full year results, page-9

I have exposure to Clough and Neptune. Clough seems overpriced but they are exposed to 1.8 billion worth of business possibly as compared to 600m presently.

They should get the wharf work inPNG easily as well as further work there. They seem to have a big backroom workforce of engineers which should help them in the gas business.

I believe that NMS should outsource or franchise the welding technology under strict supervision. That way they could have 100 jobs per year gaining .5m per job with an effortles 50m profit. What would that do to the share price? Have a fixed camera in place to record the work as part of a quality assurance.