Hello Share Toggers. I was once lucky enough to have one of my struggling penny shares taken over by one of those companies that buy lame ducks and turn them into swans. I forget the details of this 25-year-old event now, but the new company made my share into a 25-bagger. A similar doctor firm is Melrose (MRO). It snaps up companies. It improves them. Then it flogs them on while looking for the next company to change into a skylark...
FTSE 100 listed Melrose Industries (MRO) is a specialist in buying and nurturing under-performing industrial businesses, with a view to invest, make operational improvements and then divest the asset for a profit. Its guideline time frame for this turnaround is 3-5 years, placing its own transactions firmly in the 'medium-term' investment category.









