Melrose Industries Share Discussion Threads

[medieval blacksmith] 03/3/2022 21:23

Well I was a GKN shareholder at the time and did well selling it to Melrose. Hopefully now, I can hit the replay button from the other side and then buy post IPO when the fan boys are out.

[1justine] 03/3/2022 18:26

Don’t know about looking forward to GKN auto and aerospace back as listed entities. It would have been better for GKN shareholders if GKN had never lost that status or had found a home other than Melrose. Just look at MROs price performance since the acquisition. Abysmal versus any relevant Stock Market Index. The MRO management should have stuck with more bite size aquisitions; GKN was too much for them and directors buying a few shares every time the share price comes under sustained pressure won’t convince the market otherwise.

[essentialinvestor] 03/3/2022 16:42

MB, bought a few fwiw, not sure it's the time to be a hero though.

F... knows what is going to develop with Russia, all feels a bit 1984 like - Two Tribes etc.

[medieval blacksmith] 03/3/2022 16:30

Well, that was a great day on the markets, anyone make any money?

LOL!

[medieval blacksmith] 03/3/2022 16:29

I look forward to GKN Auto and GKN Aerospace back as listed entities on the LSE.

[essentialinvestor] 03/3/2022 16:20

speed, agree, but are we heading for another recession?.

MRO usually gets hit hard on risk off sentiment.

[speedsgh] 03/3/2022 14:18

Melrose on course for flotation of two GKN businesses -

Preparations for the flotation of two UK-based FTSE 100-sized companies [GKN Automotive & GKN Aerospace) began as Melrose Industries reported that the restructuring of two engineering businesses it bought for £8 billion four years ago was bearing fruit...

... Melrose believes that the return of sales volumes will get margins in the GKN businesses to double digits. They stand at between 4 per cent and 5 per cent...

... Andrew Wilson, analyst at broker JP Morgan Cazenove, said he believed that, factoring in the disposal values of the GKN businesses, Melrose was worth 240p a share. He said the recovery in the GKN businesses could unlock a tripling in earnings that would lead to the “crystallisation of the full sum-of-the-parts value as the break-up timeline moves closer”. He added: “The equity is mispriced and there is material upside for shareholders.”

[essentialinvestor] 03/3/2022 11:56

You cynic! eh.

Some of their comments the most cautious I can remember from Melrose.

Quality management but multiple sector headwinds - very unfortunate a chip shortage
hit auto sector volumes just when civil aerospace was experiencing an early recovery having
been hit for 6 during covid.

Now a soaring oil price and Ukraine.

Current equity markets are now looking more concerning and I am now 65% in cash having
exited a number of positions. Initially thought a sharp bonce back but now far less sure on that.

[1justine] 03/3/2022 11:43

Always too much puff in this company's Results Statement. They always seem to beat their own expectations-- whatever they may be! In these results they beat revenue expectations, beat adjusted , normalised , underlying profit expectations and exceeded cash flow expectations. With all this exceeding of their expectations they then pull the rug on what has propped up the price -- a 2022 cash payment to shareholders.

[queenbreguet] 03/3/2022 10:55

Cheap at these levels

[bmel] 27/2/2022 12:27

Just read it. Pretty bullish for strong sales recovery in aerospace and automotive in the coming year with a very significant increase in profits as a result.

[essentialinvestor] 22/2/2022 12:42

A bit of Bobby Vee action today - rubber ball. Ukraine events dominating and unresolved.

[essentialinvestor] 15/2/2022 18:05

SP playing ping pong between risk off and on days atm.

FY results should give a firmer indication of direction.

[essentialinvestor] 26/1/2022 11:26

FY results 03 March.

[roguetraderuk] 24/1/2022 15:14

no of course not. putin will go in and probably take the russian speaking part, maybe up to the river even. taking the whole of ukraine would be a game changer and unlikely. when all sides have nuclear weapons everyone does what their conscience allows. putin has decided on an invasion of sorts, it will probably happen after olympics as he is expected to attend. but you never know.

[essentialinvestor] 24/1/2022 15:06

Well it can't be full scale war as Russia is a nuclear superpower!.

Sanctions, more sanctions etc, which probably does mean yet higher domestic fuel
costs to come and the same goes for corporate customers.

[roguetraderuk] 24/1/2022 09:29

russia invasion of ukraine is just about nailed on. the only question is what form it will take. ferrexpo still getting destroyed on this having decoupled from the iron ore price as mkt price in company specific risk.

[essentialinvestor] 24/1/2022 08:09

Added a few at the open.

Looks a fairish price unless markets sell off hard?.

[essentialinvestor] 21/1/2022 13:18

Mentioned a hell of a lot of bad news looks priced in a few weeks ago,
war with Russia and the West was not included!, all be it very unlikely to reach that conclusion.


Selling a few near £1.70 and buying back around the current price or
lower has worked several times.

[medieval blacksmith] 14/1/2022 10:53

Shstt1

I'm not Porsche1945.

Here is something you might not be aware of: half of the population (at least) didn't want Brexit in its current form and the majority certainly don't want the clown as PM (who was voted in by the astute Brexiters and Tory clever boys - LOL). So it shouldn't come as a surprise that many hold the same view as I, even on ADVFN - well known for attracting many Tory voting ignorant old farts and silly little boys spread-betting and Bitcoin trading.

As far as investor relations: Nothing there I'm afraid. Move on. I won't be shaking in my boots.

Everyone is entitled to their opinion, you need to grow-up and be a man and accept that fact. :)

[shstt1] 13/1/2022 23:17

Why waste so much time on these threads MB alias Porshe1945
Your ignorance astounds me, it oozes from your posts.
I have forwarded your posts to the companies investor relations depts concerned as there are rules these days old chap.
Your days on the site are numbered under your email address.