Melrose Industries Posts Higher Profit, Lifts Dividend - Melrose Industries (OTC:MLSPF)

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

Melrose Industries PLC (OTC: MLSPF) reported a gain in its full year pretax profit and lifted its total dividend.Melrose's headline pretax profit for the period climbed to 226.1 million pounds ($379.96 million), versus GBP117.9 million, in the year-earlier period. Its pretax profit jumped to GBP171.1 million from GBP6.3 million previously, while revenue climbed to GBP1.73 billion from GBP1.05 billion. Melrose's diluted earnings per share from continuing operations came in at 9.3 pence, from a year-ago loss per share of 0.9 pence.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!