Melrose Industries Share Discussion Threads

[steeplejack] 28/6/2017 13:08

Only......

....just over 8 million shares.Held some 10 million at the 2016 balance sheet date.I suppose we should presume that this means there's nothing corporate imminent.

[eipgam] 28/6/2017 12:26

Hmm... do you know how many has he left?

[steeplejack] 28/6/2017 09:01

David Roper sells 2 million at 254.65p on 26th June.

[steeplejack] 19/6/2017 23:44

Melrose has never aspired to being a FTSE 100 company.It's quite happy to fly just below the radar in the upper tiers of the 250.Draws less attention.

[breggsit] 19/6/2017 16:44

Article re MELROSE being FTSE100 reserve:

[...]

[panic investor] 18/6/2017 20:52

That's alright then I hold both !

[typo56] 18/6/2017 20:25

MRO is one of six companies on the reserve list. What matters is who is top of the resevere list if and when a slot comes up for a mid review promotion. At the moment it would be a very close call between MRO and NMC.

[grahamburn] 17/6/2017 17:07

Note the mention of Melrose and the FTSE100 (not sure where this text comes from - seen on another board):

"Elsewhere, popular potash miner Sirius Minerals (SXX) finally moves to the main market and will take its place in the FTSE 250 index, alongside Coats (COA), FDM (FDM), Melrose Industries (MRO) (which gets immediately placed on the reserve list for promotion to the FTSE 100 should one of the blue-chip's constituents go bust or get taken over), Pershing Square (PSH) and TBC Bank (TBCG).

Allied Minds (ALM), AO World (AO.), BH Macro (BHMG), Debenhams (DEB), Keller (KLR) and SVG Capital (SVI) all slip out of the 250."

[typo56] 16/6/2017 20:18

Volume in uncrossing was due to entry into the FTSE 250 index. Funds adjusting their weightings. Similar story at COA.

[breggsit] 16/6/2017 18:15

New to this BB. Did you see the after hours purchase of 87m shares?

[meanwhile] 16/6/2017 11:53

Thanks, Panic. There is only 'gutter media' these days.
But MRO are a compensation.

[panic investor] 16/6/2017 10:06

Meanwhile, this guy summed it up rather well I think

[meanwhile] 15/6/2017 11:39

I've held MRO shares since 2005.

As the British Brainwashing Corporation (some know as the BBC) and Skye compete to find the witness of a plunge from the highest floor in the Grenfell tower, with some details of the injuries thereby sustained (Skye found a Floor 8 witness but seemed to be looking for a higher, in the most unbelievable and the most despicable broadcasting I have ever seen), I turn again to more honest stories, and to MRO.

The pattern of trade & price movements are indicative of an event coming.
My final advice is to buy the shares before the event is announced.

[meanwhile] 13/6/2017 09:54

Sogoesit, if you expect a further equity raise, buy the shares now.

[sogoesit] 13/6/2017 09:17

Well, they've signalled that they're going to acquire something more.
It's just a matter of time.
I'm keeping my allocated cash for what I expect to be a further equity raise.

[yertiz] 12/6/2017 20:25

Or they could be the sign the market is in a state of flux, not quite knowing what to do? May has screwed up her plans and ambitions with some ill-fated policies and directionless electioneering, Conbyn has promised the world to the club 18 - 30's with no way to fund the 'gifts' and the EU are looking at the basket case we've become, rubbing their hands in glee whilst watching the divorce settlement numbers climbing steeply upwards. Melrose is now inexorably linked to the strength of the $ (or weakness of the £) and I fully expect to see £2.50 fairly swiftly. I have faith in Team Melrose, time and again they pull prize rabbits out the hat, nurture and exercise the beast until it becomes lean, mean and desireable.
By the way they do business, Melrose's modus operandi could be Labour's money tree, the Tory's answer to the NHS/Elderly/Pensions/Policing/Education issues and our route to a decent Brexit.

[meanwhile] 12/6/2017 11:50

I would advise faithful, and honest, holders like myself not to be alarmed by the
rather substantial fluctuations recently, like the biggish, few-days fall last week and again today, which may run a few days.
Although there are various possible reasons, these size of movements, falls and recovery, can simply be a sign of significant holders positioning themselves for some event. I saw this before both the Elster and the Nortek acquisition announcements and I'm betting that this time it's the same cause. When I say I'm betting, I mean investing money.

[volsung] 07/6/2017 14:22

Time to take a position on these.

[meanwhile] 04/6/2017 10:52

David, I have no indications or feelings relating to the next acquisition, could be an add-on to Nortek or in a different market.

Acquisition aside, I think the crucial data is H1 2017 figures, expected mid August. They will have owned Nortek for 10 months, compared to the 4 months behind the last set of figures. The improvement, if any, will be a key indicator of how far Nortek can go.

All Melrose stuff aside, I am buoyant this morning. The British Brainwashing Corporation (known to many as the BBC) have finally accepted that not all 'Fizzy Drinks' are fattening, their scientific staff now accepting that the gas contained is calorie free. They will now refer to 'Sugary Drinks' as being harmful.

[dav1dc2] 03/6/2017 06:35

MEANWHILE ref 1798 etc ; have you considered that the next acquisition might be an add on rather than an alternative to NORTEK ? I agree - they have not owned it for long.
Ponder ponder I think your comments are very thoughtful.
Even if they stay as they are I think the announcement of the next dividend expected in Autumn will be really significant.

[meanwhile] 02/6/2017 18:17

'Resilient' I think describes the share price. It finished today above the previous highs of the year, despite a Director selling. A positive gradient can be seen in the lines through peaks & troughs. (Chartists might use other terms to describe this picture, but they do it just to look good. I'm on a more basic level).

If you want to make money, buy these shares.
But don't be too greedy. My motto remains " A gross excess should be quite enough for anybody"

[meanwhile] 01/6/2017 16:18

I could be completely wrong in this, but my senses detect (probably from the trading patterns) that an acquisition move (not necessarily an agreed takeover) is very close.