Melrose Industries Share Discussion Threads

[pharmaboy3] 19/7/2023 20:11

Plus thisHTTps://www.standard.co.uk/tech/science/chloe-smith-government-ben-wallace-secretary-of-state-space-b1095522.html

[pharmaboy3] 19/7/2023 16:42

This might have something to do with it?HTTps://twitter.com/CNBC/status/1681683621113896960?t=QLODcgIx2O7c0j_cPRFmxA&s=19

[gettingrichslow] 19/7/2023 15:18

Looks like the CEO sold too early - these are flying again!

[steeplejack] 15/6/2023 08:09

Birmingham, England-based aerospace firm - Chief Executive Officer Simon Peckham sells 2.0 million shares at average 524.52 pence, worth GBP10.5.Likely to cap share price strength seen over last few weeks.

[bmel] 13/6/2023 11:56

It is partly a re-rate to the statement about us being an aerospace engineer and not the the buy,improve,sell model.

[essentialinvestor] 07/6/2023 12:18

They are too cautious when sentiment is poor and the reverse at cycle peaks.

It's an old story but it goes on.

[gettingrichslow] 07/6/2023 12:15

How bold of them to raise it by 125p after over half of that is already in the price! I mean, what is the point of analysts that do things like that after the event??

[steeplejack] 07/6/2023 09:25

Barclays raises Melrose Industries price target to 575 (450) pence - 'overweight'

[yertiz] 17/5/2023 16:15

For DLS read DWL (of course!). Upwards and onwards!

[rettah] 17/5/2023 15:40

From the presentation:
- A progressive annual dividend to be paid
- Melrose is well placed to buy back 5% to 10% of its market capitalisation each year from 2024 onwards

[yertiz] 17/5/2023 14:45

Hi GRS, still alive and kicking. Sold out of BUR some years ago for a very healthy profit (as with TLW before they lost DRC rights). Ticking along now with SNR, AHT, DLS as my major holds and a few others making up the numbers. Now living the dream after the nightmare of 3 years ago! Hope you are all good, I'm expecting a great second half to 2023 once all those ducks are lined up!

[gettingrichslow] 17/5/2023 14:27

Are you still in BUR Yertiz? Some fireworks going on over there too!

[gettingrichslow] 17/5/2023 14:25

Yertiz, hope you’re well. I sold out of MRO at 205p just as the pandemic was breaking. Bought back in at 132p then added another £40k at 157p just before the recent restructuring. Could hardly be going better now. But they’re just doing what they do, transforming underperforming businesses and driving up margins etc etc. Now the pandemic is out of the way this will keep soaring upwards, I’ve little doubt about that.

[trier1] 17/5/2023 13:54

Todays rns upgrades 2025 significantly. I am a little surprised the rise is not higher. Maybe after the analysts have had theor briefing

[yertiz] 17/5/2023 13:36

I was literally at the point of adding a few thou to my ISA when the share price jumped 5.5%>. Something's afoot....

[gettingrichslow] 17/5/2023 13:15

Climbing relentless upwards, yet no comments on here whatsoever!

[rettah] 10/5/2023 07:51

Yes, very good and lots more to come.
This is a great sector to be in - Look at the Ryanair order for new planes yesterday.

[babbler] 10/5/2023 07:46

Two lovely wordsMaterially ahead.

[steeplejack] 29/4/2023 16:55

Trouble is,the primary impact of making capital gains more stringent will be felt by company employees who benefit from share options.Yet,UK governments seem pretty incapable of extrapolating the upshot of their taxation policies like Osborne ,for example,hiking housing stamp duty on high value properties some years back.Take a wander down Oxford Street now reveals a preponderance of shops selling confectionary and downmarket suitcases.The upmarket stores that depended upon tax free tourist shopping are barely hanging in.Yet of course such monetary considerations barely require much thought compared with the weighty gender issues with which the home nations seem to be obsessed.(As far as the demerger is concerned,i don't see how the ratio can be calculated on Melrose and Dowlais opening prices.The MMs simply 'test the water' at the opening bell).

[1justine] 24/4/2023 18:09

The discussion on the CGT base was interesting and helpful. It’s unfortunate that the notion of a Capital Gain for shareholders who came in with GKN is just a distant dream given the size of their loss at the current MRO/DWL value. The next present for ex GKN holders will be for the government to disallow the indefinite carry forward of Capital losses. Or will, after 5 years, the Sell promise in the Buy, Improve, Sell catchphrase be delivered by either or both of the companies?

[typo56] 22/4/2023 10:33

Believe it or not, in some ways CGT isn't quite so complicated as it used to be.Years ago we had taper rates, with gains on AIM shares being tapered at a higher rate than non AIM shares. You can imagine the complication when one of your holdings moved to or from AIM (was based on number of days held inside and outside of AIM).There used to be an program called FairShares which did a brilliant job of managing CGT and dealing with all the rules. Sadly it got acquired by Updata and was never the same again.Fortunately I guess for most private investors these days they hold shares within ISAs and SIPPs so CGT isn't really an issue.

[gargoyle2] 22/4/2023 09:51

From The Times yesterday "What of the new Melrose? Well, to judge by the market reaction, investors like a focused aerospace group making airframe and engine structures, with £3 billion sales and geared to the aviation recovery." I wonder if MRO might be a buyer of SNR's Aerostructures business at some point -- £270m of annual revenues. Possibly too small maybe. SNR is looking at the best time to put this back on the market.

[steeplejack] 22/4/2023 08:45

Capital gains in this country is a complicated nonsense.Rest assured,when the Labour Party get in,it will get worse.Brown introduced the revision to bed and breakfast rules a quarter of a century back to muddy the waters.Next we'll have capital gains at marginal income tax rates.Nowadays,if i forsee a complication arising from a demerger etc,i'll invariably sell a holding unless its in a SIPP or ISA wrapper simply to avoid having to keep copious notes on transactions.Accounting for overseas share transactions necessarily involves tedious FX calculations.Gold plated pensioned civil servants seem to luxuriate in the minutiae of the UK capital gains labyrinth......not that i want to hurt anyones feelings :)

[typo56] 22/4/2023 04:06

As perhTTps://www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg51976