Ms Share Discussion Threads

[davidosh] 04/10/2010 00:28

This is from the recent finals.... 'Defence' produced another record set of results reflecting growth in revenue, profitability, cash and orders on hand. The growth came primarily from strong export sales and manufacturing efficiencies, resulting from our ongoing capital investment in that business. This division accounted for some 60% of Group revenue and has orders on hand some 40% higher than at this time last year.

[rivaldo] 03/10/2010 19:59

A $29m contract win like this surely has to be RNS'd (the link does say "is being awarded") given that MSI's entire turnover last year was £41m. I'd assume that if it's not announced on Monday morning, then it will be as soon as possible. In the meantime perhaps we have a short window of opportunity. Not a bad contract win, for a company with a £23m m/cap, with £9m net cash, and where 3 directors have bought around 130,000 shares between them this year at around current prices.

[meadow50] 01/10/2010 18:00

per CDRefs only 6% of T/O was US based in 2009- fom the total of41m. Hope the contract will be hugely profitable.It'll keep them busy anyway!

[davidosh] 01/10/2010 16:34

We should see an RNS for starters surely. Not that these guys ever do those.

[meadow50] 01/10/2010 16:27

thanks RIV,just topped up.

[cambium] 01/10/2010 16:22

wow should see some reaction

[rivaldo] 01/10/2010 16:20

Crikey :o)) Just announced from the USA: http://www.globaldefence.net/defence-news/16901-usa-us-military-contracts-for-fy10-101001.html "MSI Defence Systems, Ltd., Norwich, United Kingdom, is being awarded a $28,637,375 firm-fixed-price contract to provide Seahawk Model DS 30M A2 30mm gun weapon systems in support of Foreign Military Sales requirements. Work will be performed in the United Kingdom and is expected to be completed December 2011. Contract funding in the amount of $6,250,517 will expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-10-C-2283). "

[gopher] 18/6/2010 08:32

A director buy again this week.

[cockneyrebel] 15/6/2010 13:57

Sold out a week ago here as the shares started to slip ahead of the results. Took a small loss. Have noticed in the past the shareprice telegraphs the results to a certain extent - co must leak a bit of news each time imo. Look cheap to me still but suspect the tone of the results will make these tread water at best for a while. CR

[davidosh] 15/6/2010 12:00

The statement today suggests the 50% seller in the business was distressed too ! So they should have been able to negotiate a very low multiple especially as business not doing that well.

[gopher] 15/6/2010 11:50

I was surprised they bought the 50% stake in the Petrol forecourts business at £4.5ml given it only made 200k last year. There is just no trading in the shares,

[deadly] 15/6/2010 09:28

seems there's a lot of disappointment about, with the results. Also insider trading in the run up by the looks of it...the last month or two could not be described as firm, or there being any trends in place, despite some expectations. Directors must be miffed though after their buys. Could be a buy now.

[shroder] 20/5/2010 09:06

Nice trend in place, next leg anyone?

[cockneyrebel] 25/4/2010 12:08

Chart looking really nice here imo. With 7 weeks or so to the results it should be a very firm month or two imo. I'm expecting that big chunk of cash to have got even larger by the results. All that director buying is very encouraging too. CR

[shroder] 20/4/2010 14:01

Breaking out from trading range

[shroder] 06/4/2010 15:21

Trades above the offer at 140p

[cockneyrebel] 01/4/2010 12:46

I'm not worried about defence cuts - can any gov cut much on defence after the stick Brown has taken re cutting defence spending? Not when we are fighting a war imo - and Tories always have defence as a priority. I think the sector that worries me is mor PFI infrastructure, roads, brudges, highways and the like - look at the roads already - soft target imo.

[stevedeer] 01/4/2010 12:42

peeping around here myself... just a little concerned about the weighting towards defense and possible post-election defense cuts... chart looking nice though!

[cockneyrebel] 01/4/2010 12:39

Looks like Lane Smith is a foreced seller imo Shroder and the Chairman has taken them off of him at mid. Bell has been buying loads lately it seems. Trading has been good thaty have said and net cash of £7m compared to the mkt cap is huge. Made a packet in these in 04-06 when small caps recovered their charm a year after the bottom. Time seems right again perhaps. CR

[cambium] 01/4/2010 12:19

check our ROR, GHH, GDWN, JDG, all constituents I think

[shroder] 01/4/2010 12:18

You would never think industrial engineering would be doing this following a major recession: free stock charts from www.advfn.com

[shroder] 01/4/2010 12:11

Roger Lane Smith (non exec) seems to have disposed of same amount?

[cockneyrebel] 01/4/2010 12:03

Just a director buy I think Shroder - no sell to go with it - looks like he cleared the mm's out at the end of the tax year :-) CR