Ms Share Discussion Threads

[overmars] 26/6/2022 13:21

Maybe I am old school.
My company jumps when the customer calls!
We do answer the phone {quickly}.

[illiswilgig] 26/6/2022 09:22

Thanks - west of england - seems no hold up expected, other than booking the room! AGM notice period means that the results will be published in the next week or two?

cheers

[illiswilgig] 26/6/2022 09:10

'Anyone else find it weird that they don’t answer the phone?'

Not really.

Basically it goes with the territory. More old school in approach. Love it or hate it.

The executive chairman is the largest shareholder and has been for decades. Run more like a family owned firm. Tends to be good for 'family' (including long term investors) and long term investment in the business, not so good for short term investor gain and communications.

They have no debts, are stuffed with assets, have a very large pile of cash and have no need of fresh funds from short term shareholders - who are expected to trust management. Not an easy thing to do these days?

Sometimes that can lead to lazy management. That seems not to be the case here and the evidence shows that they are using all their recourses to keep their customers happy, make sales and invest in future products even if they don't answer investors calls. I hope that accurately reflects their priorities?

cheers

[westofengland] 26/6/2022 08:20

I called this week and got through. The lady I spoke to said that the AGM will be on 28th July subject to her booking the room at the Hotel.

[overmars] 26/6/2022 02:17

Thanks for the input.
Anyone else find it weird that they don’t answer the phone?

[illiswilgig] 24/6/2022 18:55

Don't think thet they are in the habit of naming the date in advance. Last year it was 22nd June, and the year before 1st July. So we are in the window when they could drop at any time?

cheers

[norbert colon] 24/6/2022 18:54

I would hope any day now - they were early July in 2020 so perhaps next week. Auditors might be dragging their heels.

[overmars] 24/6/2022 18:44

Anyone know when the company will be announcing full year results?
I have called them several times but they don't answer the phone.
Hopefully they do better for existing and potential customers. Lol!

[overmars] 24/6/2022 18:44

Anyone know when the company will be announcing full year results?
I have called them several times but they don't answer the phone.
Hopefully they do better for existing and potential customers. Lol!

[norbert colon] 24/6/2022 17:00

Actually it seems these additional boats may be drawn down from existing US Navy stock so we’ll have to wait for further details.

Edit - yes looks like they will be 2 x 35' riverine craft, 6x 40' maritime combat craft boats and 10x 34' Dauntless Sea Ark patrol boats according to officials - all coming from existing US stock.

Hopefully this might mean the US Navy order new MkVI patrol boats for themselves with MSI mounts....will have to wait for further news.

[norbert colon] 24/6/2022 15:01

https://www.navyrecognition.com/index.php/naval-news/naval-news-archive/2022/june/11859-us-dod-to-deliver-18-coastal-and-riverine-patrol-boats-to-ukraine.htmlMore good news

[illiswilgig] 01/5/2022 18:52

Norbert thank you for posting the link to that project. Very impressive.

I've seen the project being promoted, so I'm delighted MSI are involved - it looks to be setting a new standard and I can imagine good future business flowing from this.

cheers

[norbert colon] 29/4/2022 20:34

Nice project recently completed by MSI for Shell:https://www.shell.co.uk/motorist/ev-charging/shell-recharge-fulham-road-our-first-uk-all-ev-charging-hub.htmlMSI undertook the construction of the project's retail sales building that features a Costa Coffee store and a Little Waitrose & Partners shop offer. Global-MSI was responsible for the design, manufacture & installation of the building steel frame, roof & wall cladding, as well as the double-glazed shop front

[nico115] 24/4/2022 17:15

For now!! Rates rising rapidly ?

[eezymunny] 23/4/2022 15:31

Don´t forget all the freehold property Nico +++
And the pension deficit --- (for now!)

[nico115] 22/4/2022 17:16

50p eps x pe of 8 is 4 quid Add in the cash 500p?

[norbert colon] 21/4/2022 16:57

Yes correct Pat. GBP10-15m+ order alone.

[cockerhoop] 21/4/2022 16:41

If i'm reading that correctly Simon, the 3 PSC's will require 6 mounts in total which were originally spec'd as Mod 3 (non MSI) with further possible upgrades to other types of USGC cutter.

[norbert colon] 21/4/2022 16:29

https://www.navalnews.com/naval-news/2022/04/usgcs-cutters-to-receive-30mm-mark-44/

[this_is_me] 21/4/2022 15:17

The market certainly seems to think that the prospects are very good.

[battlebus2] 21/4/2022 11:10

Through £3 and still cheap imv.

[norbert colon] 13/4/2022 14:45

One possibility is ancillary items such as those shown here:https://msi-defencesystemsus.com/products/stabilized-systems/

[cockerhoop] 10/4/2022 13:24

The first batch of our 30mm naval guns for supply to the US Navy is in production for delivery in the second part of this financial year, alongside various other export sales items.

This is from the Interims - does anyone know what the other export sales items relate to?