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Micro Focus International plc (MFGP)

NYSE - NYSE Delayed Price. Currency in USD
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4.6200+0.1000 (+2.21%)
At close: 04:00PM EDT
4.5200 -0.10 (-2.16%)
After hours: 05:07PM EDT
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  • S
    S
    dividend paid!
    Bullish
  • J
    Jovo
    What is your take on this class action https://www.microfocusclassaction.com/
  • k
    kwie
    with such wild fluctuations in price who would dare to buy, especially retiree like me?
  • D
    DigitalRobberBarons
    I'm a bag holder that has flipped this thing a few times on price pumps and dumps. I'm now holding on for the 3x+ run eventually and collecting the div along the way.
  • M
    MICHAEL RULE 1 INVESTOR
    The following is straight fro the Form 6-K, filed by MFGP:
    The Company announces that the 2017 Deferred Share Bonus Award granted to Chief Executive Officer, Stephen Murdoch, on 25 July 2017 under the Micro Focus International plc Deferred Share Bonus Plan ("Award") vested on 25 July 2020 and consequently 5,051 ordinary shares of 10 pence each in the Company ("Ordinary Shares") were released to him on 27 July 2020. In addition, 3,501 Ordinary Shares were released in respect of the dividend equivalent entitlement attached to the Award.
    If I'm reading the 6K correctly, it's just saying that his shares are fully vested now, meaning he can do what he wants with them. If I'm wrong, someone please correct me. I would rather see CEO's getting cash awards, instead of diluting stock. Then, if they want to purchase stock, they can do so. We, as shareholders, also get to see how much they truly believe in the company.
    Bullish
  • A
    A
    Credit Suisse analyst Charles Brennan upgraded Micro Focus International to Neutral from Underperform with a 380 GBp price target. The analyst sees "glimmers of operational hope" in the company's first half results and can no longer justify material downside to current valuation levels.
    Micro Focus upgraded to Neutral after first half results at Credit Suisse Credit Suisse MFGP
    Micro Focus upgraded to Neutral after first half results at Credit Suisse Credit Suisse MFGP
    thefly.com
  • S
    S
    Jan. 11, 2022 /PRNewswire/ -- CyberRes, a Micro Focus (LSE: MCRO; NYSE: MFGP) line of business, today launched 'Galaxy,' an immersive cyberthreat experience that provides actionable and business-centric intelligence for security executives. CyberRes Galaxy enables cyber professionals to quickly gain visibility into the most pressing threats to their business and helps organizations secure their value chains so they can focus on driving business growth. 
    The impact of COVID on enabling technology, combined with the use of machine learning, IoT, AI, blockchain, and other methods of business innovation, has increased the attack surface that adversaries can exploit. Through diverse sources of security threat data, CISOs need a more holistic means of rapid analysis and action. With CyberRes Galaxy, organizations can accelerate executive understanding of cyber risk, drive faster business risk decisions, and reduce the cost to deploy proactive cyber resiliency measures for their enterprise.
    CyberRes Galaxy is a platform designed from the ground up to help CISOs, senior executives, and risk professionals eliminate the hyperbole and focus on what matters to their business. It does this by tying individual users and their specific business risks to threats that they need to counter in order to ensure comprehensive cyber resiliency. CyberRes Galaxy's Priority Intelligence Briefings (PIB) are accompanied by countermeasures that an organization can deploy to secure its digital value chain.
    "CyberRes Galaxy introduces an entirely new way for security executives to make sense of the threats facing their business by providing timely, focused, and relevant information that is easily accessible with deep insights, including potential annual loss expectancy and what actions can be taken to mitigate risk," said John Delk, GM and SVP of CyberRes, a Micro Focus line of business. "As the growth of cybercrime continues to increase, security executives must be able to quickly identify the threats that are relevant to their organization and focus on what matters most: protecting the business, detecting a changing risk surface, and evolving their security posture to adapt to a changing threat landscape."
    Bullish
  • M
    MICHAEL RULE 1 INVESTOR
    Update on our three-year plan
    The three-year ambition we set was to deliver stable revenues, Adjusted EBITDA margins towards the mid-40s percent, and be able to generate at least $700m of free cash flow annually.
    These targets were set prior to COVID-19 and given the ongoing situation and associated uncertainty we remain unable to predict the magnitude and duration of the impact COVID-19 will have. The resulting macro-economic impacts are likely to delay the achievement of these specific objectives, but the principles of revenue stabilisation and margin expansion, in order to deliver strong and sustainable levels of free cash flow remain the aim for FY23 and beyond.
    In pursuit of this plan, our main initiatives are focused on two key objectives. Firstly, evolving our business model to ensure we continually assess and address customer needs and adapt to changes in the market to deliver value and capture growth opportunities. Secondly, delivering operational excellence through business process and infrastructure simplification with a relentless focus on improving levels and consistency of execution.
    Overall, there was solid progress made in the period.
    Bullish
  • S
    S
    Nov. 3, 2021 /PRNewswire/ -- Smarsh, enabling organizations to manage the risk and uncover the value within their electronic communications, announced today that it will acquire the Digital Safe archiving and risk management portfolio from Micro Focus following required customary regulatory approvals, expected in the first calendar quarter of 2022. NICE pop with this news!
    Bullish
  • M
    MICHAEL RULE 1 INVESTOR
    Awesome conference call! I'm stoked to see what happens today but ultimately doesn't matter as I'm holding for at least 3 years or if story changes. Highlights: plan to stabilize revenue, optimize EBITDA/ Maintenance, and generate free cash flow. $80M left on cost of HP migration. The last subscription was oversubscribed, so no trouble getting money if needed in the future. Have $700M CASH ON HAND. The dividends will be 5X cover of after tax (If someone understands this, please shine light on it for the rest of us). They plan on making incremental changes and making long term decisions. This is what we want to see. In Jim Collins book from good to great, he found that good business' became great by doing just that. Historically, MicroFocus has been a good co., hopefully, they can become great ,then built to last. Both great books, if you haven't read them! I felt like I was told more info by this co. than on any previous call or info release. I don't like their use of adjusted free cash flow though. It seems to me that there will always be a 1x cost that will lower your FCF. After all, FCF is what is left after everyone / everything is paid for, money you can do whatever you want with. Would like to see your thoughts on this / if you know anything about the actual co. such as you or someone you know works/worked there / uses their products. Anything to help investors understand the co. better.
    Bullish
  • M
    MICHAEL RULE 1 INVESTOR
    Reuters, March 18th story covered that they were cancelling dividend. They are going through one of the worst financial crisis’ in a 100 years, with debt. They need to pay off debt before resuming dividends.
  • M
    Matias
    The technicals and chart are just perfect in all timeframes (4 hour, daily, weekly & monthly). The stock price will skyrocket any time now.
    Bullish
  • M
    MICHAEL RULE 1 INVESTOR
    Insider buying, straight from the 6-K.
    5 October 2020
    Micro Focus International plc
    (the "Company")
    Notification and public disclosure of transactions by persons discharging managerial responsibilities in accordance with the Market Abuse Regulations

    The Company announces that it has been notified by Sander Van 't Noordende, a non-executive director of the Company, that on 2 October 2020, he purchased 45,000 American Depositary Shares in the Company ("ADSs"). Each ADS represents one Ordinary share of 10 pence each in the Company ("Ordinary Shares"). The purchase represents his entire current shareholding in respect of ADSs and Ordinary Shares in the Company.

    The notification below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulations, gives further details.
    Bullish
  • M
    MICHAEL RULE 1 INVESTOR
    Just read the newest from Seeking Alpha on MFGP. Not good, very depressing. If they are correct, seems to me, stock could go bankrupt ,or the bright side, they get bought out and stockholders get some money. If they are wrong this could be an awesome buying event, i.e. blood in the streets kind of event). Would like to hear other points of view from fellow investors. I hope I'm not wrong, I own around 68K shares with about $300K or more in this stock. This had made me halt my weekly buying of shares when they have been at their lowest "on sale" price. Will be studying over the weekend, GLTA.
  • a
    a
    microfocus has a 5 star portfolios of customers who are joined at the hip with them in terms of data and core technology. migrating to a new solution build or buy is near impossible for companies to justify versus spend on driving new sales so most are looking to stay with current providers like microfocus to move to cloud and digitize. MF partnership with AWS only reinforces this position further
    Bullish
  • m
    mantas
    Micro Focus International (NYSE:MFGP): 1H Non-GAAP EPS of $0.72; GAAP EPS of -$3.09.

    Revenue of $1.45B (-12.7% Y/Y)
  • M
    Mike
    Anybody know why my number of shares was just reduced by 17.04% - I don't see where I've gotten any cash back?
  • g
    gg
    With more than 1,800 patents granted, and another 900+ pending, Micro Focus is serious about investing in innovation—a track record further reinforced by more than 500 product releases in our last fiscal year alone. The breadth of our patent portfolio demonstrates three important things. The first is our commitment to continually evolving our product set to help our customers thrive. The second is our long-term vision (it takes two to four years to get a patent granted). And finally, it highlights our strength and viability. Customers can count on us being here for the long term—and that’s something start-ups just can’t claim.
    Bullish
  • J
    Jim
    Gladstone has reduced its short here, with results coming out next week, could be a smart move for them , imo
  • M
    MICHAEL RULE 1 INVESTOR
    New form 6-K suit today.
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, DC 20549

    FORM 6-K



    REPORT OF FOREIGN PRIVATE ISSUER

    PURSUANT TO RULE 13A-16 OR 15D-16

    UNDER THE SECURITIES EXCHANGE ACT OF 1934



    For the Month of: September 2020

    Commission File Number: 001-38187

    MICRO FOCUS INTERNATIONAL PLC
    (Exact name of registrant as specified in its charter)


    The Lawn, 22-30 Old Bath Road
    Newbury, Berkshire
    RG14 1QN
    United Kingdom
    +44 (0) 1635-565-459
    (Address of principal executive office)




    Indicate by check mark whether this registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
    Form 20-F ☒ Form 40-F ☐


    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

    Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐


    CONTENTS


    Exhibit No.
    Exhibit Description
    99.1
    Director/PDMR Shareholding, dated 29 September 2020




    29 September 2020


    Micro Focus International plc
    (the "Company")


    Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

    The Company announces that it has been notified by Greg Lock, non-executive Chairman of the Company, that on 28 September 2020 he and his wife, Rosemary Lock, increased their combined shareholding in the Company by 96,500 ordinary shares of 10 pence each in the Company ("Ordinary Shares") to 535,000 Ordinary Shares.

    In aggregate, Mr Lock and his wife sold 126,500 Ordinary Shares and purchased 223,000 Ordinary Shares. Following the transactions, Mr Lock owns 241,000 Ordinary Shares and Mr Lock's wife owns 294,000 Ordinary Shares.

    The notification below, made in accordance with the requirements of Article 19 of the EU Market Abuse Regulations, gives further details.

    1
    Details of the person discharging managerial responsibilities
    a)

    Name

    Greg Lock and Rosemary Lock

    2
    Reason for the notification
    a)

    Position/status

    Greg Lock, Chairman (PDMR) and PCA to PDMR
    b)

    Initial notification
    /Amendment

    Initial Notification
    3

    Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a)

    Name

    Micro Focus International plc
    b)

    LEI

    213800F8E4X648142844
    4

    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
    a)

    Description of the financial instrument, type of instrument
    Identification code

    Ordinary shares of 10 pence each

    GB00BJ1F4N75
    b)

    Nature of the transaction

    1) Sale of Shares by Rosemary Lock
    2) Sale of Shares by Rosemary Lock
    3) Purchase of Shares by Greg Lock
    4) Purchase of Shares by Greg Lock
    5) Sale of Shares by Greg Lock
    6) Sale of Shares by Greg Lock
    7) Purchase of Shares by Rosemary Lock
    8) Purchase of Shares by Rosemary Lock
    9) Purchase of Shares by Greg Lock
    10) Purchase of Shares by Rosemary Lock
    11) Purchase of Shares by Greg Lock

    c)

    Price(s) and volume(s)


    Price(s)
    Volume(s)
    1) Nil (gift to Greg Lock)
    83,500
    2) Nil (gift to Greg Lock)
    43,000
    3) Nil (gift from Rosemary Lock)
    83,500
    4) Nil (gift from Rosemary Lock)
    43,000
    5) 246.80p
    83,500
    6) 253.15p
    43,000
    7) 253.15p
    43,000
    8) 246.80p
    77,458
    9) 253.50p
    75,000
    10) 253.50p
    25,000
    11) 257.40p
    2,542
    d)

    Aggregated information

    - Aggregated volume
    - Price

    Aggregated Volume
    Aggregated Prices
    1) 83,500
    Nil (gift to Greg Lock)
    2) 43,500
    Nil (gift to Greg Lock)
    3) 83,500
    Nil (gift from Rosemary Lock)
    4) 43,500
    Nil (gift from Rosemary Lock)
    5) 83,500
    £206,078.00
    6) 43,000
    £108,854.50
    7) 43,000
    £108,854.50
    8) 77,458
    £191,166.34
    9) 75,000
    £190,125.00
    10) 25,000
    £ 63,375.00
    11) 2,542
    £ 6,543.11
    e)

    Date of the transaction

    25 September 2020: Transactions detailed in section 4.b: 1 and 3
    28 September 2020: Transactions detailed in section 4.b: 2, 4-11

    f)

    Place of the transaction

    XLON
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