Australian (ASX) Stock Market Forum

NMS - Neptune Marine Services

Crickey Blue.....your crystal ball is working a real treat.
68 and dropping....I wonder how long this limbo dance is gonna carry on???? :banghead:

Crystal ball broke a long time ago.

Just too many scars from trying to catch falling knives over the years.;)
 
Share purchase plan finished and new shares hit the market tomorrow, according to the timeframe given 14december. It will be interesting to see how many people participated. I personally know someone who did. They don't follow the SP like I do.

Shaunm I wouldn't be suprised if they were working for BP already, they may be the top secret ones mentioned.
 
Share purchase plan finished and new shares hit the market tomorrow, according to the timeframe given 14december. It will be interesting to see how many people participated. I personally know someone who did. They don't follow the SP like I do.

Agreed it will be interesting to see how many people participated...

People who purchased at the SPP will be easy to spot. They will be the ones wearing a coloured wig, red nose and happy pants tomorrow...clowns ;)

...however fantastic for NMS

I think i am getting very sinicle in my old age.
Hang in their holders:rolleyes:
 
great new website has been delivered - very informative, and attractive to investors & clients........although....

in the investor section, they may want to remove the intersuisse broker report and replace it with the intended patersons one lol.

any other comments.

http://www.neptunems.com/
 
Yeah SOB....just a quick one.
Maybe Neppy can have a chat with their server.....tell them to upgrade the equipment coz, IT AIN'T WORKING.....for now at least.
 
Agreed it will be interesting to see how many people participated...

People who purchased at the SPP will be easy to spot. They will be the ones wearing a coloured wig, red nose and happy pants tomorrow...clowns ;)

...however fantastic for NMS

I think i am getting very sinicle in my old age.
Hang in their holders:rolleyes:

I participated! For the greater good of the company, I believe they will repay me in years to come. Also, considering my entry prices of 26c, 20c, 44c and 68c, they really don't owe me anything - although I have lost buckloads on paper in the past couple of months! I don't understand the current lull in the price at all.
 
I participated! For the greater good of the company, I believe they will repay me in years to come. Also, considering my entry prices of 26c, 20c, 44c and 68c, they really don't owe me anything - although I have lost buckloads on paper in the past couple of months! I don't understand the current lull in the price at all.

That is fair enough Fleeta...your entry levels are fantastic so I totally understand...and I admire your loyalty to the company by taking part...but at 65.5 now ???? very charitable

I'm over this sp:mad::mad::mad::banghead::banghead:
 
I'm over this sp:mad::mad::mad::banghead::banghead:

Me to! I had to sell a fair amount on my margin loan, luckily I have sold a fair few at profit in the last 6months, so my tax will be better at least!?

Apparantly there is an article in this weeks BRW(see HC) and some pratt sold out, but also it say Clive Langley has sold out. That happenned ages ago at 75c, and also mentions Macquarie wanting out. That goes totally against what Neil Carter said on "Debt to equity"(Sky Business), he only mentioned two of their top stocks,one being NMS, of 60-70 stocks, in the small cap fund and that they look at a 5yr investment. Also the article says about issues relating to big oil/gas providers being hesitant about giving a small company new work. All that seems to go against recent available information, to my understanding. It sounded to me like NMS had more work on their hands than they could handle, with 8-9million backlogged NEPSYS work so far this year, as well as what they have completed. Lange says they are 1yr ahead of schedule? But BRW says they can't pick up new work? It doesn't make sense. And why would BP even commission a report on NEPSYS if they didn't intend on utilising it, if the report proved positive for NMS, and it did. I don't think the BRW article is well researched by the sounds of it.

I think overall the US problems have pushed it down through negative sentiment and pratt sold out, which we should see a notice to that effect, but I doubt we will see one regarding Macquarie.

I personally will be hanging on, definitely, nothing has changed fundamentally, only looks better! Except the $@&ing SP!!!

And the new website looks excellent, the credentials of Keenan, Lange and Agostini are well worth the read.
 
I reckon it has to be someone (group) trying to push the SP lower to buy up at a bargain. I saw a video on "youtube" by a trader ( name escapes me now) who said that's what they do to buy up good stocks at bargain prices.

The volume today is around 20% of the last few days so it looks like the sellers are drying up. I have been buying all the way down, and I can't buy any more.
Things have to come up again soon. It's half the price it was in November so what's the difference now, apart from sentiment?
 
This is becoming pretty damn cheap.

If all this hype and talk comes to fruition, these prices will look like the bargain of the century.

BUT

Something is definitely happening out in the Neppy World...
Why is somebody selling down? Why is this price getting smashed?

The Futures are pointing to a bad night in the US tonite. I might jump on the Neppy train if it breaches 60. Any chartists for support lines?
 
I have futures up atm, but it's waaay to early to be relying on them yet. ;)

I agree, if it breaches 60 then I'd condider a small entry

*apologies*

Sorry for some reason my screen hadn't refreshed for a couple of hours. You're right futures look grim atm
 
This is becoming pretty damn cheap.

If all this hype and talk comes to fruition, these prices will look like the bargain of the century.

BUT

Something is definitely happening out in the Neppy World...
Why is somebody selling down? Why is this price getting smashed?

Underwriter took up 25mill+ @ .95 and is now selling them (IMO ;))...as they can't afford to hold them any longer.

Hopefully this is over sooner rather than later:banghead: I'm over this:(:(
 
Underwriter took up 25mill+ @ .95 and is now selling them (IMO ;))...as they can't afford to hold them any longer.

Hopefully this is over sooner rather than later:banghead: I'm over this:(:(

That sounds insane. How could you take a 6.25 million hit (based on 70 cent sale)? Nice one - Staggering!:eek:
 
New to looking at this share. EPS forecast is 6-7 cents. With this fall in SP are their projected earnings still high?
 
Anyone know why the share price is getting hammered so much?
Has there been any extremely bad news out there?
 
Maybe it is a stack of people who bought in at the share placement and are just off-loading, much like the alleged broker a couple of posts up.
This company has a great story to tell and has a unique position (nepsys dry weld) so this should have nothing to do with anything being wrong in terms of strategy and operations.:)
 
Underwriter took up 25mill+ @ .95 and is now selling them (IMO ;))...as they can't afford to hold them any longer.

ummmm - what underwriter ? - what 25m+ @ 95c ?

the placement was completed, and was 3 times oversubscribed - no underwriter needed there.
the SPP had no minimum or maximum, and as stated several times, was likely just a way to quieten those whinging about not getting opportunities to accumulate more in the previous placement at 60c (1:20 rights issue).
so there was no need, and no actual, underwriter picking up these 25m shares.

get the info right !!!


and shaunm - you are absolutely spot on.
 
Pheww! It's good to see the southern movement cease.
I sense a collective weight off all holders shoulders.:bounce:
 
looks like they have made the new website very user friendly - the latest patersons report, with dec qtr comments, is included.

and its here too.........
 

Attachments

  • NMS Patterson 02-08.pdf
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"Speculative Buy" - I did not think Neppy was viewed as speculative!?:eek:

Although I guess Pattersons know what they're talking about after all they are
"underwriter to Neptune Marine Services' $61 placement at 95C."

Hmm whats that $61 div by 95c.......64 shares......my that is a big placement.:blaah::silly:

Sorry the rain has me stuck inside today, going a little crazy.:)
 
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