Incredible value IMO. I read through many NMS posts, company announcements IV on BRR and cannot come to any conclusion except they are ideally placed to benefit from their advanced skills/technology in repair/maintenance of oil/gas infrastructure. Their order book is filling rapidly and margins in this sector of engineering far exceed those in mining/construction engineering.
NMS have the personnel and tools (dry underwater welding technology) to dramatically increase revenue and profits. Their list of clients is top notch. Low company debt is a huge bonus. My absolute pick of the many engineering stks i hold. Def the company i have most faith in. Am selling other stks to buy more.
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