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.

Not a bad idea mickey :-)

capa

Up over 50% on this one in just a few months.

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

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

I would guess its a company that begins with the letter C.

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

We could both be right groover..good luck.

What price though?.

Double at least its present price I would have thought.

I cant believe a few are selling.??????????.

Some still selling, pure madness.

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!!

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.

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

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.

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.

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

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

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.

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.

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.