Ms Share Discussion Threads

[gswredland] 24/7/2024 12:56

Seems to be doing that often now!

[harry_david] 24/7/2024 12:55

All time high today.

[harrywilliam] 12/7/2024 08:11

Breaking higher

[dicktrade] 12/7/2024 07:56

Norbert,
Thanks, I had missed the RNS for some reason.

[yasrub] 12/7/2024 07:03

Got his divi as well!

[norbert colon] 12/7/2024 06:49

That’s the 300k bought by the company at the full offer as RNSd. I suspect they’ve bought them from ex Director and NED David Pyle but it’s just a hunch, equally it could be Stonehage. Must have been a ‘friendly̵7; seller for the company to have paid such a full price.

[dicktrade] 12/7/2024 06:38

A late reported trade of 300,000 shares yesterday.

[norbert colon] 11/7/2024 21:28

https://www.defensenews.com/industry/2024/07/11/bollinger-ready-to-vie-for-us-canada-findland-icebreaker-contracts/Potentially longer term good news for MSI given the PSC is planned to receive the Mk38 Mod4 x 2

[harrywilliam] 08/7/2024 14:38

Maybe today

[harry_david] 03/7/2024 16:12

Norbert, thanks for all your alerts, they take me to info where I might not normally go.

[harrywilliam] 03/7/2024 12:09

Break to new highs today I think. I bought even more yesterday

[norbert colon] 02/7/2024 11:10

https://msiplc.com/static/cfcaa460cefdaf0c5ce07219eca05e95/Annual%20Report%202024.pdfAnnual Report now out with some interesting commentary about increased capacity for Paladin etc.

[cjohn] 02/7/2024 10:49

There is excess cash. And they should return a significant chunk of it to the owners.

The last thing we want is the cash blown on an unnecessary acquisition, for example.

The sum - 42m + - is far too big for organic capex. Or do you think it isn't?

[shanklin] 02/7/2024 10:43

So you already know that if there's excess cash in the business, the directors will return it to shareholders (when they're not paying it to themselves)

[cjohn] 02/7/2024 10:40

@Madmix and Shanklin,

Net cash of 42 million: what precise capex do you imagine would eat up all that prodigious sum?!

In the past, the Company has issued special dividends. I'd expect them to return excess cash to the owners.

[blueball] 01/7/2024 17:02

Keep buying too cheap.

[harrywilliam] 01/7/2024 11:52

Company is still cheap and a takeover target for a bigger defence company for sure

[johndoe23] 01/7/2024 11:42

You moved the price ha

[harrywilliam] 01/7/2024 11:04

Took the opportunity to add 2 more chunks this morning. Now my 2nd largest holding

[blueball] 27/6/2024 16:58

50% upside from here.

[johndoe23] 27/6/2024 16:15

Yep, he did

[johndoe23] 27/6/2024 15:57

Wonder if Robbie Burns bought more here, flurry of buying just recently...

[shanklin] 27/6/2024 14:23

Funding growth is a much better use of cash than giving it to us.

[madmix] 27/6/2024 10:56

Presumably (as significant shareholders) they see more benefit in reinvesting the cash in to growing the business, which is fine by me.

[cjohn] 27/6/2024 10:13

The only negative is that the dividend wasn't hiked more. For the year, it's below 2% at current share price.