Ms Share Discussion Threads

[rivaldo] 27/10/2011 09:26

New product news from MSI-Defence - I like the sound of the "retrofit" capability, but more interestingly the expansion of the market to coastguard and police boats:



As I've said before, with the Somalia/East Africa/pirate angle this type of protection could be a big seller.

[rivaldo] 27/10/2011 07:55

Mike, it's a deliberate policy by the MSI Board of Directors. I get the feeling, having spoken to them in the past, that they're (and this is highly stereotypical!) straightforward Northern English types who simply like to get on with the job and believe (probably rightly) that financial PR etc is all gubbins if you don't produce the right results.

What are the smoke signals here?

- director share buying
- bullish outlook
- cheap fundamentals
- all 3 divisions now trading well, so no laggards

This is a stock for those content to read the RNS's and wait. Assuming MSI deliver again in next month's interims the share price will likely jump another 30p-50p or so almost instantaneously.

[mikepompeyfan] 27/10/2011 07:29

Why is this stock so under the radar ? I cannot find any brokers forecasts or consensus for msi although l can for most far smaller cap stocks. It seems to be completely ignored which l suppose some might say is a good thing. Hopefully the interims will provide some impetus.

[mikepompeyfan] 15/10/2011 05:49

Last year interims were 25th Nov.

[patricia59] 15/10/2011 00:26

Rivaldo. I thought Interim results were out in December!Could do with another order of the enigma from the US Navy, as I believe this is possibly the gun that cost 2mil. as the Seahawk 1 and 2 are smaller guns.

[rivaldo] 14/10/2011 12:48

The share price continues to rise ahead of the interims next month.

Given the bullish trading statement - for all 3 divisions - and the director buying I'm reasonably optimistic :o))

[mikepompeyfan] 10/10/2011 12:25

Another 1,000 bought, another 5p rise !

[rivaldo] 10/10/2011 10:29

Cheers for the IC buy tip Patrica59. I suspect the fast worsening Somalia/Kenya/East Africa pirate situation will be helping MSI in the coming months and years as regards patrol boat and frigate munitions....

[mikepompeyfan] 07/10/2011 18:27

They definitely don't want you to buy these. I had to lower my order to 1,000 to get any this afternoon and while l was lowering it they pushed the price up on no volume.

[patricia59] 07/10/2011 17:28

Rivaldo
Investors Chronicle 17/06/11
MS International's shares lost two-thirds of their value during the recession, but management at the Doncaster based engineer kept faith in the group's diverse range of businesses. It makes naval equipment, fork arms for fork lift trucks and canopies to cover petrol station forecourts - and that faith in the business is now paying off after MS grew profits strongly last year. Most of that progress reflects performance at the core defence division, which generates 60 per cent of revenues, driven by demand for the stabilised small-calibre guns made at the company's factory in Norwich. Navies around the world, including the US Navy, love its 30mm weapons - worth up to £2m each - which are ideal for small patrol boats on the look out for drug smugglers and illegal immigrants. Improvement at the fork arms business towards the end of the financial year has encouraged hopes of a turnaround there. the value of orders now stands at twice that seen a year ago and the forecourts division is also winning new supply contracts.

[cockneyrebel] 07/10/2011 13:50

Pennant breakout

[rivaldo] 07/10/2011 10:08

Moving up on every buy yeaterday and today. Remember there's been recent director buying at 247.5p and 242.5p.

Curious, I don't have additional info to Patricia59's, but I'd say a $29m contract is a pretty big deal for a £47m m/cap company with £41m turnover last year!

[patricia59] 30/9/2011 03:33

us order was 15 guns i believe so its 2million a piece

[curious] 22/9/2011 08:46

Rivaldo

In your opinion, how much revenue and profit might MSI gain for each DS30B REMSIG 30mm gun.

If you are unable to hazard a guess, the spirit of my question is this: Is this order a real big deal for the company or a small footnote.


Thanks in advance. Curious

[mikepompeyfan] 22/9/2011 07:12

What are the chances of this 26% stake being used as a base to launch a takeover ?

[rivaldo] 21/9/2011 10:52

Beat you to it by 9 minutes CR :o))

[cockneyrebel] 21/9/2011 09:53

10k director buy.

CR

[rivaldo] 21/9/2011 09:44

How much more proof do people need to invest? The CEO is telling the market again - he's just bought another 10,000 shares at 242.5p and now owns over 26% of MSI:

[rivaldo] 18/9/2011 19:32

I think this is something we weren't aware of before? From today's Sunday Times, the Government has just green-lit a project for 13 new frigates to come into service for 2020:



"Navy's eco-warrior frigates to be greenest ships ever

Thirteen environmentally-friendly combat ships, costing £350m each, will be in the service of the Royal Navy by 2020
Tim Ripley
Published: 18 September 2011

"An eco-friendly warship that moves almost silently and is fitted with underwater drones is to become the new mainstay of the Royal Navy.

The global combat vessel, 13 of which are due to come into service from 2020, will be the "greenest" warship to have seen service in the navy.

To cut fuel consumption and reduce emissions it will use selective catalytic reactors - similar to catalytic converters on cars - low-consumption LED electric lighting and drag-reducing non-stick paint on the hulls.

However, the ship's massive firepower could hardly be seen as environmentally friendly. It will bristle with weaponry, including a 4½in cannon, and in front of the bridge will be vertical-launch missile tubes capable of firing air-defence or land-attack missiles.

It will also have dual drive. "The ship will run on diesel drive when it needs silent running to hunt submarines," said Brian Johnson, a member of the team from BAE Systems that worked on the design. He added: "But when it needs speed the gas turbine will be engaged."

Naval architects began drawing up plans for the Type 26 frigate after Liam Fox, the defence secretary, gave the green light to the project earlier this year. Billed as the first true "post-cold war" warship to be designed for the navy, it is intended to be as effective against pirates in speedboats as it is in naval battles and is a replacement for the Type 23 frigates, the first of which was commissioned in 1989."

The good news - it seems that MSI-Defence will provide the gun systems for the Type 26....



"Armament: 1 x BAe Mk 8 Mod 1 4.5" (114mm) Gun
Vertical Launch System:
16 x SAM (CAAM | Aster)
2 x Quad Boeing AGM-84 Harpoon Missile launchers
2 x MSI-Defence DS30B REMSIG 30mm guns"

[rivaldo] 06/9/2011 07:51

A new Type 45 destroyer has been completed - this should book a nice large profit for MSI-Defence:



"September 3 2011 12:01AM
HMS Dragon enters her new home

The Royal Navy's latest ship, the Type 45 destroyer Dragon, this week sailed into her new home, Portsmouth Naval Base. Having been formally accepted from the shipbuilders BAE Systems, the destroyer will now undergo a series of trials and tests before being declared ready for operations. At 7,500 tons full load displacement (the size of a Second World War cruiser), and formidably armed with missiles and guns, the gas turbine-powered Type 45 destroyers are the most powerful escorts ever to enter service with the Royal Navy. Equipped with the Sampson multi-function radar, which can detect targets up to 220 nautical miles (400km) away and armed with the Sea Viper missile defence system, HMS Dragon is able to defend the Fleet against multiple attacks from even the most sophisticated aircraft and anti-ship missiles, simultaneously approaching from any direction and at supersonic speeds."

[rivaldo] 05/9/2011 08:13

Good to see you here CR.

Director buying was happening last month at 247.5p, so investors can pay only just above that now...

Given the bullish IMS and that director buying I may well ISA some more given available funds.

[gorse] 30/8/2011 13:25

Bought in today - rather a bargain at this level imo :-)

CR

Above 245p. So why didn't you buy it at 210p, 3 weeks ago?

[cockneyrebel] 30/8/2011 12:01

Bought in today - rather a bargain at this level imo :-)

CR

[rivaldo] 16/8/2011 10:20

Up again on a down day for the markets.

Good to see the spread down to an unusually small 10p too.

[rivaldo] 15/8/2011 14:00

Cheers paleje, tres bien - another break coming soon before the little 'un has to go back to school!

Unusually for MSI you can currently buy 2,500 shares online at 269p. I'd suggest that anyone wanting to buy might wish to snap these up - the most you can usually get in one swoop is usually just 500-1,250 shares or even less.