Ms Share Discussion Threads

[cockneyrebel] 15/10/2005 12:09

Took my profits in Metal Tech (MTT) a couple of weeks back. Feel it needs a strong mets and mins market to do well. If it came off a tad more and mets/mins picked up I might be tempted to buy back - got to remember it's an Israeli company so there's risk as well as reward. Still, could be plenty to play for in there if you get the timing right imo.

CR

[leopold555] 15/10/2005 12:01

Great News CR I was just looking through the papers for my holdings when I spotted your post. I need to increase my holding here :-)

Leo

[peladon] 15/10/2005 12:00

Snap. Now if tomorrow I could get POG, TRS, HILS etc., etc......

[tonyx] 15/10/2005 11:50

Yes, thanks CR.

Well that 2 of my holdings with positive writeups today (MTT the other)

[peladon] 15/10/2005 11:50

Thanks CR.

[cockneyrebel] 15/10/2005 11:40

Here we go :-)


"MS INTERNATIONAL


Mixing production of the forks for fork-lift trucks, forgings for petrol station forecourt structures and naval gun mountings would initially not seem like a great recipe for a successful company. But MS International has managed to almost triple its share price over the past year doing just that. The shares, which hit a 15-year high of 142½p this week, have outperformed the FTSE All-Share index by 148 per cent in the past 12 months. In June MS reported that full-year profit had more than doubled from £1.38m to £3.34m. Further impetus to the share price was given in September, when MS announced a £15m contract with the Navy to produce and mount 26 Mark 2 Automatic 30mm naval guns. The relatively low newsflow surrounding the shares is mainly due not only to MS's size - the group is considering a move to Aim - but the low liquidity; most of the shares are held by the family and a couple of long-term investors, leaving about a 40 per cent free float. There are no forecasts for next year's figures, but there is little to suggest that the group's markets will slow down despite high raw material prices.Lisa Urquhart"



---------------------

How off the radar is this little company? Looks like the press is starting to see it now tho :-)

Directors buying, company buying shares back, FT taking an interest - looks like my 2 bagger is becoming a 3 bagger before long.

Probably on a PE for this year of around 10 or less with the growth and the share buy backs.

1.8p eps 2003, 4.2p eps 2004, 10.8p eps 2005 - we might even be conservative looking for 16p eps this year!

That's astonishing growth for a single digit PE company which is developing a long term growth record - you'd expect this to trade on a PE of 15 or more imo. Good diversity, good div, share buy backs, pension surplus, good balance sheet and no nonsense - sort of thing Jim Slater would be buying on the the Zulu basis I'd say and waiting for the re-rating.

CR

[peladon] 15/10/2005 11:08

Something in the FT today, I gather?

[leopold555] 13/10/2005 16:26

Nice to see MSI holding firm.

[cockneyrebel] 13/10/2005 16:12

yep, I hope so with CFE, might just be poor timing. But good investing is about good timing - timing definitely out there at best :-(

CR

[bigbigdave] 13/10/2005 15:44

Well holding nice and firm on a very red day so just got me another 2k

bbd

ps O/T - CR Don't think you've necessarily called CFE wrong, all the research is spot on. Just maybe 6-9 months too early. Will keep watching.

[cockneyrebel] 13/10/2005 10:04

Good find Rivaldo - you're some detective. I've not seen that before, hasn't been posted here. Looks like the defence side is roaring away. Canopies seem to be doing very and fork lifts forks seem busy too. All adds up to why we've seen the director buying we have seen imo.

CR

[leopold555] 13/10/2005 09:49

Good luck Wiganer

Leo

[wiganer] 13/10/2005 09:48

Took profits today, simply because I needed the cash.
Might get back in at a later date.

[rivaldo] 13/10/2005 07:29

Ooooh, what time and where does this love-in start? :o))

My news alert has brought me this today - it's a bit slow sometimes (this is from March) but it's still good news for MSI (hope it hasn't been posted before):


"ADI Contracted to Supply MSI Gun Systems for Project Protector
(Source: ADI Ltd.; issued March 3, 2005)

ADI Limited (Australia) has been awarded the contract to supply the main gun systems for the New Zealand Ministry of Defence's Project Protector program by the lead contractor, Tenix Defence Pty Ltd.

The systems are the MSI DS25M designed by MSI-Defence Systems, UK. This modern modular design enables a smaller calibre gun system to be configured in virtually any format to meet the full spectrum of potential naval configurations, from manned, with basic sighting, to full autonomous control by a ship's systems or control at a remote station.

The systems for the Protector vessels will incorporate the ATK 25mm M242 Bushmaster cannon, common to the NZ Army's light armoured vehicles, giving the navy commonality of ammunition and cannon training and support.

"ADI has chosen to continue collaborating with MSI to offer new supply and through life support for the MSI modular gun systems. Previously we produced six 30mm MSI gun systems for the Royal Australian Navy's Huon Class minehunters," said Mr Lucio Di Bartolomeo, ADI's managing director.

"ADI considers the MSI modular gun system as the best in the market. It is extremely well designed, very robust, while maintaining a lightweight footprint.

"Its marinisation is excellent. This is critical in achieving reliability and low through life costs. This has resulted in a system capable of withstanding the pounding from heavy seas and green water exposure while then continuing to deliver the best reliability and availability of the systems currently available in the market."

MSI has well over a hundred units in service with a range of navies.

Tenix was awarded the Protector Project in July 2004 after an extensive competition involving over 25 shipbuilders worldwide. The Protector fleet will comprise one multi role vessel, two offshore patrol vessels and four inshore patrol vessels to be progressively delivered in 2006 and 2007. The MSI gun systems will be installed on the MRV and the two offshore patrol vessels. Tenix tendered the MSI gun in its baseline offer to the MoD and has been negotiating with ADI to conclude these contractual arrangements now in place.

ADI Limited is a major supplier to the Australian and New Zealand Navy and Army of small arms and medium and large calibre guns systems. It provides logistic support for the majority of the ADF's gun systems. ADI is also the primary supplier of munitions to the ADF. It constructs and maintains naval ships; designs and integrates combat systems, aviation mission systems and naval communications equipment; designs and manufactures high mobility and protected military and emergency response vehicles.

MSI-Defence Systems is a major company within the UK based MS International Group with its head office and manufacturing facility in Norwich, UK and an important support establishment in Weymouth, UK. It plays a leading role in the design, development and supply of naval systems unrivalled in reliability, flexibility and performance."

[xdavid] 13/10/2005 00:13

Since we're having a love-in ;-0...

CR, were you not in SGI at the same time as me last year (or thereabouts)?

[cockneyrebel] 12/10/2005 19:31

:-) ah, I don't get them all right, looks like I caught a cold on CFE - I guess Freddy holding them was a big warning signal I ignored.

At least a few of you have made a few bob from this with me - nice when things come good (imo bigbigdave :-) )

CR

[leopold555] 12/10/2005 18:56

Blimey CR seems you have a band of brothers :-)

[bigbigdave] 12/10/2005 18:20

If I offered CR a pint (or whatever his tipple) for every 'imo' on this website

He would be exceedingly drunk

cheers CR

bbd

[diogenesj] 12/10/2005 18:01

Even I've made a few quid following you (rather late) into these, CR. Wish I'd acted sooner now.

[cockneyrebel] 12/10/2005 17:56

great - more the merrier! :-)

CR

[spinkydink] 12/10/2005 17:50

cheers CR, you have helped me double my money too!

[leopold555] 12/10/2005 11:49

Well done CR, I used to read all Britishbobs posts on Sharecrazy. Knows his stuff

thanks
Leo