Since I last updated the market has been on quite the rollercoaster. 2019 ended well following the election and that carried on into the early part of 2020 – until the recent panic over coronavirus which has seen the stock market lose over £200bn in value. I hadn’t done too much trading up until the... Continue Reading →
Micro Focus shares tumble as profits fall off a cliff
Shares in Micro Focus today fell over 20% as the struggling technology company gave investors another hideous update. Again, its problems stem largely from the large 2017 acquisition of Hewlett Packard Enterprise's (HPE) software business. Micro Focus posted a decline in full-year profit and sales and announced the departure of its chairman following what it... Continue Reading →
The Income Investor 