The West Australian Friday 14.03.08
Strong Buy
Intersussie says Neptune Marine Services NMS is developing a unique global position through its strategy of acquiring specialist diving services groups and welding them into an integrated engineering services provider.
(i dont think any pun was intended)
The broker said that earnings per share eps growth would be slowed by share issues and the company needed to prove its integration expertise,but its progress had been rapid and ahead of plan and its maiden profit was promising.
It has captured a strong commercial advantage in a specialist area strongly in demand as the pace of subsea oil and gas investment and existing facility maintenance is growing rapidly. Intersuisse said.
It reiterated its strong buy recommendation.
The West Australian Friday 14.03.08Strong BuyIntersussie says...
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