The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I've always felt that Warren East's departure was a portent of circumstances that he wouldn't find palatable. Melrose have an excellent track record of restructuring and imposing radical management on their acquisitions. Sceptics maintained that GKN was too big a mouthful for MRO, but look what happened. Personally. I think MRO is a better fitting candidate than BA right now.
Look at the RR. market cap - that is your answer,
among other factors.
https://www.thisismoney.co.uk/money/markets/article-10653879/Shares-Rolls-Royce-spike-amid-rumours-possible-takeover-offer.html
I am surprised Melrose aren't being put in the frame as I could see great synergy between the two
Simon Peckham has been quoted recently suggesting that the 'plan' is to spin-out Aerospace and Automotive once the businesses are turned around
"Boss Simon Peckham said the company was not close to firing the starting gun on the spin-outs, but that it was ‘beginning to load the gun’."
Aerospace is expected to list in London whilst Automotive could be better suited to the US due to the number of listed car makers there.
I would think events in Ukraine have put that 'plan' firmly on the back burner for now.
The businesses will eventually be sold, if that's what you mean.
That's the basis of the Melrose model - Buy, Improve and Sell.
They have successfully executed this strategy since the days of Wassall PLc,
their previous investment vehicle - that first operated when I just in my
early 20's - a very long time ago!!.
However, there are huge current challenges - longer term looks a lot better, all imv
as always.
LOVE THE MADMONK ,GREAT NAME , HEAR WHAT YOUR SAYING , I PRESUME COMPANY WILL LIKE MANY CHANGE DIRECTION , THEY ARE VERY GOOD AT WHAT THEY DO .
THE WEST ,HAS,? IS? WAKING UP TO THE LIKES OF THE MAD MONK
HE NEEDS PUTTIN [GET IT ] ON ONE OF HIS ROCKETS ...[HAHA ].
Is that a serious question..?.
Their 2 major sectors, civil aerospace and auto
have been hit hard firstly due by covid, followed up with
chip shortages impacting auto production.
Now we are faced by sky high oil prices impacting airlines
and a wider cyclical slowdown, if not recession. as consumer disposable
incomes are increasingly squeezed by higher prices.
In a nutshell.
That being said, I like the longer term provided the mad monk
does not blow us all to kingdom come.
i might be talking my name but i was thinking why this share so low ,, its a player in component making , so why so low now .. ?
longer term risk.reward looks favourable,
on the proviso Putin does not launch chemical
or nuclear weapons .
It would be helpful if you provided reasons and supporting evidence for your view point. Especially given last weeks positive results followed by director dealing notification that four non-executive directors have bought additional shares.
Simply posting a one-line comment saying you think a particular stock SP will fall and then claiming credit if it does isn't analysis, neither is it credible.
99 pence is the next bottom .......
The risk here short term was that Putin might invade
which very unfortunately happened.
They know the company better than the market. I think I'll give Mr market a sidestep and believe in the company.
Good results - 1p dividend - really well run company - share price down below £1.40
What's not to like! Wouldn't surprise me to see this back in the £1.50s / £1.60s within weeks and, if Putin gets toppled or gives up, might see £1.70 / £1.80.
I sold some BT this morning to add here - and I couldn't be more bullish about BT - but I'm super bullish here and predict MRO will outperform BT in the coming weeks (although volatility will be higher I guess)
Yes, the share price fall says more about the city than it does the company. The results are good, over-delivery if anything, with the prospect of further improvements (and increasing value) going forward. But why invest in this when you can buy overvalued shares in businesses that lose money on small turnover while burning through cash - in the hope that one of them will be another amazon.
If you want one reason why the UK fails to earn enough to pay its way, and is becoming ever more reliant on selling swathes of the family silver to maintain its lifestyle, here is one laid bare.
Diassapointing market response.. Great company... I am down big time but hopefully patience pays.. One of the best run companies on the ftse
Sp down early doors, market was always going to be looking for news of a sale or acquisition. Results are strong and hopefully if wider factors improve we can see much better by end of year. A hold for me, but annoyed i got in higher and annoyed this has done nothing for four years.
All seem to have got a boost today, this should partly fall within that category but seemed to get overlooked, as did RR today.
Both should benefit from an increase in defence spending.
Interesting interview with Simon Peckham in the ST today, overall positive.
Any LTH have a feeling on what we can expect?
Good / Bad / Indifferent? What about prospects for a final dividend?
Thoughts
With respect thin you may have misjudged this,
the price at the time of your post looks a good one,
batting a Russian invasion of Ukraine.
Update from ASML on the 19th of Jan stated the impact would not be significant.
The machines are in such demand that customers are accepting the machines prior to their factory acceptance tests (FATS) This helps ASML to manufacture as quickly as possible.
The FATS are carried out on customer premises once delivered and installed. With no real competition ASML have lithography sewn up.
DUV=Deep ultraviolet lithography
EUV= Extreme ultraviolet lithography
"Also, as we reported earlier in January, we had a fire just after the new year inside a part of our factory in
Berlin. The fire was extinguished during the night and fortunately no persons were injured during this
incident. The fire occurred in a part of one production building on the site in Berlin and the smoke partly
impacted an adjacent building. We have been able to resume production in parts of these buildings already.
The other buildings on the site have not been affected and are fully operational. The manufacturing of DUV
components has been restarted. And although there was some disruption regarding components for DUV,
we expect to remediate this in such a way that it will not affect our output and revenue plan for DUV. As to
EUV, the fire affected part of the production area of the wafer clamp, which is a module in our EUV
systems. Based on our current insights, we believe we can manage the consequences of this fire without
significant impact on our EUV system output for 2022. All in all, while this was a very unfortunate event, we
are optimistic about the current situation and are very grateful for the enormous efforts and creativity of our
ASML Berlin staff."
From the 4th Jan ...... old news
The company that makes some of the machines that make the computer chips goes up in smoke...
htttps://www.newscientist.com/article/2303316-fire-at-vital-tech-factory-could-worsen-global-computer-chip-shortage/
142 buy