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NMS - Neptune Marine Services

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and likewise, surely they WOULDNT get sufficient levels to agree - not the board, not the holders of shares in escrow, not the instos - and not me.

the current environment, and NMS record so far, doesnt suggest any chance of a takeover currently - lookout 4 years + down the track.
 
son of baglimit said:
is it me, or are they planning several announcements this thursday - half year report, european patent, plus....................

we shall see.
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I like that kinda talk SOB. I have had that same question in my mind over the last few days, probably more hoping actually.:)
 
I've had to stop watching the SP, it's too disturbing, I just rely on my margin lender to give me updates, which they have done a few times now, thanks guys!!

There must be something going on, they wouldn't advertise for over 30 different jobs (only in Aus), and multiples of each one, if nothing was happening. So whatever the SP does in 08, i doubt it would be nothing compared to 09. You'd have to think the 12billion Pluto project or some other major NW shelf work would filter a bit of work NMS's way soon, with all the connections they have, particularly Agostini. And we haven't heard of anything major from the US, so it's only a matter of time for that to happen. the "Nepsys" market edge should be huge!??!

God knows how Son of Baglimit finds those patent pages?!?! And what stage is that at, are they just dotting the "i's" and so forth?
 
son of baglimit said:
and the european patent is another step closer..........

http://www.epoline.org/portal/PA_1_...RDOCTYPE=PDF&RDOCNO=EM18H9B15913FI4&NPL=false

they ask for the OFFICIAL GRANT CERTIFICATE - is it me, or are they planning several announcements this thursday - half year report, european patent, plus....................

we shall see.
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Crickey SOB, you're good at finding this stuff....I'm the same as Sophie....amazed. (Must have too much time on your hands...lol)
I certainly hope you're right about possible multiple announcements....we could use a LOT of good news about now.
I know the SP needs it....:(

Regards the jobs advertised:
I hope they can get them filled.....there's a BIG trades shortage in all engineering fields these days, thanks in no small part to the resources boom.
 
Wow....a really good day today!
Up 15%, 680k volume. Let's have some more of this, yes please!
A halfway reasonable night in the US and who knows how much more we can recover:D
 
Up another 15% this morning!! Finally Neppy's SP is heading rightfully North again. With results expected next week, lets hope theres more good news to come.
 
Oh yeah......nice to see the SP heading back into more positive territory.
Damn....I can hear the sighs of relief from here...;)
Seems an oil price of over US$100 sure as hell ain't hurting things either...
 
dont have my charting software available, but if you draw the straight line from the highs during the recent downtrend, you can clearly see the 2 day rally has broken through that line on rising volume... nice little reversal...

hopefully the beginning of a new uptrend

although, the question still remains, who was putting so much selling pressure on the SP in the last few months and why?
 
A nice turnaround in this company's price recently as expected. It was earlier well oversold. The price was affected by the overall sour market conditions and a recent holder's sellout for (what I believe were) non-company related reasons. Some good news floating around now it seems and perhaps a total new era for the company to dawn. :rolleyes:
 
prawn_86 said:
Why was it oversold?

Please provide some facts rather than an opinion, be it of a technical or a fundamental nature.
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Wow! Talk about the Spanish Inquisition.

Heavily oversold in my opinion since it is a company which has recently: re-confirmed forecasts of significant revenues and eps growth for the 2008 and 2009 periods, giving it a relatively low P/E considering the growth expected; re-confirmed that growth is continuing and that strategies are well ahead of schedule. Future acquisitions are still confirmed as being on the board; the sector is still booming and the price has been lagging when compared to bounces of other companies in similar fields.

Oversold from the TA point of view too for a variety of reasons, but DMI has recently touched 8 and the price has come off by some 50% from the top formed just weeks ago. There has been an obvious large and sustained sell off in recent weeks and the remaining activity and downward pressure was driven not by any reality, but by recent overall market sentiment and unrealistic fears for how any US recessions may affect the company.

Company will only benefit from increased oil prices of late and it is relatively protected from sub-prime, economic slowdown and credit concerns.
 
Wow! That is a decent explanation to why you believe the stock was oversold...I must concur

With the mkt down today could be a great buying opportunity....
 
There is certainly nothing in the half yearly report to change my above views. Wide project capture, good growth shown, major customer penetration, profit, etc, etc. A good read. Good news to continue to flow with this company.
 
Re the half yearly. I thought it sounded fine. There was an explanation re the delayed jobs and the lack of vessels. Now they will buy and hire vessels out, another source of revenue. They spent considerable amount on training divers welding, which they can't do without, considering they have 9million of booked Nepsys work. Then there was the upgrades on the Nepsys habitat, also the semi automated model, worth conservatively 5-6million and doing very well in trials. And a maiden profit, not much, but they are spending alot on developing the company as mentioned above. Whether it satisfies the market is another question. One thing for sure is there is always positive change and evidence that they are developing a huge company. And the amount of jobs advertised by Neptune just proves they anticipate alot of growth- 34 individual job types. As shown earlier in the thread, the Euro Patent must be due any day now, seeing the last line in that document(22feb08) requesting the grant certificate, to me indicates it's done and dusted. Also we should hear about Seastruct by the end of march. And the new ROVS are due in the next month or so and will also contribute to this years revenue and of course beyond.So there's some news coming that's again positive and evidence they are growing. I'm only concerned about the price of the shares i have to sell along the way, to pay bills, but the long term ones, like 2-3yrs away, I'm very happy with.
 
my highlights from the half yearly............

for those with accounting knowledge, please correct me, but the delayed payments contributing $6.3m to revenues & $3.15m to ebit brings these items up to $38m in revenues & $5m ebit for the half year.

for the 1st time, diving contracts awarded in europe (you would assume not business directly attributable to ross deeptech, as it wasnt finalised til january)

a lot of relatively small contract work not previously announced, to keep the revenues coming in.

a greater explanation of their R&D activities.

as said in the comsec presentation late last year, lange has a lot of time for the margins achievable by tri-surv. this is shown in the presentation slide showing divisions, sales, contribution to ebit, and the amount of ebit created from sales - 43% - an amazing figure.
and the contribution of ebit from tri-surv compared to the overall business - 42%.
i posted several times (on another forum) this was always going to be the most significant acquisition. and its from only 4 1/2 months.

comparing revenues for the half year, with the previous full year.

it appears we are now getting from NMS what a lot of us have not been hoping for, but expecting.

and theres still the patent & sea-struct acq to finalise.
 
Yeah...well...I guess its a reasonable report.
I still think its gonna take better news than that to turn things on a sustainable upward trend.
In my humble opinion, I would have thought $9mil of NEPSYS orders was quite ordinary, considering the costs involved....:2twocents
 
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