4087 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you a share tip he has published on mid cap tech stock Micro Focus International. Steve writes…
Micro Focus International (MCRO), a FTSE 250 provider of software which enables customers’ business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk, yesterday updated that trading in the three months to end January was in line with expectations and that it expects adjusted EBITDA for its year ending 30th April 2013 to be “in line with current market expectations”. The shares have recovered from sub 240p in August 2011 to a current 665.5p – capitalising the company at approaching £1 billion – and the following reviews yesterday’s announcement and the current investment proposition here…
