Melrose Industries Share Discussion Threads

[gettingrichslow] 18/4/2020 09:50

Ammu, I’m only spending time justifying it because you questioned it! I want to get back in at some point because I really believe in the management team and their ability to add huge value to businesses. This is my second favourite share, they’re just very unfortunate to be in the end markets they’re in with the current lockdown situation which could go on for a long time, especially if we get multiple waves of the virus.

[ammu12] 18/4/2020 08:36

As I said good for you. What I don't get is why spend time in here now justifying your sell? You've sold time to move on I guess....

[gettingrichslow] 18/4/2020 08:32

Ammu, here is my full post from 07 March when the case count was rising exponentially but the UK, the USA and others were all in denial, even allowing Cheltenham to go ahead with 240,000 people at close quarters - what could possibly be the harm in that?!. Now be honest, does my post look like ‘luck’ or ‘judgementR17; to you??

gettingrichslow - 07 Mar 2020 - 14:40:54 - 11206 of 11373
Aquae, how could you possibly know it is only a short term demand decline? Do you know for sure that this is all going to blow over quickly? There is no way of telling - therefore there must be a risk of it having a longer lasting effect. And that is what the market is already starting to price in here. My personal view is that the risks here are substantial until there is a clear decline in cases. Hence my full exit after many years of holding.

[ammu12] 18/4/2020 05:31

FED'S BULLARD: FED IS WILLING TO DO MORE TO ENSURE MARKET LIQUIDITY

[ammu12] 18/4/2020 05:27

Lol so you knew about the virus when you sold out at 214 and the world economy would collapse? You just got lucky. Anyways, it's natural to be pessimistic when you sell out. Good luck.

[gettingrichslow] 17/4/2020 22:01

Not a pessimist Ammu, just a realist. Which is why I sold out at 214p when it was obvious the global economy was going to freeze up. As posted here in early March. There seem to be a lot of deluded people in the markets at the moment!

[ammu12] 17/4/2020 20:11

Ahhh the pessimist is here with more depressing stuff. See you at 120 next week ;) Good luck with that short ouch....

[gettingrichslow] 17/4/2020 18:15

£3 by Xmas surely. After all, the global economy is going great guns, a vaccine is surely just around the corner, and we’re already at 4% herd immunity, only another 56% to go. Not to mention only 16.6m people in the biggest economy in the world have lost their jobs in the last two months. What’s not to like Ammu?

[ammu12] 17/4/2020 15:40

Next week 120p...

[ammu12] 17/4/2020 14:48

Getting rich slow ? Maybe you should change it to getting poor fast for you boy.

[gettingrichslow] 17/4/2020 14:29

Good god. I didn’t think this board could get any weirder and then Ammu12 turns up. Let’s hope there aren’t another 11 Ammus out there.

[ammu12] 17/4/2020 12:52

What do you mean ?

[paulof2] 17/4/2020 12:22

Let’s see if this continues

[bookbroker] 17/4/2020 07:08

Calm down!

[ammu12] 17/4/2020 07:06

Go Melrose go...

[ammu12] 17/4/2020 05:57

BREAKING: Boeing to restart commercial airplane production in Washington state starting next week.

[ammu12] 16/4/2020 18:30

Major News Conference tonight, the White House at 6:00 P.M. (Eastern), to explain Guidelines for OPENING UP AMERICA AGAIN!

[ammu12] 16/4/2020 17:14

Well this is a Ftse 100 share behaving like aim...MMS having fun whilst this covid -19 news on the tele everyday...

[jackdaw4243] 16/4/2020 17:12

Added a few to-day just enough not to affect the share price

[ammu12] 16/4/2020 13:16

Go Melrose go...

[bookbroker] 16/4/2020 09:30

Yeah, I’m more interested in this company than what some cuff-link in Taiwan thinks!

[meanwhile] 16/4/2020 09:14

How quickly things change.

Yesterday, this board had some sensible comments.
Today, it has entered a fantasy world.

[ammu12] 16/4/2020 09:06

Agreed. There is a good possibility of this back to 200's in 12 months time.