Micro Focus International - Re: MCRO Stream Log - Panmure note out this morning...

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Re: MCRO Stream Log
12:24 07/06/2016
Simbrad
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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..."

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