Australian (ASX) Stock Market Forum

NMS - Neptune Marine Services

Re: Neptune Marine (NMS) - $1.15 ish

I think the market has reflected on the announcement about the contract and decided (rightly in my opinion), that it has no substance.No mention of revenue at all.How big is the deal likely to be ? What can NMS hope to make out of all this ?

Maybe a great deal but it will be a while before we really know.I think the share price will drift down until we get some clarification.

I agree however, long term they look good.If the market does crash, which is a fair chance, everything will more or less crash with it.I am not buying anything that I can't get out of very quickly.I maybe totally wrong, the market may settle down, who really knows.
 
Re: Neptune Marine (NMS) - $1.15 ish

Hi Proper,

Interesting perception and I appreciate your comments.

NMS has clearly stated that this contract through the Australian military was simply for the Aust military to test it out as a cost effective, quick and reliable system. From my reading of the ann, they have fulfilled this object. Keen eyes from other militaries such as the US will be watching it in my opinion.

I believe the jump from 70 cents to $1.34 should have been higher, but thats just a nervous market in my opinion.

I think I will be holding my stock for dividends in the future which I'll happily give to my grand children one day :)
 
Re: Neptune Marine (NMS) - $1.15 ish

Nice little contract announcement after market close today.

I bought in last week before they went on their trip to the USA conference, in the hope the share price would rally on the anticipation. Just trading a couple of stocks at the moment, NMS being one of them.Should be a bit of a rally tomorrow depending on market sentiment of course.

I think they have enormous potential and if the market wasn't so volatile I would keep them for medium to long term.Of course we don't have any figures behind any of these deals, so we'll have to wait and see.Looking pretty good at the moment but no volume as such, maybe tomorrow that will change.:boy:
 
Re: Neptune Marine (NMS) - $1.15 ish

So chaps, what is happening with NMS, our (some of us) old favourite.

Not much by the looks of things, slowly but surely heading South as we speak.I do hold still but do wonder about management now.The Maersk deal was supposed to be announced at Christmas, we had the usual Bull*hit about being very complex, blah, blah, but we are talking five months ago now, you can use this excuse only for so long.

Also the lack of numbers in the other deals don't fill you with confidence either, all ifs and buts seems to me.We need some solid news, good or bad to go anywhere I feel.

They get the old :behead: from me I'm afraid.
 
Re: Neptune Marine (NMS) - $1.15 ish

Thought the chart would be interesting for some of the old NMS followers out there.I think the moral of the story is, don't get caught in the hype and stick to your stop losses.Also, do your own research and don't be a :sheep:
 

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Re: Neptune Marine (NMS) - $1.15 ish

son of baglimit said:
hey porper - how about one for nmso so i can bask in its glory

Now that would be just showing off, although you did give me the chance to make some money by bringing it to our attention.I could have made megga bucks if I had known about stop losses then !!Still we all did well out of NMSO.Still a lot of money to be made on them I feel, just not yet, when they turn, look out.Don't want to get suckered into a bull trap though, I'll wait until the charts say nice things.:xyxthumbs
 
Re: Neptune Marine (NMS) - $1.15 ish

I don't hold this one, but I think the latest release is promising. If they are in with Kellog Root & Brown ....
 
Re: Neptune Marine (NMS) - $1.15 ish

KBR was the chief contractor in the 1st job - keep up their cash flow i expect - but they just aint delivering as promised.
 
Re: Neptune Marine (NMS) - $1.15 ish

markrmau said:
I don't hold this one, but I think the latest release is promising. If they are in with Kellog Root & Brown ....
Interesting part from the last release is the mention of current tender bids for more work, with the decision to be made in the next 4 weeks.

Based on previous annoncements, if successful with the tenders, i can see the price pushing mid to high 80's.

Then, with a positive spin on the announcement of the WA INdustry and Export awards on October 14th (they seem to be good at putting a positve spin on things), the price should push into the 90's.

Im thinking about buying in, but i guess i just wanted to check what others thought, especially baglimit. Is the dog capable of a couple of yelps?
 
Re: Neptune Marine (NMS) - $1.15 ish

as u can probably guess ive given up on them. history does show that price rises precede announcements - follow the money i guess.
 
Re: Neptune Marine (NMS) - $1.15 ish

READ THE ANNUAL REPORT - DIRECTORS REPORT AT THE START....

the paragraph "the company has continued to develop the market for the technology with the award of the largest contract in the history etc etc"
DOES THIS MEAN THEY HAVE A CONTRACT WITH SOMEONE, ME THINKS IEV, BUT HAVENT ANNOUNCED IT YET ? LETS SEE WHAT HAPPENS.
 
Re: Neptune Marine (NMS) - $1.15 ish

son of baglimit said:
READ THE ANNUAL REPORT - DIRECTORS REPORT AT THE START....

the paragraph "the company has continued to develop the market for the technology with the award of the largest contract in the history etc etc"
DOES THIS MEAN THEY HAVE A CONTRACT WITH SOMEONE, ME THINKS IEV, BUT HAVENT ANNOUNCED IT YET ? LETS SEE WHAT HAPPENS.


Back to our old favourite Baglimit.I have followed NMS out of curiosity, and hoping to get in again when the time is right. Unfortunately that time hasn't arrived yet in my opinion.

I didn't like the way that they talked the Danish deal up, and then refuse to answer any questions about it, like it never existed.Volume is truly awful as well.I think until we hear some numbers NMS will drift down, maybe wrong, but I think the market doesn't trust management anymore.

If you are trading it again Baglimit, hope it works out, too risky for me now.

:xyxthumbs
 
Re: Neptune Marine (NMS) - $1.15 ish

Baglimit, the directors have amended the annual report and taken out the comment. What a stuff up!!
 
Re: Neptune Marine (NMS) - $1.15 ish

Dreamer said:
Won a 2 million Government grant, price up 18% today.
Also won the Innovation Excellence award - http://www.doir.wa.gov.au/awards.

Results of latest tender must be due soon.


I am afraid the rise that happened last year due to all the awards and hype have long gone.The market now wants deals with dollars attached.NMS doesn't appear to be getting any work, which, if we believed all the hype, they should have had a back log by now.

Also, look at the recent volume, as in there isn't any unless you like buying in lots of $1000.:sleeping:
 
Re: Neptune Marine (NMS) - $1.15 ish

Anyone still following this one?
Finished at 42.5 today. How much lower will it go?
 
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