auction are greater than the BUY. So you could have 1,000,000 BUY orders and 1,000,0001 SELL orders and it will cross at the price at which it satisfies most orders and show as a SELL
14:01 [MCRO.UK] Accelerates cloud and modernization strategies with Visual COBOL 8.0 and Enterprise Suite 8.0 Announced the general availability of Visual COBOL 8.0 and Enterprise Suite 8.0, building on four decades of providing flexible application, process and infrastructure modernization solutions for core business and mission-critical applications. These enhanced solutions enable IT teams to modernize COBOL and mainframe applications for deployment to the cloud at a time when organizations are seeking new and cost-effective ways to deliver on IT strategies through continuous modernization and digital transformation initiatives. Related ( MFGP ) - Source TradeTheNews.com
It's not too much debt on current trends, hence the dividend payment. It's a software business with low capex requirement so more operating cashflow finds it's way to being free cashflow, sometimes even when profit is negative due to a high non-cash amortisation charge from acquisitions. Cashflows manage debt, not profit. Software businesses generate more cash than others so can carry more debt. With another $300m of cost cuts in the pipeline, it looks set to keep churning out $400m+ of free cash even on slightly declining revenue. Forecasts are to keep paying the dividend and reduce debt. (The interim dividend in Sterling will actually be higher if exchange rates hold a few weeks.) Even though revenue forecasts have just been revised down slightly to marginal declines in 2023 and 2024 (possibly as much due to the strong $ as anything), debt is still predicted to fall over $1bn in 3 years, and these are with updated forecasts that will have taken higher interest rate forecasts into account (which have actually backed off a little in the last few days as commodities indices have fallen significantly (10%) from highs two weeks ago). The dividend outlook remains subject to exchange rate movements but is generally stable, and will rise after 2024 if debt reduction forecasts are hit.
Revisions so far have seen little free cashflow, dividend and debt outlook change since March yet the shares are down 25%. It's an overreaction driven by shorters chasing further tech sector collapse victims but MCRO has little exposure to the privacy law changes, and linked ad revenue headwinds, that have hit Apple, Google, Instagram and the like. MCRO is now tempting to yield hunters - a turnaround stock yielding 7%+ while you wait for recovery and a likely much higher dividend later. Okay, one or two stocks of this type might sour but a portfolio of such stocks generally turns out very fruitful in time. Yield investors play the odds, too, and they look quite good here at this price. It will be drawing new buyers in.
And not forgetting the $545m net debt reduction in H1 was after they spent $28m cash on the Debricked acquisition and $48m on acquiring intangible assets (as well as the $65m on the dividend). If they were in trouble, all of these could have been dropped to add a further $141m to debt reduction. Presumably, they feel they are comfortable for cash generation head room and did not need to.
>Revenue missed by 11% previous I think was 5.
In real terms its 7% (6.8% stated) = H1 of $1300m (Vs $1400m 2021)
You only get 11% if you factor in currency fluctuations and digital safe revenue (now sold) - which is comparing apples to oranges in my book. The key is the yoy Revenue target remains unchanged
JG Thats the point. This is a slight half year decline. They have not missed the year target
Forecast Revenue for the year is $2675m (Vs $2900m 2021) so a H1 of $1300m (Vs $1400m) given H2 is generally weighted heavier is still on target ..which is why RNS states
"Says FY22 expectations for revenue, costs or cash remain unchanged"