Misys with Charts

17.12.05 : Merrill Lynch repeated its buy advice. Merrill thinks the shares trade at too much of a discount to the software sector for a profitable, cash-generative company in transition.

20.12.05
Citywire Verdict after todays trading update:

There may well be some further disruption while Misys completes the sale of Sesame and probably the sale of the general insurance business as well.

Once these are complete, it will have two solid, if not wildly exciting, software and services businesses, from which it ought to be able to extract further growth and value. One to stick with if you have the heart for some short-term volatility.