nick2name
08 Sep 2016
Re: 400 million return of value to Micro Foc... £400/229?
Le-Boom
08 Sep 2016
400 million return of value to Micro Focus shareholders to be paid pre-Completion How much will that be per share?
Mar31
08 Sep 2016
Out of the blue I didn't see that coming. Quite a nice surprise. This share has served me well and I'm not inclined to take profits.
cashpharma
24 Jul 2016
its been good Its been a good ride but I am a bit suspicious that managements motive for takeover activity is so they can award themselve lots more dosh simply by enlarging the group via taking on debt.
Simbrad
23 Jun 2016
"RedHat had a decent print with its Q1 ahead of consensus after the US close last night; however, a 1% FY EPS reduction resulted in a share price down c5%. Despite the share price over-reaction, the news is of interest to Micro Focus shareholders as SUSE (the other Linux distribution, which competes with Red Hat) is benefitting from the same demand side driver – ie the secular growth in open source software usage. At some stage Kevin Loosemore, CEO Micro Focus, will ‘do something’ with SUSE – a big cUS$1bn payday for shareholders." Panmure note out this morning on research tree
Ripley94
22 Jun 2016
Re: Micro Focus International infographi... beaufourt .. listed this as a placing they had been involved with.on questioning they said .. oh it was a ABBS ( accelerated book build )Anyone know any details ???
Simbr
07 Jun 2016
SUSE listing/de-merge? Panmure note out this morning on Researchtree: "Johnny Cash reminds us that SUSE is in a competitive niche – but it is good with its knuckles. A brace of trade news from SUSE reminds us that it plays at the heart of a global Linux open source market. To reiterate our investment view: Micro Focus is likely to ‘do something’ with SUSE over time – either a trade sale, a US listing or a de-merge in London. However, it is unlikely this year as the new executive team are finding their feet. The closest valuation peer, Linux and Hortonworks, may suggest that SUSE might sit more..."
Simbrad
07 Jun 2016
Panmure note out this morning on Researchtree: "Johnny Cash reminds us that SUSE is in a competitive niche – but it is good with its knuckles. A brace of trade news from SUSE reminds us that it plays at the heart of a global Linux open source market. To reiterate our investment view: Micro Focus is likely to ‘do something’ with SUSE over time – either a trade sale, a US listing or a de-merge in London. However, it is unlikely this year as the new executive team are finding their feet. The closest valuation peer, Linux and Hortonworks, may suggest that SUSE might sit more..."
oldjoe1
31 May 2016
Re: MCRO, Broker Views............ From Times online ex hemscott,Growth multiples conflict with ones higher up. Looks very impressive.Micro Focus International PLCFORECASTS2016 2017Date Rec Pre-tax (£
EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Panmure Gordon27-05-16 BUY 294.01 100.07 34.92 356.81 115.26 80.06Numis Securities Ltd24-05-16 BUY 283.76 95.35 36.78 338.66 110.70 40.52Peel Hunt LLP20-05-16 BUY 287.89 99.94 35.30 308.24 106.53 38.83Investec Securities17-05-16 BUY 302.94 109.15 37.11 362.05 124.24 40.82Canaccord Genuity Ltd11-12-15 BUY 223.99 93.55 34.92 242.18 101.46 38.872016 2017Pre-tax (£ EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Consensus 292.99 100.02 36.17 345.45 113.20 40.171 Month Change 0.72 0.92 0.25 10.80 2.77 0.333 Month Change 2.36 2.13 1.03 33.70 8.35 0.64GROWTH2015 (A) 2016 (E) 2017 (E)Norm. EPS 45.63% 38.27% 13.18%DPS 40.90% 31.18% 11.08%INVESTMENT RATIOS2015 (A) 2016 (E) 2017 (E)EBITDA £232.95m £367.51m £439.21mEBIT £157.25m £277.82m £301.07mDividend Yield 1.72% 2.26% 2.51%Dividend Cover 2.62x 2.77x 2.82xPER 22.12x 16.00x 14.13xPEG 0.48f 0.42f 1.07fNet Asset Value PS -679.47p p p
oldjoe1
31 May 2016
MCRO, Broker Views............ MCRO MicrofocusMicro Focus International broker viewsDate Broker Recommendation Price Old target price New target price Notes26 May 16 Panmure Gordon Buy 1,615.50 2034.00 2034.00 Retains25 May 16 JP Morgan Cazenove Neutral 1,615.50 1600.00 1600.00 Retains24 May 16 Numis Buy 1,615.50 1850.00 1850.00 Reiterates24 May 16 Liberum Capital Hold 1,615.50 1490.00 1490.00 Reiterates24 May 16 Peel Hunt Buy 1,615.50 1450.00 1650.00 Reiterates
oldjoe1
31 May 2016
Re: NEW ARTICLE: Micro Focus encourages bull... MCRO MicrofocusOn the verge of a breakout. Looks like third attempt.[link] Focus International Plc provides innovative software that allows companies to develop, test, deploy, assess, and modernize business-critical enterprise applications.It operates through the following segments: Base Micro Focus and TAG.P/E drops to 17, year 2018.P/E ratio 26,2 20,0 17,0<b><u>Valuation 2016e 2017e</u></b>P/E ratio (Price / EPS) 26,2x 20,0xCapitalization / Revenue 4,34x 4,07xEV / Revenue 5,33x 4,98xEV / EBITDA 12,3x 10,8xYield (DPS / Price) 2,32% 2,84%Price to book (Price / BVPS) 3,76x 3,95x
Simbrad
26 May 2016
Read Panmure Gordon & Co's note on MICRO FOCUS INTERNATIONAL (MCRO), out this morning, by visiting Research Tree: "Meghan Trainor has moved to newer things (a ditty called ‘No’) but for Micro Focus Kevin Loosemore it is still ‘all about the (installed) base’. We managed to grab Mr Loosemore following the beat to FY2016 estimates announced this week. The Micro Focus model is unchanged: the emphasis is still on working the installed base as those customers create the huge cash machine that has made a share price which on this day in 2014 was 830p and today it opens at 1610p. Somewhat disappointingly Mr Loosemore does not see a big..."
II Editor
24 May 2016
NEW ARTICLE: Micro Focus encourages bulls "LSE:MCRO:Micro Focus has impressed the market, again. Granted, it's not shot the lights out, but results have certainly whet investors' appetite for the software group's shares. They're not far off all-time highs now and strong cash generation ..."[link]
Simbrad
24 May 2016
"Micro Focus delights with a better than expected end to FY2015A. The company posts an across-the-board beat with revenue, EBITDA and Net Debt all ahead of expectations. As the shares were trading in line through the Q4 the performance suggests, to us, that licence sales had a strong finish to the year. Hats off to Micro Focus as underlying this is; (i) a better product narrative and as licence sales are the key forward looking indicator, we should see a decent pull-through for maintenance. (ii) Let’s not forget this suggests..." Panmure published a note on Micro Focus that was out this morning, it's available on Research Tree
cashpharma
17 Dec 2015
Re: NEW ARTICLE: Share of the week: Up 17% a... Looks ok so far but I doubt the nitty gritty of merging has been finished, still some risks is all I'm saying.
