Melrose Industries Share Discussion Threads

[brexitplus] 09/4/2019 14:59

I see that Jeffries just updated the Burford target to 2253 from 1747.

[ryelodge] 09/4/2019 14:49

Yes. Cash is King. Ask any Private Equity player what they require from an investment and they will say a 25 or 35 DCF Return, which fits with the Capital Asset pricing Model. Not Book profit that is a moveable feast or a percentage margin that you can't put in the bank. Isn't this what the MRO boys try to do?

[minerve 2] 09/4/2019 14:24

I'm afraid profit is still vanity. It is cash that is sanity. Wrong again, idiots.

[brexitplus] 09/4/2019 13:48

Getting

Of course, all that revenue doesn't guarantee any profit. And what really matters, yes you've guessed PROFIT.

[gettingrichslow] 09/4/2019 13:32

Securing all those contracts has done wonders for the market's confidence today...fanboys beware...

[minerve 2] 09/4/2019 11:32

"Then you need dodgy accounting to make it look good."

You mean like sack a few hundred people here and there and boost earnings? LOL

[minerve 2] 09/4/2019 11:31

"Big difference between securing contracts and making profit..."

Really, bloody hell, you don't say!

I'm in awe at the smart company we find ourselves in! LOL

[brexitplus] 09/4/2019 11:23

Very interesting article on how GKN Powder Metallurgy is changing manufacturing in the Auto sector

hxxps://news.pminnovationblog.com/blog/how-metal-3d-printing-is-transforming-automotive-manufacturing

[brexitplus] 09/4/2019 10:07

Getting, I agree totally. Wafer thin margins, very competitive, as Carillion found out. Then you need dodgy accounting to make it look good.

[steeplejack] 09/4/2019 10:06

https://shorttracker.co.uk/company/GB00BZ1G4322/

[brexitplus] 09/4/2019 10:06

Yertiz

Don’t you mean squawk???

[yertiz] 09/4/2019 10:05

Keep getting this squeaking noise....sounds like a little mouse blowing its top....ROFLMAO.

[gettingrichslow] 09/4/2019 10:05

Big difference between securing contracts and making profit...

[minerve 2] 09/4/2019 10:01

Thought so. No rationale. Just watched the share price fall.

Here is a some advice: When you BUY a share you are BUYING a piece of a company. It is what the company is doing that matters, not the SP, generally.

Kier have secured £1.4bn of contracts this year already. They will do because others have gone bust and others no longer meet new demands on the terms of delivery.

LOL

[yertiz] 09/4/2019 09:56

Someone squeak?

[minerve 2] 09/4/2019 09:54

Go on then Yertiz, tell us why it is like Carillion. Let us pretend YOU are the expert.

I'm waiting......

[brexitplus] 09/4/2019 09:32

Hi Yertiz

I watched the rugby highlights last night. Exeter were very impressive. And pleased with Glaws.

Leicester certainly struggling, even with all their internationals.

And yes, Kier touched 320p. House broker Peel Hunt still talking it up!!!

[yertiz] 09/4/2019 09:19

Didn't someone once say that Kier is nothing like Carillion? Those falling knives are so deceptive, well done for catching it, inspired investing, ROFLMAO!

[brexitplus] 09/4/2019 09:01

Re Kier, averaging down, and down and down ... or shorting.

Isn’t it great news that you don’t lose money if you don’t sell.

[gettingrichslow] 09/4/2019 08:44

B+, but remember if you don't sell then it doesn't matter how far it has fallen, so it doesn't make any difference.
Ryelodge said so.
Another low for Kier again today, but Porky is no worse off because he isn't selling. So it's good news. Same as if the shares were rocketing upwards - that would be good news too.

[minerve 2] 08/4/2019 22:02

getting

Why are you holding an investment that you paid £14K for that is now worth £5.45?

Ever thought of making a negligible value claim? It is worth looking into.

I don't know why I should help.

I've been in and out of BATS for decades. I know the industry quite well.

[gettingrichslow] 08/4/2019 21:53

Ryelodge, that's great news. Following your weird logic I haven't lost any money on my Wasabi Energy investment because although I paid £14,000 for them, and they're now worth about £5.45, I haven't sold them yet (there's little point because the dealing charges would be larger than the sale value) so therefore everything's fine right? I haven't lost anything at all and never will because I'll never sell! You've also not been reading Porky's posts carefully enough if you think he's held BATS for months, not years. And now the Porky one thinks I'm a 'Business Consultant' and seems to have forgotten his previous theory that I work for Deliveroo! 😂😂😂