Member Info for JohnLewis79

Excellent post Roger! Sooner or later investors will see value.....as long as they buy and hold. I agree the board must be looking at exiting the problems of building on their solid foundations. New blood and ideas are much needed! Let the 'old boys' take a well earned retirement, safe in the knowledge they haven't left a piggy in the pork.

Yup agree 100% pharmhall. Moves down tend to be exaggerated among Aim small caps due in part to the wide spread of c.50p+. Shares look better this morning but as ever its the close that matters. Relying on deal volume to move the share price rarely works.

Positive newsflow is crucial among the little known Aim micro caps and as you say holders here are pretty much starved. Don't know why MSi are reluctant to blow their own trumpet so let's hope Shore Cap will do it for them! Anywhere near or below 1000p I will sell my house to buy.

Are shares in MSi headed below £10.00? The stock has seen little buying of late and look in need of a blood transfusion! At yesterday's close (1180) the shares are trading c.40%+ below fair value mostly due imo to Trump's constant interference in US mrkts which overspill into UK equity sentiment. Despite flat H/Y nos which were well trailed the shares are down 17% ytd.

The dividend per share growth is around 18% and eps are rising at 27% with ROCE at 30% (nos variable according to where one looks). That's impressive for a company's share price apparently on life support. While the nos tell a different story the jobbers are more than happy to accumulate for the longer term.

Investors have to decide whether Mr Hall's view of the companies prospects..... looking the best he can ever remember..... are on the money or just wishful thinking, is for us to decide. I'm going with the former.

Asian mrkts are trading higher today after Wall St rose strongly overnight. The 225 is nearing 1000 points better. Trump's speech at the World Economic Forum where he ruled out the use of force to take control of Greenland calmed the mrkts. Trump said he would not go forward with tariffs he had threatened to impose on some European Nations as he and Mark Rutte had reached a 'deal' framework to suit both.

Gains across mrkts were also fuelled by a surge in tech giants share prices as the Ai trade roared back into the spotlight after Jensen Huang said the sector needed "millions of dollars" more investment. Leading the pack Intel put on $12 to $54 followed by Sandisk, Teledyne and Western Digital.

Fallers were led by Apple off $4 at $248. Apple is by far the largest US tech stock valued at $3•6tn and No3 on the global list by mrkt value overtaken by Google into the No 2 spot valued at ($3•9tn). Other decliners inc Oracle ($174) off 3•4%, Msoft, Netflix and Palantir. Capital has been flowing out of high growth techs into cyclical sectors and healthcare. On the Dow 24/30 stocks rose led by Amgen, Nvidia, Nike & UHG. Heading down Msoft off $10 at $441 led the decliners with P&G, Visa & JPMC trailing behind.

Gold & Silver which both hit multiple records this week fell back as worried traders took profits. Gold had hit a record $4888 and Silver $93•100 yet traders in Asia extended their falls on Wednesday. Warren Buffet once said about gold "it does nothing but just look at you".

Nyse data

Issues 2837

Advances 2179

Declines 582

U/c 76

NH 250

NL 35

T/vol(tn) 1•35

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

DJ +589 (49,077)

SP +79 (6876)

NS +339 (25,327)

R2 +41 (1588) R

WTI $61

10ytb 4•256%

----------

MSCI(W) +31 (4470)

Gold Bugs -13 (835)

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

Latest :- Vix 17. Brent $65.

Gold $4821. Copper $5•797.

Palm $1017. Silver $94•000

$1•343. €1•149.

FF +70. DF +31.

Morning all.

Buys v sells roughly 50:50 this morning. But sentiment seems to be against buyers. Unfortunately im tapped out after recent buys of Jet2 and more MSi. I can only watch and wait hoping the finals will exceed expectations.

At 1220p (c.11%) drop today looks overdone to me. Time for Shore Capital to start earning their coin!

.........I'm now pleased to report Shore Capital has now been given a more extensive and proactive brief to effect the increased investor interest in the Co.....

(M. Hall Chairman 14/1/2026). Sp 1400.

Currently 1230. A job well done!!

Trump has threatened to impose new tariffs on several European countries beginning Feb 1st if they opposed his attempt to purchase the Danish territory which he claims is imperative for America's security. Trump said the tariffs would be increased to 25% from June 1st until a deal is reached for the US to buy Greenland.

Meantime investors decided to dump stocks which showed a big move to the downside as all the major averages fell, closing near their worst levels of the day. Gold jumped $119 to $4885 a new intra-day record. Silver also posted new price highs of $94 as the Vix index (20) spiked 20 points to its highest close since Nov'24.

Only 8 DJ stocks ended in the plus column as bonds and equities underwent a broad sell off, with 80% of its components showing declines. The gainers were led up by UH group, Coca Cola and Merck while 3MCo off $12 to $156 led Apple, IBM & Nvidia lower.

Of note Netflix ($87) was a big mover falling 5% after the streaming giants Q4 revs increased by 18% y-o-y. Yet concerns over future growth led to a 5% drop in after hours trading. The company reported 325m paid subscribers after buying Warner Bros & HBO. Of 38 analysts covering Flix 27 say buy, 9 recommend hold and 2 are sells.

Nyse data

Issues 2845

Advances 610

Declines 2170

U/c 65

NH 110

NL 61

T/vol(tn) 1•33

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

DJ -870 (48,489)

SP -143 (6797)

NS -542 (24,988)

R2 -23 (1547)

WTI $61

10ytb 4•280%

-----------

MSCI(W) -71 (4438)

Gold Bugs +46 (848) R

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

Latest :- Vix 20. Brent $64.

Gold $4861. Copper $5•847.

Palm $1002. Silver $94•025.

$1•344. €1•147.

FF -12. DF +50

Morning all.

MSi are down 13% so far this year. Investors took against Mr Hall's delayed H1 report where the nos showed no increase in turnover or profits. The mrkt duly exacted their revenge.

Much better is expected this year and I'd be surprised if the F/Y doesn't comfortably exceed £23m and eps of 90, assuming no delays in revenue recognition. At 1245 it won't take much to tank the stock sub 1000p last seen in May '2025.

As ever you take a fair bit on trust when investing among Aim tiddlers. But the company is profitable pays a reasonable dividend and the outlook is positive. Imo long termers should consider adding. What more can one say apart from isn't it time we moved off Aim to get more exposure to funds able to invest in growing small company stocks?

T/bills joined a sell off in global bonds amid concerns about fiscal spending, geo political tariff threats and the impact on demand for US assets. Both the 10yr & 30yr t/bills climbed 4 basis points in Asia after US mrkts were shut for Martin Luther King day. Bonds also fell in Japan with the 40yr rising 4% as investors demand higher yields to compensate for persistent inflation and rising Govt borrowings.

With Wall closed stocks in Asia are trading mostly lower as reports surface the EU is considering retaliatory actions that would place 93bn euros on US goods or restrict US firms access to its internal mrkts if they do not support the US on the acquisition of Greenland. France is seeking to activate a 'trade bazooka' to block US access to mrkts in the EU as a counter measure.

Stocks in Japan and Australia are markedly lower today as investors react to the bond mrkts and worries over Trump's tariff threat to EU nations. Gold and silver hit record highs on the threat of more Trump interference. Investors often turn to gold during times of crisis and worries over Greenland has fuelled safe haven demand. With no lead from Wall the 225 is down around 600 points near the close as investors snatch hard won gains.

In Australia the ASX200 is 59 lower at 8816 having fallen from an opening high of 8855. Financials and miners led the mrkt down with most investors on the sidelines. The ASX200 closed down 59 points and just 1% up ytd. Shanghai and Hong Kong are little changed in lack'lustre trading. South Korea still tops the global leaders board up 16% to date followed by Taiwan (10%) and Japan (5%).

Latest :- Vix 16. Brent $64.

Gold $4712. Copper $5•877.

Palm $995. Silver $93•840.

$1•344. €1•152.

FF -43. DF -180.

Morning all.

Stocks in Asia started wk4 on the back foot following negative cues from Wall St on Friday where the Dow lost 83 points. Developments in Venezuela, political uncertainties in Iran and the Russian/Ukraine war kept investors firmly on the sidelines. Currently its thought the Fed will cut rates twice more this year. The Fed is meeting on Jan 27-28 to decide on int rates which most traders think they will leave unchanged.

However renewed trade war fears triggered by Trump's threats of tariffs against several European countrie's opposition to his intention to control Greenland for National security reasons saw commodity and stock prices fall.

In Sydney the ASX200 is trading below the 8900 level snapping a 5 day winning streak with weakness across most sectors led by tech stocks. Gold miners were the only bright spot amid rising bullion prices. BHP is off 1%, Fortescue Metals is losing nearly 3% with Mineral Resources up 1% and RTZ flat. In other news Catalyst Metals surged 7% to $9•64 AUD after reporting a new high grade gold discovery.

Stocks on the Nikkei 225 were trading significantly lower at 53,400, as motors and Techs were sold by traders and private investors. Honda and Toyota were off 3% with Nissan down 4%. The benchmark 225 closed the morning session down 525 led lower by Softbank & Uniglo operator Fast Retailing. The 225 hit the low for the day at 53,091 before ending down 390 at 53,546.

Commodity prices continued their record run with gold up over $70 to $4668 a new intra-day high. Central Banks are buying gold as a hedge against falling currencies and prices are up over 6% in January. Frenetic buying in China and India support US investors who can now buy gold and silver at their local Costco Wholesale.

Latest :- Vix 16. Brent $64.

Gold $4671. Copper $5•194.

Palm $993. Silver $93•435.

$1•339. €1•152. 10ytb 4•22%

FF -40. DF -338.

Morning all.

Corporate earnings offered some bright spots last week but ultimately the start of 4Q reporting season wasn't enough to push stocks higher on the week. On the year so far all the 'big 4' are ahead led by the Russell 2000 up 7%. It is hoped Trump's deregulatory agenda will deliver a boom in M&A activity which has the largest backlog of deals since the pandemic.

The Dow index ended on a mixed note with 12 stocks closing better led by IBM gaining $8 to $306, Amex & Honeywell. On the losing side Salesforce fell $6 at $227 followed by Disney and UH Group.

Morgan Stanley and Goldman stood out after upbeat 4 Q results capping Wall's best year for investment banking scince 2022 with the S&P500 banks index up 20% this year. Both companies shares hit record highs. Of the big 5 banks only JPMC reported a decline in fees for the final quarter.

Voters are increasingly unhappy at the way Trump is handling the economy. Around 15% of voters rate the economy as weak and 50% say it has become worse in the past year. Hardly an endorsement of Trump's so called business prowess.

Corporate earnings offered some bright spots last week but ultimately the start of 4Q reporting season wasn't enough to push stocks higher on the week. On the year so far all the 'big 4' are ahead led by the Russell 2000 up 7%. It is hoped Trump's deregulatory agenda will deliver a boom in M&A activity which has the largest backlog of deals since the pandemic.

The Dow index ended on a mixed note with 12 stocks closing better led by IBM gaining $8 to $306, Amex & Honeywell. On the losing side Salesforce fell $6 at $227 followed by Disney and UH Group.

Morgan Stanley and Goldman stood out after upbeat 4 Q results capping Wall's best year for investment banking scince 2022 with the S&P500 banks index up 20% this year. Both companies shares hit record highs. Of the big 5 banks only JPMC reported a decline in fees for the final quarter.

Voters are increasingly unhappy at the way Trump is handling the economy. Around 15% of voters rate the economy as weak and 50% say it has become worse in the past year. Hardly an endorsement of Trump's so called business prowess.

Nyse data

Issues 2832

Advances 1186

Declines 1537

U/c 109

NH 181

NL 33

T/vol(tn) 1•35

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

DJ -83 (49,359)

SP -4 (6940)

NS -18 (25,529)

R2 -5 (1570)

WTI $59

10ytb 4•227%

----------

MSCI(W) -3 (4515)

Gold Bugs u/c (802)

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

Close :- Vix 16. Brent $64.

Gold $4596. Copper $5•848.

Palm $992. Silver $ 89•945.

Yen 158. Yuan 6•97.

$1•338. €1•153

FF +30. DF +4.

Morning all.

Thanx Roger. Very interesting giving MSi more visibility. Sooner or later the shares will rerate to a more sensible multiple!!

F/y nos are only 4 months away and am hoping to at least match last years figures of £20m profits / £117m revenues and eps of 90p. Despite Mr Bell's report on the companies future prospects looking the best he can remember, there was nothing new in sea or land based contracts this year.

MSi are not very forthcoming in this regard so we may be confirming new orders as I write. The shares initially fell 120 before recovering late in the day.

Expect further sp volatility until the sellers have been cleared out and buyers return. The stock is still being hammered with sells outpacing buys by c.10 to 1 and now trade down nearly 100p to sub 1300p. The shares go exd on Jan 22 yielding nearly 2%.

Decided to stick with the 'devil' I know instead of chancing my arm on another stock. I still entertain hopes of a bid coming out of the blue to boost the shares into fair to better value territory. You never know as the company is gaining wider recognition here and abroad helped by Shore Capital's appointment and a recent IC write up.

At 1360p the shares have more upside imo though eps into 2026 look like being lower before rerating higher over 27'/28. Long'term investors won't be much concerned about recent share price falls as its only a day in the life....and operating in a growing sector with great US connections the 'mini conglomerate' conception might grow on me. What's not to like?

US first time benefits claimants unexpectedly dipped in the week ending Jan 10 partly off'setting concerns over the labour market. In the mrkt the four major averages all ended the day in positive territory regaining ground lost in the previous 2 sessions.

The Dow gained 298 hovering just below its next big round nos milestone of 7000 points. However the final push is proving difficult due to geo political flare ups coupled with wild swings in big cap volatility. Major bank stocks bounced the 'street' higher after 2 days of falls while gold ($4610) and silver ($90) slipped from recent highs after Trump signalled a softer stance on Iran.

Chip stocks were the main driver of gains among equities yesterday following strong 4Q nos from Taiwan Semi Conductor. The stock gained 9% to 1740TWD climbing to no 6 in the league of world's biggest companies. Other techs also gained with Applied Materials, ASML Hldgs and AMD all up c.6%.

Holders of Penumbra received a bonus when Boston Scientific agreed to acquire the med device firm for $347 in a cash and stock deal valued at $14•5bn. The take over will be financed out of 73% cash savings and 27% of new issue shares by placing 41m of new Boston Scientific stock.

Among oils Chevron ($167) is expected to ramp up production and restart longer term projects in Venezuela. Chevron will get an expanded US license to operate in the country as soon as next week. Chevron is the only US major oil firm operating in Venezuela, doing so under a special licence. Institutions have been big buyers of the stock with Wall St assigning a 'moderate' buy rating.

Nyse data

Issues 2835

Advances 1864

Declines 897

U/c 74

NH 256

NL 28

T/vol(tn) 1•20

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

DJ +293 (49,442)

SP +18 (6944)

NS +81 (25,547)

R2 +22 (1575) R

WTI $59

10ytb 4•172%

----------

Latest :- Vix 16. Brent $64.

Gold $4604. Copper $5•865.

Palm $973. Silver $90•515.

$1•133. €1•153.

FF -15. DF +90.

Morning all.

Evening Roger. I agree with all you said but think after the MD's comments weak holders will bale out in the coming months with little to look forward to. One needs a reason to hold and atm i see little to entice me. I will have to have a serious rethink about holding MSi for the next 2 years!

The jumbly post is down to lse not me. No way of correction once you have pressed the post button. Not sure how convincing yesterday's recovery from 1280 lows will be

I suspect sellers will cont to have the upper hand despite Mr Bell saying he had never seen so much interest in the companies products. I hope Shore Capital will play a more proactive part in finding new investors.

Wall St stocks saw further falls during yesterday's trading on growing concerns about rising geo political matters. Trump's threats to take control of Greenland, the unrest in Iran and the ongoing Ukraine war kept wary investors with one eye on the exit door.

The 'major' averages regained some ground after an early wave of selling overshadowed an othWall St stocks saw further falls during yesterday's trading on growing concerns about rising geo political matters. Trump's threats to take control of Greenland, the unrest in Iran and the ongoing Ukraine war kept wary investors with one eye on the exit door.

The 'major' averages regained some ground after an early wave of selling overshadowed an otherwise decent day on the Street. Traders took the opportunity to trim equity positions after the recent global rally. Big tech led the way down slumping 276 to 25,466 but the small cap Russell index climbed to a new all-time high of 1552 up 6% ytd.

On the big board 16/30 stocks closed higher led by Merck, J&J, Verizon and Chevron. Closing lower Amazon led the fallers off $6 to $237 with Msoft ($459) & Nvidia ($183) close behind. Bank stocks which are up 25% in the past year fell back as investors turned negative on the sector. BOA slipped 4%, Citigroup 4•5% & Wells Fargo down 5% as Trump threatened to cap credit card interrest rates charged by lenders.

Crude posted solid gains as the probability of the US intervening to end the crisis in Iran raised supply related concerns. Bent was trading at $64 and WTI at $60. Gold typically performs well in periods of low interest rates and heightened global uncertainties, fell back as investors decided to take profits on the 'be safe rather than sorry adage'. Silver ($86) slipped on concerted profit taking after hitting a record $94. Many are setting their sights on the psychologically important $100 mark.

Nyse data

Issues 2829

Advances 1775

Declines 971

U/c 83

NH 210

NL 30

T/vol(tn) 1•30

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

DJ -42 (49,150)

SP -37 (6927)

NS -276 (25,466)

R2 +9 (1552) R

WTI $60

10ytb 4•146%

----------

Latest :- Vix 17. Brent $64.

Gold $4607. Copper $5•963.

Palm $980. Silver $87•900.

$1•343. €1•154.

FF +54. DF +7.

Morning all.erwise decent day on the Street. Traders took the opportunity to trim equity positions after the recent global rally. Big tech led the way down slumping 276 to 25,466 but the small cap Russell index climbed to a new all-time high of 1552 up 6% ytd.

On the big board 16/30 stocks closed higher led by Merck, J&J, Verizon and Chevron. Closing lower Amazon led the fallers off $6 to $237 with Msoft ($459) & Nvidia ($183) close behind. Bank stocks which are up 25% in the past year fell back as investors turned negative on the sector. BOA slipped 4%, Citigroup 4•5% & Wells Fargo down 5% as Trump threatened to cap credit card interrest rates charged by lender

Good point and im sure the board have a card or two up their sleeve should they get a sensible cash offer for the company. Thats a few years away imo however by then we will have been sold/amalgamated

Into a larger business. And we can all retire!