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Great run for neppy today! closing just shy of 70c
Well done R M picking up more Neppy at 46c, bargain !!
Well done R M picking up more Neppy at 46c, bargain !!
NMS - Neptune Marine Services
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Government releasing 35 offshore areas for oil exploration
http://www.news.com.au/business/story/0,23636,23498037-31037,00.html
A possibility for new work in the future?
http://www.news.com.au/business/story/0,23636,23498037-31037,00.html
A possibility for new work in the future?
So, how 'green' is NMS? Can NMS be considered a 'green' company?
I am pondering this question as I have a friend who is very green indeed. I hesitate to mention our purchase of NMS, which is part of the oil and gas industry, as she may not consider it an environmentally sensitive sector to invest in. However, I have been thinking that perhaps NMS, by extending the productive life of oil and gas fields we have already plundered is actually 'saving' other environments from exploration now, is 'green' after all. If we get more oil out of existing sites which are already environmentally compromised then maybe we don't need to damage untouched sites such as the Canadian oil sands. This line of thought falls over as we are likely to get to the new sites anyway, extending the life of current sites is just a delaying tactic. Perhaps, a delay is enough.
Does anyone else have any input on this? Can NMS be considered an environmentally friendly 'green' company?
I am pondering this question as I have a friend who is very green indeed. I hesitate to mention our purchase of NMS, which is part of the oil and gas industry, as she may not consider it an environmentally sensitive sector to invest in. However, I have been thinking that perhaps NMS, by extending the productive life of oil and gas fields we have already plundered is actually 'saving' other environments from exploration now, is 'green' after all. If we get more oil out of existing sites which are already environmentally compromised then maybe we don't need to damage untouched sites such as the Canadian oil sands. This line of thought falls over as we are likely to get to the new sites anyway, extending the life of current sites is just a delaying tactic. Perhaps, a delay is enough.
Does anyone else have any input on this? Can NMS be considered an environmentally friendly 'green' company?
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Well when I looked at my portfolio this afternoon I noticed that my NMS holding was extrenely "green"
But seriously I do feel there is a definite "green" potential for Neppy. I believe they mentioned "wave energy" as a sector of involvement for them in a recent report.
But seriously I do feel there is a definite "green" potential for Neppy. I believe they mentioned "wave energy" as a sector of involvement for them in a recent report.
Does your "friend" drive a car? live in a house? turn the lights on in her house?
Have hot/cold reticulated water in that abode? electricity in that abode?Drive on paved roads? wear cotton clothing? wear leather shoes? wear acrylic raincoats?drink water from plastic bottles? and so on..I would wager that she does and if so then she is a participant in the energy and resources consumption..Mining and resource companies NEED outfits like NMS so that your friend can enjoy all of the benefits..Talk about bloody hypocritical!!!Get a grip,mate!!!
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Hey Rob,
Settle mate.
I think you have totally mis-read RM's post. He/She was posing the question, not stating that NMS were "un-green"; well that's the way I read it anyway.
RM doesn't actually give a rats' whether NMS is green or not, (and it is a oil and gas industry service company after all).
RM is floating the idea to assess if she dare tell the bully VGFI.
That reminds me, must go 100 yards down the shops in my v8 and get the Womans Weekly and a packet of fags.
On the topic of NMS, as a company it continues to get stronger and better with every passing event. The $60m placement at 95 cents was cheap a few months ago and that will be again looking cheap pretty soon.
RM is floating the idea to assess if she dare tell the bully VGFI.
That reminds me, must go 100 yards down the shops in my v8 and get the Womans Weekly and a packet of fags.
On the topic of NMS, as a company it continues to get stronger and better with every passing event. The $60m placement at 95 cents was cheap a few months ago and that will be again looking cheap pretty soon.
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Yeah I'm happy with NMS, their investor presentation today was pretty good.
If the company is stable and contracts are piling up behind the closed doors and with the need to repair and maintain oil rigs as the price goes up - I don't see why this can't be a WorleyParsons like play.
If the company is stable and contracts are piling up behind the closed doors and with the need to repair and maintain oil rigs as the price goes up - I don't see why this can't be a WorleyParsons like play.
I am interested in whether NMS could be considered 'green'.
I have investments in Hunter Hall which is fund manager with an ethical/environmental focus. I have selected the socially responsible option within my superannuation fund.
I, and I imagine most other investors, do consider the ethical/environmental impact of the companies they invest in. This mirrors the behaviour of consumers who do make the ethical choice when purchasing (providing it doesn't involve too much inconvenience or extra cost!).
If you don't think this topic is important, for ALL companies, I believe you are mistaken. Would you buy James Hardie shares? Nike, no matter how hard they try to lose the reputation of running abusive Asian sweatshops, is always going to be tainted with that smear.
This is the reason I am asking the question, can NMS be considered a 'green' company?
I have investments in Hunter Hall which is fund manager with an ethical/environmental focus. I have selected the socially responsible option within my superannuation fund.
I, and I imagine most other investors, do consider the ethical/environmental impact of the companies they invest in. This mirrors the behaviour of consumers who do make the ethical choice when purchasing (providing it doesn't involve too much inconvenience or extra cost!).
If you don't think this topic is important, for ALL companies, I believe you are mistaken. Would you buy James Hardie shares? Nike, no matter how hard they try to lose the reputation of running abusive Asian sweatshops, is always going to be tainted with that smear.
This is the reason I am asking the question, can NMS be considered a 'green' company?
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That is a broad question, what is your interpretation of green?
As far as I can see Neptune are doing the NECESSARY task of fixing oil rigs to sustain world energy needs, I'm pretty sure they'd try to keep it as clean as possible but I didn't but it because its an environmental company.
I work for a company that is currently trying to go "Green".
It is in a business/office environment, but I can assure you, no matter what field, it is a monumental task to go green.
You need to have certain minimum percentages of recycled material, environmental considerations...blah the things you have to do is just enormous.
Try researching what it means to go Green, then read through Neppy's reports...
It is in a business/office environment, but I can assure you, no matter what field, it is a monumental task to go green.
You need to have certain minimum percentages of recycled material, environmental considerations...blah the things you have to do is just enormous.
Try researching what it means to go Green, then read through Neppy's reports...
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go green - lets see NMS repair faulty pipelines, reinforce damaged rigs, dismantle rigs, and a lot of their work is under the environmental requirements of the NWS - not to mention taking on RDT's wave energy technology.
for the moment they are doing their bit.
re:yesterdays presentation (and hopefully theres a brr for it)
it appears greenfields have now taken priority, rather than brownfields - interesting, but not surprising considering the amount of new projects coming on line or announced recently.
a diving MSA with woodside - hopefully another tick for agostini.
and a good thing to highlight the list of new projects - really reinforces to the investment community that offshore O&G is the next big thing.
the next week, combined with sea structs vwap finalised and other news, could be a fun week.
for the moment they are doing their bit.
re:yesterdays presentation (and hopefully theres a brr for it)
it appears greenfields have now taken priority, rather than brownfields - interesting, but not surprising considering the amount of new projects coming on line or announced recently.
a diving MSA with woodside - hopefully another tick for agostini.
and a good thing to highlight the list of new projects - really reinforces to the investment community that offshore O&G is the next big thing.
the next week, combined with sea structs vwap finalised and other news, could be a fun week.
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On the 'Green' issue... WHO GIVES A.S?
At which point was this thread over run by hippies?
Anyone investing in shares is doing so to increase their wealth. This is then spent on goods which, by their very nature, are detrimental to the environment. Houses, cars, boats, plastics, white goods, furniture etc, etc.
NMS is primarily a company which services the oil and gas industry. Burning oil is the greatest environmental disaster of all.
If this concerns you, sell your NMS shares, turn off your computer, leave your house, car, boat, and all you have consumed in your life time, give all your money to the World Wildlife Fund and climb back up your tree!
Is NMS green? What a joke!
At which point was this thread over run by hippies?
Anyone investing in shares is doing so to increase their wealth. This is then spent on goods which, by their very nature, are detrimental to the environment. Houses, cars, boats, plastics, white goods, furniture etc, etc.
NMS is primarily a company which services the oil and gas industry. Burning oil is the greatest environmental disaster of all.
If this concerns you, sell your NMS shares, turn off your computer, leave your house, car, boat, and all you have consumed in your life time, give all your money to the World Wildlife Fund and climb back up your tree!
Is NMS green? What a joke!
On the 'Green' issue... WHO GIVES A.S?
At which point was this thread over run by hippies?
Anyone investing in shares is doing so to increase their wealth. This is then spent on goods which, by their very nature, are detrimental to the environment. Houses, cars, boats, plastics, white goods, furniture etc, etc.
NMS is primarily a company which services the oil and gas industry. Burning oil is the greatest environmental disaster of all.
If this concerns you, sell your NMS shares, turn off your computer, leave your house, car, boat, and all you have consumed in your life time, give all your money to the World Wildlife Fund and climb back up your tree!
Is NMS green? What a joke!
Mmmm. A bit of sledging. I thought that only happened in sports where they had lost an understanding of the meaning of the game and an ability to act in a sportsmanlike manner. JT, is the reason for being on a forum to contribute, and to benefit from the contributions of others? Even if you do not necessarily agree.
I think you will find ethical/environmental considerations will become a significant factor for companies seeking investors. This will have an impact on the share price. Your share price, and mine. To dismiss the 'green' aspect of any company you are investing in is as naive as ignoring basics such as whether the company makes a profit or has significant levels of debt. Triple bottom line reporting will be common practice within a few years. Major players in the market such as superannuation funds, sovereign wealth funds, etc will find they have to report on these factors.
Anyway, enough of this. Let's see where the share price takes us next week. It has missed my estimate from last week of reaching the mid 80's today.
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Settle petals, you both make good points .
I would agree that I do not see NMS as being a green-focused company - mainly because its a startup and it just can't.
It is doing the necessary evil of maintaining the world's energy supply which is you would have to agree - extremely important.
I am sure that they are trying to minimize the impact on the environment in the jobs that they are trying to do (companies have to).
But I agree that in the future there will need to be more innovation and more funds allocated for the benefit of the planet.
But anyway till a time comes when we do transition from gas to green I'm investing in Neptune for hopefully some damn good gains.
. I would agree that I do not see NMS as being a green-focused company - mainly because its a startup and it just can't.
It is doing the necessary evil of maintaining the world's energy supply which is you would have to agree - extremely important.
I am sure that they are trying to minimize the impact on the environment in the jobs that they are trying to do (companies have to).
But I agree that in the future there will need to be more innovation and more funds allocated for the benefit of the planet.
But anyway till a time comes when we do transition from gas to green I'm investing in Neptune for hopefully some damn good gains.
Couldn't have put it better myself, v.
Now let's get back to discussing the merits of NMS as an investment. For my money, the future looks promising with a huge amount of O and G pipelines/infrastucture in need of repair and maintenance in the next several years.
Now let's get back to discussing the merits of NMS as an investment. For my money, the future looks promising with a huge amount of O and G pipelines/infrastucture in need of repair and maintenance in the next several years.
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oldblue - didnt you read the latest presentation - lange is now chasing greenfields - repairs & maintenance is small fry - he's going into hyperspeed.
True, but let's not neglect the bread and butter business. I don't think the big projected increase in this year's revenue is coming out of the greenfields.
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http://www.energycurrent.com/index.php?id=2&storyid=9934
That link shows the first two ROVs are to be delivered in june08. Sort of not in conjunction with Seastruct acquisition, but happening nonetheless. And they have the semi-automated ROV, conservatively valued at 5-6million. I wonder how it could be semi-automated, any ideas?? I think they have big plans for this, as mentioned in the investor presentation the other day, the still widespread damage off the gulf coast, and for some it's been around 3years not earning, like BP's Thunderhorse. No doubt it will give NMS another huge market edge, Lange wouldn't have pursued this so rapidly had they not seen it to be feasable and very profitable. He has spent plenty of R&D money on this. But again I ask, how is this thing semi-automated?? And on BP, they aren't yet listed as one of their customers yet in the presentation, but I'd expect since they said NEPSYS was the way of the future, we should see some announcement with them soon.Shame to see the price drop, but the negative market sentiment has hit again. Eurpoean patent this week, we expect. And two weeks to the next quarterly, which is supposed to carry heaps of the years income, I predict about 31million, that should keep them around target, shouldn't it?
That link shows the first two ROVs are to be delivered in june08. Sort of not in conjunction with Seastruct acquisition, but happening nonetheless. And they have the semi-automated ROV, conservatively valued at 5-6million. I wonder how it could be semi-automated, any ideas?? I think they have big plans for this, as mentioned in the investor presentation the other day, the still widespread damage off the gulf coast, and for some it's been around 3years not earning, like BP's Thunderhorse. No doubt it will give NMS another huge market edge, Lange wouldn't have pursued this so rapidly had they not seen it to be feasable and very profitable. He has spent plenty of R&D money on this. But again I ask, how is this thing semi-automated?? And on BP, they aren't yet listed as one of their customers yet in the presentation, but I'd expect since they said NEPSYS was the way of the future, we should see some announcement with them soon.Shame to see the price drop, but the negative market sentiment has hit again. Eurpoean patent this week, we expect. And two weeks to the next quarterly, which is supposed to carry heaps of the years income, I predict about 31million, that should keep them around target, shouldn't it?