Microgen - Live Discussion

Ripley94 21 Sep 2017

Interesting comparasion. A Marksman re-buy on momentum.I did same with AMC ( falling ) Lets compare over time.

capo1211 31 Mar 2017

Sold Microgen has been one of my best performing shares in recent years but seems to be getting a bit frothy, as is the stock market in general. Hopefully re-enter later on.The share price has basically doubled in the last year and up 50% since February alone. Makes you wonder what is going on.

Blanketstacker 21 Jul 2016

Possible takeover target? Yes, I know everything is being hawked as a takeover now that sterling has dropped, but there is a little more to go on here. There was an attempt by a fund to buy the majority of the company about a year ago. It was blocked, in the interests of the shareholders, by the then Chairman. He was a founder of the company but has now departed for other climes (SAG I think). So the way may be clear. Also there have been very large volumes over the last week or so, and there still seems to be an appetite, as I can sell at 165+. The recent results were sound, and there have been some recent acquisitions. Should the aggressor come back for the whole company they could get it, and the additional bits, for the same price they would have paid simply for the Aptitude Software section of the business.

Blanketstacker 18 Jul 2016

Interims today Revenue up 23%EPS up 20%Dividend up 6%Good visibility for futureNet funds of £1m in bank.

pharmaspecialist 03 Mar 2016

Well done microgen Good financial results and an informative press release to accompany them which provides information on the company's strategy as well as detail on the results. This is good because it helps shareholders understand the business - thanks.

Blanketstacker 27 Jan 2016

Re: Today's news Thanks Cane. Very interesting to see that Paul Scott holds some of these. Not a bad sign, I think.

Cane1 26 Jan 2016

Re: Today's news Hi Blanketstacker, Think this might interest you:- [link]

Blanketstacker 26 Jan 2016

Today's news "Trading in the final months of the year continued satisfactorily and Microgen anticipates reporting results in line with Board expectations together with good progress by the Group's two operating businesses on their strategic plans..."Results due in March. All seems well, so this remains a decent investment, I think. Any fall may present a buying opportunity.The company has a habit of returning profits to investors, making small but profitable acquisitions, and being managed in a generally conservative manner. All good points, methinks. The PER is currently 12.5, the yield about 3%, there is money in the bank, and there is a positive stockrank from Stockopedia.

Blanketstacker 26 Oct 2015

Re: New Chairman The outgoing chair just sold a million, and has four times that left to place. But the fundamentals DO still indicate a buy to me!

EssentialInvestor 26 Oct 2015

New Chairman Is ex Misys I notice.Misys was bought by private equity firm Vista in 2012.Microgen's Aptitude Software addresses similar end markets.We have been made aware that MCGN has rebuffed one private equity offer this year.

EssentialInvestor 25 Oct 2015

New Chairman designate Buys 200K The new Chairman designate buys 200,000 shares, the purchase made even before joiningthe BOD in 2016.Trading continues on track.

Blanketstacker 15 Oct 2015

Re: Worth a go now? No one else has chipped in, so here are my further thoughts. If he sells up now he will realise c£3.5m. but the dividend would pay him around £100k pa. The shares have traded as high as 180, and broker targets are 135-145. Taking a quid each would be really silly. He has other employments, so cash cannot be a problem. The warning he would sell is a very honest warning, and may be helping to keep the price down. We can make of it what we will.I think the next update is not until April, so we wait in hope.

EssentialInvestor 11 Oct 2015

Re: Worth a go now? My surprise is that the Chairman may want to exit at these levels IMV.Looking at the current yield and tender offers, any other views on this ?.

Blanketstacker 06 Sep 2015

Worth a go now? I have topped up now. My reasoning runs thusER = 12PEG = 0.28Yield = 3.4%Div cover = x2Recent positive broker comments.There have been a couple of recent small acquisitions, which the company has an excellent record of making profitably. An approach was made this summer by a private equity group to purchase the bulk of the business, but this was declined. This seems to confirm the real value here, and the potential for further growth. The management is responsible and hard working.On the less positive side there is as yet little evidence the retiring chairman has found a home for the 7%+ of the company he is looking to sell. Also revenue has been somewhat static of late.However the positives far outweigh the negatives. The company is currently trading at a five year low. A more reasonable price here seems to be c125, so there is possibly a 20% potential profit here.