Australian (ASX) Stock Market Forum

NMS - Neptune Marine Services

Up 15% on pretty good volume so far! And there are no announcements! :confused:

What's going on sob? You buying all this stock are you??
 
Snakey said:
please read previous announcement.
I read it the day it came out... I guess it's the anticipation of further contract announcements. It sure has done well in the days after the announcement on Tuesday last week!
 
Maybe market is yet to cotton onto the story.

Chart shows a solid run and as the technology gains acceptance then people jump in because they realise that it isn't a dud.
 
Market for the technology could be very big and the stock is running so it can easily go higher although I don't want to predict a level.

One to keep an eye on.
 
one very astute judge sees $1 before end of december - and it is VERY FEASIBLE.

by this time next year all the broking houses will know them, and with good reason.

and by the time those glorious options are expiring, it will be party time.

the reasons are set out in recent releases and the agm info on boardroomradio.com
 
son of baglimit said:
one very astute judge sees $1 before end of december - and it is VERY FEASIBLE.
Ok, I'll bite. What is the name of this 'astute judge'. What is his/her reasoning for projecting this price (verifiable source please). What is your rationale for thinking it is 'very feasible'. Pointing to recent announcements is hardly a justification for this :eek:
 
sorry rub - im not really in a position to discuss 'the astute judge' - this resembles a ramp certainly, but looking at my history with this stock, and this thread, you'll understand i have a 'feel' ;) for this stock and are happy to say when an upturn is arriving - it hasnt yet, but it is certainly due.
 
son of baglimit said:
look at this mornings buys and more comes to light.

ok its hotcopper.

Well if Hotcoppers involved I'll sell now before everyone realises they were involved in ramping it up. :eek:
 
son of baglimit said:
and thats fair enough, but todays announcement gives even more argument to their future.
I liked the sound of it - very positive!

The purchase price, which represents "an EBIT multiple of between 3.5 and 4.5 based on Link Weld's annualised current FY 2007 earnings", is fantastic - considering it is exposed to the fast expanding oil, gas and energy sectors in booming WA. You only need to look at Coles and Rinker not agreeing to takeover bids which were at forward EBIT multiples of above 10 to know that Neptune have got themselves one hell of deal. (Btw, my 'above 10' calculation is very approximate.) Also, "Link Weld currently has annual revenue of $12 million, and upon settlement, is expected to make an immediate contribution to Neptune’s earnings per share." Compare this to Neptune, which made $2.7 million in revenue in the last two financial years!

And the good thing is that like the previous two acquisitions, it isn't likely to receive a bid from a competitor.
 
It's a LOVE STORY....loved it at 40 c and kept buying to 20c.....now it's back to 40c I am in profit......

who said buying on a down trend was bad......NEO was the only on that has stuffed me but I escaped early....all the others like this are winners.....SLA/NWR...ect:)

I appologise to my fans.... have been in a change of attitude and NET providers .....IIII"M BACkH!!!!!......and in profit!!!.....lol


SLA FOR MY LIVER>>>>>>WATCH IT FLY AGAIN................

Merry Xmas my friends....:D
 
ok folks - no more 'mr nice guy' from me.

look at the website for linkweld - www.linkweld.com.au

look at projects - look at the list of clients they have
look at the work they did
look at the 'strategy for growth' of lange again and see how linkweld is the greatest acquisition neppy could make for this strategy to be achieved.

current SP weakness is probably final opportunity.
by the time the 2nd qtr figures are released in late january 07, it'll already be too late.
 
and has anyone bothered to go to boardroomradio.com.au yet - listen to nms link for 20/12/06 - interesting.

apache is client for gulf work.

further contracts to be announced in january

coming together very nicely.
 
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