Melrose Industries Share Discussion Threads

[losos] 22/3/2018 12:41

Yertiz - "there should be some prize at the end...perhaps a candlelit dinner for two with Minerve?"

Let's have three prizes, I suggest:-

1st. Prize, candlelit dinner with Minerve

2nd. Prize, two candlelit dinners with Minerve

3rd. Prize, three candlelit dinners with Minerve.

[losos] 22/3/2018 11:44

MEANWHILE - "I am, though, rather reluctant to mention cats with Minerve about."

Or dogs haha. I love my four legged friends be they feline or cannine.

[meanwhile] 22/3/2018 09:12

Moody again. Should stop listening to the morning news.

Maybe when the vote's announced, all voters should be taken into account, I think the word in establishment circles is 'respected'. For example if Melrose win but GKN get 48%, some of the GKN board would be retained and 48% of Project Boost would be implemented. The company would use some suppliers put forward by ex GKN Board members & GKN pensioners.

In fact you could use the Brexit model, since this is what we're getting with Brexit.

[meanwhile] 21/3/2018 20:43

Great idea, Yertiz.

In the unlikely event of me winning, I won't be giving myself a signed copy of my wallet; there would be little point because I can just get the wallet out of my pocket anytime and view it.
I will therefore buy myself a McDonalds Mcflurry, dairy milk version, and, to follow Yertiz lead, I'll give £50 to Cats Protection.

I am, though, rather reluctant to mention cats with Minerve about.

[yertiz] 21/3/2018 19:52

Judging by the wonderful prizes on offer I would have to say GKN closing price will be 428p.

If I’m on the ball I’ll donate £50 to Plymouth and District Leukaemia fund, a wonderful group who have supported members of my family during some pretty horrible times.

[gettingrichslow] 21/3/2018 19:10

Yertiz, you're not in it yet because you haven't declared a GKN closing price...

[yertiz] 21/3/2018 18:42

You have to be in it to win it!

[meanwhile] 21/3/2018 18:29

Looking a little better for Melrose today, judged by share movements.

Yertiz, my wallet photo will be signed by me, witnessed by a doctor and will be accompanied by a Certificate of Authenticity. The pen is a basic pen, which may have some writing on the side.

If you want more than that, then I think you must have been spoilt as a child.

[sogoesit] 21/3/2018 17:49

Melrose for a win (50%+ 1 share)
MRO:243
GKN:n/a

[brexitplus] 21/3/2018 17:26

Getting ...

Been thinking about the result

Narrow Melrose win

MRO. 230

GKN 435

Is there room in m’s bog (I’m sure he has the biggest bog) for dinner for two? He seems to have been there all day; perhaps he lives there.

[mayers] 21/3/2018 17:05

Well said Yertiz, why not "Myositis Appeal" also, a condition with which I am well familiar.
Or dare I say it, we could think of Tourettes Action!

[gettingrichslow] 21/3/2018 16:54

That's a damn sight more attractive than having a candlelit dinner with Minerve I suppose. Yertiz - you didn't give me a closing price for GKN. Could be all important in deciding the outcome. Some closely bunched predictions so far apart from Minerve who has gone for some wild numbers (MRO 150; GKN 480)

[yertiz] 21/3/2018 16:52

You have a wallet that signs photos??

[meanwhile] 21/3/2018 16:47

The winner receives a signed photo of my wallet and a biro pen.

[yertiz] 21/3/2018 16:30

Fair point GRS, there should be some prize at the end...perhaps a candlelit dinner for two with Minerve?

IQE ran a 'guess the share price on Friday' where a contribution was made by the organizer to a charity of the winner's selection - Myositis Appeal gained £50 - very generous and a worthy cause.

[losos] 21/3/2018 16:22

gettingrichslow :-

WIN (MRO succeed in their bid)
MRO 225
GKN 395 (Last trading day)

You haven't told us what the lucky winner gets for a prize haha.

[mayers] 21/3/2018 15:01

gettingrichslow

WIN (I hope i'm wrong)
MRO 235
GKN 402 last trading but presumably not available on 30th

I shall not reinvest.

[gettingrichslow] 21/3/2018 11:55

Steeplejack, your prediction please?

[steeplejack] 21/3/2018 11:53

He's been gone a long time....

[minerve] 21/3/2018 10:39

If you are cooking, then, just to let everyone know, I'm off for a dump.

[brexitplus] 21/3/2018 10:32

Getting ... since you want my opinion.

Too close to give predictions. I tend to go along with Yertiz, so use his figures.

Of importance in the final result I think the 5.76% in favour a while ago will be very important. As stated in the media this was much higher than expected at that stage. Unlikely to be institutions who tend to declare late so may be small holders fed up with GKN.

Today’s RNS from GKN looks a bit desperate.

If they were in talks with Dana why wasn’t it declared to the market, and to the MPs?

Why wasn’t Project Boost notified to shareholders earlier than 12 January after the Melrose interest?

Also, the £70 million bonus to 400 top managers, averaging £175,000 each. Why will they be any better for the bonus after the poor performance?

Just a few thoughts. Look out for Melrose reply.

Back to my cooking!!!

[gettingrichslow] 21/3/2018 10:21

Thanks Yertiz. Need predictions from grahamburn, Mayers, Brexitplus and others still. I'll accept Meanwhile's interpretation of Minerve's prediction as a valid entry too!

[yertiz] 21/3/2018 09:50

I still think the bid will win, and on that basis I see Melrose hitting the dizzy heights of 229.5p at c.o.p on 30th. As the result is a win, there's no price for GKN.

More interesting will be the end of year price for MRO should the above be true. We could easily be in the £3 territory by then.

[minerve] 20/3/2018 23:04

See, you enjoyed that! Get it out of the system! LOL