Ms Share Discussion Threads

[darlocst] 05/12/2011 10:46

John Lee sale of MSI published at weekend causing the weakness today I suspect.



"Third, I have taken my profit on MS International shares. I bought at 115p two years ago, and sold them just short of £3. They are clearly having an excellent year, but appear cautious on the future. I see my good friend and fellow FT Money columnist, David Schwartz, has been buying shares – perhaps he bought mine!"

[ddav] 02/12/2011 17:31

In addition --- Currently expanding and recruiting staff !

[rivaldo] 02/12/2011 14:20

Good coverage of the interims with this useful little summary of what MSI do:



"An international drive

MS International operates across three divisions – defence, forgings and petrol station superstructures.

It employs about 375 staff. Exports account for some 60 per cent of group sales. Headquartered in Doncaster, its forging arm has a range of open die forging hammers ranging from one to five tonnes. Its petrol station forecourt business also makes structures for car wash buildings, golf course driving ranges and car dealerships.

Its defence business has been producing components for the military for more than 100 years. Early products included searchlights used in the 1940s.

The division's Seahawk weapons system is used by 14 navies worldwide."

[rivaldo] 02/12/2011 10:39

Crikey, no wonder the price is up - a 6,500 share buy at 315p. £20k is a sizeable purchase in one go by MSI's standards. It would be nice if this was another dircetor buy - we'll see in the next couple of days.

[rivaldo] 02/12/2011 09:35

Thx Patricia59. I can't find the article online, so if anyone's got any interesting details that would be appreciated.

Given MSI's volatility it shouldn't take much to get the share price going - looks like things have started already.

[mikepompeyfan] 02/12/2011 07:31

ic will say buy. Everyone says buy. We all know msi are undervalued. Unfortunately the general market is so bad people are reluctant to buy anything until the future of the Euro is sorted once and for all. They say a lot of companies are hoarding cash at the moment perhaps there is a large one somewhere looking to expand ;-)

[patricia59] 02/12/2011 00:30

ic 2day look out

[rivaldo] 29/11/2011 15:36

Good :o))

Still edging upwards steadily.

[onlyonestorm] 28/11/2011 16:37

rivaldo - Lets get to and hold £3.40 first, which would be an achievement in itself in last weeks markets!! LOL

That said I agree with you entirely!!

Stormy

[greenroom78] 28/11/2011 16:28

An 8-10p spread is also smaller because the 15-20p spread was when it was around 200p as well. The 300-310p spread is no different to a 30-31p spread in % terms which most wouldn't bat an eyelid at.

[rivaldo] 28/11/2011 16:25

Nope. You must be new to this stock John. The spread has often been 15p or even 20p! An 8p spread is therefore small, and you can normally deal well inside the published spread anyway.

PLus, when MSI moves it REALLY moves, so any spread is usually eaten up fairly quickly.

[johnthespacer] 28/11/2011 16:12

small spread!! you are joking arent you lol

[gswredland] 28/11/2011 13:11

Heading towards new highs.

[rivaldo] 28/11/2011 12:43

Moving up slowly on every buy now - nice small 8p spread too.

[rivaldo] 28/11/2011 09:54

:o)) I'd hope 340p would just be the start given the fundamentals.

[onlyonestorm] 28/11/2011 09:04

rivaldo - I told you mate, £3.40!! LOL

Stormy

[rivaldo] 28/11/2011 08:52

Welcome G78. It's often the "boring" stocks which provide by far the greatest returns.

Above 300p and hopefully new highs soon.

[greenroom78] 28/11/2011 08:06

I'm in this morning.

I've watched this since the NT bought in at around 200p and have been trying to tie in a re-trace with having funds but with no joy. Every time it looked like it was going to pull back a bit, up it went. A slow broker platform meant I missed 298p so finally bought for 303p. Not sure why I didn't buy sooner as I had the opportunity to (i.e. free capital) at 230p and 275p - I guess I thought i'd be better going for something less 'boring' although have since learnt it is the boring ones than look after you.

[mikepompeyfan] 26/11/2011 14:17

As a cash rich, inceasingly profitable company there's a lot of room for a very decent rise in the final dividend payment. Otherwise what are they going to do with it all ?

[westcountryboy] 26/11/2011 14:07

David Schwartz article on Black Friday, going on to discuss MSI, is here:



It's a relief this is quite well-hidden because otherwise the effect on such a monstrously illiquid share would be potentially alarming :-)

[cockneyrebel] 26/11/2011 10:32

Looks like David Schwartz gives MSI a mention today in the FT, he's been topping up.

For as bad as the market is there's a number doing well and near the highs in the past week or two like MSI, PKG, SAG, to name a few.

If you can find these and avoid the knocks there's still good gains to be made but it sure is difficult :-)

CR

[paleje] 26/11/2011 10:27

If they can make headway in this market, rivaldo, my hat goes off to them, they're a very nice hold I don't mind if it takes a while.

OT - thanks for the gng reminder, I've held them before and must admit profitably but got scared off by some reading I did on perceptions of Chinese co's generally and value traps.

[rivaldo] 26/11/2011 07:30

I have a feeling that Monday (and this week) will be a very good one for MSI :o))

[gorse] 24/11/2011 09:35

Good to see an industrial company located in the north doing so well.