The gifting of the shares as recently as 1st October by Michael O'Connell is one such mechanism around some of this which puts no selling pressure on the holdings. |
too many investors getting in a twist
ELIX also doing completely fine.
Idiot Rachel Reeves |
gfrae - agree that there would be an impact and that the benefit of the AIM listing would be reduced. Hard to estimate the impact but it's not good news either way. That said would that really cause the main shareholders (Directors) to sell? I'm not sure about that. It's not as if they can avoid the tax change by selling. Based on comments at the AGM I think they feel there is a lot of value left here and they want to see that through. Anyway it's frustrating sideshow for all of us invested in AIM stocks. |
Not at synetics SNX |
FEAR everywhere |
MSI would certainly be affected by a change in the IHT rules.
True, perhaps less than 5% is specifically owned by funds or individuals with the main purpose of avoiding IHT, even an overhang of this amount would affect the share price.
But more importantly the main shareholders would also consider selling, as the IHT exemption may have been the reason why they moved down to AIM in the first place. |
I think the point is that the IHT AIM funds really only exist to help people avoid IHT. Without the exemption there is no reason for those people to own funds that invest in AIM. The total value of those funds is very significant. MSI isn't owned by those funds (well in any significant level as far as I can see) so wouldn't be directly affected. I guess individuals could hold shares for IHT purposes but MSI would be an odd choice for that. A general aim sell off might impact MSI.My view is that the defence business warrants holding this through thick and thin so it's not a consideration for me. |
Surely nobody is selling this just because of irrational aim fears.
Some muppets on stockopedia claiming companies may delist because then they willb e fine for iht without realising all of those funds cant even own private companies |
That's what I've been pondering Phar Lap.
The contract ref numbers are the same. It's possible the £50m contract published last October relates to legacy mounts and this £29m contract relates to newly and soon to be fitted mounts + optical sensors to the Type 26 frigates - but I'm guessing. |
The contract I mentioned previously, £29M, is listed as number 707912451
This contract number 707912451 also shows a 5 year £50M contract signed 30/10/23 and running from June 24- June 29
Is the £29M contract in addition to the £50m? |
phar lap
I am assuming this is a Royal Navy contract ? |
Nice find thanks ! |
Is this a new contract?Supplier(s)MSI - Defence systems LimitedValue29,085,983.47 GBPDescriptionTo support the population of Naval 30mm Gun Systems and Target Designation Sights (TDS) until 30 Sept 2029. Lot 1: To support the population of Naval 30mm Gun Systems and Target Designation Sights (TDS) until 30 Sept 2029.Timeline?Award date10 days ago2024-09-30?Publish date2 days ago2024-10-08 |
Exactly. Could be sub 10 |
There aren't any ricky46 which is kinda my point. The lack of forecasts probably hold the price back to an extent as many investors need it spelt out for them.
But on the other hand if you're prepared to do the leg work and make a stab at likely forward earnings you're probably at an advantage to the market. |
What are the broker forecasts for this year? There’s not much news about these, the defence system is booming with the anti drone cannon |
......ah but the key is knowing the forward PE :-) |
I make PE about 12 |
A p/e of 14 is too low for this stock, they are a leader in their speciality, have tons of cash and growing order book. Other defence stocks are on much higher p/e's and deserve a rest, but not MSI. |
Defence stocks weak |
That was a very generous gift from the FD! |
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