ellio
- 20 Feb 2006 15:12
Guys, I've been watching this for a while and like renova, watched too long whilst it got away. I've jumped in on RHEP though(at a premium nms is only 3k).
Anyway they supply chemicals and technical services to the mining and oil services industry, they are already making a profit and roughly are about 20 p/e but expecting to grow dramatically as they move into the downstream supply of chemical and services as well, so in theory they could be due a full rerating, they had traded as high as 20p last year so am expecting a recovery to that level and with further deals a push up to 30p, as ever dyor, the market seems tight on the shares so be prepared to but a premium, I did, note only a small amount, see how we go.
annie38
- 20 Dec 2010 20:47
- 24 of 26
H: Thanks for your thoughts and information. This time next year it may just have multiplied !
annie38
- 04 Mar 2011 08:47
- 25 of 26
Very interesting RNS this morning !!!
halifax
- 15 Apr 2011 13:25
- 26 of 26
RNS confirms sale of drilling fluids business, now they can concentrate on exploiting their North Sea assets.