pike fisherman
06 Apr 2018
Re: Swash sells If I said white is white you would agree.Sale of shares could be to pay tax, school fees, etc.
Lupo di mare
06 Apr 2018
Re: Swash sells Hahaha, right on cue, Pike Just missed the abuse (no, joke really) from RAC
pike fisherman
05 Apr 2018
Re: Swash sells Oh God, disaster.Swash only has 143,000 GKN shares left!!!!!
Lupo di mare
05 Apr 2018
Swash sells LONDON (Alliance News) - GKN PLC said that its Chief Executive of GKN Automotive Phil Swash sold shares in FTSE 100 listed engineering company in a transaction on Thursday.Swash disposed 5,000 shares at a price of 429.60 pence each, worth GBP21,480."There's a vote of confidence in MRO.
pike fisherman
05 Apr 2018
Re: Today You are purposely misunderstanding me. Barclays was running big shorts in Melrose and GKN using derivatives.
Lupo di mare
05 Apr 2018
Re: Today While we're pointing out the ble eding obvious, Pike, here's one for you."We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero."Ever considered just how much 0.5% of barclays would be compared to whatever it was in MRO?
pike fisherman
05 Apr 2018
Re: Today Looking forward to your reply.
pike fisherman
05 Apr 2018
Re: Today No, just pointing out what the site says. In fact there was lots of shorting through derivatives of both Melrose and GKN but the shorting site shows nothing for GKN at all and none for Barclays!!!Not to suit me. The facts.
Lupo di mare
05 Apr 2018
Re: Today Pike - "Lupo, I’m interested as to how exactly you think the acquisition of GKN will destroy Melrose."What, again?! Oh, ok, but wait until after I've sold tomorrow, would you, lol.
Lupo di mare
05 Apr 2018
Re: Today I see, so it's only to be relied upon if it suits the reader. Got it.
pike fisherman
04 Apr 2018
Re: Today Shorttracker.com disclaimerNotice: The Short Interest Tracker is based on data sourced wholly from the FCA's daily short positions report. The information on this website is provided for information only. We don't provide any warranty as to the accuracy of the information on this site and it should not be relied upon in any way.
pike fisherman
04 Apr 2018
Re: Today Lupo, I’m interested as to how exactly you think the acquisition of GKN will destroy Melrose.
Lupo di mare
04 Apr 2018
Re: Today Their SPs have been tracking each other for some time for obvious reasons.MRO being shorted again.Maybe "no news to suggest anything else", but I stick with my reckoning from earlier today. Without wishing to be seen as winding-up anyone, my prediction is that this hostile bid will see the destruction of GKN, and the consequent self-destruction of MRO. Only time will tell.Moody'sLONDON (Alliance News) - Moody's Investors Service on Wednesday put the Baa3 senior unsecured debt and programme ratings for GKN PLC under review for a potential downgrade.Shares in the FTSE 100-listed engineering firm were down 2.8% at 433.70 pence on Wednesday.The ratings agency's review for downgrade stems from the accepted takeover bid for GKN by FTSE 250-listed turnaround specialist Melrose Industries PLC, which though still subject to certain regulatory and antitrust approvals is expected to become unconditional by April 19.The review will focus on the impact of Melrose as GKN's future shareholder, which will be dependent on the final acceptance level of the bid, the proposed refinancing of GKN's debt by Melrose, as well as the the FTSE 100-listed firm's future business profile.In particular, the review will look at the percentage of shareholding that Melrose will hold in GKN, and the execution of the refinancing of financial debt.Moody's did note that due to the weak positioning of the rating, an upgrade of GKN is unlikely, however it would consider an upgrade to Baa2 if there is clear visibility that GKN could improve its credit strength."Our review for downgrade stems from the takeover bid of Melrose, which has now been accepted by the majority of GKN's shareholders, and the related uncertainties about GKN's future shareholding structure, capital structure and business profile. GKN's rating is already weakly positioned on a standalone basis. Our review will focus on the impact of Melrose as GKN's future main shareholder, which will depend on the final acceptance level of the bid, the proposed refinancing measures of GKN's debt by Melrose, and GKN's future business profile," said Senior Credit Officer Matthias Heck.
pike fisherman
04 Apr 2018
Re: Today As I said, unwinding of positions in both Melrose and GKN. Now the deal is over there is nothing to play for.But note Goldman and Deutsche Bank both increasing.Drop in FTSE250 affects both Melrose and GKN as they are essentially one company now in the 250.No news to suggest anything else.
Lupo di mare
04 Apr 2018
Re: Today Nice that someone actually read my post.Anybody know why MRO's sp is falling? Not convinced that it's a result of the US/China spat.
