Member Info for PATTS

News on the Oxford Vaccine is due next week and is odds on going to be good.
If that's the case MCRO may well have over done the 906m goodwill charge and with the companies getting back to businesses sales and revenue should increase.

Bit de-rampy today aren't you. First you post unfounded resistance levels and now you are posting conspiracy theories.

The only pattern here is the market overreaction to RNS's over the past 12 months.

Market Cap of only £142m.

Revenues £1b
Operating Profit £257m
Cash at hand £150m

Cesna,

I honestly didn't expect the SP to be where it is today given that pretty much everything in the RNS was expected. Even the announcement of Causeway Capital Management LLC taking nearly a 5% stake didn't help.

Market Cap is now pretty much the same as available cash and MCRO are generating in excess of 3 billion revenues.

Load of BS, I just had a play on "marketscreener" and every single stock I looked at came out bearish with poor support levels which shows how inaccurate it is in the current climate.

List of some customers:
https://www.featuredcustomers.com/vendor/micro-focus/customers

Everything you need to know is here: https://www.microfocus.com/en-us/home

DYOR

Massive overreaction to the interims here. Yes MCRO recorded a 922m goodwill impairment charge but it was the correct thing to do and puts the business in a good place moving forward. No debt to worry about until 2024.

Both M&G Plc and Causeway Capital Management LLC have taken large positions in the company, each with an approximate 5% holding and both bought within days of the interims. Looking good for recovery over the next year

You will be waiting forever by the looks of it as 310p has strong resistance. All negative news is out the way and MCRO is very undervalued.

Looks like lows were hit yesterday. Hopefully the start of a recovery to 500p+

I agree MCRO hold a fair chunk of Debt but that's understandable considering acquisitions the business has made between 2013 and 2017 that have allowed MCRO to increase revenue from 434m to 3.3b and increased asset value 557m to 14.3b.

MCRO has refinanced a large amount of its debt so now The Group has no term loan maturities until June 2024.

MCRO has plenty of cash and liquidity.

Must have lost a few £ on that Sell:

14:29:45 357.596 533,690 Sell* 363.40 364.20 2m

It feels like the SP has been played by Shorts and MM. Let's hope for a good recovery over the next few months. Good luck all

MCRO hasn't seen this Share price since 2006 so here's how the financials compare:

2006
Revenue: $143 m
Gross profit: 131.5 m
Operating Profit reduced by 44.4% to $22.7 m
EBITDA reduced by 42.9% to $24.5 m
cash: $55.9 m
Current assets: 154 m

Vs

2019:
Revenue: $3.3 b
Gross profit: 515.9 m Exceptional items (294.2)
Operating profit 221.7 m Exceptional costs (255.8)
Adjusted EBITDA: 1.362 b
Cash: 576.2 m
current assets: 14.3 b

I normally enjoying watching James Martin but in his latest video, released earlier today titled: "How Aston Martin KILLED The Vantage, And Why Their Future Could Be Bleak" I am more then disappointed that this complete plank has clearly done little research and seems blind to what Aston have been doing: https://www.youtube.com/watch?v=W9-nGgawAQc

How is it possible for there to be two deleted trades, one from Tuesday and one form yesterday:

21-Jan-20 14:22:10 13.00 -250,000 Buy* 12.50 12.75 -32.50k O
22-Jan-20 08:12:18 13.00 -100,000 Buy* 12.50 12.75 -13.00k

IMO There seems to be resistance at these levels. Everyday we have seen intraday gains only to be followed by profit taking and a small retrace in SP. It doesn't appear that we will break 49p until some form of positive news is released.

No ones losing sleep, but honestly what conclusions do you expect people to draw when all of your recent comments contain pessimistic questions that anyone can find the answer to with 5 minutes of research; research that anyone should have done before investing, especially as you said you're a "Bookmaker by trade".

Yes we have probably jumped to conclusions but with trolls like Hawkhead winding up the members of this board it's easy to do and for that I apologise.

The Buy / Sell indicator is rarely correct unless there is a wide spread. I use to get annoyed if the SP was doing the opposite to the Buy / Sell ratio until I realised it meant nothing. best thing is to ignore it.

Simply profit taking, nothing to worry about