Member Info for MaryBr190

Adding at these levels - anyone else?

Speculation over the weekend of an offer would be great

Hold on tight.

Traded this for the 440s to 490s and above £5 and have a nice cushion already to easy back in. Back to 430 440 450? or is 480 the low that refreshes?

That aside, Citi believes Melrose will be able to generate more than £500m free cash flow FCF (post interest/tax) in the mid-term, as significant cash drags fall away.

“We conclude that, even if you apply a discounted sector peer full year 2027 FCF yield (to account for higher risk), if Melrose produces ~£500m of FCF (post interest/tax) you arrive at a fair value more than £7/share.”

“That is 50% upside from current share price to our [700p] target price,” it adds.

https://www.proactiveinvestors.co.uk/companies/news/1054184/melrose-cash-flow-worth-50-upside-suggests-us-bank-citi-1054184.html

If this revisits 430s again fill your boots.

1st tranche readded

Add trim just keeps on giving before the big SP recovery in the next 3 months - using this time to trade the average down and approaching 360p AV already.

As an FCA for over 35+ years the RNS did not alarm in the slightest. For me it was a roll you eyes moment only.

DLG will become a cash cow again and will buy the dip at each break lower and scratching my head as to why announced rather than waiting until the results on 4th Sept.

Concluded that the results are going to be so good that they did not want the negative to focus on a non cash event so loading up at todays bargain price.

Perhaps too early at sub 184 but LT this is a core stock.

I liked this bit

"robust capital generation driven by operating earnings, one-off partnership benefits, and favourable market conditions."

Getting ready to rumble again.

GLA

Seem the oversold condition at 414 is alleviating nicely.

MCGamestop coming sooner than most think 🤑

OT

While waiting for Aiden, having great fun with LCID, worth a check ✔️

Christmas rally starts early and why not.

US deal imminent.

Interest rates falling.

Don't miss the bus.

DYOR

Https://www.londonstockexchange.com/news-article/OSB/transaction-in-own-shares/16632322

The directors who bought heavily obviously were aware of this so expect a pop up today as they are also aware of how well the business is performing to do this deal.

Follow the money 💰

Why the need to highlight this when it could have been buried in the results?

Did the bidder spot this befire the walkaway?

Of course it is all right now so buy any dip.

Correcting for the miscalculation, the solvency capital ratio (post-dividend) at year end 2023 was 188%, which was above the Group's risk appetite range of 140% to 180% (the previously reported solvency capital ratio was 197%). In the normal course of preparing for our half year results, the Group estimates its solvency capital ratio at 30 June 2024 to be around 200%1. This follows good capital generation in the first half from a combination of operating earnings, one-off benefits from partnerships, and market movements.

Fully steam ahead with the SP too today 📈

Isn't is strange that the company touted as a bust by many here 8 months ago is still getting on with business as usual. Generating income.

The short term funding issues are resolving.

🪄🔮🧙‍♂️

Https://www.londonstockexchange.com/news-article/PFC/petrofac-limited-petrofac-extends-forbearance-agreement/16632319

They only appear when the SP is going up.