goldfinger
- 04 Dec 2006 09:42
Well worth a look at these.
Had them on the watch list for a while and then bought them on Friday when the chart showed a breakout. Consultants in the Nuclear/Engineering Business, growth looks like it could be top notch here and this one generates cash hand over fist.
Little capital expenditure as the company provides the brains (engineers) within the British Nuclear Industry but growth abroad cannot be ruled out.
The company does a lot of sub contracting work and as some excelent contacts within the industry.
Stock trades on a 2007 forward P/E of around 16 but this should fall if the company increases growth internally and by way of acquisition.
A bit of background on the company.
International Nuclear Solutions is one of the largest nuclear engineering
companies in the UK and involved in waste and nuclear materials handling,
processing and storage, including new build facilities where necessary to
support clean-up and decommissioning programmes. In addition, INS provides
support for plant asset care and maintenance of redundant facilities. The
company also supports the commercial operating facilities associated with fuel
fabrication and spent fuel reprocessing activities at Sellafield.
Highlights:
INS is a specialist provider of nuclear engineering and consultancy
services in the UK
The Nuclear Services Division has grown annual sales from circa 12.3
million in 2003 to circa 24.6 million in 2005
In 2005, the Nuclear Services Division generated net profit of
approximately 2.3 million
Has an established business with nearly 25 years ofexperience in the
nuclear industry
Experienced management team with over 100 years of experience in the
nuclear industry
Has long standing relationships with BNFL and a proven track record at
Sellafield
Nuclear Decommissioning Agency budget is 2.1 billion for 2006/07 of which
circa 55% is earmarked for commercial activities and the remainder for
decommissioning and cleanup
The order book is strong
Director Speak
Tony Moore, Chief Executive of INS added: 'As an independent company, all our
focus will be on growing the business both nationally and internationally within
the burgeoning nuclear sector. The Nuclear Decommissioning Authority recently
estimated the cost of clean up and decommissioning in the UK, for 20 nuclear
sites within the portfolio, at 63 billion. There is also potential in the
medium to longer term, for INS in nuclear defence and to support any new
investment in nuclear power generation.
DYOR.
goldfinger
- 04 Dec 2006 15:03
- 3 of 70
Fantastic volume in this one today.
Moving up nicely.
moneyplus
- 04 Dec 2006 18:20
- 4 of 70
liked what I see on this one -picked up a few today so I hope the rise continues!
mitzy
- 04 Dec 2006 19:45
- 5 of 70
Still cheap I consider 60 to 70p more possible in 2007.
goldfinger
- 04 Dec 2006 23:29
- 6 of 70
Nice to see you guys in. Good day up just over 8%.
goldfinger
- 05 Dec 2006 04:52
- 7 of 70
porky
- 05 Dec 2006 10:01
- 8 of 70
Renesola has a similar chart GF.
goldfinger
- 05 Dec 2006 11:45
- 9 of 70
Continuing its good run from yesterday.
mitzy
- 05 Dec 2006 18:47
- 10 of 70
Reckon it will be tipped in 2007 could be a good idea to add before that time.
goldfinger
- 06 Dec 2006 11:22
- 11 of 70
Had a few more yesterday Mitzy, can see this one really doing the business in 2007.
mitzy
- 06 Dec 2006 18:03
- 12 of 70
Good luck to you gf got a feeling that at 30m cap that this one has a huge market ahead of it and just needs a few more contracts to get moving.cheers.
goldfinger
- 08 Dec 2006 12:21
- 13 of 70
A few profits being taken, nothing special.
goldfinger
- 11 Dec 2006 08:32
- 14 of 70
In the blue from the start.
mitzy
- 13 Dec 2006 09:48
- 15 of 70
Moving again gf..
goldfinger
- 13 Dec 2006 09:50
- 16 of 70
Cant see the streaming Mitzy here.
goldfinger
- 13 Dec 2006 10:56
- 17 of 70
Can see it now, yup on the move back up........... NICE.
goldfinger
- 13 Dec 2006 12:37
- 18 of 70
Bombing along now.
Shame about HH on the other big site Mitzy, Im sure hel be back in some form very soon, nudge nudge, wink wink.
mitzy
- 13 Dec 2006 18:08
- 19 of 70
I,m sue he will gf a nods as good as a wink..I reckon 60p within the next months.
goldfinger
- 13 Dec 2006 23:35
- 20 of 70
Certainly Mitzy , cheers Gf.
goldfinger
- 14 Dec 2006 10:42
- 21 of 70
Nudging up now.
goldfinger
- 14 Dec 2006 12:42
- 22 of 70
And again.
goldfinger
- 18 Dec 2006 08:40
- 23 of 70
Just nudged up.
goldfinger
- 21 Dec 2006 11:11
- 24 of 70
Positive again today.
goldfinger
- 02 Jan 2007 11:05
- 25 of 70
Just nudged up. Could be a good un for 2007.
mitzy
- 02 Jan 2007 18:51
- 26 of 70
I reckon so gf keep holding for further gains .
goldfinger
- 03 Jan 2007 00:18
- 27 of 70
Certainly will do Mitzy.
goldfinger
- 03 Jan 2007 11:16
- 28 of 70
Turned blue.
goldfinger
- 03 Jan 2007 12:41
- 29 of 70
Must be a new high and still cheap.
mitzy
- 03 Jan 2007 18:28
- 30 of 70
Thought you would be pleased with todays performance gf it certainly looks like there is more to come as momentum comes into play.
goldfinger
- 03 Jan 2007 23:50
- 31 of 70
Yup I agree with you on that Mitzy.
goldfinger
- 04 Jan 2007 11:12
- 32 of 70
A new day a new high.
goldfinger
- 05 Jan 2007 11:19
- 33 of 70
And up she goes again.......... NICE.
goldfinger
- 08 Jan 2007 10:38
- 34 of 70
Started off positive.
goldfinger
- 09 Jan 2007 10:34
- 35 of 70
In the blue again, momentum is really behind this one at the moment.
mitzy
- 10 Jan 2007 09:51
- 36 of 70
Bad day on the market but INS going well up nearly 50% on this one in 3 months and more to come in the nuclear sector ..
goldfinger
- 10 Jan 2007 11:55
- 37 of 70
Up again Mitzy.
mitzy
- 15 Jan 2007 17:22
- 39 of 70
Its reached my 60p target gf plenty still to come I reckon.
goldfinger
- 15 Jan 2007 22:55
- 40 of 70
Me too added aswell Mitzy.
goldfinger
- 17 Jan 2007 09:32
- 41 of 70
Positive start to the day.
goldfinger
- 18 Jan 2007 11:01
- 42 of 70
ANOTHER NEW HIGH AND STILL CHEAPISH.
goldfinger
- 18 Jan 2007 11:18
- 43 of 70
DAILY EXPRESS
The David Shand Share Whisper Column:
*International Nuclear Solutions (INS.L) rose on speculation of a pending positive statement and possible takeover interest.
diamonds
- 18 Jan 2007 13:17
- 44 of 70
say aye to that lads and lassies.......
mickeyskint
- 18 Jan 2007 15:28
- 45 of 70
You've done well with this one today GF.
LOL
MS
capa
- 18 Jan 2007 15:37
- 46 of 70
Possible bid then.
Well done holders, I have just sat and watched it move up week after week waiting for a dip. Never mind.
capa
mickeyskint
- 18 Jan 2007 15:39
- 47 of 70
Me too capa. Shall we get drunk together.
MS
capa
- 18 Jan 2007 15:44
- 48 of 70
Not a bad idea mickey :-)
capa
mitzy
- 18 Jan 2007 19:52
- 49 of 70
Up over 50% on this one in just a few months.
goldfinger
- 18 Jan 2007 22:53
- 50 of 70
International Nuclear Solutions confirms received preliminary approach for co
AFX
LONDON (AFX) - International Nuclear Solutions PLC confirmed press speculation that it has received a preliminary approach for the company.
The nuclear engineering company said the board is considering the matter, which is at a very early stage, and said there can be no guarantee an offer will be made for the company.
newsdesk@afxnews.com
ks
grooverjr22
- 19 Jan 2007 01:42
- 51 of 70
Well done to all those long suffering shareholders of RTS from which this was demerged from..like me!
Question is take out price, it was in its ascendancy before and somone has obviously recognised its potential.
Any guesses folks?
Has to be an engineering conglomorate me thinks but we will have to wait and see
mitzy
- 19 Jan 2007 09:05
- 52 of 70
I would guess its a company that begins with the letter C.
grooverjr22
- 19 Jan 2007 09:10
- 53 of 70
funny, i actually thought of carillion but what do i know.this is purely a guess not inside info
mind you could be another c.
shame if it gets taken out too soon but you never know. thanks mitzy
mitzy
- 19 Jan 2007 09:28
- 54 of 70
We could both be right groover..good luck.
goldfinger
- 19 Jan 2007 11:09
- 55 of 70
What price though?.
Double at least its present price I would have thought.
goldfinger
- 19 Jan 2007 11:14
- 56 of 70
I cant believe a few are selling.??????????.
goldfinger
- 19 Jan 2007 12:22
- 57 of 70
Some still selling, pure madness.
groover22
- 19 Jan 2007 15:06
- 58 of 70
i think approach is a very opportunistic one, I hope mgmt considers offer carefully, could be a fit as an inhouse player for a bigger boy who is competing now only here but overseas.
Selling should be short term but I for one am hoping mitzy is right, fair price circa 1.00 should be fair, no way this will end year below 1.00 but its a question of economics I guess but guys, we take our cahnces and if this gets taken out, I will be watching for a GF classic to put the money in, no pressure ok!!
goldfinger
- 19 Jan 2007 23:35
- 59 of 70
G22 as you know Im a very down to earth type and I dont go blasting away with bagger this and bagger that. I look for solid companies and solid newsflow.
I really do think though from what I have heard over the last couple of days we may get a bidding war here.
A quid or more will do me.
cheers GF.
groover22
- 20 Jan 2007 01:39
- 60 of 70
Sorry, didnt mean any disrespect GF. I will sit tight and watch, maybe more news will unfold over the weekend, just hope that mgmt continues to focus on developing business
goldfinger
- 21 Jan 2007 03:50
- 61 of 70
Hey, no probs groovers, I honestly think its healthy to get both bull, bear and neutral comments.
Nothing wrong with that, and if a companys a dog I welcome comments as I might get out myself.
Cheers GF.
goldfinger
- 25 Jan 2007 12:05
- 62 of 70
Having had a further look at these I find.......
INS recorded a 70% increase in in its order book in the 12 months to 30th June 2006.
The chairman stated that "this is enough to cover all of this years workload (2007)
and half of next years (2008)".
Little wonder a predator is after it.
goldfinger
- 26 Jan 2007 15:47
- 63 of 70
WOW, it looks like we have game on..........
Babcock International Group PLC
26 January 2007
26 January 2007
Babcock International Group PLC
('Babcock')
Babcock announces that it has acquired 15,273,875 International Nuclear
Solutions PLC ('INS') ordinary shares representing 24.5 per cent of INS's entire
issued share capital, from Automated Controls Limited. INS is a specialist
provider of nuclear engineering services in the UK. In May 2006, Babcock
acquired Alstec Group Limited which also operates in the nuclear engineering
services sector.
Babcock acquired the shares for an aggregate cash consideration of 9.6 million
(representing 63 pence per share).
Babcock intends to progress discussions with the board of INS regarding the
possibility of making a cash offer for the balance of the issued share capital
of INS. However, there can be no certainty that an offer will be forthcoming.
A further announcement will be made in due course.
Enquiries
Financial Dynamics Tel: 020 7269 7121
Andrew Lorenz / Susanne Walker
Dealing disclosure requirements:
Under the provisions of rule 8.3 of the Takeover Code (the 'Code'), if any
person is, or becomes, 'interested' (directly or indirectly) in 1% or more of
any class of 'relevant securities' of INS, all 'dealings' in any 'relevant
securities' of that company (including by means of an option in respect of, or a
derivative referenced to, any such 'relevant securities') must be publicly
disclosed by no later than 3.30pm (London time) on the London business day
following the date of the relevant transaction. This requirement will continue
until the date on which the offer becomes, or is declared unconditional as to
acceptances, lapses or is otherwise withdrawn or on which the 'offer period'
otherwise ends. If two or more persons acting together pursuant to an agreement
or understanding whether formal or informal, to acquire an 'interest' in '
relevant securities' of INS, they will be deemed to be a single person for the
purposes of Rule 8.3.
Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant
securities' of INS by Babcock or INS, or by any of their respective 'associates
', must be disclosed by no later than 12.00 noon (London time) on the London
business day following the date of the relevant transaction. A disclosure
table, giving details of the companies in whose 'relevant securities' 'dealings'
should be disclosed and the number of such securities in issue, can be found on
the Takeover Panel's website at
www.thetakeoverpanel.org.uk
groover22
- 27 Jan 2007 04:02
- 64 of 70
Thats it then, game over I think gf. They Babcock are enhancing their own product offerings by their previous buy of Alstec. Not intending to sound greedy but I was really hoping for a higher offer but you never know, someone else may come in. I cant see that happening as much as i want to but good thing is at least, now, the shar eprice will unlikely go below 63p unless INS reports bad results etc. Looking out for a new thread from you gf on another share I havent made much, holding from RTS days
goldfinger
- 27 Jan 2007 11:56
- 65 of 70
groover, they are going to make a cash offer for INS as far as I can see from the announcement which as not yet been disclosed.
The 63p you mentioned was paid to Automated Controls Ltd who had a share of the business at a price far further back down the line after the break away from Robotic Tech.
I dont think any one should assume that 63p or anywere as low as that will be the take out price.
I do agree that it puts a floor on the SP while ongoing negotiations take place, but there is scope for a further rise here.
goldfinger
- 27 Jan 2007 12:42
- 66 of 70
www.armshare.com.
The interim results to June 2006 showed sales of 12.6 million (2005: 14.1 million), pre-tax profit of 192,000 (2005: 1.1 million) and adjusted EPS of 1.39p (2005: 1.56p) - the results include an exceptional charge (costs of demerger and IPO) of 836,000 (2005: nil). The company reported that the period end order book was 11.4 million (2005: 6.7 million) - subsequent order intake in July and August totalled 15 million; due to the increase in activity in the nuclear industry, staffing levels were increased by 11% - this is against a background of buoyant demand for engineers and technicians not only in the nuclear sector but also in the process, oil and gas and infrastructure sectors - the increase in staff numbers has necessitated opening a new project office near to the main customer's office.
On 18th January 2007, the company reported that it had recently received an approach regarding a potential offer for it - discussions are at a very early stage.
Research Standing
A long established company in what looks to be an emerging growth sector. It also has appeal because of the proactive approach which it takes to increasing the UK pool of nuclear engineers (which has a shortage) and to accessing new technology via proactive corporate venturing.
The company broker's note dated 9th June projects EPS of 2.6p for 2006, 2.9p for 2007 and 3.3p for 2008 representing P/Es of 24.8, 22.2 and 19.5 respectively based on the share price of 64.5p at 19th January.
goldfinger
- 27 Feb 2007 11:44
- 67 of 70
Thats it Im out now. Sold my last tranche this morning.
Its a pity this takeover cropped up other wise I believe we had a stonker of a stock here.
Ive made a decent return and wish holders the best.
mitzy
- 27 Feb 2007 12:43
- 68 of 70
Sorry to hear that gf Im still holding for a while yet.
goldfinger
- 27 Feb 2007 13:07
- 69 of 70
I just think Mitzy the longer the talks last the more chance there is of a movement to the downside.
I may reinvest in the future depending on what the outcome is.
mitzy
- 13 Mar 2007 18:45
- 70 of 70
Plenty of lift today gf are you back in yet..