Melrose Industries Share Discussion Threads

[minerve 2] 25/3/2020 20:54

Well, I am sure Corbyn would have had ventilators sorted and not panicking and pretending and lying that everything is in order like Boris the Doris.

The worst PM this country has ever had.

[gettingrichslow] 25/3/2020 19:31

Confirmation in post 11291 above that Minerve is indeed a prize idiot of the highest order. If the country hadn’t voted Boris in, we’d have Corbyn, Diane Abbott and Richard Burgon running the show. How do we think that would be going?

[jackdaw4243] 25/3/2020 17:05

Boeing may be the problem.

[henley2] 25/3/2020 15:13

Is this due a bounce at some stage?
Looking at the likes of Boeing, Meggitt and the airlines, slightly surprising that it hasn’t yet.

[thamestrader] 25/3/2020 08:16

hxxps://www.janes.com/article/94999/covid-19-aerospace-companies-to-lead-national-ventilator-effort

[thamestrader] 25/3/2020 08:08

hxxps://www.janes.com/article/94999/covid-19-aerospace-companies-to-lead-national-ventilator-effort

[essentialinvestor] 24/3/2020 17:45

Well I was stopped out at D1.24 on the following Monday!. Don't usually use a stop loss, however given the volatility did so.

Had a look at this yesterday and have to be honest and say was not feeling brave enough to buy back in. Luck to those holding.

[minerve 2] 24/3/2020 16:58

AKA getting- the Burford guru -richslow.

[meanwhile] 24/3/2020 16:53

With MRO closing at around 103p, holders of MRO shares at the time of the Nortek Rights Issue of 2016, and taking up the new shares at 95p, will be showing a modest profit on those new shares.
I conclude this from the equation 103-95 = a positive number, +8 to be precise.

For an alternative viewpoint, and a contrary, qualitative analysis using words like 'discount', see some recent contributions from the poster getting- 'you can't make money from rights Issues, you only think you have' -richslow.

[meanwhile] 24/3/2020 09:09

See them tumbling down
Pledging their love to the ground!
Lonely, but free, I'll be found
Drifting along with the tumbling tumbleweeds.

Cares of the past are behind
Nowhere to go, but I'll find
Just where the trail will wind
Drifting along with the tumbling tumbleweeds.

Tumbling Tumbleweeds - Sons of the Pioneers.

[meanwhile] 24/3/2020 09:03

Follow my guidance, follow my lead, follow my example, follow my cat.

Be generous.
Be reasonable.
Do proper maths, with numbers (like 753), not concepts (like discount).

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

EasyJet founder Stelios says fleet must drop by quarter
Founder says budget airline should ‘plan for 250 aircraft’, down from the 344 it has now.

25% fall eh, going to be a lot of second-hand planes on the market with demand slow to pick back up anytime soon. After all, having that jolly in Vegas is less important than buying your own home.

Analysis on two of my residential build stocks takes into account earnings falls of 15% this year and 5% next. Don't forget massive financial incentives backing up new property sales going forward. What is encouraging flight operators to buy new planes? Let us pretend tumble weed rolls across the screen whilst we wait for an answer from getting - the Burford guru.

[minerve 2] 23/3/2020 22:36

My income doesn't depend on house sales over one particular month. Neither does Countryside's dividend payment. At least they have a net cash position which is more that can be said for Melrose and I can't see airlines all rushing for new planes anytime soon or car manufacturers gagging at the bit for chassis.

Whether it is a house, car or aircraft they all depend on a functioning capitalist system and if we don't have that you aren't going to get your pension old boy.

LOL

[gettingrichslow] 23/3/2020 21:57

“They pay a nice dependable income”!! 🤣🤣
Not for much longer they won’t!!
How many houses do you think Countryside are going to sell in April? Shall I give you a clue - it begins with a ‘z’!

[gettingrichslow] 23/3/2020 17:24

Perhaps you should have though, Minny? Never mind - you’ll make it back in, errr...let’s see, 5 years or so, maybe 10, certainly within 15 years! ROFLMAO!! 🤣🤣

[minerve 2] 23/3/2020 17:18

Perhaps he should have executed a stop-loss on $75bn worth of stock.

I'll get him to give you a call getting.

ROFLMAO!

[gettingrichslow] 23/3/2020 17:15

Well maybe Warren has made a mistake?

This Week’s Biggest Losers: Buffett, Gates And Eight Other Billionaires Drop $57 Billion Combined Amid COVID-19 Panic
Hayley C.
ASSOCIATED PRESS

Warren Buffett lost the most this week, with his fortune dropping by $9.6 billion to $66.4 billion as of the market close on Friday, March 20. Berkshire Hathaway’s Class A dropped 8.6% alone on Wednesday as many of the investing vehicle’s top holdings fell, especially its travel stocks like Delta and American Airlines. Consumers are wary of flying due to contagion fears as the COVID-19 pandemic has topped 270,000 confirmed cases and 11,000 deaths worldwide.

[minerve 2] 23/3/2020 16:59

Can you imagine Buffett and Munger using stop-losses!

ROFLMAO!

[minerve 2] 23/3/2020 16:54

If you are in good companies quotational loss means nothing. I own the economics of the business and I couldn't give a monkeys what the share price is unless I am looking to buy or sell. ATM I am a buyer. Just bought some stock of a US company this afternoon.

Enjoy!

[gettingrichslow] 23/3/2020 16:48

Show me a portfolio without stop-losses set in February and I’ll show you a portfolio that has collapsed way more 10%...😜

[gettingrichslow] 23/3/2020 16:45

Minny, it would be great if I got laid off, I’ve been looking for a good opportunity for many years and this could be it with a big redundancy payout guaranteed. Need to collect the juicy LTIP first though in June but that’s also in the bag because of my notice period. And with all my stop-losses triggered between mid-Feb and early March, I’ve missed the worst falls in the last few weeks! Sitting watching from the sidelines now like all the others who diligently set their stop-losses! 😃