Melrose Industries Share Discussion Threads

[brexitplus] 30/5/2018 16:40

Welcome back Losos. Hope the dogs are well. Yes, I will be topping up too.

Moody’s - pinch of salt - based on GKN performance under the old board who oversaw years of decreasing operating profit margins while wasting a huge amount of shareholders money trying to protect their own jobs. Think £40 million Dana break fee, paying Dana’s fees, etc. This was all more than the £80 million they stated.

Minerve, I thought we’d buried the hatchet.

[meanwhile] 30/5/2018 13:50

I suppose in response to the Moodys' credit rating downgrade, you could just say 'well, what do they know about these things anyway'.

[gettingrichslow] 30/5/2018 13:46

No-one is 'promoting money as the ultimate objective of success'. Far from it. The lad saw some numbers moving on my screen and wanted to know more, so I explained what they were and he said it sounded really interesting. Rather he learns about that than joining a gang or gets involved with drugs etc in a few years time surely? But of course you have no idea of the context, you just want to leap in and call people 'idiots' or 'morons' etc...

[minerve] 30/5/2018 13:24

Really?

Good advice to children is not to get them interested in the stock market at that age, end-of-story. Why? We should be teaching them other things of value and not promoting money as the ultimate objective of success, society and a man's worth.

You really are an idiot getting.

[losos] 30/5/2018 13:19

Hello B+ and all the 'gang' (smiles a greeting)

Have taken a few days out due to other 'things' going on around here, I regard my investing as a 'part time' job but I swear when I was a full time wage slave I think I had more time than I do now haha.

I will go back and catch up on the 'discussions' not likely to see anything to upset me now haha. My first shares were in the company I had just begun working for, they quickly received a huge takeover offer, I asked the guy at the Lloyds Bank desk what I should do, he said "You never loose if you sell at a profit" that got me thinking but it was actually many years after that before I was able to 'get back in the market'

Oh and by the way I used yesterdays little drop to add to my MRO holding bringing it up to roughly where I want to be, probably add a few more after the next dividend 'tho I don't do auto re-investment prefering to wait until I see an opportunity such as yesterday.

[brexitplus] 30/5/2018 10:44

Disadvantaged background I have found no disadvantage. Hardens you. But would have loved to have gone to the nearest public school as a day boy. Fabulous facilities. Instead A technical high but brilliant teachers. No investment club!!!!

[tournesol] 30/5/2018 09:50

Getting

yes but did you come from a disadvantaged background?

children who go to private schools (or state schools in rich areas) are more likely to be exposed to information about the stock market than those in deprived areas

The young Jacob Rees Mogg used to read the FT and follow the markets - but he went to Eton not a Comp in a tough area

[meanwhile] 30/5/2018 09:26

getting,

Try to get a copy of "Rupert Bear goes to Wall Street" by Mary Tourtel.
A thumping good read.

[gettingrichslow] 30/5/2018 09:16

Tournesol,
Thanks for the information, I'll check those out. I bought my first shares when I was 14 (via an adult) and had been interested for at least 2 years before that. Bear in mind children have taken A levels at 9 years old and got A* grades! I think Meanwhile's book would be the right kind of level.

[brexitplus] 30/5/2018 07:11

Getting, in response you’ll probably get a recipe for rice pudding. Well done with the volunteering.

[gettingrichslow] 29/5/2018 23:50

Meanwhile, I've just spent a day volunteering at a primary school in a deprived area and one of the boys said he was interested in learning more about the stock market but he can't find a reference source suitable for his age range and ability. Can you give me the name of that book that you read a few years ago please?

[meanwhile] 29/5/2018 22:47

For vegetarians, just miss out the lamb and chicken stock.

[brexitplus] 29/5/2018 20:28

Enough for the Melrose executive director’s lunch. No beef daube recipe.

Any comments on the good news posts above. Perhaps not enough numbers!!!

[brexitplus] 29/5/2018 17:06

Interesting video. Lots of pluses and minuses. As long as Ergotron sell lots of them I’m happy.

Yes, good to have a bit of divine intervention on our side.

[bukko] 29/5/2018 16:48

B+
Ergotron

Recruiting the Almighty on to the payroll was no mean achievement. He may have his work cut out though.

I went looking into this sit-stand mularky and found this consultant's review :

[brexitplus] 29/5/2018 16:08

New KEY STAFF at Ergotron to drive sales and new products.

Ergotron Announces Strategic New Hires to Fuel Growth & Innovation
New product, marketing, and technology leaders join Ergotron

Ergotron creates innovations that improve how people interact with technology, helping them to feel healthier and be more productive. To continue to meet the needs of its customers and fuel growth ahead of the next wave of technology innovation, the company today announced the addition of several new corporate leaders focused on product development, marketing and technology.

"Ergotron pioneered the sit-stand movement, which has continued to gain popularity over the past several years," said Pete Segar, CEO of Ergotron. "To accelerate our growth and provide more innovative solutions for our customers, it is critical to invest in the leadership of our teams. This group brings the fresh perspective and broad experience we need to continue innovating across all areas of our business."

Ergotron welcomes three key executive hires to the organization:

Charles S. Christ Jr., Ph.D., Chief Technology Officer and SVP of Product Development: Leveraging his expertise in technology, materials and product development, Christ will build the future vision for Ergotron products and technology with the goal of improving how Ergotron's customers work and learn, and interact with technology. Christ previously held leadership positions at Donaldson Company Inc. and Kodak, and received a doctorate in chemistry from University of Florida and completed post-doctoral work at MIT.

David Denham, VP of Global Marketing: With more than 15 years of experience leading consulting and advertising agencies, David Denham will manage and evolve Ergotron's global brand and digital marketing strategy to position the company for future growth. Prior to joining Ergotron, Denham served in agency leadership roles at Peterson Milla Hooks (PMH), space150 and Colle McVoy and has worked with a variety of consumer brands including Indian Motorcycle, Sleep Number, Cannondale, PepsiCo and Sony Electronics.

Jim Orrock, VP of Product Development: Jim Orrock brings decades of experience in developing devices for a variety of markets and a strong systems background to his global responsibility for all product management operations. Orrock's previous experience includes research and development at Honeywell, engineering roles at FSI International, Physical Electronics and ReVera. Most recently, at Stratasys, he was responsible for the vision and strategy for new products targeted at end-use part manufacturing applications in aerospace and auto markets.

[brexitplus] 29/5/2018 11:00

GKN Powder Metallurgy’s metal based hydrogen storage system

GKN Powder Metallurgy announced plans to develop an innovative hydrogen storage system for residential homes using solid state metal hydride in August 2017. Since then, engineers at the company have developed the demonstrator system, overcoming several technical challenges to adapt sizes and capacity of the required modules.

The objective of GKN Powder Metallurgy’s research project is to provide an integrated zero emission heat and energy storage system for an off-grid alpine chalet. Engineers are reported to have aimed for a system capacity of over 130 kW, equivalent to providing a normal four-person household for around twelve to fourteen days with electrical power and no recharging.

The project is said to be among the first in the world to use metal hydride pallets for hydrogen storage in a residential application.

[brexitplus] 28/5/2018 20:32

News Release
GKN considers new wiring manufacturing facility in india

GKN Fokker Elmo has been discussing plans for a second manufacturing facility for wiring systems in India during a visit to Pune last week.
GKN Aerospace’s Fokker Elmo business already operates a Joint Venture for wiring systems in Bangalore. The visit to Pune was aimed at strengthening local links and to enter the next phase of discussions on a potential new manufacturing location in the region, a press release reads.

Over the years GKN Aerospace, GKN Driveline and GKN Powder Metallurgy have made significant investments in India. The three businesses operate eight locations in the country with 2’000 employees and India is an important location in GKN Aerospace’s global business model.

“Pune offers favourable conditions in the areas of business development, labour, education & training and infrastructure. It also has an excellent location relative to the company’s major customers in India,” the press release states.

The plans also include the installation of proprietary wiring design and manufacturing system, a unique tool that is rolled out globally throughout all manufacturing locations worldwide to ensure the same high quality everywhere in the world.

Michiel Barendse Managing Director GKN Fokker Elmo said: “India’s growing economy and the presence of leading aerospace companies show that the important success factors are in place and in line with the needs of the aerospace industry. Being close to the customers is part of GKN Aerospace’s long-term strategy, we have received excellent support from the regional government and look forward to developing the next stage of our plans.”

[brexitplus] 28/5/2018 17:38

Mayers

Too many left handers, particularly opening. When was the last time we had a right handed opener? Bowlers are good at inswing to right handers which puts left handers at a disadvantage. I prefer one right and one left to make bowlers alter their line of attack, particularly if the openers are good runners and can take quick singles. Vaughn and Trescothick (I think he is still a better opener than those being chosen) were good at this.

There seems no balance in the first six. Root needs to concentrate on his batting and not making excuses for his captaincy and team. As he said, there are some good players there. Sadly a lot of individuals doesn’t make a team. And they don’t need to. They get paid lots and their places are safe due to lack of real competition. And Bayliss appears to be weak as widdle, while Root although captain doesn’t appear to be on the field!!! They need a strong coach who will lay down the law and drop those who don’t do what he says.

[brexitplus] 28/5/2018 11:20

Jennings in for Stoneman the only change. I don’t think Jennings will last long, caught in the slips. Too vulnerable outside the off stump. Be interesting to see what Boycott thinks: the man who was dropped for scoring 246 TOO SLOWLY!!! England would be pleased to have him now.

I’d really like to see Peter Hildreth in the squad. Old fashioned player. Knows how to build an innings. Good in a crisis. Have watched him on the Somerset CC video live this season. Scores runs for Somerset when others having problems. Good fielder. Having a good season. No chance though. Stick with tried and tested failures!!!