Melrose Industries Share Discussion Threads

[minerve] 01/12/2018 11:22

If you want to discuss Kier guys there is a thread. It would open up your ideas to more bulls and bears. See what they say. Construction industry is not rocket science and I certainly don't need to speak to my b-in-l to find out. What a chimp! LOL

As for the accounting issue, any person who knows basic accounting knows the tricks that all companies partake in. Kier are not alone. Why do you think a whole plethora of new accounting standards are coming in? Have you figured out how they affect GKN? Probably not.

In this particular case the government is pressurising companies to settle supply chain finance quicker to reduce failure risk rippling down the supply chain like it did with Carillion.

Kier are no Carillion. Please do more homework before making silly comments. Brexit is such a thick c*nt. Unbelievable. Who let him out? LOL

[brexitplus] 01/12/2018 11:01

Getting, just spoke to my civil engineer b-in-l. He says he’s not surprised regarding Kier since margins are so small because companies are played off against one another forcing down contract prices, clients are using every opportunity to use penalty clauses and payment, even from the government, is very slow. He says it’s pretty dire at the moment and wouldn’t be surprised to see another Carillion soon.

Also Kier comment that “it is under pressure to speed up payment to its suppliers.” Didn’t GKN have this problem, using it to make its accounts look rather better!!!

[gettingrichslow] 01/12/2018 10:37

B+, well exactly, it is clearly a case of existing lenders desperately trying to suck in some willing (and naive) punters to put their cash up... can't really blame them for trying! Lemmings only need to come forward! Who is going to want to give a big contract to this basket case now? Nobody. This is why it's a fine short.

[brexitplus] 01/12/2018 10:19

Getting, on Kier

“Alastair Stewart, an analyst at Stockdale Securities, said: “This was clearly an emergency rescue rights issue, required by some of their lenders at breakneck speed. A few years ago Kier were seen by the industry including rivals as probably the most conservative, solid company in the sector. Now it looks like the banks have given them a month to save themselves.”

[minerve] 01/12/2018 09:06

His half-brother did this. His cousin did that. His nephew does this. His sister-in-law does that. Signs of somebody who has done very little themselves. Living other people's lives. Very sad. Tell us more about your lunches. Have you tried Bill's yet or can't you afford it there.

[minerve] 01/12/2018 00:41

Oh look, yet another reply. The sad little jealous man just can't give it a rest. No matter how many threads you follow me on, no matter how many times you try to discredit me, you'll never reach my net-worth and you'll never reach my investment competence. So, do yourself a favour, stick to your day job (probably telesales), you'll sleep easier at night.


Enjoy the weekend because it is back to your day job on Monday! ;)

[gettingrichslow] 01/12/2018 00:13

You're funny, remember it's you that is here on the MRO board! And you can't stand Melrose - you're not a holder - so you're the stalker silly! Love, Getting ❤️

[minerve] 30/11/2018 23:41

And stop stalking. Does wifey know?

[minerve] 30/11/2018 23:41

Good for you. Now run along little boy, you are boring me.

[gettingrichslow] 30/11/2018 23:13

I know you are narcissistic but you are really flattering yourself. I follow all the most shorted shares including Kier, Plus and Pets at Home Group. As I've explained previously (but you struggled to understand) I love a risky investment and this is fertile territory - this summer I went long on Plus and short on Kier and Pets. Enjoying every minute! If you don't believe me check out my exchanges with Elcapital on the Plus board! Good luck with the rights issue 😉

[meanwhile] 30/11/2018 22:45

I hope I didn't cause any trouble with my earlier post. And my apologies to 'Minerve' if I brought down criticism onto him.
What did I say? "There are 3 major culprits on this site."

2 of the 3 have just identified themselves. The other is that unpleasant fellow yertiz.

getting, I think 'rubber whips for sale' is the best search term for you to try.

[meanwhile] 30/11/2018 20:27

Now, come on now, now come on. Why can't we all just get along?

Why do some on here want to see others lose money? It must be an example of the mental condition called 'Schadenfreude' : "the experience of pleasure, joy, or self-satisfaction that comes from learning of or witnessing the troubles, failures, or humiliation of another". The germans have a name for this condition (as you might expect, being experienced perpetrators) but English doesn't, so we use their word. It can often accompany 'Sadism', I believe.

There are 3 major culprits on this site. Could I suggest that if they wish to enjoy these mental conditions they should do it elsewhere, on other internet sites. Such sites are probably easily found. It's easy to think of keywords and phrases which they might try, such as 'Crucifixion', 'Danish Blue'(ignoring articles relating to cheese) and 'rubber whips for sale'.

[minerve] 30/11/2018 20:11

"If you're in the same companies as Woodford, you're in the wrong companies!"

I don't buy Woodford. I buy value. By-the-way, Burford is a Woodford play, one of his babies.

[minerve] 30/11/2018 20:10

getting

If the stocks I am building rise too quickly then it is disappointing, yes. I then have to decide whether the holding is sufficient to justify the effort. I will not add unless the price is very attractive.

Rolls Royce I'm not adding. It would have to fall very far to get to the levels I bought at. That is just a wait now for 5+ years.

[jackdaw4243] 30/11/2018 19:42

My E W friend is giving me £2.00 plus end December, having said that he does have a smaller boat than mine, so I say why is that.

[jackdaw4243] 30/11/2018 19:40

Woodford seems to have hit the buffers on few positions but seems to have a good PR in place.

[gettingrichslow] 30/11/2018 18:39

If share price falls are in your favour then you're doing REALLY well at the moment! Conversely then, if Bovis, Rolls, Kier and all your various other dogs that have been falling relentlessly suddenly start to rocket upwards over the coming months you'll be suffering right??

[minerve] 30/11/2018 18:31

getting

So if you already have a full position in MRO, and it falls, you lose. I don't have a full position in the new UK domestic stocks I am buying. Therefore share price falls are in my favour.

I'm not with the herd like you and I have more than enough money to buy you out many times. Even if ALL my investments in UK stocks hit zero, I would still be worth more than you.

Cheer up chimp.

Have a good weekend.

[gettingrichslow] 30/11/2018 18:28

B+, yes that last paragraph sounds a bit desperate! Avoid like the plague...

[gettingrichslow] 30/11/2018 18:26

I know all about value investing, don't worry about that. Remember I was doing this when you were in shorts. No I'm not building a position in MRO. That's because I've already got a big position, one of my biggest holdings (in shares that is, I'm not counting property). If you're in the same companies as Woodford, you're in the wrong companies!