with this moving and holding in there, the rumour of a 400p takeover (Sunday press/FT etc) that has been around for weeks may finally be transpiring....

Amec, the engineering and services company, is in line to win a $1.5bn contract to process nuclear waste for the US government after starting work on a pilot scheme last week ...from the Sunday Telegraph!

Humm - These baby's seem to be having a bit of a rough time over past week. Not aware of any adverse news. Anyone got any information and/or now when results are due to be announced?

results are March 10th. personally i feel their may be a bit of an upward surprise....

great trading stock with a takeover story overhang. low 300 buy and flip them or keep hold for the t/o! either way a quality company that i wil add to if knocked.

back up again, anyone heard anything????

Yesterdays acquisition news and Fidelity have upped their holding by 1%. Maybe behind it?

http://www.uk-wire.com/cgi-bin/articles/200504070849397454K.html

fidelity can't get enough...look at the RNS Holdings over the last couple of months. A stock for the pension in my view!

Do you have a target price on this one or are you holding this long term in a SIPP or such like? Looking at the chart, seems to be near a resistance point but if it breaks through could be some decent upside.

i am holding for the bid spec as of last year and also i think this is a quality growing company which is v. well managed. not in a sipp but a hold until 430 ish. the trader in me i telling me to touch down here for the cycle but i feel this has tested resistance to the point that it should break through... any thoughts?

Dont really know too much about the company, but Fidelity holding 11+% suggests to me that they see a lot of prospects over the med/long term. That is a decent sized holding as well. Can see why you might want to take some profits as it had a good run up from 300, but it seems to be breaking to new highs now, apart from the begining Oct end / Sept spike to 340. It does look as if it has hit this 325 ish resistance a few times and pulled back, so perhaps this time it will break through? Definitely one for me to watch closely here.

thats just it....how many times befor resistance is broken? my view is that these can retest recent highs and push through to 360ish...

Well it looks as if its breaking through that resistance so a good call on your part to keep holding. I would say closing today at this level would be a good sign.

me too. if they break higher on monday then very happy days

Good stuff here.

I will go over it all later.

;-))

this is just one of those quality firms that has gone from strength the strength with a huge order pad and, are a a bid target as well. pension fund holding as far as i am concerned.

Are you lot still In these?

Down on results today, but thats nothing unusual.

Can I ask what your current feeling on the Company Is?

Couldn't resist these at 344.5p.

still bullish and as previously stated a bit of a pension fun hold even though i am in my early thirties!

i think the long term potential and solid order book is as good as any, as is the management, and feel that it may be a longshot but is always a possible t/o target. sit tight, these bounce.

rgds
PT

Thanks prop....It's that bounce that I'm mainly Interested In.

the bounce to 400p hopefully!

Bounced from the off, up 5.5p so far.