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NMS - Neptune Marine Services

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Two separate cross trades: one at 12.40 for 1066520 the other at 12.17 for 100000. I wonder who the broker was. Macquarie?
 
Nice little upturn in this one following recent announcements, anyone think this will continue to run up? What are the risks with neppy now?
 
risks ?

now?

has there ever been, since the appointment of the messiah lange ?

maybe just maybe, as evidenced by the recent reporting of WOR, CLO, MRM, NMS, and others in the O&G services industry, and particularly those working offshore, this is one sector that is just going to continue growing, working, improving, as the O&G giants continue to spend cash on their 10...20...30 year plans to extract O&G from under the sea.

with many of the land based small players shutting down drilling activities, the eventual demand catching up with supply means the oil price rises, and the cycle of offshore services demands and the prices they can charge will skyrocket once more.

all is well - very well.
 
NMS is very close to wave equality now so it is reasonable to suggest a dip is on the cards to form the larger B wave. I would suggest the $0.35 area should hold up any decline. From there it should be onwards and upwards for the stock as it traces out the large wave C. At this stage I am targeting the $0.55 - $0.62 area.
 

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Lachlan6 said:
NMS is very close to wave equality now so it is reasonable to suggest a dip is on the cards to form the larger B wave. I would suggest the $0.35 area should hold up any decline. From there it should be onwards and upwards for the stock as it traces out the large wave C. At this stage I am targeting the $0.55 - $0.62 area.
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My guess is that 40c will act as a support level.

Very good article in the Sydney Morning Herald with the headline "Enjoy cheap petrol while it lasts." Once this credit crises eases the cost of oil will shoot up.
Good for NMS shareholders but not for your wallet.
 
With the turn around in the SP yesterday, i guess we are in for a fairly strong 3Q result. NMS remains the quiet achiever.
 
This stock has taken a slight battering in the last month or so, from a high of
0.59 on the 6/5 to today last trade 0.52. Does anyone have any ideas where the next level of resistance might be?? Will it be 0.50??? Any ideas as this company appears to have sound financials and has in recent times won some good contracts.....Is the drop just a reflection of the overall correction in the market or is there something else brewing....Is it just the lag leftover effect after people taking profits at .57-.59?? any thoughts much appreciated..


Discloure: My partner has a holding in this stock
 
the discussions and information on that 'other forum' should reveal the long termers have total faith in the direction of neptune. there would appear to be a persisent seller (most likely macquarie) who is using the 'healthier' SP to offload some, reasons varied, including to simply balance up a small cap fund which became overloaded with NMS' value.

in addition there are 3 pieces of info that have been discovered thru googling that the company has yet to disclose - a contract for sea struct (see their website), a contract for neptune diving (cleaning rigs etc that enter aust. waters), and a mystery vessel that they revealed and then quickly pulled from their website several months ago, named neptune pegasus. the specs of this vessel suggest it is made for a long term stay at sea, with very large accomodation and capacity to perform all NMS services. we await the news.
 
Any thoughts on the trading halt.?
New contracts or takeover? Must be something big.

I hope not a takeover NMS is well and truly out performing the market.
 
woywoy on HC posting a capital raising - amount and reason unknown yet.
expecting to hear news thru the APPEA conference on in darwin currently.
 
I guess the only capital required would be another vessel, hardly reason to go into capital raising, unless they need two vessels, not sure about this line of thought. Especially with a projected NPAT of approx 30m and no dividend to be paid.
 
son of baglimit said:
a mystery vessel that they revealed and then quickly pulled from their website several months ago, named neptune pegasus. the specs of this vessel suggest it is made for a long term stay at sea, with very large accomodation and capacity to perform all NMS services. we await the news.
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my best guess is this - fits the criteria, the demands of the growing LNG industry at present. also they have mentioned via patersons reports recently are searching for acquisitions in north sea.
 
bluekat said:
Any thoughts on the trading halt.?
New contracts or takeover? Must be something big.

I hope not a takeover NMS is well and truly out performing the market.
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I had the same thought initially. Shouldn't think it would be a contract otherwise they would have announced it although as SoB said in an earlier post there are 2/3 contracts they have not announced. My guess is they are joining the fund raising brigade. More dilution of shares. If this is the case I hope shareholders can participate not just the instos. If it is a takeover how much of a premium are they worth?
 
I start my new job as an Engineer with NMS in Perth next month...........
Maybe I'm more important than I thought, (and they're going to announce it).
 
son of baglimit said:
woywoy on HC posting a capital raising - amount and reason unknown yet.
expecting to hear news thru the APPEA conference on in darwin currently.
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The ann doesnt say capital raising...don't drag HC onto this site...i don't want that brush tarnishing this good name.

Ann just states pending announcement...stay tuned!
 
Geez Surf , they must be payin' you well if the need to do a cap raising!! Could be the new Tojo , and the:eek: shiny new visibilty vests?? :eek:
 
surf73 said:
I start my new job as an Engineer with NMS in Perth next month...........
Maybe I'm more important than I thought, (and they're going to announce it).
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Hmmmmmmm......well we all know what engineers are being paid these days, so it doesn't surprise me the company may be contemplating a capital raising....:D
 
JTLP said:
The ann doesnt say capital raising...don't drag HC onto this site...i don't want that brush tarnishing this good name.

Ann just states pending announcement...stay tuned!
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despite the cr@p that does get posted there, HC does have it merits too.
you do have to use the ignore poster option a fair bit.

at least folk there are happy to post without the need for legal advice first.

i maintain the cap raising is correct, but the reason is now clouded - not pegasus, but something deeper.
 
son of baglimit said:
the discussions and information on that 'other forum' should reveal the long termers have total faith in the direction of neptune. there would appear to be a persisent seller (most likely macquarie) who is using the 'healthier' SP to offload some, reasons varied, including to simply balance up a small cap fund which became overloaded with NMS' value.

in addition there are 3 pieces of info that have been discovered thru googling that the company has yet to disclose - a contract for sea struct (see their website), a contract for neptune diving (cleaning rigs etc that enter aust. waters), and a mystery vessel that they revealed and then quickly pulled from their website several months ago, named neptune pegasus. the specs of this vessel suggest it is made for a long term stay at sea, with very large accomodation and capacity to perform all NMS services. we await the news.
Click to expand...

Macquarie has decreased holding by 2673845 6.75%. Voting rights down from 13% to 12%. I think they were holding 18% at some time. This balancing act by Macquarie seems to defy logic. Why sell off stocks rising in price just to keep their portfolio balanced.
 
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