Melrose Industries Share Discussion Threads

[minerve 2] 27/1/2020 13:07

Ah, the predictive text error.

[tournesol] 27/1/2020 12:55

Minerve Sorry for mis spelling. iphone predictive text which I didn't notice. Fact remains that you have written Affect when you should have written Effect. No need to be quite so defensive about a simple mistake. Especially if English is not your first language. T

[brexitplus] 27/1/2020 12:48

Tournesol, I think you are incorrect in calling Porky “Minerva”; - Minerva was the goddess of wisdom so inappropriate usage.

[minerve 2] 27/1/2020 12:23

Now run along little boy, you've had such a hard life. I would hate to think you are wasting your time here on ADVFN when you could be enjoying the fruits of your ever so hard endeavours. ;)

[minerve 2] 27/1/2020 12:21

Tournesol

It is "Minerve" not "Minerva".

You are getting mixed up between the English and the French version, and I thought you were well versed in French? ;)

[tournesol] 27/1/2020 12:20

Affect as a noun means external appearance of internal emotional state. Obviously that's not what you meant. The word you meant was Effect (noun) which means impact or result. HTHT

[tournesol] 27/1/2020 12:17

Minerva

You are getting mixed up between AFFECT and EFFECT. Its a common enough mistake which results from the close similarity between these two different words.

Correct usage is made more difficult by the fact that both words occur as both nouns and verbs. The relationship between the n and the v is counter intuitive. If something Affects (verb) you then it has an Effect (noun) on you.

[meanwhile] 27/1/2020 10:47

Minerve,

You're absolutely correct about getting's complete ignorance, and I'm giving up reading his posts.
He has no logic at all.
He tells me yesterday that I can't have made money on the last MRO Rights Issue in 2016, I only think I did.

Well, if you bought MRO in Feb 2016 at 294p, held the shares until they rose to a peak of £8+ in July 2016, on the announcement of a 12 for 1 Rights Issue at 95p to buy Nortek, sold some of these MRO at prices between 550p and 780p in July 2016 to fund the take up of the new Rights shares at 95p, these new shares opening in August 2016 at 160p, and now trading at around 240p, then I think this buyer has made money on the Rights issue - rather than just thinking he has.

[brexitplus] 27/1/2020 07:35

Getting 😄😄😄😄8516;

[minerve 2] 26/1/2020 22:23

No good long-term investor would use stop-losses, end of.

Show me a portfolio with stop losses set at n-10% and I'll show you a portfolio destined to lose 10%! ;)

[gettingrichslow] 26/1/2020 18:27

As you know Meanwhile, you didn’t understand the mathematics of rights issues, and seemed to think that the ‘discounted217; price of the newly issued shares was somehow ‘free money’. I had to give you a fully worked example to explain it!! If you look at the RPC board you’ll see that numerous other posters also fell for this common misconception, until many other posters (including me) explained why it isn’t so. Unlike you though, they were all quick to understand their mistake.
And on stop-losses you said you’d never heard of them and demanded to know ‘which broker provides them’!!!!!

[meanwhile] 26/1/2020 18:13

"And all this and he doesn’t even know how negative yielding bonds work?"

Not to mention rights Issues and Stop-losses.

[gettingrichslow] 26/1/2020 18:04

Added to which you never gave me your list of academic and professional qualifications despite me giving you mine?!

[gettingrichslow] 26/1/2020 18:02

Where did I say I didn’t know what they are or how they work? I just thought it was funny that you reckoned you had some. I’ve never believed you that you are a ‘professional investor’ and in my judgement, it’s unlikely that someone like you who can’t even spell or know the difference between ‘effect’ and ‘affect’ would be buying negative-yielding bonds. By the way, you still haven’t told us how much you made in 2019?

[minerve 2] 26/1/2020 17:41

“This was the foundation for what I do now in my career.”

And all this and he doesn’t even know how negative yielding bonds work?

You couldn’t make it up.

[tournesol] 26/1/2020 17:27

Getting

Thanks for your kind words. Much appreciated.

T

[meanwhile] 26/1/2020 17:01

We just need getting's 'rags to riches' story now, to complete the set.

My guess is he was born and bred in the workhouse.

[meanwhile] 26/1/2020 16:47

tournesol,

That's nothing.
We were so poor, we'd have given our eye teeth to live in abject poverty.

[tournesol] 26/1/2020 16:32

Minerve

.. You state the EU have been brainwashing the youth…

Nope. I did not say that. You are putting words into my mouth again.

It seems you have travelled all over Europe, very fortunate. I hope you realise that the privileged position you baby boomers have had over the last four decades could now be taken away from our youth.

Claptrap.

1) I grew up in abject poverty. I worked hard and got to university (it was far far harder to get into uni when I was young than it is now.) Then I worked hard at my career. Then I spent 2 years pursuing opportunities to work abroad. I made a few false starts but persisted. I worked my way up and I worked my way around the world. It was not easy. There was no helping hand from the old boys' network. There was no bank of mum and dad. There was no helping hand onto the property ladder. My children have had a much easier life so far and will have a much easier life from here on. Looking at my friends I can say that all of the baby boomers had to work bloody hard to achieve things that their children take for granted.

2) Leaving the EU will not in any way reduce the opportunities available to the next generation. I've worked in Africa, Asia and Australasia. Those areas are not in the EU. That did not stop me.

3) I really hate whinging. Especially ffrom people who are themselves in an extremely privileged position and especially when it is aimed at the less privileged.

[gettingrichslow] 26/1/2020 14:24

Meanwhile, you seem to have really upset Turvart! I think you need to find your usernames and passwords for ‘Sliotar’; and ‘Ryelodge̵7; so that they can come to your aid?? 😂 😭