zulu principle2
17 Dec 2014
Re: bought today sorry about duplicate post and an errorshould have read4 years of continual growth which can be a combination of historic and forecast growth – No only 2 ForecastLow Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) – Yes
zulu principle2
17 Dec 2014
bought today MICRO FOCUS INTERNATIONAL Why I bought4 years of continual growth which can be a combination of historic and forecast growth – Yes Low Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) – No only 2 ForecastBased on a price of £10.28 on 17th Dec-142015 EPS Forecast 79.10p EPS Growth 61.4% PER 13.0 PEG 0.21 2016 EPS Forecast 90.50p EPS Growth 14.4% PER 11.4 PEG 0.79Below are based on 2014 ResultsPositive 1 Year Relative Strength - Yes Positive 1 Month Relative Strength - Yes ROCE of 20% - Don’t have Figure Profit Margin of over 7.5% - Yes 35% Cashflow Per Share greater than EPS around 1.3 - Yes 1.49 Low Gearing – Don’t have Figure Director Share holding >10% - No less than 1%17-Dec-14 Kevin Loosemore – Chairman bought 8,968 shares at £10.74 totalling £96,275 24-Sep-14Richard Atkins - Non Exec Dir bought 5,886 shares at £10.24 totalling £60,263Quick ratio of > 1.0 but preferably >1.5 – No 0.3 Dividend Yield (a nice to have) forecast - YesWhat brought it to my attention was the Director buying £96K today. Its 2016 EPS Growth is a little lower than I generally look for and the PEG a little higher.See what I look for when buying a stock at[link] on Twitter @GrowthStocksUK
zulu principle2
17 Dec 2014
bought today MICRO FOCUS INTERNATIONAL Why I bought4 years of continual growth which can be a combination of historic and forecast growth – Yes Low Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) – No only 2 ForecastBased on a price of £10.28 on 17th Dec-142015 EPS Forecast 79.10p EPS Growth 61.4% PER 13.0 PEG 0.21 2016 EPS Forecast 90.50p EPS Growth 14.4% PER 11.4 PEG 0.79Below are based on 2014 ResultsPositive 1 Year Relative Strength - Yes Positive 1 Month Relative Strength - Yes ROCE of 20% - Don’t have Figure Profit Margin of over 7.5% - Yes 35% Cashflow Per Share greater than EPS around 1.3 - Yes 1.49 Low Gearing – Don’t have Figure Director Share holding >10% - No less than 1%17-Dec-14 Kevin Loosemore – Chairman bought 8,968 shares at £10.74 totalling £96,275 24-Sep-14Richard Atkins - Non Exec Dir bought 5,886 shares at £10.24 totalling £60,263Quick ratio of > 1.0 but preferably >1.5 – No 0.3 Dividend Yield (a nice to have) forecast - YesWhat brought it to my attention was the Director buying £96K today. Its 2016 EPS Growth is a little lower than I generally look for and the PEG a little higher.
smellygasman
21 Nov 2014
Re: Corporation Action Vote 18th Nov On The 12 November I Received this e mail from Fidelity my crest sponsorMicro Focus International - Ord GBP0.135416 (to become GBP0.10)Return of Capital and Consolidation - Update We are writing to let you know that further to our last email to you, the company has announced that the record date for the proposed return of value of 60 pence per share has been postponed until further notice. It is currently envisaged that the revised payment date will be no later than the 8th December 2014. The return of value will be accompanied by a share consolidation on the basis of 0.9285 new ordinary shares for each existing share held. In the meantime, if you require any further information or assistance then please do not hesitate to contact us.Regards,ShareNetworkWhich led me to belive it was held up for a future date.
GerardP
20 Nov 2014
Corporation Action Vote 18th Nov I previously voted for the B Option but this was ignored and the default A option was applied on the 18th (Deadline date).Was anyone actually able to vote for the B Option on the 18th Nov via their broker? I have raised a complaint with TD Waterhouse who seem to be passing the buck onto Micro Focus. My issue is that TDW could have emailed the Corporation Note out earlier than 7.59pm on the 18th Nov - which I only saw the next morning.Gp
