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    Thoughts on NRW

    Hi,

    What are your current thoughts on NRW? I have held them for a while now and are starting to lose patience with them . Is it time to sell up and put the money to use elsewhere?

    Andrew

    Answer

    Hi Andrew,

    We have talked about both NRW Holdings (NWH) and Monadelphous (MND) over recent weeks, like yourself we have endured an extremely frustrating few months but if we didn’t have a current high exposure level to the sector we would be averaging as opposed to selling – hopefully not throwing good money after bad but we do believe at current levels both stocks are offering compelling value.

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    NRW Holdings (NWH)
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