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NMS - Neptune Marine Services

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sophie - re:the damage in GOM - ina a recent cal dive presentation, they said the gulf coast damage & repair had been overestimated, as many are simply leaving the broken pieces there and putting in new pipes etc.
 
son of baglimit said:
sophie - re:the damage in GOM - ina a recent cal dive presentation, they said the gulf coast damage & repair had been overestimated, as many are simply leaving the broken pieces there and putting in new pipes etc.
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Mmmmmmmm....leaving the pieces there eh???
Maybe Neppy should branch out into marine mapping....just so all those oil tankers can find their way round the wreckage...;)
 
Jeez SOB...lighten up mate.
Maybe you missed the wink at the end.....:confused:
Maybe Neppy shareholders have lost their sense of humor?????:rolleyes:
Well, thats one thing I'll always hang on to, irrespective of SP....up down or sideways.
 
son of baglimit said:
education is important plasma - there aint many tankers cruising the shallows of the GOM (near the coast of louisiana & texas) and all the oil is piped to shore for processing. these are the areas devastated by katrina & co 3 years ago.

heres the link to the pres - and yes its long....

http://phx.corporate-ir.net/phoenix.zhtml?c=201396&p=irol-presentations
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As an afterthought, I agree education is extremely important so, I'll point you to this link....

http://www.vesseltrax.com/crude_oil_imports.html

Pay particular attention to the number of tankers entering and leaving the GOM.
You should also read the information available here....

http://www.globalsecurity.org/military/systems/ship/tanker.htm

Education....sure is a wonderful thing. :rolleyes:
 
Education IS important Plasma. If you knew how 'green' Neppy are;), you would know that they would have no part in dealing with such environmental destruction as leaving wasted debris floating in our oceans.

Go easy on Sir SOB, he could have you beheaded you know!

I still have my sense of humor.
 
I am a little bamboozled by the price action of "Neppy" lately.
When the market is down she's steady and has risen, but when the market is up she sinks.:cautious:
 
I'm afraid that Neppy has been 'Lerted' .. Basically, the problem is due to myself buying in last week.. kiss of death I'm afraid.. sorry :banghead:
 
Lert said:
I'm afraid that Neppy has been 'Lerted' .. Basically, the problem is due to myself buying in last week.. kiss of death I'm afraid.. sorry :banghead:
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Don't worry mate....we should all be alert coz, we need more Lerts. (Sorry, just couldn't stop myself) :cautious:
 
What a dump?? Probably just someone having to cash in?? You wouldn't think someone knows about the quarterly ahead of us.

But another question?? On a another forum, Woy Woy mentions the discrepancy with the forecasts in the presentation. It says NPAT of 14million, but right above it says earnings of 6-7c per share, which according to Woy Woy equals around 18-21million NPAT approximately. So what is it?? Or are the presentations calculations correct, 14million = 6-7c per share?? I thought they made a mistake in the presentation by not showing Seastructs asian offices as NMS worldwide office network, but as a partner. So maybe there is a few mistakes in the presentation.

We really need to see them get a huge new contract, which they are probably capable of doing now, given their ever increasing workforce. I can't wait till the SP gets to having a amount built in for potential growth, as watching it now is horrible.

They re-emphasize their ambition to grow through acquisitions, and they have 30million in the bank, so I bet we hear of one soon.
 
Good point on the Opes Prime.
That would explain some reasonably large trades.
Sophie.....stock up while its cheap, I doubt its gonna stay at this level for long.
Also, I thought there'd be mention of the Euro Patent by now, the Euro Patents Bulletin came out on the 16th.
 
Plasma, don't worry I'm very stocked up. i wont be getting anymore. And thanks Wintermute for that information, seems to have made some sense for the price drop, although not a certainty that the Opes problem was yesterdays dump, but quite likely. Should see it around 64c by the close today- I hope!
 
Dipped my toe back into the Neptune water yesterday for the first time in about 4 years. At this price it is starting to look very good again.
 
heres the report (or the page we care about) highlighting the issuing of the european patent - and yes thats it.

no fanfare - just a few lines in english, german & french.
 

Attachments

  • EPObulletin0816.pdf
    87.7 KB · Views: 37
Crickey SOB, you're a more patient man than I am.
I went to the bulletin, used as many of the terms I could find..... e.g. application number etc, but gave up.
I figured a 975 page PDF was going to waste too much of my time.
Good on ya for locating it tho....
Anyone got any thoughts on why Neppy wouldn't make some announcement about it??????
Seems strange to me.:confused:
 
Announcement out this morning:

Neptune Signs Letter of Intent with Access Management
Perth, Western Australia: Leading engineering services company, Neptune Marine Services (ASX: NMS) today announced it had signed a Letter of Intent for the acquisition of Perth-based Access Management (WA) Pty Ltd (“Access Management”), one of the largest specialist access companies in the Asia Pacific region.
Under the terms of the agreement Neptune proposes an initial payment of AUD$4.5 million, with the added consideration of a three year earn out period based on EBIT performance. Access Management generates annual revenue of AUD$4 million and EBIT of AUD$1 million. The acquisition will be funded by cash raised by way of the share placement concluded on 14 December 2007.
Since 1999, Access Management has built a reputation of safety, quality, costeffectiveness and innovation with its global client base in the oil and gas, mining, chemical, petrochemical and maritime industries. Through the use of rope access, lightweight staging and tension netting, the company provides safe solutions to difficult access problems that meet strict International Rope Access Trade Association (IRATA) requirements.
Managing Director and CEO of Neptune Marine, Christian Lange, said the Access Management business would further enhance and add value to the comprehensive suite of integrated services that Neptune was providing to its expanding global clientele. “Access Management represents a young, dynamic company whose innovative services could be seamlessly assimilated into those of the Neptune Marine group that continues to consolidate its position in the global marketplace,” he said. The acquisition is subject to the completion of satisfactory due diligence and contractual documentation.

Hopefully this will give the SP a kick in the right direction & I really hope they make an announcement regarding the European patent for NEPSYS. Surely this is worth a mention?
 
Judging by the the unenthusiastic response to Neppy's announcements lately, would it be safe to assume the market is sitting on its hands, waiting for all these acquisitions to come home to roost???:confused:
 
lets face it, its been a while since they have presented anything that 'sells' NMS to the market. id probably go back to the comsec presentation and the 'locked & loaded' comment for the last good push of the shares.

since then its been market turmoil, margin calls (not on mgmt thankfully), missed targets (albeit only slightly delayed) and basically real apathy towards a growth story in a growth sector.

In the US, O&G services has sprung to life, with OIH (a oil services fund) and DVR (cal dive) on the dow jumping along nicely, in response to the growth this sector is achieving, despite worldwide weather interruptions....(see also schlumbergers results last week). cal dive results come out in 10 days, and should give a better guide to how the GOM is performing.

and still no news on the patent, despite 16th april been & gone.
 
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