Member Info for strathy

Good to see you back Op, your optimism knows no bounds.
If it was a good yield before, it must be a great one now. What a dog this is! The 250 falls 2%, good old Micro -5% mmmmm. A good update gets to £4
This is getting close to being priced to fail and I am getting close to taking a big hit on this and leaving the worst board in history in my rear view. I will wait for the 22nd, like everyone else and probably go to the pub after!

I hope Mr. Ashley was correct in his purchase. I suspect if he didn’t have skin in the game as cfo there would be a bigger cloud over the company.
Would like him to add to his position. He could buy direct from me. I have twice the amount he does.
Oh dear!
I like you did average down, thinking can’t go lower than this, repeat, repeat.....

Worse than that.
Was over £20. Shot too high and got battered.
80% implosion of price since ceo took over. I will wait till 22nd and see what wonders come out. If no sign of improvement, I’m off.
I’ll be nursing a very large loss, at the moment its only a paper loss, or that’s what I keep telling myself.
Just not willing for another update (sorry we don’t do updates for investors) and tell myself the next update is the one we’ve all been waiting for.
Next one is the last one for me unless there is progress.
An average update will see this get savaged even though all the rubbish is priced in.
Too much debt, too many staff, too much board incentive payments that are paid regardless, too many over heads and declining t/o. Think that covers it?

Well done Henry.. you and the CEO are the only ones in profit with this horrible share.

Usual micro daily disappointing chart prior to news.
Managed to be 6th on the fallers list with no news.
Sick of this dog!

Quite alarming that the share price has halved since the ousting of the board over a year ago.
I’d challenge the new CEO’s credentials to run a listed company however, Gary Channon needed to get out and Kate Davidson was his choice for COO only recently, something fishy here.
When you think his whole speech and courting of the investors was to increase the share price. Their new strategy is dodgy at best. In essence they have cut the price of their funerals to match the market average. All that says is we have been profiteering from families grief for the past 15 years and now we can’t do that anymore without market share implosion. Doing more funerals now but margins have been hammered.

Any long term experienced staff are looking for the door and accepting redundancy. Loads of people have left this company.
Don’t know what I’d expect the share price to get to when the strategy is fully run out but won’t see £7 for a long time.

More a grimace on my face for the past three years than a smile.
Amazon is a super tanker. We are nothing more the tug boat pulling them. Three year turn around plan is more than 2/3 done. I will be pleasantly surprised if there is good news and as ever I will have everything crossed.
The five year chart and every other chart is a disgrace.

Just when you think Micro’s board couldn’t possibly communicate worse with its investors, it finds new ways to enhance their disassociation with us.
Very poor show.
The U.S has a much better system, reporting quarterly.

Mmmm.. not good vibes. This drops like a stone when Nasdaq drops as per almost everyday last week. No upside today though.
Not expecting much to be honest when the update comes. Locked in here for the foreseeable!!!
Need a 100 points to get out with a manageable loss! I may be in cuckoo land.
I will be no doubt be petitioning for a “Stephen” out when the news is released. I would love to be wrong!
Concerned a trading statement listed for 17th removed with no news, as usual I may add. Worried .

First bit of decent from you about the company. It was noted three years ago they required more sales teams in the field. If this indeed happened, why do the sales still decline. Why is our competitor customer base increasing.. is it at the expense of ours?
Guidance is everything. Weeds need taken out to allow the grass to grow.

This has got into the £3.50s faster than I anticipated. You’d have thought we would be more resilient with products supposed to assist with cyber are not as heralded in the markets as some would suggest.
Cyber security is at the forefront of most companies thoughts and I’m not surprised. Darktrace has went up a good bit due to this.

It’s only money and as much as I’m fuming the way this company has been run, micro and the money I have in here won’t change my life if it goes pop. There is a very big grey cloud hanging over my kids and every other throughout the world. Delta, omicron now this. I fear for their future.
Won’t be posting for a while as it is trivial compared what’s going on. Gla

Locked in I’m afraid. 60k paper loss as of yesterday. Substantially more now. Almost sold yesterday, hindsight is a great thing. Been in this for over 3 years and looking forward to the day I’m not. I thought I had timed this correct . Share price had lost 60% of recent highs and thought the bad news was out, Steven came in 3 months later and no hope has been offered from him, only more descent into the abyss.
What have I learnt over this period?. If a share goes down 90% do not be under the illusion it can’t go another 90 from there.
When I get back to 50k down I’m out!
I’ll use this as an offset for tax purposes.

Lol..
why are you so concerned with an American share?
As said, it’s irrelevant what Splunk is doing or valued at, to me anyway but not you.
Guidance is everything and ours is very poor.
We are undervalued but as heralded by some and ignored by others we have a fairly chunky debt in comparison to our turn over. Perhaps, just perhaps this is why?? Oh, I know we are paying it off..... blah blah.. why are we paying dividends and not paying down the debt should be the big Q for private investors. We are also one of the biggest fallers today. Along with companies with a vested interest in Russia and or travel. Both those sectors can be explained easily due to current hostilities. We just like to fall!

Panda,
The question asked was why is there such a disconnect between the two companies. I gave you the answer. As alluded to previously Micro had none of the surge experienced by almost all stocks and especially those tech related which were carried on the euphoria of others across the pond. Splunk falls into this basket.
I agree entirely with the numbers but to compare is totally irrelevant. We are a recovery stock. Many, many poor reports have stalled the recovery.
I put down to poor leadership and direction, you and other don’t. Your prerogative.
I think it was you who stated Goldman were brought in for advise which Steven is following? Mmmm
If your CEO needs advise on how to turn things around, you need a new one. He will dance to whatever tune needed to keep his £850k salary and bonus! Fascinatingly, he qualified for around a quarter of his bonus. I read that as 3/4 miss of target and why would you be rewarded for what did go well?
A COO is not a CEO there are loads out there. You don’t need to know the company inside out to improve it! Re Goldman!

What’s the big difference between Splunk and us?
Where were listed Panda. Gave you the answer so as not to interfere with your home work.
I happy to exchange insults. Just try and be funny, we may as well offer some entertainment to the others on the board.
I find it hard to understand why some think everything is rosey here! It will be £5, £6 or more soon. Total nuts!

Peaky, if I was out this share I’d stay there for the time being, it has more to drop. The yield is attractive for those looking to get “free money”.
Don’t be fooled. The share price will drop twice the amount that is reflective of the dividend. It always does! Everything Nuri has stated is correct. Debt level, declining sales etc... I haven’t traded this share but can certainly understand those who do.
BIG rises followed by falling day after day... this is regardless of market conditions. This is an unloved stock and doesn’t take much to drop like a stone.
Debt may have went down roughly 10% in Jan? Due to sale of a division.
If captain pugwash can right the ship, there may well be a seriously undervalued stock. This will tread water for at least 18 months. Then, it will either disappear or rise to £10.
You could make the increase in a week if brave enough. Buy Evraz and if Russia pulls back there will be 100% rise in this FTSE 100 co. If not, then we are all in trouble anyway.

Sorry for the late reply. Was out making money for Steven to lose for me!
Chris Hsu resigned on Jan 31st 2018. Steven Murdoch was the COO of this company prior to becoming CEO in March 18. So, I couldn’t agree more that our troubles started then. Batteries have become a quarter of the size during the same time, much like our share price.
I have been a COO of a mid size company and trust me, you have input, just not the final say. Don’t think Steven is whiter than white. He didn’t mind selling shares in the £20s

This is a good company to work for but certainly not a good share.
I live in hope of a good roi. Sometimes you do your diligence but still doesn’t work out?
2 years to go!

Lee, I’ve been waiting on your rose tinted views to show up. Dumb is your usual go to or can’t read. I clearly fall into the latter.

I find it unbelievable you are quoting the current decline in share prices across the globe.
Micro had massive decline during the biggest share surge in the history of stocks. Yes, we are falling along with all the rest but not from an elevated position or does that not count.
Yes, £375m less fees will go into the debt reduction from recent sale. Hope there is more !

AWS partnership.
We were a 3.1 ish billion turn over at the point of disclosure. Material is the usual term which is expected to equate to a minimum 10%
If we are looking at sales to be flat by the end of the turn around plan then this must surely include the aws sales. 300 million added to sales we didn’t have before, yet flat?
I’m obviously more disenchanted than most as I’ve fallen for the drivel spouted by the administration In a big way. Ironically, I bought roughly the same as Steven was given. I have more than enough skin in this game and would like a different dealer!

I’d like nothing more than to eat my words whilst counting my money.
We will see, it just won’t be soon.
Expect this to continue to slide into mid 3s to where the recent director buys bought in and added.
I will receive just under 10k from the divi but price erosion makes it not worth it.

Questions for you.
Do you think the share price would go up or down if a new CEO was announced ?

Do you agree in bonus shares being given prior to performance ?

12 million in the process of being bought by the company. Not as a share buy back, which incidentally I’d prefer rather than dividend.
Most of these will be available for employees to contribute to a share save scheme however, it was stated some of which will be awarded via bonuses. The CEO received just under 60k of these on Friday. Whether or not he can sell them for a period of time is irrelevant. The board shouldn’t get them on the back of investor losses and as previously stated, I’d be delighted for “Steven” to get his shares after he gets the company share price back to where it was when he started as ceo. This is obviously part of his contract but it should always be in conjunction with company health. Sorry, I’m not getting it.