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NMS - Neptune Marine Services

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Sophie,
I seriously doubt its going be over and done with soon. mores the pity.
Better get the guns out coz, the bears are coming out to play and, it looks like we're in for a mauling.
 
Still keen to buy when this is all over.

Just don't want to add to the hammering the rest of my portfolio (and everyone else's) is getting now.
 
Neptune has just got a big mention on "debt to equity" show, on Sky Business channel. Neil Carter from Macquarie Small Companies fund had a very indepth interview on how they select small cap stocks. Neptune was the first of only two current stocks they hold, of 60-70 in their portfolio, giving a background of NMS and why it was picked. The interviewer asked how the small caps should be affected currently. He said they're much more volatile, but also bounce back much harder. He also said the economy here was very strong and the current situation was difficult to understand, unlike the US. He mentions how they also picked WOR and made around 40 X. If you get the chance to watch it, it's worthwhile, I'm sure they repeat it.
 
sophie - ive warned you before about highlighting things shown on your elitist pay tv channels.

cmon and do the right thing - record it, convert to some pc format, and put it online, like a good person should.

small write up in todays AFR too pg 23 - one of only two recommended as good safety holdings among small caps.
 
Thanks Sophie...
I wonder if thats the bottom I feel if I extend my toes or, just a ledge before another drop????
Gonna take a brave soul to buy, even at the present 76.
If the US gets hit tonight, Neppy may be a damn good buy around 60 tomorrow.
 

SOB, I don't have the ability to do such technically advanced tasks, although I'll have my people look into it. It is repeated tonight at 8.30pm-

http://www.businesschannel.com.au/schedule/

It sounded like Macquarie went to extreme lengths researching NMS, apparently it takes around 3months to make the decision to buy. They go out and interview, kick the tyres, check out the workshop, sus out the opposition, the customers, the management, and market edge was a huge plus. Also they look at a 3-5yr investment plan.

I like the "good safety holdings" from your AFR article, very safely dropped 10% today-lol.
 
I wasn't too impressed by Macquarie's research on MFS!


Still watching and waiting to invest in NMS.
 


Thanks for the heads up Sophie, wasn't a repeat though. It was a Perennial Fund manager, but it was well worth the watch, and no doubt NMS would be on their radars as they mentioned Apache Corp as a company they were involved with and had a very bright future.
 
wooooooooooo hoooooooooooooo made a pig of myself on NMS between 0.80 and 0.81 today. At these prices NMS is a bargain if anyone has difficulty seeing that then do some more research, Baggy did you have a feast?
I wasn't sounda - sleep today.
 
i feasted last friday, in anticipation of news from the egm - not to be, but frankly who cares. come next weeks report, things will be back where they should be, and all good with the world.......for us anyway lol.

for me the distinct lack of turnover has been the overriding confidence kicker for me - traders & others (but clearly no instos) who have jumped on, probably recently, taken a battering on NMS (and others no doubt) and decided to offload neppy to ensure they can eat that night......
(note prawn i didnt call them silly)

of course other good news on the immediate horizon, that we know of, is the patent ann, the ross deeptech acq ann, and in march the sea-struct acq ann.......but lets face it, its the great unknown that we are anticipating most.
 
I suppose we can take some comfort in the names in the top20 and also that NMS have been picked by a few tipsters to do well this year, also the oversubscribing x 3 capital raising, otherwise we'd be .......... , as this current SP sux. I hope the Macquarie guy is right about small caps bouncing back hard after these drops, that are caused by market forces unrelated to NMS.

Another thing to keep in mind about the aussie economy and investing in shares, we have the 4th largest super balance in the world and each week 9% of incomes are looking for places to park. And NMS would seem to be getting on alot more radars all the time. So fingers crossed!!!!!!
 
Sounda,
How come you didn't feast on Tuesday when it was down round 75-76???
Fortune favours the brave so, I offloaded everything early Tuesday then, picked it all back up for a song in the arvo.
Made 80-81 seem a tad expensive....
Poor ole Neppy is slow outta the blocks this morning also....
 
plasma

Yeah I should have but I must admit I was a bit concerned where this whole share thing was going and then I did some further reflection on NMS and thought "nope everything tells me that this is a good company and is run by a competent manager who, from all accounts, has a good vision" ... so I then waited for a nice low and went wooosh!
 
I wish i was as patient as you two guys, i loaded up on the margin loan at 91.6c. I was keen to get in prior to the EGM, but they only voted on proposals already put forward. What a bummer.

Anyway! Patersons have just upgraded their rating yesterday to STRONG BUY according to Etrade, so maybe that should help push it along. Strong buy being the highest and best rating.
 
Thanks for that heads up Sophie.
I feel for both of you however, it takes a strong nerve to do what I did on Tuesday.
Everything looks good in hindsight but, it could easily have gone the other way.....glad it didn't...
 
Try reading Howard Kunstler's -- "The Long Emergency" on the same subject and very "un-putdownable.." --
 
http://www.rense.com/general37/petrol.htm

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=51837

I just did a 2minute google search and found the above articles. I had been reading about it awhile ago, i didn't find the exact articles from before, but from what i gather the world has only picked the low hanging fruit. Sure economies can't run without it, but they are adjusting to alternatives, albeit slowly. Also Brazil enforces quotas of ethanol that has to be used. They produce it by the bucketload. So no doubt other countries will follow at some stage, given it must be worth it, they've been doing it for about 30yrs.

http://en.wikipedia.org/wiki/Ethanol_fuel_in_Brazil

I doubt that the world economies wouldn't prepare themselves, not to say there could be problems, as in oil being in volatile countries, but the US has Canada next door with huge oil reserves. And if countries become to problematic with large oil reserves, just kill the dictator in power and on the back of some propaganda.

Anyway! an interesting topic. NMS will still be welding something underwater, running their wave and wind generation, or working in gas.and by the time this could even be an issue, we'd be very rich or dead. Anyway we should be running hydrogen cars and generating solar electricity.
 
re-reading the presentation from 14dec07, the EGM was only to get the votes for the 2nd placement of 32.1million shares, which should be placed on the market anyday now.

They raised 61million from instos- Which by the way puts 20 leading instos on the register!!!!!

37million pays for the 2 acquisitions-leaving 24million

Purchase 4 ROVS for 9million-leaving 15million

Purchase 3 vessels for 50-60million- So they are short a minimum of 35million, if no-one participates in the raising.

They aren't trying to sell the placement, you'd think?? Otherwise you'd spruik the Euro patent (assuming Sir SOB is correct). So what have they got up their sleeve?? Or will earnings go along way towards their vessel purchases?? Do they not really want to dilute the stock further and as i said before, was the SPP just being polite to loyal shareholders??

Or buy 2 ROVs, one new vessel, one 2nd hand one, and one with a huge crack in it, which they can weld up(underwater)

And why hasn't the SP bounced back at all?? damm!!!!!!

Stay tuned!!
 
Regards the articles on peak oil, ethanol et al.
With all due respect guys, it sounds as if you've just found this stuff and, are amazed and bemused.
This info has been around for ages.
I personally firmly believe that peak oil is a reality and, yes, we will run out of the stuff, some time in the not too distant future.
You only need to watch the program "Crude Impact" with an open mind, to appreciate the consequence's.
However....regards Neppy and the above, keep in mind, Neppy is also geared up for decommissioning of offshore infrastructure, something that could keep the company going strong for years whether, oil had run out or not.
Having said that, I'm sure I'll be long gone from my Neppy holdings and, hopefully long gone from this mortal coil before any of that happens....touch wood.
 
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