Ms Share Discussion Threads

[cockneyrebel] 31/5/2006 14:34

nice tick up - of course they won't give notice of results - they never do - so we'll wake one morning and there they are.

Starting to get excited myself :-)

CR

[sja123] 30/5/2006 10:42

........all quiet so far today......do we have an exact date for results in June? Last year was the 28th.....

[janeann] 28/5/2006 22:13

no hiding anything from you cr. but why show it there and not on the main market. Perhaps its just too complex for me. (and only today cos of the mayborn fiasco with a derisory offer so I took my remaining cash out)

david

[cockneyrebel] 26/5/2006 18:21

1797? If so it shos as an Ofex (PlusMarkets) trade.

CR

[janeann] 26/5/2006 18:11

and i bought some this am.... no sign of any trades today.

so just what goes on?

d

[sja123] 26/5/2006 16:01

Only two trades on Plus Markets........but we have a rise anyway:0)

[pip_uk] 26/5/2006 14:12

Beginning to understand how tightly held these shares are, have not seen a trade go through on ADVFN all day.
Regards.

[sja123] 25/5/2006 20:59

.....found them on Plus Markets.......along with four others today:-)

[sja123] 25/5/2006 17:57

Bought on three occasions this afternoon and none of them show on the trades on ADVFN.......can only assume they were put through on a different system.....makes you wonder how many other trades are not seen.......

[cockneyrebel] 25/5/2006 16:05

'no expenditiure on unnecessary RNS'? You mean no expenditure on "necessary" RNS' either!

Does mean tho that it is a business run as a very tight ship imo - I bet the directors pay for their own petrol for leisure time too! :-)

No nonsense tho, which is a breath of fresh air from all these other company's announcements saying we thing we might have a customer who might be interested in buying something eventually, fingers crossed.

CR

[rivaldo] 25/5/2006 15:55

Broker research? You'll be lucky! MSI are probably the quietest company on the market - no analyst coverage, no expenditure on unnecessary RNS's or PR, nothing.

What they do is concentrate on good management and growing their 3 niche businesses.

I'd use CR's estimates as a pretty good (if bullish as usual!) guide. Those of us who've been into MSI for a while have done pretty well so far by them (touch wood).

[cockneyrebel] 25/5/2006 15:55

believe me, if you think this stock is tight wait till you get strong buying - it goes vertical - and we must get strong buying before the results or on them imo

CR

[sja123] 25/5/2006 15:53

....in for a few more this afternoon.....think it will prove a good move in a month or two.........

[sja123] 25/5/2006 15:24

Unable to buy even small ammounts online at the moment........I had to send a small trade to the MM and it still isn't showing as a trade.......if ADVFN are correct.....it is less than NMS too....

[cockneyrebel] 25/5/2006 11:11

Also lower now than last November - these have sat out the general euphoria over the last 6 months.

Show me another stock that's done year on year eps growth of 1.8p, 4.2p, 10.8p and 7.7p eps in H1 and trade on this low a rating. You'd understand a low PE if they never had a continuous record of earnings growth but this is bustingly good.

18p eps this year indicates something like 30p eps next year. We're only playing safe with a guestimate of 24p next year imo. 24p is a PE for the current year of 6.5!!!

CR

[rivaldo] 25/5/2006 10:59

Agreed. If we get the same sort of rise this year as in H2 last year the share price should be well over 200p and more like 250p.

Meanwhile the current price remains only just above the price at which MSI were buying shares back in (146.5p). A bit of a signal from the company you might have thought? :o))

[cockneyrebel] 25/5/2006 10:07

Well we can't be surprised these are rising - they have been ignored for months despite the fabulous growth record and low PE.

Results in June will highlight the value so punters starting to buy ahead of them imo. Set your alarmclock for a massive market wake up call in June imo.

CR

[cambium] 24/5/2006 22:59

From Cornhill

Dear Client,

Here is the view of our Head of Trading, Richard Earthrowl, on the current state of the stock market.

Global Equity markets have taken a battering in the last 10 days. The FTSE has given up over 9% and is now at similar levels to the end of last year. The sell off was triggered by macro-economic data from the US. The falling dollar, rising interest rates, the US trade deficit, and inflationary pressure were the reasons that people have been reeling off to explain the fall. These problems have been with us for a while, which is why people are calling the sell off a "correction", that it is healthy for the market and that it has been due for a while. It is easy to say this with hindsight. People are looking at the dollar weakness as a leading indicator; the decline started at the end on March. If you sold equities then, you would have missed five weeks of gains and the top of the market. The US trade deficit has been a burden for years, energy prices are at historical highs and have been there for a while, so people were aware of the inflationary pressure high energy prices cause.



The main fallers were in the oil & mining sectors, obviously the sectors that we are mostly involved in. The FTSE350 Mining Index is down 26% but two weeks ago oil and mining stocks were trading at or near new highs, with China's insatiable appitite for resources fueling unprecedented gains. Record profits have been seen at the oil and mining majors and the high price activity has attracted "speculators" who fuel their own fire and push prices further, both in commodities and stocks. Hedge funds and commodity traders are exposed to some heavily leveraged positions, and a lot of this sell off has been caused by these highly leveraged positions being unwound. The FTSE has fared worse than most indices as it has a larger weighting to the oil and mining sectors. There has also been a large increase in margin calls at all CFD providers over the past fortnight. As dark as the past 10 days have seemed, all is not doom and gloom. Money has been coming out of oil and mining stocks and the relative commodities, but it has been going elsewhere. The dollar has rallied and the bond market, which has seen little interest for so long, has perked up. This is why this fall in global indices has been called a "correction" rather than a crash. If there was complete panic everything would be sold off.



A pull-back in the oil and mining sectors is healthy as it gets the speculators and the "hot money" out, and these stocks will find a base at a level where new money can come in and value can be found. The situation has not changed. There is still a real demand for resources from China, whose economy is still growing at a very fast rate. The main fear is that interest rate rises will be used to curb inflation and this will stifle global growth. China is growing at around 10% per annum and interest rates are historically low. Other sectors have been pulled down by the sell off, but company earnings are still good, and, if the market is rebased to take into account inflation, there is still a long way for stocks to go up. There is still value, which is shown by company earnings, the corporate merger activity and private equity interest. In April 2004 the AIM Index fell 10% but then rallied strongly. In March 2005 it fell 19% and rallied again to reach new highs this year. It is currently down 15% in this sell off. My advice to you would be to hold, and see this correction out.



On a level that is more specific to Cornhill Asset Management, we select primary issues (IPOs and pre-IPOs) with real upside potential that is not based on a pipe-dream but is based on hard assets, or a superb management team in the case of our cash shell companies, or both. We get in at a valuation that is attractive to all our investors and offers real opportunity for maximum returns. Our net returns for investors are still over 100%. Yes, sentiment has been affected greatly by the quick and vicious sell off of late, but these companies still have a valuation that is well below what we believe it should be. The clever investors buy in when everything looks bleak and sit on their holdings. I'm not picking the bottom of the market, and volatility will be high over the quieter summer months as volumes will be down. But The FTSE is technically oversold at these levels due to leveraging of the commodity traders, the hedge funds and the CFD margin calls. The correction has been vicious, but I think it has gone too far. I believe this is a buying opportunity.

[cockneyrebel] 24/5/2006 11:35

I think they are probably Esso still, with a rebranding.

The bit I noticed was this:

"If you need a system built shop to look more traditional we can do it cheaper than conventional build. We use tile effect components insulated roofs and look-alike over claddings to replicate just about any finish

The Esso On the Run Shops use both simulated tile and brick finishes throughout Europe"


If MSI are constructing these throughout Europe then they must be up to the gills in work imo.

CR

[milesy] 24/5/2006 11:34

CR - now you mention it I think it is Esso's offering, a la BP's Wild Bean Cafe etc. Have just recalled a recently refurbed Esso station on my commute home that I think has been given an On the Run makeover.

Nice!

>M

[cockneyrebel] 24/5/2006 11:26

You can watch their video for constructing "On the Run" stores here: