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NMS - Neptune Marine Services

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ive been away for a week and what have you lot done - SP up 0.5c.

anyway to cover a few recent posts............

"Mate if you open your own website I'll be there."
im not the messiah, im a very naughty boy!

"Actually followed your advice and sold my FPO'S and picked up big time on the options. Thanks for your advice re the options."
sorry sounda but it wasnt my idea - i hold oppies only, but a few folk i know held both, and exchanged their NMS for NMSO during the great dumping of late 06. i was simply passing on info.
them grinning from ear to ear is an understatement.

"How can I expect to compete with someone that, can seemingly outstrip the company"
plasma - a simple phone call to the company during that week would have given you the info - as others had done previously - the timing was nicer though.

and no doubt weve all read the final report and said "ok whats it all mean?"

my team of analysts are working on it as we speak - keep watching.
 
from rigzone.com

Shares of oil services companies fell Tuesday, echoing a decline in the broader market, which overshadowed strengths in the sector that are producing more and more positive comments from security analysts.

The Oil Service Sector index fell 4.07 points to 260.85 midday on the Philadelphia Stock Exchange. The Dow Industrials posted a decline of more than 135 points following disappointing housing reports on Monday and Tuesday that fueled Wall Street fears of an economic recession.

Lehman Brothers analyst James Crandell named several factors he expects to drive growth in oil-service stocks in coming years, including long-term neglect and heightened demand.

"A systematic underinvestment in the energy business over the last 25 years has created a backdrop for an expansion in E&P spending that we expect to continue to benefit the oil service and drilling companies at least well into the next decade," Crandell said in a note on Tuesday.

Crandell also cited a possible "rebirth" of exploration activity to meet increasing demand, which would benefit seismic contractors and equipment manufacturers. Deepwater exploration will particularly drive investment, he said, as oil companies face pressure to make large discoveries to offset production declines in existing fields.
 
Hi All,
Just thought i'd check in as I have been following this one for a couple of months now.
Read through the whole thread one night & was very impressed with the prospects for this one.
Having worked in the offshore oil & gas industry (shipping) for some years now I can certainly relate to the need for this kind of technology. Now i'm not any kind of expert here, but am happy to contribute anything I find that may be of benefit to the followers of NMS.
I would also like to thank SOB, & more recently SS for there excellent info & continued support of this thread. Keep up the good work guys!
I managed to pick up a parcel of NMS during the carnage a couple of weeks ago & couldn't beleive it when I saw my buy order for 61c get hit. Also purchased another parcel in more recent times & will look to get more in the coming months. I am looking to keep these ones for the long term & look forward to prosperous times ahead.
Happy days!
 
there is now an broker update from patersons available of NMS after the 07 results were released last week.....endeavouring to load it here, but its too big.....shall let ya know
 
shrunk it nicely - geez im good....enjoy.

you'll need acrobat V7 if you havent already got it.

100 characters must be close now.
 

Attachments

  • NMS_FY07_Result_update.pdf
    442.4 KB · Views: 50
Thanks SOB, guess they got some integration work ahead but if they do that well, increase the profile of nepsys, should grow nicely.
 
one of the best articles found, but not by me.

Neptune rises
Thursday, 13 September 2007
Last Updated: Thursday, 13 September 2007
By Tim Treadgold
Building a better mousetrap, despite what the fable says, does not always mean
that the world beats a path to your door. Marketing and managing are the second
half of creating a successful business, as Neptune Marine is discovering as it
rides a worldwide surge of interest in its underwater welding technology.
Invented more than 10 years ago, the Nepsys welding system failed to attract
much attention in its early years, even in its home town of Perth.
Today, Nepsys is being used to help repair offshore oil rigs in the Gulf of
Mexico, being assessed for work in the North Sea, and serving as a key part of
the remarkable growth of Neptune.
Nothing better illustrates the growth of Neptune than its sales figures. In
2005, the then struggling business generated revenue of $900,000. Last financial
year revenue hit $15.5 million, with pre-tax profit rising to $1.5 million. This
year, the budget is for sales of between $60 million and $70 million.
The rise is reflected on the sharemarket where the company’s share price is up
400%, from a lowly 17 ¢ at this time last year to recent sales at 85 ¢, lifting
the value of the firm from $35 million to $176 million.
Some of that growth has come from a series of acquisitions, which have boosted
total employment numbers to more than 200. But the heart and soul of Neptune is
a technology that hasn’t really changed except for the fact that it is being
cleverly marketed.
The underwater welding system was invented by Clive Langley, owner of an
engineering and industrial training business called XLT Industrial Training. His
objective was to find a way to improve the quality of underwater welds. He
succeeded, and listed Neptune on the stock exchange in early 2004, mainly to
raise capital to continue research and development, and to look for ways to
commercialise the Nepsys technology.
For a while Neptune was a star, with its share price hitting $1.17 a year after
listing, but then fell into a two year slide, bottoming at 17 ¢ last October.
The sharemarket fall begs the question, what happened at Neptune? The answer:
not a lot.
The Nepsys technology didn’t change – it remains a very clever system that
permits dry welding of metal in a marine environment by erecting a housing
around the structure needing repair. For tech-heads needing a “weld fix”, go to
http://www.neptunems.com/.
Anyone more interested in business, and how to build a smart company, read on,
because Neptune is a case study in how to leverage value off technology, and
much of the credit for that goes to Christian Lange, an engineer who took the
chief executive’s role at Neptune two years ago.
“All of the original credit for Nepsys and Neptune belongs to Clive Langley,”
Lange told SmartCompany from his hotel room in the Scottish city of Aberdeen.
“He spent 10 years looking for a way to improve underwater weld quality when not
training welders. We’ve always been able to weld underwater, but the quality of
the welds is substantially less than a dry weld.”
For the offshore oil and gas industry, and for any engineering work in a
submarine environment, quality is critical.
Lange, who was in Aberdeen pitching for North Sea work, said the early years of
Neptune as a listed company were not happy.
“There was a revolving door at the executive level as management came and went,”
he says. “There was no single cause. It was a combination of factors. Some
people in the business didn’t really understand the public company environment.
The commercialisation strategy was flawed, and you probably had a number of
personality clashes. It’s a common story.”
In late 2005, after two years of “fumbling around”, as Lange describes it, the
board recognised that it had to bring in management that knew how to grow a
small company, and had the right technical and corporate experience.
Enter Lange, for 16 years an employee of Schlumberger, a French oilfield
services giant, and a former managing director of SDS Corporation, a mining and
oilfield tool supplier.
Joining him on the Neptune board were David Agostini, a former general manager
of Woodside Petroleum’s North West Shelf joint venture; Robert Scott, an
accountant who is also director of small oil explorer, Amadeus Energy; Ross
Kennan, one-time executive with US technology company, Honeywell; and management
consultant Cathryn Curtin.
“My view was that the technology had been operationally proven,” Lange says.
“Neptune had done a number of jobs for the Royal Australian Navy, and cleared
the hurdles which demonstrated that it was a permanent repair method.
“Really there was a need to establish Neptune as a service business and move
away from R&D. That’s how we developed a business plan, and set about trying to
build a complete engineering services and solutions business supporting the
offshore oil and gas industry.”
Having a smart technology is one thing. Being seen as a “one-trick” pony is
something less desirable.
“We moved away from being a one-trick pony in December last year when we made
our first acquisition,” Lange says.
That initial deal, the takeover of a business called Allied Diving Services, was
followed by the acquisition of five more businesses: Territory Diving Services,
Subsea Developments, US Underwater Services, Link Weld Engineering, and Tri-Surv
Geomatics, a specialist marine survey business.
“We now have a complete business providing an integrated project service to the
offshore oil and gas industry, from engineering right through to delivery of a
solution in the field,” Lange says.
The Nepsys welding system is how Neptune started. But the real growth of the
company has come from management being able to weld together a series of
complementary service companies working to high profit margins because of the
skills involved.
The success of Neptune’s business development strategy can be seen in the
acquisitions and rising sales figures. But another measure is through the
quality of clients buying the company’s services, including big oil and gas
producers such as Woodside, Apache Energy, ConocoPhillips, Origin Energy, Alinta
and the Italian oil giant, ENI, in the Gulf of Mexico.
Neptune’s growth, both organic in the form of the founding technology and
through acquisition, has been so rapid over the past year that a point could
well be reached where it becomes a tasty takeover target for bigger oilfield
players, such as Lange’s old firm, Schlumberger, or its US rival Halliburton.
“We’re on a journey, and we’ve only just started,” Lange says to the takeover
question. “My intention is to get under the skin of several large organisations
over the coming years, and at some point we’ll be seen as a general pain in the
****.”
When that point is reached Lange mightbe able to execute his own “pain in the
arse” exit strategy, making a lot of money for shareholders, and management, in
the process.
 
I just bought 6000 NMS shares @ 0.79c, I hope I did the right thing :eek:

Should I expect to hold this stock for the long term?

btw.. this was my first trade, where do I go from here with this stock? what can we expect in 2008 for NMS?

L Kaydence :cool:
 
hey doc

find the pretty nurse and run away with her - the profits will pay for it...lol.

seriously, just read up, keep an eye on this thread.

for a 1st trade, its a very nice choice - clearly you dont always need to lose early to learn.

this recent price drop, and lack of news, indicates to the long termers that news is near. hold on to ya hat.
 
Trading Duck,

Given NMS's rapid expansion since Lange took the helm, his mention of funds available for more acquisitions and steady revenue for more, his recent presence in Aberdeen, 6 weeks since a job announcement, the six companies plus NMS with feelers out to all their customers, the technology that gives them a huge edge on potential work, possible R&D resulting in underwater welding drone, european patent any day, feed projects becoming major projects, the huge increase in O&G expenditure in WA of which NMS will surely get some. And on and on! As Lange said in a recent announcement " they are only scratching the surface". With the workforce being increased incredibly, management being enforced appropriately, smart money shareholders on board, it seems the only concern is, can they translate all the acquisitions into a sound expanding profitable company?? I am very confident and have invested accordingly. I feel that they will grow exponentially from here and so will the share price. I'd say they are in the middle of the curve now. It's only my 2 cents, rounded down that means zero!! :eek:
 
thanks for that... not sure i understand why that means the steady price drop, but I'll just stay on for the ride and learn as i go...!
 
duck - the reason for my choice of words (in addition to sophies great summary) is that those of us who have been around this stock for a while (minimum 1 year) have seen it all before......a gradual decline in the SP, for no apparent reason, eventually followed by an announcement detailing acquisition and placement at that current price. It might appear that in their endeavours to create a large, successful conglomerate, lange and crowd will entice the right business with a juicy parcel of shares issued at 'the right price', a price sure to grow quickly and enormously, thereby lining the pockets of the previous business owners very nicely. And of course with that placement happening at 'the current price' then it can hardly be seen as a giveaway.

as always its all theory, but it fits, and appears set to fit again.

but who are we to complain, as our pockets get nicely lined too.......lol.
 
so anyone wanna guess why an employee would choose this week to exercise 35k employee options at 59c, when the SP has hovered in the 70's ?
these options have plenty of time before expiring.

why now ?

see my posts this week.
 
Maybe they just had the spare cash. Makes no sense when you could spend 35k on roughly 60,000 nmso at current prices. Some people have more money than cents.

Another question! Would it be possible that the next acquisition could be announced and finalised in the one announcement, considering they have possibly enough cash to settle up front, and then just bung in some more shares?? Given their already expanded suite of services, I imagine the next acquisition should be another international one, expanding the footprint, then pushing all the newly acquired services through that company, plus NEPSYS. So Asia, Scotland, Middle East would seem the most likely and I reckon one of those VERY shortly and possibly all those areas by xmas. So far with Lange everything has been rapid, he wont stop now, nor should he.

:confused:
 
Hm not bad, but whats is thsi a relatively "risky" company?

Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -6.6 6.0 7.0 7.7
DPS 0.0 0.0 7.0 0.0

thx

MS
 
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