Member Info for JohnLewis79

Gundy now holds 778,765 shares c.2•55% of the outstanding. His salary is lumped together with other Directors at £5•718m. The major iis must think he's doing a good job and so far under his stewardship the shares have performed o'kish on a 3 month view.

Over 1 year not so but we know the circumstances so hardly a fair comparison. I think in a years time if the shares are not considerably higher investors might have cause to complain. So far so good imo.

Traders on the street were reluctant to make signficant moves ahead of several key events later this week. The Fed's monetary policy meeting and release of US consumer price inflation data will keep traders honest.

Stocks showed a lack of direction during trading extending the lacklustre performance of the previous 2 sessions. Despite the choppy trades the Nsdq & S&P hit record closing highs.

Nvidia added $0•90 after splitting on a 10 for 1 basis yesterday closing at $121•60. Nvidia was among the 10 most expensive S&P components by share price (those over $1000) but now trades in line with the S&P median $118 a share. Some investors think the stock will soon be included in the blue chip Dow index.

Gold slid on USD strength and news of ECB & BOC cuts in rates. Sentiment was also hit as China's Central Bank paused its buying splurge on gold. However gold's safe haven value continues to support gold around $2300.

Nyse data

Issues 2890

Advances 1402

Declines 1403

U/c 85

NH 67

NL 59

T/vol(bn) 3•6

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

DJ +69 (38,868)

SP +14 (5361) (R)

NS +74 (19,075) (R)

R2 -6 (1290)

WTI $78

10ytb 4•451%

-----------

MSCI(W) u/c (3482)

Gold Bugs +4 (267)

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

Latest :- Vix 13. Brent $81.

Gold $2303. Copper $4•512.

Palm $1020. Silver $29•305.

$1•274. €1•187.

FF +4. DF -53.

Morning all.

Bit of profit taking early on by skittish pis, no bad thing to take a profit while you can. I'd be interested if the shares fell anywhere near 900-950 which is a possibility on any Aim share that's had a run up like MSi recently. I watch and wait.

Stronger than expected jobs growth (272,000 jobs created) in May and an unexpected uptick in US unemployment nos set Asian mtkts on a down path in morning trade as hopes of a Sept rate cut faded. These 2 pieces of news prompted a $40 sell off in gold. Not helping was news that the People's Bank of China reported it did not buy any gold last month for the first time in 18 months.

However Japanese stocks which are up 16% this year bucked the trend trading over 200 higher at the morning break led by heavyweights, motors and financials after Japan's GDP fell less than forecast in Q1. Exporters Sony, Panasonic & Sharp were chased higher as buyers returned to the retail sector.

Elsewhere markets in China HK & Taiwan are closed for the Dragon Boat Festival held on the 5th Day of the 5th month of the Chinese Calender. This is celebrated by staging boat races and eating rice dumplings called zongi which were southern Chinese traditions beloved by then Prime Minister Chu during the Warring States Period 600 B.C to 200 B.C.

Sydney is on a day off for King Charle's 111 official birthday celebrations. Pacificas are flat to lower in directionless trade with Malaysia the best performer, a rare event up 11% ytd and just short of a 52wk high.

Latest :- Vix 12. Brent $80.

Gold $2296. Copper $4•459.

Palm $1035. Silver $29•250.

$1•271. €1•182. 10ytb 4•451%

FF -52. DF -8.

Morning all.

Hi pharmhall you have certainly been in a hell of a lot longer than myself and well done for getting in early! I first looked at the company in early 2021 when the stock was in the low 100's as one to watch and that's what I did. Sat there sucking my thumb as the shares motored up.

I kid myself I got sidetracked into a 'bluesky' W.African gold miner which has yet to pay its way and is costing me money for my hesitancy.

I eventually woke up and started buying MSi at 390-410s..... cashing in my chips in a couple of my others to add here. My avc is up some but a double bagger is on the cards. That decision has paid off very well for a change! I certainly intend to hold for the next few years as a bid for the company or the defence division or a wholesale restructure cannot be ruled out.

I'd be surprised if we don't hear more on this at the F/Y statement as its an obvious concern for shareholders not that we are in a position to do anything about the current state of affairs being minority holders, very much dependent on the board to seek the best outcome for all.

I'd be more than happy for Nicholas Bell to take over full control as I'm sure he has able lieutenants and will have intimate knowledge of the business. He's in a very enviable position to make his mark if given a chance. I'm assuming that's his intention.

I'm sure the other major holders will support him. It's going to be an interesting few years!

Nicholas Bell joined MSi in Oct 1999 an was appointed to the board in 2013. Currently he is MD at MSi-Forks.

Nyse data

Issues 2886

Advances 771

Declines 2028

U/c 87

NH 54

NL 57

T/vol(bn) 3•7

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

DJ -87 (38,799)

SP -6 (5350)

NS -20 (19,001)

R2 -14 (1296)

WTI $75

10ytb 4•439%

-----------

MSCI(W) -11 (3479)

Gold Bugs -19 (263)

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

Close :- Vix 12. Brent $79.

Gold $2293. Copper $4•447

Palm $1035. Silver $29•270.

$1•272. €1•177.

Yen 157. Yuan 7•25.

FF -29. DF +5.

Morning all.

It's been a very good few days since the Spring Bank Holiday.

MSi shares getting a boost on renewed investor interest heading to the F/Y nos due shortly.

News of mounts being fitted on Malaysia's new small surface combat ship and a further 4 FPB-98 Mk 1 fast patrol boats being delivered to Ukraine making 12 since May 2023 (8 more to go) is confirmation of MSi keeping customers and gaining new revenue streams from the Pacificas which could be a source of revs for years to come.

A decent uplift in volumes and bargains dealt saw the shares close up 60p on the week and 23% on the year so far.

MSi

Wk 23

-----

Sp 1060-1075

L/y 600

H 1060

L 493

7/88 113

--------

Deals 114

T/vol 90700

Buy 51500

Sell 39200

Buy % 57

Av 796

---------

Ytd

MSi +23%

100 +6%

250 +4%

All +7%

Aim +4%

---

Evening all.

Fair point Tav but sometimes I feel a bit of 'trumpet blowing' is warranted.

Nyse data

Issues 2885

Advances 1296

Declines 1500

U/c 89

NH 97

NL 30

T/vol(bn) 3•6

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

DJ +79 (38,886)

SP -1 (5353)

NS -14 (19,021)

R2 -8 (1311)

WTI $76

10ytb 4•302%

----------

MSCI +6 (3490)

Gold Bugs +10 (282)

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

Latest :- Vix 13. Brent $80.

Gold $2382. Copper $4•657.

Palm $1060. Silver $31•320.

$1•279. €1•174.

FF +10. DF +70.

Morning all.

Good communication between the board and shareholders is a prerequisite imo. MSi don't cover themselves in glory on that score (only 2 inconsequential announcement in 6 months).

Zzzzzzz.

No doubt behind the scenes major holders are being kept in the know. So if your the type of shareholder who needs constant news flow and hand holding look elsewhere for your fix.

MSi are by no means the only company to be slow coming forward which doesn't surprise me as unless the major holder owns the company and can do as he pleases keeping other OWNERS up to speed is in his remit. I had a list of companies that treated shareholders in an offhand manner but have misplaced it you might have been one of them?9

Pis tend to get edgy if there's a lack of communication. The nos are one thing having quantitative evidence about market opportunities is very important as are the qualitative capabilities of the management. Combine the two and you have a happy band of OWNERS!

I guess we'll have to rely on the shares going up on the hopes the jobbers have called it right! As ever we won't know the 2 most important metrics, ROCE & EPS.

Fingers crossed.

Bill goes ex-dividend today (record date 7/6). Qualifying holders will be paid on 2/7.

Yesterday the 500 and Nsdq both posted record all-time highs. The rally especially among big tech FAANG stocks sent Nvidia soaring above Apple into the 2nd most valuable global company behind Microsoft.

Nvidia's mrkt cap hit $3•011tn and has doubed in value this year after tripling last year on back of soaring demand for it's semiconductors which power Ai applications.

While Nvidia scores well on mrkt cap bragging rights in terms of earnings it lags Saudi Aramco (1), Apple (2) and Microsoft (3) by not being in the top 300.

There were other happenings in the mrkt Hewlett Packard ($36) topped the benchmark index with a 12% rise forecasting 3Q revs above Street estimates but Dollar Tree ($114) reversed earlier gains slipping 5% after a disappointing Q profit forecast.

Intel ($31) gained 2% after Apollo Global Management agreed to buy a 49% equity interest for $11bn in a joint venture and Crowd Strike ($342) jumped 10% on 2Q forecasts for revs & profits way above estimates.

Nyse data

Issues 2883

Advances 1857

Declines 945

U/c 81

NH 100

NL 47

T/vol(bn) 3•6

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

Latest :- Vix 13. Brent $79.

Gold $2368. Copper $4•649.

Palm $1040. Silver $30•530.

$1•279. €1•175.

FF +24. DF -16.

Morning all.

The final 9p dividend won't be paid till 9/9/2024. Cheers I'll be deed by then!

Positive cues from Wall St overnight saw a mixed reaction from investors in Asia this morning. As global yields ease and optimism over data showing weakness in the labour market should encourage the Fed to lower rates in Sept by 0•25 basis.

The Bank of Canada and the ECB are scheduled to make monetary policy announcements today and Thursday with crucial US jobs data on Friday. In April softer than expected labour mrkt data saw job openings fall to their lowest level in 3 years.

On Wall St stocks fluctuated over the course of the session before eventually ending higher the Dow up 140 points. Honeywell, Boeing and Cisco topped the big boards 21 gainers. Going down Dow inc, JPMC & 3M Co. Stocks in real estate and consumer staples sectors advanced while materials and energy were the bigest losers.

Megacap techs moved higher, Nvidia yet again leading the pack to another record close up $14 to $1164. Holders can look forward to a 10 for 1 stock split in June, investors will receive 9 additional for every 1 owned. The company had previously done a 3 for 1 split in 2021. This won't effect the company valuation but will increase the shares in circulation. As of today the outstanding stock is 2•468bn.

Oil giants Exxon and Chevron fell back as demand concerns weighed on crude prices. Bigest loser was Bath & Body Works ($45) off 7% and Paramount Global ($12) Shari Redstone's family owned company fell 4% after the media conglomerate confirmed that terms to merge with Skydance in an $8bn deal have been agreed.

Total volume of shares traded across US exchanges was 10•6bn below the 20 day average of 12•6bn.

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Nyse data

Issues 2888

Advances 1093

Declines 1729

U/c 66

NH 69

NL 54

T/vol(bn) 3•7

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

Latest :- Vix 13. Brent $78.

Gold $2341. Copper $4•543.

Palm $1030. Silver $29•820.

$1•277. €1•174. 10ytb 4•345%

FF +48. DF +85.

Morning all.

Ftse All Share ranking index (unofficial guide) as at close on Friday 31st May 2024).

1) Astra Zeneca £188•9bn

2) Shell £181•6bn

3) HSBC £132•7bn

4) BHP £117•5bn

5) ULVR £106•9bn

508) MSi £165•7

620) Jangada Mines £3•4m

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

At the bell investors sold into Friday's rise believing the 2 year tech 8000 points resurgence is running out of steam. The Nsdq 100 slipped to a low for the day at 18,393 before ending 64 better. Taking money off the table being the prudent play, the Dow slid over 400 by lunch. Having overcome technical glitches that quoted Berkshire Hathaway "A" down 99% at one time and misquoted 40 other stocks, play was suspended for a couple of hours.

The Dow clawed back most of its losses in the final hour to end a volatile session down 125. Only 11 of the big board 30 rose led by yoyo stock Boeing, Merck and Amazon. Propping up the laggards Cat, Chevron and Dow inc. Nvidia immune to the gyrations of other techs added $53 to $1150 an all-time high. At $2•828tn Nvida is pressing Apple for the no 2 most valuable global company spot.

Making the headlines GameStop the worlds largest video game retailer's shares surged 35% to $28 after celebrity Keith Gill (aka Roaring Kitty) posted a screen shot of his $116m position. The post revealed he holds 5,000,000 at an avc of $21•27 plus 120,000 call options worth $66m set to expire on June 21st.

GameStop is up 87% this year but off its historic high of nearly $70 when Roaring Kitty fans took on the Wall St short sellers in a fight to the death causing hearings on Capitol Hill back in 2022. Neither Mr Gill or GameStop responded to email's seeking comment.

Elsewhere AMC the other one time wonder stock rose 13% to $4•91 on re-ignited interest in meme counters. Some of the bigest moves came in heavily shorted stocks, Koss Corp, Vin Autos, Tupperware & Blackberry which are susceptible to short squeezes. Back in 2021 AMC traded as high as $250 spurred on by Robin Hood punters before imploding.

Waste Management Co reported it would buy the Illinois based medical waste firm Stericycle in a $7•2bn deal. WM will acquire the outstanding shares for $62 in cash and assume c.$1•8bn of debt. Stericycle stock gained $8 to $59, WM lost $10 to $200.

At the losing end of the Street Hertz Global ($4) sank 5% after the Chief Operating Officer Alexandra Brooks decided to stand down. Coming in as new CFO Scott Haralson ex Spirit Airlines will join Gil West (CEO) another airline industry veteran to run the company. Attempting to sort out Hertz who lost a bundle on a fleet of Tesla EV models which plummeted in value after Tesla slashed prices, has left the management with hefty fleet repair bills, crushing debts and Q1 losses of $392m.

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Nyse data

Issues 2890

Advances 1317

Declines 1491

U/c 82

NH 133

NL 50

T/vol(bn) 4•0

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

DJ -115 (38,571)

SP +6 (5283)

NS +64 (18,601)

R2 -6 (1326)

WTI $74

10ytb 4•411%

-----------

MSCI(W) +8 (3453)

Gold Bugs u/c (280)

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

Latest :- Vix 13. Brent $78.

Gold $2348. Copper $4•667.

Palm $1040. Silver $30•815.

$1•281. €1•174.

Stocks markets across Asia have started the week on a strong note only Shanghai and KL in the red after US CPI nos came in line with April estimates and core prices edging higher less than thought. Boosting sentiment was a strong rebound on Wall St on Friday for the 30 & 500.

Japan is significantly higher at the mid session trading at 38,940 up 450 points led by big exporters Canon, Sony and investment bank Nomura.

Motors were sold off Toyota Honda and Mazda down c.2%. Advances are seen across the sectors particularly among second liners, Mercari, Nissan Chemical and Sumito Pharma.

In economic terms Japan's manufacturing sector bounced back into expansion territory in May.

In Sydney the ASX200 bounced 90 soon after opening recouping Fridays losses as miners, energy and financials were on buyers lists. Oils are mostly higher with Beach Energy and Santos up 1% each along with Origin and Woodside. In techs Appen & Zip are 2% better.

Among goldies Gold Road Resources and Resolute Mining are off over 2% while heavyweight Newmont Corp disappoints with a 3% ytd gain at $42 way below its historic $86 high in 2022. Gold prices failed to hold $2350 falling to a low of 2320. Most analysts reckon the risk is to the upside in the short term. Gold is trading $6 lower at $2318 in early dealings.

Latest :- Vix 13. Brent $81. Gold $2320. Copper $4•618. Palm $1050. Silver $30•390. $1•274. €1•174.

FF +64. DF +91.

Morning all.

BBC2 this afternoons main film "The Longest Day" featured James Bond and Goldfinger in bit parts within 10 minutes of each other!

Follow on film "Goldfinger" how weird was that?

That b****y woman on lse who keeps popping up everywhere I go can console herself as she must be the most cursed deleted woman in stock mrkt history!