pick of the engineering sector, page-8

MikeMennell - completely agree with your correct and logical statements, and I hope for both our sakes that your are correct. Market sentiment and the oil/gas price are the factors keeping this thing down. Completely obvious I know.

NMS will continue to be in the money due to it's reputation and strengths (U/W welding etc). But I can't see the SP shooting north in the short term without large improvements in sentiments and accordingly the O/G price (which would probably mean a market wide upswing too no doubt).

A long sustained small upwards trend providing NMS continues forwards with no nasty surprises is much more likely. Breaking 0.29 is a barrier at this stage.

Fine by me. I'm happy to accumulate at these wonderful opportunities. Maybe Santa can bring a few more for me down the chimney while I wait to find more money.