Member Info for JohnLewis79

At the latest count Directors and major holders hold 74•5% of the Brighton Pier outstanding equity. Cool hand Luke holds 10•062m (26•99%) with Soros Fund Management no slouches when it comes to investing picking up 5•568m.

At the half way stage buys are outpacing sells by 1•3:1 on 80 (37) trades dealt. Shares down 25 on last wks close of 1005.

There's no stopping the Dow up over 250 by lunch investors have got the bit between their teeth. Shares of Salesforce and Amgen are propelling the rally today contributing around 30% of the Dows advance to fresh all-time highs along with the S&P 500 breaking 5300 for the first time.

It was the first time all 3 indexes closed at record highs on the same day. Many expect the Dow to sail through the 40,000 milestone shortly. Mega caps were led higher by Nvidia ($952) up near 4% but leading the S&P gains was Super Micro Computer with a 16% advance to $954.

All eyes were on April's CPI nos expected to show a 0•4% month on month rise matching March nos and in line with forecasts. Annual inflation moderated slightly the headline CPI y-o-y rate to increase 3•4% in April. The nos were as expected, no surprises. In a separate report US retail sales showed no growth in spending in April which could be seen as a positive to reduce upward pressure on inflation.

Stocks making the bigest moves pre mrkt opening included AMC the cinema chain and GameStop a leading video game retailer. Subsequently both fell back near 30% each as AMC announced it will issue 23m shares to wipe out $169m of debt in a debt for equity swap. Leading the big board risers included Apple, Msoft & Big Mac. Heading south were Boeing, Nike & Amazon.

Nio a Chinese EV maker launches a cheaper rival to Tesla. Deliveries for Onvo will start in September and be priced around $4000 less than Tesla's Y model. Chinese EV cars will be subject to 100% import tarrifs and the stock price in Nio pulled a swift near 8% about turn to $5•34 on the news.

Cisco Systems ($49) will report after the bell today and Disney will lower marketing expenses for its Disney + streaming service as it seeks to make a profit in that business. The shares ($103) were down near 3% the steepest decline on the Dow 30 big board.

Nyse data

Issues 2886

Advances 1977

Declines 845

U/c 64

NH 286

NL 12

T/vol(bn) 4•4

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

DJ +350 (39,908)

SP +61 (5308)

NS +274 (18,597)

R2 +5 (1346)

WTI $79

10ytb 4•326%

-----------

MSCI(W) +37 (3472)

Gold Bugs +3 (277)

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

Latest :- Vix 12. Brent $83.

Gold $2390. Copper $4•984.

Palm $980. Silver $29•860.

$1•269. €1•166.

FF +32. DF +72.

Morning all.

Those of you who like a bet will know Simon Cawkwell aka Evil Kneival of Master Investor tipped 'Passenger' in the Prince of Wales Stakes (day 2) of Royal Ascot at 6/1. Now priced at 5/2f which is way too skinny for me. So a watch not a betting proposition.

Dunno what's up with Google sp's even on delayed 15 mins trades they are way behind! C'mon get a grip ffs!

The Nsdq hit a record closing high yesterday adding 124 to 18,328 as Fed Chair Powell said he did not expect the Central Bank's next move to be a rate hike. Due in part to US producer prices increasing more than expected in April as the cost of goods and services rose sharply.

On the political front Pres Biden unveiled a bundle of steep tarrif increases on Chinese imports including EVs, computer chips and medical products. The Chinese Govt has yet to respond.

Among the S&P's 11 major sectors consumer staples was the bigest decliner while tech gained the most up nearly 1%.

Shares of Google ($171) closed up 0•7% on increasing use of Ai and improvements to its search engine. Home Depot ($345) fell as consumers switched to low priced ticket items while US listed Alibaba ($82•65) ticked up late on despite an 86% drop in Q4 profits. FAANGS were broadly ahead on the day though Netflix ($613) was off $3 but 31% ahead this year.]

On the big board 13 stocks declined led by Visa, Coca Cola & Walmart. Heading the risers JPMC, Boeing and Intel.

Investors are becoming more 'picky' about which stocks to support while inflation persists above the 2% Fed preferred rate.

Among second liner meme stocks, GameStop extended its recent rally ending 60% up at $48•75 after flag bearer Roaring Kitty posted on X.Com for the first time in 3 years. Other highly shorted stocks also gained, AMC Ent jumping 32% to $6•85 and Koss Corp up 41% at $6•15.

Nyse data

Issues 2881

Advances 1874

Declines 938

NH 159

NL 14

T/vol(bn) 4•8

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

DJ +126 (39,558)

SP +25 (5247)

NS +124 (18,328)

R2 +14 (1340)

WTI $79

10ytb 4•443%

-----------

MSCI(W) +14 (3435)

Gold Bugs +3 (274)

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

Latest :- Vix 13. Brent $83.

Gold $2358. Copper $5•062.

Palm $960. Silver $28•850.

$1•259. €1•163.

FF +37. DF +25.

Morning all.

UK companies that are listed among the top 500 global firms by Mrkt cap/value.

47) Shell

79) HSBC

104) ULVR

143) BP

168) GSK

210) Santander

213) Diageo

266) BAT

312) LSE

362) BAE

381) Compass

435) RR

452) Lloyd's

458) Prudential

483) Reckitt Benckiser

485) Barclays

There's a write up in the Daily Mirror this morning on the Brighton Pier. Apparently people are up in arms about the £1 charge to enter the pier.

Typical DM bull****. In this day and age noone begrudges a £1 coin fee.

Nyse data

Issues 2980

Advances 1460

Declines 1326

U/c 104

NH 154

NL 18

T/vol(bn) 4•3

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

DJ -81 (39,432)

SP -1 (5221)

NS +37 (18,199)

R2 +2 (1326)

WTI $79

10ytb 4•487%

-----------

MSCI(W) +1 (3421)

Gold Bugs -2 (271)

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

Latest :- Vix 14. Brent $83.

Gold $2343. Copper $4•787.

Palm $980. Silver $28•670.

$1•255. €1•164.

FF -12. DF +9.

Morning all.

Indeed crooty! I'm hoping to go to Brighton races shortly trains and time permitting will have a stroll down the Pier. I look forward to any news you glean from your talks with the CEO and CFO. The shares have outperformed since the sell off post results last Wednesday and have a lot further to go imo despite a tight mrkt this is a good entry point for any new investors.

Good post Pharmhall I was pleased to see some half decent selling yesterday

down to 950. Good 2 way business is always preferable to one way traffic. At this sp level it's bound to happen. Vols were respectable at nearly 17,000

traded which is about average for a Monday, sells outpacing buys by 2700.

There must be quite a lot of churning going on as the MSi free float is tiny and sellers & buyers are easily accommodated. As to the succession I doubt the Bell family want to relinquish the reins just yet as all the divisions are performing very well. I'm more than happy to see them steer the company to greater heights through this and next year.

Sp gains are meagre to say the least but that's okay by me as I'm looking 60 seconds ahead to make a buck. I jest of course it's 90 seconds. Anyways you have all read the financials so it's ante up time to join the club. Expect volatility from a thinly traded stock which shouldn't deter you from adding to your portfolio. As with many investments you have to be a believer and look over the horizon not the saucer.

Afternoon all.

Added a few more. I like direction of the company and expect more good news down the pier!

No long'term holders is going to be slightly interested in the current tree shake by the jobbers. It's all too obvious. Pick out a Netflix film and ignore the passing trade.

Posters on advfn have been talking about opportunities in the VR Realm of businesses in particular a London venue (Sandbox) turning over £400,000 fcf a month. I know zilch about VR but no doubt the board is up with events. Seems an easy add on to the golf division.

If you were invested in MSi back in July 1988 when the share price was 113 your sitting on an 892p gain or 789%. For most of us we were looking elsewhere. For sure it wasn't all roses for the stock was moribund through 1992 to 2004 never breaking 100p. That was when investors needed to hold tight which must have been a very frustrating period. I suffered a similar 12 year experience back in the 80's from which I luckily escaped with my sanity and cash made whole.

It wasn't until 2007 that MSi stock showed signs of life hitting 290 then side-tracking through to the 2020 low of 112. From that point on its been up, up and away as the company began to win defence orders from the US Navy the MOD and o'seas customers.

Since then it's been a startling run with many forecasting above average returns in the years ahead as the company gains traction in the Far East. The Pacificas being a source of new revenue streams for MSi gun mounts on MGBs.

With a 12% ytd gain many consider the company sp is under valued on an ev basis let alone a p/e ratio or return on cap. For sure this leaves room for the Company to disappoint but I feel though the sp graph looks ready to topple over the basic nos will support a continuing upward move as long as the order book fills up and cost of doing business is under 20%.

Many of us who got in at the 300s and higher are sitting on substantial gains and must be tempted to realise profits or at least trim gains. I have resisted and been a persistent buyer all the way up to 800 and intend to hold tight for the 3%+ dividend, excellent eps nos, cash in Bank and improving outlook through '24/'25 and beyond.

Currently I see no reason to sell despite having most of my cash in MSi I'm bucking every investment "don't do!!" So I'm not diversifying fearing I would just di-worsify.

Its a mixed picture in Asia this morning after softness in the US Labour mrkt raised hopes the Fed will cut in Sept. Traders await crucial inflation data this week.

In Australia the ASX200 is off 18 points with falls in Banks and Miners. Tokyo trades 100 down on weakness in tech, motors and properties with volume business below average. In currencies the USD is trading in the 155 yen range.

Elsewhere Hong Kong is seeing renewed interest in the battered property market the Hang Seng up 90 at mid session and at an 8 month high. Sentiment was boosted when news emerged that Beijing may scrap a dividend tax on HK listed shares for mainland investors.

In Shanghai the Comp and Shenzen bourses plan to cease displaying real-time figures on buys or sells through trading links with Hong-Kong, in order to shore up confidence by removing a potential source of negative data. Details will be provided only on a daily closing basis. At mid session Shanghai is off 5.

Latest:- Vix 13. Brent $82.

Gold $2352. Copper $4•663.

Palm $1030. Silver $28•335.

$1•252. €1•163. 10ytb 4•498%

FF -14. DF +18.

Morning all.

Ftse All Share Index Ranking (unofficial guide) as at 5/2024

1) AZN £191•7bn

2) Shell £190•2bn

3) HSBC £132•7bn

4) BHP £116•3bn

5) ULVR £107•2bn

100) Hiscox Ltd £4•1bn

200) Playtech £1•5bn

300) Serica Grp £715m

400) Mears Grp £360m

510) Msi £164•1m

617) Future Metal NI £7•1m

Nyse data

Issues 2882

Advances 1292

Declines 1497

U/c 93

NH 217

NL 24

T/vol(bn) 3•7

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

DJ +125 (39,513)

SP +9 (5223)

NS +48 (18,161)

R2 -5 (1324)

WTI $78

10ytb 4•502%

----------

MSCI(W) +9 (3420)

Gols Bugs u/c (273)

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

Close :- Vix 13. Brent $83.

Gold $2360. Copper $4•652.

Palm $1030. Silver $28•395.

Yen 156. Yuan 7•23.

$1•252. €1•163

FF -18. DF -15.

Morning all.

Brilliant end to a terrific week for MSi with volumes way above the weekly average despite being a day short. On a shortened weeks trading the shares blew past 1000 on a big increase in bargains dealt.

I wonder where all this renewed interest is coming from? Can it purely be the Defence Sector which has been widely reported by all and sundry?

Volumes were little impacted due to Easter Monday though today an off book trade of 15,850 carried over from yesterday flattered early vols. Trades shot up late on in the session to close at their best of the day with many "1000" individual trades crossing the tape.

Who knows had MSi been a 250 stock the share price might well have been over 1500 by now.

Wk 19

-----

Sp 990-1020

L/yr 443

7/88 113

----

Trades 129

T/vols 87,800

Buys 50,850

Sells 36,950

Buy % 59

Av trd 670

------

Ytd

---

Msi +15%

100 +9%

250 +5%

A/S +7%

Aim +3%

---

Gold +14%

Oil +8%

Palm +6%

----

Evening all.