Melrose Industries Share Discussion Threads

[essentialinvestor] 09/6/2022 12:25

Buy back rather than the usual share consolidation route.

[jackdaw4243] 09/6/2022 12:18

GRS

I did and they said " you are going on a long journey"

[gettingrichslow] 09/6/2022 09:52

What a load of nonsense. You might as well look at some tea-leaves.

[roguetraderuk] 09/6/2022 08:10

10 year channel at about 158 on a weekly basis while a 2 year channel at 161.25. if those break you could be looking at 200-250 technically. but its gone up 50% in a month and thats also upstream vs a falling mkt. so a bit o/b st. so not sure there is room to make such a big move here right now, corporate action excepted. youd like to see tha gap filled in the 140's and then holding the march swing high before maybe trying again higher.

[rettah] 08/6/2022 07:48

The capital markets day presentation is worth a look. Very detailed.

[netcurtains] 08/6/2022 07:18

Share buyback program started

[netcurtains] 07/6/2022 10:33

interesting info. thanks

[tenapen] 05/6/2022 20:41

I agree bmel, from small acorn's do large Oak trees grow.



.....is pleased to announce that it has received a further order from GKN Hydrogen ("GKN") for an additional eight PM Module S8 fuel cell systems designed for the autonomous provision of energy and heat to be delivered in Q1 2022. GKN Hydrogen is part of GKN, the Aerospace, Automotive and Powder Metallurgy international business controlled by Melrose Industries plc.

Including previous orders, GKN has now ordered 25 PM Module S8 fuel cell systems in total

[bmel] 05/6/2022 16:52

Tenapen

The hydrogen business is going to be really interesting for MRO.

It is unlike anything else we have owned previously.

Hydrogen is a (rapidly) emerging part of the energy sector ie ‘new tech’ that is nowhere near the standard MRO buy, improve, sell model.

I am curious to see how the MRO board react to this. I suspect this will be in our portfolio for some time and I can imagine other acquisitions that could be bolt on to scale up the hydrogen business before ultimate sale to …….say one of the big oil majors or energy companies.

The Ukraine war has completely tossed the green energy production industry into the air and turbo charged its rate of development. Massive stakes to play for in hydrogen.

[tenapen] 05/6/2022 08:54

I will be interested in Melrose's hope's and expectations for GKN hydrogen. We know they have made sales with one rig being shipped to Australia. They have also attended at least one trade fare, so hopefully they will bag many more orders going forward.


"A first HY2MINI system was picked up these days in its green GKN Hydrogen container for transport to Down Under. Proton Motor wishes a good journey to its destination in New South Wales, Australia. There, in the rural area, hydrogen storage is a much safer and cleaner option over the common diesel generators, which have often already caused bushfires or have been damaged in natural disasters."

[gargoyle2] 04/6/2022 19:33

hxxps://www.thetimes.co.uk/article/melrose-sale-leaves-focus-on-gkn-businesses-705kf55lc

[bmel] 04/6/2022 17:29

Ergotron business sold for £512m. The last part of Nortek.Substantial profit on the whole deal.Now focus is all on former GKN businessAerospaceAutomotivePowder metallurgy HydrogenAll of them steadily slipping back towards growth mode again......albeit after an unwelcome delay.

[chickbait] 30/5/2022 15:10

NoQuestionMarks

Posted in: MRO

Posts: 292

Price: 134.75

No Opinion

RE: average target 199.2p30 May 2022 10:14
Up over 10% in a month.
5 brokers say buy
3 say hold
0 recommend a sell
When the auto/airline recovery finally gains traction we are heading north.

Careful listening to the rampers!!!

[chickbait] 30/5/2022 15:04

Careful you don't get spiked!!!

[medieval blacksmith] 30/5/2022 14:26

Plus all the planes in Russia that have become stranded aren't available.

[rettah] 30/5/2022 07:00

Good to see this moving up. Directors were happy to buy from 160 down.

This is from City AM: "ORDERS for commercial aircraft were their highest in four years in the month of April, new data released today has revealed. More than 130 airplanes were ordered in April, hitting a high not seen since well before the pandemic. There is now a backlog of some 13,000 aircraft that have been ordered but are yet to be delivered, a sign of the sector’s rebound and confidence as travelers release pent-up demand for breaks built up during two disrupted years of international travel."

[essentialinvestor] 09/5/2022 05:33

Agree a little vague and no comment on whether MRO cash positive in the period.

[1justine] 07/5/2022 09:37

Yet another puffed up MRO statement on vague comparisons with their own expectations and positioning for the future. Just do a deal-- that's how we make money out of this lot!

[roguetraderuk] 27/4/2022 16:03

MB, my base isnt gbp. i have plenty of gbp bought after brexit. i did sell a fair bit recently as my base is pln and those war premium levels near 6 were just to good historically. but it leaves a prob of where to put them. but thats a diff prob. as for usd i got rid of most when i cashed out of my minor us positions at the start of my tax year (jan 1st). so if war premium comes out of usd vs pln, i will be looking at at least 10% on the currency in terms of downside. and it could happen in the coming weeks. so in that respect im limited to my us possies and for now keeping the few usd i have in case of a solid washout.

[medieval blacksmith] 27/4/2022 15:49

Just when you thought it couldn't get any worse, eh?

Locusts next.

Opportunity.

[essentialinvestor] 27/4/2022 15:43

One development is for sure, macro outlook is deteriorating pretty rapidly
and supply issues, particularly in automotive, look to be worsening.

[medieval blacksmith] 27/4/2022 15:37

Well WRT Boeing it could be a 'dead cat' bounce but I have already cleared the poor trading spread and currency costs that HL throw at me and nearly 1% up. Probably down another 10% tomorrow. LOL

Nice sunny day so have a relaxing evening folks.

[medieval blacksmith] 27/4/2022 15:32

I wouldn't worry too much about the high $ if I were you. At least I wouldn't let it stop you from buying US stock. Who is to say Cable is going to get any better from 'our' perspective anytime soon. World wide companies like Boeing - from suppliers, customers and world spread business - tend to iron out currency differences anyway. If it was an income stock I would probably think differently but currency spread on a 3 year investment (say) especially $/£ wouldn't concern me when judged against likely future return.