Member Info for bob6

I am holding 12500 and looking for some more at the right price, looking forward to Thursday ex-dividend day, around 6.12 p paid on 26th September

so income investors you have up to close of business Wednesday / tomorrow to buy and get the dividend good luck

12th MARCH 25 I wrote S P dropped 25% over a week and was down 20% over 12 months.

12th APRIL 25 wrote the SP was dragged down by profit taking on results day and shorters and panic selling.

5th MARCH 25, the SP was 680 with a day's high of 707.20

6th MARCH 25 to 11th MARCH the SP dropped to 486.60

9th APRIL 25, THE SP was 385.90 with a low of 376,00 and from then on an upward climb to 541.40. on the 18th JULY 2025.

I think investors are worried this might happen again after results day, so it is possible that's why the SP has dropped and also the latest HOLD recommendation does not help, so how far does the SP have to fall before we see a BUY recommendation again?

Several factors influence the fair value of a stock, including:

Company Performance:

Melrose Industries experienced strong results in 2024, with double-digit revenue and operating profit growth, particularly in the engines division. However, supply chain issues and conservative guidance for 2025 have weighed on the share price.

SO have they overcome this problem , ?

Remember, the M-FOOL only has a 3-star rating on TrustPilot. So don't get carried away with their ratings. Yes MRO will do ok providing they can get the spare parts on time ,

Today, JPMorgan raises Schroders' price target to 373 (357) pence - 'neutral'

Also, Schroder's investment trust SDP reached its one-year high with a return of 14,36% re its quarter earnings results

Next declaration expected around 1st August last year, interim was 6.5 p. and went EX-DIVIDEND on 22 nd August, time to get in is now as I did 6.5 p is pretty good for a income share , good luck

PNN goes ex-dividend on 24 JULY 2025 (20 DAYS' TIME ), FINAL 19.43 pence per share paid on 4 SEPTEMBER 2025, very nice income provider, suggest jumping in before SP goes up.

KEPLER downgraded them to hold, the reason was not enough upside to justify a buy with a target price of 540.

Fani Titi, Group Chief Executive commented:

"We are pleased to report a strong performance in a volatile operating environment, with the Group generating a Return on Equity of 13.9%, in line with guidance provided in May 2024. Pre-provision adjusted operating profit grew 7.8% surpassing £1 billion for the first time in our history, demonstrating the underlying strength of our differentiated client franchises. We have maintained robust capital and liquidity levels, positioning us well to support our clients and drive sustainable growth.

The Group has successfully executed the strategy to simplify and focus the business as communicated at our capital markets day (CMD) in 2019. This resulted in a 200bps structural improvement in Group returns and created a strong foundation to power future growth.

We are scaling and leveraging our client franchises, allocating capital with discipline and investing in clearly defined growth initiatives to enhance our existing platforms. We expect to generate incremental returns of c.200bps over the next five years, resulting in a ROE around the upper end of the upgraded medium-term target range.

I would like to thank our colleagues for their dedication, our clients for partnering with us, and our shareholders for their continued support."

Key financial metrics £'millions

FY2025

FY2024

% change in £

% change in Rands

Cost to income

Adjusted Basic operating EPS* profit (pence)

ROE

Total DPS (pence)

TNAV per share (pence) 506.3 477.5 6.0% 5.1%

Revenue

2 190.5

2 085.2 5.0% 3.8%

CLR

38bps

28bps

920.0

884.5 4.0% 2.8%

79.1

78.1 1.3% 0.2%

72.8

105.3 (30.9%) (31.6%)

HEPS (pence)

72.6

72.9 (0.4%) (1.6%)

ROTE

16.2%

16.5%

36.5

34.5 5.8%

NAV per share (pence)

52.6%

53.8%

13.9%

14.6%

587.7

563.9 4.2% 3.3%

Totals and variances are presented in £’millions which may result in rounding differences. The Key financial metrics are defined on page 14. * The Basic EPS decrease reflects the impact of significant net gains from strategic actions executed in the prior year.

Adjusted EPS (pence)

All prior year numbers in the financial commentary of this document are presented on a pro-forma basis to provide information that is more comparable to the current year, as a result of previously disclosed strategic actions which completed in the first half of the prior financial year. The prior-year statutory results are presented on a continuing and discontinuing basis in line with the relevant accounting standards. Refer to pages 22 and 23 for the reconciliation between the statutory and pro-forma prior year income statement.

Group financial summary:

Pre-provision adjusted operating profit increased 7.8% to £1 039.2 million (FY2024: £963.6 million), as revenue grew 5.0% against operating cost growth of 2.8%, resulting in a positive jaws ratio.

Revenue was supported by client acquisition and ongoing entrenchment strategies, strong net inflows in discretionary and annuity funds under ma

Investec announced the sale of its UK and Channel Islands wealth and investment businesses to Rathbones in April 2023 for a substantial £839 million. This transaction not only provided Investec with a significant capital injection but also resulted in the group acquiring a 41% stake in Rathbones.

This move signals a deliberate shift in Investec’s geographic focus and a strategic partnership that could yield long-term benefits. Notably, the sale excluded Investec Bank (Switzerland) and Investec’s international wealth business, indicating a targeted approach to specific markets and service offerings.

The funds realised from the sale are expected to be deployed in strengthening its core businesses and pursuing strategic growth opportunities in its chosen markets, particularly in South Africa and other select international regions.

Short sellers begin by borrowing shares of a stock they believe will decrease in value from a broker or investment bank. They then immediately sell these borrowed shares on the open market.

Price Decline:

If the stock price does indeed fall as anticipated, the short seller can then purchase the shares back at the lower price.

Repurchasing and Profit:

By buying back the shares at a lower price than they initially sold them for, the short seller makes a profit. They then return the borrowed shares to the lender, pocketing the difference as profit.

Impact on Price:

The act of selling these borrowed shares can create downward pressure on the stock price, especially if many short sellers are engaging in this practice at the same time. This increased selling pressure can contribute to a further decline in the stock's price.

Short Squeezes:

While short selling can push prices down, a "short squeeze" can occur when a stock price starts to rise, forcing short sellers to cover their positions by buying back shares, which can accelerate the price increase.

ME BOB, what I am trying to find out is , can a SP be lowered by large amount of small sells? Say somebody sells ten lots of shares in consisting of 2 to 3 shares, around 4 pm, will this push the price down reason I state this is that I have often seen several small amounts of shares sold and wandered why would anybody want to sell 1 or 2 shares at a time, if by selling small amounts of shares can alter the price then something needs to be done to stop this happening if what i stated is correct so to sum up. THE QUESTION IS , IF THERE ARE MANY SMALL SELLERS, SELLING SMALL AMOUNTS OF SHARES SAY IN THE LAST HOUR OF TRADING ? WILL THIS PRATICE CAUSE THE SHARE PRICE TO FALL .???

I am still trying to determine how these shorte's drive the price down. What I know is that they borrow shares and are charged interest on them by the lenders. Then they sell the shares on a platform and repurchase them when the price has dropped, and pocket the difference between the sell price and the buy price so they need to see the price drop considerably to make money so, how do they manipulate the SP and is it legal can someone explain many thanks bob 6

Yes, a bit puzzled why the SP is dropping, it has an analyst consensus price of £657.28, that's 29% above yesterday's closing price, PE 6.21

and an EPS £0.78 in the next financial year

I forgot that last year's final ex-div was 22 August, and on 21 August, SP was 586. That's plus 76.5 p on todays price even if it goes up 50 p I will be very happy good luck

I bought in today as the next ex-div day is August 14th, final 20p and a chance for SP to improve by then, which it will, I recommend as a buy, so I did

Yes, Mercian, I totally agree with what you stated. Let's hope Peter Dilnot gets his figures and planning correct. SO COME ON PETER. We, the investors, have great confidence in you and your colleagues to get it right. Good luck to all.

Https://uk.finance.yahoo.com/news/could-overlooked-ftse-100-stock-130700046.html

MY VIEWS YES QUITE EASILY, I ESTIMATE BY 2029 SP AROUND £8 OR MORE GOOD LUCK

SHARE PRICES, JUNE 2020 SP 276.42-- JUNE 2021 SP 364.55-- JUNE 2022 SP270.94-- JUNE 2023 SP 508.80-- JUNE 2024 SP 600.60 --JUNE 2025 SP 498.00

So on March 5th 2025, somebody started the panic /profit taking selling, and the SP that was 707.20 at its high slumped to 385.90 by 9th April 2025 and has been climbing back ever since, with its ups and downs. Mind you, Mr Orange Face has not helped. This slump in the SP that started on 5th March 2025, in my mind, and possibly several others, was totally unjustified., Looking at the figures, it was caused by panic selling by investors getting out with their hefty profits while the going was good. Anybody with any common sense can see that Melrose is a well-run company with a great future for them and for us, the investors.

Melrose Industries slammed by profit taking despite strong results

Published: 08:04 06 Mar 2025 GMT

Melrose Industries PLC -

Melrose Industries PLC (LSE:MRO, OTC:MLSPF) shares fell 8% to 624.8p on Thursday morning as profit taking hit the aerospace parts manufacturer as it reported profits for 2024 at the top end of expectations and predicted a "step change" in cash generation in the years ahead.

Revenue came in at £3.5 billion last year, up 11%, with operating profits up 42% to £540 million.

Management confirmed guidance for 2025 of £700 million adjusted operating profit, amid the completion of restructuring and free cash flow to increasing to at least £100 million.

New five-year targets were also launched, for high single digit revenue growth to around £5 billion, adjusted operating profit of £1.2 billion-plus and free cash flow to mushroom to £600 million.

"With structural demand from record order backlogs and increasing aftermarket requirements set to continue, we are well placed to deliver further profitable growth and a step change in cash generation in the years ahead," the company said.

During the year, the company completed its £500 million share buyback programme, and began a further £250 million share buyback programme that is due to complete in March 2026.

Leverage is to remain under 2X providing optionality "including potential future share buybacks".

The shares had been strong into results, up 50% over the past six months.

The plane crash you're referring to is likely the Staines Air Disaster, where British European Airways Flight 548, a Hawker Siddeley Trident, crashed near Staines, England, on June 18, 1972. It stalled shortly after takeoff from London Heathrow and crashed, killing all 118 people on board. The crash occurred after the aircraft had just emerged from fog.