Charter, engineering firm with excellent growth in China and cash pile. Tipped as a buy recently by shares after 10% drop has now shed 25%,,appears to be a good trading share when looking at chart good support at 985p currently 1020.
I would expect most of the profit taking to have eased, trading statement due late December, can't see that things have deteriorated for them to this degree in such a short time, so expect the sp to recover from here.
My target is 2 upside by year end, holding and waiting.
Directors seem happy to put several thousand behind it. p/e currently 10.