Melrose Industries Share Discussion Threads

[yertiz] 28/2/2018 07:38

Sorry , your point is what, exactly? And what interest in Melrose (as a ‘pro’) do you have? I quite enjoy Brexitplus’ and Meanwhile’s posts - a bit of good natured humour isn’t out of place on here, crass and obscene postings are.

[dansaunders25] 28/2/2018 00:00

Wow. This thread. And people wonder why us ‘private investors’ get looked down upon by ‘pros’. You are all an embarrassment.


Minerve is rude and aggressive, but you guys seriously believe anybody who reads this will think any more of you than him? You are just as bad and just as embarrassing!

You really do need to grow up!

[bukko] 27/2/2018 23:32

brex
you did indeed and thanks for that.You may have been totally underwhelmed by results, which you are fully entitled to be. but the "market" signal based on rising GKN share price was a tad better than in line with expectations.I omitted to say that the MOR share price which fell in middle of day rallied a bit in the afternoon due to MOR response so we shall see how that plays out tomorrow.

[brexitplus] 27/2/2018 22:25

Bukko

I replied

[bukko] 27/2/2018 21:10

I was out all afternoon,so thanks to those who replied. A reminder, my 3 queries were:


Brexitplus

"Market seems totally underwhelmed."

Have you some evidence of that? TVM


sogoesit

"If anything, MRO should reduce their bid price imv... but the MRO share price will probably do that anyway."

It would be appreciated if you could give your reasoning in support of that statement.TVM


yertiz

"Playing right into Melrose's hands and at Melrose's valuation too."

Any chance of the sums for that . I hope you're not an accountant.:-)TVM


The key thing about the market is that it reflects all the info in the public domain as it unfolds.
The GKN share price rose approaching the results and after a choppy start continued to rise for the rest of the day. Clearly market not "underwhelmed" or the share price would have gone down instead of up.

Value of MRO bid is MRO share price x 1.49 + 81p = 2.26 x 1.49 +.81 =418p end of day
Market value of GKN = 431p. which is about 13p above MRO's bid.

As things stand MRO would need to offer more equity/cash just to bridge the gap and the comments of sogoesit and yertiz don't make sense.

MIND THE GAP!

[brexitplus] 27/2/2018 18:58

Non serious post. If you don’t have a sense of humour please don’t read.

Thanks Losos. It’s a case of if I didn’t laugh I’d cry. And I prefer to laugh. So does Meanwhile.

Serious posts here get rubbished by you know who so why not. I know we shouldn’t mock the afflicted but ...........

And I still think Sunderland!!

[brexitplus] 27/2/2018 17:37

Thanks Meanwhile. Good serious point. I was thinking that the committee won’t deliberate seriously until after the first closing. However, it will be interesting. Hope the BBC with its bias will consider broadcasting the committee proceedings. Good to see the opposite sides at work.

[meanwhile] 27/2/2018 17:33

brexitplus, don't forget the Commons Committee session, 6th March I think.

[brexitplus] 27/2/2018 17:28

Serious posting

Nothing likely to happen now until the first closing on 9th March, the day after the Melrose general meeting (think I might go), unless a white knight appears.

Melrose could increase its offer in the meantime to get more investors onboard but I consider that unlikely after today’s poor results and no comments on current trading.

The market seems to have settled on a narrow trading range for both companies.

Time to hibernate for a few days.

[losos] 27/2/2018 17:24

b+ - Nah, gotta be Hartlepool :-) (You lot have given me a laugh today, thanks)

[meanwhile] 27/2/2018 17:06

Yeh, whatever.

[brexitplus] 27/2/2018 17:01

Definitely Sunderland

[eipgam] 27/2/2018 16:52

Oi! Grow up, the lot of you... it's like watching a load of 9 year old schoolkids arguing about whether Hartlepool Utd or Sunderland are the worst football team in the North East ;-)

[brexitplus] 27/2/2018 16:34

Meanwhile. I tend to agree about the woman problem. A very complex case I think. Could be a PhD subject for someone.

Whatever the cause, definitely a case for pity.

[meanwhile] 27/2/2018 16:29

brexitplus,

I may filter him but at the moment he is presenting an interesting case study for my wife.
She thinks there is, or has been, a woman problem somewhere in his life.

[minerve] 27/2/2018 15:45

LOL 😂

[brexitplus] 27/2/2018 15:38

Sogoesit

Don’t forget. Pity is the watchword.

I added that after another poster posted.

[minerve] 27/2/2018 15:34

LOL

I would suggest those that go out of their way to brag about their property, travels and partners are the ones who are insecure and have an inferiority complex.

We really don't care.

Filter me if you like. But you cannot filter the likes of me in real-life.

What a bunch of self-interested losers we have here.

[minerve] 27/2/2018 14:45

Oh, the loss! What am I going to do? 😂

[sogoesit] 27/2/2018 14:42

I’ve reached the limit of my tolerance. Minerve is now filtered.
He joins Que Passa on my list.

[sogoesit] 27/2/2018 14:40

Hi b+ ... interesting experience; thanks for feedback.

I also worked in change management as an internal facilitator in major corporations.
Key issue was whether there was buy-in from the top. Patently MRO are aware of this as they plan to rid top management from GKN immediately. Usually, in my experience, if change is demonstrated to be productive (increase in productivity, working “environment and rewards/remuneration) people are cooperative and willing. The luddites tend to leave of their own accord eventually.