Melrose Industries Share Discussion Threads

[alphahunter] 18/11/2024 10:17

Beautiful.

[steeplejack] 18/11/2024 09:00

UK aerospace company Melrose held full-year guidance after a rise in revenues driven by aftermarket demand in its engines division, particularly in defence. Revenue rose 7% in the four months to October 31, with aftermarket up 32% year on year although original equipment volume growth remained constrained by industry-wide supply chain issues, Melrose said in a trading statement. The company still expects adjusted operating profit £550m - £570m, adding that it was on track to hit a £700m profit target in 2025.

[steeplejack] 18/11/2024 08:30

"As we move into 2025, we enter a period of significant and sustained growth in our cash flow for many years ahead. I am confident that Melrose's established capabilities, technology leadership, and unique position on the world's leading aircraft and engines will create substantial value in the future."18 Nov 24MRO continues to handle the supply disruption headwinds well.Looks set fair.

[yertiz] 14/11/2024 10:46

LB...does make you wonder, doesn't it?

[alfieduncan] 05/11/2024 22:31

Nice turn of events. Hopefully we’ll sail swiftly back beyond 600…

[pharmaboy3] 05/11/2024 22:04

Rerated based on upto date cash flow projection HTTps://www.proactiveinvestors.co.uk/companies/news/1059892/melrose-jumps-as-citi-sees-cash-flow-surging-on-revenue-sharing-deals-1059892.html

[alphahunter] 28/10/2024 15:39

The algos driving it slowly but surely to reach 500p by the bell.

[standish11] 28/10/2024 15:31

– Melrose Industries tops FTSE 100 after risk and revenue sharing explainer
28 Oct 2024 14:30
* Shares of aerospace components supplier Melrose
Industries up about 8% at 478.6p – top gainer on
FTSE100 index
* Releases an explainer for its Revenue & Risk Sharing
Partnership (RRSP) portfolio, one of its biggest revenue generators
* Co says it only records 10% to 30% of available aftermarket income over the life of the engine, which leads to the discrepancy between co's profit and cash
* We see this a positive step towards the market understanding the potential strength of the company's mid-term cash generation - Citi
* Stifel analyst Mark Davies Jones also sees the explainer to be a positive development for shares.

[alphahunter] 28/10/2024 14:37

On RRSPs.To be reviewed in the light of UBS's note, and articulated in the FT on 23rd August.

[alphahunter] 28/10/2024 14:16

New document on their website

[alfieduncan] 28/10/2024 14:03

MRO perky today. Has there been a new broker forecast?

[louis brandeis] 24/8/2024 10:42

OK. So I'll take that back on UBS. Still not sure how they can justify going from buy straight to sell in this situation - but there we go.

Another great piece in the FT by Bryce...



Seems the seeds of doubt have been sown over valuation. It'll be difficult to shake this off for a while.

[1justine] 06/8/2024 15:32

When the going gets rough increase the level of shares bought under the Share Buyback programme. 1,900,000 shares repurchased yesterday. Is that “performance”? Or game playing?

[1knocker] 02/8/2024 19:34

I wonder if this has just got a bit overbought. it has been going up pretty steadily until recently. And of course when a company is buying its own shares that is usually an infallible indication that the price is too high!

[1justine] 01/8/2024 12:34

Yes. Agree the LTIP and all its benefits was voted through but there needs to be some protection for the small shareholder in situations where financial engineering can cause big temporary swings in price. The seemingly perpetual Share repurchase plan and its execution also nags at me a bit with this British aerospace engineer where opportunities for effective spend in the business should abound.

[1justine] 01/8/2024 12:02

Seems a little odd that the MRO price has cratered so soon after the LTIP fortune award to Directors. Alongside The Recent Bryce Financial Times Article should the small shareholder expect the Regulator to take a look at this?

[louis brandeis] 01/8/2024 09:34

Oh, if you don't believe what I say with respect to Melrose I can point you to a very good FT article that raises these issues and provides some very nice charts on lack of performance if you wish. Written by the very astute Bryce Elder - he used to do 'Markets Live' you know, actually I guess you don't.



They obviously bit off more than they could chew and should have left GKN to the real industrialists IMO. Perhaps that is why they have gone back to starting a small shell. Large caps are not in their competence range it seems.