Ms Share Discussion Threads

[johndoe23] 20/3/2023 14:57

Now 50% drop from high quite staggering

[johndoe23] 16/3/2023 08:40

Defence spending increasing in budget, should be positive here

[cockerhoop] 05/3/2023 14:48

Dr Radcliffe,

The defence division hasn't been loss making for a number of years, with the exception of Covid effected 2020 when it made a small loss it's been solidly profitable since 2016.

[drradcliffe] 04/3/2023 16:40

If you've got Stockopedia, there were some interesting discussions about the anti-drone gun and the electro-optic technology behind it on the SCVR threads 07/12/22 and 23/12/22. If MSI win the US naval gun contract, I wonder if Northrop Grumman will make an offer for the defence division... The gun itself is based on one of their standard designs. At the moment MSI (FY23) eps 35-40p. US Navy contract win -> 45/50p FY24. My rough estimates...

[drradcliffe] 04/3/2023 16:07

Doesn't the investment case depend on the future profitability of the defence division? If they get the US Navy gun contract (30mm auto-cannon weapon system), and similar contracts from other naval forces then yes the valuation goes up from where it is now, perhaps double depending on the terms of the contract wins. I think anything around £6.50 is fair value for what we know today.

[battlebus2] 04/3/2023 15:15

Well timed Nick. Like you say the investment case is compelling.

[tudes100] 04/3/2023 01:02

Surprised to get the opportunity to buy in here this week, thought my chance had long since passed. Valuation looks compelling given the news flow of the last 6 months. GLA holders.

[yasrub] 03/3/2023 16:07

£5.42 are buys I have just added. As mentioned above hopeful there will be future developments - positive that is!

[norbert colon] 03/3/2023 15:03

Agreed - the normal transfer from the impatient to the patient

[whittler100] 03/3/2023 14:36

Interesting 15/02/23 RNS regarding the CFO of MSI securing 28,000 of his holding into his ISA & SIPP; tucking away 28.000 currently held shares into a tax wrapper (the CFO owns 1.6m shares). I guess at the moment some trader types are getting a touch itchy and selling a few whilst they move on to the next hot stock. Personally, I am happy to nibble away a few more to add to my holding as these opportunities present themselves & then just sit with the considerable insider buying that’s been going on for some months now and wait patiently for future developments.

[johndoe23] 01/3/2023 09:27

Slow drip down here unfortunately

[johndoe23] 03/2/2023 08:17

Yes, he's added

[johndoe23] 02/2/2023 15:42

Robbie Burns buying?

[johndoe23] 27/1/2023 08:19

Nice tree shake yesterday well done if you picked some up at 550p

[johndoe23] 26/1/2023 21:33

Again, marked down on very minimal selling. Cynic in me is saying market makers are trying to accumulate on the cheap!

[cockerhoop] 26/1/2023 09:48

This is the contract sign off for the 1st 4 mounts, again it doesn't specify MSI only the boatbuilder Safe Boats International.

hTTps://www.defense.gov/News/Contracts/Contract/Article/3160329/

[norbert colon] 26/1/2023 09:34

Some welcome news this morning on the MkVI patrol boats - https://www.navalnews.com/naval-news/2023/01/ukraines-first-mk-vi-patrol-boat-breaks-cover/Have to assume at this stage that MSI Seahawk A2's will still be fitted at Ukraine's preferred choice:https://www.shephardmedia.com/news/naval-warfare/foreign-military-sale-funding-arms-ukrainian-patrol-boats/16 mounts across these 8 boats - likely GBP30m+

[norbert colon] 19/1/2023 14:04

Yes the worst thing you can do is procrastinate and get tempted to sell, either due to boredom or short term focussed profit taking. This needs patience if investors want to be rewarded. US naval contracts will be over decades and other navies (and land forces) are evidently re focussed on defence spending. I'm expecting to see the share price doubling from here over the next 2-3 years.

[cjohn] 19/1/2023 12:49

You don't need to follow or worry about short-term share price movements.

Volatility is not risk, (unless you need your money for other reasons now.)

We've had a very positive update from the company in all divisions; and an initial contract is likely on the Navy gun.

Nothing else needs to be done. Enjoy the wait.

The company is still under-valued.

[johndoe23] 16/1/2023 14:31

Marked down on 5 small sells

[westofengland1] 13/1/2023 16:26

I agree too and haven't sold a single share.

[battlebus2] 13/1/2023 15:01

Indeed. I’d expect to see more news flow through 23.

[norbert colon] 13/1/2023 13:13

Not too volatile really, just profit taking after the recent strong re-rating. A number of traders would have recently bought in. For those who've done the leg work and understand the longer term opportunities of the Group I'd expect them to stay firmly put.

[johndoe23] 13/1/2023 12:21

All positive here. Volatile though! Can't really understand why anyone would want to sell?