Member Info for JohnLewis79

DJ +22 (33,809)
SP +4 (4134)
NS +15 (13,001)
R2 -4 (1160)
WTI $78
10ytb 3•577%

MSCI(W) +1 (2823)
Gold Bugs -3 (260)

Treasury yields held overnight declines as US earnings and economic data showed signs of weakness. Raising the US debt ceiling and increasing Sino-US tensions weighed on mrkts. US Treasury Secretary Yellen called for better economic ties with China adding the US will protect its national security interests.

Gold fell $1 and Oil extended losses for the 3rd day running down 23% ytd, some $55 off 52wk highs.

Close:- Vix 16•8. Brent $82.
WTI $78. Gold $1985.
Copper $3•984. Palm $1015.
Silver $25•155. $1•244.
€1•132. Yen 134•7.
Yuan 6•89.

Another quiet wk for holders as the shares ended unchanged at 525 on just 6975 traded. Sells outpaced buys by 1•73:1 (4417:2558) on 23 bargains dealt continuing the lack of interest which is not MSi specific more a malaise among Aim stocks in general.

Very much a case of wait and see as the F/Y ends on the 30th of April and results announced late June. On the off chance you cannot remember last year's simplified nos to beat, see below.

P/tp £5•97m
Revs £74•52m
Eps 30•90
Cash 18•1m

Much as I'd like to forecast this year's nos I don't feel confident enough to put pen to paper. Suffice to say I'd be very disappointed not to see a material increase across the board at least in line with 20% gains and importantly still debt free.

I like the sector for its hedge against economic uncertainty, predictable cash flows and long-term contracts. As far as i know the US Govt pays its bills on time. You should also note that "Defense" stocks may not include the likes of Lockheed, Raytheon & Boeing but pharma, utilities & healthcare a different sector altogether.
Morning all.

Ftse All Share Index Ranking (unofficial guide) at close 18 April 2023.

1. AZN £186bn
2. Shell £170bn
3. BHP £129bn
4. HSB £115bn
5. UNL £110bn
6. BP £97bn

588. MSI £94m

625. Esken £55m.

DJ -110 (33,787)
SP -25 (4130)
NS -103 (12,986)
R2 -4 (1164)
WTI $77
10ytb 3•531%

MSCI(W) -11 (2823)
Gold Bugs u/c (263)

Overnight US stocks ended the day firmly in the red column as investors reacted to weak economic data on a slew of earning nos from Tesla, AT&T and Amex.

Gloomy nos from Tesla sent the stock down 10% to $163 as Elon Musk signalled he would cont to slash prices of his EVs, while Amex missed Q1 profit forecasts & AT&T revenues disappointed. On the NYSE declining issues outpaced advances by 1•75:1 on 9bn changing hands.

Economic news saw US job claims surge last week as manufacturing activity in the Mid Atlantic region sank to to its lowest level in 3 years in April. Home sales fell in March adding to recession worries and a probable rate hike of •25bp next month.

Latest:- Vix 17. Brent $81•04.
Gold $1996. Copper $4•012.
Palm $1015. Silver $25•305.
$1•244. €1•134. Yen 134•7
FF+4. DF-31.
Morning all.

DJ -80 (33,897)
SP u/c (4155)
NS -3 (13,089)
R2 +4 (1168)
WTI $78
10ytb 3•594%

MSCI(W) -2 (2833)
Gold Bugs -5 (263)

A mixed bag of earnings results saw Tesla (170) miss Q1 profit estimates though revs were up due to 6 price cuts in the last year and a second reduction this month.

IBM earnings beat Q1 forecasts as net income rose 26% though revs slipped, shares closed little changed at $126 after hours. Netflix ($321) slipped $13 on news the company will crackdown on password sharing in the coming months.

Expectations of further rate hikes pushed up the USD and yields. In-between inflation remains at problematic levels as the Fed Res "Beige Book" survey indicated economic activity was muted with hiring slipping and access to Credit narrowing.

Gold traded below $2000 in Asia and oil extended losses having fallen 2% to a 2 wk low on demand concerns.

Latest:- Vix 16. Brent $82. WTI $78. Gold $1994. Copper $4•060. Palm $1030. Silver $25•245. $1•242. €1•134.
FF-4. DF-40.
Morning all.

DJ -11 (33,977)
SP +4 (4155)
NS +4 (13,092)
R2 -6 (1164)
WTI $81
10ytb 3•582%

MSCI(W) +9 (2836)
Gold Bugs +1 (268)

Latest:- Vix 17. Brent $84.
Gold $2002. Copper $4•068.
Palm $1035. Silver $25•270.
$1•242. €1•132.
FF+1. DF-48.
Morning all.

Mumfoda, the clue is in the headlines, "US close nos etc..." due to the time difference as most of us will have the UK mrkts closes & stats by 6:00 pm. I concentrate on the US mrkts for another perspective.

Perhaps you would like to take over? I'd be more than happy to relinquish the reins I can tell you. As to conversations on this site there are too few of us with any interest in an Aim micro cap share to drum up any sustainable 'chat' interest let alone keep a share blog going. Fact is we are marooned in the backwaters which unfortunately our head honcho is happy to swim in...

Talking amongst ourselves is not the way ahead and to be honest there are better stocks out there if that's your
shtick. Hence me updating the mrkt nos before opening due to overwhelming demand from the 2 early risers.

More good news from Totally goes unrecognised by the mrkt.....no change there! Scoreboard watchers best look elsewhere, concentrate on the message which in time will show excellent results for those prepared to look more than a day ahead.

DJ +101 (33,987)
SP +14 (4151)
NS + 8 (13,088)
R2 +7 (1171)
WTI $81
10ytb 3•595%

MSCI(W) +1 (2827)
Gold Bugs -6 (268)

Storm clouds circle US bank stocks after State Bank one of America's oldest banks saw its shares crumble 18% as news clients withdrew $26bn during Q1 hit the wires.

Schwab reported clients had been closing accounts in unprecedented numbers during the first 3 months and had taken out c.$41bn. The bank revealed it had borrowed $46bn from the Federal Home Loan system to bolster its finances. News of the withdrawals sparked concerns among other US bank stocks.

Citibank CEO warned the US will fall into recession as many of the smaller capitalised banks come under pressure during the upcoming reporting season.

Latest:- Vix 17. Brent $85.
Gold $1998. Copper $4•075.
Palm $1045. Silver $25•120.
$1•238. €1•132.
FF+15. DF+1.
Morning all.

Expected 26th, April.

Thats very frustrating holding that long only to bale out at a substantial loss. I hope you recover monies in due course. I'd give you a tip but tbh I wouldn't give myself a tip on my current form!

Good luck!

Little to no movement in stocks this morning across Asia & Pacifica. Most remain rangebound as investors digest the latest news for Fed rates and inflation unwilling to open new positions until a clearer picture emerges.

A report from the University of Michigan said they expect US inflation to rise in May as retail sales fell more in March than first thought. Inflation is still enough of a threat for the Fed to hike rates by 25 bp next month thereafter cutting rates in H2.

Gold holds support above $2000 and Brent's continuous contract ends today. US mrkts finished in the red on Friday but are called higher today.

Latest:- Vix 17. Brent $86.
Gold $2005. Copper $4•110. Palm $1045. Silver $25•410.
$1•242. €1•130. Yen 133.81.
FF+18. DF +67.
Morning all.

DJ -143 (33,886)
SP -9 (4138)
NS -30 (13,080)
R2 -9 (1164)
WTI $83
10/ytb 3•520%

MSCI(W) -3 (2826)
Gold Bugs -6 (274)

Close:- Vix 17. Brent $87.
Gold $2005. Copper $4•118.
Palm $1035. Silver $25•465.
$1•241. €1•129.
Yen 133. Yuan 6•875.

In a shortened week vols totalled 25,250, sellers outpacing buyers by 13,830 to 11,420. Shares marked time at (555 bid) hitting a weeks high of 565. At wk 15 the share price is 13% down yielding c.1•64% on a trailing eps of c. •43p.

One of the ironies of the stock mrkt is the burden brokers put on 'activity' in a companies stock. They use terms such as liquidity and marketability singing the praises of companies whose sp's have high volume turnover, quite often more beneficial to the Casino than the customer.

I much prefer the slow and steady where increases in eps are the driver of value surely a truer picture of the health of a company regardless whether 5, 500 or 5000 are traded. This often goes to quality of ownership those who play the long game and focus on business values & not short term sp activity.

That's an old fashioned view these days but one I trust more than the 'in out' thank you Ma'am view of modern day investment practice.
Morning all.

DJ +383 (34,030)
SP +54 (4146)
NS +261 (13,109)
R2 +10 (1173)
WTI $82
10ytb 3•439%

MSCI(W) +34 (2829)
Gold Bugs +7 (279)

US stocks rallied overnight after data showed Producer prices unexpectedly fell in March and new benefit claims rose more than thought easing worries on rate rises.

While the USD languished near 2 month lows gold edged up to a 13 month high on bets the Fed will ease back on rate rises in April. Bulls of gold are confident the metal will breach the all time high of $2079 shortly.

The major US indexes closed at their best levels in nearly 2 months, Europeans for the 4th straight day (STOXX 600 up •4%) and the ftse climbed 18 to 7843 just 204 shy of it's record close.

Latest:- Vix 18. Brent $86.
Gold $2042l. Copper $4•164.
Palm $1035. Silver $26•105.
$1•254. €1•133.
FF+16. DF-65.
Morning all.

Not sure I follow you.

DJ -38 (33,646)
SP -17 (4092)
NS -116 (12,848)
R2 -9 (1163)
WTI $83
10ytb 3•410%

MSCI(W) -2 (2795)
Gold Bugs +2 (272)

Latest:- Vix 19. Brent $87.
Gold $2018. Copper $4•061.
Palm $1027. Silver $25•610.
$1•248. €1•136.
FF -7. DF -13.
Morning all.

DJ +98 (33,685)
SP u/c (4109)
NS -87 (12,964)
R2 +9 (1172)
WTI $82
10ytb 3•433%

MSCI(W) +11 (2797)
Gold Bugs +2 (270)

Wall ended mixed yesterday as investors wait crucial headline inflation data on Wed for any signs of inflation slowing down. Analysts are expecting a significant drop from 6 to 5% in the headline nos a reversal from the 1•4% annual growth seen at the beginning of the quarter. A final •25 rate hike is 67% priced in for May.

Also this week sees banks reporting Q1 earnings nos from Citi, JPMC & WF. Forecasts are for the S&P earnings to drop 5% y-o-y. The Dow ended up 98 with the 500 flat and Nsdq off 52. Risers outpaced decliners by 3:1 on a below average 9•8bn traded.

Latest:- Vix 19. Brent $86.
Gold $2020. Copper $4•031.
Palm $1055. Silver $25•495.
$1•244. €1•138.
FF-5. DF+21.
Morning all.

Topped up on lse at (533) earlier this morning. I've always had up to 900 as
a fair buy-in price so a bit of a bargain imo.

There's some info on ADVN regarding the MSI Vorshad gun system
v competitors which went above my head.....

The first trade of the week was reported as "sell" (524•45) which was in fact was a "buy" just in case you thought otherwise. Don't know why some trades tend to fall mid spread leaving you to estimate the correct price but its very frustrating.

I have the time to correct this but lots don't......and newcomers to MSi could get entirely the wrong picture if all they see are "red" trade nos. Many will decide to swerve thinking if investors are selling out, well best move on....

This is a constant bug bear of shareholders especially in thinly traded companies where buys are still reported as sells. I dont think this is good enough in 2023. Hell, we have to do enough reading between the lines as it is!

As ever "caveat emptor."