Member Info for JohnLewis79

Three MPs represent Doncaster in the House of Commons the most well known must be Ed Milliband. I wonder if he's playing a part in promoting MSi's defense capabilities to the UK armed forces particularly at this time of increasing front page news on the lack of funding?

From memory I don't think he's an advocate for increasing spend on the armed services, so are we to assume he will be slow in coming forward to promote the company, for jobs
and investment? If so should we not be told?

It's an unofficial index of all shares on the All Share with a valuation above £33m regardless of sector. I'm not sure why £33m is chosen as the exit level.

I find it useful to check valuations of shares and their rankings on the league tables (so to speak). It has no significance apart from that. Some investors might find this interesting and as far as I'm concerned I like to see MSi going up the table. A few quarters ago MSi was nowhere.

Ftse (unofficial) All share index rankings as at 25/1/2023.

1. AZN (£167•5bn)
2. Shell (£164bn)
3. BHP (£144bn)

577. MSi (£101•5m)

628. Hercules (£33m)

( Exit level)

Next quarterly review 1/3/23.

DJ +266 (34,157)
SP +53 (4164)
NS +264 (12,728)
R2 +9 (1299)
WTI $77
10ytb 3•649%

MSCI(W) +27 (2820)
Gold Bugs +3 (243)

The major indices all ended with impressive gains after Powell's speech at the Economic Club of Washington lifted the market, though the Dow was heading down at the close.

He said inflation has begun to ease in the goods sector which is c 25% of the economy and expects this year to see a significant drop in inflation. However it won't be until 2024 to get close to the Feds preferred 2% target.

Stocks in focus included Boeing ($211) adding 4% after announcing 2000 white collar jobs will be contracted out to Tata in India. Boeing expect to hire 10,000 employees this year mainly in engineering and manufacturing.

Msoft ($270) bounced $11 higher on news the company is introducing a new version of the AI language system to challenge Google's dominance of the Internet search mrkt.

Latest:- Vix 19. Brent $84.
Gold $1876. Copper $4•080.
Palm $987. Silver $22•340.
$1•205. €1•123.
FF+51. DF+8.
Morning all.

DJ -35 (33,891)
SP -25 (4111)
NS -109 (12465)
R2 -21 (1290)
WTI $75
10ytb 3•624%

MSCI(W) -27 (2794)
Gold Bugs -3 (241)

It seems unlikely you will see a hard landing for the mrkts when so many jobs are being created and unemployment is at a 53 year low.

US stocks have had a terrific start to the year, only the Dow is lagging up 2% well behind the 500 up 7%, small caps gaining 11% and leading the way the Nsdq up 13%. Over 52wks only the small caps are in plus territory (•4%).

Nevertheless equities ended down on the session, only (2/11) S&P sectors gained on a below average 11bn traded, losers outpaced advances by 3•3:1.

Stocks headlining included miner Newmont which fell c.5% on its $17bn offer for peer Newcrest a 21% premium to the pre bid sp. Tesla rose 3% to $195 after a US jury found Big Chief Musk was not liable for misleading investors when he tweeted "secured funding" a ref to taking Tesla private.

Latest:- Vix 19. Brent 82.
Gold $1875. Copper $4•046.
Palm $995. Silver $22•355.
$1•204. €1•122. Yen 132.
FF+8. DF+30.
Morning all.

Like all the 'puffery' of bullion which has cost 'gold bullies' a ton of money recently MSi continues to find no buyers for its cheap as chips stock. While the jobbers are filling their boots with unwanted shares (i wonder why) I'm content to watch from the sidelines.

Many are not interested in value, earnings or returns (who is these days) wanting to chase a few pence on the sp is fine by me whil'st I have a few quid to invest. Their impatience invariably benefits the stick in the mud holders.

To date I have resisted in averaging down but sub 550 I may have to change my strategy as todays volume of 15,291 (all sells) knocking 25p of the Co value is jobber beneficence gone mad & rarely can you say that about them. Snap it up while you can......

You may not believe fair value is £35 and i grant you thats many steps too far for me, you still need patience to hold firm while all about you are making money as you suck your thumb.

Braver investors chancing their arms in seeking to make money in the short trading arena may not be for most of us.....certainly not me, as i believe shorting a stock to make money is reprehensible if not downright immoral.

However despite years of pleas to the authorities to ban short selling, i'm in the camp that believes they encourage the practice as i do not believe for one minute it helps with 'price' transparency...but heh....

.... you may prefer to follow Simon Cawkwell the King of Short sellers who has made many a pound rather than listen to my penurious twaddle.
Evening all.

Latest:- Vix 18. Brent $80.
Gold $1878. Copper $4•061.
Palm $945. Silver $22•515.
$1•206. €1•117. FF -21. DF -82.

Asian mrkts are mostly lower on Monday following negative cues from the 'Street' on Friday due to the unexpected drop in US employment rate (lowest since 1969) led to renewed concerns over the duration of rates.

Gold slumped on the news that the US economy added 517,000 jobs in Jan (forecast 180,000) and continues to defy the Fed's efforts to 'cool' the economy. The US military shooting down a suspect Chinese spy balloon is not expected to impact global mrkts.

Of more concern is oil demand from China and India which will push up prices as their economies rebound and demand surges just as Russian output is set to decline significantly as the economy and the 'Rouble' tank on biting sanctions.

Russia offering huge discounts to Brent of the order of 40% cannot continue indefinitely. Analysts forecast a drop to 9m bopd from 12m bopd by the 2030s.
Morning all.

DJ -128 (33,926)
SP -43 (4136)
NS -230 (12,573)
R2 -5 (1311)
WTI $73
10ytb 3•524%

MSCI(W) -27 (2821)
Gold Bugs -11 (244)

Close:- Vix 18. WTI $73. Brent $80. Copper $4•030. Gold $1865.
Palm $945. Silver $22•395.
$1•205. €1•116.
Yen 131. Yuan 6•744.
Morning all.

Disappointing end to the week in that 750 looked on the cards but once again sellers got the upper hand. Vols on the week totalled c.77,300 on 100 bargains. Sells shaded buys by c.1•5 :1 (bofp calcs) though the shares gained 52 on the week to 637 after briefly hitting an all-time intra-day high of 725 on Thursday.

Simply Wall reckons MSi share price trades 80% below their estimate of fair value of future cash flows (£34). Earning multiples of others in the sector....
Senior Eng 45x
Peer av 23x
Industry av 22x
Cohort 19x
Chemring 17x
MSi 16x
Bab**** 10x
Nos companies (9)

Its worth noting MSi has been debt free for the past 5 years and pays a dividend with a modest yield. However MSi suffers from lack of exposure to the wider mrkt and is one of those "big/little" companies.

Moving off Aim might be a good move if Michael Bell could put up with increased expectations and scrutiny from investors. I suspect he's quite happy being listed on Aim where many iis are not allowed to invest. Breakdown % of shares outstanding (last notification).

Insiders 8•7m
iis 3•9m
Public 2•4m
Others 1•4m
(Total 16•4m)

Evening all.

DJ -39 (34,054)
SP +61 (4180)
NS +440 (12,803)
R2 +31 (1316)
WTI $76
10ytb 3•370%

MSCI(W) +38 (2848)
Gold Bugs -8 (254)

Poor results from the big 3 A's didn't stop the Nsdq climb 3•3% (440) points by the close. All 3 missed analysts forecasts. In Apple's case for the first time in 7 years, shares off $5 to $146. Alphabet ($103) & Amazon ($107) also disappointed shares falling back after hours.

Meta (Facebook) surged 23% to $185 as stricter cost controls bore fruit. A $40bn buyback pleased investors the shares up 51% ytd. On the S&P a "Golden Coss" was detected as the 50DMA moved above the 200DMA, perceived as a bullish signal by traders.

Latest:- Vix 19. Brent $82.
Gold $1916. Copper $4•110.
Palm $960. Silver $23•570.
$1•221. €1•121.
FF+1. DF-2.
Morning all.

After hours trades sends MSi up 80 on the session to 725 an all-time closing high.

DJ +7 (34,093)
SP +43 (4119)
NS +261 (12,363)
R2 +19 (1285)
WTI $77
10 y/tbill 3•413%

MSCI(W) +25 (2810)
Gold Bugs +6 (262)

Latest:- Vix 18. Brent $83.
Gold $1954/$1969. Copper $4•182. Palm $957. Silver $24•275. $1•239. €1•124.
FF +27. DF -71
Morning all.

Cheers no bull I didn't know any of that...still intend to hold just in case we get another spike up from 150-200....ya never know!

These bloody adverts blocking ones posts are beyond annoying. I have complained bitterly but I expect to soon see the whole page given over to ads nobody is interested in. These pages should be ad free for investors use only! When that happens it will be curtains for me!

Spot on nobull....up 10. Jeez this is becoming beyond a joke with these bloody adverts blocking posts!

Agreed nobull and justone but as we well know we are always at the mercy of a rapacious Govt bleeding the palm companies whenever they need money. Its a drawback investing in this sector and unlikely to change anytime soon.

It grieves me having been invested here for so many years that Anglo, well perhaps not Anglo but certainly MPE & Rea haven't merged assets to form a stronger company, that surely would have benefitted both sets of shareholders in the long'term. Probably out of the question now but an opportunity missed imo.

Surprise surprise buy vols outpacing sells wk-t-d. I don't think the shares at c.600 are up with events. Whether the recent bounce has legs I dunno but I'd be surprised if there is a concerted move lower.

As MSi has a mrkt cap of under £100m its in the microcap sector (£50m to £200m) listed on the Aim mrkt. As to valuations for comparisons you can do the calcs on p/e, ptcf, ptb, ev & dfcf.

I'd pass over dcf as it's quite complicated if your doing by longhand as estimating future cash flows and int rates can screw up valuations over a 10 year time frame. P/er & ev suits most.

Anyway you look at MSi the nos come out well and are expected to improve considerably. ROCE (c.20%) could be better when compared to Greens, water, tobacco, oil expo and precious metals, 47% at best, 35% worst. I avoid retail, healthcare, construction and food wholesale as roce is in the low single figs (6%-4%).
Morning all.

No nos but the overall tone sounds positive and replanting after years of zero activity. Oday increasing as to what purpose? No dividends outside of the preferred.....Results due April.

DJ +369 (34,086)
SP +59 (4077)
NS +190 (12,102)
R2 +31 (1266)
WTI $79
10ytb 3•510%

MSCI(W) +26 (2785)
Gold Bugs +1 (257)

Latest:- Vix 19. Brent $86.
Gold $1927. Copper $4•212.
Palm $970. Silver $23•780.
$1•231. €1•134.
FF-2. DF-44.
Morning all.

DJ -261 (33,719)
SP -53 (4018)
NS -254 (11,912)
R2 -14 (1235)
WTI $78
10ytb 3•540%

MSC1(W) -26 (2759)
Gold Bugs -3 (256)

Latest:- Vix 20. Brent $84.
Gold $1918. Copper $4•154.
Palm $987. Silver $23•710.
$1•234. €1•139.
FF-15. DF-54.
Morning all.