Member Info for Marko61

Not the greatest communicator, to be fair English not his first language. I've been in for a small chunk in my SIPP and wife's ISA. Lol watched QBT fluctuate and rashly promised the wife a nice holiday at one stage post last RNS. Well time will tell it's looking like a pup right now but fingers crossed, either way I've bought worst duds than this in the past.

sorry - to finish I want to see confirmation that we are fully integrated on Stack C - it has taken too long imho,anyway good luck all

Been in these for 18 months or so now, what a rollercoaster sp! I'm just on break even and obviously will hold and re-invest the divis. Lots of positive RNS recently, hope we will get a good update this week and somewhere buried in the detail I

opulentia I admire your optimism and I hope you are right re the dividend and replacing the CFO. What I also want to see is clear evidence that MCRO have migrated everything to Stack C. The business will not perform optimally until the HP integration is complete as they are wrestling with two separate platforms . I would not want to see another delay to a project that is already a year to late in completion, I'm holding anyway good luck all!

Me too, another small dabble at 0.0145p GLA

Been lurking on this board for a while, couldn't resist dipping in a toe yesterday! Looking good so far GLA

I've been holding MCRO since early 2020, bought in too high originally but now averaged at 404p so I'm happy we are seeing some progress. Someone posted about the platform integration, yes it is still a work in progress (I have a contact who works for MCRO), the HPE products still have to be cutover (they did the MF products in Jan). As far as I know the first phase has been completed successfully and the HPE cutover is targeted for May 2021, but having worked on large projects there is always a risk of further slippage in my experience! However, I think the general picture is positive and the restoration of the dividend at 11.3p is a good start, I'm in for the long term and really don't want a takeover even though it would mean a short term gain, I think this company is a great recovery play. Anyway best of luck to all LTH.

Thanks for posting tis link. Article is ok but needs to be accurate 'Micro Focus has decided to reinstate its dividend, with a 15.5 British pence ($0.21) per share final dividend payment proposed' is wrong , It is 15.5 US cents per share dividend which is actually 11.3p, which is what we will get in UK.

Not far off with your target AKGold! I must say I'm pretty pleased with the market reaction today. Read the results with some nervousness at 0700, when I saw the impairment figure - big gulp! But the general update is pretty good, I'm in for the long term and like you I see potential for MCRO to go much higher this year re price recovery to last year's levels. Looking beyond that this company has a way to go there are key products e.g Vertica that could propel the sp much higher imho

I agree 15% off the sp seems over the top. I got in at 60p so still a small profit! Holding as I think this company has a future and its definitely positioned for online growth when that returns. Even if you factor in people not buying clothes in lockdowns they will when some sort of 'normality' returns and I'll wager it will be increasingly focused online not in physical shops. Also, there's the diversification into non apparel which is already showing encouraging signs. One thing that is a worry is the declared supply chain problems, that hopefully is a temporary issue but it has to be sorted. Anyway good luck to all, hold your nerve!

Yes I'm holding too for the same reason. The Blackstone bid is in USD, I think it's $517 a share , so we are subject to swinging currency valuations but as you say the SP is holding above the converted price and the market seems to be expecting a higher offer, we'll see fingers crossed.............

Looks like we have a bidding war on our hands!

https://news.sky.com/story/carlyle-hires-banks-for-rival-3bn-signature-aviation-bid-12181661

Looking good risen to over £4 now, Blackstone bid at £3.86 with board recommendation I'd assumed it would trade around that level, looks like there is another party interested perhaps? Sorry if I've missed who it is, can't see any info in the share news

Wow I just read some of the exchanges on this thread, lot of cat fighting going on! Jeez guys we all have an interest in MCRO or we wouldn't be here but let's try and keep it civil. For my part I am now up about 10% on my holding after getting in at £7.50 earlier in the year and buying a few tranches on the way down lowest being £2.55 so my average is £4.04. The HP integration has been MF's Achilles heel but what I would say is that there is still a strong market for HP software e.g tools such as ALM & Quality Centre etc. Yes these are seen as 'legacy' but MF is integrating them and improving them. When I started using testing tools 20+ years ago something called Mercury Winrunner was in use to automate GUI tests- guess what it still is! It has been rebadged a few times but MF now include it as part of their UFT suite, tech evolves. I still think MF is good recovery play and I'm certainly not selling.

Hi all, I'm a new buyer today at just under 60p. If you were an existing holder 57p rights looks a nice discount to me. I think this is a good play for medium - long term recovery, 92% digital it's the way forward, good luck to us!

Also bought a few more at 361p, averaged down to 404p now confident this will go back up, dyor cheers

Camkite I just love it when I see a broker recommendation that is so out of date e.g someone writes a piece on a share in October price target 600p (revised downwards) and by the time you read it its already sub 500p! I just don't see any point in them unless you have a hotline to the pundit (assume at a premium cost?)

Mark, I have everything crossed for a decent update and further progress upwards in the SP this week. Still holding since the £7 days though I have averaged down now to closer to £4. My wife worked for MCRO as a contractor earlier in the year and there were plenty of orders coming plus the repeat business so I thought this was a no brainer - lol that's why I'm not a great stock picker! Good luck to all (unless your a shorter sorry!)