Ms Share Discussion Threads

[diogenesj] 19/4/2006 23:16

Unfortunately the existence of these rival trading systems means that we don't always get the full picture just looking at the LSE trades on ADVFN.

[mr mole] 19/4/2006 19:54

Thanks I guess I wasn't looking in the right place.

[diogenesj] 18/4/2006 21:39

Mr Mole: your order was traded on Plus:

Last 5 Trades more> Daily Chart more>

Date Time Price Volume Type Consider ( £ )
18/04/2006 08:08:53 161.50 1,200 O 1,938.00
13/04/2006 15:31:41 160.00 1,000 O 1,600.00
11/04/2006 09:26:00 162.25 4,000 O 6,490.00
11/04/2006 09:25:57 162.25 4,000 O 6,490.00
10/04/2006 15:08:19 160.00 2,900 O 4,640.00

See:

[rivaldo] 18/4/2006 20:58

Could it be one of those Virt-X trade thingummyjigs?

Come on MSI! If that was a buyback today the RNS should get the price into a serious breakout.

[mr mole] 18/4/2006 20:18

My buy of 1200 at 8.08 am not showing in lists of buys and sells. Any ideas why not ?

[njp] 18/4/2006 08:32

Well, if it is, we'll know soon enough.

[rivaldo] 18/4/2006 08:26

I agree CR, looks like a buyback. And would you believe it, on 18th April last year MSI bought back 233,500 shares at 82p - since when the price has almost doubled. Intriguing or what? Let's wait and see if we get an RNS anyway.

Sheik - only for 2.5k shares, if you want 3k shares you have to pay 163.9p. Not much stock around.

[sheik yerbouti] 18/4/2006 08:26

160-164p but you can buy at 161p. Wonder what the MM's are up to?

[rivaldo] 18/4/2006 08:13

Wow - a 100k B trade at 160p and the price immediately ticks up. Meaningful?

Perhaps the VT announcement is being recognised...

EDIT - snap CR!

[cockneyrebel] 18/4/2006 08:12

100k BROKER TRADE and the price marked up -

Director buy or buy back perhaps?

CR

[cockneyrebel] 13/4/2006 16:28

We're actually only 5p from a breakout here and I can only see buyers moving in rather than sellers before the results myself.

CR

[rivaldo] 13/4/2006 15:26

Hope so CR. Final results are only 2 months away, so I doubt if MSI will have agreed terms by then given that VT have still to dot the i's etc on the contract.

But it looks highly likely that MSI are in the front line (ho ho) for this one, and it'll just underpin future growth even more than the order book already does.

No wonder they're continuing to buy shares in.

[cockneyrebel] 13/4/2006 15:03

I expect an official announcement in the results, as they did at the last results.

CR

[cockneyrebel] 13/4/2006 15:01

Fab find Rivaldo - the market won't sleep forever!

Spot on - this must be worth a packet to MSI :-)

CR

[gringostar] 12/4/2006 09:59

Old one but good one Rivaldo.
I did't realise how well this division was doing.

[rivaldo] 12/4/2006 07:59

Google Alert sent me this today for some reason. It dates from March'05, but not only might it explain to some what MSI's defence division does, but it also got me thinking.

With ocean piracy and criminality (drugs etc) spiralling across the world (Indonesia, Somalia, coastlines in general) all sorts of ships, not just warships, are having to install anti-piracy measures or use naval protection for their cargoes. The final para spells out what MSI-Defence provide - I'd have thought these products would be in big demand at present and in the future:

"ADI contracted to supply MSI Gun Systems for project protector

3 March 2005
ADI Limited (Australia) has been awarded the contract to supply the main gun systems for the New Zealand Ministry of Defence's Project Protector program by the lead contractor, Tenix Defence Pty Ltd.

The systems are the MSI DS25M designed by MSI-Defence Systems, UK. This modern modular design enables a smaller calibre gun system to be configured in virtually any format to meet the full spectrum of potential naval configurations, from manned, with basic sighting, to full autonomous control by a ship's systems or control at a remote station.

The systems for the Protector vessels will incorporate the ATK 25mm M242 Bushmaster cannon, common to the NZ Army's light armoured vehicles, giving the navy commonality of ammunition and cannon training and support.

"ADI has chosen to continue collaborating with MSI to offer new supply and through life support for the MSI modular gun systems. Previously we produced six 30mm MSI gun systems for the Royal Australian Navy's Huon Class minehunters," said Mr Lucio Di Bartolomeo, ADI's managing director.

"ADI considers the MSI modular gun system as the best in the market. It is extremely well designed, very robust, while maintaining a lightweight footprint.

"Its marinisation is excellent. This is critical in achieving reliability and low through life costs. This has resulted in a system capable of withstanding the pounding from heavy seas and green water exposure while then continuing to deliver the best reliability and availability of the systems currently available in the market."

MSI has well over a hundred units in service with a range of navies.

Tenix was awarded the Protector Project in July 2004 after an extensive competition involving over 25 shipbuilders worldwide. The Protector fleet will comprise one multi role vessel, two offshore patrol vessels and four inshore patrol vessels to be progressively delivered in 2006 and 2007. The MSI gun systems will be installed on the MRV and the two offshore patrol vessels. Tenix tendered the MSI gun in its baseline offer to the MoD and has been negotiating with ADI to conclude these contractual arrangements now in place.
_______________________________________

ADI Limited is a major supplier to the Australian and New Zealand Navy and Army of small arms and medium and large calibre guns systems. It provides logistic support for the majority of the ADF's gun systems. ADI is also the primary supplier of munitions to the ADF. It constructs and maintains naval ships; designs and integrates combat systems, aviation mission systems and naval communications equipment; designs and manufactures high mobility and protected military and emergency response vehicles. (For more information, visit www.adi-limited.com.)

MSI-Defence Systems is a major company within the UK based MS International Group with its head office and manufacturing facility in Norwich, UK and an important support establishment in Weymouth, UK. It plays a leading role in the design, development and supply of naval systems unrivalled in reliability, flexibility and performance. It embraces spearhead technologies coupled with an in-depth understanding of the naval environment. This has resulted in a quality product and service portfolio comprising, naval weapons, sensor platforms, navigation equipment, military diving systems, tactical shelters and logistic support. The technologies behind this portfolio are derived from the company's 80 years of experience in naval markets. MSI systems are fitted to all the current major Royal Navy platforms as well as 40 navies across the world."

[gswredland] 10/4/2006 15:20

nothing like a rise to get everyone chatting again eh!

[iandippie] 10/4/2006 15:17

Let's get this party started!!

[rivaldo] 10/4/2006 15:09

Looks like people have found a home for their 2006/7 ISA money :o))

[cockneyrebel] 10/4/2006 14:46

Oooo... here we go.......

How horny is this chart starting to look! :-)

CR

[cockneyrebel] 08/4/2006 11:29

Yep, you definitely get the feeling MSI don't go in for unnecessary expenditure don't you!

If only every business was run this frugally - we'd all be bore senseless but we'd all be much richer!

CR

[xdavid] 08/4/2006 11:18

Noticeable on Friday that there was no huge deluge of new ISA amounts into MSI :)

I ended up not waiting and swapped around some existing stuff for MSI (3 times) in the 2 weeks previously. However, my ISA is now 60% MSI which is heck of an overweight in one position for me. Getting the annual report was a long overdue necessity for me before making any further purchases. For those like me, you can be reassured that the report was of similar extravagance to their websites - nice corrugated cardboard cover in black with MSI in red (no pictures) and insides full of figures (no pictures and only one graph :-)

Looking forward to the next one.

-david

PS. Now estimating PE of 9.1 for 17p earnings. PE 7 for 2006.