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NMS - Neptune Marine Services

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plasma - yep damn quiet - maybe too damn quiet.

but a few things - the SP seems to be holding up well....considering.

they have the 3 year qatar contract, using several services including the big boat trident. that contract was for merely inspection services, tho a recent article quoted FULL IRM being provided, which if it is proved, generates many times more in earnings over that 3 years.

the mysterious (or not so if you believe the stories) that the north sea contract will be ongoing again this northern summer means plenty more work for the large team assembled there.

and the recent awarding of agreements for pelamis in scotland to supply wave energy systems worth hundreds of millions, with neptune deeptech a major contributor.

the one negative recently put my way was that the ROV SUPPORTER, previously serving off thailand, is finished and returning to singapore, but with no other job to go to - not a good spot to be in.
 
Hi Baggy, Plasma.

There isn't a good feeling about the stock at the moment that's for sure. As Baggy noted, surely the stockprice will not hold up under the far too quiet operating mode we are in.

Sorry to ask, but when are further results due?
 
not til the FY - mid august - but i expect a heads up around late july.

surely we'd hear something - anything - beforehand tho - surely lol.
 
Crckey SOB, thought you'd gone into hibernation....lol
The ole SP could do with a kick in the proverbials for sure.....not the type of kick that brings you to your knees, more the type that gets you running, not the scared run away either, more the run to get your gun....and a BIG gun at that.
Here's hoping some good news hits the streets in the not too distant future.
 
Crickey SOB, thought you'd gone into hibernation....lol
The ole SP could do with a kick in the proverbials for sure.....not the type of kick that brings you to your knees, more the type that gets you running, not the scared run away either, more the run to get your gun....and a BIG gun at that.
Here's hoping some good news hits the streets in the not too distant future.
 
nah plasma - asf policy had forced me to restrict my contributions.

1. the company is notoriously quiet, so its hard to discuss anything released officially.
2. the industry itself has been extremely quiet too, hence minimal info available.
3. asf policy on copy & paste of articles. its impossible to provide meaningful info from industry related articles when forced to only provide excerpts - the whole context of the article easily gets lost. until the last few months NMS traded fairly low levels, and so my aim was to educate the masses on this little known industry, often confused with the mining industry. policy stopped that. so i moved on.
 
Hello again,

You are sorely missed over at HC baggy but I can't emphasise enough how disappointing those threads were becoming thanks to certain contributors and contributions...

Are you able to post links to industry news mate rather than pasting in text slabs?

I miss the old rip-roaring NMS and the quietness makes me itchy to sell. There, I've said it. I'm in a positive position having bought avg ~34c durng the lows and tempted to flog them and wait for the news, be it good or bad.

That said, I don't have any other shares I'm watching closely at the moment so wouldn't have anywhere to put it!
 
PERTH, Australia -- Neptune Marine Services has acquired Submersible Technology Services (Holdings) Ltd. (STS) for $27 million. Aberdeen-based STS provides ROV and survey support services to the offshore oil and gas industry.

“STS will immediately accelerate Neptune’s scale and geographic spread in the ROV market, enabling us to provide operators in the international oil and gas industry with a full range of support services across the areas of exploration drilling, pipeline and cable survey and inspection, subsea construction, and platform inspection and maintenance,” says Christian Lange, MD and CEO of Neptune.
 
son of baglimit said:
nah plasma - asf policy had forced me to restrict my contributions.

1. the company is notoriously quiet, so its hard to discuss anything released officially.
2. the industry itself has been extremely quiet too, hence minimal info available.
3. asf policy on copy & paste of articles. its impossible to provide meaningful info from industry related articles when forced to only provide excerpts - the whole context of the article easily gets lost. until the last few months NMS traded fairly low levels, and so my aim was to educate the masses on this little known industry, often confused with the mining industry. policy stopped that. so i moved on.
Click to expand...

Thats a pity mate, your input was appreciated.
The addage "No news is good news", can kiss my rear end.
 
does anyone have any predictions for the full year result??? keeping in mind that the sts aquisition should add a fair bit of weight to second half earnings.

And does anyone know of any other good lng services stocks besides mermaid????
 
ryan_wheatland said:
does anyone have any predictions for the full year result??? keeping in mind that the sts aquisition should add a fair bit of weight to second half earnings.

And does anyone know of any other good lng services stocks besides mermaid????
Click to expand...

Sorry mate, my crystal ball's gone all cloudy.....could be the Eyjafjallajökull eruption (don't ask me to pronounce it) but, then again, the batteries may be flat.....not unlike Neppys batteries, which could do with some electro therapy of their own....:banghead:
 
http://www.seek.com.au/jobsearch/index.ascx?DateRange=31&Keywords=neptune marine&searchfrom=quick

theres always jobs advertised, but these 3 are certainly a bit different for neptune. apply a bit of thought, consider the locations where neptune are known to have ongoing work, and its apparent there are growing demands for neptunes services in those regions.

neptune have been on a long employment campaign for months, despite the negativity of the H1 results. increased trading the last few days might lead some of us dreamers to believe the tide has truly turned. we wait & see.
 
son of baglimit said:
http://energy.pressandjournal.co.uk/Article.aspx/1670667?UserKey=


Neptune set to secure Pelamis work
Published: 05/04/2010

NEPTUNE Deeptech of Stonehaven is almost certainly in line for a slice of the work generated by ScottishPower Renewables’ Pelamis P2 order as this company (formerly Ross Deeptech) has a long-running relationship with Pelamis
Click to expand...

You would hope so for holders. No news, no updates, nothing from the company and it's killing holders (note: DNH).

I always liked NMS and thought it was a fantastic business. Did they take on too much too early? Is their growth sustainable? Or was it just bad timing in the market for some of their purchases and works?

I think holders need to give Lange a call and ask what's up...
 
I see Neppy have gained some more Gorgon work courtesy of Boskalis.....just a shame the SP takes a dive following the news, even if it is just 0.5c, it's still the wrong direction.
I'm getting tired of sitting in this old dunger, waiting for roadside assistance to front up and recharge the battery....:banghead:
 
I Have had this stock for some time and am wondering, once again, whether to sell now at a loss. Then I ask myself would I pay 0.35cents and I have to say I think the stock is a steal at that price. So I think I'll just sit on them a little while longer.
 
couldnt agree more, at this very moment in time the stock has lost close to 8% for the day, whhhyyyyy????? the P/E is at an incredible 5 times!!!! and this is off the back of good news! does anyone know anything that would be causing this
 
Hello gents.

I hope for Baggy's input to this discussion as I find him to be one of the most reliable sources of information on this stock. SOB - from your research, what is the position of the company based on the broader industry? Do you believe people are in the know regarding the stock and are dumping due to another potential bad result this half?

Ryan, wake up champ. What earnings are you using to calculate the P/E? There is a darth of communication from the company, and unfortunately everyone including myself is taking this as no news is bad news. The recent announcement led to whispers - is that all they've got?

Personally, I little no idea where the company is sitting, despite being an investor. I've been out of the close monitoring for too long to have much of an idea. I hold though, and will accumulate should the stock present reasons to buy.
 
Quarterly cash flow report should be out pretty soon. That should throw some light on the earnings position. Lange bought 100,000 shares @ 45.6c at the end of January. If anyone knows where NMS is going it would be him. CEO's don't buy more shares in a company unless they are certain they know where its heading.
 
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