Melrose Industries Share Discussion Threads

[meanwhile] 08/2/2019 11:49

MRO worst performing FTSE 100 stock by a distance this morning. The hotshot Directors need to communicate effectively with the market to remove this excessive volatility, which will make MRO unattractive to all but the traders who use it as a tap.

[brexitplus] 08/2/2019 11:47

Interesting new article in The Engineer entitled “Roundtable report: Why collaboration will be key to embracing technology”. Good GKN contribution.

[ryelodge] 08/2/2019 11:41

MRO worst performing FTSE 100 stock by a distance this morning. The hotshot Directors need to communicate effectively with the market to remove this excessive volatility, which will make MRO unattractive to all but the traders who use it as a tap.

[minerve] 08/2/2019 11:36

Did you apply the same logic and reasoning prowess on your Brexit vote? LOL

[minerve] 08/2/2019 11:35

Melrose bottom of the 350! ROFLMAO!

Good choice!

[gettingrichslow] 08/2/2019 11:28

Boneheads - that's a new one isn't it? To go along with dunderheads, morons and chimps presumably, to denote anyone who has a different view on something to the highly intelligent poly graduate from the 'litter infested hellhole' (his words not mine) up north.

[brexitplus] 08/2/2019 11:23

I like this. True or not it should concentrate EU minds.

“Plans are being drawn up to maximise the potential benefits of a Brexit on WTO terms, with the path forward being dubbed ‘Project After’

A cross-department team led by the Cabinet Secretary, Sir Mark Sedwill, are looking at ways the government could help deliver prosperity if the UK leaves the European Union without a deal. The government would have the ability to act fully independent of Brussels, hence why it is such an attractive option for an increasing number of people.

Moves would include cutting corporation tax and VAT, as well as slashing tariffs.

The International Trade Secretary, Liam Fox, told The Telegraph: “Our economic fundamentals are very strong, just look at the figures.

“Our exports are at an all-time high. We have recently overtaken Germany as the biggest exporter to Hong Kong. This is an economy that is in robust health.”

The PRO-EU FINANCIAL TIMES, who originally uncovered the plan, quote the Institute for Government’s Joe Owen as saying: “The fact that Project After now sits with Sedwill means it must be a priority for the Prime Minister.”

Meanwhile FT’s Chief Political Correspondent, Jim Pickard, described the move as “a secret group at the heart of Whitehall drawing up plans to kick-start the economy after No Deal Brexit, through options that range from cutting taxes and boosting investment to slashing tariffs”.

And Conservative MP Nadine Dorries reacted by describing it as: “The sunny upland.”

Good to see a plan in place for a No Deal Brexit. The government must be ready to implement it on 29th March.

[brexitplus] 08/2/2019 10:55

Oh dear, poor old Merkel

“The European Commission made sharp cuts to its growth and inflation forecasts on Thursday, sparking fears over the strength of the eurozone.

But the increasing struggles in Germany - the bloc’s largest economy valued at £3.1trillion - is driving fears over the future of the eurozone, with claims it slid into outright recession at the end of last year.”

[minerve] 08/2/2019 10:45

DOWN SHE GOES, WHERE SHE ENDS NOBODY KNOWS.

Minerve will not say 'when'. I will leave it to the boneheads to decide.

[minerve] 08/2/2019 10:44

I think there is concern about the end markets. Autos and steel are getting bad news ATM and some of the airline industry is consolidating.

[steeplejack] 08/2/2019 10:41

A ten per cent price retreat in a couple of days.You'd think there was some news leaking out but in this market it could just be trading.The stock has broken through technical support at 160,the next support is 153 below the mid 150s that saw three directors by stock pa.Four brokers have buy recommendations with price targets of around 240p.

[brexitplus] 08/2/2019 10:37

Azure, totally agree.

[brexitplus] 08/2/2019 10:36

Florists will be a big indicator. Most flowers come from Holland in huge trucks.

[azure8269] 08/2/2019 10:35

I think at the 11th hour we’ll have a Brexit deal
If not, we will have an April budget which will cushion industry by Corporation tax cuts and industry incentives
Consumers will be stimulated by tax cuts say VAT and personal allowances
Longer term we will probably do what Ireland has already done I.e. Gain inward investment by low tax threshold for incoming industries
Has the government (or can it get) the money to do this?
History shows the answer is yes. (2008 et al) Bank bailouts etc
Having run businesses for 40 years. If faced with Brexit (or any other challenge) I would publicly say “It will be the end of us” Privately I would decide how to overcome the obstacles it presents

[meanwhile] 08/2/2019 10:30

getting,

Your experience at Waitrose is very telling. We've heard this same message from some small traders around here, cheese shops, florists etc. but not from a supermarket.

[brexitplus] 08/2/2019 10:24

Getting, the best Camembert is Tunworth from Hampshire. Raymond Blanc says so. It’s delicious.

[brexitplus] 08/2/2019 10:22

Why is Fatso posting that I am filtered? I bet he’s read every word. Why is he wasting his time?

[brexitplus] 08/2/2019 10:21

Steeple

Agreed but these were provinces that spoke the “same” language and had a common culture. Greece was the same, originally being city states.

Here the EU is simply telling countries it knows best and tries to punish some who go against what it says, eg. Greece, but doesn’t against the more influential like France.

[gettingrichslow] 08/2/2019 10:19

Meanwhile, I was in our local Waitrose the other day and noticed one of the staff loading around 20 unsold Camemberts into the 'Reduced' shelf where they were flogging them for 50p each. I jokingly asked if it was because of Brexit and a case of people switching away from French produce to which she said 'yes we've seen a definite trend away from French and German products in the last year'. Turns out she was the Store Manager. We have a Lidl and an Aldi in our town too so it will be interesting to see if there is a wider move away from them and into Waitrose, Sainsbury's and Tesco!

[minerve] 08/2/2019 10:17

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brexitplus 8 Feb '19 - 10:13 - 8390 of 8391 (Filtered)
brexitplus 8 Feb '19 - 10:15 - 8391 of 8391 (Filtered)

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[brexitplus] 08/2/2019 10:15

And from the DT

French business is playing last-minute catch up over the prospect of a hard Brexit amid increasingly plaintive calls from government and trade bodies to act or lose out to European and global rivals. As many as 30,000 French companies export to the UK, and 3,300 have British-based operations, according to government figures.

“I’ve just got off the phone from Brussels office and the news is not good,” said Thierry Pouch, chief economist of France’s agriculture chambers of commerce. “The European Commission refuses any renegotiation of the Withdrawal Agreement, we have zero room for manoeuvre. The only hope for movement is from political pressure but Emmanuel Macron has already ruled it out.”

[brexitplus] 08/2/2019 10:13

Oh dear

“Germany almost certainly slid into outright recession at the end of last year as evidence mounts of a deepening economic malaise across much of the eurozone.

A shock fall in German industrial output in December has dashed hopes for a quick rebound after the country's "carmageddon" woes in late 2018. It points to more pervasive troubles in Europe’s powerhouse economy.”

[brexitplus] 08/2/2019 10:09

Meanwhile, I totally agree. There are some brilliant British cheeses which match and often are better than French. Likewise our wines and champagne beat the French in blind tastings. Getting out should be a great opportunity for agriculture, fishing, etc.

We grow a lot of our own vegetables which are tastier than supermarket equivalents because they are fresher. Our meat is all local. We bake our own bread and could at a pinch make our own butter.

It is the French, Dutch and Spanish who will suffer food export wise.

[brexitplus] 08/2/2019 10:04

Getting, my opinion, for what it’s worth, is that no country worth it’s salt should be willing to give up its sovereignty to a bunch of unelected eurocrats. And that is what we are seeing across Europe. It’s like international football. You support your country, not the opposition. Every country wants what is best for it, not what is prescribed from the centre. That was the reason for the eventual demise of the USSR.