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NMS - Neptune Marine Services

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Sob or Holdon or indeed anyone!!

I would be interested in your thoughts on where the SP might go after tomorrow and what reasons you might have for your thoughts.

I've retraced this whole thread and spent a number of hours reading the posts dating all the way back to 2004, just as a part of my overall research on NMS. On the whole you have been very positive towards "ol neppy" (there was the one time you called it a dog but I grabbed the date of the post and went to a price chart and saw why. There was small article in AFR Smart Investor last November. That's the one that got my attention. Particularly the estimated expenditure on IRM going forward.

I can't believe you guys have been tracing this thing since 2004. That's a dedication I think I need to develop. Or not perhaps? Anyway look forward to your comment.
 
If any of the last acquisitions are anything to go by then SP should go well.

A retrace is a buying opportunity if you ask me, and I have some funds ready for the offer, as I always do with these.

Try the live chat link in the top RH corner for fun, if there's anyone there.
 
http://www.subseawork.com/job_details.php?query_string=b3a78199b6af866e506d8ab5b89a7ea3b1

“THE GODS OF UNDERWATER WELDING!”
www.neptunems.com
CURRENTLY HIRING:
> 12 X COMMERCIAL DIVER WELDERS
> 2 X PROJECT SUEPERVISORS;
> 2 X LIFE SUPPORT TECHNICIANS.
Neptune Marine Services is a Perth based company specialising in integrated engineering from seafloor to surface. Neptune has recently expanded our service offering with global partnerships and multi-national acquisitions and to meet our project demands we are now looking to embark on a significant recruitment drive.
BENEFITS OF WORKING WITH NEPTUNE MARINE SERVICES

> Unbelievable Salaries! This would undoubtedly have to be the highest paid industry in Australia;
> Project Performance Bonuses

> Free NEPSYS (Dry Underwater Weld) Training
> All accommodation/ flights and travel plans for projects paid for and co-ordinated for your ease.
> Career Development Plans for all staff
THE ROLES:
1. COMMERCIAL DIVERS for OFFSHORE PROJECTS:
BEST RATES IN THE INDUSTRY….Australian Rates paid for skilled Commercial Divers to be a part of our offshore projects!
> $1140 Australian per day PLUS
> Superannuation PLUS
> Free NEPSYS training PLUS
> NEPSYS Daily Bonus PLUS
> Completion of Project Bonus PLUS
> Depth and other applicable allowances plus
> All flights/ accommodation/ Visa organisation and travel bookings plus
> All your Certifications and Training Paid - Free training!!!!
Must be willing to work on a range of global offshore projects and become a part of our pool of preferred commercial divers for long term, high paid projects – build a good relationship with us now and we will always look after you – MUST HAVE Coded Welding Qualifications, Proven Experience and ADAS Part 3.
2. OFFSHORE CO-ORDINATORS – SUPERVISORS, MECHANICAL TECHNICIANS COMMERCIAL DIVERS AND LIFE SUPPORT TECHNICIANS
Australian Rates paid for all of these Project Management/ Supervisory and Life Support Technician roles. All candidates must have up-to-date passports, be willing to go offshore, must have all relevant certifications and proven experience on similar offshore projects. All must be familiar with Underwater Welding Projects.
 
ok now the fun begins..........

after the moderately generous allocations of shares to the owners of the various acquisitions at heavily reduced prices, we now have the usual allocations of increased directors fees, and more significantly, millions of options granted to mr lange, naturally dependant on a shareholder vote.
at this point in time i can envisage there being absolutely no doubt the allocations being approved - and i must say, deservedly so. however, how will the shareholders feel towards such an allocation if :

NMS go back into their shell and refuse to keep the shareholders updated on developments or

NMS next quarterly report, due monday, doesnt impress current holders, or more importantly, potential holders.

food for thought.

mr lange - a favour - stay around til 2017 and exercise these new options then - if NMS go anywhere near where most of us expect them to, it'd be a nice early retirement present.
 
could anyone with inside knowledge please provide the reasons for the large cross trades that have occurred this week - 3M, 2.5M, 1.5M last 3 days.

just curious

no theories - just fact please.
 
More importantly what do you make of it baglimit?

Are the boys giving themselves too big a pat on the back, or are we about to see a good company go to the moon?

Hmmmm....possibly a bit of greed or a bit of optimism....let's see

 
I tried to get the cameras going on their site and after 3 hours of downloading it went blank, I suspect they have a 1960's type server, and it's time to upgrade the site or rent/buy a decent server. It's just not on if they expect us to invest, they could at least spend $1-2k on a new server or rent one for $25 per week.
well,........ to not even have a decent server is sad and pathetic for a company of this size!

NOT HAPPY!

I want to see NEPSYS in action!

I own lot's of NMSO and a few NMS
 
normally the video works fine - just try again.

and dont be too quick to bag them.

why has it taken you this long to want to view it ?
 
an amazing piece of generosity ?

OR

an attempt by the inventor / largest individual shareholder to escape his shareholding at a maximum price ?

which is it ??

who has ever heard of a director sell a large % of their holding to institutional investors, purely to satisfy their want of shares.

thoughts please.

me - im stunned.
 
Well Baglimit I would have to say it's new and unusual, but if I was was a broke old boilermaker one day and a millionaire the next, sort of, I'd be tempted to sell a few and take a well deserved break and sit back and enjoy the ride a bit more, especially if I had worked my butt off for a few years...perhaps stress is playing games with his life, and the excitement is overwhelming.

Institutional buyers are 25% over booked....a deal must have been done behind the scenes with them and him and he would have sold in parcels for an average of plenty. I believe still, do you, that we are on a winner and, in holding, it's just a matter of watching our baby turn into a giant.

NMS should have enough earnings to fund more acquisitions along the way and increase share value, which is better than any dividend as the SP rises, because SP rise will be much more than any dividend we could receive from current earnings, after all it was $1.50 on hype before the tragic fall.

I'm sure that Lange knows what he's doing and this will be forgotten soon. I'm not in it for short term gains anyway. Long term I'm hoping for a blue-chip company with worldwide acceptance.

Don't panic my friend, there's a bundle of cash at the end of the NMS rainbow.

 
Don't know if anyone saw the article in the May AFR Smart Investor? Looked alright - same stuff really but still a good profile of old neppy.

I'm watching the price on the options might grab some more if they slide a little more.
 
Well, well, well....Mr langley gone...no wonder he was offloading his shares.
Be interesting to see what the next turn of events will be in the Neppy saga.
Hopefully more upturn in the price, as I'm sure there will be.
 
Obviously a conflict of interests in NMS, and and agreement that his time was done on his great invention, Clive was never management material, just an old boilermaker that needed a holiday before he made the funny farm, or got to old to enjoy success IMO.

IMO the stress was over come by a great fishing trip, but I bet he buys back some within the next 6 months, and the 1.9 mill shares were picked up ;off market; and now he has some dollars to trade in and out and be happy he made an impact on the world of oil and gas, a really good one,.

I will keep holding because it is a superb share to own into the future of NMS.
 
Article in WA Business News - May 17 - Featured 4 companies under heading Acquisition Strategy lifts mid-caps' revenues....

The part of the article that related to Neptune is

"The changes at Neptune Marine have been even more dramatic.

When chief executive Christian Lange joined the company early last year, it had some interesting underwater welding technology but minimal revenue and no profits.

Neptune has since acquired six businesses that allow it to deliver a range of sub-sea engineering and maintenance services to the oil and gas industry, and is forecasting annual revenue of $58 million and a net profit of $12.5 million next year."


Then this on the same page - interview with Lange

"Most companies pursue acquisitions so they can accelerate their growth and build on their existing business; Neptune Marine was different.

Managing director Christian Lange says Neptune has effectively used acquisitions to create a business.

He joined Neptune early last year, nearly two years after it floated on the Australian Securities Exchange.

Mr Lange, who previously worked for global oil and gas technology company Schlumberger in New York, said he was attracted by the enthusiasm of company founder Clive Langley, who was passionate about its core underwater welding technology.

“But what was clear was that they didn’t actually have a business, what they had was a technology,” Mr Lange said. “For me it was obvious that you needed to create a business that the technology could support, not the other way around.”

Neptune has completed six acquisitions, enabling it to offer a range of sub-sea engineering services to the oil and gas industry.

He emphasised that the takeovers were a means to an end, not an end in themselves.

“Neptune in its original form was really an R&D company; we wanted to change R&D to service delivery and clearly acquisitions were the easiest way to acquire the businesses, the cash flow and the growth profile and knit them together into an integrated business,” Mr Lange said.

He said he spent several months developing the strategy, which included strengthening Neptune’s board and talking to potential customers about the kind of services they wanted and how they could be delivered.

Corporate advisory firm Mainsheet Corporate and stockbroker Patersons Securities, which managed its capital raisings, both played a big part in the company’s growth.

Mr Lange said he only pursued acquisition opportunities where there was a close alignment on strategy and vision and on corporate culture.

All of the companies bought by Neptune wanted to grow and offer more services to their clients, but were unable to do so on their own. "

It's all go now I guess.
 
great article holdon - gives some insight into langes thought processes after he came on board.

and while clives departure is met with initial shock, his influence is overwhelming - primarily through the 'technology', but as we will find, his vision in bringing lange into the fold.

it would be interesting to know what made clive seek out lange specifically.
 
Like I said...I'd love to play in Clive's back shed, and he will have free access to 5 of Perth's best companies, if he needs anything, at any time...including the odd apprentice....that would make extremely happy....I love training apprentices too....they are the future of Australia....

What would Howard know about that anyway...vote Labor....oops.....



Sorry I'm new to this site if size of words turn out a bit wierd...
 
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