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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
  1.65 1.52% 110.55 109.55 109.70 112.45 107.65 110.40 15,252,197 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 10,967.0 106.0 -1.2 - 5,371

Melrose Industries Share Discussion Threads

Showing 10351 to 10369 of 11850 messages
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DateSubjectAuthorDiscuss
18/7/2019
10:08
My Britain under Boris anthem “We are the champions, my friends And we'll keep on fighting 'til the end We are the champions We are the champions NO TIME FOR LOSERS 'Cause we are the champions of the world.”
brexitplus
17/7/2019
21:53
GKN Fokker Services and Spectralux Avionics have combined forces to ensure sufficient availability of capable systems to satisfy the demand of CPDLC systems and installation. There are less than 250 days left to comply with the February 2020 mandate to install Controller Pilot Data Link Communication (CPDLC) capability on all civil aircraft flying in European airspace at FL285 and above. The DLINK+ system was recently upgraded to Mod status 5, which makes it fully compatible with the EU requirements for CPDLC. The DLINK+, which is compatible with the Aircraft Communications Addressing and Reporting System (ACARS), is available for installation on all modern aircraft types such as Boeing 737, Boeing 757 and Airbus A320. Currently, just a small percentage of aircraft flying in Europe are reported to be CPDLC capable. The remainder of the aircraft operating in Europe also need to have a compliant solution installed by 5 Feb 2020. The DLINK+ solution offered by Spectralux and GKN Fokker Services provides a cost competitive alternative to the OEM solution. Therefore demand for this system and its installation is expected to grow significantly in the next few months. “As a leading Aerospace Service Provider, GKN Fokker Services is pleased with signing the Sole Distributor agreement on DLINK+ with Spectralux. It will ensure we can fully support the market with the CPDLC mandate, which becomes effective within eight months from now.’’ said Paul Vorstermans, General Manager of GKN Fokker Services.
brexitplus
17/7/2019
11:30
I agree, ryelodge, you are a perceptive fellow. getting, I am not talking to myself here, you imbecile. The market does need some disposal action soon, and I think it now senses it coming.
meanwhile
17/7/2019
10:42
The stock has now largely recovered from the misplaced knock from the BASF warning. That event illustrated an important lesson for MRO management. They must not get themselves viewed as "car guys" or "aerospace guys' and ride the curves of those industries.The market sees them as "Deal guys" and if they don't demonstrate this soon and in a significant and successful way the stock will be revalued. A large value creating sale is essential to get the price up to their LTIP trigger price of 232 which is then getting close to the 240+ entry value for GKN shareholders. They need to prove that £42 million each really wasn't enough.
ryelodge
17/7/2019
09:22
VALENCIA, Calif., July 16, 2019 (GLOBE NEWSWIRE) -- Wesco Aircraft Holdings, Inc. (NYSE:WAIR), the world's leading independent distributor and provider of comprehensive supply chain management services to the global aerospace industry, today announced a new agreement with GKN Aerospace, a global engineering business with industry-leading technology including aerostructures and engine systems on-board 100,000 flights a day, to provide fluid management services to multiple sites across the Americas and Europe. The multiyear agreement expands the existing relationship, with Wesco supporting all major aerospace and defense programs across GKN Aerospace's global footprint. The move is expected to help GKN Aerospace manage its process fluid in a more efficient and sustainable way, and forms part of GKN Aerospace's ongoing strategy to develop consolidated, global relationships with class-leading suppliers. Todd Renehan, Wesco Aircraft's chief executive officer, said, "We're extremely pleased that GKN Aerospace has extended its relationship with Wesco, further validating the strength of our offering. The agreement adds more sites to the support we have provided GKN Aerospace's global business for nearly three decades. Our relationship with GKN Aerospace is another important example of the unique value Wesco provides customers in aerospace and defense, as well as the broader industrial sector." About Wesco Aircraft Wesco Aircraft is the world's leading independent distributor and provider of comprehensive supply chain management services to the global aerospace industry. The company's services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery, chemical management services, third-party logistics or fourth-party logistics and point-of-use inventory management. The company believes it offers one of the world's broadest portfolios of aerospace products, including C-class hardware, chemicals and electronic components and comprised of more than 560,000 active SKUs.
brexitplus
15/7/2019
23:25
Yes I remember you said you'd spoken to your brother in law in the industry who had suggested trouble was brewing. Your conclusion was don't touch with a bargepole. My conclusion was that it was 'strictly for lemmings only'. Porky thought it was a great buy and kept saying we hadn't got a clue. Share price collapsed soon afterwards!!!!
gettingrichslow
15/7/2019
17:26
Hi All Been off to the delights of Hampshire for the weekend. Nothing much happening here I see. Great weekend in F1 and the cricket. Lots of excellent food, wine and local beer.
brexitplus
12/7/2019
23:51
Thanks for that Meanwhile. Great analysis.
gettingrichslow
12/7/2019
17:02
Another week of 2 steps back followed by one creep forward. I think it shows how the speculators' market for MRO can still be panicked by a bit of irrelevant news but how the underlying longer term sentiment is now going positive. And not before time. With the £/$ rate now at 1.25 and unlikely to increase in the near or mid future, the dollar value of Melrose businesses must look very cheap to the USA. I would think it can't be long before the Nortek businesses and the likes of Powder Technology are snapped up. £3 by Christmas.
meanwhile
11/7/2019
09:49
A McDonald's lunchtime gamechanger. Try crispy chicken or the new oven grilled chicken breast, with bacon, smoky BBQ sauce, cool mayo, tomato and lettuce in a soft, toasted tortilla wrap. Wrap of the Day every Tuesday and Sunday. Follow it with a Dairy Milk McFlurry.
meanwhile
09/7/2019
17:44
No. Bonuses and greed may just be right. The read across from BASF looks a stretch, even for MRO "a huge Electronic (!! ) supplier to the automotive industry" including steering wheels.
ryelodge
09/7/2019
17:19
So today's reverse may have had nothing to do with Director bonuses and greed. Just another wild market rumour.
meanwhile
09/7/2019
13:17
Market report: Melrose slams into reverse as BASF warns on car trade woe Serious question marks were raised over Melrose’s decision to buy engineer GKN today, as yet more signs of turmoil in the global car industry emerged. The turnaround specialist won a hostile battle for GKN, which supplies aircraft and car components, with an £8.1 billion assault last year but a warning from chemicals giant BASF sent shivers down Melrose investors’ spines. Germany’s BASF, the world’s largest chemicals firm, issued a massive profit alert, after the company became the latest victim of US President Donald Trump’s trade war with China. BASF slashed its full-year profits forecast for 2019 by 30%, citing a decline in the car industry as the primary reason. This had a knock-on effect on Melrose as GKN is a huge electronic supplier to the automotive industry, especially steering wheels and suspension systems, and has 29 production facilities in 23 countries, supplying over 90% of the world’s car manufacturers. There are now worries among brokers that sales could be hit. HTTPS://www.standard.co.uk/business/market-report-melrose-slams-into-reverse-as-basf-warns-on-car-trade-woe-a4185666.html
philanderer
09/7/2019
09:58
Melrose bottom of the FTSE 350 and I thought this company didn't have problems. One would expect it from Kier, but Melrose?????
minerve 2
09/7/2019
09:57
"Yes I toss and turn at night worrying about Philip Green." That's the problem. Too much apathy, ignorance, 'nothing to do with me attitude', laziness and cowardliness. ;)
minerve 2
09/7/2019
09:31
Oh Dear,that's not a good start to the day. My portfolio screen is Red and engineering taking a hit, surely it's not a Trump situation causing it.
jackdaw4243
09/7/2019
09:07
Bad start today. No associated news but one rumour circulating in the market is that the Directors have completely spent their last bonuses, even overspent and gone into personal debt. They are thought to be organising an 'Emergency Bonus', from Company funds, of £10M each, to bail them out.
meanwhile
08/7/2019
22:09
Jackdaw If I dreamed of Philip Green, which thankfully I don’t, I would consider it a nightmare. Not a nice man, rather like Bercow.
brexitplus
08/7/2019
20:20
Yes I toss and turn at night worrying about Philip Green.
jackdaw4243
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