Member Info for JohnLewis79

As itsawrap posts drone warfare is the way to go and MSi are at the forefront of the technology. My guess its considerably cheaper than a Patriot Missile.

Afraid not Tav as per the last MSi RNS was vague as to the nos, only the contract value. I remember reading the Patriot Missile Defense unit cost was between $1-6m of the many variants. Some have been sent to Ukraine.

Agreed Tav. I'm of the same opinion. I'm not averse to buying at a higher sp that increases my avc. As long as the metrics of MSi cont to stack up and they most certainly will with more orders in the pipe line, increasing usage of drones worldwide and US Defence spending rising, what's not to like?

Only 4000 bargains dealt!

Morning Tav, a tree shake, ignore jobber moves looking to take advantage of year end sellers.

DJ +38 (33,242)
SP-16 (3829)
NS -163 (10,823)
R2 -1 (1160)
WTI $79
10ytb 3•850%

MSCI(W) Closed
Gold Bugs +6 (237)

Latest:- Vix 22. Brent $84.
Gold $1811. Copper $3•850
Palm $1010. Silver $24•165.
$1•203. €1•130.
FF+21. DF+41
Morning all.

TK +42 (26,448)
HK Closed
SH +30 (3096)
SK +12 (2330)
TAIX +43 (1438)
ASX Closed

Latest:- Vix 21. Brent $85.
Gold $1808. Copper $3•868.
Palm $965. Silver $24•435.
$1•210. €1•135.
FF +29. DF +146.
Morning all.

The 'Santa Rally' starts Wed and lasts through Jan 4. Dec to date has seen the S&P lose 6% thanks in the main to Tesla and Amazon, as investors have been off loading losing stocks like never before, mainly to off set any capital gain taxes due.

Not sure where we go from here but I'd expect MSi to cont the rising trend if not as frantically. My £7 has been busted and £10 could be achievable if orders continue on a steady basis.

The F/Y nos due late June will indicate how well the company is turning these into revs & profits though I'd rather see a years worth of business for a more accurate picture. Whatever 6 months ago there was a sense of drift.
Not anymore. Its full steam ahead for the foreseeable if Ukraine hasn't been resolved.
Morning all.

The Santa Rally (last 5 days of Dec & first 2 of Jan) looks to have spluttered as investors have sold off stocks at the highest rate ever in the week to Wed 28th (total of $41•9bn. This was attributed to tax loss harvesting a strategy that involves selling assets at a loss to offset any cap gains taxes.

No doubt 2022 has been a miserable year for investors and thanks to Tesla, Amazon & others the mrkt is down c.6% in Dec. Nov through January are usually strong months for equities (43 Up months / 29 Down months) for an average return of 0•9%.

My guess the mrkts will have a slow start to 2023 and won't match the S&P 4% (1453 points) gain of Jan this year (1% on the Ftse). Consensus forecasts from 18 major Wall St Banks sees the S&P at 4030 (+5%) by 2023. My 2/- worth is lower.

US mrkts are closed.

TK +171 (26,406)
HK Closed
SH +20 (3066)
SK +5 (2319)
TAIX +13 (14,285)
ASX Closed

MSCI(W) Closed
Gold Bugs Closed

Latest:- Vix 21. Brent $85.
Gold $1806. Copper 3•185.
Palm $965. Silver $23•920.
$1•206. €1•135.
Morning all.

Happy Christmas to all Genelites...here's hoping the Board start to move away from our paymasters this year. The Co have been resting on their laurels for too long!

Panthera will run out of money around the half way stage. Currently total equity attributable to holders is £2•1m so a raise will be on the cards potentially diluting us further. PAT posted a ($1•47m loss for the 6 months to Sept).

Currently 131m shares are outstanding and I suspect a placing rather than tapping shareholders which to be fair to MB he has resisted, will be the way forward.

We're still at the exploration stage so a long way to go to reach the planning and BFS for future production.

Bhukia is on going and PAT continues to seek enforcement of its rights. Fasken has said our claim has legal merit under ABIT. Plainly the GOR disagree.

DJ +176 (33,204)
SP +22 (3845)
NS +29 (10,985)
R2 +8 (1161)
WTI $80
10ytb 3•749%

MSCI(W) u/c (2684))
Gold Bugs +1 (232)

Close:- Vix 21. Brent $84.
Gold $1799. Copper $3•814.
Palm $980. Silver $23•940.
$1•205. €1•135.
Yen 133. Yuan 6•97.

Happy Christmas all.

Must say I can only remember 2 occasions that I have had so much fun making money on the mrkt. Both were in the mists of yore, one a 5 bagger (tech/gaming) and the other a 3 bagger(retail).

A wide discrepancy in the closing prices from 698 to 745 didn't spoil the gains for most of us. Whatever the RNS sure put a rocket up the share price which flew off the shelves. A gain of 275p on the half session was outside of anything I thought possible or likely.

On a thinly traded counter like MSi todays performance was a cracker. Vols of c.113k on c.178 bargains was way above average. I estimate bofp calcs (c.2%) of the free float changed hands today. It seems investors are looking beyond todays fun and games for further appreciation into Q3-4 where we await the sole source US Naval production contract which could land anytime soon.

Of course the main worry is, has the run up been to fast? Only time will tell but even on 700+ the p/e is on a manageable 18-20× 40p earnings for 2023/4. This is in stark contrast to 18 years of static / underperformance back in the 1980's to 2000's.

I'm sure your Christmases just got a whole lot happier. Thank you Santa and here's to a profitable 2023 for one and all.

That's kind of you NTG. I'm retiring from the daily early morning info as soon as 2022 closes, mostly because my enthusiasm has waned. Time for some new blood to take over! Best to you and family ...one day we will be millionaires....

H/Y report, steady as she goes but as usual nobody is much bothered these days. No doubt our day will come if gold ever gets off its **** having been manipulated to hell and back by the big banks cartel.

Indeed Taverham! Probably obsessing over Rolls Royce •44p rise this morning. Never understood some investors. You can lead a horse to water...and believe me I tried.

Is it possible Lockheed Martin could be sniffing around? That's got £10 a share written all over it imo.

Its a shortened session this morning. Follow on orders are very likely for this new gun system. Hold tight.

Great start always good news to get confirmation of a sales contract. As usual with MSi the RNS is light on the bits'n pieces of the contract but it's just what investors want to hear heading into 2023. Glad I added a few more on Tuesday.

DJ -349 (33,027)
SP -56 (3822)
NS -280 (10,956)
R2 -14 (1153)
WTI $78
10ytb 3•692%

MSCI(W) Closed
Gold Bugs -1 (231)

Latest:- Vix 22. Brent $82.
Gold $1798. Copper $3•776.
Palm $980. Silver $23•835.
$1•205. €1•136.
FF+16. DF+24.
Morning all.