Melrose Industries Share Discussion Threads

[minerve] 08/10/2018 13:47

hvs - filtered muppet.

[hvs] 08/10/2018 13:43

All because I want a fairer society and fairer wealth distribution doesn't make me a communist. Although I know the tabloids like to make it a polarised issue.

Best you move to Russia then.

[jackdaw4243] 08/10/2018 13:37

I think these bonus's attributable to the 2012 incentive plan as mentioned in the 2017 Accounts so not a surprise if that is the case.

[meanwhile] 08/10/2018 12:52

dodger,
If you're a decent fellow, you should have a problem with a £50M bonus.

[minerve] 08/10/2018 12:38

All because I want a fairer society and fairer wealth distribution doesn't make me a communist. Although I know the tabloids like to make it a polarised issue.

[minerve] 08/10/2018 12:26

I don't care whether it was agreed or not, it is morally & economically wrong. Society is dead if we don't make some adjustments.

Children will die this year of a cancer that is curable BECAUSE the NHS can't find £6M. Yet society deems it acceptable that morons get £50M each as a bonus. For what exactly?

"We all win" Really? Do we?
"wealthy pay their taxes don't they!" Do they? They don't! Hello?

Idiot. Instead of masturbating over a few Gs you've made here, go and get yourself an education and life experience!

[dodger16] 08/10/2018 12:11

It was agreed Minerve - they have signed up for another 4 years and lets all hope they get £50m + each again - because then we all win. Take it for what it is. Nothing special about what they do!? I guess the market lets you now that when they buy - I will be interested to see what the market thinks of STRL when they announce something.

Wealth has to be shared - comical - all the wealthy pay their taxes don't they!

[hvs] 08/10/2018 12:04

Is they in charge of MELROSE ????

There is indigestion here. BONUSES all round no doubt.

[essentialinvestor] 08/10/2018 12:02

M, would agree with you on Brexit,
without getting in to the politics,
it's looking like a fundamental mistake atm.
The ineptness of the current administration is something to behold.
You need to pinch yourself at times as it's almost surreal.

[minerve] 08/10/2018 11:58

Essential

Fair enough point. I don't just target Melrose. I think it is across all sectors.

[essentialinvestor] 08/10/2018 11:53

M, what about the outgoing VOD CEO, he has been paid the best part of £100 Million
during his tenure, for what??, Abject failure imv.

I'm not saying one justices the other, but at least (up until now)
MRO directors have produced returns.

The stock market is littered with
examples of "excessive' pay, and in many cases it's for underperformance,
or worse, capital and wealth destruction.

[minerve] 08/10/2018 11:48

"Everyone agreed that and the returns MRO produced up to that point more than warranted it."

No they didn't! Nobody on planet Earth warrants that type of bonus! Wealth has to be shared BETTER believe it or not!

That money could be given to ordinary shareholders or used for increased R&D. Counter to the opinion of monkeys - that board of directors could be replaced very easily. There is nothing special about what they do.

[dodger16] 08/10/2018 11:42

jackdaw - just to be absolutely clear - I have no problem what so ever with the bonus. Everyone agreed that and the returns MRO produced up to that point more than warranted it. Have seen this downward movement before.

The one thing I will say about this stock is, when it goes down, it annoys me - a lot - but in never worries me.

[essentialinvestor] 08/10/2018 11:39

Just a bit of context.. MRO is usually whacked on wider equity market weakness,
well that's my experience of the past at least.

Not a buy for me untill I see some sizable director buying,
the recent NEd purchase would not fill that category.

[minerve] 08/10/2018 11:34

Never try and catch a falling knife. Look at the graph.

[jackdaw4243] 08/10/2018 11:30

dodger
Many thanks , broke a rule and added a few at 1.89.

Yes the bonus was a bit insensitive lets hope fund managers or on the case.

[minerve] 08/10/2018 11:15

"But as the demand for electric cars increases in the continent (EU), its carmakers will continue to “transfer 40 per cent of value to Asia” every time they sell an electric model, Mr Tavares said."

“This is a question for society and political leadership.”

[ryelodge] 08/10/2018 11:11

MRO is now a FTSE 100 company, widely held by the major institutions. The Institutions will certainly be talking to the Company for reassurance and the Board has an obligation communicate equally with the market as a whole -- in fact its silence is deafening. The volume and buy/ sell mix has not matched the constant price decline over recent weeks so the stock is being moved down by the Traders. Who and why?

[dodger16] 08/10/2018 10:03

Reason for the drop - auto industry having worst month for new car sales. GKN can only be about £5bn of the current market cap now - pretty awful for an £8bn spend. I am a bit gutted I still hold MRO since buying early 2017, seems the best thing to have done would have been to sell off the back of the Nortek RNS in May 17 - everything since then has been rubbish - nothing here in 2 + years.

[jackdaw4243] 07/10/2018 13:56

Any reason for the drop.

[brexitplus] 05/10/2018 21:12

Hi Getting

Hope you’ve had a great time in Vegas.

By the time you read this I shall be on holiday in Italy. Off first thing on Sunday for a week. Tomorrow at the Cheltenham Literature Festival all day with Mrs Brexit+.

Happy to leave my Melrose shares in the very capable hands of the Melrose team.

Will post again a week Monday.

[meanwhile] 05/10/2018 14:51

It looks a serious decline in confidence but I've seen these reverses in MRO several times over the last 10 years, each time with no strong reason.

My guess is that many old GKN holders are just cheesed off with the apparent lack of progress and the depleted dividend, even seeing it all as negative progress, and some old, previously loyal MRO holders don't see the prospect of £3 by 2021 as exciting enough.

[hvs] 05/10/2018 12:48

GKN POISIONED CHALICE