I bought into these yesterday and they are rising steadily. Main market listing with results in August and the market seems to like them. They are in the rapid growth oil and gas support area.

Well I sold to buy Moneysupermarket which is just beginning to rise---still kicking myself though!

mp
You must be full of bruises.

lol driver---all mine are deep red at the moment except vyke so selling wsm, my remaining sola and also fxpo were not my best decisions! cfe looks hopeful, tom is sinking and yoo,seo etc are in the dog basket!! I hope you are prospering.

Lots of positive press and broker comment earlier this week seems to triggered a further surge - not to mention the effect of consolidation rumours within its subsector.

go to google.com and search Wellstream within the NEWS area there. It shows a stack of coverage in half a dozen papers.

17th June 2007

Wellstream International Ltd has entered into an agreement with an affiliate of Hydro and Anadarko Petroleum Corporation worth 18m for the supply of twelve (12) 11.5-inch ID flexible risers for the Peregrino project offshore Brazil. These risers will be used to connect subsea pipelines to two wellhead platforms and an FPSO in a water depth of approximately 125m.

The pipes will be partially manufactured in Newcastle before delivery to Wellstream's new Brazilian manufacturing facility in Niteroi where the pipe will be completed for loadout at the adjacent Bardella Base. Delivery of this contract is scheduled for 2nd quarter 2009.

CEO Gordon Chapman commented "We are delighted to have been given the opportunity to supply risers to the Peregrino project and to continue our long-established relationship with Hydro. This project continues to build on Wellstream's excellent track record with international operators working offshore Brazil, and follows the successful execution of projects such as Shell Bijupira/Salema, Devon Polvo, and the ongoing Chevron Frade, which is currently in the manufacturing stage. With the award of Peregrino, Wellstream will have supplied all of the non-Petrobras flexible pipe projects in Brazil to date."

Wellstream International Limited is a wholly owned subsidiary of Wellstream Holdings PLC (FTSE:WSM). The company is a leading designer and manufacturer of bespoke flexible pipeline products, systems and solutions for the oil and gas industry. Its pipeline portfolio includes established product lines such as dynamic flexible risers and static flowlines, for deep and ultra-deepwater environments, in addition to newer products designed for onshore (FlexSteelTM) and high temperature/high pressure products for drilling and service applications. With over 700 employees internationally, Wellstream has offices/facilities in Newcastle upon Tyne, UK, Panama City, Houston and Denver, USA, Calgary, Canada, Rio de Janeiro and Niteroi Brazil and Perth, Australia. Further information regarding Wellstream, its products and services can be accessed at www.wellstream.com.

BROKERWATCH Wellstream target price raised to 1,100p at Credit Suisse, rated 'outperform'


LONDON (Thomson Financial) - Credit Suisse has reiterated its 'outperform'
rating for Wellstream, raised 2008-10 EPS estimates and target to 1,100 pence
from 800 on the back of higher capacity in Brazil and slightly more bullish
pricing assumptions.
In a note to clients, it has changed its assumption for existing Brazilian
capacity in 2008 from 100 normalised kilometre or nkm to 150 as management has
indicated that this is the exit rate for 2007 and it has confidence it can be
sustained at this level. It said overall its EPS estimates rise by 45 pct in
2008, 30 pct in 2009 and 48 pct in 2010 to 53.3p from 36.7, 65.0p from 50.0 and
77.7p from 52.3 respectively.

tf.TFN-Europe_newsdesk@thomson.com
nma/lam

What caused the rise today? Ayone know??

Sorry for the slip should be anyone know?

Wellstream Holdings PLC said it sees full-year
results significantly ahead of analysts' expectations on strong operational
performance.
The flexible pipeline systems maker said total order intake for the year was
about 365 mln stg. As of Dec 31, 2007, total revenue backlog was about 330 mln
stg compared with 226.8 mln stg a year ago.
price now 1271p

moneyplus to soon.

I kick myself every day for selling too soon--but maybe this will pull back enough to get in again! I'm in KENZ now waiting for the market to wake up to it's potential--any views?

WSM has been written up by Quantum Leap this week (psst! they have also promoted a few stinkers of late thanks to dodgy markets), but it is certainly an area in which i think it well worth investing .... hence my regular touting of PFC.

finals are due 2nd April and if the markets continue to be volatile at best, then there could well be (sorry!) better opportunities to jump in .... nevertheless, have put on my watchlist and will prob buy in due course, 12.00 being the obvious sort of level

THANKS FOR KENZ

bought some this morning at 1287 and also some WG. at 403.5 ..... i like the sector a lot, but had taken my profits in PFC yesterday or the day before

I hear a whisper that a well known naked individual is looking this one over. i'm not a subscriber but would hope he likes this one.

all slightly puzzling .... delighted that sp has shot up today, as has WG., but there is certainly no news out, other than riding on the back of the t/o approach to Expro, so ask myself whether or not i should bank a very quick but very nice profit.

with quite considerable reluctance, i banked my very tasty profit ..... it is far from impossible that i shall venture back again tomorrow, but if Dow turns nasty during the evening, and all markets are very unstable at the moment, then that profit could easily be wiped out before London opening

i could equally or even also have sold WG., but decided to hold that as on balance i thought it may have more going for it in terms of being a t/o target and also that it was recently recommended by Quantum Leap at 419

It is oil driving the gains at the moment !

Kenz up v. nicely today thanks RB.

glad i hold PFC and not WSM ..... don't think i could have taken the pain of two stocks getting totally smashed (this + IEC) .... i assume the figures disappointed though i have not looked