Member Info for JohnLewis79

Shares gained 10 on results week which given the f/y nos reported was disappointing especially the delay in registering the Vshorad drone system. This got the week off to a rocky start. However no point in complaining it is what it was.....

Trading volume was just short of 145,000 on the week, sells outpacing buys on 151 deals (see below). This was flattered by (2) out of the ordinary trades of 23,000 & 17,000 at 615p & 620p just 5 days before the results. Both of which were sells.....hmmm?

Wk 25

-----

MSi 620

Ytd -5%

T/vol 144,500

Buys 66,300

Sells 78,200

Trds 151

Sells 77

Buys 74

Sells 54%

Av trd 957

Av £ 5640

Morning all.

Wall St turned in a laclustre performance stocks ending the session mixed to slightly lower.

Negative cues from global mrkts overnight saw a surprise •5% BOE rate increase the headline rate (8•7%) and core rate (7•1%). Other hikes included Norges Bank (3•25%) and the Swiss National Bank at (1•75%).

Tech got a momentum boost from AMZN, AAPL & MSOFT. Apple maintains its position as the most valuable global Co ($2•9tn) followed by Microsoft ($2•5tn) Google at no 4 ($1•6tn) and Amazon ($1•3tn) in 5th place.

BOEING ($207) topped the losers board slipping 3% along with JPMC ($140) & IBM ($131). Of the 11 S&P sectors 6 ended down as fallers outpaced risers by 2•7:1 on a below average 9•6bn trades.

DJ -5 (33,947)

SP +16 (4382)

NS +175 (15,042)

R2 -12 (1186)

WTI $69

10ytb 3•782%

MSCI(W) -12 (2928)

Gold Bugs n/c (232)

Latest:- Vix 13. Brent $74.

Gold $1917. Copper $3•863.

Palm $900. Silver $22•165.

$1•271. €1•162.

FF-17. DF-132.

Morning all.

A very hectic results day which started off on the wrong foot as sellers swamped buyers during the first hour of trading. Things quietened down as investors realised day traders had traded out and normal activity could resume.

At one time I thought we we're headed for a 100,000 volume day but by late afternoon that proved very optimistic. Nevertheless c.60,000 trades went through the ticker on 71 bargains dealt considerably above average with buys out pacing sells by c.2:1.

Shares managed to climb past 600 ending at 595-630 a pretty good result imo after hitting a days low of 550p. Where we go from here is anyone's guess including the Company's Broker who doesn't seem to know where MSi is domiciled. If they ring me I can point them in the right direction! It's ooop North ffs!

Despite the Vhorsad contract hic-up i look forward to a stonking H1 in early December and the shares nearer 900 than current given further US Navy Gun contracts.

Evening all.

I try and stay away from the 'what ifs' of investing and by that I mean 'what if an order gets cancelled or the sun don't shine tomorrow'....blah blah... you get what I mean?

Utterly pointless making decisions if you for a minute think like that and I know people who do. I base my decisions on easy to evaluate metrics. One, are eps increasing over time and two is roce going up? If you think thats the case, why take an opposing view?

Everything else is out of my hands so why bloody worry if the mrkt takes a diff view? Which as you all know is a racing certainty. Afternoon all.

Initially I was disappointed on hearing of delays to our Vshorad system. However I now read matters have been resolved and the first of (7) counter drone systems will be dispatched.

Our order book is expanding and now stands at £115m and in recognition of our expertise we have been awarded another significant contract worth £54m or 340pps in the pipeline.

Order book and cash worth c.812p currently giving the company headroom to improve dividends next year.

A final dividend of 13p will be paid on the 18/8.

Despite the near heart attack of paras (1/2), I'm very pleased with our progress and note Vshorad monies will appear in the H/Y nos.

Tav they do what they want to do...no way should the sp be headed to 500 but heh....its a buying opportunity which I didn't expect to see. The mrkt is very silly and irrational at times!!

As expected the mrkt doesn't like the nos...no surprises there! I will add as soon as the day traders have had their fun ' n games.

Initially I was disappointed on hearing of delays to our Vshorad drone system. However I now read matters have been resolved and the first of (7) counter drone systems will be dispatched.

Our order book is expanding and now stands at £115m and in recognition of our expertise we have been awarded another significant contract worth £54m or 340 pps in the pipeline.

Order book and cash worth c.812p currently giving the company headroom to improve dividends next year. A final dividend of 13p will be paid on the 18/8.

Despite the near heart attack of paras (1/2), I'm very pleased with our progress and note Vshorad monies will appear in the H/Y nos.

Hawkish comments from Fed Chair Powell over the outlook for rates (they are likely to continue on an upward path to 5•6% by the end of the year) unsettled mrkts yesterday. The process of getting back to 2% is proving very difficult.

Not everyone is in agreement. The BOA see the S&P at 4500 partly on the FOMO factor and an improving breadth of rising stocks to declining issues. They expect more upsides to 4600 as resistance levels are broken. As ever it's all about opinions.

To date the lack of confirmation from the other large indexes poses tactical risks for equities. Many say the recent rally is nothing more than a bear mrkt trap. Mind you the bears have been saying this for the last 15 years so will be proven right at some stage.

Wall St took fright and all the major averages finished the day in negative territory. Some 4/5 'Big Tech' companies disappointed investors, reporting slower growth, a strong USD and rising costs impacting earnings.

Tesla fell $18 (8%) after a Barclays downgrade. Others heading south inc Intel off 6%, IBM, GS and Msoft. Going up UH, P&G & Chevron. Fallers outpaced risers by 2•5:1 on the NYSE, an average 11bn trading day.

DJ -102 (33,952)

SP -23 (4366)

NS -203 (14,867)

R2 -2 (1198)

WTI $72

10ytb 3•724%

Latest: Vix 13. Brent $77.

Gold $1932. Copper $3•905.

Palm $900. Silver $22•630.

$1•276. €1•161.

FF-55. DF-46.

Morning all.

Despite a raft of good economic news on housing starts up at a 13 month high, homebuilder confidence improving more than thought in June and retail sales rising in May on the back of buoyant Auto sales.... Wall pulled back after a 5 wk long rally carried equities to their highest level since Spring of last year.

On the S&P 4/5 closed lower on oils being dragged down by Exxon & Chevron but on the winning side homebuilders jumped on new build starts. Tech shares are being closely watched on back of AI which is forecast to boost US stock prices to over 4600 this year and have become the talk of, if not the only game in town.

Witness the rise and rise of Nvidia's stock price, $11bn of sales in current Q fully 50% above consensus forecasts as demand for its advanced chips surge. However the size and complexity of the task favours the large established companies in developing transformative language model algos to generate revenues for an addressable mrkt of $150bn assuming a 30% adoption rate.

DJ -245 (34,054)

SP -21 (4389)

NS -14 (15,070)

R2 -5 (1120)

WTI $71

10ytb 3•737%

MSCI(W) -16 (2940)

Gold Bugs -10 (233)

Latest :- Vix 14. Brent $76.

Gold $1937. Copper $3•897.

Palm $942. Silver $23•195.

$1•276. €1•269.

FF-1. DF-20.

Morning all.

Someone picked up a couple of chunky sells from the 16/6 one for 23,000 at 615p the other 17,000 at 620p....NICE!

With US mrkts closed for the Juneteenth Day Holiday stocks across Asia declined as the rally in global equities stalled due to China's tepid recovery. China's Central Bank cut 2 more key lending rates for the first time in 10 months. The 1yr to 3•55% & the 5yr used to price mortgages to 4•2%.

Following Blinkens convivial meeting with top Chinese officials mrkts in Asia eased across the board on disappointment China's Central Bank did not introduce further stimulus to prop up its flagging recovery.

The 3 leading Asian Exchanges took the hint and booked profits pushing indexes lower this morning. The Nikkei off 78, Hang Seng down 284 and Shanghai eased 6 points during the late morning session. Pan Pacificas were lower with only Sydney (+73) posting gains.

Investors await testimonies from Powell on Wed and the BOE rate decision on Thursday priced to rise 25bp as UK inflation is the highest in Euroland and double the US.

Latest:- Vix 14. Brent $76.

Gold $1951. Copper $3•846.

Palm $980. Silver $23•990.

$1•279. €1•171.

FF+1. DF-39.

Morning all.

Asian mrkts opened on the back foot following broadly negative cues from Wall on Friday. The 225 is modestly lower this morning giving back the gains in the 2 previous sessions dragged down by tech and financials. In a sudden about turn the mrkt was hit by a wave of selling knocking 400 off the 225 index at the lunch break.

Shanghai Composite has moved higher on back to back days resting just above the 3270 point level at lunch. Banks were among the actives with energy on brokers sell orders offset by strength in oils. Late on Shanghai stocks turned negative as weakness in Japan dampened sentiment.

Pan Pacificas are lower across the region only Sydney posting solid numbers boosted by gains in gold miners and financials. The ASX200 was up 35 points late on near its best level of the day.

Latest:- Vix 14. Brent $75.

Gold $1957. Copper $3•860.

Palm $970. Silver $24•170.

$1•281. €1•171.

FF-33. DF-65

Morning all.

DJ -108 (34,299)

SP -16 (4410)

NS -102 (15,084)

R2 -5 (1205)

WTI $71

10ytb 3•769%

MSCI(W) -4 (2962)

Gold Bugs +3 (243)

Close:- Vix 14. Brent $76.

Gold $1959. Copper $3•879.

Palm $970. Silver $24•270.

$1•282. €1•172.

Yen 142. Yuan 7•12

FF-26. DF -7.

The good wks keep a'coming

last week total volumes increased to c.43,000 (29,000) on 61 bargains dealt. Buys outpacing sells by 2•3:1, the shares up for the 3rd consecutive week but still below the start of the year.

Wk 24

-----

Sp 620/650

T/trd 61

T/vol 43,200

Buys 30,100

Sells 13,100

Buys 70%

T/buys 43

T/sells 18

Av trd 700

Av £ 3720

Ytd

Aim -5%

250 +1%

Ftse +3%

DJI +3%

S&P +15%

Nsd +38%

Morning all have a good wk/end.

DJ +429 (34,408)

SP +53 (4426)

NS +180 (15,185)

R2 +11 (1210)

WTI $71

10ytb 3•739%

MSCI(W) +27 (2966)

Gold Bugs -1 (241)

Stocks on Wall moved ahead over the course of the day led by big tech & housebuilders. The S&P on a 6 day winning streak reached its best closing level in over a year (the Dow posting a 6 month high) as all 11 sectors on the 500 rose. On the old 30 index only Amex & Nike fell back.

Apple & Msoft both hit record closing highs of $186 & $349 respectively for the year. Both companies around 48% up ytd. Brokers report a ton of money waiting on the sidelines and increasing interest in the R2 small cap sector. Volumes traded were above average 12bn, gainers outpacing fallers by 7:1 on the NYSE.

The 10y/tb slid to 3•72% after a slew of economic data pointed to an easing of inflation which encouraged buyers back into stocks. On the economic front US retail sales unexpectedly rose in May as consumers splashed out on big tckt items.

Additionally import prices fell in May, the annual decrease was the sharpest in 3 years. Traders now price in a 67% chance of a 25bp hike in July followed by a cut before the year is out, which might revive the moribund gold price.

Latest:- Vix 14. Brent $76.

Gold $1958. Copper $3•899.

Palm $915. Silver $23•990.

$1•277. €1•168.

FF+8. DF-20.

Morning all.

If MSi holders are getting twitchy re the recent upsurge in the share price its worth noting buys are outpacing sells by 2:1+ (69k/34k) during wks 21- 23.

No way a buy recommendation but indicates the prevailing sentiment which is an important factor to consider when looking at the company nos.

For sure I want a lower sp, who doesn't when eps and roce are going up which is of more interest as far as I'm concerned. Sp daily moves are just that...here today gone tomorrow.

Lse continue to find more ways to p*** off mobile users to their sites. Not satisfied with one talking head another one has popped up on our screens blocking out easy access to the info we require. How long before we have a Sergeant Pepper album cvr of celebs yakking away on mute?

This might cause amusement in Brighton (job done) but I fail to see the object . This must be the most useless waste of 'advertising spend' I've ever come across.

Following 10 consecutive rate hikes the Fed as expected held rates at 5.00%-5.25% having tackled the inflation problem head on they are on top of or near the top of the cycle.

Watchers think another 2 bumps by year end will see the end of the rises. By 2023 the Fed expects to cut rates to between 5•6% & 4•6% by year end, expecting annual inflation to fall from 4•4% in April to 3•2% by year end.

Contrast the Fed's decisve action with the BOE who dithered by not tackling inflation sooner and now must increase rates more than originally envisaged. Many expect the bank to raise rates as high as 6% by next year as UK inflation remains stubbornly high. Unfortunately this will now become an election issue at the worst possible time for the Govt.

Across the pond investors decided to trim holdings just in case the Fed decides another •25 bump will be required next month. The Dow slumped below 33,800 mid pm but has partially recovered its nerve closing 233 down. The other 3 major indexes were mixed but the Nsdq jumped off days low to end 105 better at 15,006 up 37% this year.

DJ -233 (33,979)

SP +4 (4373)

NS +105 (15,006)

R2 -16 (1199)

WTI $68

10ytb 3•827%

MSCI(W) +10 (2940)

Gold Bugs n/c (241)

Latest:- Vix 14. Brent $73.

Gold $1934. Copper $3•815.

Palm $885. Silver $23•475.

$1•264.€1•168.

FF-19. DF-17.

Morning all.

MSi mrkt cap over £100m today for the roundo'phobia investors...