Member Info for JohnLewis79

It was 10 years ago today.

Ftse (6215)

A/S (3290)

DJI (14,910)

S&P (1606)

TK (13,677)

Heading to the final days trade of results week has seen vols and trades at much increased levels though their was a drop off yesterday after the surge of Wednesday when 200 deals were struck.

Buys are outpacing sells by a ratio of 2•17:1 on nearly 241,000 traded. Shares up 100p so far this week are looking for a strong finish.

Can you believe you could have bought MSi for 277

this time last year?

Update on vols & trades this week.

Sp 1080

Trades 222

T/vols 171,500

Buys 126,000

Sells 45,500

Buys 73%

The manic 8:00am -9:00am punters hour over, vols as expected increased hugely though the sp is well off early highs showing just 4% up as of now.

T/vol 54,600

Buys 40,700

Sells 13,900

Buys 75%

Sp 1082

I hope they have earmarked what they intend to do with the c.£43m (256p) 24% of current sp. Buy backs are out of the question, on deposit is unlikely to be earning enhancing so an acquisition?

Unlikely given current management strength. Could be the company is having a beauty parade for the Defence business? In which case hold those winning tickets!

Below my expectations but very solid nos nevertheless which inc a lump of cash (£42•7m). Point to note in the statement

....future strategic priorities for MSi and the profile of the next generation of management....

today would have been ideal to inform the market of succession plans.

Strong order book with more in the pipeline but as is the time-lines for these, stretch way into the future.

Eps of 71p gives a p/e of c.9x hardly demanding for a growth company. The nos should please the mrkt but who knows in these volatile times?

I am on holiday.

Issues 2932

Advances 1017

Declines 1883

U/c 32

NH 240

NL 158

T/vol(bn) 4•3

-------------

DJ -58 (38,589)

SP -2 (5432)

NS +83 (19,660) R

R2 -20 (1272)

WTI $78

10 yt/b 4•228%

-----------

MSCI (W) -12 (3492)

Gold Bugs +2 (262)

----------------

Close :- Vix 13. Brent $83.

Gold $2333. Copper $4•498.

Palm $1030. Silver $29•625.

Yen 157. Yuan 7•255.

$1•269. €1•185.

FF +15. DF -35.

Morning all.

Shares fell 95p (7%) as sellers got the upper hand on Thursday & Friday but over the week the difference amounted to 248 shares in favour of sellers. Nevertheless its sentiment that more often than not drives share prices and it seems to have turned. Deals totalled 100 (114) on the week.

As to why the shares fell 7% I've no idea. Perhaps talk of the nos rumoured not to be up to expectations spooked investors? Who knows but I very much doubt it as the buy v sell ratio was 50:50 in vol terms and trade deals were nothing to write home about.

Wk 24

------

Sp 1000

L/yr 620

H 1060

L 493

7/88 113

--------

Trds 100

T/vol 71,500

Buys 35,600

Sells 35,900

Buy % 50

Av trd 715

-----------

Ytd

MSi +14%

100 +5%

250 +2%

All +5%

Aim +2%

-------

Mrk cap £177m

EV £135m

Roce 13%

Margin 9%

P/e 24

Div 3

-----------

Yea I picked up a few like a drug addict on crack I can't resist a bargain. Hope it gives me the same kick! A fair bit of safety margin at this level, while the MM's seek sellers a shake to 950 is possible so keep your ammo ready.

Hi atrm2, yea the free float is tiny with approx 5-7m issue so inevitably there's a lot of churning going on by day traders and short-term players. I'm a consistent buyer but always look to purchase below my previous buy-in if I can.

For the 4th straight day the 500 & Nsdq climbed to new record high closes, lifted by Nvidia ($130) and chip stocks. However the Dow fell for the 3rd straight session dragged down by Boeing, Amazon & Salesforce as 15/30 lost ground leaving the Dow up 3% ytd.

Lower than expected inflation data fanned hopes of an earlier rate cut which continues to underpin equity sentiment. A Labour Dept report showed US CPI unexpectedly fell 0•2% m-o-m in May and separately the nos of Americans filing new claims for benefits hit a 10 month high last week.

There was plenty of action among companies reporting. Nsdq component Broadcom the (11th) largest global Co gained 14% on 2Q nos beats and forecasts of higher revenue. A 10 for 1stock split on the heavyweight $1678 stock price will improve deal flows for private investors to purchase the stock.

Tesla never out of the headlines rose $5 to $183 but an underperforming sp down 27% ytd has kept investors away from the stock. Despite voting to improve his $56bn pay package and move the EV's maker home to Texas the love/hate feelings persist when it comes to Elon Musk.

Apple ($215) overtook MSOFT as the world's most valuable company with a mrkt value of $3•285tn marginally ahead of Microsoft ($3•281tn) and Nvidia ($3•188tn). Google and Amazon come in at 4th & 5th place, $2•172tn & $1•913tn respectively. In 1984 you could have bought Apple for $0•13.

In other news the space exploration company Virgin Galactic fell 14% to $0•73 following a reverse 1 for 20 stock split aimed at maintaining minimum share price requirements to cont to list on the NYSE. VG shares are off 65% ytd.

Since Branson took the company public 5 years ago its been a slippery slide downhill as delay after delay sent sentiment and the shares tumbling. As the burn rate soars towards $600,000 a seat VG needs future spacecraft flying weekly.

Nyse data

Issues 2883

Advances 1018

Declines 1778

U/c 87

NH 69

NL 67

T/vol(bn) 4•9

------------

DJ -65 (38,647)

SP +13 (5434) R

NS +112 (19,577) R

R2 -13 (1293)

WTI $78

10ytb 4•262%

-----------

MSCI(W) -12 (3504)

Gold Bugs -7 (260)

---------------

Latest :- Vix 12. Brent $82.

Gold $2306. Copper $4•493.

Palm $1035. Silver $29•065.

$1•276. €1•187.

FF +33. DF +22.

Morning all.

C'mon let's get real Aim stocks are not supposed to be profitable or pay dividends etc... Anyone investing here at first glance might think MSi is a duff no hoper. Well, surprise surprise it aint. Perhaps the bluest of blue pension funds, the Royals and football heroes (ok im joking) don't hold MSi in their portfolios.

Instead your average Joe Public propping up the bar at the Old Bull & Bush holds MSi. Probably lives in Doncaster or thereabouts, drinks Guinness and goes to Town Moor where the race once called the Rockingham Stakes was first held and is now known as the St Leger meeting.

Of course he might also live in Saaarf London, drinks Guinness, props up the bar at the Old Horns Tavern and goes racing at Sandown and that graveyard of punters Ascot. The course made £5m pbt last year from 300,000 visitors to the 5 day meeting which should tell you something.

Take plenty of cash as general admission is c.£50-65 a day before a £15 hot dog and a pitcher of Pimms (£40). Fair play you can take your soggy sarnies into the Windsor enclosure, sit on the grass and watch your money disappear up the 5 furlong strait.

If your ever in this Manor pop in I might be in the chair.

Since Mon sells are outpacing buys by 1•50:1 (20k to 14k) shares drop 75p 'bout right I guess in these take your pick mrkts. Could be buyers get another opportunity to add in the 950s which I didn't expect.

Expectation levels remain high so I wouldn't be overly concerned about the recent volatility to the downside. Take it as a top up oppo if your a believer and if your new to MSi note the company is debt free has stacks of cash, a strong order book and pays a decent dividend.

What's not to like?

Who the hell reads anything presented to shareholders in this fashion? Might as well be in Chinese! Get a grip for ffs!!

The drop to 480 looks overdone to me so a good opportunity for long'terms to add and new investors to climb aboard. Severfield report Finals next Wed. The shares at 72p value the group at £221m.

Wall St ended mostly higher yesterday as the CPI nos cooled in May. Fed Officials dampened expectations for 2 rate cuts this year signalling one cut, most likely Sept but definitely before the end of the year.

The S&P and Nsdq continued to climb both posting new record highs by the close fuelled in part by Nvidia up another $5 to $126 (record) and Apple overtaking Microsoft as the world's most valuable company in some lists as the big continue to get bigger.

Apple stock topped the DJI gaining 4% to $214 crossing $200 for the first time (adj for stock splits) as investors warmed to Apple's new variety of iPhones which include the integration of OpenAi ChatGPT directly onto its iPhone app. Oracle jumped 12% on further investor reflection forecasting double digit revenue increases in 2025, ended the session up $17 at $141. Closing down its unprofitable advertising business has pleased shareholders.

Paramount Global which is down 23% this year eased to $11 after Shari Redstone ended their long running efforts to merge with the company. The company now has to grapple with a shrinking base of cable TV customers and a slowdown in the advertising market pressuring a $15bn debt load.

Paramount is run by the Office of the CEO its 3 leaders who replaced Bob Bakish in April will now have the unenviable task of guiding Paramount out of its crisis.

---------

Nyse data

Issues 2886

Advances 1974

Declines 827

U/c 85

NH 163

NL 32

T/vol(bn) 4•0

------------

DJ -35 (38,712)

SP +46 (5421) R

NS +255 (19,465) R

R2 +21 (1306)

WTI $78

10ytb 4•321%

----------

MSCI(W) +36 (3516)

Gold Bugs +2 (266)

---------------

Latest :- Vix 12. Brent $82.

Gold $2310. Copper $4•511.

Palm $1020. Silver $29•200.

$1•278. €1•183.

FF -31 DF -38.

Morning all.

Nyse data

Issues 2886

Advances 1057

Declines 1749

U/c 80

NH 57

NL 63

T/vol(bn) 3•6

------------

DJ -121 (38,747)

SP +15 (5375) R

NS +136 (19,210) R

R2 -5 (1285)

10ytb 4•409%

WTI $78

------

MSCI(W) -2 (3480)

Gold Bugs -3 (264)

---------------

Latest :- Vix 13. Brent $82.

Gold $2312. Copper $4•538.

Palm $1012. Silver $29•570.

$1•274. €1•186.

FF +35. DF +21.

Wall St stocks dipped as investors took a cautious view ahead of the Feds decision on key US consumer price data being released today before the mrkts open. Many anticipate a consolidation period for equities after big advances in the tech sector this year though the 500 & Nsdq posted new highs the Dow continues to drag losing 121 yesterday, up 3% this year.

Apple stormed to a record high after unveiling more appealing Ai features on its range of smart phones. Stock rose $14 to $207 valuing the company at $3•176tn knocking Nvidia ($2•974tn) off 2nd place in the most valuable global company stakes. Oracle jumped 8% to $136 after announcing Open Ai deals with Google, Msoft and Amazon. Despite 4Q earnings miss Larry Ellison was bullish on the Co prospects.

GM inched up to $48 after announcing a $6bn share buyback plan in addition to the $10bn buyback of Nov last. GM President L.Reuss sold 50,000 shares of the company stock on June 6 & 10 for a total sale of $2•312m. GM is having a good year up 33% ytd.

In other news the World Bank raised its global growth forecast outlook on back of resilient consumer spending in the US now projecting the world economy to grow by 2•6% this year and 2•7% in '25 & '26, a level well below the 3•1% global average in the pre covid decade.

Morning all.

Chemring inched up 1p to 385

After the defence group won a £65m explosives order from Northrop Grumman. Let's hope MSi are getting a slice of the defence pies being dished out globally.

Despite buys outpacing sells yesterday (never a measure to depend on for investment decisions) the shares fell 30 and some way off record intra-day highs of 1085.

As ever but a snapshot in time and as more traders are attracted here pre the f/y nos expect more volatility in the coming few weeks. Support looks to be c.950-1000p in the short-term. Above that it's anybodies guess.

As a reference point last year's PBT was £5•08m on revenues of £84m. I'd expect the upcoming f/y nos to be considerably better. At a wild guess pbt of £20m on 17m shares in issue would give 118 earnings per share (20x) which is hardly expensive for a growth stock.

That might be above consensus forecasts of most so easy to work backwards to your preferred number.