Melrose Industries Share Discussion Threads

[minerve 2] 23/3/2020 16:38

getting

I'm reading real data, unlike you who works off of tabloid headlines.

When are you due to be sacked? Can't be long now.

Hope you can keep the family fed!

ROFLMAO!

[gettingrichslow] 23/3/2020 16:05

“Flight numbers seem to be holding up quite well”

!! 🤣🤣🤣 ROFLMAO!!

[gettingrichslow] 23/3/2020 16:03

“Stop-losses generally just don't make sense. If you buy into a company - because you deem it good value - then surely you would be a buyer at lower prices than an automatic seller.“

Err...except when a global pandemic strikes! At which time you’re glad you set a stop-loss!

Low quality thinking again from the Pontypridd Poly graduate. Very naive!

[minerve 2] 23/3/2020 11:50

"Now come on. Let's be reasonable, and kind to each other."

OK. Enough teasing.

Here is a chart (at the bottom) that shows an analyst's view on Melrose showing one of the greatest recovery potentials. Of course it does depend on how drawn out this whole thing is but defence and aerospace contracts will still continue - flight numbers seem to be holding up quite well if only for freight (read elsewhere).

Hold fast.

[meanwhile] 23/3/2020 11:16

Now come on. Let's be reasonable, and kind to each other.

[bookbroker] 23/3/2020 11:07

How highly leveraged is this company, up to the hilt I’d imagine, and what will their covenants be. An aside, if this lockdown lasts three months I doubt it will make a blind bit of difference, it’s how long car plants, etc take to ramp up again.

[minerve 2] 23/3/2020 11:05

YOUR SAVINGS ARE GOING DOWN THE PLUG HOLE!
YOUR SAVINGS ARE GOING DOWN THE PLUG HOLE!
YOUR SAVINGS ARE GOING DOWN THE PLUG HOLE!
YOUR SAVINGS ARE GOING DOWN THE PLUG HOLE!

[minerve 2] 23/3/2020 11:00

Yertiz

It will be the stop-loss numpties who lose the most IMO. The algorithms and hedge-fund shorters will be creaming the long line of idiots using their narrow stop-losses.

Stop-losses generally just don't make sense. If you buy into a company - because you deem it good value - then surely you would be a buyer at lower prices than an automatic seller.

Stop-losses are for those who cannot, or are not willing to, properly execute the due diligence on the stocks they choose. It smacks of lack of confidence in their convictions to me.

No, I'm not suffering badly, I'm a buyer at these levels, not a seller.

:)

[meanwhile] 23/3/2020 10:58

Now, come on now, now, now come on. I urge you to come on now.

Why can't we all just get along?

[yertiz] 23/3/2020 10:49

Probably as well as all your non stop lossed investments, Minnie, LOLOLOL. You must be suffering badly, LMAO.

[minerve 2] 23/3/2020 10:30

How is the Melrose investment going folks?

LOL

[gettingrichslow] 23/3/2020 00:38

Meanwhile, I’m sorry for pointing out that your lack of understanding of rights issues had led you to think that you had made more than you actually had, but I’m sure you’ll thank me later when your embarrassment subsides! If you still don’t understand, I suggest you re-read my last post to you where I took the time to dissect your calculation and correct each element of it. But your biggest mistake was getting out of MRO so late - I did try to warn you but you didn’t act quickly enough.

[meanwhile] 22/3/2020 18:07

MRO at 101p; who would have believed it?
At this price I'm making very little profit on the Rights Issue shares I bought in 2016 at 95p.

For an explanation of this phenomenon, contact gettingrichslow, aliases :-

(1)- BUR/753p/"Just bought another £60k of these at 753-755. Bargain of the century."

(2) - 'You'll never make money on a rights Issue, you'll only think you have, and it'll catch up with you one day. This is true even if your shares + cash valuation has risen dramatically as a result of the issue. And you've spent it on things you didn't have before.'

[yertiz] 22/3/2020 15:00

Every chance MRO could visit sub-90p. That will be my signal to fill my boots, but not expecting any miraculous recovery in the near future. This situation will drag on and on until an effective vaccine is generated. Glimmer of hope with Avigan treatment apparently effective against Covid-19, but yet to be proven, trialed and properly tested. If this does work, then put all your money into Fujifilm!

[jackdaw4243] 21/3/2020 19:01

£0.99 sounds better or £1.07 not so good.

[yertiz] 19/3/2020 16:29

Seen off Jackdaw. They're 100 times lower than that! Still think there's further to fall before any substantial rise or confidence returns. I'm staying out of this crazy market until some semblance of sanity returns. Good luck and stay well, all.

[jackdaw4243] 19/3/2020 16:06

Added a few at Sub £107

[minerve 2] 19/3/2020 10:37

Losos

Stay safe old boy. :)

[jackdaw4243] 19/3/2020 10:32

Am I correct in my belief that the bonus of millions paid to the directors of MRO was in shares.

[losos] 18/3/2020 10:51

gettingrichslow - "B+, Losos and others - are you out there?"

Thanks for your concern. I'm sitting on my hands haha. Have some medical issues which are more important to me right now. I do look in from time to time 'tho to read your comments, and B+, Yertiz, and a few others.

[meanwhile] 16/3/2020 12:36

1jezza,

In your price:book ratio, the ‘book’ term is now obsolete.

[1jezza] 16/3/2020 11:40

With a Price:Book ratio for MRO of 0.7x under any normal circumstances this would be a Buy. Pity!

[gettingrichslow] 16/3/2020 11:18

Tournesol, I appreciate your openness and I think you’ve done the right thing this time so well done. Best wishes to you and others on here who have had big decisions to make over the last few weeks.