Share Name Share Symbol Market Type Share ISIN Share Description
Melrose Industries Plc LSE:MRO London Ordinary Share GB00BZ1G4322 ORDS 48/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.40 0.6% 233.30 233.20 233.40 234.40 231.60 233.70 3,769,521 12:25:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 8,605.0 -550.0 -12.0 - 11,334

Melrose Industries Share Discussion Threads

Showing 10226 to 10247 of 11025 messages
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DateSubjectAuthorDiscuss
24/6/2019
06:21
I missed this back in May. How remiss of me. “How is GKN's automotive division organized now under your new owner, Melrose Industries? We have 29,000 people in GKN Automotive working on a portfolio of technologies including CVJs (constant velocity joints), propshafts and sideshafts, and all-wheel-drive systems, both conventional and electrified. There are 54 manufacturing locations worldwide. We provide equipment for the entire range of cars, from small, low-cost A-segment vehicles [minicars] to sophisticated premium vehicles with complex driving dynamics. We make complete e-drive systems, but we also offer final-drive units, power-transfer units and drive modules with couplings and disconnects. In addition, we have a dedicated hybrid transmission that we call Multimode. It's in the Mitsubishi Outlander plug-in hybrid. That is as far as hardware is concerned. But what is even more important today is that we can provide the full software controls for the vehicle integration. A lot of suppliers are becoming experts in software. What does GKN's software control? First, it has to take care of the functionality of an all-wheel-drive system, which is not just distributing the torque to the different wheels. We are trying to drive efficiency and reduce CO2 emissions, so that means all-wheel drive on demand. And you also have to connect or disconnect it depending on many parameters. We are cooperating with automakers because the driving dynamics of the car are heavily influenced by us, as providers of the mechanical system for all-wheel drive. For example, the "drift mode" in the Ford Focus RS was developed by us in cooperation with Ford. Has the switch in ownership to Melrose Industries affected your business or r&d strategy? Not really. Melrose aims to bring clarity, accountability and focus to all of GKN's business, and I think that's a good thing. That should be the driver for any business. Within the ePowertrain unit, what is the split between conventional all-wheel-drive systems and electric-drive systems? Our total turnover in all-wheel and electric drive is 1.3 billion euros in sales. Electric-drive systems are a smaller part of that, but it will grow rapidly. Within the last year, we have seen a 50 percent increase in the value of our e-drive order book, from 2 billion euros (about $2.25 billion) at the end of 2018 to 3 billion euros (about $3.4 billion) now. We are predicting that the market for all-wheel-drive products will grow at a low rate until 2030. We are aware that in the long term, our conventional systems will be replaced by electric all-wheel-drive systems, namely the P4 e-axle [where the electric motor is integrated at the axle]. Regarding the P4 all-wheel-drive systems, we are now seeing electric motors independent of the engine, but are they sufficient for heavy-duty uses such as rough terrain or pulling a trailer? We need to do some more development work. But with different ranges of torque and electric motor power, it shouldn't be an issue to pull a boat from the water, for example, or climb a hill. You will also need a two-speed gearbox with a low range and a high range for normal roads. We have also done some simulation studies that combine an electric driveline with conventional all-wheel drive -- instead of an internal combustion engine, you have a big electric motor. Then you have a propshaft to the rear with a conventional all-wheel-drive system. That's one possible future for the U.S. light-duty [pickup] market. Electrification encompasses a wide range, from mild hybrid systems all the way up to full-electric vehicles. Are you focusing on a specific area? Our focus is definitely on P4 solutions. Our EDUs [electric-drive units], work with battery-electric or fuel cell vehicles or plug-in and conventional hybrids. We try to standardize as much as possible, so we have product families to meet all the requirements for different segments. How does your customer base break down by region, and where are you forecasting growth? We are well-distributed in the main regions -- Europe, the Americas and Asia -- but again, we don't expect huge growth in the conventional all-wheel-drive business. However, we see big growth in electric drive in Europe and Asia. Our market forecasts are for 110 million vehicles produced globally in 2030, with 20 percent electric vehicles, including fuel cells; 10 percent plug-in or high-voltage hybrids; and 30 percent mild hybrids. That still leaves 40 percent internal combustion engines. What innovations are you most excited about? What we are excited about is torque vectoring [in which the differential varies the torque supplied to each wheel]. Conventional cars and electric vehicles are becoming heavier, but customers still expect a high level of safety and driving dynamics. Torque vectoring is key to this. Another point is that we need to be cost competitive, and that is also driving innovations in manufacturing and materials. Design to cost is what we need to do, and that means working with manufacturing engineering and logistics.
brexitplus
23/6/2019
21:50
Thanks Meanwhile. Can you do one of your 'hvs' posts please? They were really funny posts.
gettingrichslow
23/6/2019
21:47
gettingdownhillfast, Getting to know you, Getting to know all about you. Getting to like you, Getting to hope you like me. Getting to know you, Putting it my way, But nicely, You are precisely, My cup of tea. Yes, getting, you are precisely my cup of tea.
meanwhile
23/6/2019
20:07
Funny you should say that Porky because I was just thinking how well it's been going over the last few years in particular. The Gettingrichslow portfolio is flourishing. Just banked my LTIP from 2015/16 - 2018/19. Bonus looking good too for 18th year in a row. Another LTIP due next year. Pension is full up. Life is good!
gettingrichslow
23/6/2019
19:49
Gettingmadquickly Yes, funny! LOL I think 'gettingrichslow' is so apt though. He obviously knows his true capability. It is so slow mathematical error could mistake it for net-worth erosion, and I guess it is when you consider it against inflation. ROFLMAO!
minerve 2
23/6/2019
19:29
Meanwhile, well done for remembering Ratoils' password! Remember you're absolutely disgusted by the scale of the Directors' bonuses so presumably you won't be wanting to be any part of any further profiteering? Can you also clarify Ryelodge's views on this too?
gettingrichslow
23/6/2019
18:29
Sliotar, Please don't give up on this site. It is indeed dull at present with only these lengthy but useless company updates and bulletins from brexitplus, the man known widely as 'The Cotswold Sage', for obvious reasons. And these bulletins supported by his primary stooge 'getting' and occasionally the old seadog, yertiz, as secondary stooge. The site will liven up when MRO shares themselves liven, by Melrose selling a large division at a good price. We will then see the astute followers return, wallet photos appear, stuffed and bulging, and a balanced view from the only sensible regular poster apart from myself, Minerve. Hang on for that.
meanwhile
22/6/2019
12:48
Ni hao,laizi beijing Mr Gettingmadquickly. This chap needs to calm down, the site just isn't worth it.
sliotar
21/6/2019
11:09
Who is to say you are not the same cretin as Yertiz, Brexit et al? LOL
minerve 2
21/6/2019
10:40
So a new poster signs up to ADVFN, posts 4 messages about how unhelpful a discussion board is, then declares he's off to Beijing!! And we're expected to think that's not yet another one of Meanwhile's characters??
gettingrichslow
21/6/2019
08:41
Sliotar You are absolutely right, it is sad. Good luck. Unfortunately, after 20 years, ADVFN is my chronic illness. Have a safe flight. ;)
minerve 2
21/6/2019
07:57
getting suffers a further relapse into his 'Fregoli delusion'. Any word he sees against him and he concludes it is Meanwhile or Minerve, posing as others. getting, my advice to you is if your delusions ever involve a dog, seek immediate medical advice.
meanwhile
21/6/2019
07:56
Getting, Meanlodge, the poor old sod is so desperate for company he posts to himself in his Walter Mitty world.
brexitplus
21/6/2019
07:49
Silotar - I have to say that it is a bit akin to "Deliverance" on here :)
ianood
21/6/2019
07:45
I'm just boarding a flight to Beijing, but to finish my involvement, this nonsense is yet another example of why I concluded that this site is not fit for purpose. Who in the world has got time for this?
sliotar
21/6/2019
07:29
I think Meanwhile has forgotten his new password for Sliotar! He knows he wrote it down somewhere but can't find it anywhere!
gettingrichslow
21/6/2019
07:07
Getting, strange you didn’t get a reply from a brand new poster.
brexitplus
20/6/2019
18:17
So Sliotar, welcome to ADVFN. Give us your thoughts on MRO please? Are you a holder?
gettingrichslow
20/6/2019
17:23
Oh dear! I hope this doesn't mean the readers here are going to get inundated with copied Press Releases from the National Slug Prevention Group, Riveting.
sliotar
20/6/2019
16:24
Hi Yertiz Just back from lunch with some of the family. Looks like we have yet another Meanlodge clone on here. Filtered. I agree. BBs just to pick up snipits of useful information and background. My approach when I am interested in a company is to understand it through a variety of sources, then look at key rations such as ROCE, debt to equity, etc, and finally if all that stacks up turn to reports and presentations, always knowing that they are backward looking, at least 3 months out of date, and subject to accounting fiddling. Hope the garden is ok. Ours is fine but a bit of a problem after the rain with slugs. I name the big ones before dispatching them. Sliotar could be tonight’s victim.
brexitplus
20/6/2019
15:59
Sliotar, ianood, You have unfortunately just entered this board during a dull period. Please hold on and wait until the next portfolio of my wallet photos is launched. Then you will see the board spring into life.
meanwhile
20/6/2019
15:40
Sliotar - Have to agree, this has to be one of the worst sites on ADVFN.
ianood
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