Melrose Industries Share Discussion Threads

[scepticalinvestor] 05/8/2020 11:33

Well any day now - this is waaay to low

[thamestrader] 05/8/2020 09:27

jinxed it, sorry mate

[thamestrader] 05/8/2020 08:23

looks like your wish may be granted!

[scepticalinvestor] 05/8/2020 08:06

decently up since my buy at 84p...fingers crossed for 100p today!!

[gettingrichslow] 04/8/2020 23:21

4 AUGUST 2020 • 8:55 PM
Gold hit $2,000 (£1,530) an ounce for the first time on Tuesday following a record-breaking rally driven by fears over the impact of the coronavirus pandemic on the global economy.

The morons are creaming it in Minerve!

[scepticalinvestor] 04/8/2020 15:52

Back to 100p today?

[susiebe] 04/8/2020 14:53

I hope the recent sellers/ derampers are back on board.Noticable absence today

[scepticalinvestor] 04/8/2020 08:05

yes, excellent report.co. can now focus on fcf

[susiebe] 04/8/2020 07:30

RNS Financing"We have now put in place new amended arrangements with our banks that last until the end of 2022. We thank our banks again for their continued support which gives us the headroom and flexibility to continue to focus on cash generation and adapt the Group as needed. Melrose also retains over GBP1 billion of cash liquidity. We are confident that we can position the Group to produce good returns for Shareholders."

[minerve 2] 03/8/2020 20:27

Comedy gold!

LOL!

[tday] 03/8/2020 16:04

Minerve 2. Filtered.

[minerve 2] 02/8/2020 20:21

BUY ONE BAR GET ONE FREE!

LEMMINGS R US.

[minerve 2] 02/8/2020 20:21

BUY GOLD!
BUY IT NOW MORONS!

[meanwhile] 02/8/2020 12:30

Come on now. Now, now, comeon.
I’m not going to tell you again.

[gettingrichslow] 01/8/2020 23:21

You’re really revealing your lack of intellect now Minny.
In the financial crisis of c.2007/2008 the Fed printed c.$1.4 trillion over 2 years and gold rocketed by over 50% by the end of 2009.
Now consider how much the Fed is printing between March 2020 and July 2020 (only 5 months, not 2 years) - the answer is c.$3.2 trillion! Now take a guess what that might do to the gold price Minny?
It’s not rocket science is it??!!

[minerve 2] 01/8/2020 22:16

getting

They have been ‘printing money’ by the bucket load for over a decade, did you feel it in your water?

Simply laughable.

[essentialinvestor] 01/8/2020 20:14

It's not looking great, cases have doubled in the last week in France, Belgium and Ireland(from a very low level in Ireland). Poland has seen three consecutive record days of new infections.

If you are in a vulnerable group and usually skip the flu jab, it might be
worth considering this autumn. While it wont prevent COVID, having flu and coronavirus
close together may increase the virulence of either infection.

[gettingrichslow] 01/8/2020 19:57

And as for your statement:
“You saw a pandemic in China, at that point you had no idea of the woeful response Trump and Boris were about to make”

Errrr...yes I did!! Did anyone honestly think that we, in the UK, were going to do what China did and start wrapping 8ft of barbed wire around the house of anyone who tested positive to get the virus stopped in its tracks??!! No!

And who’d have thought Trump would make a mess of it eh??!

I’m starting to think that you’re VERY naive Minny. Dear oh dear!

[gettingrichslow] 01/8/2020 19:52

Gold is for morons eh?
Well I’m one of those morons who watched the Fed turn on those multi-trillion dollar printing presses in March and thought “hmmm...huge amounts of new funny money is being magically created, I wonder, what will rise in demand as a result - ooh, I know, that yellow stuff that has been the ultimate store of value for centuries” so I bought loads of it, just like every other sensible investor I know, and guess what, it rose from c$1,500 to c$2,000 in the next few months. But it’s complete luck Minny, not judgement at all, no, no, no!

[minerve 2] 01/8/2020 19:03

Gold and cryptos are for morons.

[minerve 2] 01/8/2020 19:00

I generally don't need to answer you because I KNOW I AM RIGHT and I'm not here to be your private tutor. You'll learn, eventually, one way or the other.

You saw a pandemic in China, at that point you had no idea of the woeful response Trump and Boris were about to make. You sold and if the right COVID responses had been executed MRO could have bounced back as quick as it came down. You sit here now, congratulating yourself on your action because the series of events HAVE TURNED OUT IN YOUR FAVOUR. You had NO WAY OF KNOWING which way they would go before they happened. We have had no pandemic before in modern history and no way of predicting societal, governmental and human response. You made a guess and got it right. That is all.

As far as gold is concerned, it isn't a safe haven at all. You are relying on the "The Greater Fool" theory. In other words you buy on quote and HOPE that someone who is also running scared from equities will come along and buy it from you at a higher price. Hope isn't a clever investment strategy at all because the greater demand you are expecting for your gold holding may NEVER materialise. You are then left with an asset sat in paper losses that generates you no income and/or no 'owner earnings'. Not very clever.

[susiebe] 01/8/2020 18:37

I guess you're calling Minerve 2 'Minny' in a condescending way? These boards really bring out some negative traits in people but I suppose it's easy to hide behind a keyboard and write whatever you fancy.

[scepticalinvestor] 01/8/2020 18:35

shall i book a hotel for you two lovebirds?