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MRO Melrose Industries Plc

603.60
0.60 (0.10%)
03 May 2024 - Closed
Delayed by 15 minutes
Melrose Industries Investors - MRO

Melrose Industries Investors - MRO

Share Name Share Symbol Market Stock Type
Melrose Industries Plc MRO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.60 0.10% 603.60 16:35:21
Open Price Low Price High Price Close Price Previous Close
605.40 603.80 613.00 603.60 603.00
more quote information »
Industry Sector
INDUSTRIAL ENGINEERING

Top Investor Posts

Top Posts
Posted at 22/4/2023 10:33 by typo56
Believe it or not, in some ways CGT isn't quite so complicated as it used to be.Years ago we had taper rates, with gains on AIM shares being tapered at a higher rate than non AIM shares. You can imagine the complication when one of your holdings moved to or from AIM (was based on number of days held inside and outside of AIM).There used to be an program called FairShares which did a brilliant job of managing CGT and dealing with all the rules. Sadly it got acquired by Updata and was never the same again.Fortunately I guess for most private investors these days they hold shares within ISAs and SIPPs so CGT isn't really an issue.
Posted at 22/4/2023 09:51 by gargoyle2
From The Times yesterday "What of the new Melrose? Well, to judge by the market reaction, investors like a focused aerospace group making airframe and engine structures, with £3 billion sales and geared to the aviation recovery." I wonder if MRO might be a buyer of SNR's Aerostructures business at some point -- £270m of annual revenues. Possibly too small maybe. SNR is looking at the best time to put this back on the market.
Posted at 21/4/2023 09:17 by steeplejack
It gives guidance but its pretty general and doesn't specifically apply guidance to demerging.As it stands,Melrose on its investor site cites its market capitalisation as £5.6bn.The Dowlais site states its market cap at £1.6bn.Notionally,the combined group would be £7.2bn.That means that Dowlais would be 22% of the notional group after yesterdays price moves.
Posted at 08/9/2022 09:57 by watcher13
With the current high levels of investor scrutiny of governance I'm sure the Melrose RemComm will act appropriately and halve their pay at Melrose - after all it will only be half the business and half their time - or am I being a bit naive?
Posted at 26/8/2022 18:16 by ali47fish
the chart indicate the share price has been down over a long time and city am says the following

Unlocking cash from ailing businesses has been Melrose’s track record for over a
decade now, prompting Peel Hunt analysts to recommend buying the firm’s shares.
Since May 2005, it has generated a 19 per cent annual return on equity investments.
Its model has held up well through economic downturns. The City’s consensus
forecast for its first half profits are just over £160m.

i know it operates differently form other companies but does this ring right to you investors- opinions welcome
Posted at 29/3/2022 17:09 by darrin1471
RR. Pay per air mile or any other service model would have been equally hard hit by covid as less flying = less servicing. These once in a lifetime events happen quite often in aviation. Financial crash, volcanoes, engine flaw and covid.
RR has a decade of visible service revenue on existing built engines which will return as flights resume. Having defense and industrial divisions helps RR survive the stormy waters. Good for the employees if not shareholders.
From memory there were activist investors calling for a shake up 4-5 years ago when RR had Trent 1000 design issues. They saw more value even when the share price was £10+(pre dilution)
As the government has a golden share there would be few buyers for RR. Backers may be willing to bankroll a MRO purchase if they see MRO management being able to realise the value in RR. Post brexit the government may be open to a big UK industrial conglomerate like GE or Siemens.
Again I am not sure, but from memory GKN was a much bigger fish than MRO when they launched a hostile takeover.
Holding both MRO and RR, I am inclined to move more from MRO to RR.
Posted at 09/3/2022 13:56 by 1justine
I think they made many investors rich 5+ years ago. Since the GKN Acquisition ie the most recent 5 years or so , when a great number of new shareholders came in, they have made us poorer. And all the puff and numbers gimmickry from the Company 's Public Relations Department can't change that reality.The issue, as always, is : What have you done for us lately?
Posted at 09/3/2022 13:13 by essentialinvestor
1just, they have made many investors rich over the years.

You can look at their long term record or the results the GNK business was
achieving under their ownership pre pandamic.

The question now, what are prospects over the next 2-3 years.
Posted at 09/3/2022 12:53 by medieval blacksmith
"AA was loaded with debt and investors arguably took a bath in buying a heavily
geared asset from private equity."

But eventually private equity bought it up again! AA wasn't set-up like a normal company. For those that actually do their research it doesn't go into administration like one would normally expect (this is a dig at getting not you Essential).

Every company has some value. I bought very low - not at the IPO - but still made a small loss. I made a much heavier one on Kier.

Getting has a fixation on these two companies because he knows I lost money on them. It is a typical troll trait I'm afraid. Sad isn't it. He has nothing better to do.

As far as I'm concerned it truly is water under the bridge. I've had worse, much worse.

It is all par for the course if you are serious about investing and do it full time. If you just buy fanboy stocks like getting does you will have made money over the last decade because of central bank activity. The following decade will be much harder and many of those wet behind the ears will find out they don't know much about investing at all. It has been an easy ride, for all of them, including getting. All getting returns on shares and increased LTIPs for doing regular stuff that most monkeys can do.

Once you have been around the cycle a few times, like you and I essential, it sorts the men from the boys.
Posted at 09/3/2022 12:38 by essentialinvestor
getting, I was very bearish on AA and Keir as it happens and mentioned this at
the time on the SHA board on more than one occasion.


AA was loaded with debt and investors arguably took a bath in buying a heavily
geared asset from private equity.

Keir, well construction was a sh1t business when I was a teenager working for
Higgs and Hills, wafer think margins, contracts often priced too aggressively
to win business leading to cost overruns and it is broadly speaking still a sh1t sector all these years later

There are some notable exceptions, Morgan Sindall, Henry Boot - they more specialise in niche segments

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