Member Info for JohnLewis79

Aggressive expansion into Emerging mrkts, increased payouts to shareholders which has impacted cash flows are the main reasons for the high level of debt. A slowdown in Alcohol consumption in the US is not helping. And Diageo borrowed heavily to expand into S.America which has yet to pay off, hence recent sales of the Bangalore Chargers Cricket franchise.

Off a recent 10 yr low you still have to believe that new CEO Dave Lewis can halt the slump in the shares and revenue. Not a given by any means though there has been signs of life in the shares. Expect further disposals in due course to reduce the debt mountain which is bleeding cash. That must be priority no 1 and might involve 'discussions' over Guinness the jewel in Diageo's crown. I doubt Lewis would have the 'bottle' to offload such a world mega brand.

Nice move in Avingtrans this past month! Good pick 0xo123! As per usual I was sucking my thumb watching the sp disappear into the distance instead of buying!

Not too late to get on board but as per..... finances this month are low having added elsewhere.

MSi trucking along nicely though at a slower pace as profit takers are absorbed. I'm always pleased to see short termers take their profits and move on! Here's hoping at the annual results (4 weeks away) Mr Bell will have secured more contracts and have news on disposals of Petrol Stations etc....Starting 2026/7 with c. £50m+ cash in the kitty will confirm MSi as a company going places (despite the Aim drawbacks) as many Funds cannot invest in small cap Aim companies which is understandable. News of analysts visits to Norwich would be appreciated.

Imo still overdue a re-rate. Given our excellent fundamentals the valuation of sub £300m is more akin to a struggling stock than a defence counter with profitable operations on both sides of the Atlantic. That totally belies a sleepy company based in South Yorkshire that has strong long-term connections with the US Navy, Army and recent contract wins from the German Navy reinforces the "big little Co" punching above its weight.

Hard to believe MSi is still independent. Lets hope we can stay out of the clutches of US raiders who rarely pay top dollar.

Morning all.

Sell volumes outpacing buys by c.2:1. Means sfa but a guide to current sentiment which tbh has been obvious for sometime.

I'm in for more. Thank you Mr Mrkt. Has to be one of the best buys atm for any investor.

The moving of the deck chairs on the SS Starmer

has now become an embarrassment. No longer a nightmare on Elm Street more the place next door!

While all the usual 'second' raters jockey for positions the country rightly carries on regardless. We shall keep calm knowing full well the rabble who have lost their heads will chicken out and scurry back to their constituencies tails between legs as polls indicate the red tide sinking into the Dover sands.

Chaos and a Govt imploding is now more a 'Billy Smarts' Circus of juggling acts than a credible opposition that warrants anything more than a cursory glance. Such is the despair of the electorate is it any wonder no'one believes the nonsense spewed out by a Labour Party more interested in getting Blandelson & assorted unworthies as the next PMs.

We now turn to the 'populist' Nigel Farage for a radical new vision for Britain. He has many 'undecideds' already signed on hoping Reform can take us out of the current political shambles. Shouldn't be too hard given Starmers proficiency to screw things up for Farage to have a clear run in to the winning line.

Farage has scared off potential challengers. The long run in to the next election which will work in his favour as the likes of Streeting, Rayner and 'hoovered in' Burnham will inevitably fall by the wayside.

If anyone thinks a twice failed Andy Burnham for political office has any chance of running this country.....well think again. And therein lies the problem. He might. I guess if you can run a small council in a small city that qualifies you for running the country.

Of course he would then have to win Makerfield a no means feat as an MP before he waltzes into No 10 and there are many minefields ahead one of which is Reform won 40%+ of the vote in Makerfield at the recent council elections and Starmer is in mo mood to pave the way for Burnham.

Since 'the one and only' ran this country we have been badly mismanaged by second raters and chancers wishing for closer ties with a failing Europe. We are long overdue a new vision. You decide if Labour, Reform or the Tories et al can provide the answer we need. I know where I will cast my vote and it won't be for those who turn a blind eye to the threat from across the Channel.

Jet2.

If you look at the list of top performing Aim shares this year I'd wager most of us have never heard of many of them (Big, KP2, Sigma, Thor & Avingtrans) to name a few. I note one of my losers is on the winners list having fallen c.33% ytd!

I doubt many return any capital invested let alone pay a dividend, two basic requirements as far as im concerned even among the minnows. Ok I get one invests in these blue sky hopefuls for capital appreciation and not income so you take on an extra level of risk foregoing safety.

With 6 weeks before the next trading (H/Y) update we hope Mr Bell will report in the confident mood of last year when he said the company prospects were as good as he could remember.

Given previous comments (revenue recognition) nos on a par with l/yr would be ok by me though I'd like to hear of new contracts for both land & sea businesses of which the German Navy are a recent customer for our MK 38 MOD 430 frigate guns also supplied to the US Navy.

Cash for the non defence businesses would be a nice bonus into 2027. Morning all.

Always a good bet to diversify or spread your risk...as most text books advise. Only problem is i usually diworsify instead of diversify!

Diversify

.

Another good week for MSi holders the shares gaining 140p closing at 1750/1780 for a ytd gain of c.22% against Aim's 6% and the Ftse All Share 3%.

Investors banking on the Co announcing the sale of the petrol stations etc...might be disappointed as Mr Bell is not noted for selling assets on the cheap. The company supplies gun systems to the US Navy on a sole source basis and has won the Canadian destroyer programme (15 ships) for counter drone systems with another award in Norway. For any newcomer to replicate would take years and be extremely expensive.

Even MSi non core businesses generate c.£30m in annual revenue and c.£2m in operating profits. The potential is considerable given their 'sector' dominance.

MSi has built a wide moat and is probably one of the most mis-priced defense companies in Europe and has lasting advantages particularly of company longevity, making it very risky and very expensive to switch to a competitor. Obvious examples of brand loyalty would be Coca Cola & Apple. Not sure Terrahawk Paladin are comparable but as protectors against evil i want them on my team. I continue to add.

Morning all.

BAE Systems said it has had a strong start to the year as countries ramp up military spending amid global turbulence. Sales are expected to rise by c.9% and earnings by 11% to £3•3bn.

Shares fell 97p to 1992p on the news. Nevertheless momentum remains strong with management noting increased defence spending and remains on track to meet growth targets along with other defence companies since Russia's full scale invasion of Ukraine in 2022.

MSi followed the trend up 23 to 1768 in early dealings.

Over 50 trades in the first 15 mins, most unusual!

Morning pharmhall, you still have a good chunk of MSi in cash terms ex any profits banked. Although I was buying MSi a lot lower i haven't been adding since through lack of funds. I intend to hold MSi for the foreseeable in hopes £20 can be achieved by the H/Y nos and some of the timing issues with defense orders are booked this half.

Hopefully Forgings, Petrol Stations etc.. are sold off netting c.£20m+ swelling our bank balance.

I think I mentioned before MSi is my last throw of the dice (so to speak) having chanced my arm too many times over the years I'd like to finish my days on a profitable note! FOMO on future sp appreciation is keeping me here.

Fatal i know but I have a fair bit of leeway should MSi fail to win new defence business which given the long lead times of contracts seems unlikely. Becoming a pure defense business has its drawbacks, so the company must be sure of a strong pipeline of orders coming through in the next few years to keep afloat. I expect the "big little" debt free company to continue to exceed my expectations.

Morning all.

Some chunky buys went through the ticker yesterday at 1740 & 1750p. Is this a hangover from those 2 long articles on Substack or Shore Capital promoting the Company to new investors?

No doubt there has been a considerable resurgence of interest in MSi since April. This leaves me scratching my head in bemusment given little of note has changed. I guess its not to question why...... more why not?

Morning all.

Shares hit 1750 high earlier up from Fridays close of 1610. Can't quite fathom the renewed interest in the shares given Bell's previous comments! We will soon find out if the mrkt is ahead of the board. I kinda doubt it but i've been wrong about MSi despite being an early adopter and supporter.

Late June will see the H1(2026) nos reported where last years eps of 38p will be in focus.

Morning all.

Morning Roger. I thought the write up by Joanne Hart (Investment Editor) was researched and balanced given the limited space available. You might be referring to the other chap (tipster for the Daily Mail?) whose name escapes me.

Anyway as they say........... better to have some good news than no news at all. Last year in May the shares gained 160 closing at 1130 a then all-time high. MSi ended the year at 1454 for a 60% gain (Aim up 7%) and the All Share (up 21%).

Morning all.

MSi tipped in today's Sun Mail....

MSi Ytd numbers and global stock market data (Jan 1 to present).

MSi

1YR Range

980 -1740

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P/E 19

Yld 1•5%

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5D +3%

30D +29%

90D +26%

YTD +12%

1YR +60%

-------

Aim +4%

250 u/c

100 +4%

All +4%

-------

DJ +3%

SP +6%

NS +10%

R2 +14%

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TK +18%

HK +1%

SH +4%

SHZ +10%

SK +57%

TWN +34%

ASX u/c

------

Oil +79%

Gold +7%

Palm +15%

Cop +5%

Slv +7%

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Coming to the end of April MSi shares have performed strongly particularly from Easter lows of 1260. At Easter Monday last year the shares traded at 870p. A note from Shore Capital on April 17th may have been the catalyst for new investor interest in the company as trade volumes have increased considerably boosting the share price.

Whatever your viewpoint interest in the Defence businesses (land & sea) on very little news from the company has been the driver of the stock this year. New investors are joining as the company by Mr Bell's admission on the F/Y nos report on Jan 9th said " i believe the medium to long-term prospects are better than at any time in the companies history." Seems investors agreed the sp rising 60 to close at 1560p on results day.

Inevitably a bout of profit taking took the shine off the stock the shares falling c.80p through February hitting an intra-day low of 1180 before the upsurge through late March and April to current all-time high of 1650. Morning all.

MSi s/p

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5 Day +7%

30 Day +29%

90 Day +26%

1 Yr +66%

Ytd +15%

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Ftse +3%

250 -1%

Aim +3%

A/S +2%

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