Rhigos
19 Mar 2018
Re: Enough Cursing self for not selling in January (see my earlier posts) all my instincts were telling me this is a company in trouble, in a troubled sector that added to its problems with over ambitious growth by dubious acquisition of HPE. I think there is a good chance of a dead cat bounce then I too will cut my losses. Monday morning blues 
Meanbugger
19 Mar 2018
Re: Enough Sympathies with any holders. That is a horrific statement and poorly drafted. They have attempted to disguise the acceleration in the decline since the announcement of the interims and blamed a series of one-offs. The City won't give the Company the benefit of the doubt and will view the acquisition of HPE as a disaster.I'd expect the shares to trade under £10 at some point today.
Grill Bimsie
19 Mar 2018
Re: Enough Good call richard599. You judged this spot on.Was tempted to follow your lead on Friday, but held back.Big fall expected when market opens, but I will bear the loss and sell out.Cheers,
richard599
15 Mar 2018
Enough SP hit my top-up or quits threshold today. I sold. One of those rare moments when not all seems right and I just feel it in my bones (and I haven't had enought coffee to do a proper anaysis).R.
picstloup
22 Feb 2018
Re: Top up.. ? Has dropped a lot. Not quite convinced abut these (only acquired via my HP holding), but a decent divi, well covered, and the prospect of capital growth (not least when the £ tanks again, as I'm expecting it will), has made me double my holding. (it was a case of double or quits, and I should really have quit 6 months ago, so it goes).
Rhigos
16 Feb 2018
Broker consensus, Hold Consensus stronger, was Sell now Hold. In the end that's what I've done so I hope this weeks modest uptrend builds momentum. SP did rise a little faster than FTSE 100 last week which is a good sign but I cannot see SP recovering for a long time from big fall on 8 Jan, still 11.7% down on 11 Jan (after dead cat bounce) from closing price on Fri 5 Jan. SP now -18% on 5 Jan closing SP. 23% down on all time closing high on 21 Nov 2017 of 2739.
Rhigos
10 Jan 2018
Re: Top up.. ? I have not sold yet but have a limit order on to sell all at 2350. Very unlikely to be filled today and as my dealing platform does not support enduring limit orders will have to remember to put it on again this evening. I am concerned that they may end with a lot of service support contracts that end up costing them more than they have budgeted for.Wish I had put more money into XPP instead of MCRO.
davidnmog
09 Jan 2018
Re: Top up.. ? I would think there must be a lot of opportunity in supporting legacy systems, which are likely to increase in number as time goes by, and there must be worldwide application and opportunity as well. Dividend is growing, to be covered twice by earnings and HPE integration not a disaster anyway. I would think hold at these levels.
Rhigos
09 Jan 2018
Re: Top up.. ? Le-Boom, "Surely you should ride the waves and get out at + £25 and wait for sub £23 again"Not at all sure SP will repeat past patterns. I bought MCRO with part of the cash from ARM take over wanting some exposure to tech sector. I have not got a lot of faith however in MCRO business model supporting legacy software. Support companies in general do not seem to do very well. They can win contracts but end up making little profit or even a loss. I do not see them as a long term growth stock.Glad to see at least a dead cat bounce today in SP.
cashpharma
09 Jan 2018
Re: Top up.. ? I used to be a shareholder but bailed out because of the risks with the HPE acquisition.Anyone investing would be well advised to read the narrative sections of the report where they openly discuss the integration problems they are having with their previous acquisitions and state that they are still unresolved.This is before they have tried to integrate HPE.
Le-Boom
09 Jan 2018
Re: Top up.. ? I am no expert here... but is seems MCRO drops every 6 mths (by a couple of quid) and then rises back up to around the £26. Surely you should ride the waves and get out at + £25 and wait for sub £23 again
Rhigos
08 Jan 2018
Re: Top up.. ? According to SharePad broker consensus upgraded from sell to hold. Here is link to comment from Evening Standard.[link] bought MCRO in Sep 2016 at 2137 gross and am now thinking of selling.
Le-Boom
08 Jan 2018
Top up.. ? this heading to -20%
cashpharma
08 Jan 2018
Re: Why the fall on RNS ? I don't think the news about the FD being moved aside helped either.
Grill Bimsie
08 Jan 2018
Re: Why the fall on RNS ? From HL:In corporate news, software group Micro Focus tumbled as its first-half results failed to impress.Spreadex analyst Connor Campbell said: "Micro Focus actually posted some attention-grabbing numbers, namely a 28.7% surge in revenue to $145.7m and an 80.3% jump in revenue to $1.23bn. Yet the fact that revenue dropped 2.9% year-on-year to $664.7m when the effects of its HPE Software merger were stripped out, alongside its group results coming in at the bottom end of expectations, soured investors on the tech firm, who sent the stock to a four-month low."
