Melrose Industries Share Discussion Threads

[erric] 07/5/2020 09:45

Not sure what else they could have said with much confidence.
I’m happy they still have the same large capital buffer as earlier in the year and am hoping that the China Re-start will give some optimism to shareholders

[gettingrichslow] 07/5/2020 09:13

Not sure I can ever recall a less insightful trading update.

[jackdaw4243] 05/5/2020 16:53

Getting

A good entry point for MRO, stop playing with Ammu, he should be doing his homework.

[gettingrichslow] 05/5/2020 09:15

CNBC tweet this morning “Warren Buffett’s Berkshire has now underperformed the broader market this year to date, and over the last 5 years, and over the last 10 years”

[gettingrichslow] 04/5/2020 15:43

“I need to see the impact of aerospace business”

I think we know that already Ammu. It’s worse than horrendous. What more are you waiting to see??

[ammu12] 04/5/2020 10:07

I think Melrose is an amazing company and excellent management however I need to see the impact of aerospace business before back in.Watching from the sidelines now....but will be back in as I like GKN

[paulof2] 04/5/2020 10:01

Selling at 105 worked remarkably well but there’s some good points posted here about the impact of aerospace perhaps 90 isn’t such a good buy anymore

[gettingrichslow] 04/5/2020 10:01

You’ve changed your tune Ammu - only recently you were dismissing the suggestion that this was looking grim for Melrose!

[our haven] 04/5/2020 07:57

0405. It's the right business and safety of staff decision, but I agree with you that they should have for the apprentices only made up the other 20%.

[0405] 04/5/2020 06:17

And I don't agree with Melrose policy of furloughed staff, especially the apprentices,some in their first year,they get about 15 k salary,do you mean to say those rich board members couldn't keep them on,shame on you,how much salary and bonus did you get when you took over GKN

[0405] 04/5/2020 06:11

Agreed and we're joined by Mr Buffett himself having just sold his entire holdings in his American airlines,not reduced sold out lock stock and barrel,what does that tell you

[ammu12] 02/5/2020 23:00

I think we will job losses announced soon from all of Melrose companies with the reduction in future demands etc....

[0405] 02/5/2020 03:46

Does that report include the fact that factories have been shut down ,that Airbus their main customer for wings is in financial restaints and will no doubt cancel future orders,the unknown of future air travel,which airline wants to buy new aircraft when there will be a glut sitting on the tarmac,shut down for a month at least,different world coming for the aircraft industry,

[knowing] 01/5/2020 14:24

Melrose Industries PLC using EPIC/TICKER code (LON:MRO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Melrose Industries PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 165 GBX on its stock. This is indicating the analyst believes there is a potential upside of 70.5% from today’s opening price of 96.8 GBX. Over the last 30 and 90 trading days the company share price has increased 18.8 points and decreased 137.6 points respectively. The 52 week high for the stock is 255.24 GBX while the year low stock price is currently 72 GBX.

Melrose Industries PLC has a 50 day moving average of 136.55 GBX and the 200 Day Moving Average price is recorded at 197.57. There are currently 4,858,254,963 shares in issue with the average daily volume traded being 35,819,685. Market capitalisation for LON:MRO is £4,724,205,941 GBP.

[paulof2] 30/4/2020 17:54

Thanks did manage to catch the peak nicely, let’s see what tomorrow brings

[sh1984] 30/4/2020 14:20

Well done, you timed it well some nice profit there for you.

[paulof2] 30/4/2020 12:30

Sold some of my holding at 105 to bank 20% hopefully be able to pick some more up at less than 90 again

[nemesis6] 30/4/2020 12:27

or as Fawlty would say...duke of melbury got his head knocked orf by a golf ball

[erric] 30/4/2020 11:35

As Eric morecambe would say
The numbers are right - 102 - they just might not be in the right order

[yertiz] 30/4/2020 10:22

Two chances : fat and no.

[paulof2] 30/4/2020 00:01

That would be nice but who knows!

[sh1984] 29/4/2020 20:43

Forecast for tomorrow 120p?

[jackdaw4243] 29/4/2020 17:17

Some say treat this up surge with caution , how many are cautious men.

[sh1984] 29/4/2020 14:39

Gilead report positive results with corona vaccine! all markets up right now