Member Info for V4LU3_HUNT3R

Guys

Why are you bickering with each other. Absolutely nothing you say here has any effect on the SP whatsoever. I think this is significantly underpriced and I am long here, but I understand the reasons for a bearish view too. Having said that I think the sell off is way overdone relative to the last release.

Stop posting pointless stuff on here and go enjoy the sunshine!

Anyway, GLA DYOR etc etc!

Equity swap wouldn't make sense unless the company was in dire straits, which it isn't. It's doing great. I agree debt is % higher of EBITDA, but the valuation is ridiculously low, it's

Back in here. Been out for a while. This is running at c.3x adj EBITDA which is ridiculous for this sector.

GLA.

What's going on here? Leaked news?

Nice entry point here. All the IPO who wanted their quick buck out now.

From The Times;

Shares in Micro Focus fell by 1¾p, or 0.4 per cent, to 487½p. Last month it revealed that it had not taken any provision for the patent infringement case as it considered the claims to be “invalid”.

Yes I understand all what you are saying. I am ACA. Under IFRS and FRS 102 you have to include as a non current provision. Yes this impacts p&l. I said it did.

No. It used to be 50/50 but the standard changed a few years ago where you basically always have to recognise it. Contingent assets novated to 'virtually certain' as well. It's a more prudent approach over both.

Contingent liability so it must be accrued immediately in full. It will go through as a one off so won't affect ongoing trading but affect reported EBITDA before adjustments. No idea on appeal lengths but these things are never quick.

I bought back in this morning. Surprised I was able to get in sub £5, but pleased I have.

Top work. Good on you for sticking through thick and thin.

You may understand that UT means position most trades are executed between B and A but I suspect 90%+ do not. Why would I suggest it's not the official closing price? When did I say that?

The UT is not a 'buy'. Why do people think it is. Check Google.

I can't buy but can sell apparently. This is on free-trade. Can't even buy £100 worth.

Google seems to be flat at 8.7. odd.

If this gets back to £400 I'll happily get involved again. Way oversold IMO but as I suspected the impairment charge has spooked investors about future performance.

What's up with the liquidity? Had to sell out in batches of 1,000 share which is absolutely ridiculous. Took me ages.

Please everyone ignore any share numbers and value numbers quoted in here. This is a daily message board for people. 99% of all numbers are 100x higher than reality. I only listen to MarkBell here.

Do you have a link to the Jefferies rating today? Thanks.

Yep tree shake. Two huge buys at 525+ and then back to 508. Hmmmm!!

Don't post that sh.it on here.