Melrose Industries Share Discussion Threads

[meanwhile] 14/8/2019 11:38

ryelodge,

such apparently irrational movements in MRO have always been a mystery to me, from way back, long before GKN was acquired. These long silences from the Company do not help. Today's fall just reverses the recovery made yesterday on Trump's announcement.

Now to gravy.
My advice is to not use giblets as a source of meat essence in preparing a gravy and to not add French wine as some EU lovers do.
If you do want to add some liquor to the gravy, try a bit of Mackeson or other stout.

[ryelodge] 14/8/2019 10:11

MRO tops FTSE fallers (again} on low volume.Last week price stable on 50+million share trade day. What are the traders up to? MRO has two hotshot house brokers -- they need to do their job.

[gettingrichslow] 13/8/2019 09:10

Meanwhile, I’m not sure your gravy-related posts are going down too well on the Burford board? Maybe you could try your ‘hvs’ character out on the Burford board??

[meanwhile] 12/8/2019 15:25

There is no dispute around the existence of global warming.

I understand the causes are being proposed, discussed and disputed.

[jackdaw4243] 12/8/2019 15:08

And to day we are saying "Global Warming" does not exist.

[meanwhile] 11/8/2019 11:30

That Socrates theory is a bit out of date now.
When that was said, they thought the world was flat.

[jackdaw4243] 10/8/2019 18:11

”I am wiser than this man, for neither of us appears to know anything great and good; but he fancies he knows something, although he knows nothing; whereas I, as I do not know anything, so I do not fancy I do. In this trifling particular, then, I appear to be wiser than he, because I do not fancy I know what I do not know.
—attributed to Socrates, from Plato, Apology:


Before Dunning Kruger was diagnosed .

[meanwhile] 09/8/2019 14:24

These long-running disputes involving a number of regular posters, around their investment successes, levels of honesty, demanding of respect etc. are driving me into a depression, a particular weakness to which I am prone and have to bear.

The truth of the matter is that none of you posters come close to me with regard to level of intellect, investment skills, levels of success therein, honesty, decency, integrity and a number of other commomly admired qualities.
I am also extremely good looking, by the way.

Now just accept this conclusion and let this be an end to these disputes. Just all get along.

[sliotar] 09/8/2019 13:48

Oh please. No split infinitives.

[brexitplus] 09/8/2019 10:55

Yes, back to the good old times, Porky demanding respect.😂
28514;😂€514;

[gettingrichslow] 09/8/2019 10:27

Minny has just been labelled "the biggest prat on ADVFN" - and not by me!!!

And he is DEMANDING respect from people again, dear oh dear...

[the knight of no] 09/8/2019 09:15

"I have been in this business over 20 years."


Hahaha. In Settlements maybe.

[minerve 2] 09/8/2019 08:56

No because when I said less than 2% I was only a few months into the position. I do have stocks that remain at about 2% which are long holdings. A bullish share would occupy more. Brexit was SO BULLISH about Bur yet could only find himself enough courage to buy less than 1% in about 18 months. That doesn't sound like a bull to me. It smacks of someone who has no courage or faith in their own choices.

Anyway, enough conversation with you today. I have wasted enough time on you already.

[gettingrichslow] 09/8/2019 08:53

Yes, it's safe to say his love affair with Woodford is over! Very funny!
😂😂😂😂8514;😂ԅ14;😂😂;😂😂😂

[brexitplus] 09/8/2019 07:50

Getting

Thanks for the defence but not needed. Porky is tying himself in knots with great ease.

My approach is to use mainly funds and investment trusts, such as Fundsmith, Lindsell Train, TR Property and RIT Capital Partners, topped with shares in smaller companies.

What I don’t do is jump wholesale into a share. I tend to take a small position, get to know the company, then add on weakness. Burford is a case in point.

Quite honestly I don’t need to be in the market at all, but enjoy having a bit of fun. Likewise I enjoy watching Porky’s, the master investor whose portfolio tends to follow Woodford’s, great investments. Think Kier, AA, PFG, etc.

[gettingrichslow] 09/8/2019 00:27

Yet each time you buy a complete dog you declare it was only 2% of your portfolio!!
Kier being a recent example. Are you contradicting yourself again?

[minerve 2] 09/8/2019 00:15

Oh dear, the LP has got stuck.

Perhaps if you listened to Minerve you may learn something.

Here is a lesson getting: there have been studies done that show having more than about 15-20 stocks in your portfolio doesn't decrease risk any further through diversification. If it doesn't why bother?

To invest properly you need to follow stocks very closely. If you don't, you are really speculating.

Most people would struggle with 10 if they followed this advice from investors like Buffett.

20 stocks is 5% each. Having less than 1% after 18 months suggests you are probably overweight too far in cash or a particular stock elsewhere.

Here ends the lesson.

[gettingrichslow] 09/8/2019 00:04

Ok, that's fair enough, let's have some of your words then instead...

"minerve 16 Nov '15 - 22:10 - 465

I have been in this business over 20 years. I can reassure you Woodford is up there with the best there is, no question. Of course, investing is not a game of perfection, it never will be, it is a game of managing risk with a view to long-term growth and not many will do it better than Woodford. I am a great admirer of him as a professional and as an individual. His views and attitudes pretty much mirror mine and his willingness to be open and transparent is second to none.

If I had to hand my money over to someone in trust for the future, he would be the first, even before family members. Woodford is no different now than he was decades ago. Solid 100% professional with untouched integrity."

[gettingrichslow] 08/8/2019 23:47

Are you OK Porky???
Very defensive!!!
Have I upset you by exposing the many contradictions in your posts? If so, I apologise, I just thought you should admit the truth.