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MRO Melrose Industries Plc

601.20
5.60 (0.94%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Melrose Industries Plc LSE:MRO London Ordinary Share GB00BNGDN821 ORD 160/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.60 0.94% 601.20 599.80 600.20 602.80 588.00 593.00 3,688,084 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 4.93B -1.02B -0.7540 -7.96 8.11B
Melrose Industries Plc is listed in the Engineering Services sector of the London Stock Exchange with ticker MRO. The last closing price for Melrose Industries was 595.60p. Over the last year, Melrose Industries shares have traded in a share price range of 436.10p to 681.20p.

Melrose Industries currently has 1,351,475,321 shares in issue. The market capitalisation of Melrose Industries is £8.11 billion. Melrose Industries has a price to earnings ratio (PE ratio) of -7.96.

Melrose Industries Share Discussion Threads

Showing 10826 to 10850 of 12450 messages
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DateSubjectAuthorDiscuss
03/12/2019
14:55
MEANWHILE - "Very boring and totally irrelevant."

Unless one of the keys was for your front door!!!

losos
03/12/2019
14:52
'afternoon B+

Have found the picture, very impressive. Also noticed a section called 'followers' clicked on the top but my user name didn't appear, of well you know I 'follow' your GKN news postings so no real need to get my name on the list, probably didn't do it right haha.

PS I liked the photos of the beehive & raised beds, you've certainly been busy :-)

losos
03/12/2019
11:53
For added information to show the size of the new plant which is creating a large number of jobs in India I have posted a picture of the facility on my profile page.
brexitplus
03/12/2019
11:38
Brexitplus's lengthy technical posts remind me of a very helpful and friendly, but mentally challenged, chap who used to come in the local pub when I lived, many years ago, in Cheshire.
He had the largest bunch of keys I've ever seen, of which he was very proud, and he took great pleasure in explaining to any newcomers what each key was able to open.

Very boring and totally irrelevant.

meanwhile
03/12/2019
11:14
How strange that the drop this morning occurred almost to the minute with the last post on this Board. The MRO Boys won't be happy to be out of the money on their current LTIP. Time for an announcement?
sliotar
03/12/2019
10:09
GKN Aerospace will officially open its all-new facility for Electrical Wiring Interconnection Systems (EWIS) in Pune, India.

GKN Aerospace India will celebrate this significant milestone with an inauguration ceremony on Wednesday 4th December. GKN Aerospace Leadership, together with State of Maharashtra Government officials, as well as investment partners and customers, will come together to recognise GKN Aerospace strengthening its footprint in the region and the importance of the fast-growing aerospace market in India. The Ambassador of the Netherlands in India, Marten van den Berg, John Pritchard, CEO Aerostructures and Systems Europe and Asia and Michiel Barendse vice-president & managing director of GKN Fokker Elmo will be guest speakers at the ceremony.

The site will focus on the assembly of wiring systems for commercial aircraft and aero-engines like the Airbus A320neo, Boeing 737, 777X and Boeing 787. The Pune facility will operate alongside the existing Joint Venture for wiring systems in Bangalore, which is serving the defence market.

GKN Aerospace will create 200 jobs in 2020 growing to 800 within five years. GKN Aerospace will recruit a significant number of female operators and engineers and will provide on-site training for employees. A team of 30 people has been built to date. GKN Aerospace has invested $10 million in the site and in its state-of-the-art equipment and technologies. The expansion to Asia is an important part of GKN Aerospace’s long-term growth strategy and global operating model.

The new site, with a surface of 11,000m2, is a fully owned GKN Aerospace business and located in Pune in the state Maharashtra. Pune offers favourable conditions in the areas of business development, labour, education and training and infrastructure. It also has an excellent location relative to the company’s major customers in India. Site certification process and recruitment are on track and initial production has recently started.

GKN Aerospace, GKN Driveline and GKN Powder Metallurgy have made significant investment in India in recent years. The three businesses operate eight locations in India with 2000 employees. India is an important country in GKN Aerospace’s plan to expand the Asian footprint. GKN Aerospace recently also opened a new facility in Malaysia, another element of the Asian expansion plan. By the time both sites are fully up-and-running, around 15% of GKN Aerospace’s employees are expected to be based in Asia.

John Pritchard, CEO Aerostructures and Systems Europe and Asia said: “We are really proud to open this state-of-the-art facility in Pune. This is a true demonstration of our enduring partnership with India and of the solid growth of the Indian Aerospace Industry and of our EWIS business. The collaboration with the local authorities and support of the regional government has been vital.”

brexitplus
02/12/2019
23:29
Before commenting on the content of others' posts, gettingrichslow really must study that content carefully and ensure that he has understood the message conveyed.

He should learn not to make assumptions and extrapolations or to invent insinuations.

meanwhile
02/12/2019
09:45
He was with his tiny wife and twins looking at the make-up counter in Boots. For his black eye perhaps!!!

I hadn’t realised Mitch Lees had left Exeter.

brexitplus
02/12/2019
09:40
Mostert looks a bit of a beast, must be the neck and flattened nose. Glaws unlucky, Exeter back to form, could be a more even Premiership than last year.
yertiz
02/12/2019
08:57
Hi Yertiz, good decision. Exeter for the Premiership. Glaws back to losing by one score as 2 years ago. Ran into Franco Mostert on Friday in Cheltenham, not literally. He’s not as big as I thought. Tall but rangy rather than big. Had a big black eye!!
brexitplus
02/12/2019
08:35
Ha, I thought my entry unreasonably high with no chance of winning. Bit of a double edged sword so IF I were to clinch the "prize' I'd donate it to a worthy cause, like the Donkey Sanctuary or the Colorado tourist board, in some way to help these worthy organisations undo the damage done to their reputations by Meanwhile.
yertiz
02/12/2019
07:56
My estimate for year end is 242 p.
If there is any hint they might sell Norton then it could be a lot higher.

bigalan3
02/12/2019
07:55
Thanks getting. This one competition I will be very happy to lose to Yertiz.

248p seems very popular!!!

brexitplus
01/12/2019
23:01
So here are the entries to the Xmas share price competition:

Yertiz 267p
Brexitplus 252p
Meanwhile 248p
Sliotar 248p
Ryelodge 248p
HVS 248p
Mattboxy 247p
Gettingrichslow 239p

The winner gets a night out with Meanwhile, Sliotar, Ryelodge and HVS in the Wrexham Wetherspoons.

I believe the last 2 champions were Casey the Dog and Mattboxy but I may have got that wrong.

gettingrichslow
01/12/2019
22:20
Sliotar

Shouldn't you have said "The Apostrophe Protection Society has announced it's demise, admitting defeat in the face of ignorance and laziness. Some of the posts' here may well have contributed."?

:~)

tournesol
01/12/2019
20:08
Sadly, Sliotar, this is probably the case.
We need only look back a few posts, to the latest from the Cotswold Sage, to see an example - “taking others advice”.

Pitiful.

meanwhile
01/12/2019
17:43
The Apostrophe Protection Society has announced its demise, admitting defeat in the face of ignorance and laziness. Some of the posts here may well have contributed.
sliotar
01/12/2019
14:01
Meanwhile, which category would you put your Stirling Industries investment in? “Clapped out”?
gettingrichslow
01/12/2019
11:24
This is not everybody's approach, Marie1980.

I put all my eggs in one good basket, like MRO,
I keep clear of 'clapped-outs' and of 'one-year wonders' like Burford, Kier, MINUS900 (previously known as PLUS500), PurpleBricks etc.

meanwhile
01/12/2019
10:43
Tournesol

My approach too. Taking others advice it would have been easy to invest a large sum in, say, Kier at 500p and be over 80% down in no time.

brexitplus
30/11/2019
23:36
Marie

why not drip feed?

when I find a new stock that I want to invest in but am not sure about the current price level, I invest a small initial amount which gets the stock onto my daily radar screen and ensures I am sufficiently interested to follow developments and do more research. As I learn more I feel more confident in identifying appropriate timing for adding to the initial position. If I decide I got the initial decision wrong it is not too painful to accept the error of my ways and exit. Either way it makes for an easier ride than taking a big position in one move.

tournesol
30/11/2019
21:26
Hi all,

I’ve total isa of £20,00 for this year and Melrose is one to invest apart from few others pharma long term and one bank stock.

I’ve feeling this stock ran a lot.

Should I wait or invest ? This share is the one I’m most confused.

marie1980
30/11/2019
16:27
My entry into the Xmas share price competition is 239p.
gettingrichslow
29/11/2019
16:43
Yes Sliotar, a lot of these lads would need to.

On the subject of prizes to be offered for best MRO forecasts, I am pleased to be able to contribute a framed & signed photo (10"x8") of my new wallet, stuffed to breaking point, possibly as the 2nd prize.

An artefact to embellish any young lads bedroom.

meanwhile
29/11/2019
14:49
Of course Gettingmatureslowly would need to bring his ID if he wants to have a sherry.
sliotar
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