Ms Share Discussion Threads

[sidebar] 25/8/2006 08:58

It's been a frustrating little beggar since March hasn't it?

I take it the 2p drop is just to wake people up?

Edit 3.5p

[onlyonestorm] 21/8/2006 10:56

GROWL, GROWL, GROW, GR, zzzzzzzzzzzzzzz!!!!!!!!

Stormy

[johnrxx99] 21/8/2006 10:22

RSI is the lowest it's been for a while.

zzz

[Abuse team] 18/8/2006 20:39

Post removed by ADVFN

[Abuse team] 18/8/2006 20:35

Post removed by ADVFN

[xdavid] 18/8/2006 20:33

Don't think MSI do stuff for Eurofighter...

[jgscott] 18/8/2006 11:38

In the press this morning.........

THE LONDON market marched forward today boosted by BAE Systems after the UK Government agreed a deal to replace Saudi Arabia's fleet of Tornado jets with the new Eurofighter. News of the £10bn deal sent Britain's biggest defence manufacturer up 3% - a gain of 10¾p to 370¾p - as it is part of the European consortium which makes the Eurofighter, also known as the Typhoon.

........ I would have thought MSI will be getting a piece of this action? Time will tell.

[cambium] 18/8/2006 09:17

What time is yours set for?

[cockneyrebel] 17/8/2006 18:58

I've had that for two years now - goo when the alarm clock goes off tho :-)

CR

[onlyonestorm] 17/8/2006 16:06

ZZZZZZZ!!!!!!!!!

[rivaldo] 16/8/2006 13:13

Received a news alert with this summary of MSI-Defence. I see that the UK are moving troops away from inland Iraqi towns and towards the waterways and coastal areas nearer the border with Iran (hopefully not as close as last time...). Perhaps more work here as regards diving support and undersea activities?


"MSI - Defence Systems has been a world leader in the supply of defence equipment for 80 years. The Naval and Mobility & Logistics divisions provide products ideally suited for today's rapid deployment forces.

The DS25/30 series of stabalised, line-of-sight naval gun mountings offer a choice of 25 of 30mm cannon with flexible control options. They are lightweight, day/night capable, non-deck penetrating and have excellent ARM characteristics. SIGMA combines a cannon with three Mistral surface-to-air missiles within a low profile mounting, providing a cost-effective layered defence on a single deck footprint.

MSI's naval sensor systems for above and below water applications include Target Designation Sights, Director Aiming Sights and Submarine Radar Masts.

The Mobility & Logistics division provides design and integration services of shelters and containerised systems used for mission and ground support applications.

MSI are also the UK Royal Navy Diving Support Contractor, providing services associated with breathing sets, compression chambers and diving support ancillaries."

[rivaldo] 13/8/2006 13:58

This is interesting from today's Sunday Times. MSI-Defence provide training and logistics support services - could be that their close links with VT Group and BAE get them a slice of the £10 billion on offer here if their consortium comes out on top:



"UK group hires new chief for MoD push
Dominic O'Connell

A POWERFUL consortium chasing a £10 billion Ministry of Defence training contract has recruited a former senior executive of KBR, a subsidiary of US group Halliburton, as its chief executive. Anthony Pryor, who was chief operating officer of KBR (UK), will take the top job at MC3, a group comprising BAE Systems, Carillion and VT Group.

MC3 is one of two consortiums chasing the Defence Training Review (DTR) contract. The winning bidders will take over the running of all the armed forces' skills training for the next 25 years.

Analysts say the scheme, which will include the construction of training facilities as well as the provision of training services, will be worth about £10 billion over its life.

Pryor, who spent 30 years with Vickers before joining KBR, is highly regarded in the defence industry, and helped win some high-profile deals for the US group. He was regarded as instrumental in winning KBR a role on the Royal Navy's programme to build two aircraft carriers, and spent 10 years as the chairman of the Devonport Royal Dockyard.

Lord Vincent, MC3's chairman, said: "We have been waiting for some time for the opportunity to bring him on board as he is well respected in Whitehall."

The DTR contest has proved politically controversial, pitting two British regions against each other. MC3 plans to centre its operations at RAF Cosford in Shropshire, already a key training centre for the services.

But its rival, Metrix, has won the backing of the Welsh Assembly for a bid that would result in a training campus being built at RAF St Athan in the Vale of Glamorgan. Both consortiums are planning to create or sustain thousands of jobs."

[johnrxx99] 12/8/2006 09:34

Did they have one then? Just to say hello would be nice.

Heading toward the 200 ma and outside the 2 year channel.

zzz.

[johnrxx99] 01/8/2006 11:38

So it is, missed that. :-0)

[doubleorquits] 01/8/2006 11:35

It'll get exciting tomorrow - it's ex-divi day!

Maybe not then........ :0)

[cockneyrebel] 01/8/2006 11:33

MSI does 'quiet' very well Johnrxx99 :-)

you get used to it :-)

CR

[johnrxx99] 01/8/2006 11:24

Still within the uptrend channel but very quiet. zzzz

[xdavid] 21/7/2006 10:13

Rivaldo, yes I agree, but as we know patience is indeed a virtue in small caps, particularly in volatile market times.

Your post reminded me of the director speak in the results...
"...forward order book is at record levels."

They also said "I am now able to report, that in addition [to MOD contract], we have won our first export order for the new guns." - the new coastal water type guns. As such, the Malaysian naval order will be in addition to this (and the already record forward orders) since the Letter of Intent was only just signed with BAE. It will be interesting to see the specs for the Malaysian order to see if the new guns are included in addition to their standard 30mm mounts.

[xdavid] 21/7/2006 09:40

Sorry, maximoney1, I was thinking of just markets going down due to economic factors alone (e.g. economic cycles). Of course, if the markets went to hell based on conflict exploding up around the place, then MSI may well be one of the defence industry companies to do well out of it - but lets hopefully not go there! :-0

I think they are doing well from just the 'threat' of such things, as the hawkish elements within governments use current climate to increase 'defensive' spending. The new range of guns, specifically 'targeting' small craft threat in coastal waters, seems to particularly supply a previously overlooked need. This is a prime element of the recent £15m MOD contract, and I presume they are using this to chase similar contracts for other navies.

[rivaldo] 21/7/2006 09:38

Good find in your post 725 xdavid. It seems that MSI's defence arm will be busy for a long time to come.

Interesting that despite the good news, excellent results, strong outlook etc MSI are still only some 20p above the level at which they were buying back 100k shares last December - I doubt they were doing so for the sake of just a few pence.

[maximoney1] 21/7/2006 09:17

Thanks xdavid..... i was just trying to ascertain if the underlying fundamentals and more so the potential of this company, given the current climate of tensions, would be strong enough to buck a corrective market move. I was not wishing to discuss ftse etc as such, and appreciate you view on MSI in such circumstances. I thought perhaps, that even although a possible market correction was underway, as tensions mounted, the defense side of things would actually become so much stronger and offset any downward price pressure.

Watching patiently...lol !

cheers
maxi.

[xdavid] 21/7/2006 07:59

I have no idea about macro economics - and don't even try - but to answer your question (IMO)... IF ftse goes to 4300 then I have no doubt MSI would follow it to some extent, just like almost every other decent stock, by people taking profits or just moving to cash - even if that meant the PE would hit 5 or 6.

There are better boards for discussion of ftse/dow/macro stuff where you might get a wider debate on cycles and the like but that's my answer to the MSI specific part of your question.

[maximoney1] 20/7/2006 21:51

"johnrxx99 - 20 Jul'06 - 22:28 - 728 of 728


maxi - ftse 4300: there is no indication of that and therefore irrational. Might as well say: ftse 7300. Just as stupid."



Oh, right oh john, thanks for your insight. So if we were to get an 'elliot wave' supercycle correction of the dow/ftse, it couldn't hit approx 4300 then. Ftse has already showed a warning signal by briefly falling thro fairly long term support. Thanks for displaying the usual level of tact, diplomacy and debate associated with many of these boards. Apologies for the intrusion.

maxi.