Melrose Industries Share Discussion Threads

[meanwhile] 06/5/2018 19:27

I see it's all gone sour again between Minerve and brexit, aided by his companion stooges. There were signs of a reconciliation a few days ago, chatting, thanking each other, exchanging investment advice, but that's gone now.

I would give them both a telling off if I didn't know where the blame lies with this current breakdown. It's clearly with the stooges and their complete lack of ability to think anew. They are like clones of a stuffed vegetable.

[meanwhile] 06/5/2018 18:46

Minerve,
the Alex Ferguson thing is just another case of celebrity worship, rather like the Melrose boys are now getting from these 3 stooges. None of us want anybody to have such an illness but to me he's just another fellow.

Almost time for your BBC Countryfile lads, with Matt Baker, don't miss it.
Ah, you City folks.

[minerve] 06/5/2018 18:12

Thanks. :)

[gettingrichslow] 06/5/2018 17:43

Looks like a fantastic spring day in England. It's not quite as warm here in San Gimignano (City of Beautiful Towers) but it's still 22 degrees and blue skies and we're just setting up a wine tasting networking event in the grounds of a winery with amazing views over a valley. Good to see Minerve not bitter and twisted about much today (apart from SAF). Flying in to Biggin Hill tomorrow on a 12 seater which will no doubt meet disapproval from M&M!

[meanwhile] 06/5/2018 17:32

Getting to know you,
Getting to know all about you.
Getting to like you,
Getting to hope you like me.

Haven't you noticed
Suddenly I'm bright and breezy?
Because of all the beautiful and new
Things I'm learning about you
Day by day

[minerve] 06/5/2018 17:22

Why a shame?

If it is shame for him why isn't it a shame for the children who will die because the NHS can't afford another £6M? Or is it different because we see his ego on TV every weekend?

Fergie is a shady man. Refused to talk to the BBC when it discovered his son was seemingly involved in bungs and met his match big-time when he came up against the big boys on the racing scene. Had to back down there a little, how embarrassing for him.

[brexitplus] 06/5/2018 15:19

Yertiz.

Shame about Alex Ferguson. I suppose some may say he was paid too much and is too wealthy but a great manager.

I won’t even mention Gloucester. All eyes on the match against Cardiff now.

Agree about the channel of value, as an average of course.

[brexitplus] 06/5/2018 15:15

MW. Here in Glorious Gloucestershire. Fabulous walk in Frampton on Severn this morning followed by roast chicken, boiled potatoes and home grown purple sprouting, then by raspberry clafoutis.

Did you know Frampton reputedly has the largest village green in England?

Why go to Paris or Tuscany when you have weather like this here.

[meanwhile] 06/5/2018 14:48

Where’s the other stooge today?
Paris? Tuscany?

[yertiz] 06/5/2018 13:14

A game too far - can’t be upset after the storming Second half of the season with many more than a fair share of injuries and illness. All in all a season of personal triumph for some and one to last long in my memory. Football isn’t a matter of life and death - it’s far more important than that! (Bill Shankly).

Melrose seem to have found a channel of value (I’m not going to use the word ‘range’ as it may be confusing for some on here). Looks like fair value is now at 220 -235p. Happy with that, a solid base on which to build.

[brexitplus] 06/5/2018 08:09

Vertiz

So near yet so far. Sorry about Argyle. Best Gills win of the season I hear.

I suppose it was a long shot anyway.

[gettingrichslow] 05/5/2018 22:25

Presumably you're selling your £250k holding in protest then Meanwhile? Or are you "hitched to a vehicle that has made you some money in the past and you have no vision or imagination?" Incredible hypocrisy from Minerve-lite!!

[brexitplus] 05/5/2018 21:36

Hi All

Just back from partying to excess.

Excess food, excess booze and excess fun.

[meanwhile] 05/5/2018 21:01

Mattoxy,
Have you corrected that little error regarding who was partying to excess?

[meanwhile] 05/5/2018 20:44

Minerve, You'll never get this little gang of deniers to admit that you're correct about the bonuses, even though they know you are. Who wouldn't know that a £40M bonus each for their contribution to improving FKI & Elster, and another £40M for Nortek & GKN, were just ridiculously high.
They can't admit it because they're hitched to a vehicle which has maybe made them money in the past and they hope may do so again. They can't see beyond that same vehicle, because they have no vision or imagination.
This also explains why they are so boring.

Why Graham 'The Times' Burn is so boring is another matter.

[minerve] 05/5/2018 20:22

getting rich slowly
getting rich never at all
getting no knowledge
getting no wisdom

;)

[meanwhile] 05/5/2018 18:22

Getting to like you,
Getting to hope you like me.

[minerve] 05/5/2018 14:27

gettingrichslow

Actually if you go back to the posts I wasn't boasting. The only two who boast on here are you and brexitplus! Looked in the mirror? "I'm off to Tuscany", "I'm in Florida" bla bla bla.

Bill Gates is, or there abouts, the world's richest man. He supports the AIDS cause in Africa. Should we not be listening to him because of his wealth? Does he not have a point?

He isn't going to willingly give up his wealth, neither are Melrose and neither am I because it would be a hollow victory. What is needed is change. So that people do not get into these positions in the first place. So we can afford to pay for important things like cancer drugs and not irrelevant pieces of sh*te like yachts and sports cars and too much travel for our own good.

You have an equal say in these matters, as do I, and just to remove your responsibility and excusing yourself because of others or your own predicament is selfish, ignorant and, quite frankly, not good enough. If your children or grandchildren grow-up with any reasonable degree of intelligence they will see the current failings in you.

If I had that second home, which I no longer have, I would quite happily give that up to pay for that child cancer drug. But I really don't see why I should when charlatans are rewarding themselves £47M for not doing very much. And they would say the same thing when they compare themselves against Bill Gates.

This is something that needs critical mass in society and apathy and ignorance from individuals and the masses of morons isn't going to change something that is fundamentally broken and not working. Nobody can say, hand on heart, that current modern-day capitalism is working, it isn't. Get your head out of the sand before it is too late.

As far as you are concerned gettingrichslow - this is the end of this argument with you - I am not wasting my time on an intellectually challenged moron. I reserve the right to continue this discussion with more mature individuals who may see at least some small part of truth in what I say.

[gettingrichslow] 05/5/2018 14:01

You've put forward the sort of argument one hears in a sixth form common room by someone who has just read their first 'Socialist Worker' newspaper. You can't boast about buying a $1.4m second home and then lecture others about the need for more wealth equality!

[minerve] 05/5/2018 13:29

Do I have a point or not?

Please be mature and stop behaving like children. You are adults, no?

[gettingrichslow] 05/5/2018 10:30

Looks like I've cornered Minerve - he's on the ropes...

[brexitplus] 05/5/2018 10:17

Oh for a couple of million a year like minerve. We can only dream. What we have comes from savings, investments and a small inheritance.

Of course we like good food and wine. And beautiful things like music, flowers, etc.And family parties.

And, by the way, we only support childrens’ charities.

[gettingrichslow] 05/5/2018 10:08

"£47M a year to me is obscene, disgusting and should not be part of a - one would hope - progressive society."

Ok, but spending $1.4m on a second home in Florida would also be seen by a lot of people (especially in the third world) as obscene and disgusting. You could have spent that on saving multiple lives in Africa. So are you mouse or man Minerve??

[minerve] 05/5/2018 09:32

I'm having no party and nobody said people can't have parties! LOL

It is a question of degree. No one is even saying that the Melrose directors can't be rewarded for their efforts even though I know that they are not building a company - they are buying it using OPM.

Yesterday, on C4 news, and they mentioned it earlier in the week, a drug for a nasty form of child cancer isn't going to be funded on the NHS. The total bill for this drug per annum is £6M - because it is rare form of very nasty cancer.

Melrose directors rewarded themselves £47M each last year.

Now, to me, that tells me society has accepted that it is satisfactory to reward these individuals these obscene levels whilst at the same time letting the children die to save £6M. Society has accepted this. If society hasn't accepted it, surely something would be done about it. Nobody needs rewarding more than a couple of £M per annum because nobody is doing anything special that could be done by someone else.

By being a Melrose shareholder you are passively accepting that the status quo in society is OK. Same if you were a Persimmon shareholder and so on.

You can make individual choices. You can invest elsewhere.

Here is another example. Lloyds PE bought LearnDirect and have milked the government funded initiative to its death. Independent bodies have ruled it is no longer fit for purpose. Learndirect was set-up to educate adults into new jobs, to give them hope and opportunity towards the latter end of their working lives. That hope has gone to make Lloyds PE fat profits for Lloyds and excessive remuneration for the executives involved.

So I refuse to buy Lloyds. Like I refuse to buy Melrose. Yes, bad things happen all over the place but there is a degree of acceptance and £47M a year to me is obscene, disgusting and should not be part of a - one would hope - progressive society.

We can all make a difference and just saying I voted against the pay but remain a shareholder is poor and is shying away from responsibilities in society that we ALL HAVE whether we like it or not.

Now, the only thing we all have in life to leave is legacy. Do we leave a shallow legacy of a financial inheritance - if we are lucky - or do we leave a meaningful inheritance of strong values to our children and grandchildren.

It is really the case of are you a mouse or a man.

Enjoy your bank holiday.