.Top down Bottom up in 2015 According to a news on Friday...

.Top down Bottom up in 2015
According to a news on Friday Heraldsun, Industrial sector was the second highest returned following the Infrastructure sector. Top down
Industrial was also the second most profitable after Materials. Bottom up
So Industrial is the sector I'm going to bet.

. Austal has been underperformed across 3 indexs, Asx200, Industrial and World Machinery.
An underperformed sector is rarely being chosen by experienced investors but I did pay attention to Breville.
It only took two days with a spike of more than 24%. BGR outperformed 3 indexs throughout 1mth, 3mths,1yr,3yr and 5 yrs. The stock is re rated by the market and time is going to tell how sustainable the stock is capable of delivering goods numbers.

So I think Austal investors are waiting for good news from the Congress and the Australian Government rather than the company operating profits.

. I'm still worrying about "the structural damage" report on the delivered ships.

. Free float shares 240.55m
Outstanding shares 347.67m
The free float shares are too small that could board an extremely volatility for the stock to be traded if the activists, long-term institution and government holders, decide to dump if a news from the governments turns sour.

Market short position on asx is low 2.14% but It's still in charged.

This stock is high risk high reward.