Rhigos
10 May 2017
Re: Micro Focus International infographi... Ripley94 "Was there a placing last year ? last RNS ( under news below ) on here 2014 ?" Unlikely as in 2014 they returned capital to shareholders. There was however a share consolidation.[link] In December 2014 a Return of Value was made to all shareholders amounting to $131.6m in cash. The Return of Value was accompanied by a 0.9285 share consolidation and resulted in a net $11.9m reduction in share capital and an $11.9m increase in the capital redemption reserve. In addition $47.5m was transferred from the merger reserve to the capital redemption reserve."There was a share placing in 2016,
Ripley94
10 May 2017
Re: Micro Focus International infographi... Was there a placing last year ? last RNS ( under news below ) on here 2014 ?
IB Investor
09 May 2017
Opportunity to TOP up Having worked for a company which made millions by taking over other tech companies in the 80s and 90s, if handled properly, this is a great way to make money. Just wish I had invested more then and I would now have been a multi-lillionaire. M-F have shown they know how to do this, and how to make money out of slowing income streams. Good opportunity perhaps to buy at better value.
II Editor
09 May 2017
NEW ARTICLE: Is Micro Focus's decade-long winning streak over? "Buying Hewlett Packard Enterprises' (HPE) software business for $8.8 billion (£6.8 billion) was meant to make developer LSE:MCRO:Micro Focus the UK's next tech giant, and keep its share price on a relentless bull run.It certainly had analysts at ..."[link]
Rhigos
09 May 2017
Took some profits today Spooked by sharp fall today. Had about average size of 2.09% of total portfolio value (bought MCRO on 21 Sep 16) but decided to reduce to 1.57% by selling 1/3 of my shares today @ 2429.52 for a profit of 12.57%. Of course would have been about 20% is I'd sold yesterday.I bought with some of proceeds from ARM takeover. Do not think MCRO is as good a company as ARM was.
cashpharma
09 May 2017
Re: Hey .... big fall for this group ... I think it's the fact that the statement blames the fall in license fee sales as due to the scale of change being undertaken. This is before the transaction to buy hp software has actually taken place!
axolotl
09 May 2017
Re: Hey .... big fall for this group ... well that was a fascinating and informative post, sage. To follow it up, if you stuff a turkey with sage and onions what do you stuff a parrot with? Polyfilla.
sage in the hills
09 May 2017
Hey .... big fall for this group ... Not what we expect to see in the sp....SAGE
Rhigos
03 Apr 2017
Re: HPE From broker CSS:"Micro Focus International shares saw a 3.4% rise after disclosing the earnings of HPE Software, the business it agreed to purchase from Hewlett Packard Enterprise in September."Good news for MCRO not so good for HP IMO.
cashpharma
16 Dec 2016
out I'm out. I think all the good news has come and gone now. I simply don't believe the they can absorb HP software and manage a company 4x the size. It defies logic.At the very least the risks are massive howver good the company mgt are.
Mar31
30 Sep 2016
Re: Out of the blue Decided to hedge my bets on the takeover and release half of my holdings.
cashpharma
23 Sep 2016
Re: Out of the blue Relentless takeovers often create out of control monsters. I don't want to end up invested in the software equivalent of British Leyland.
cashpharma
11 Sep 2016
Re: Out of the blue This has got to be very risky. They can't possibly have integrated fully the previous acquisition.
II Editor
08 Sep 2016
NEW ARTICLE: Mega-deal makes Micro Focus new tech star "UK tech firm LSE:MCRO:Micro Focus, which just replaced fellow techie ARM Holdings in the FTSE 100 index, didn't wait long to show the market it means business. Buying Hewlett Packard Enterprises' software business (HPES), the assets bought from ..."[link]
II Editor
08 Sep 2016
NEW ARTICLE: Is Micro Focus International plc still a buy after $8.8bn deal? "Software firm Micro Focus International (LSE:MCRO) stunned investors this morning by announcing an $8.8bn deal to acquire the software division of Hewlett-Packard's Enterprise business.Shares in Micro Focus hit an all-time high of 2,400p ..."[link]
