Ms Share Discussion Threads

[rivaldo] 29/2/2012 09:08

Wish I'd never forking found it now.... :o))

Nice 3k buy at 285 has sent the price up 5p. Imagine what would happen with a tip or any decent buying interest before the final results.

I'm still going for 35p-40p EPS, with a cash pile which could be anywhere between £10m and £13m and maybe even more.

[onlyonestorm] 27/2/2012 18:02

rivaldo, nice to know you have been "FORKING" around mate, this could be a real "LIFT"!!

mikepompeyfan , well goggled we should be soon "FORGING" ahead!!

Sorry couldn't stop myself!!

Stormy

[mikepompeyfan] 27/2/2012 14:05

Nice find rivaldo. Out of curiosity l googled forklift arms and this came out top :-)

Also from annual report - 'Forgings', we perceive, may be moving into a period of more sustainable recovery and currently the value of orders on hand is twice that of a year ago. Productivity improvements achieved within the plants and an increased flow of orders, week by week, are indicating a firmer basis for a prospective upturn in results this year.

Now we know what they were talking about.

[rivaldo] 27/2/2012 12:39

It'll be boom time for MSI Forks at present according to the Times today:



"Forklift battalions roll into action as online shopping spreads across Britain

The rise of the dark store has transformed retailing over the past decade
Robert Lea Industrial Editor
Last updated February 27 2012 12:01AM

It is the shining beacon of an otherwise moribund retail landscape: e-commerce. With the exponential rise of internet shopping has come a boom in the sales of forklift trucks to manage the warehouses that work 24 hours a day to fulfil online orders.

Last year forklift truck sales in the UK rose 20 per cent. While sales of forklifts to Britain's resurgent car manufacturing industry grew by 26 per cent, sales of pallet trucks typically used by retailers and warehouses leapt 50 per cent.

According to James Clark, secretary-general of the British Industrial Truck Association which collated the figures, the market is likely to continue strongly to outpace GDP this year with the growth of superwarehouses and the "dark stores" that stand behind 21st-century retailers.

"Warehouse and distribution centre capacity will expand to support supermarket store openings and the transition of other retailers to greater reliance on e-commerce," said Mr Clark.

The rise of the dark store, in which a customer never sets foot but from which staff fill online orders, has become the retail story of the past decade with the rise of the likes of Amazon and the internet-only supermarket, Ocado.

Tesco has opened its fourth dark store - its most automated to date - in North London. Online sales now account for £1 in every £8 spent in Britain and continue to rise at more than 13 per cent a year, compared with the flat sales seen on the high street.

"While retail is suffering in general, e-commerce is more than compensating and that is why there is optimism," said Tim Waples, UK director of Doosan, the Korean forklift truck manufacturer. "Supermarkets are needing more forklifts."

There are about 250,000 forklift trucks in Britain and sales are running at 26,000 a year. In warehouses they can range from smaller electric pallet trucks costing about £5,000 to high-lift units at more than £80,000. Forklift trucks in the largest distribution centres can be numbered in their hundreds.

etc"

[mikepompeyfan] 20/2/2012 16:50

I bet Michael Bell's great company on a night out. You'd never get him to stop talking would you ;-)

ps I get the impression he'd love to take the company private so he wouldn't have to make any announcements at all !

[onlyonestorm] 20/2/2012 15:27

Mmm, I only popped out to Wickes, glad you kept your eye on things Rivaldo!!!

Stormy

PS - Couldnt resist it, topped up!!

[rivaldo] 20/2/2012 14:57

Yes, with MSI it's possible that the shorter the RNS the better it is :o))

There's no need to say any more than that each of the 3 divisions is doing very well - there's no mention of anything being "subdued" as in prior RNS's.

The Balance Sheet is obviously also strong, and I suppose at the year end we'll see how much of a cash pile there is.

No wonder the director bought more shares in December.

[cockerhoop] 20/2/2012 14:41

It's almost like they think they're paying for the RNS by the word.......

It's obviously upbeat - but somewhat short on detail.

[greenroom78] 20/2/2012 14:38

Just noticed they sneaked out an RNS while I was at lunch. They are few and far between with MSI so you have to make the most of them. Happy with that, will hopefully see my holding return to a paper profit again soon.

[rivaldo] 20/2/2012 14:38

:o))

Great RNS - I'm fully expecting 35p-40p EPS for the year about to end in April.

[cambium] 20/2/2012 14:26

gotta get up early to catch Rivaldo!

[cambium] 20/2/2012 14:25

DJ MS International Remains Confident As All Three Divisions Perform Well


LONDON (Dow Jones)--MS International PLC (MSI.LN), an engineering group, said Monday that confidence prevails, with the anticipated outcome for the full year becoming progressively more assured.

MAIN FACTS:

-All three divisions, 'Defence' 'Forgings' and 'Petrol Station Superstructures' are performing encouragingly and in line with expectations.

-The balance sheet remains strong with net cash and short term deposits.

-Shares at 1419 GMT, up 7 pence, or 2.8%, at 280 pence valuing the company at GBP50.56 million.

[rivaldo] 20/2/2012 14:18

Ha - update just out! And it couldn't be better...



"In my interim statement, I referred to the Board's confidence as to the full year outlook for the Group. Pleasingly, that confidence prevails with the anticipated outcome becoming progressively more assured.

All three Group divisions, 'Defence' 'Forgings' and 'Petrol Station Superstructures' are performing encouragingly and in line with our expectations.

The balance sheet remains strong with net cash and short term deposits."

[rivaldo] 20/2/2012 13:50

Cheers - I thought you might have been told the precise day since we already know an update is coming...oh well.

Any day now anyway!

[onlyonestorm] 20/2/2012 12:38

rivaldo - No mate just looked at the history looks certainty 21st/22nd!!

Stormy

[mikepompeyfan] 20/2/2012 12:12

I think he might be guessing based on the fact it was 22nd last year.

[rivaldo] 20/2/2012 10:40

Cheers OOS. How do you know - have you been in touch with MSI?

[mikepompeyfan] 20/2/2012 07:20

but not today :-(

[onlyonestorm] 20/2/2012 00:04

Should have a statement this week!!

Stormy

[mr. t] 11/2/2012 13:31

Here's a video where you can see MSI's seahawk guns on the Swiftships as they arrive in Iraq:



Means little to the investment case, but nice to see MSI's product all the same.

[onlyonestorm] 07/2/2012 10:16

Well my little top up yesterday showed as a sell as did all the other trades!! Grr

Stormy

[rivaldo] 02/2/2012 12:51

:o)) They won't be allowed to buy now until after the trading statement...

I'd hope to see well over 300p in time, but we shall see. I noticed from VP.'s latest interims at the end of November some very positive comments about their UK Forks division, which reinforces the positive vibes for MSI's Forks division (as well as the other two divisions of course), including:



"Both revenues and profitability are substantially ahead of the prior year period"

"The prospects for UK Forks in the second half of the financial year remain positive."

[onlyonestorm] 02/2/2012 10:53

I still see £3+, I wonder if the usual director buys are about!!

Stormy

[rivaldo] 02/2/2012 09:52

A tick up. Hopefully that trading statement will come in the next few days, though it seems to vary from early to late February.

The overall tone will be good imo, but it'll be interesting to see what the net cash will be at the year end - could be anywhere from £10m to perhaps £12m-£14m?

Against the £51m m/cap that's a pretty weighty asset to have (though MSI probably have reasonable working capital requirements).