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NMS - Neptune Marine Services

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It's just irrational behaviour, no rhyme nor reason. if you previously had a positive perception of NMS, why should it change. I personally would love to see them go down alot more, to buy more. Fundamentals still the same. If the placement was oversubscribed by 3 x recently, maybe Lange can make up any shortfall with money from instos if small buyers back off. If only NMS was in the same position 12months ago, imagine where it would be now, Lange can't help that the overall market sentiment sucks.

Mr Baglimit- yes interesting times, thanks to you i copped another infraction and actually the previous was related to you to. Such is life! :D
 
SophieSweet said:
It's just irrational behaviour, no rhyme nor reason. if you previously had a positive perception of NMS, why should it change. I personally would love to see them go down alot more, to buy more. Fundamentals still the same. If the placement was oversubscribed by 3 x recently, maybe Lange can make up any shortfall with money from instos if small buyers back off. If only NMS was in the same position 12months ago, imagine where it would be now, Lange can't help that the overall market sentiment sucks.

Mr Baglimit- yes interesting times, thanks to you i copped another infraction and actually the previous was related to you to. Such is life! :D
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now im an absolute novice...but now that not many are gonna buy at the speical offer wont all that money that they expected to raise for buying new ventures be lost, hence theyve got no money for expansion....but yeh i agreee wouldnt mind seeing them go down more cos they are the goods, jsut makes it better for us when they come to fruition
 
SophieSweet said:
Mr Baglimit- yes interesting times, thanks to you i copped another infraction and actually the previous was related to you to. Such is life! :D
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sophie - im confused please explain. i was ok with the message till it said "i copped......."

hmmmm - such is life - must remember that one.
 
Can't remember when I researched a stock as long and thoroughly as NMS. Having missed out buying pre SPP, now ready to join the ship when she dips! ;)
 
Sheeesh....I'm sorry I made that initial post.:confused:
The sentiment certainly is bad out there ATM.:eek:
The one positive I would like to point out is that the SPP does not have any brokerage fees, which is always nice.
Also, who can confidently say where the price will be by Feb 1st? It may get back over .95. There is still a week to go and as we have seen, a lot can happen in a week so put your "razor blades" away and turn the bath taps off for the time being.:)
 
sophie - turn your PM on then, so you can divulge more.

so tempting to jump in at these sub 95 prices, but another 2 weeks of news opportunities wont hurt either.
 
Crickey...90c and looks like going lower.
Say all you want about fundamentals being okay however, if people can purchase at 90, why would you buy at 95???
That being the case, it may create problems if Neppy can't raise the funds required.
 
Plasmapark said:
Crickey...90c and looks like going lower.
Say all you want about fundamentals being okay however, if people can purchase at 90, why would you buy at 95???
That being the case, it may create problems if Neppy can't raise the funds required.
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Your spot on Plasmapark.

This sure is going to make Mondays EGM even more interesting.

I couldn't help myself and had a nice little top;)
 
NMS raised $61m in the recent placement and are looking for a maximum of $23m from the SPP.
Given the relative numbers, I'd be surprised if a moderate shortfall in the SPP would be a big concern but in these uncertain credit conditions ?

Meanwhile, I'm still waiting to make my entry. :cool:
 
old blue - entry was at 11am today....NMS at 84 nmso at 70.

i personally spent my SPP allowance on nmso at 70c.

but of course if lange does choose monday do divulge more news, i might get more allowance lol.

and folks, they dont NEED the SPP - its just some cream.

the placement takes care of their current needs.

and they are earning cash as we speak.
 
Have to agree there SOB.
If you didn't get in at 84 ....tough luck.
If ever there was a golden opportunity....that was it.
 
Oldblue, why wait?? But then again there could more doom and gloom, but then again, next week could provide the fundamentals to pull this out of this rut. It's not the first captial raising NMS have done, I think the 3rd. But the fundamentals are vastly different now, many more instos and companies onboard, and they had a similiar situation at the 30c raising, whereas the price fell below the raising price. And look where they came from that, the goalposts have changed rather dramatically since then, but so has the overall market. I still think they will ride this out without an issue, all the sales are tiny, bringing the volume down. NMS I think will be tempting with much more news, as this thing snowballs, we have potentially something large with BP, the Euro Patent, upcoming largest ever job with Apache (which wasn't included in forecasts), plus more NEW acquisitions, and the current ones finalising.

On a personal note I just bought on my margin loan today and bought back the NMSO that I sold yesterday, hopefully I picked the right day??! maybe not, maybe worse to come???
 
What is it with all the tiny parcels trading?? It hardly seems worth dropping out over $20 or so, does it? Or surely it's not people buying parcels of 100 or so?
 
Yes, maybe should be buying.
Its just that 40 odd years of making mistakes has taught me to be very wary of buying in a market as weak as this is at the moment.
Not trying to pick the bottom - will be happy to get to within +10% of it.;)
 
but blue, at current prices NMS just may move a bit further than that.
significant ann's from NMS have seen 10c+ upswings - and any company that can show they have a greta future despite current turmoil may well become a darling.
 
With all due respect SOB, Neppy is still to prove that it has a great future.
I'm not trying to be a stick in the ointment here, just trying to keep my feet on the ground is all.
While everything looks good on paper, Lange is yet to prove beyond any doubt that, it's all going to come together as a successful marriage.
Time will tell and, I'm certainly sticking with the good ship Neppy for the time being but, keeping my eye on the ball all the same.
I'm glad I bought in at 53.....I'd hate to be one that jumped on at 137.
I think we're all going to need a cast iron constitution to weather the present storm. :2twocents
 
Plasmapark said:
With all due respect SOB, Neppy is still to prove that it has a great future.
I'm not trying to be a stick in the ointment here, just trying to keep my feet on the ground is all.
While everything looks good on paper, Lange is yet to prove beyond any doubt that, it's all going to come together as a successful marriage.
:2twocents
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I don't know about that, i think that the overall economy seems to be the only problem. To date we have seen only very positive news. Fair enough keeping your feet on the ground though. I think the BP report, stating that NEPSYS welds was the way of the future and APACHE's recent awarding of a integrated contract, utilising a few of the acquired business augers extremely well. Nothing is beyond any doubt though, nothing! But the odds are looking incredibly favourable here. But will todays supposed buying opportunities turn out to be expensive, in the short term?? Time will tell. Thankfully the next trading today is coupled with the EGM, which should stem the tide a bit. Lange has always been short on news, but when he speaks, its always good. And as i said earlier today, this will snowball, it's just getting the numbers up in staff and a couple more acquisitions. Never forget that weld mentioned by him before, normally costing 10-20million and NEPSYS costing 1-2million, for the same job, then consider how everyone wants to tighten their belts, what do you think they will do. And also, all the acquired companies have already established relationships with a vast array of potential customers that would potentially utilise NEPSYS.The only negative mentioned to date was amalgamating the acquisitions and from information available that is going well. And that's my 2 cents and remember :2twocents + :2twocents = 5

http://news.smh.com.au/lower-sharemarket-offering-good-value/20080118-1mq9.html

:)
 
www.epoline.org/portal/PA_1_0_FS/Do...RDOCTYPE=PDF&RDOCNO=EMWR09KZ3803FI4&NPL=false

hopefully this wont be the only news lange delivers to us on monday....BUT IT IS NICE.

this link takes you to the fax from the attorneys in britain acting for NMS to obtain the european patent.
NMS have now paid the fee to have the patent issued - meaning they were happy with the final wording sent from the epo back on the 13/11/07.

FOLKS - NEPTUNE MARINE SERVICES HAVE THEIR EUROPEAN PATENT !!!!!!
 
No news is good news??!! Is it? Maybe it's not worth spruiking about the European patent or anything, at the moment, as it won't help the SP or the SPP. No doubt the vast majority of potential SPPer's wont take up the offer, but does NMS really care, did they get enough from the oversubscribed x 3 insto raising and was the SPP just being polite to loyal shareholders. I don't think NMS was hanging for that extra money, they have no debt and the SPP would only dilute the share more, for a few extra bucks, which they are earning anyhow. Or does Lange have a huge shopping list of equipment and wanted the cash, if so, just borrow it. It might slow the rapid growth a bit, but I'd say only slightly.

Still can't understand the many, many small trades of 100-400 shares. Surely someone registering for the SPP wouldn't buy at $1.05, plus $20 brokerage and then sell at 90c plus brokerage again. If they had 5k to invest in the first place, why would you be clawing $60 back?? What afraid it may hit $50? Or is there some other reason for these small trades?

Oh yeah! great find on the patent SOB.

Looks like the SP is going to cop it today. As keating said, "the recession we had to have". Let's just hope it gets over and done with soon.
 
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