pick of the engineering sector, page-29

Plenty vol today. SP ended the day even after strong start. My initial reaction at close of trade was dissappointment NMS hadn't held some of its gains. But SP closedabove days low and many of its engineering peers lost ground all day. So continue to feel holders will not sell readily and buyers will not go away. 40c by mid January still my guesstimate unless general mkt keels over. Many energy stks lost ground today yet NMS heldup. All-in-all good signs buyers realisee the potential of this niche category offshore company.