Melrose Industries Share Discussion Threads

[roguetraderuk] 19/7/2022 08:33

yes its been massive vs mkt. very surprised to have not seen it give some up but appears mkt was just too bearish and poss got a rude awakening after the gkn day.

[netcurtains] 19/7/2022 08:14

i sold - I've had an excellent run (from about 24th May).
If it falls back a bit I might buy back in but its rise has been so huge,
I really had to take the profit.

[darrin1471] 18/7/2022 20:43

Marshall Wace being adding to their MRO short since March.
Now 1.41%

[tenapen] 06/7/2022 17:50

Re - GKN Hydrogen

[1justine] 30/6/2022 14:36

Wow! After days of heavy buying for their Repurchase Programme today's price performance shows these guys and their advisers really know the market.

[jackdaw4243] 21/6/2022 17:16

Anyone have a position in Gooch & Housego

[f56] 20/6/2022 20:17

The transfer of power from the west to the Far East is the only thing that matters. Short term gov. vs long term gov.

[blackhorse23] 13/6/2022 05:57

IGR on the move , 20% revenue growth each year & continue growing. JP Morgan price prediction 519p per shares by 2022. Shifted to IGR

[jackdaw4243] 10/6/2022 16:06

RR get paid by the engine hours so lets hope :-)

[netcurtains] 10/6/2022 15:51

Big news for firms in the aerospace industry:

[bmel] 09/6/2022 21:15

If the company believes the current share price is lower than it will get to in the medium future….

Buying back the shares is a good investment for the shareholders.

[roguetraderuk] 09/6/2022 18:52

a month ago it made more sense than today looking at the short term and what theyll need to pay per share, but thats probably why they looked at it, because the share price was so low. and i dont think they will instruct the bank to blindly buyback, its generally done with some level of intelligence. and dont forget theyre still holding onto the cash was was due to be handed back pre ukraine. the fact that they are willing to part with the cash from the most recent disposal suggests they think the worst is behind them. even so, the uk mkt being what it is, i expect they will have ample ops to buy back their own shares at lower prices than today.

[1justine] 09/6/2022 18:03

Share repurchase at fair value have no economic merit.some positive possibly from increasing leverage and lowering the cost of capital discount rate. Otherwise just traders telling clients it will underpin the price or demonstrates management confidence is just sales talk.

[jackdaw4243] 09/6/2022 13:44

I can never understand the idea or logic of a buy back., why pay more than the share price GE is a classic.

[essentialinvestor] 09/6/2022 13:25

Buy back rather than the usual share consolidation route.

[jackdaw4243] 09/6/2022 13:18

GRS

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

[gettingrichslow] 09/6/2022 10:52

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

[roguetraderuk] 09/6/2022 09:10

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 08:48

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

[netcurtains] 08/6/2022 08:18

Share buyback program started

[netcurtains] 07/6/2022 11:33

interesting info. thanks