Member Info for strathy

You’d have thought a partnership with Microsoft would have enhanced the share price. At first I thought ok. Clearly this has been released after our closing bell. Checked USA share price and that is down 3%. This won’t be good for our opening tomorrow as we don’t get the USA bounce but certainly get the downs.
5 weeks straight losses is proving challenging.
My god, I hope they release the update this week. 20 % + down from recent highs does not constitute a retrace.

With a very small exception the day graph dropped
With amazing consistency. Whilst I’m used to massive fluctuations with our investment in micro I really don’t like this level of drop so close to a trading update statement on allegedly no news.
I hear things like tree shake, mm’s manipulation and or shorters. No news and frequently more buys than sells, dives anyway.
I’m sure to read 12 month highs and retrace. Nothing goes up in straight lines etc.
This has today passed below retrace level.
I will stay in this until the update and assess from there. Been in this share for a couple of years and though I fortunately had enough funds to average down substantially. I’m in this for way too much and not reached my average yet.!
Please be mindful of our fellow investors. The ones who are investors in companies and not short term profit seekers. Most of these people are feeling a fair bit of financial pain from micro from Pre covid £10 + days or even worse days of £20+.
I believe the company has turned the corner and I like the rest of us am very much looking forward to the update. This is without doubt the most important update since the ill fated HP debacle. There has been enough said about this and no need to add. I think we all got excited with the Amazon partnership and what that can yield to the company.
There has been little talk about snowflake and any partners Tbf. Would be good if there was information concerning some this. Hopefully not just numbers crunched by the accountants.
Sorry no info from me. Just putting out thoughts after seeing a 5+ % drop. Another 10k gone!
This time next year rodders......

Agreed. Don’t want any more write downs.

One hell of a turnaround today +2% to -4%. Was on the decline from 9am. Scotland has went into lockdown and this share has dived. Sadly, I seriously doubt when Boris does the same at 8pm we are not priced in and expect sub £3.90 tomorrow.
A lot of good news on this company on Twitter with contracts secured and on the back of the amazon partnership. The market doesn’t trust this co as yet which seems apparent when the Ftse is well into the blue we are stagnant or worse. (Today is prime example) when we broke the £5. I was hopeful we would soon get to my break even point of £5.75.
This seems a long way off now, especially as it doubled from recent lows, now retracing.
I just cannot get my head round this share price and I’m not new to investing. P/E of 1. Easy to say this is grossly undervalued as like anything in life, things are only worth what your willing to pay for them. I of course, was willing to pay way more than the current price. More fool me.
I continue to keep everything crossed in the hope of good trading results come the start of Feb. Problem is though, it may have a nice lift but only to where you were a couple of weeks back.
I live in hope!!!!

Reality check required here.
If we got the best possible update of;
Revenues strong, working from home has boosted data protection requirements... blah blah
Restoring a 5% divi
The best we could hope for was to return to July share price. If this happened there would be a Silhouette shaped dust cloud of me the speed I’d depart this share. This company treats its shareholders with contempt and doesn’t communicate nearly enough. Though, when you only have bad news, perhaps it’s best to keep quiet?

Bought another 8k today. Swore I’d not do the falling knife stuff. (Again)
Last day of October 3 years ago £26.45
-92% Impressive!!
Bought at £2.20 thinking it just cannot go lower. This brings my average to just under £4
Wrong again!!! I console myself with its only a paper loss ??

My god, does this company never tire of going down. The board have absolutely crashed this company. This needs a total wipe of any and all decision makers. They bit off more than they could chew with HP (should have bought the bloody sauce, at least they’d know what to do with that!)
Everyone is gagging for the update, which is quite right. I will be reading it through my fingers as I now no longer wear rose tinted glasses concerning micro. I personally would love a low ball offer takeover as at the moment I’d bite hands off to get £4
And I’d still be taking a good hit in the pocket.
Shorter’s can only manipulate prices when a company is in distress. The last three years will take some beating.
I can only imagine and feel sorry for the poor souls who have been in this company any length of time.
The share price capitulation is disgraceful.

I have my fingers crossed that lockdown has encouraged companies to engage in upgrading
Their respective systems. Hopefully, Micro has boosted their sales accordingly. Will find out in Nov.
That’s about all we have to grasp onto imo.
As previously stated I have averaged down on this and wish I’d just taken the loss. Hindsight and all that.
We go into these things with our eyes open and research done and roll the dice. This company needs a branch and root clear of the board and probably broken up. Massive decline over the last 3 years of over 90%. Is there a saviour out there to buy this dog?
God, I hope so.

Would love to hear opinions on this.
Sounds like a 25k kicking for me!

https://seekingalpha.com/amp/article/4376411-macro-problems-micro-focus

I agree, fundamentals are everything. With this share though the sheep are in control. Doesn’t matter if you invested last week or three years back, you have lost a fair chunk. Usually, sectors go in and out of favour. This tech stock has clearly bucked the trend. I have chased this down to lower my average and won’t do so again. Catching a falling knife on this just doesn’t seem sharp enough for the cut to financial health this has caused the P.Is. What is clear is the board do not give a hoot about us. This is getting close to dropping out the 250. What then????

I am totally bemused with this company. Blew through the previous lows and didn’t see the 260s on the way down. There may well be a small bounce off this mark but only because of the severity of the drop. It will only ever be a sticking plaster over open heart surgery until the board release information. I am awaiting the great price to get in sooth sayers or the shorters of this company will now get their fingers burned. I cannot make my mind up if I am too far into this dog to get out or am I too stupid to take the hit and move on. All I do know is we are at 10% of the value of previous high. This is truly the new RBS.

I wish you all well in joining the - 15 club.
I’ve worked very hard to get to this number. Averaging down a few times. Sadly, this now means my exposure to micro is six figures. I think the company has good bones. Though Artman probably believed this when in the 20s? Like all on here we hope the company will grow and the share price will climb accordingly. I just feel it doesn’t help itself (or us) with the crass lack of updates.
You’d think a massive tech company would have a team of marketers banging the drum on all the platforms about how good we are!
Might just be me though?

The graphs are Groundhog Day, bounce and trickle ....... to another low
Next trading update either way I’m done.
Nursing over 15k paper loss. If we are lucky and god knows we deserve luck with this dog, the update will give positive numbers and fingers crossed a suggested return of dividends????
This is just too volatile and acts like a penny share and certainly not like a company with over 12k employees.
IMO they don’t release enough information either.
They deal with 40k + clients. I think that is more than enough to find good news in.
Rant over. Apologies

In an ideal world, market share would be organic and not cost any money to occur. In reality strategic acquisitions along with growth is the way to maintain your market share. The real reason Dignity loses market share in certain areas is due to their pricing structure and poor pay at the entry level. Thus the client facing staff really don't often give a hoot and are disillusioned with the management. In response to non payment of invoices or poor payment of recently purchased busInesses. Dignity does indeed have cash piles and a good relationship with their creditors. What can happen is head office is hopeless and invoices are lost all the time. Even payments coming into dignity can often be coded wrongly and goes into holding file where monies sit for ages and looks unpaid. Their margins are massive and as mentioned by others are around twice that of funeral care. People are shopping around more than ever and with the explosion of the internet you don't even need to directly call a funeral director to get a price their services. Invariably, Dignity will be the most expensive in the area and lose out due to years of way above inflation increases.

They are getting very close to pricing themselves out of the market. It is not uncommon for them to be almost 2k more than some smaller private firms. In this day and age more families are price checking rather than just going to where grandad had been and if cost is anyway part of the decision as to whether or not you use their services? The likelihood is you won't. I don't believe their share price will go much higher than it is now as they have considerable debts to manage and though they bought Yew Holdings for a fortune a couple of years back and this has given them additional funerals and therefor revenue. I just don't see their current plan of around 10% price increases every year (since flotation) being allowed to continue by the general public. I do not hold this share anymore, though I did previously and did very well after holding for seven years. I tend to have a peek at my old shares now and then just to see how things are going. In conclusion, their business plan is based on the level of service they provide however, I sold my holding when I researched the structure compared to other providers in this field. I discovered their staff are some of the lowest paid in the industry with funeral arrangers in the main getting under £7 per hour and managers getting less than my joiner yet they are without doubt the most expensive in the sector. This is a great simple business plan for the bottom line but it's not sustainable when you are only judged by your level of service and the person you are dealing with is probably more concerned in how they are paying their gas bill that landed on the door step this morning? Have quickly read over what I have written and it sounds like I'm having a go.... This was my best performing share ever... I just don't think it will go much north from here. Just my opinion and the death rate is forecast to increase by 20% over the next decade so who knows...

I have watched the episode twice. I am heavily invested in this company since the IPO and wanted to ensure my investment is safe. Dignity was mentioned however, the only highlight from the reporter was a loose handle. The other company Gilsham? (90% of the show) were a shocker. This company is not part of Dignity. I called Dignity today to clarify a point concerning flowers and paper notices which the investigator alluded to price pumping. I was informed any client/family would pay the same whether they ordered the flowers or death notice themselves. Dignity receive a discount from suppliers like I do at the plumbers merchants! I am happy with their response and considering there was an undercover reporter on site for however long there was nothing for the reporter to cover other than the previously mentioned items. If I were Dignity I would be questioning the makers having them on the same programme as the racist uncaring lot....

Would not worry about their debt levels.. They are currently opening lots and lots of small "booking offices" They will have more shops than the Co-op shortly. The death rate has been going down for 20 odd years but their market share is going up! They will increase their divi as they have every year since going public. I have owned these since the initial listing of £2.30 and this will be the secong time a capital return has been given. My 5000 shares will shortly cost 30p each.. yipee!!!!

I believe this is open for purchases made by the close of trading today.