Melrose Industries Share Discussion Threads

[meanwhile] 05/9/2019 20:37

I suggest you consult a meat cookery site for advice on gravy.

[jackdaw4243] 05/9/2019 19:10

Just landed in Jersey after a few weeks at sea, what welcome news breaking 200.I hope politics and Boris have not been controversial in my absence whilst battling the elements in Biscay. Looking forward to some beef with a good gravy, any suggestion welcome.

[essentialinvestor] 05/9/2019 12:43

These are exceptional results. There is little question left that MRO
will once again deliver, this time on a much bigger scale.

Disposals will come in time, it's not an issue and they reap the cash flow
in the meantime.

[meanwhile] 05/9/2019 12:41

Is this site a suitable place to deal with a matter on the level of gravy?

[ryelodge] 05/9/2019 11:58

MRO results and associated pitch are becoming somewhat bland and predictable -- a bit like Bisto gravy. They need urgently to go back to basics and produce a major disposal which will really boost shareholder value -- a bit like the large shot of sherry in Jamie Oliver's gravy recipe.

[meanwhile] 05/9/2019 09:24

It's good to see the old 'team' back together again.
We just need ryelodge now.

[gettingrichslow] 05/9/2019 09:18

Good results. £3 by Christmas.

[minerve 2] 05/9/2019 09:13

"Good results."

You need to qualify that. Not good results for the 1000 being made redundant.

[meanwhile] 05/9/2019 09:09

The first wallet photo from my 2019 portfolio is now on my profile, under the 'photos' tab. This has been triggered by today's good news and a rise in the share price

Gone is the brash, vulgar portrayal of greed and lust for money, found in earlier wallet photos, replaced by a tasteful portrait of dignified prosperity.

Others in the collection will follow as the share price progresses.

[brexitplus] 05/9/2019 06:54

Good results.

[meanwhile] 04/9/2019 08:59

I had recently initiated a discussion of 'World Gravies' on another company's thread but I won't be repeating that here.

It might, however, be worth pointing out that there was some confusion on that site between the terms 'gravy boat' and 'gravy train'.

'Gravy boat' is a jug type vessel in which gravy is served at the table.

'Gravy train' is a fictitious transport vehicle in which certain company bosses, politicians and high earners continuously travel back & forth gorging themselves at our expense.
Such is the reputation of gravy as a luxurious delicacy.

[minerve 2] 04/9/2019 08:33

To be fair, my Rolls-Royce investment so far has also been a damp squib. I sold Rolls Royce and it is back on my watch list.

[meanwhile] 04/9/2019 08:31

Yes, Minerve was right.One of the consequences of Asset Stripping.

[minerve 2] 03/9/2019 21:55

GKN Aerospace to cut about 1,000 jobs in streamlining push

Oh dear. Look at what is happening.

Minerve right, yet again!

[meanwhile] 21/8/2019 14:29

It can be interesting, and sometimes quite telling, to look back at old news stories, forecasts and predictions, including this one from almost a year ago, based on MRO bosses own statements.

"Daily Telegraph, 30 September 2018
GKN owner Melrose is preparing to cash in on its turnaround of the US air conditioning manufacturer Nortek as part of a string of sales expected to raise up to £6bn.
Melrose bosses are exploring a sale of Nortek just two years after they snapped up the business for £2.2bn.
Chris Miller, the executive chairman, ¬signalled that the turnaround is complete. “We’ve owned Nortek for two years and you have to ask, have we got to the end of the improvement programme?” he told The Sunday Telegraph.
No decision has been taken, but Mr Miller said it could form part of a series of disposals in the coming months."

Since then we've also had talk of sales of Ergotron and GKN Powder Metallurgy.

We all know, of course, that nothing's happened yet. Something is overdue, or cancelled.

[sliotar] 20/8/2019 08:34

Just in case, a thoughtfully positioned stop loss might be appropriate.

[meanwhile] 19/8/2019 17:29

MRO Interim results to be announced 5th September, just over 2 weeks time.

So now is around he time that the market usually anticipates the performance figures and any other significant announcements, regarding disposals, closures, major investments etc. in this case.

A current price of 167p doesn't seem to me to include any good news in these various respects, so barring a major market movement downwards, I can only see a bit of a recovery in the price up to results day.

[gettingrichslow] 17/8/2019 22:40

Have you never used a stop-loss Meanwhile? They are simple enough to set up - even you could probably do it with a little help I reckon. You’ll need a thing called a micro-computer though. Or one of those modern phones that the youngsters down the road from you in Wrexham use to order their ‘spice’.

[meanwhile] 17/8/2019 19:07

getting must have a wonderful and unique arrangement with his broker.

One of his shares falls more than 50% in a few minutes and his broker manages to engage a 10% stop loss on the holding. This, of course, was BUR. But there was a second example.

PLUS500 became MINUS 500 rather abruptly, halving in the very brief process, and yet a 10% stop loss was employed to limit getting's losses.

Wonderful, and unique. Who is this broker? Could it be a delusion, or MEANWHILE, or Sliotar, or VHS?

[sliotar] 17/8/2019 13:11

By the way, you should have said “ all about apostrophes”.

[sliotar] 17/8/2019 12:41

Gettingmatureslow — not at all.

[sliotar] 17/8/2019 09:39

Gettingmatureslow -- if at all.