Member Info for JohnLewis79

Buys cont to outpace sells by nearly (4:1) shares down 10 to 845 at close. Stonehage Fleming sold today due to constraints on their 10% holding in any one stock. Norbert on ADVN says they hold 2 x 10% chunks of MSi in their Aim & opportunities funds.

Correction: 30p not %!

It's too early to take a view on where MSi shares are headed this early in '24. Though the bare nos would lead you to believe the shares are being dumped by investors worried that the company will stall on winning further contracts (as some believe), the actual nos paint a different picture.

For your info here's the first 5 days trading volumes. Usual caveats apply as to 100% accuracy due to misleading data at times.

Trades 142

T/vol 86,900

Buys 52,400

Sells 34,500

Buy% 60

Shares -30%

It was a mixed to lower day on the Street in morning deals as blue chips were clobbered by heavy falls in Boeing. But after 2pm the mrkts took a sudden upward surge climbing 250 in the last hour on the back of oversold mega caps. FAANGs led the rebound in Apple, Nvidia, Meta & Google.

Some Boeing Max 737 planes were temporarily grounded by US regulators after an Alaskan Airways Boeing Max 737-9 suffered a door panel blow out leaving a gaping hole in the fuselage. Luckily for passengers the door blowout occured as the plane was climbing after take off and was able to descend safely from around 16,000 ft. The terrifying descent lasted about 10 minutes.

By some miracle there were no casualties outside of the damage done to Boeings reputation which has raised questions over reliability and sloppy maintenance issues. Alaska & United have found loose bolts & other parts on a number of Max 737 planes.

Boeing were down some 8% at $220 propping up the DJ 30 index which was being led higher by big tech at mid session. The Dow off 55 after a near 200 drop on the Boeing news slipped to a 2 week low but recovered late on to end the day up 220.

Nyse data

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Issues 2912

Advances 2143

Declines 704

U/c 65

Tot/vol(bn) 3•7

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Latest :- Vix 13. Brent $76.

Gold $2030. Copper $3•821.

Palm $900. Silver $23•295.

$1•274. €1•167. 10y/tb 4•01%

FF +30. DF -46.

Morning all.

Google MSI- DS available jobs.

MSi-DS (defence systems) are experiencing an exciting period of growth and will shortly embark on a recruiting drive for a wide range of disciplines including engineers, fitters etc... Always a good sign when a company seeks recruits to bolster its workforce as it sends a strong message to mrkts the company us in an expansion phase.

Asia is mostly lower this morning despite US jobs growth data coming in stronger than expected in Dec (216,000 v 173,000 in Nov). Australia is ahead after a weak opening with Gold miners leading the ASX200. Domestic inflation data later this week will be closely watched by investors. Sydney closed down 38 at 7451.

Japan is closed for 'Coming of Age Day' elsewhere HK & SH are lower as are NZ, SK & Singapore. Other Pacificas trade moderately better. While the S&P has had a rocky start to 2014 (-73) consensus is for equities to move higher in Q1. Last year the S&P 500 gained 7% by the end of March and had raced up 16% by the H/Y.

Gold ($2031) is being sold off on worries the Fed is in no hurry to cut rates. A kitco Gold news survey reported 6 Wall St analysts were bullish on gold prices to move higher next week while 1 predicted a drop and 2 were undecided. The USD index is showing considerable resilience on its best start in many years.

Latest :- Vix 13. Brent $78.

Gold $2031. Copper $3•813.

Palm $900. Silver $23•165.

$1•270. €1•161. WTI $73.

FF -28. DF -146.

Morning all.

DJ +26 (37,466)

SP +9 (4697)

NS +24 (16,306)

R2 -4 (1271)

WTI $74

10ytb 4•046%

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MSCI(W) +6 (3121)

Gold Bugs u/c (233)

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

Close :- Vix 13. Brent $79.

Gold $2045. Copper $3•802.

Palm $900. Silver $23•385.

$1•272. €1•162.

Yen 144. Yuan 7•16.

FF -22. DF -16.

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Morning all.

MSi ended wk 1 down 20 at 850-880 depending on where you look. Buys outpaced sells by 1•6:1 (see below for details). Jan is generally considered to be a good month for stocks. According to the WSJ since 1928 the S&P rallied 60% of the time in January with an average gain of 1•2%.

As far as MSi is concerned Jan was a losing month last year down 60p and went on to close Q1 off 140 at 520. This year will hopefully be different. With int rates slated to come down this year consensus is for the ftse to rise to 8160 (6%) by year end.

I have no view on what the ftse will do daily, weekly, yearly or ever.

I just hope I've picked the right stock in the right sector with good fundamentals, is debt free, turns a coin and is run by managers whose interests coincide with mine.

Wk 1

MSi 850

L/yr 665

-------

Trades 109

T/vols c.70,230

Buys c.43,200

Sells c.27,030

Buy c.61%

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

Evening all.

DJ +10 (37,440)

SP -16 (4689)

NS -86 (16,282)

R2 -1 (1275)

WTI $73

10ytb 4•005%

-----------

MSCI(W) -2 (3114)

Gold Bugs u/c (233)

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

Latest :- Vix 14. Brent $78.

Gold $2042. Copper $3•850.

Palm $905. Silver $23•290.

$1•267. €1•159.

FF -45. DF -21.

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Nyse data

Issues 2911

Advances 1386

Declines 1427

U/c 98

T/vol(bn) 3•71

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Morning all.

DJ -285 (37,430)

SP -38 (4705)

NS -175 (16,368)

R2 -35 (1276)

WTI $73

10ytb 3•929%

-----------

MSCI(W) -30 (3116)

Gold Bugs -6 (233)

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

Latest :- Vix 14. Brent $79.

Gold $2047. Copper $3•858.

Palm $895. Silver $23•200.

$1•268. €1•160.

FF +12. DF +62.

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Nyse data

Issues 2879

Advances 782

Declines 2028

U/c 69

T/vol(bn) 3•9

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

Morning all.

DJ +25 (37,715)

SP -27 (4743)

NS -282 (16,544)

R2 -7 (1311)

WTI $70

10ytb 3•936%

----------

MSCI(W) -24 (3145)

Gold Bugs -4 (239)

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

Latest :- Vix 13. Brent $76.

Gold $2064. Copper $3•865.

Palm $905. Silver $23•915.

$1•264. €1•153.

FF -12. DF -22

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

Nyse data

Issues 2909

Advances 1347

Decliners 1496

U/c 66

T/vol(bn) 3•7

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

Morning all.

If you want 'action' on your shares you will have to move up a few divisions to the top tier league. Those of us committed to Aim companies bear a heavier burden of expectations where prices fluctulate on small volumes sometimes for no apparent reason and can often be mis-priced.

During Q1 (wks 1-13) last year MSi fell from 660 to 520 (21%) on lack of interest before falling to a low of 442 on the 25th May (wk 21). Recovering smartly to 570 by end Q2 (wk 26) those 5 weeks provided a wonderful buying opportunity for long'term investors who ignored the slumping share price. I know of several who were filling their satchels.

As we now know Q (3&4) were much better so those who bought on the way down were well rewarded for their loyalty for staying the course. Ignoring the H/Y 10% fall on Aim which never recovered proved a point that 'buy and hold' that often derided strategy of day traders and short termers proved a very good option for those who had 'bottomed drawered' their certificates and waited for the mrkt to come to its senses.

As we know past performance is no predictor of future results so a 30% gain for MSi might be a bear trap awaiting the unwary. For me that's too far off the scale to seriously think about unless a 'Black Swan' event is around the corner. While I believe MSi is well placed to benefit in these troubled times the company will need to keep investors better informed as to the 'newsflow' the life blood of most Aim companies to stop the 'grumbles' from the likes of me!

For sure the board and advisors are well up with events they just need to give new investors a reason to hold MSi stock into the 1000's this and next year as broker notes are non existent. Pencil in 100+ eps for 2024/5 based on winning more Vshorad contracts and further work from the US Navy boosting our order book to c.£200m.

On the 3rd November 2023 the company confirmed the sale of Jet East for $131m. Subsequent to that news shareholders have heard nothing as to how the company intends to proceed particularly on the return of cash to holders rumoured to be c.55p per share.

Usually a company will stipulate that those on the register at such and such a date will be entitled to the cash return. I would have thought on the 3rd Nov RNS the company would have said payment will be made to holders on the register (for arguments sake on 3rd Dec'23) will be entitled to any distribution of monies?

Assuming the company know what they are doing as a fractional owner of Gama I think holders are overdue an explanation as to why the delay and who exactly will be entitled to any disbursement. Will all shareholders be treated equally? Should all holders be treated equally given some may have subscribed at previous placings?

The Japanese mrkt is closed today and likely through until Thursday as the country assesses the damage from the earthquake that rocked central and the west coast of Japan on New Year's Day.

A tsunami warning was issued as waves 3 feet high swept inland. Around 100,000 residents have been urged to leave their homes and seek higher ground. Many people are trapped under collapsed buildings and thousands of homes are without power as roads and electricity pylons have been ripped apart.

The death toll has risen to 30 as rescuers face a battle against time to reach more trapped under collapsed buildings as aftershocks rock Japan's mainland.

Elsewhere in Asia Hong Kong is down 250 points at lunch while others in the region and across Pacifica are all lower. Shares in Sydney buck the trend closing at 7626 just short of the all time high (7633) boosted by strength in financials and banks. Gold is forecast to have a strong start to '24 on seasonal (tailwind) influences and has a 60% positive return in January.

Latest :- Vix 12. Brent $79.

Gold $2074. Copper $3•905.

Palm $935. Silver $24•265.

$1•273. €1•154.

FF +17. DF +83.

Morning all.

2023 close.

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Ftse 100 (7733) +4%

All Share (4232) +4%

Ftse 250 (19690) +4%

Small Cap (6425) +3%

All Aim index (763) -9

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

DJ (37,690) +14%

SP (4770) +24%

NS (16,826) +54%

R2 (1318) +14%

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

TK (33,464) +28%

HK (17,040) -14%

SH (2973) -4%

SHZ (1838) -7%

SK (2655) +19%

TAIX (17,921) +27%

ASX (7578) +8%

---------

Brent ($77) -10%

Gold ($2062) +13%

Palm ($935) -9%

Copper ($3•891)

Silver ($24•025)

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

$1•273

€1•156

Yen 141

Yuan 7•08

--------

WTI ($71) -12%

10ytb (3•8%) u/c

MSCI(W) +18%

Gold Bugs +6%

Vix (12)

------

Final shortened week of the year saw MSi slip 10 to 850-900 on a reduced 37 trades but convincingly out paced the Ftse Aim All-Share Index which ended down 9%.

Wk 52

Trds 37

Vol 32,200

Buy 16,150

Sell 16,050

Aim -9%

-----------

DJ -21 (37,690)

SP -14 (4770)

NS -73 (16,826)

R2 -18 (1318)

WTI $71

10ytb 3•881%

-----------

MSCI(W) -8 (3169)

Gold Bugs -1 (243)

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

Close :- Vix 12. Brent $77.

Gold $2062. Copper $3•891.

Palm $935. Silver $24•025.

$1•273. €1•156.

Yen 141. Yuan 7•08

FF +6. DF -42

-----------

NYSE data

Issues 2917

Advances 782

Declines 2057

U/c 78

T/vol(bn) 3•12

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

BAE Systems rose 6•5p after a news report leaked the companies order book swelled by c.£7bn this year due to the ongoing ME /Ukraine crisis which has increased defence spending by UK companies.

The report revealed that BAE's

order backlog rose from £48•5bn to £55•5bn in 2022 and orders hit a record high £66bn in the first half of this year. The MSCI Global benchmark for the industry's stocks is up 25% over the past 12 months.

While news from Msi remains top secret we have had our successes in '23, though news on our current order book are not known suffice to say I expect to be hearing of new contract orders in 2024. Due to long lead times we need to be winning more business to keep the wheels turning.

It now looks unlikely my 900 (bid) prediction will be achieved but I'll settle for 870p giving me a healthy ROI. With much to look forward to in 2024 I'd be surprised if we don't have a 4 fig share price in H2.

6 months cash in kitty!