Melrose Industries Share Discussion Threads

[gettingrichslow] 08/6/2019 23:56

Gove saying he'll 'pause' HS2. Others will follow I suspect. I love Eton Mess!

[minerve 2] 08/6/2019 22:29

Promised you a miracle

[brexitplus] 08/6/2019 21:56

Getting, I think they are both lonely.

Have been working on our courtyard garden all day with my b-in-l. The civil engineer. He’s not surprised that Kier is in the excrement - those in the know seem to have known for ages. Am Knackered.

For poor old Meanlodge, just to liven up his boring existence, I cooked roast chicken stuffed with garlic, lemon and thyme, followed by Eton Mess washed down with a bottle of merlot for dinner.

Happy days.

[gettingrichslow] 08/6/2019 09:36

I don't think either of them have ever filtered anyone. They just like saying they have.

[brexitplus] 08/6/2019 07:24

Getting. Is Meanlodge reading my posts? I thought he had filtered me as I have him and porky.

[gettingrichslow] 08/6/2019 00:47

You haven't thought that through Meanwhile. Of course one can be a tourist oneself but still not want to visit touristy places too often. It's the very reason that I only go to Venice once every 5 years or so. I'd like to go more often, but it's too touristy, so I restrict the number of visits I make. It's really not very complicated, even for someone who can't understand the differences between averages and ranges.

[meanwhile] 07/6/2019 23:17

"Tourists are why we only visit Bath once a year."

Presumably he visits once a year as a tourist.

These lads just don't think things through.

[brexitplus] 07/6/2019 22:21

Hi Getting

Happily not. We are much nearer Bristol. Tourists are why we only visit Bath once a year.

[minerve 2] 07/6/2019 21:50

Good week on the markets.

[gettingrichslow] 07/6/2019 20:33

B+, I was in Bourton-On-The-Water the other day surrounded by Americans and Chinese tourists. In your neck of the woods isn't it?

[gettingrichslow] 07/6/2019 20:03

"what rubbish these fellows talk" says the fellow who posts constantly about new burger launches at McDonald's and whether he should turn his mattress round or not!!
I think Yertiz had it right when he said you lived in a cotton wool world!

[meanwhile] 07/6/2019 19:26

The final passage of the GKN promotional comments in the previous post :-

"Our key message comprises key technologies in combination with a global footprint. It is this asset that makes us unique.”

Unique? Christ, what rubbish these fellows talk.

[brexitplus] 07/6/2019 15:13

Pre-Paris Airshow comments

“Alongside GKN Aerospace colleagues, Hans Büthker presented an overview of business performance in the last 12 months, an exploration of key technological developments and an insight into the company’s future direction and goals.

The overriding message from GKN Aerospace is that it is able to play the aerospace game on a global scale. Indeed, if you compare the company with its competitors, GKN Aerospace is now the global number two in in terms of revenue for aerostructures and engine systems.

“We aim to follow our customers’ manufacturing requirements around the globe,” Büthker stated. “Often, we need to be involved in defence-led development or production programmes in the US, so proximity to the OEM is important. For example, a customer will ask that we position ourselves close to their own operations, such as in China which is a growing piece of the jigsaw in terms of volume. China is a trigger for growth, and also our expansion where we are investing and expanding our footprint there.

“There are requests from our key customers to follow them into China in terms of workshare obligations on the civil market side. We announced a joint venture with COMAC and AVIC last year and we are working hard to make this a success. We’re able to offer a healthy balance in terms of our aerostructures, engines and business jet work. Our business portfolio comprises 71% civil and 29% defence, but we would expect to see a little more growth in our defence capabilities. To follow a customer, you need to have a network of centres of excellence to undertake your production duties.”

According to Büthker, the five aircraft platforms of the A320neo, the 737MAX, the Boeing 787, the A350 XWB and the F-35 dominate the market, which is said to account for 49% of all worldwide deliveries.

“GKN is involved to all five programmes, but even if we take the top ten programmes, we still tick all the boxes, so it’s impressive to see how well we are positioned. In strengthening our global network, customers expect us to follow them, which means we need to offer a global network in order to cover the entire globe and satisfy their key technology demands. This is one of the reasons why we are balancing our footprint. Whilst we have invested in some structural improvements in the US, we are now investing heavily in Asia too.

“Technology is a key driver for success; another is our global footprint. More and more of our customers are pushing for us to cover the globe. GKN is building a global, coherent system for its customers and through the acquisition of certain niche businesses, we are gradually building a global and coherent centres of excellence network for our customers. This also means that our value proposition is changing accordingly. It’s a new way of doing business, and customers are interested in this.”

Büthker reckons GKN Aerospace’s showing at the Paris Airshow will involve a lot of focus on the company’s key technologies, especially thermoplastics and additive manufacturing.

“GKN’s challenge is to ensure it is in a position to demonstrate all its technologies. Bundling our technology metrics and the business models behind them offers an attractive package for many of our customers – plus we have the right performance and the ability to help customers out with more affordable products too. Our key message comprises key technologies in combination with a global footprint. It is this asset that makes us unique.”

[meanwhile] 07/6/2019 10:21

I've just had an email from Simba reminding me to rotate my mattress.

In consideration of my current back problem, do you think it would be OK to leave it for a week or two?

[gettingrichslow] 06/6/2019 22:15

Ryelodge, that burger sounds tasty - have you got the pricing details?

[gettingrichslow] 06/6/2019 22:14

B+, surely not! These guys are asset strippers aren't they?? Why would they spend money they could have had as extra bonus?

[brexitplus] 06/6/2019 16:24

“GKN has announced an £11 million investment in its East Cowes site over the next two years.

The site has been a fixture on the IW for 100 years and it has been owned by GKN Aerospace for the past 25 years. The company said it was committed to remaining on the Island for decades to come.

In order to focus the site on advanced composite production, a number of non-core processes and some loss-making work will leave the site — but GKN said it is not looking at job losses as new specialist work packages will come in.”

“GKN Aerospace also confirmed it will transform its Composite Research Centre (CRC) on the Island into a Technology Insertion Centre (TIC), in order to speed up the time from technology breakthroughs to high-rate production.

The TIC will ensure the latest composite technology developments — drawn from GKN Aerospace’s network of global technology centres — are smoothly integrated into the East Cowes manufacturing site, allowing it to offer unique solutions for its customers.”

[eipgam] 06/6/2019 13:37

Gis a job, I could do that...

[eipgam] 05/6/2019 18:51

More bad news... Ford closing Bridgend.