daytrade diaries... november 13, page-91

Viphar - NXS.

Charlie Aitken (Southern Cross Equities) recomm. in this morning's newsletter.

"NXS is an undervalued asset play, which we conservatively value at $0.52. If management can execute a good deal on Crux, the valuation could
exceed $0.75. The company has re-capitalised and successfully commissioned the Longtom gas field, providing a solid cash flow base of $70 million pa
for the next ten years plus. We see very little downside risk from the current price level but a lot of upside potential."