Member Info for Ammu123

Nah I bet misses Jan been mixing some stuff in your coffee.
86 dollar now lol....
I need some of that stuff Jan!!

Genel sp has held well but for how long?

Ffs jan have you seen the price of oil ? 2021 to get to 60p?
What you’ve been smoking ?

The business is well run. In early March the industrials group announced full-year revenues rose 34% to £ 11.6bn. Operating profits rose 35.5% to £ 1.1bn. So, assuming COVID-19 doesn’t close down the business for too long, it should come out the other end of this stronger. Especially if it means competitors go out of business, which is highly likely.

Expect 1++ Monday

https://www.google.com/amp/s/uk.finance.yahoo.com/amphtml/news/ftse-100-shares-down-over-091743577.html

Shares in Melrose Industries (LSE: MRO) have fallen over 66% in just this year so far. This follows a strong performance in 2019 and into the beginning of this year. The economic slowdown has changed everything.

The industrial turnaround specialist, which acquired listed company GKN for £8bn in a hostile takeover, has been hit hard for a number of reasons.

It faces challenges because GKN is a major aerospace supplier, an industry that has been hit hard by the global pandemic.

The deal has also massively increased Melrose’s debt to £3.3bn. High debts are now something investors are wary of at a time when revenues will be lower. This largely explains the share price fall, along with the fact the group has major aerospace customers.

let’s see next week.

Genel is not a North Sea producer hence wti is more relevant for Genel....

Boeing — Shares of the aerospace company jumped more than 12% after Boeing said it would resume commercial aircraft production at its Seattle-area plant as early as Monday, with social distancing policies in place.

You also need to remember GKN also provide critical components for f35 and typhoon which I doubt is massively impacted in terms of orders etc...

Why no impact on wti?
It’s collapsing to 17s at on point before recovering a bit to 18’s now.
How long will this covid 19 last ffs...

Tbh there is not a lot Bobby could do in the current situation. Even centrica is struggling big time. The market is tough with tight margins on top of that covid 19 with has impacted business massively.
I thought this company was doing the right things until covid 19 ****ed it....
needs clarity on impact of revenues and margins before this moves again. Until then 50-60 range imo

17s now.
Genel should be in the 50’s....

Bodes well for next week.
Can we beat 105 this time?

BREAKING: Boeing to restart commercial airplane production in Washington state starting next week.

MMS playing with sp again lol

8 ****ing billion.
So current mcap half of gkn acquisition value and no value attached to any of the assets.
This will be over 220 in 12 months time.

What was the cost of GKN acquisition ?

it can move really fast.
massively undervalued this share.

And Germany is back to work which helps the automotive business.

Donald Trump to announce guidelines on reopening US economy

GERMANY TO START REOPENING ECONOMY ON MONDAY APRIL 20TH -CHANCELLOR ANGELA MERKEL