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NMS - Neptune Marine Services

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Any news on the AGM today. I thought the forum would be seeing some action!:confused:
Nice little hike in the sp today nonetheless.
 
Guess who's attracted the interest of BP, BHP (oil) and ESSO?? Neptune has already worked for BP (wet weld only) and Lange has been in continuous talks with ESSO in regard to work in Bass Strait.
More acquisitions to come.
Management holds more than 10% of shares.
Euro patent to come soon (very complicated-23 countries)

All good news folks, as we expected.

Bring on the $... by Christmas Ho, Ho, Ho.:)
 
Yes!!!!! hearing that BP sponsored a study that concluded that NEPSYS is the way of the future, certainly got me going, especially when BP apparently spend 200 MILLION a year on welding. Now if news of that nature gets coverage, watch the SP go! Can't wait to see the actual presentation.

And ESSO, and BHP oil are in talks. They might just start seeing what Apache see.

And 3 years left on those options!

The share price will be very interesting 2010, can't see any negatives yet.

WOOOHOOOO!

:D
 
JT

What's your source for this info? I know a previous poster (Pacer although he underwent a metamorphisis) from this forum who went to the last AGM and drank cold crownies etc...
Is he posting somewhere? I've scoured the web and can find zippo on AGM today.
 
theres some posters on hotcopper who went - im awaiting some reliable sources to provide info that wont be provided on the BRR site when it comes out - ie question time afterwards, plus the little mingling - all shall be revealed - in the meantime sleep tight lolololol
 
I believe that boardroom radio recorded the meeting. This is likely to be released tomorrow?
It is going to be very interesting to see what the sp does now after such a hike over the last 2 weeks.
I think there is strong support for this company. A post on HC suggests that Lange has been far and wide spreading the good word of NMS.

All good underwater news, no doubt many NMS holders' dreams will be wet tonight Baggy. oops sorry Sir Baggy.
 
yeah definitely on BRR - when ??

my source is formerly from the engineering game, and knows the right questions to ask of lange during the crownies.

but it might be a week before i hear from him, so will have to be patient.

the info may not be new, but it will definitely give better insight into what we can expect next 6 months.
 
mophead said:
Please cast your eyes on page 23.

Showing great potential if forecasts are accurate...But that my opinion.!
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mophead, can you please explain why you think this shows great potential? Just a few qualifying and/or quantifing words will do. Thanks, kennas
 
I'm still waiting to hear the audio from BRR when they post it.

Nothing appeared to be new from the presentation, page 23 is nice. What I think Mophead is alluding to is that Sea-Struct & Ross-deeptech earnings are not included in the forecast figures, given turnaround times of recent acquisitions we may get to see this bumped up slightly but not a great deal.

Someone made mention of a BP report which were pointing towards NEPSYS becoming the industry weld of choice...I want to hear Lange say this himself in the AGM audio, but if this is the case then I expect the workload for NMS to pick up dramatically.

Please Boardroom Radio, post the audio!
 
Yes. Thank You Baussie.

"Nothing appeared to be new from the presentation, page 23 is nice. What I think Mophead is alluding to is that Sea-Struct & Ross-deeptech earnings are not included in the forecast figures"
 
Having had the hype on this thread here about the AGM,there was nothing new on the PDF, the financial projections have been repeated from other presentations, as well as the "potential" work out there. Of course that has to be won, and there are other players. Very little on financial performance to date either, orders secured, etc. Share return is of historic interest. Be interested to hear the BBR if it comes on.

However if my memory serves me well from one of those other presentations a good deal of work may have been secured for 07/08 and therefore the financials can be viewed as conservative once you add in Ross and any other deals they may well have up their sleaves.

Stellmac
 
normally BRR doesnt include the Q&A - hence i await the report from my spies.

interesting to note the level of trades today - ALL ABOVE $1.30.....a figure only dreamt of weeks ago.

go you good thang.
 
stellmac said:
Having had the hype on this thread here about the AGM,there was nothing new on the PDF, the financial projections have been repeated from other presentations, as well as the "potential" work out there. Of course that has to be won, and there are other players. Very little on financial performance to date either, orders secured, etc. Share return is of historic interest. Be interested to hear the BBR if it comes on.

However if my memory serves me well from one of those other presentations a good deal of work may have been secured for 07/08 and therefore the financials can be viewed as conservative once you add in Ross and any other deals they may well have up their sleaves.

Stellmac
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I'm with stellmac here. I scanned the agm presentation and there wasn't a lot of new stuff. The eps was still 6 - 7c, some reference to the use of ROV. Gotta say that the presentation didn't overwhelm me. Nonetheless I wouldn't mind waiting for Sir Baggy's spy to shed some further light as I agree with him that more info can be gleaned in the after meeting drinkies etc... As for page 23 well it was not overly exciting. I'm a keen Neppy follower but let's not lose sight of the fact that for us shareholders it's all about revenue streams and locked in contracts with serious players because that will be the sp driver. The AGM presentation didn't deliver that IMO.
 
i'll tell you right now......today i received the much anticipated pres, looked thru it, and immediately deleted it, thinking "ok, some pretty pictures, some words referring to the future - a typical downbeat lange pres"

but as has been posted by a few agm attendees on this & other forums, it was the words used (soon to be available on BRR) and the Q&A time that will be most revealing.

so do the same - bin the pres, and await the spoken word - to be pleasantly surprised is a gross understatement i am hearing.
 
son of baglimit said:
i'll tell you right now......today i received the much anticipated pres, looked thru it, and immediately deleted it, thinking "ok, some pretty pictures, some words referring to the future - a typical downbeat lange pres"

but as has been posted by a few agm attendees on this & other forums, it was the words used (soon to be available on BRR) and the Q&A time that will be most revealing.

so do the same - bin the pres, and await the spoken word - to be pleasantly surprised is a gross understatement i am hearing.
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As always Sir Baggy your posts have been on the money - but you would need to agree that we now need forward contracts and a reliable stream of earnings - I'm a neppy fan since last October and it's been great to me so far, so I love it. But shreds from an AGM - and I could have read it wrong - will not produce the cash flow that will drive the sp! I'm on it big time but financials count and the next phase for neppy is to consolidate earnings and contracts with the majors. I'm not a doubter but this next phase in sp re-rating is IMO, based on earnings and forward contracts.
 
Sounda said:
As always Sir Baggy your posts have been on the money - but you would need to agree that we now need forward contracts and a reliable stream of earnings - I'm a neppy fan since last October and it's been great to me so far, so I love it. But shreds from an AGM - and I could have read it wrong - will not produce the cash flow that will drive the sp! I'm on it big time but financials count and the next phase for neppy is to consolidate earnings and contracts with the majors. I'm not a doubter but this next phase in sp re-rating is IMO, based on earnings and forward contracts.
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well im sorry to say sounda, but you will probably be quite disappointed - fundamentals (as yet) just arent going to become apparent, as they can provide competitors with info, and potentially stop langes aim of being the 'pain in the Ars' he dearly wants NMS to be.

NMS remains a true believers stock at present - hence langes need to go out to the market with his presentations ramping up support.
 
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