pick of the engineering sector, page-27

"I wouldn't read anything into the rise today.Very low volume."
I think the situation re NMS has changed. Forced selling has abated and those choosing to bale have done so. Hence, the stk has become tightly held and TO of 200,000 is certainly sufficient to move the SP.
My confidence re NMS remains strong and the 31c close on Friday on a lousy day for many engineering stks indicates punters are aware the underlying fundamentals are solid.
If ASX sentiment does change then NMS will outstrip most shares.But if mkt remains gloomy and wallows at current levels i still reckon NMS will steadily gain as we approach the 2Q results in late Feb.
In summary i view NMS as a 'safe'company compared with most of its contemporaries.