Melrose Industries Share Discussion Threads

[thamestrader] 07/9/2020 19:45

I sold a third of mine too, which will guarantee further rises.
You’re welcome.

[archy147] 07/9/2020 16:17

Hmm looks like my sell at 113p wasn't the smartest move!

How come the one time I try to 'play the market' and attempt to sell high before buying back lower is the one time the share just continues to rise? I think its called sods law lol

Still cheering this on as have MRO shares in 2 ISAs as well as my SIPP, just the SIPP is a bit ligher now...

Think i will stick to the old mantra "time in the market beats timing the market" in future!

[erric] 04/9/2020 07:16

The only consistent comment across all BB’s is how the MM’s manipulate automatically generated prices on SETS stocks - incredible.

[essentialinvestor] 03/9/2020 15:55

SETS stock, electronic order book.

[our haven] 03/9/2020 14:44

Ps 117 good for half your stake. I think that you are right that it will drop back again but who knows where the MM s want it to go

[our haven] 03/9/2020 13:59

I am sure that MMs get bonus on screwing PIs over, or is it just me?Review into their actions long overdue but will not happen anytime soon.

[archy147] 03/9/2020 10:42

Actually i take that back. I DO trust the MMs

I trust them to screw us over every opportunity they get.

Have sold half my stake at 113p. Will buy it back again if/when we get to 100p

[archy147] 03/9/2020 10:11

At this rate the share price will be back to the 120p it was at before the previous update. Weird how this one is having a positive effect and the last had a negative one. I really don't trust the MMs and expect to see this drop back down again.

[erric] 03/9/2020 09:16

High volume of sells being absorbed by the market. Interesting.

[thamestrader] 03/9/2020 08:38

Happy enough with that.

[lasata] 03/9/2020 08:07

Erric

Looks like you are right. Market approves of the update

[erric] 03/9/2020 07:34

Overall, a very positive statement for future trading and a reasonable six months considering the background

[lasata] 03/9/2020 07:34

Are these good results?

[our haven] 03/9/2020 07:23

No dividend as expected but good reduction in debt and cash building. Surely dividend will be reinstated in six months time provided another lockdown has been avoided.

[thamestrader] 18/8/2020 16:25

Take your time, though. Usually when it dips below 100, it visits the high 80s before returning north.

[scepticalinvestor] 12/8/2020 21:35

Thanks Archy!knowing my luck will be back at 140p in a few weeks!will be buying back in if it gets below 100p againgla!

[archy147] 12/8/2020 19:46

Well done nice profit Sceptical

I’m holding for longer term but must admit I am tempted to sell into strength each time there’s a fast gain. Did sell some at 1.40 before maybe I’ll hold for that price again

[scepticalinvestor] 12/8/2020 18:23

no was in the morning over 3 trades

[deutsch4] 12/8/2020 15:05

Oh I see! ....at 12 minutes past One

[scepticalinvestor] 12/8/2020 14:37

well decided to sell at 112 today.been one hell of a good ride.good luck all!

[scepticalinvestor] 09/8/2020 22:19

good points.Thank you - just wish I had bought more!

[scepticalinvestor] 06/8/2020 09:17

Always seems to drop off 98p