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.

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.

Sorry to hear that gf Im still holding for a while yet.

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.

Plenty of lift today gf are you back in yet..