Share Name Share Symbol Market Type Share ISIN Share Description
Melrose Industries Plc LSE:MRO London Ordinary Share GB00BNR5MZ78 ORDS 160/21P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.15 -0.1% 148.05 192,414 08:49:21
Bid Price Offer Price High Price Low Price Open Price
147.95 148.10 148.80 147.35 147.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 6,883.00 -618.00 17.70 8.4 6,473
Last Trade Time Trade Type Trade Size Trade Price Currency
08:51:50 O 19 148.028 GBX

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Date Time Title Posts
20/1/202311:02Melrose PLC with Charts and News12,137
28/5/202015:03Melrose - only company related97
15/4/201820:13Melrose Industries48
15/2/201709:06rights issue28

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Posted at 07/2/2023 08:20 by Melrose Industries Daily Update
Melrose Industries Plc is listed in the Industrial Engineering sector of the London Stock Exchange with ticker MRO. The last closing price for Melrose Industries was 148.20p.
Melrose Industries Plc has a 4 week average price of 141p and a 12 week average price of 123.30p.
The 1 year high share price is 169.25p while the 1 year low share price is currently 94.84p.
There are currently 4,372,429,473 shares in issue and the average daily traded volume is 8,912,324 shares. The market capitalisation of Melrose Industries Plc is £6,473,381,834.78.
Posted at 19/1/2023 08:09 by netcurtains
Yep the Trading update sounds good and later presentations

Posted at 15/9/2022 13:25 by 1justine
So is that it? The hot shots at MRO put out a poorly received Statement that craters the share price and there has been no follow up communication through the press or other media to a shareholder base that has been incredibly loyal in recent years. Management and the Board, perhaps because of the wealth many of them have accumulated from MRO in years gone by, seem too complacent by half. Time for changes. Step up Institutional shareholders!
Posted at 08/9/2022 15:16 by manouk2
I take rather a different view to today's posters. We were told a long while ago that MRO would be looking to dispose of the automotive and aviation divisions of the old GKN in accordance with their strategy of buy, improve and sell.
The current investment environment is hardly conducive to securing a trade sale of the automotive division--a world wide recession looming, and the difficulties experienced by the motor industry in securing the semi-conductors needed, and logistical issues over supplies of parts, leading to reduced automotive sales worldwide. But in the past MRO has secured good prices from their trade sales of former subsidiaries, and returned cash proceeds to shareholders. Perhaps the market is disappointed that this won't materialise with a listing of the motor division, which is in any case most likely to be in a far healthier state than what it was when inherited.

I have been a long term fan of this management team whom I first came across at Wassall nearly 30 years ago. They have performed in spades, and deserve the wealth they have created for themselves and other shareholders. We just need patience and a fairer economic wind to secure the outcomes we all want.

Posted at 08/9/2022 09:25 by 1justine
With the dismal MRO share price performance since the GKN acquisition the issue is less about what the Directors are worth in pay than whether they should keep their jobs at all. I'm sure the heavyweight non Execs will be considering this as a matter of urgency (not).
Posted at 29/3/2022 16:09 by darrin1471
RR. Pay per air mile or any other service model would have been equally hard hit by covid as less flying = less servicing. These once in a lifetime events happen quite often in aviation. Financial crash, volcanoes, engine flaw and covid.
RR has a decade of visible service revenue on existing built engines which will return as flights resume. Having defense and industrial divisions helps RR survive the stormy waters. Good for the employees if not shareholders.
From memory there were activist investors calling for a shake up 4-5 years ago when RR had Trent 1000 design issues. They saw more value even when the share price was £10+(pre dilution)
As the government has a golden share there would be few buyers for RR. Backers may be willing to bankroll a MRO purchase if they see MRO management being able to realise the value in RR. Post brexit the government may be open to a big UK industrial conglomerate like GE or Siemens.
Again I am not sure, but from memory GKN was a much bigger fish than MRO when they launched a hostile takeover.
Holding both MRO and RR, I am inclined to move more from MRO to RR.

Posted at 28/3/2022 19:50 by essentialinvestor
Would need to pay a minimum of £12-14 bn to get hold of RR, with debt on top,
Melrose not in that league, particularly with the MRO share price near current levels.

Posted at 28/3/2022 11:15 by darrin1471
RR share price jumped near the close of business on Friday by 20% without any obvious story. 100m shares traded in last half hour. Speculation was that BAE may be interested.
What about MRO?
Too big to swallow? MRO £5.5b mkt cap. RR £8.4b
GKN debt repaid
"Ahead of plan, the opening net debt(1) of GBP3.4 billion at the GKN acquisition has been fully repaid in less than four years"
UK government RR golden share reduces the number of possible bidders.
I hold MRO and RR.

Posted at 09/3/2022 16:42 by essentialinvestor
Darrin, good fortune, sounds like you are very clear on a trading plan.

Reduced MRO today but can't make a definite call on either market levels or individual share prices, just try to add a few of what I like on down days.

A good deal of bad news already in the MRO price it's fair to say, but would doubt
increased volatility is over.

Posted at 01/6/2021 11:26 by essentialinvestor
Possibility they may bid for Senior?, this is speculation on my part
and I hold both.

It may add to the usual MRO share price volatility.

Posted at 20/4/2021 12:48 by essentialinvestor
That's incorrect, on two fronts - well dependent how you define lots of debt post disposal funds.

1.78 my highest recent sell prices, I've now added 80% of those back.
Missed the 1.81 plus yesterday morning unfortunately.

MRO share price fiercely volatile atm with the pandemic backdrop and their sector exposure.
Even pre pandemic it was usually a stock that got clobbered on risk off sentiment.

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