Melrose Industries

Melrose Industries consists of four divisions: the Air Management division, which includes the Heating, Ventilation & Air Conditioning business, which manufactures and sells split-system and packaged air conditioners and Air Quality & Home Solutions businesses, which is a manufacturer of ventilation products; the Security & Smart Technology division, comprising the Security & Control, Core Brands and Access Systems businesses; the Ergonomics division, which includes the Ergotron business, a manufacturer and distributor of products designed with ergonomic features; and the Energy division, which includes the Brush businesses that supply energy industrial products to the global market.
  • TickerMRO
  • ISINGB00BZ1G4322
  • ExchangeLondon Stock Exchange
  • SectorConstruction & Materials
  • CountryUnited Kingdom

Analysts

Thanks to a better fundamental star rating, MELROSE INDUSTRIES LTD. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to MELROSE INDUSTRIES LTD. (GB), active in the Industrial Machinery industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date June 28, 2019, the closing price was GBp 180.85 and its expected value was estimated at GBp 177.43.

Expert Corporate Governance Service (ECGS)

Melrose Industries - AGM 09 May 2019

Item 2: Approve the Remuneration Report The structure is unacceptable given the lack of a cap on the LTIP.  The main concerns are with alignment given that 80% of the bonus is determined by EPS and the LTI is 100% determined by share price.  Both of these metrics are not considered appropriate as they can potentially be influenced by executives.  We are further concerned with the Company's disclosure as they did not provide an expected value for the LTI award made during the year.  We recommend shareholders oppose.  Item 8: To re-elect as a director, Justin Dowley  He has been serving on th...

Valérie GASTALDY

Short term view - MELROSE : The background trend is clearly bearish.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 193.10 p. The next target is at 156.41 p, then 150.42 p. Passing 201.70 p would question the continuation of the fall.

Valérie GASTALDY

Analyse court terme - MELROSE : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 193,10 p prochainement. Le prochain objectif est à 156,41 p, puis 150,42 p. Le franchissement de 201,70 p remettrait en cause la suite de la baisse.

Valérie GASTALDY

Analyse court terme - MELROSE : Les prix baissent.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 156,41 p. La tendance de fond serait remise en cause en cas de franchissement de 201,70 p.

1 director maiden bought

A director at Melrose Industries maiden bought 36,000 shares at 197p and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names ...

Thanks to a better fundamental star rating, MELROSE INDUSTRIES LTD. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to MELROSE INDUSTRIES LTD. (GB), active in the Industrial Machinery industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date June 28, 2019, the closing price was GBp 180.85 and its expected value was estimated at GBp 177.43.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Melrose Industries - AGM 09 May 2019

Item 2: Approve the Remuneration Report The structure is unacceptable given the lack of a cap on the LTIP.  The main concerns are with alignment given that 80% of the bonus is determined by EPS and the LTI is 100% determined by share price.  Both of these metrics are not considered appropriate as they can potentially be influenced by executives.  We are further concerned with the Company's disclosure as they did not provide an expected value for the LTI award made during the year.  We recommend shareholders oppose.  Item 8: To re-elect as a director, Justin Dowley  He has been serving on th...

Valérie GASTALDY

Short term view - MELROSE : The background trend is clearly bearish.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 193.10 p. The next target is at 156.41 p, then 150.42 p. Passing 201.70 p would question the continuation of the fall.

Valérie GASTALDY

Analyse court terme - MELROSE : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 193,10 p prochainement. Le prochain objectif est à 156,41 p, puis 150,42 p. Le franchissement de 201,70 p remettrait en cause la suite de la baisse.

Valérie GASTALDY

Analyse court terme - MELROSE : Les prix baissent.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 156,41 p. La tendance de fond serait remise en cause en cas de franchissement de 201,70 p.

Valérie GASTALDY

Short term view - MELROSE : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at 156.41 p. The background trend would be questioned should prices rise above 201.70 p.

Valérie GASTALDY

Medium term view - MELROSE : Falling prices.

The trend is uncertain. Prices are falling and they may accelerate to the downside. A new bearish trend is attempting to emerge.

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