Member Info for Mattyboy-

Thanks Hawi....seems the definition of ‘molecular cluster compound’ is what will make me a millionaire...or not of course.

FWIW...my money is on the shares re-rating.....literally!

THE 'RACY' ONE

Micro Focus (MCRO) 466p. Market cap: £1.6 billion. 12-month forward PE: 4.5

Infrastructure software supplier Micro Focus (MCRO) divides opinion like few other stocks. ‘Cheap for a reason’ is a typical response, which given its debt level and a surprise $2.8 billion writedown of goodwill in the 2020 results doesn’t seem unjustified.

The firm began its three-year turnaround plan in January last year, which was unfortunate timing, but if anything, the pandemic has forced it to grasp the nettle and cut down on unnecessary spending while focusing on key areas of opportunity.

The firm’s new guidance is for revenues to stabilise in the 2023 financial year, while its in-house IT infrastructure plan starting this year will generate further operational improvements and efficiencies.

For us, with the shares down 40% since last February, it’s a binary bet. Either the firm does what it promised which means the shares
rerate, or it keeps disappointing and gets taken over by a private equity firm. This is a high-risk investment and investors should only get involved if they have money they can afford to lose.

Don’t forget they reduced debt by £400M last year and no doubt will look to reduce it further. Debt/divi balancing act. Eventually the debt will disappear and divis will be much higher.
That’s why this is an investment and not a Bitcoin punt.

US not open today. That was Fridays finish.

Thanks SEA7.What a last minute escape that would be!!!

In light of the KBR judgement,is it feasible that Lufkin could alter his plea to not guilty as some evidence may now be inadmissable? The delay is tantalising.

Separate Vertica/Security , list on Nas and reap those big PE multiples.

The boil required lancing.

Divi allows Instis to pile back in on our recovery.

The reason for the delay is explained within the RNS.

After averaging down in the 9p’s, now in profit in both my holdings. Not interested in making a few grand(just checked and 20k up in total) here for the really big bucks on early settlement or case win.
No win no fee IP specialists are in....that’s good enough for me to believe there is a substantial chance of victory.

Companies whose short position sits artificially high as a result of manipulation/hedge fund greed rather than fundamentals will see re-rates as a result of Gamestop.
PFC is top candidate for a correction (along with MCRO).
Buy and hold.

....is going to sow doubt into shorts mindset.

This has the potential to go mental.

....tipped NANO recently......check it out....multibagger coming.

...a large and very cynical carrot is the vegetable of choice.

'Is there a deal to be done before proceedings start'....... I'm sure Nanoco are open to offers.

Will a deal be done before proceedings start?.....I very much doubt it with Samsungs' track record.

Indeed....and Capitalism is rooted in unfairness.It is its' foundation stone.

....if you're out there....thanks for Lamprell....double bagged now. Great tip.

Nobody knows what the SP will do.

I thank you.

Low liquidity will make it harder to exit your position quickly.
If you believe in the share then no worries.

Good luck.