Ms Share Discussion Threads

[gleach23] 07/1/2013 15:36

hi riv...yup, i topped up today on the back of the last update, the chart and general market backdrop

[rivaldo] 07/1/2013 15:04

Moving up now. All but one of the last 5 director share purchases were at prices higher than the current price, including 7k at 294.5p - and the exception was at 242.5p :o))

[a3477681] 23/11/2012 10:15

It would be interesting to get an idea of the percentage holdings of MSI shares in circulation (not held by directors and families) that are represented by the contributors to this board.

[westcountryboy] 23/11/2012 07:57

Interesting to see the segmental breakdown in the notes, particularly the relatively high operating profit margin in the petrol station forecourt division (over 15%) which is not what I would have expected, but which certainly justifies the decision to buy out the 50% stake in Global-MSI at a juicy valuation in 2011. In fact you can now see that the £4.5m they paid was only around 10 times profit. Conversely the margins in forgings were lower than I expected given the capital investment over the years in state of the art machinery.

[onlyonestorm] 22/11/2012 15:56

rivaldo

I still have my originals at £1.64, I just like looking at them!!

Sad really!

Good Luck

Stormy

[rivaldo] 22/11/2012 13:37

OOS, indeed I am - added a few immediately after today's RNS.

[dangersimpson2] 22/11/2012 13:17

Been on my watchlist for a while and the strength of this morning's outlook statement encouraged me to take a small position. Thanks to alter ego for flagging the interims so soon after publication.

They do indeed look very cheap (EV/EBITDA = 3) and very well run (Good consistent ROCE, increasing operating margin, high Piotroski score) so a positive outlook turning into positive results should see a significant re-rating.

[stegrego] 22/11/2012 12:39

Nice outlook. Pity I dont have spare cash to add here.

[cockerhoop] 22/11/2012 12:24

xdavid, Rivaldo,

Agree I can't remember such detail previously which is encouraging. Regarding the price it has been available to buy at less than 215 recently and even this morning it took 90 minutes to garner a positive reaction from the results. As always you have to be on your toes though due to the random timing of the release of the results :-)

The directors have bought at higher prices so every chance of top-ups.

[xdavid] 22/11/2012 12:15

Rivaldo, I agree with the comment re the language in the RNS. Michael Bell has always been a straightforward, no-fluff talker who under-promises and over-delivers. My eyebrows positively twitched on some of his comments (and I'm normally approaching comatose when reading MSI RNS's). I was actually hoping the price would drift down to allow me to top up but looks like someone else also likes it. Wouldn't be surprised if it wasn't Mr. Bell himself.

[onlyonestorm] 22/11/2012 11:47

You still here rivaldo?

Stormy

[rivaldo] 22/11/2012 11:42

Indeed....an excellent RNS. On a superficial look the H1 figures don't look good by comparison with last year, but those comments are possibly the most bullish and detailed I've ever seen from MSI.

Cue more director buying?

[darlocst] 22/11/2012 10:12

Have been a bit concerned about MSI given the weaker outlook in the FY results, a strong H2 weighting comment is often a pre-cursor to a profit warning a few months down the line, plus the falling share price. However the interims today have removed that worry for me, especially at the current share price.

The numbers were lower than last year as expected but the second half will be strong:

"the Board has a good measure of confidence as to the full year outlook for the Group, subject to there being no further deterioration in the global economy that could adversely affect our two industrial engineering divisions."

Also these two comments caught my eye, as they point to potential for good growth in the medium term:

"Most crucially, the Group order intake in the period was some 80% higher at the end of October, compared to that received in the corresponding period last year and currently the value of orders on hand is some 25% higher than at last year end."

"'Defence' is now looking forward with confidence to a much stronger second half year. The majority of orders are already in hand to achieve the expected full year revenue and there are a number of very interesting new business prospects emerging from around the world."

[alter ego] 22/11/2012 09:39

interims are out

www.investegate.co.uk/ms-international-plc-(msi)/rns/half-yearly-report/201211220930037296R/

[jameshodson32] 20/11/2012 00:03

Seems as though defence will become popular again

[a3477681] 19/11/2012 14:41

Decided to add a third more to my holding in the hope that the half time statement doesn't say nasty things about forgings and forecourts as one would imagine defence is not doing too badly considering world events. I was particularly impressed by their web site and the depth of technology that they are into Have been into this since Sept 06 and not displeased.

System accuracy and response, coupled with the high quality sensor fit, provides excellent extended range with essential rapid, accurate weapon control capabilities against air targets or highly mobile Fast Inshore Attack Craft (FIAC) swarm attacks. In addition providing an excellent situational awareness capability.

[cockerhoop] 18/11/2012 22:10

They generally turn up unannounced :-) but Half Year Reports have been released on 23rd, 25th and 26th November in the last 3 years so shouldn't be too long.

[gswredland] 18/11/2012 20:26

Does anyone know the date of update or results please?

[gleach23] 08/11/2012 22:27

new to this thread...does anyone know offhand what % splits of the business the 3 group divisions are, particularly defence (on a broad sales & profit basis)?

i looked in the final results but found no mention of it. it says defence is the largest and that was the area highlighted as a concern in the first 3 months of H1

[jameshodson32] 07/11/2012 18:47

On the face of it this is a great investment. Half yearly report due later this month; looking forward to a positive update to bring the price back up. I'm not bored yet, just a little concerned!

[xdavid] 07/11/2012 18:32

Boredom? :-) Does it all the time. Large proportion of shares are in director's hands so it only takes a small amount of trading to make it move. Of course, this also works in the other direction :-)

[jameshodson32] 07/11/2012 17:48

Bought in a few weeks ago at 157. Any thoughts for reason behind drop in price?

[xdavid] 05/11/2012 15:59

This is getting back into Decision Time territory...

Historic PE 7.1
Historic Divi Yld 3.25%

[mr. t] 27/10/2012 08:30

Someone is interested in an investment in MSI: