2002/3 Annual Results & Turnaround Progress

SLL...Thanks for the sector discount update. The UK Manufacturing report out today, reported that the sector expanded in December at its fastest rate in four years, which possibly fits well with my suggestion that the manufacturing sector(certain companies?) might become quite fashionable investments/area of corporate activity during 2004?

Here is the link to the Manufacuring survey, click the pdf link -


SLL, regarding your comment on the strength of the Automotive Precision division, by coincidence I am just finishing updating some research on the diesel engine market, which is looking 'even' better than when I last posted on the subject. I will post later today.

Best regards wan ;-)