Melrose Industries Share Discussion Threads

[essentialinvestor] 05/10/2018 12:35

NED buy, fairly modest though.

[gladremeer] 05/10/2018 12:22

Hi all. How low will this go before Melrose announce a sale? If not able to get good value from a sale, how much more will this drop? Opinions welcome

[meanwhile] 03/10/2018 23:29

I don't have a portfolio of shares like you have and I don't go for balance of income & growth. I only have 2 stocks at present and you know one of them.

There have been periods when I've invested for income and may be again but at present I look for opportunities for rapid growth. After the Nortek purchase by Melrose & the accompanying 12 for 1 rights issue, I find I have far too many MRO shares for my liking and am looking for a good exit price.

[meanwhile] 03/10/2018 23:19

No. Minerve. I was many years ago but haven't the concentration these days to make it worthwhile. I just browse these days, all over the financial media.

[minerve] 03/10/2018 22:43

Are you an FT subscriber MEANWHILE?

[minerve] 03/10/2018 22:43

I can also be destructive but I do know when to switch that off when the thread deserves better. Others don't know how to.

[meanwhile] 03/10/2018 22:39

Minerve,
Yes, I suppose you’re right; I was being generous.
This board was civil, relevant and constructive before the arrival of him and his gang.

[minerve] 03/10/2018 22:15

Actually I think his contribution is negative - rather than zero - because he quickly kills constructive discussion driven by his own inadequacy of not having the capability to positively join in.

[essentialinvestor] 03/10/2018 18:21

On a different scale certainly, that alone would not bother me,
It's price paid and the defense elements, which may (possibly)
make disposals more complex. Sentiment can turn very suddenly on major
disposal news. That looks to be what the market is waiting for.

[minerve] 03/10/2018 18:06

MEANWHILE

As you can see, your mature objective doesn't stand a chance of success with certain individuals here.

[brexitplus] 03/10/2018 17:39

😂😂😂🤣9315;🤣ԍ15;😂😂;😂😂

[brexitplus] 03/10/2018 13:41

The GKN website, although in my view not complete as yet, is much improved under Melrose ownership, concentrating and promoting its strengths, with a section on FormulaE.

[minerve] 03/10/2018 13:28

"Just had a brilliant night in Manchester - friends flown in from all over UK, Bilbao, Frankfurt and Amsterdam"

WOW, I mean WOW! Amazing. People can get on a plane and fly from Amsterdam to the UK, from Bilbao, Frankfurt for a night in Manchester. WOW. Oh my god, I will have to sit down because I am close to fainting.

Obviously getting and his neanderthal mates aren't too worried about their CO2 footprint. Of course, climate change is just another fake news item.

Oh, by-the-way BrexitCHIMP, your beloved Aston float looks like it carries a significant amount of debt, just like the AA. Going to invest? LOL

[brexitplus] 03/10/2018 13:27

THREE-QUARTERS OF ALL PREMIUM CARS LAUNCHED AT PARIS MOTOR SHOW EQUIPPED WITH GKN DRIVELINE SYSTEMS

GKN Driveline’s driveshaft and CVJ technologies also feature in more than half of all new cars launched at the Paris Motor Show

Advanced systems from GKN Driveline used in numerous high-performance models and range-topping variants

Strong, lightweight and efficient drivelines underpin two new battery electric vehicles

GKN Driveline developing new technologies tailored to unique demands of electric powertrains

GKN Driveline’s lightweight, efficient and refined sideshaft systems will underpin a raft of all-new and refreshed models, including a hotly-anticipated sports car, three premium saloon cars, and five new SUVs. Elsewhere, front and rear sideshafts also deliver the power for an exciting high-performance hatchback as well as an all-new luxury grand tourer.

GKN Driveline’s range of solutions are designed to cater for every type of application. Some joints, such as the SX family, are particularly well suited to vehicles that require high levels of joint articulation during normal driving conditions. Elsewhere, propshaft ball joints, such as the PX family, are more focussed on durability and thermal performance – ideal for SUVs and trucks, where the installation angles of the joints (and therefore the levels of internal friction) are higher.

Two all-new electric cars at the Paris Motor Show will also be equipped with GKN Driveline’s front and rear sideshaft systems. While the latest electrified vehicles are changing the nature of the automobile as we know it, conventional driveshaft and CVJ systems are still required, regardless of the powertrain – and GKN Driveline is poised to thrive from the shift in the market.

In-house analysis at GKN Driveline has shown that for every 1% improvement you can make in driveline efficiency, you can expect to see more than 1% improvement in electric vehicle range. Given that range is usually a crucial consideration for an EV purchase, a focus on CVJ efficiency is arguably more important than ever.

Saving weight within the driveline is also helping automakers to increase the range of their EVs. GKN Driveline’s Countertrack technology made significant improvements in this regard when it was first introduced in 2009, and the concept has been refined ever since. The counter-running ball tracks – hence the name – made it possible to reduce internal friction and heat, and reduce the overall weight of the joint by up to 15% compared to a conventional unit.

GKN Driveline is the market leader in the development and delivery of contemporary driveline solutions, including advanced propshaft and sideshaft CVJ systems. With a comprehensive global footprint, GKN works with over 90% of the world’s car manufacturers, and its evolving technology has featured on more than nine billion vehicles around the world.

[minerve] 03/10/2018 13:25

"Just had a brilliant night in Manchester - friends flown in from all over UK, Bilbao, Frankfurt and Amsterdam"

WOW, I mean WOW! Amazing. People can get on a plane and fly from Amsterdam to the UK, from Bilbao, Frankfurt for a night in Manchester. WOW. Oh my god, I will have to sit down because I am close to fainting.

Obviously getting and his neanderthal mates aren't too worried about their CO2 footprint. Of course, climate change is just another fake news item.

Oh, by-the-way BrexitCHIMP, your beloved Aston float looks like it carries a significant amount of debt, just like the AA. Going to invest? LOL

[brexitplus] 03/10/2018 10:06

Yertiz, are you still around?

Have you got into Syncona yet. I’ve just topped up to my limit. Lots of good news coming out of its investments. Listed Adaptimmune up 40% in the last 4 weeks.

Have also topped up Burford.

Any further thoughts on AVO?

Exeter going well. Very strong squad.

[ryelodge] 03/10/2018 09:28

Several large volume MRO trades (sales) after market close yesterday. Is this what has overhung the stock for the last two weeks? Regulator will need to investigate whether there has been game playing by Institutions in the market at expense of small shareholders.

[gettingrichslow] 03/10/2018 00:20

B+, I played football a lot when I was in my 20s and played against an Aston Villa reserve side that had two players that went on to play for England while at University. But there is nothing more satisfying than striking a golf ball down the middle of a tight fairway, or putting it close to the pin on a par three. Just had a brilliant night in Manchester - friends flown in from all over UK, Bilbao, Frankfurt and Amsterdam, off to Vegas in morning, so I'm signing off for six days now.

[brexitplus] 02/10/2018 19:51

Getting

I imagine you are experiencing the “delights̶1; of Manchester prior to jetting off to Vegas. Did you all make a joint decision to go to Bills?!!!😆😆😆

Am still enjoying the comments from the USA on the result of the Ryder Cup. Golf isn’t my game but whenever I’ve played a few holes the “ping” when hitting the ball sweetly really is exhilarating. And the pros do it most of the time.

The other day I madly allowed a friend to persuade me to have a game of squash. Today was the day. I used to play a lot, doubles and fours (which was mad). He went easy on me but I found at the pace we played I can still manoeuvre the ball around the court. However I ache like hell. Tomorrow will tell. I probably won’t be able to move.

Have a great time.

[brexitplus] 02/10/2018 19:41

EssentialI

I’m with you on this. 30 years of success has a lot going for it. It’s easy to concentrate on the odd “failure”; and the media coverage from the Mail on things like bonuses, etc. However the overwhelming evidence is of success after success and big rewards for investors.

It’s also easy treat Melrose as a conglomerate which it really isn’t. Conglomerates are the former GKN’s of this world where decisions and capital allocation are made at board level. Melrose is very different. Lots of positive action at division level in a short period. Bosses taking ownership.

[hvs] 02/10/2018 19:35

They is going to have major major indigestion.

[essentialinvestor] 02/10/2018 18:47

Hvs, the City Always looks after itself,
however few long term holders of MRO will complain on BOD pay,
since inception MRO have returned an average of 22% a year (assume that includes dividends).
With their previous venture Wassall PLC they did similar.

There have been plenty of BOD's paid extraordinary well for average performance,
and many paid very well for failure. Now may be that changes with the GKN deal,
but for nearly 30 years they have got it right, that's some record.