smart investor article

I see Neppy has been written up in the latest edition of Smart Investor.

Nothing new in the article but just another good report on what we all expect to be a bright future for what they describe Neppy as having "successfully positioned itself as a leading player in providing sub-sea construction, inspection, repair and maintenance work".

The author goes on to say "Given that it should turn last year's loss of $6.7m into a profit approaching $10m in 2007-08, it is difficult to comprehend the extent of the fall in its share price".

We would all agree with that statement but know that it can't be very far away when we see another run up to the levels we have enjoyed before.

Given that Neppy seems to like reporting on the absolute deadline, I expect its full-year figures to be published next Friday.

Look for some enthusiastic buying over the days beforehand.