in the oil services sector

http://www.hallinmarine.com/

showing strong growth, forward p/e around 10, they look very under-valued, imo.

HMS is in the process of being rerated now and is up 7p to 152p today. Still way undervalued imo, I'm looking for 266p before the year with plenty of upside after. At 266p the 2009 per would be only 8.5 and 2010 per would be 7.