Member Info for PATTS

I've never seen a stock with so much algorithmic trading, literally 98% of trades on MCRO are by bots. bloody crazy

All markets are up over 2% and all of my shares expect MCRO are up by considerably more, this stock is proving to be an utter dog.

We could certainly do with Lewis, Vettel is the most overrated driver in F1, I was gutted when I heard we had signed him. I could even see Lance Stroll setting faster times in the sister car.

3300, Thank you, it's sounding positive

Ermmmm, So who should we listen to? You with zero luxury motor industry/business experience or Mr Lawrence Stroll with many decades of experience and a personal wealth of $2.6 billion. Though one, I'll think about it

MFGX, yes for that, good to read a balanced comment.

So is this the day when we could expect a rerating (either direct) depending on the results of financing?

Thanks for the link, sounds like a good result

Nope, but sick and tired of seeing MCRO fall day after day for no reason despite the positive news about debt refinancing

This is utter nonsense, not a chance it will happen, you honestly believe that Netflix, a company that posted a profit of $2.6b last year can afford to blow over 20% of that margin on a single movie!

The whole first season of Stranger Things only cost $48m
Another very popular series "Sex Education" only cost $20.4m
How many episodes of Cobra Kia would that pay for?

Whatatit,

Your comment is one of utter ignorance! While it is true that some Chinese eat bats and pangolins, it is a absolutely tiny minority, in the regions of a fraction of a percent so to paint all with the same brush and to believe you are superior by virtue of the fact you don't eat bats and pangolins is 100% racist.

I'm angry at the CCP for lying about Corona virus and allowing it to spread out of China, but that's not the fault of the Chinese people.

Citadel Advisors LLC reduced their short position from 1.11% to 1.04% on the 6th October. Lets hope to see further reductions and closures of Shorts over the next few days especially with the apparent NHS news leak that Covid vaccinations could be starting next month

The DWP contract is worth more than STAF's current Market Cap.

Mark,

Completely agree with you re Shorters using algo trades to drive down the SP. Gladstone have approximately 2.43% Shorts which would give them control of about 7.5 million shares; easily enough on these low trading days to control the SP.

Well we managed to finish above 240, lets hope we see a turnaround soon, already made a loss of £10k here when I sold out at 330 to buy back at 289

This is my worst performing stock by a mile since SXX

Nothing here makes sense. All the bad news was in July, SP then had a raise until 12th August when it was at 320s and since then we have been in gradual decline despite the excellent news in regard to the credit extension.

Every company has released poor interim results since 23rd March due to Covid, some with far worse results and outlook than MCRO and yet we are once of the only companies I am aware of that has lost 50% of it's SP since that time. Majority of companies are up 50%+

Black rock manipulating the price?
Not sure where you got that idea from, the ii with the largest short position by far is: Gladstone Capital Management LLP with 2.43% which compared to the recent trading volumes is plenty to be able to control the SP.
A ridiculous amount of trades are automated/algorithmic which always points to a share being controlled by the shorters.

MCRO is a solid business with strong fundamentals that has had a difficult couple of years but looks to be dealing well with it's issues and Covid, certainly shouldn't be down at these levels. Got to turn one day

I'm sorry to say that I sold first thing this morning simply because the chance of getting a deal is drastically reduced and I wanted to keep my profits. If new offer is received a massively diluting placing is guaranteed.

I hope that I am wrong and an offer appears, just to risky for me although if there is a placing I will buy in

The only donkey here is you!

Sorry nearly 1000 deaths a day wasn't enough for you

Wish I could understand whats going on with the SP.

I thought the latest RNS would send the SP rocketing:

"Micro Focus International plc ("Micro Focus" or "the Company") is pleased to announce the revision and extension of its revolving credit facility ("RCF") to June 2024.

In extending the facility, the Board has taken the opportunity to review the Group's borrowing requirements in the light of the strong cash generation of the business. The Board has elected to repay the $175 million of the RCF which was previously drawn as a precautionary measure in March 2020, and has reduced the size of the RCF to $350 million. These actions reduce the Company's gross debt and costs associated with the facility.

As at 31 August 2020, the Group had cash and cash equivalents of approximately $700 million, which combined with the extended facility provides the Group with total liquidity of approximately $1,050 million, with no maturity dates on Group facilities prior to June 2024."