Melrose Industries Share Discussion Threads

[brexitplus] 03/9/2018 12:04

Yertiz

Love your definition. Economists seem to think themselves “experts”; and are invariably wrong. I like to get a range of opinions before making decisions. Experts can be a pain in the rear end.

[brexitplus] 03/9/2018 12:02

Hi Losos, good to hear from you again. Hope you, Mrs Losos, apart from the arthritis, and your lovely dogs are well.

Don’t worry, I will continue to post what I find as and when.

[brexitplus] 03/9/2018 11:56

I note with interest that thelast major sports car maker to float was Ferrari, which joined the New York exchange three years ago with a value of $10 billion and is now worth $24 billion.

However,

“private investors will have to wait to buy the shares on the secondary market as there is no retail offering as part of the IPO, which will see around one billion shares in the firm sold. The flotation will be marketed at institutional investors, although Aston Martin employees and customers will also be allowed to buy shares at the offer price.”

So probably a big premium at first.

Still very good for BRITISH engineering jobs.

[gettingrichslow] 03/9/2018 11:51

I agree with Ryelodge on this one. Would be interesting to get a view from beetlejuice?

[brexitplus] 03/9/2018 11:42

Are we any nearer the DEFINITIVE SMALL COMPANY INVESTING MASTERCLASS?

Yertiz, are you still in Cornwall. And re Guy, yes.

[minerve] 03/9/2018 11:40

Personally, I wouldn't touch Aston Martin shares with a bargepole. But it will appeal to the less informed, I'm sure.

[yertiz] 03/9/2018 11:39

....as in Guy the Gorilla??

I've filtered Minerve so don't see any of his warped and twisted views. As the name suggests, you get on mi nerves!

It must be that Mrs. MW has taken his laptop off him and is typing sense!

[brexitplus] 03/9/2018 11:38

Surely the post should have read

“Well, what can I say? If the Brexit movement had somebody with the courage, vision and wherewithal to actually first know what the morons, EXCEPT MEANWHILE, want, and then execute a plan, then you wouldn't have to rely on Remainers to do the dirty work!

[minerve] 03/9/2018 11:38

"Concerns have focused on some of the carmaker’s racier accounting policies. For instance, it capitalises much of its R&D expenditure, amortising this over the expected life of each model it makes. As Aston Martin’s plans involve launching seven new models in as many years, of which four are still to come, this will greatly increase the size of this intangible asset on the balance sheet. Investors can only hope that as each new model rolls off the production line, it sells sufficiently to absorb the rising amortisation charge. If not, impairments loom down the road." - FT

You can't argue with that.

[minerve] 03/9/2018 11:36

Oh, yes, back to Aston Martin:

"More than nine-tenths of the shares are in the hands of two private equity investors: the Kuwaiti group, Investment Dar, and Investindustrial of Italy."

Flying the British flag?

I don't think so.

[minerve] 03/9/2018 11:33

MW isn't a moron. The Brexit movement and MOST within it are.

[minerve] 03/9/2018 11:32

brexit

“slick supply chains are critical for success”

The US and others do have these but we are unlikely to be part of those supply chains. Geography is not helpful.

Why do you think we trade so much with the EU? It is no accident.

Honestly, this is schoolboy stuff Brexit. A levels etc..

[brexitplus] 03/9/2018 11:22

Yertiz

Have you rattled Guy’s cage?

MW

Re a previous m post, are you a moron?

[brexitplus] 03/9/2018 11:22

“slick supply chains are critical for success”

I guess only the EU has these and not the USA, Japan and South Korea. Time they got up to date.

[minerve] 03/9/2018 11:19

Yertiz

You think democracy exists in the UK? What a turnip you are!

First, £1Bn bung to 10 Irish MPs - some democracy that is!
Second, attempting to execute the royal prerogative to circumnavigate parliament!

You are hav'n a LARRRRRFFFF old boy.

[yertiz] 03/9/2018 11:08

You also forgot democracy....there's none visible in the EU.

[meanwhile] 03/9/2018 11:03

Minerve, It has been a shambles but we now see why; because it was led by a PM who didn't intend to take us out but had to look as though she was.
The EU thrives on tariffs to outsiders. A UK outside the EU would bring down those tariffs.
The EU is just a machine, pre-programmed with a few principles, with no leaders, just conductors & figureheads, no heart, no conscience and no soul.

[minerve] 03/9/2018 10:44

Well, I want to stay in the EU. Brexit has been a shambles from the beginning. In this world of globalisation (it's going to happen whether we like it or not) slick supply chains are critical for success. You will not get that through tariffs, customs issues and differing standards. Quality of life and the power to maintain it stems from economic strength and we are currently travelling in the opposite direction and will soon find ourselves marginalised, if not already.

Happy Christmas!

[meanwhile] 03/9/2018 10:19

Good Morning, Minerve.

Please read my previous post and join the campaign.

brexit+ (the man) has always had this problem of false, unfounded optimism.
You say" Large companies are always employing people, it is the delta that matters." They are indeed in a constant state of flux, some business areas receding, some growing, markets changing, people aging, dying, leaving for better things. Only the positive-looking ones are announced.

[yertiz] 03/9/2018 10:15

Hooray! Knew you had it in you - at last a decent post from Meanwhile! Not cut 'n paste, not posterior licking or cringeworthy, just as it is and I agree wholeheartedly with your summing up. May is a disaster waiting to happen for the British folk, mind you, so's Boris, Cable, Corbyn, Gove and most of the rest.