Member Info for Montyhedge

https://www.***************************/micro-focus-international-plc-26-3-potential-upside-indicated-by-barclays-capital/412841191

Cash they have is nearly the whole market cap of the company. So is the market valuing all their businesses at zero. Seems crazy to me.

Incredible the valuation now, looks like the bears are in complete control.

Good post Patts, puts into perspective what good value Micro Focus are.
Like Buffett said the market at first the stockmarket is a voting machine, but in the end its a weighing machine. In other words fundamentals show through in the end.

I see to hedge funds short of over 7m shares, good luck boys trying to buy those back, if the figures on the 7th July are half decent. Of course any kind of dividend shareprice would be nearer 600p. But seems opinion 95% think no dividend, let’s wait and see.
https://shorttracker.co.uk/company/GB00BJ1F4N75/

87% discount to fair value, should be nearer 1000p.
7th July interims, about 95% seem to think no dividend, but I go with the 5% who think a chance.
Shareprice will take off if they even paid a token dividend.
https://seekingalpha.com/article/4354160-micro-focus-international-is-value-play-present?mod=mw_quote_news

Good article in Share Magazine on their refinancing, looks ok until 2024. It’s a cash cash boys.
I would say 550p coming.

Great write up by Evil K yield could be 30% this year. https://masterinvestor.co.uk/evil-diaries/evil-knievil-christmas-present/

It's seems the dividend is 0.77p sterling, have I got that wrong that's about 22% at 33p yield on this payment alone.

Today's figures beat all expectations, revenue per passenger up.
Broker upgrades must start coming through.

JP Morgan today, Top Pick BUY IAG 70% upside. Brokers buy notes coming through now.
Threat of pilot strike holding share price under 500p, when deal agreed straight through to 515p.
They won't strike. In my view.

I see Daniel Slater at house broker Arden Partners has doubled his target price to 450p from 230p, NAV 537p with oil at $65.

That will be nice 700p.

2nd August will give us a view how things are going, I expect bumper figures looking at the last six months traffic and capacity reports. Pilot strike possible, but all in the price thats why 465p and not 565p, they have been over 700p earlier this year.
Weak pound helps our dividends to be bigger and of course profits when converted from euros.

Your be waiting a long time will never happen. My guess 450p ex div, so equals 492p before next Thursday.
Record profits, record revenue when oil was 80 dollars last year, Brent at 65 dollars margins even better.

Lol evidence, don't be a idiot have you got proof your view its going to 400p, its all gut feelings.
But one fact the dividend will be in the bag on the 8th July. Income boys don't care about hourly movements, all they want is a nice dividend.

Lol, you better go short then. Walsh had to sell 1m shares for a divorce settlement, he still got millions.
They go ex div on the 4th July around 42p net sterling. Income boys don't worry about hourly price movements, all they know they have a special and final dividend in the bag or bank 8th July.

Ex Div 4th July, paid 8th July, quickest payment ever. Looks like around 42p net sterling price, we want the pound to fall against next week, make our sterling payment even better. Lol

The special dividend the 4th July, no witholding tax paid out of reserves, nice one Walshy.

Last May 2018 Brent 80 dollars, record profits, special dividend and rise final dividend, so at 60 dollars should be even better.
Looks like strike ballot by staff, Walsh is tough but not stupid a deal will be done, last timer went to three days before set to walk out, then deal done. Its a game chicken with the unions.