Member Info for strathy

You don’t need to play this. The board does it for them.
Doesn’t need a take over, not yet anyway. Does need a new board or at the very least a new head. This needs to get back to £4/5 before a takeover of £6.50.
The last time the share price was at this level, the announcement of the partnership with aws brought it back.
The market and many others have had enough of their dwindling sales and further into the future return to profitability.
Though I agree with the multiple sells of 210 it’s not needed.

Year low. Usual 3pm dip but can’t blame the yanks this time. Just bought another bunch to bring the average down. Used the divi money sitting there.
-80 what a disaster this is! Average into the early 4s after today’s buys. Falling knife perhaps, who knows.
Sick sick sick!!!

No news,‘ continual slide. Dire is polite.
I’m many 000s in the hole with this one.
Yet according to the board the plan is on target.
Only hope the new non exec director is really there to take over.
??

Can’t wait to sell up here... poor showing all round and people .. Lee etc still believe in this. Wow...
Truth hurts I’m told.
In general boards are for the investors who obviously want the company to succeed. Think I will stay around to balance the rampers.
I think you’ll find the pandemic bounce isn’t gone. Pre pandemic the average multiple was seven. Currently 10. More to drop for some.
We didn’t get the bounce like every other. That’s the point..
go back and find some exchange crap.... company in decline and at some point sales will stabilise. The can gets kicked further down the profitability road.
All rubbish. Once I’m only -20k I’m off. But that is way higher than the current price.

Micro looking like a safer investment. Now there is a statement.
Lost 90% of its value and its a safer investment.
Too many coconuts in the bounty me thinks!
This is a dog! Board hopeless. Don’t come back with the markets are down blah blah, everyone got the pandemic tech bounce but we didn’t even get the dead cat variety.... oil price ect should be bordering on irrelevant to micro. 90 % work from home. That’s probably part of the problem. Who really works from home “properly”. Certainly not the micro sales team.
Wouldn’t even be best in breed at cruffs. It’s a dog but not a pretty one!
Stephen, for God’s sake. GO

It’s been an excellent buying opportunity according to everyone since £5.50 and £4.50 and £3.50 ... there may be a pattern forming?
My rose tinted spectacles are now clear. Other seem to have deepened. Perhaps I’m bitter?? funny how paper losses can do that or £40k in two days certainly can do that to you. Some can only see the positives however, I can now only see the charts and it’s slide from Ftse 100 darling to heading for the 350.
Excellent 8c divi that it can’t really afford or 6.5p in old money. That is worth around £5k to me. You should see me dancing round the kitchen celebrating. I’m not a shorter and don’t agree with it however, this must have been the best short in the history of shorts. Lost as much as RBS now but took 4 years to do so. Rbs at least had the savvy to clear the board. RBS is now only 22p after share split, stick a zero on etc and in the guise of NatWest. This dog is the same. Massive implosion, huge director salaries and pensions. 10 million the ceo got in his first year.
Share priced halved. I thought that the worst behind us. Nope. Is it behind us now??

Revenue missed by 11% previous I think was 5.
Not quite slowing attrition.

Sorry, I am a sadly a mid term holder of this share. The only reason the debt has come down in the past year is a £375 Mln sale of part of the group. Must have associated costs of 75 as the debt reduced by 300? Mmmm. Clearly, the revenue will also disappear. However, it was a good deal.

You won’t be able to love a cruise with this company but may cost you a couple of holidays.
The debt and the ceo are mill stones around the neck.
I hope they sell something substantial to at least halve what is outstanding. Cannot believe they gave the shareholders a huge divi when saas was sold rather than paying down the debt. Over 2bln sale.
Last year there was a modest increase in debt level.
Their words. Modest was 100 mln.
Anyone not in this directors cash cow.... should avoid. If you need a little push. how can a company increase the compensation of the ceo when the company is losing money?? Beyond madness.
$2.3 per annum and he gets part bonuses! Wowww
Like rewarding a child for not breaking one of the six toys they were playing with.

This dog continues to go walkies. Only another £6k down for breakfast. Perfect.
Stephen must be so proud!!! Pri.....

Don’t understand why people are annoyed with Nuri and peaky? They have stated their respective cases in the past and let’s be honest they have proved to be correct. I hope their current stance proves incorrect and the disaster that is micro gets boosted from something, though god knows what. I have serious reservations about the aws deal. I state this as no news from Micro is always bad news when they can be bothered to release any. I don’t buy it that there is no revenue from aws platform in these terrible numbers. Sadly, my average is in the high 4s having averaged down thinking it’s a no brainer. Pity the only no brainers are the ones who like me averaged down.
I would have liked a stronger statement concerning the dividend. Lowering it only strengthens the short positions. I’d have preferred for them to state we are not paying an interim dividend and will pay down some of the debt with the proceeds and will decide on final dividend when announcing the next set of numbers.
Dividends with micro only offers major capital erosion. It drops the value of the divi the day it goes ex and drops again the day it’s paid. I have received £15k in the past year from dividends but have lost 30 because of them. I’m triple that with the capital losses due to share price.
I can’t be bothered even ranting now.
I hope the next RNS we get confirms the appointment of a new head. We absolutely need change.

Of course they seem confident, it keeps them in a job. Worst managed tech stock on the blue planet.
I’m stuck in this horror story or take an enormous hit. I have more shares than the CFO. That should be another hint.
Pay them in shares and the micro fiasco will change tomorrow.

The price will only rebound very slightly if Matt does all the talking and Stephen keeps his mouth closed.
Don’t recall ever hearing anything optimistic coming from it. Safe pair of hands and all that.
Please leave with whatever self respect you still have and get someone who the city rates.
Do a startup selling smarties and find out how supply and demand works.

Drivel is all he will say!
Small reduction in debt from sale and only the sale. Challenging times, wage increases, staff recruitment blah blah..
what he won’t say and should know by now is the impact AWS is/will have. To not have any detail is beyond shocking.

Finding it’s true value now. Was in the mid £2s prior to the aws partnership announcement. Still waiting on any of that news.. raging!!!

When opu isn’t harping on about will be £4 soon previously £5 and £6 before. You know it’s pants!
Now it’s as expected.
Board should be paid in shares only. Maybe then fiscal decisions would be made as it would actually have an effect on their salary! Maybe next year our share price will look as good as their gardens which will have been tended to as the company hasn’t.

Cancellation of the update the day they were due says all you need to know about this dog! The board have absolutely no regard to anyone except the salary preservation society.
90% reduction in share price.
People tend to forget this was way over £15 when the current ceo took over from his head of operations post. He must have a relative with Gladstone or something.
Too many staff for the t/o and profit realised.
Get the janitor to take over the ceo post. We will at least save over a million dollars and get the same results anyway. P’d off royally

The board is genius. 3 year turnaround plan got them kept on when the should have been relieved of their respective duties. All massive salaries and unbelievably, part bonuses paid whilst capital depletion of share holders continues at pace. Keep new cfo, get rid of the rest. Same rubbish regurgitated. Repeat....... where is anything concerning AWS. It would be good if the analysts on the 1.30 call actually asked the hell is going on.“Why are you still employed Stephen?” Should be Q 1

Down 20 points in the same week preceding the results doesn’t inspire confidence.
Same as going up 1/2 percentage point the day prior.
Poor show, as always.
Hopefully I’m eating my words and doing a 180 on my thoughts concerning the board.
Time will tell.

Wish I’d sold a year ago and never bought back in.
In fact I wish I’d never bought in at all.
Problem with this company is it takes the dives with the market but doesn’t get the full bounce on any return. One of the few stocks that continued to drop during the covid bounce.
One week and counting for the results. Fearing the worst.

I hope you are correct in respect of “can only almost go up from here”. I’m afraid I do not subscribe to this however, I hope your right. Should the update not show any movement toward enhanced sales, reduced debt,‘maintaining margin then, this will test the 2 year low of 247.00. Thought these days were behind us. Nope.