Melrose Industries Share Discussion Threads

[jackdaw4243] 24/4/2020 14:57

Sounds like legal nightmare, I may look at BUR again.

[meanwhile] 24/4/2020 13:32

No, Paulof2,
There are no escape clauses for Peckham.
All events, natural, unforeseen, paranormal, depraved and however unexpected, are considered to be under the control of the Melrose Board.

[paulof2] 24/4/2020 12:41

Wow hah imagine. Where have you seen that?

Surely though there would be some acceptance of the current situation being out of their control

[meanwhile] 24/4/2020 12:22

I wonder if there's any truth in the rumour, currently circulating the UK markets, of the existence of a hidden 'negative payment' clause in the current Directors' bonus agreement.
Apparently this would mean that, if the share price remains at current levels, Simon Peckham would be required to pay the Company £486 Million (from his private accounts) on maturity of the agreement.
Christopher Miller's payment would be a lower figure of £349M.

I must stress that this is only a rumour and of uncertain credibility, expressed as a percentage of 100.

[jackdaw4243] 24/4/2020 10:39

I think there is a lot of money waiting for the bottom and it could be months apart for financials, retail, oil and industrial s, my feeling is industrial's first to move.

SIG looks cheap ??

[yertiz] 24/4/2020 09:41

Storming towards that 120p target this week, eh?

[eldermon] 22/4/2020 21:58

You might be able to get a pub lunch, but not necessarily in a pub.

[gettingrichslow] 22/4/2020 20:46

That’s a good point Meanwhile, what’s happened to B+??

B+, are you out there??!

[jackdaw4243] 22/4/2020 18:01

Not many places these days you can get a pub lunch.... Lundy Island maybe, Marisco Arms.

[jackdaw4243] 22/4/2020 18:01

Not many places these days you can get a pub lunch.... Lundy Island maybe, Marisco Arms.

[meanwhile] 22/4/2020 14:16

Yes, Yertiz, thank you. Just a bit of a flare up of the old arthritic hands due to the weather, I expect.

Do you miss old brexitplus's lifestyle bulletins, as I certainly do?

"Just done a 12 mile stroll this morning, followed by a huge pub lunch. 'Chicken on Horseback' for dinner tonight.

[yertiz] 22/4/2020 13:44

Keeping well, Meanwhile?

[meanwhile] 22/4/2020 12:38

Professor Carl Heneghan, Director of the centre for evidence-based medicine at Oxford University, believes the Coronavirus outbreak peeked back in March and that the true fatality rate in the U.K. is likely to be in the range of 0.1-0.3%, rather than the 5-10% of those afflicted, suggested by the bulk of UK scientific opinion.
This means the true number of UK citizens who have so far contracted the virus is more like 10 Million (rather than a few hundred thousand), according with 15-20,000 resulting deaths.
Heneghan's suggested low death rate goes some way to explaining why the deaths in the NHS staff (around 480,000 clinical staff) is a low figure of 100-150, to date, despite the sporadic testing of NHS staff generally showing high levels of positive results. Heneghan believes most involved NHS staff have now been exposed, along with a large proportion of the country's people, but with a low fatality rate of 0.1-0.3%.

If this scenario is correct, then this epidemic/pandemic is no more serious than a very contagious influenza, claiming the lives of the weak and more susceptible, at a rate of 1 or 2 in a thousand.
And, if this emerges and becomes accepted as a truer representation of the virus and its long term effects, the stock market will respond in a fashion never before seen.

[eldermon] 22/4/2020 09:17

It's in the press release on the GKN aerospace websiteHtTps://www.gknaerospace.com/en/newsroom/news-releases/2020/ventilatorchallengeuk-consortium/

[gettingrichslow] 22/4/2020 09:12

Not sure if that’s true but even if it was, do you seriously think that’s going to make them the sort of levels of profits they need to offset losses in their core businesses? You seem to be in a dreamworld just like Meanwhile said the other day!

[jackdaw4243] 22/4/2020 08:46

New one on me.., were did you get the information

[ammu12] 22/4/2020 07:13

You do know gkn aerospace is helping with the ventilators right just like Rolls-Royce ?

[gettingrichslow] 21/4/2020 23:01

Jackdaw, it depends on what you’re manufacturing surely? If a company is manufacturing masks and other healthcare equipment, then yes. If a company is manufacturing airplane or car parts, then no.

[jackdaw4243] 21/4/2020 15:04

Some from ADVFN. Thought for the Day

So retail is going away, airlines, restaurants, pubs, cinemas, exhibitions, sport. That cascades into advertising supported media, property companies, oil… High Street.

When if that is the general thought then perhaps it will be time to buy.
But buy what? And of course, buy when?

Manufacturing comes to mind and companies that produce. MRO fits into that bracket along with R R and Meggit Et Al.

[paulof2] 20/4/2020 19:34

Would be nice to pick some more up at 80 here

[seagreen] 20/4/2020 14:17

No that is the people who peddle them to cause pain when others are suffering all be it with an ers on the end............Can not wish for a more experienced turn around crew on the board ....think I will trust in their views...also top blokes.

Although I note a W forming in their chart which may be that is what they think of short interests a bunch of W rs

Nice bounce to 1.60 and ruffle a few short and curlies