NMS - Neptune Marine Services

[baglimit]

hello folks - since my 1st post re:NMS (tsk tsk) there seems to have been quietly growing support from this forum, and others, for this nice little performer. since april's listing @ 20c (with 1 for 2 free option) the price fell and stayed around the 13-15c range till they began releasing news, which in short sharp grabs has bought it to its present point (37c after high of 45c). as with a lot of small coy's, its always the NEXT release that will see the price skyrocket, with that pending deal within europe (probably with maersk) hopefully in prior to xmas. so to those who jumped aboard, well done. to those who at least looked, keep your eye on them. i would probably expect a little weakness till that next release, so if its in consideration, remain vigilant.

[The Barbarian Investor]

Baglimit,

I'm sure a lot of people here were happy with your initail post and information (after the ramping issue died down) well done, sorry i wasn't there to enjoy the ride :)

Being a member of this forum is a great learning experience..

The Barbarian Investor

[baglimit]

barbarian - i will put this here only once - there is still more to learn with NMS - keep watch, but dont blink, you might miss it.

[Dwib]

NMSO jumped 3.5c :)

Any thoughts why?

[baglimit]

the best answer i can offer dwib is it was value compared to the shares. with 6 years to go till maturity (a long time in option world) and a exercise price of 20c, at this stage there is no need to maintain a 20c buffer to the shares. i would have thought 12-15c range would be about the correct margin at the moment. anyone else with thoughts on the price difference between shares and options ??
and there is plenty more where that came from - ok that IS a ramp.

[Porper]

Well at least you've ramped in the right spirit of ramping:rolleyes:

I agree though the options do appear to be cheap, especially if we believe the company is going places.Six years a long time 'till maturity and percentage wise if you firmly believe in the company then although obviously more risky the upside in the options is considerable.

One note of caution, it is a new company and it is possible that things could go horribly wrong.

I personally think they have a superb technology and companies do appear to be using it, so looks very good in my opinion.Of course I could be wrong :eek:

[baglimit]

cmon porper - only positive news please - dont need any reason for the traders to jump ship - although they would soon enough regret it - OOPS ANOTHER RAMP....nice day today - new peaks for nms & nmso....dontya just luvit.

[Porper]

Baglimit, everybody knows my feelings on the company as I have bought some options so of course I think the company has potential, but I can't & wont just do a bare faced ramp.Potential investors need to do their own research & know the pitfalls as well as the pros.

It certainly isn't a sure thing, as with any stock they all have potential both ways.As far as news goes, well, it is all good at the moment and long may it continue it certainly has performed extremely well in the few weeks since I bought. :xyxthumbs:

[baglimit]

porper - so many well chosen words. it is normal for my good self to start considering where to be putting profits from little successes like this one. however my confidence in this little performer becoming something more than a little success is so high that i just cant see the point at the moment. i havent got anything else on my radar that i expect to provide a better return.
so i guess i just leave it there and ponder. i did find it a little odd your comment that 'all the news has been good' - thats the one problem, theres been little news lately - everyday is 'the day', and everyday turns out no to be the day. i guess patience is also a virtue, not just a card game. enjoy.

[Porper]

Well Baglimit, all I meant was that all the news since I bought in has been good, admitedly not much of it.

Lets face it it doesn't seem to matter anyway, the share price is rocketing on it's own at the moment, surged again today to another all time high. Imagine what it could do if we do get some really good news :dance:

[The Barbarian Investor]

Hi guy's,

Why do you think it will continue rising?

Or are you just speculating/ramping/wishing?

The Barbarian Investor

[Porper]

Barbarian, firstly I do not ramp, if you look back through all my posts I always try and give a balanced view.

I have no information as to why I think the price will go up, only past performance, a good technology and a hope we get some big deals coming through.It is not a stock in my view to put money into that you cannot afford to lose.That of course means there is more upside.You can't have your cake and eat it..............risk V reward and all that.

If the contracts come in she will go up, if not she will go down.In my opinion it is as simple as that.A bit like MUL, but hopefully will keep going and not retrace too much.

I hope that explains things for you. :D

[Dwib]

Comments from the Ferret with respect to the recent rise in NMS and NMSO price. So hopefully we get some news this or next week.

ETrade 1/12/04

NEPTUNE MARINE SERVICES (NMS) has the announcement caper well under control.

In each of the past two months it's made a generally little-noticed, but a share-price-transforming announcement nevertheless, in the first week.

And, guess what ... it's the first week of December.

Listed in April the 20c shares were a losing proposition for original investors when they traded at 15c and 4c for the 1-for-2 free options on opening day.

The stock continued to struggle until October 7 when it announced that its technology (for underwater welding at less cost than more conventional wet welding) was to be assessed during October by major overseas oil and gas and shipping line interests.

The shares shot up from 15.5c to 20c.

The next big boost came on November 8 when the company announced it had secured its first military repair contract for the use of its "Dry Underwater Welding Technology".

"Although relatively small in scale, and only two days in duration, the project represents a major milestone in the application of the Neptune Technology into the significant military market," the company said.

The shares rose from 26c to 31c.

The price has continued to firm, closing at a record 45c today, with the options touching 28c.

Neptune also said that the "securing of the contract is considered an important breakthrough for the company in the global defence market, which has significant potential for the application of Neptune's technology, and comes significantly ahead of time in the company's commercialisation timetable".

[baglimit]

YES PORPER - IMAGINE - HMMMMMMM - WHAT ELSE CAN I SAY.

[Porper]

There must be something in the pipeline here, NMSO surging again today (up 26 % at the moment) on no news, or at least no news that we know of.The price has now more than doubled in a few weeks.

I am not complaining but whatever is about to be announced better be good because the market has obviously built it into the price, so to avoid tumbling back down it needs to be exceptional !! :walker:

[microscope]

Interesting stock this one. Why has it gone up so, why is it so?

Hard not to notice that since your initial message baglimit, on 'tsk tsk - very disappointing' 23/10, this stock has gone from about 25c to todays close at 55c. Has moved in reasonably small vols. And seems to have jumped with no great reason that I can see, maybe I'm missing something.

Maybe I'm a cynic but could have been a great ramp by baglimit and porper.
:eek:

[Porper]

Oh no, Microscope you have found us out, Baglimit & Porper are the same person.I have ramped the stock up over 100 % all by myself.I must be a very powerful person conning all these people into buying.

Damn now everybody knows the truth the price will plummet on Monday for sure, oh well all I can say is well done Microscope for being so perceptive.With people like you around how will I ever make any money :screwy:

[baglimit]

oh my dear porper have i got issue with you......
HOW DARE YOU MENTION NMS AND mul IN THE SAME POST.
WHAT A DISGUSTING COMPARISON.
SIMPLE RULE - HOW MANY TIMES HAS NMS GONE TO THE MARKET ASKING FOR MORE MONEY (A COMMON TALE AT mul) - NOT ONCE.
DONT EVER DREAM OF MENTIONING THEM IN THE SAME SENTENCE AGAIN.
OH MY DEAR, I HAVE DONE IT TOO - OH WELL TIME TO TOP MYSELF - NAH, I WONT - HAVING TOO MUCH FUN RIDING THE NMS WAVE....YEEHAH.

[Porper]

Well Baglimit my old mate, as I hold MUL, too bad I'm afraid, they will get a lot of posts from me in the near future.

Anyway you never know, lets see what percentage gain they both have by let's say mid next year, you might be surprised, if Mul can keep their promise on profits they will give NMS a run for their money, if they are a bunch of sharks as many think, could go bust of course.I must say if it wasn't for NMS and NOG my portfolio would look pretty sick, but that's the territory with penny shares, if you can manage to pick a couple of big winners you can afford some losers because we all have some despite what people would have you believe :bigthumb:

[baglimit]

"if Mul can keep their promise on profits"
ye have a little too much faith in 'that stock' me thinks.
let me know when they give out their 1st divi - i aint holding my breathe.
anyway enough about them.
twas a shame they couldnt hold 41c on the 'o's. they seem undervalued now....by about 5-8c i'd say

[Porper]

That is the trouble, I have no faith in MUL, my biggest loser by a mile.If I sell I lose 30 %, or I can keep them and hope they are telling the truth.

It won't happen again because I have stop losses in place now, still damn annoying though.I don't like feeling trapped in a share.I may bail out this week then I can forget the whole MUL experience, haven't decided yet.

Anyway this isn't the Mul thread.What I was going to say is that the options (NMSO) finished about 25 % down from their day high on Friday yet NMS stayed more or less at theirs.Very strange, and the options appear too cheap compared to the heads although I am no expert at working out the "time" value etc. I am tempted to add a few more.

That's the trouble in a Bull market, all these buy opportunities but unless I sell something I am fully invested and you can bet your bottom dollar the ones I want will go up a hell of a lot faster than the ones I have.

Still, shouldn't complain it's good that the average investor is making a bit of money at last.:santa:

[baglimit]

porper - not applying any mathematics or experience to this, but i'd say considering they have 6 years to go, the 'discount' should be in the 12-16c range (with the 20c exercise) - thats just my guess.
the discount was only 7c when i bought, but thats another story.
1 thing i will add is thankfully a number of folk i know jumped on in the 15-25c range (and 1 at 10.5 on the 'o's) and all are very happy people right now......and they aint selling - long way to go yet.

[Dwib]

Big drop in NMS (5c) and NMSO (6.5c) today as of 1pm. Has there been any bad news?

[Porper]

Dwib

No bad news that I know of, just profit taking in my opinion, it went up far too quickly, and has maybe been oversold now, who knows, certainly not me.I'll wait a while and maybe top up when the price stabilises.

We are all still waiting for the news of the contract with a company in Europe, that will either make or kill the shareprice, we shall know soon enough.I hold but have no intention selling just yet. :xyxthumbs

[baglimit]

porper and others - i am aware that the CEO is away currently, where is anyones guess, but is due back next week - and just quietly hoping (not yet assuming) he has a swag of news to tell. definite profit taking going on, considering the number of new holders about......they had their 1st news article since float in 'thewest' this week - w.a. parochials claiming all the best ipo's from this year.

[Fleeta]

Someone excercised their options in NMS...why would anyone do that when they don't expire til 2010 and it's not as though there are going to be any dividends coming soon?

Hope you are right about that announcement from the CEO...are you sure he's not just holidaying it up on all the money he's made so far?...

[baglimit]

i dont know if he's made too much money yet - the options he got a few months back were exercisable at 25c, not 20c like the rest. although they were free options - NICE

[baglimit]

an update for porper and anyone else interested - xmas mite come early, it mite not, but have you ever had 2 xmas' within weeks of each other - put the champers on ice................

[Porper]

Baglimit,

Is this some sort of cryptic clue, beacause I haven't got the faintest idea what your last post was about.:biglaugh:

I will be in England from Thursday for a month almost, with little access to a computer, so keep us all posted, hopefully when I get back it will seem like I have had 2 christmas' :boy:

[baglimit]

it wasnt too cryptic porper - you understand perfectly.
enjoy the trip - at least when you come back you'll have the credit card paid for - and still a sizeable holding !!!!!

[Fleeta]

still waiting for the big announcement baglimit...until it happens, the price will keep falling...maybe I should get out now?

[tech/a]

A technical veiw.

[baglimit]

An emotional view.

GO YOU GOOD THANG

[tech/a]

Hahahaha

[baglimit]

SO HOW MANY OF YOU OPENED YOUR PURSES TO GRAB A SMALL HANDFUL DURING THE RECENT DROP - NOT TOO MANY I'M AFRAID, LOOKING AT TURNOVER - JUDGEMENT DAY IS NIGH - and hello to porper if you are watching from the other side of the planet.

[baglimit]

NMS has that smell about it again - up 2.5c today - that announcement must be close.

[baglimit]

found this interesting little grab re:NMS - it was issued prior to their april float. will give a detailed understanding of how their technology works, then read their announcements to fully appreciate where they are going...enjoy.

http://www.marketech.com.au/Neptune%20Research%20Report.pdf

[baglimit]

Neptune Marine: Quality Dry Welding Underwater Technology Saves Time And Money
Article Dated: 13th February, 2004

http://www.marketeye.com.au/newsletter/?mid=&cobrand=marketeye&issue=46&section=feature#2


Neptune Marine, IPO currently available, has been formed to commercialise technology invented by the managing director Clive Langley that enables dry welding for ships, oil rigs, pipelines and other underwater constructions on the spot, instead of having to be either dry docked or have a major habitat created around the surface that needs to be repaired – the current alternatives both of which are very expensive in both time and money. The other alternative, wet welding, offers a poor and somewhat temporary solution.

The Neptune Marine Dry Welding System which enables a quality dry weld underwater has great potential to become the marine welding technology of choice among leading customers globally.

The boom in oil exploration and production worldwide and the squeeze on shipping caused by the commodities boom offers a particularly attractive time for a technology such as Neptune’s to make its debut. (It also endows Neptune with considerable corporate flavor for numerous other players in the industry)

The Current Squeeze

According to a broker’s report last November, the hire rates for cape size bulk vessels (100,000 tonnes) have been pushed to over $US80,000 a day against a historic average of less than $US20,000 a day.

A lack of spare ship building capacity and the rise in seaborne commodities, particularly iron ore to China has exerted a further squeeze. Iron ore, at 500 million tonnes represents close to 40 pct of all seaborne trade of bulk commodities.

Together with steam coal and coking coal the three commodities represent around 85 pct of seaborne trade.

Moreover, port constraints add to the squeeze. At Newcastle (in the UK), the number of ships queuing at any one time has exceeded 40, equating to on average a 10/12 day waiting period.

China has increased its imports by 40 pct and its exports by something like 35 pct in 2003, with shipping rates having gone through the roof, Jeremy Grantham, one of the founders of Grantham, Mayo, Van Otterloo & Co with $48 billion under management told Barron’s in November.

Meanwhile, there is a squeeze on drilling rigs, with exploration being queued and there are ever growing miles of underground pipelines to be repaired.

Size Of Market

Neptune in its prospectus says the size of the world market for ship repair services is estimated at $US4.4 billion for scheduled dry dockings in 2001 and $US600 million for voyage repair services.

The overall deepwater construction and engineering market has been forecast to grow to over $US10 billion by 2005.

Oil and Gas Underwater Pipelines

Market Equity in an independent market research report included in Neptune’s prospectus says in Europe alone in 1995 there were some 634 million cu metres of oil and oil products transported via approximately 30,000 km of pipelines. In the US there are over 20,000 miles of underwater pipeline systems which carry close to 1/4th of US natural gas production and over 15 pct of its crude oil.

Work to connect a new pipeline to an existing network in the North Sea was awarded to the Stolt Rockwater j/v (a j/v between Halliburton Subsea and Stolt Offshore) in March 2001 for a value of $US22 million.

In October 2001 the Stolt Rockwater j/v was awarded pipeline repair work on the Asgard field in Norway, valued at $US100 million.

A pipeline in China was repaired for $US8 million.

(While the shipping market is of significant size, contracts are not expected to be as lucrative, since repairs would be conducted not lower than 15 metres, and are straightforward repairs of the hull.

In the oil and gas market however, repairs may have to be conducted several hundred feet below water.

Neptune has developed a dry welding system specifically for pipelines with the welding casing moulded to different shapes depending on the diameter of the pipeline. This dry weld technology was used by Neptune to repair a pipeline in the Philippines on a job where numerous other welding techniques had failed).

Underwater Welding Technologies

Underwater welding is a necessary part of the maintenance of any metal infrastructure below water including ships, oil rigs, tanks, piers and pipelines. Problems arise with the quality of the weld, specifically hydrogen embrittlement that has the effect of very poor mechanical weld properties. This problem may be overcome but with exceptionally high costs.

The Hyperbaric Weld
Hyperbaric systems (where an entire dry chamber is created for the welding team around the area of repair) may cost in excess of $1 million to develop for just one job.
This results in a dry weld which is the preferred method for producing a quality weld. The problem is the cost.
The Wet Weld
Wet welds are well known to be of poor quality. While it has clear cost advantages both in terms of repair expenditure and time, with the welding carried out under water in a wet environment, gases are trapped within the weld and the quality of the wet weld is considerably poorer than the dry weld.
The Neptune Marine Dry Welding System
This produces a new type of weld using the proprietary technology owned by Neptune Marine.
It can be performed in the time and at a cost comparable to the cost of a wet weld but delivers the quality or better of a hyperbaric weld.
The Neptune Marine Dry Welding System mechanically locks on to the surface and pumps heated gas into it, drying it out,. The habitats range from 60cm x 30cm in size. The diver inserts the electrode into the welding housing and effects the weld in situ.
Highly Credentialled Directors

Chairman Raymond Farrier and managing director Clive Langley are highly credentialled and well known in their industry.

Neptune Marine’s non executive chairman Raymond Farrier has been involved in the diving industry for 31 years, working for major oil and gas companies throughout the world. He has specialist skills in the inspection, maintenance and repair of below water structures. His non destructive inspection qualifications in magnetic particle, ultrasonic and radiography endorsed by the classification companies Lloyds and Det Norske Veritas.

Mr Farrier was a pioneer in adapting existing surface welding inspection techniques for use underwater which form the basis of CSWIP underwater inspection qualifications, endorsed by the classification companies and used by divers around the world today.

He is currently the Australian Diving Manager for Stolt Offshore, a major global sub sea engineering organisation.

Managing director Clive Langley, the inventor of the Neptune Marine Dry Underwater Welding Technology has thirty years experience in technically advanced welding projects around the world. His experience includes working in the light, medium and heavy engineering sectors, oil and gas, offshore and onshore, power generation, mining and defence, on the Collins Class submarines and ANZAC frigates.

He is currently CEO of XLT Industrial Training Pty Ltd, a metals/mining/construction training company whose personnel will fulfill orders received.

Plan Of Work And Patent Protection

At this stage Neptune Marine does not plan a major manufacturing operation.

It plans to continue to manufacture units in-house, as it has been doing for some years, using staff from Clive Langley’s metals/mining construction training company XLT Industrial Training Pty Ltd to fulfill orders.

There are currently two divers available to Neptune that have been trained in the Neptune Marine Dry Welding System and others are being trained..

(Several orders were obtained and filled using the technology now within Neptune, before Mr Langley decided to go public).

The Neptune equipment has been accepted or approved for use by prominent international shipping and certification societies including the American Bureau of Shipping.

Neptune Marine has patent applications in Australia, Europe and the US.

Neptune Financials

Float price 20 cents
Shares on Issue 30.0m, 17.4m escrowed
Options on Issue 24.6m, 18.3m escrowed
The Company is a new startup without financial history.
The pro-forma Balance Sheet has $2.4m cash with net tangible assets of $2.4m or 8 cents per share undiluted.
A prospectus can be downloaded from www.neptuneunderwaterwelding.com.au

There is no broker to the issue. A 6 per cent commission on the amount subscribed and accepted by the company in respect of all applications is payable to brokers.

Directors:

Raymond Farrier, non executive chairman, involved in the diving industry for 31 years.
Clive Langley, MD, inventor of the Neptune Marine Dry Underwater Welding Technology, with 30 years experience in technically advanced welding projects throughout the world.
Andrew Harrison marketing director has significant experience in the industrial services sector, most recently management consultant for Chubb Australasia.
Ms Cathryn Curtin, non executive director, a trained psychologist, has held senior positions within both private and government sectors.
Blair Sergeant, company secretary, a partner with accounting firm Anthony Ho & Associates.
Major Shareholders:

Clive Langley will have roughly 17.7 pct after the issue

[tech/a]

Just a review of the technicals some maybe interested

[baglimit]

tech - volumes will never increase unless it becomes a day trade (when the ann comes thru) or the directors dump - not likely. small parcels now dominate the stock, except for a few souls who got in prior to october.
today was another nice day for no reason - but that ann is due very soon.
which brings me to ask - are you in ??

[tech/a]

No.

Im on Holidays.

Secondly it doesnt fit with my trading methodology.

However thanks to you guys :iagree: (With some of your selections)Ive decided to trade a reasonable amount in short term discretionary trading methodology along the lines of that which Im writing about on the "profitable" thread.

Being discretionary I wont be able to code and therefore test to the "Nth" degree my chosen methodology.It will vary from trade to trade.
There will be some FIXED knowns.

Parcel size $5K as liquidity could be a problem--- where its not $10K

Number of trades running at one time 2 max---couldnt track anymore even with a ticker on my desk---I have a Company to run!

Stop no more than 10% of initial purchase price---I expect to be stopped regularly but also expect that if I choose a stock to trade its going to move in my direction immediately---if it doesnt then Im wrong (At the time).

For exit Im seriously thinking of OPTIMISING a number of exit methodologies (ATR,EMA,Parabolic) for each individual stock,but that will be dependant on the magnitude of the move over what period.Parabolic moves come down as fast as they rise so you need to constantly monitor.

Sorry waffling

tech

[baglimit]

excuse me for asking tech - i think ive just figured you out - you are in the stock market for the money, correct ? - i do realise this little coy may not fit in with the normal way of things, but i guess when dealing with new technology and trying to market it to its target audience, the normal way is irrelevant. just enjoy the ride, and i hope you, we, all of us come out on top. (of course those of us who got in REAL EARLY and hang around long term are set to gain most - oops could be ramping here)

[Tric]

just love your persistance baglimit...
if NMS where a band, you would have to be their most prized groupie. :beat:


happy new year!
cheers
:)

[baglimit]

check this out for persistence - 'tis a shame the january comp will be over within a week or two !!!!!!!'

[Tric]

lol,
I have to laugh, the irony is that I have 4 of my holdings in the comp and yes nms is one (+ soo, zyl, skw) so it's all very interesting.
Although, I don't really know what I will be holding by the end of jan.
cheers to you baglimint

[baglimit]

AND A BIG WELCOME BACK TO PORPER - sorry i havent made you a millionaire yet, but ohhhhh its so close, you can almost taste it. the latest as i understand it is the deal is with a subsidiary of that 'danish' company, is in the order of 7 figures, and is a licence to use the technology.
and for anyone wanting proof, i have none, but the sources are good.

[Porper]

Happy new year to everyone and I hope it is a very prosperous one.I think we are all in the correct forum to achieve what we all want.........to make money and enjoy trading/investing.

Thanks for the update Baglimit, maybe not a millionaire yet but since I have been away Neptune have still gone in the right direction, and hopefully when that announcement comes, due to the small amount of shares on issue she should fly.My opinion only of course and this is assuming the announcement is very good. :xyxthumbs

[Porper]

very quiet on the NMS front at the moment, no volume at all today, and she is slowly edging into a downtrend.

We need the announcement soon, if not I fear the price could have a big re-trace.Could even be an argument to take profits and maybe re-enter later.

[baglimit]

dear porper and anyone else concerned - the 2nd qtr report is due friday or monday - and soon followed by a little thing called an announcement. if u r gonna go out and back in, be REAL QUICK

[Porper]

A pretty bullish announcement yesterday, but as yet nothing concrete as regards deals, they do talk a good talk though.

Holding a very nice profit at the moment, decisions-decisions.

[baglimit]

hold on to your hat porper - the fun is about to begin

[baglimit]

as most of you will notice, last fridays announcement has triggered a few more trades, and all in an upward direction. IMHO nmso is still undervalued at 37.5, compared to nms at 56. volumes remain low, but i have given reason for that. as for that announcement, the 'sources' continue to tell me 'its oh so close'. but when, oh when. on jan 31 would be handy, so i could win that tipping comp. hang in there folks - IF YOU BUILD (them up) THEY WILL COME.

[tech/a]

Just a chart update from here to now

http://www.aussiestockforums.com/forums/showthread.php?t=661&page=4&pp=10

[baglimit]

WELL IF NO ONE ELSE IS GOING TO COMMENT, I MAY AS WELL WILL - NICE RISE TODAY - IN THE PAST HAS BEEN A LEAD INTO AN ANNOUNCEMENT.
WATCH THIS CLOSELY NEXT FEW DAYS.

[Porper]

Very interesting that this stock is rising so much on no news.Even got the ASX asking them why, of course they no nothing.

Not complaining, my best performer, so when are we going to get that announcement out ?

It is going up on pure speculation at the moment------- or maybe something has been leaked, let's face it it would be the norm nowadays.:biglaugh:

[Porper]

A bit strange, the head shares went up 5 (over 9%) and the options went down 4.I'm afraid the market still baffles me at times.

[baglimit]

porper - your question is very easily explained - the nmso's are very tightly held by a bunch of 'believers' and the shares are being traded by the 'wannabes' and 'trying to be wannabes'. (CHECK THE NUMBERS TRADED PER TRADE) ultimately the options will be more volatile with so few changing hands (between 15-25c diff to NMS). as i keep saying to you, sit back and enjoy the ride - IT IS STILL IN ITS INFANCY - MUCH MORE FUN TO COME. i wonder what the poor people are doing ?????

[baglimit]

oh tech, can i have another graph please - they look so impressive !!!!

[doctorj]

As requested. Without the usual tech analysis, but it's pretty self explainatory. Decent volume on break.

[baglimit]

and a big MOOOOOOOOOO to you too dr j - did a little reminiscing on the 'tsk tsk' thread - fleeta & porper bought in mid nov - anyone else out there hold NMS ??
i certainly am encouraged by todays 'new issue' of 200K options to their new marketing manager - at 72c exercise price.....at current price of 64c he has a way to go prior to getting any serious value - but just maybe, on current trends, his value may not be too far away - and yes, im ramping again - but who could blame me.

[Fleeta]

The funny thing is - I bought in at 27c and 2 days later the price was 23c and I very nearly sold out. I was thinking why am I listening to some ramping idiot on an Internet forum. I don't know why I trusted you, but it certainly has paid off! Thanks, and I hope you are right about the price continuing upwards. This is NEVER one I would pick myself - no earnings history, no dividend prospects - but I guess that's why I'm on this forum - to open my eyes to some other views.

[baglimit]

"I very nearly sold out. I was thinking why am I listening to some ramping idiot on an Internet forum. I don't know why I trusted you, but it certainly has paid off! Thanks"

i think this is a compliment, but to be honest im not to sure - anyway as long as you are happy, and making money - thats the main thing.
hangon, if you are making money, and i am being defamed here, i can take you to the cleaners - RING MY LAWYERS !!!!

[baglimit]

everyone watching nms today - this one just wont sleep - got past the asx speeding ticket and still rolling along - any thoughts ??

[Porper]

everyone watching nms today - this one just wont sleep - got past the asx speeding ticket and still rolling along - any thoughts ??

I think the speeding ticket dished out a couple of days ago has actually helped the share price.People were hoping for an announcement soon, now NMS cannot do anything apart from lay low for a while so people have relaxed a bit, maybe the expected announcement will have to wait a few weeks.

Having said that, I am still in a state of shock, it wasn't long since you brought NMS to everyones attention, a couple of months later the options at least are up nearly 150 %.:boy:

[baglimit]

oh hello there porper - still in a state of shock hey - 150% not enough for ya hey - if u remember (no doubt you do) my original 'ramp' was after i'd already made 200% or so - i got on here (when i found its existence) telling one & all have a look, do some research, and consider - got slammed by the resident self appointed 'brownshirts' - and in the meantime you & fleeta have made some cash - which was my intention - to share the love.
remember this porper, there is STILL more to come - do not even consider selling. i did get some news that the delay was simply due to trying to maximise the deal prior to release. also the expo in singapore in march they are very very keen in attending - already some enquiries.

[Fleeta]

70c!!!!!!!!!!!! Baglimit, I will share the love with you man, you are my hero! I wish I could repay the favour, but instead i'll just wish you all the luck in the world, you deserve it - and hopefully NMS will continue to pay for all of my holidays.

[baglimit]

easy fleeta easy - when i said 'share the luv' i didnt mean for it to be this close - i am happy you have made some cash, but dont turn this into anything weird....not that theres anything wrong with that !!!!
MIND YOU, 70c FOR NMS & 50c FOR NMSO IS WORTH CELEBRATING......but maybe tone it down just a little huh.

[Fleeta]

ha ha, just messing with you Baglimit. Sorry about that.

Since when do you say 'tone it down', you are the king of the overstatement!

[baglimit]

"Since when do you say 'tone it down', you are the king of the overstatement!"

and since when has this troubled you - ok next time i get news of an ipo thats really worth jumping on i'll just place a quite word in here, amongst a mountain of other dribble, and you can sleep thru it.

since when is a rise of 30c to 70c within 6 months not worthy of an overstatement. get with the programme fleeta - and in march i want you to commit yaself NOT TO TRY TO PINCH NMS OF ME - ITS ALWAYS MINE BY DEFAULT OK.

enjoy the profits - only if you ever feel comfortable enough to take them - you might just miss out on more.

[baglimit]

is the feb comp over yet ??

[stockgod]

Dont count your chickens too early. Profit takers coming in.

[baglimit]

ooooo - profit takers - even with no announcement - i'll worry about the profit takers after the post announcement trading - till then my chooks are multiplying - bought nmso at 6c - so chooks are well fed.

[Porper]

NMSO up 36% today, they don't seem to know when to stop.The announcement has got to be partly if not fully built into the price now, it will take some extremely good news to push up from here imo.

Not trying to dampen anyones excitement, I am as pleased as you baglimit but not many stocks do what NMS have done and carry on doing it.A big :xyxthumbs from me.

[Fleeta]

Baglimit, i'm not troubled by your enthusiasm, I enjoy it. As for the stock tipping comp, there are still a lot of days left in February and to be honest, I want you to win because I have more in NMS than I have in TNE.

I won't steal it from you I promise.

Hope NMS continues to surge.

Thanks for the tip. I am with the programme cos I listened. You were right to talk it up.

[baglimit]

porper - "it will take some extremely good news to push up from here imo" - and thats the point - theres STILL more to come - you have ya handful - now sit back and enjoy.
fleeta - "I won't steal it from you I promise" - and i'll hold ya to that.

due to the lack of announcement and media coverage, i must assume, like others, they are now ready to announce. hold on to ya hats folks.

[stockgod]

stock comp has now been blown right open. As i said b4 baglimit, dont count your chickens b4 they hatch.

[baglimit]

surely a few cents in one day aint gonna hurt - and i must say it recovered beautifully - anyone out there panic this morning ??

[Porper]

No panic Baglimit, pity I was at work and missed all the action, I intend accumulating these so it would have been nice to get some cheaper, still there will be more chances.:)

It is impossible for any share that has had such a prolific run not to re-trace and fill a few gaps now and then.I remain very positive for long sustained growth.

[Porper]

Well,

I've just bought some more NMSO, not quite for 0.18 like a few months ago but still, I can only hope these don't go pair shaped now, as I have gone against all my principles and heavily loaded myself with these.Fingers crossed.:)

[Porper]

The Board of Neptune Marine Services Limited is pleased to announce that the Company
and Marketech Pty Ltd have arranged the placement of 2.4 million ordinary fully paid shares
in the Company at an issue price of $0.65 per share to raise $1.56 million. The placement
has been made pursuant to the provisions of section 708 of the Corporations Act 2001.
The shares, which have been placed with private investor clients of Marketech Pty Ltd (AFSL
230014), will rank pari passu with all other existing ordinary shares of the Company.
The funds raised will be principally applied to funding the working capital requirements
associated with the Company’s rapid expansion, which is progressing well ahead of original
expectations. These requirements include investment in both human and financial resources
required to meet anticipated demand. Funding is predominantly required on two main fronts,
being establishment costs for Overseas Licensing arrangements, and preliminary work on
potential Australian Projects.
The Board believes the placement strategically positions the Company to enable it to
capitalise on significant opportunities that exist both at home and abroad for the Neptune
Technology.
Authorised by:
Andrew Harrison
Managing Director

Well,

I must say this was very unexpected and out of the blue.

Let's see what happens to the shareprice tomorrow.Down, down and further down no doubt.You would think that if a announcement about a contract was coming they would have announced that first, got the price up and then set the placement.Maybe just me, but it looks negative to me.I'll see what happens tomorrow before bailing out.I wouldn't mind but I've just bought some more.

[baglimit]

tell me about porper - NOT GOOD - AND NOT HAPPY. all the info i was getting was everything but, now they go and dilute the holding - what is their big idea - its not as if they are burning cash - gooses - whats next dare i ask - i might just have to dump and say thanks for the ride - has been fun - watch out wednesday morning - doom and gloom time.

[Jay-684]

do you think the share price will simply correct to facilitate the extra supply in the market, or is this something that will take a while for NMS to recover from?

You seemed positive overall about the condition of the company baglimit, so do you think there will still be some value left after the probable drop tomorrow?

[Jay-684]

NMS sp doesn't seem to have been affected by the influx of new shares onto the market. Its a shame for me, cos I sold out at 80c this morning thinking I'd be able to buy back in later this week for a discount.

Does the NMS share price still have more value in it?

[Porper]

NMS sp doesn't seem to have been affected by the influx of new shares onto the market. Its a shame for me, cos I sold out at 80c this morning thinking I'd be able to buy back in later this week for a discount.

Does the NMS share price still have more value in it?

That's the 6 million dollar question, if and it is a big if, these good announcements ever materialise then it will be cheap now compared to a few months time.Let's remember that this deal with a Danish company was imminent a few months ago and we have heard nothing since apart from last nights little announcement.

I have no idea whether management is dodgy or not, if they are not and they are telling the truth then I am very happy (NMSO's even went up 4 today which was amazing in itself).I just hope they are genuine and then she will fly this year.

My opinion only and I am still building my holdings.:xyxthumbs

[Jay-684]

damnit, I spose i still made a 25% profit in a little under 2 weeks, so not too shabby.

I'll see what happens over the next 2 days and may buy in again at a later date

[Fleeta]

Can you believe this stock just hit $1???? WHY??? I don't get it...i'm happy to go along for the ride, but sooner or later i'm going to have to get out cos I can't justify $1.

[baglimit]

fleeta - can you justify $1.20, or $1.50, maybe $2 - look if you cant justify it, get out, but dont cry when you aint holding at $5....oops im ramping.
p.s. - you'll love my tip for next month............

[The Barbarian Investor]

Would it be NMS again :rolleyes:

Where is the ceiling for this stock baglimit ??

It reminds me of the 'little engine who thought it could'

[markrmau]

Just looking trendwise, it looks like nms will whip cse's **** in the stock comp (unless cse announces some new good results). However, just as a note of caution, you have to ask "is the current stock price really appropriate for a company in this stage of development?"

What is basically being banked on is this new way of underwater welding is so revolutionary that everyone will be using it (if this is so, the share price could run to $25-$100 or so - completely guessing here of course).

The question is, is this the case? I don't know - I know that underwater welding has been done for some time, but don't know what nms is doing differently. Maybe it does provide a far cheaper, more reliable, safer weld.

I only say this as a matter of discussion - please don't see this as sour grapes over nms's continued success - 3 months? go figure and congrats to baglimit over your nmso. Whish I picked up a few.

Any comment?

[The Barbarian Investor]

baglimit NMS 0.810 1.450 0.640 79.01

C'Mon Baglimit this is Ridiculous :eek: :eek: :eek:

I to wish i got in (though i would've sold out by now also) geez are you on the inside at NMS ??

Great job

[woywoy]

C'mon baglimit, you must know someone on the inside.... I wanna know who it is ... I wanna know now!!!!!!!!! tell me tell me tell me........

Wild ride for NMS today... Wonder what happened... Hope they will stabilize around the current price until the ann comes.

[son of baglimit]

only posting to get it back on the front page - sorry joe

[Joe Blow]

only posting to get it back on the front page - sorry joe
Come on baglimit... you know the rules. No bumping threads unless you have something new/interesting/relevent to add.

I'll let it slide this time just so I can lecture others about the evils of bumping threads unjustifiably.

Next time I hit the delete button. :p:

[son of baglimit]

oh thank you joe - hey i never asked, did you get to donate the feb prize to the tsunami appeal ?

[Joe Blow]

oh thank you joe - hey i never asked, did you get to donate the feb prize to the tsunami appeal ?
Yes I did... your donation was gratefully received.

:)

[son of baglimit]

i must say what amuses me currently is the amount of other 'rooms' around NOW talking about this stock - just cos its grown 2000% since i jumped on - yes repeat 2000% - gee couldnt get a sniff of a response 6 months ago - funny how money motivates...........

[blake]

hey first post here - just got interested in the trading - got into nms at 80c and was wondering what the opinion was on exiting. Ive heard murmers of it being a $5+ stock one day but its really tempting to exit at 100% profit
any thoughts?

[son of baglimit]

blake - if 100% is satisfactory, take it - if not, keep holding - as long as you have researched it, check the 2 NMS forums for info, that may help you decide

[Porper]

Didn't realise the forum was up and running again guys.

I have been itching to get on to talk about NMS'S rise but after todays and yesterdays plunge, not so sure now.

All in perspective though, we were dreaming only a few weeks ago about it getting to a dollar, now even after the recent plunge it is still way over that.A few stop losses activated, plus it had risen far to quickly, had to retrace before the next rise.

No way am I selling, still up over 100 % so will stick it in the long term draw and see what develops.The potential is still there for a huge increase although of course as we all know, huge potential usually means huge risk.

I am still very happy and excited holding, if you don't like the huge swings in both directions don't buy NMS.:bigthumb:

[Joe Blow]

Didn't realise the forum was up and running again guys.

I was beginning to wonder where you had gotten to.

:rolleyes:

[Porper]

I was beginning to wonder where you had gotten to.

:rolleyes:

Not sure what has happened Joe but I have checked every night this week and all I got was the "forum is being upgraded" message, up until this evening that is.Very strange.

Maybe the work of the devil :2evil:

[Joe Blow]

Not sure what has happened Joe but I have checked every night this week and all I got was the "forum is being upgraded" message, up until this evening that is.Very strange.

Maybe the work of the devil :2evil:

Well good to see you back! :bekloppt:

Now you have a bunch of new threads to read. Have fun! :D

[Jay-684]

any ideas on the reason for the plummet in NMS SP lately? Dropped to close at 90c today. I'm no longer in it, sold at 80c, but have been following it to see what profits I lost out on.

[Porper]

any ideas on the reason for the plummet in NMS SP lately? Dropped to close at 90c today. I'm no longer in it, sold at 80c, but have been following it to see what profits I lost out on.

Hello Jay

I also sold the last of my options on Friday, I was sick of seeing my profit slide, so locked a bit in.

As to the reason, I believe the share price got way ahead of itself, all on hype and promised announcements, which incidentally were promised by management in December last year, it is now April and as yet nothing.Also when you have a speccie like NMS in a raging Bull market leaping forward, when the market does turn, these stocks come crashing down back to earth.That's my opinion anyway.

There could be good gains to be had when it recovers a bit, a quick 30 % or so to be had in a short timeframe, time will tell.:dunno:

[Jay-684]

hmm, so maybe a possibility of a opportunity to re-enter... if only I had spare cash to do so :(

[Porper]

hmm, so maybe a possibility of a opportunity to re-enter... if only I had spare cash to do so :(

It will bounce at some stage, but I would be careful just diving in yet, even though maybe the perception is that they are cheap now.I will definately wait until the price settles and almost certainly wait for the "announcements" that were due in december. :D

[canny]

any ideas on the reason for the plummet in NMS SP lately? Dropped to close at 90c today. I'm no longer in it, sold at 80c, but have been following it to see what profits I lost out on.

Jay, If you are a chartist, you will see the gap left on 2nd to 3rd of March from 94 to 95 cents.
As soon as I saw that gap closed, I was a lot more confident that we can now go ahead steadily. I bought today, below the 94c gap - and am happy to tuck them away as a mid term holding.
It all sounds brilliant, so let's hope it goes as planned.

Porper - well done on BOC so far. My NEO pick is designed to come in by months end - you've just taken an early bolt!!!!

[Jay-684]

dropping like a stone! down to 67.5cps now, down 17% for today

obviously this lack of announcements has really started to test peoples patience

[Porper]

dropping like a stone! down to 67.5cps now, down 17% for today

obviously this lack of announcements has really started to test peoples patience

I don't hold NMS anymore, but thought I'd post a chart as I hopefully will get on for the bounce on this one.Which doesn't seem on the cards yet, but it is so volatile now, who knows.

Note the descending triangle which has now broken through the support line (this chart is yesterdays close), so doesn't look to hot at the moment.Don't take my chart to seriously as I am pretty new to charting.:newbie:

[el_ninj0]

This chart reminds me of MGX, I think this one has reached its bottom for a while though. Should level off at about 70-75c i think.

[Porper]

This chart reminds me of MGX, I think this one has reached its bottom for a while though. Should level off at about 70-75c i think.

Ninjo,

Well it closed at 0.69 today, so why do you think it will rebound from here (using the charts), or is your thinking on fundamentals ?.Do you hold NMS ?.

[el_ninj0]

Ninjo,

Well it closed at 0.69 today, so why do you think it will rebound from here (using the charts), or is your thinking on fundamentals ?.Do you hold NMS ?.

I dont hold any myself porper, but ive been watching it a while like most of us here. I am thinking on fundementals, my speculation of 70-75c is purely based on the way the charts look at the moment. It has stability at around the current price range, but you never know. The slowing economy may push it down further as has happend with other stocks, such as MGX, and AZR, which both have similar charts to NMS.

[son of baglimit]

hello porper - out of nms i see - me too - got out as my target of $1.20 was broached, and truly think anything above that was pure speculation. i am considering getting back in soon, but waiting till the lemmings have cried and dropped their bundles - nmso of 40c is about the right target, and time to load up again - it will come good, but might take a little longer than expected.
i hope you enjoyed the ride and find something else soon to play - taken a serious look at HSN before ???

[Jay-684]

up to 82c now, so as your said porper, very volatile right now!

[daaussie]

Hi I have been following the stock for a while now and since peaking at $1.60 earlier this year, it has gone lower but is currently undergoing an upward trend based on yesterday's announcement of a successful outcome in repair of the Royal Australian naval Vessel. In my opinion this will lead too significant overseas interest from the US and Euro military for repair of naval vessels, not to mention underwater pipelines etc. So in my opinion I am quite surprised that this stock has not immediately sprung back to $1.60, or maybe it will? Any comments or opinions about this stock?

;)

[son of baglimit]

hey da - what u doing over here - u sick of comchat too - ive been ramping nms on here for months - check old threads 'nms' & 'tsk tsk' - much to some peoples angst - but as you'll read some got on early enough to take advantage....have fun

[daaussie]

Hi Baglimit. Hi there. Great to hear from you. What's your punt on the highest price for NMS for the month of May??!!

After writing this post, there was an announcement and the price went up to $1.34.. :()

go NMS go go go

if you want to email me daaussie@Yahoo.com

[Porper]

After writing this post, there was an announcement and the price went up to $1.34.. :()

go NMS go go go



Maybe I've been taking to many drugs today, but my info gives me NMS finishing at $1.14 (-12).Where do you get $1.34 from ?

Also the announcement was only about appointing a non executive director
:confused:

[daaussie]

Hi Porper, thanks for your questions.

Questions 1:the announcement was only about appointing a non executive director

There were two announcements on 26th and 27th April 05 being
(1) Landmark completion of repeat military contract
(2) Signs 11 Country Agreement in Asia

The first was very significant because it is proof that the NMS novel welding technique again works effectively as previously disclosed by NMS, and also that a second party (The Australian Navy) has faith and contracted them to do the job.

The second is significant because an overseas party has faith in NMS and has signed an agreement with them, this overseas party has commercial links and networks to a large number of major countries within the asia specific region. Obviously this allows easy marketing of the product in these countries, and greater exposure. Greater exposure means potentially more work and more dollars in my opinion - good for us investors.

I think they also have patent rights protecting their novel product, potentially reducing competitors from taking a slice of the action.

NMS STOCK PRICE?

After the second announcment on 27th April 2005, the highest price that NMS went to was $1.34. In view of the above, i expected more, but perhaps its the share market overall thats doing this, and not the stock. In my humble opinion NMS has great potential to deliver substantial returns.

GOod luck porper and stay off the drugs, its not good for investing...

[Mr_GQ]

Not a good start to the morning, Hopefully it will pick up durning the day!!!!

[Porper]

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.

[daaussie]

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 :)

[markrmau]

Please look at the chart for FCN.

[Porper]

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:

[Porper]

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.

[Porper]

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:

[son of baglimit]

hey porper - how about one for nmso so i can bask in its glory

[Porper]

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.:bigthumb:

[Dreamer]

Anyone here still holding NMS?

[son of baglimit]

nms has now been registered as a dog - enuff said

[markrmau]

I don't hold this one, but I think the latest release is promising. If they are in with Kellog Root & Brown ....

[son of baglimit]

KBR was the chief contractor in the 1st job - keep up their cash flow i expect - but they just aint delivering as promised.

[Dreamer]

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?

[son of baglimit]

as u can probably guess ive given up on them. history does show that price rises precede announcements - follow the money i guess.

[son of baglimit]

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.

[Porper]

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.

:bigthumb:

[Fleeta]

Baglimit, the directors have amended the annual report and taken out the comment. What a stuff up!!

[Dreamer]

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.

[Porper]

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:

[Dreamer]

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

[Porper]

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

Dreamer, who knows with NMS where it will all finish.

I like to keep an eye on them as they were almost my first buy for 15 years and certainly my biggest winner to date.

However, just take a look at the downtrend, rarely will you see one as pronounced.Well, ok, slight exaggeration but it doesn't look good.

NMS took a dive today and on good volume for them which is another signal to me to stay clear for now.Of course the bottom must be near, but why guess when there can be good profits to be had in safer companies.

Anybody that buys now is very brave and bottom picking imo. :eek:

[Dreamer]

Something is happening today. Price already up 12% with no announcement.
Im in, anyone else?

[Dreamer]

Up 30% now, on good volume.
Still no announcement.
I reckon they will get a please explain from ASIC shortly, ;)

[son of baglimit]

now come on dreamer - its not like nms mgmt to keep quiet on news while their freinds buy up, IS IT ???

you better believe theres something in the air - where r u porper & fleeta ??

[Fleeta]

Got back in at 48c last week - you better be right baglimit. I'm sure it will be another case of buy the rumour sell the fact here. Will offload as soon as anything is announced.

[Kauri]

Yep, I've taken a small nibble today but will also bail out at the first sign of retracing. Has had similar gains on the last three positive announcements but has failed to hold onto them.

[Fleeta]

Unfortunately, this wasn't a good announcement. Unstable management - i'm staying away from this from now on...Porper is on the money, I think.

[Porper]

Unfortunately, this wasn't a good announcement. Unstable management - i'm staying away from this from now on...Porper is on the money, I think.


If you take what they have done on face value, basically they are saying the company is doing badly and needs a change of direction/leadership.I really would not go near them now, I think a lot of investors will be looking to get out at every spike.Maybe wrong but without a positive announcement (which in my view this wasn't) I can see them drifting down on lack of news.

It seems to me all these promised deals have not happened nor will they happen shortly.

The're bound to surge to a dollar now.:eek7:

[son of baglimit]

what foresight you have porper - interesting little moves yesterday - hmmmm - ceo news due any day now.

[Dreamer]

I guess the announcement made on the 19th of Jan regarding the Oil and Gas pipeline repair contract in the Cocos Islands is the news that sent the price up in Mid December.

Its time to buckle up for another ride. :D

[son of baglimit]

geee - what good timing - bumping up the NMS thread just as it starts to surge - who'd have guessed......hey dreamer - "luna park - just for fun"

[Dreamer]

geee - what good timing - bumping up the NMS thread just as it starts to surge - who'd have guessed......hey dreamer - "luna park - just for fun"
Today was fun :)

Neptune Underwater Painting? Thats gotta open a few more doors.

Should be a good couple of weeks with possible CEO and positive Half Yearly report announcements to be made.

[son of baglimit]

very true dreamer - a new ceo (what a good stock code that makes), yes the next qtr report, and who knows what else !!!!!!!!!!!!

hmmmm - wonder what the poor people are doing ???

[Fleeta]

The poor people are buying CEO baglimit...it looks like a donkey to me!

I still don't know about the half year announcement being good, surely NMS isn't profitable just yet.

[son of baglimit]

good to hear from ya fleeta - hope you are holding both - between now & jan 31 might be fun....hows the trip ?

[Fleeta]

Trip is going very well, have adapted to the very cold temperatures (close to zero this week, but no snow where I am). England is a very expensive country but I am determined to see as much of it as I can so I hope you are right about CEO!

Enjoying the updates from this forum, beats reading the nagging boring English tabloids!

[son of baglimit]

will you relax about CEO - believe me i am more excited about CEO right now than i am about NMS, even with todays developments and those supposed to come. looking forward to the affiliate count in the qtrly report.
p.s. anything in the press there about my fxj post ?

[son of baglimit]

quarterly report out today (obviously) - im expecting it includes the new ceo as well - theres confidence it will be a good announcement - let the fun begin

[Dreamer]

quarterly report out today (obviously) - im expecting it includes the new ceo as well - theres confidence it will be a good announcement - let the fun begin
Judging by the markets response this morning, you are right about there being confidence in it being a good announcement.
Up 15% this morning.
Is just shy of 100% in 2 weeks :D

[son of baglimit]

LET ME SEE - this thread bumped on the morning of the 24th, that morning opened 52c - now 84c - porper & fleeta - did you get back on ?????

[Fleeta]

Yeah, I always kept some...the price is back above where I sold the first lot, so happy I did keep them. Outstanding run that's for sure. Last time the run ended at $1.50. Where will it end this time? Hopefully above it's last peak.

[son of baglimit]

hey fleeta - hope nms is keeping ya warm - on the target this time - one word - BLUESKY.....or should that read BLUEWATER

[Porper]

Be careful boys and girls, it went up on hype last time.I think it could retrace sharply at anytime.Only my opinion, and I definitely wont be buying in.:)

[son of baglimit]

porper the party pooper - luv the new ceo

[son of baglimit]

intersting move by a director - one a. harrison we assume, to have exercised his options 4 months out from expiry - @ 25c each - puts nearly half a million into nms - why is he exercising ? - hmmmmmmmmm

probably explains the 9.5c jump....but why ?

[Dreamer]

Could the reason be that he can now slowly offload some of his shares during the coming weeks, when NMS goes through the roof, and not flood the market too much?

[son of baglimit]

or maybe NMS have allowed him to leave and concentrate on that next big thing - CEO - i guess we'll see.

[son of baglimit]

obviously nms has now returned to more realistic levels after the presumed dumping by a.harrison last week - now we await the result of their strategic plan, put together by their latest recruits - lange & agostini......or is there something else in the cracked pipeline .... hmmmmmmmmm

[Fleeta]

What are you saying mate...is the ship sinking?

[son of baglimit]

on the contrary.............

[Dreamer]

What are you saying mate...is the ship sinking?
By the sounds of it, yes, the ship was sinking.....until Neptune came to the rescue. :D

[son of baglimit]

last ann was a very nice advert for their technology - especially the convenience provided to the shipowners.

me thinks somethings brewing......and it dont smell like coffee.
i would have expected something from that asian deal by now.
did anyone ever find out who was the recipient of their work on cocos ?

[son of baglimit]

The North Korean freighter used to smuggle heroin into Australia three years ago now rests on the ocean's bottom, destroyed by a pair of laser-guided bombs



ANOTHER JOB FOR NMS

[son of baglimit]

http://www.defence.gov.au/dmo/news/ontarget/mar06/inn.cfm


In a world first, Neptune Marine has successfully painted sections of a Collins Class Submarine without dry docking the platform, making innovative use of their underwater welding housing to create a dry environment to paint below water.


The contract involved painting the surface areas of a Collins Class Submarine where it had rested on blocks in a ship lift during a prior dry dock painting, hence remaining unpainted.

Environmental constraints ruled out using an underwater paint to coat these unpainted surface areas and dry docking the submarines for a second time was an expensive solution that lead Defence Materiel Organisation (DMO) to brainstorm other innovative alternatives.

DMO Centre for Maritime Engineering, Assistant Director Engineering Hugh Hyland came up with the solution.

Neptune Marine Services Business Development Officer, Grant Mackenzie said Mr Hyland remembered that Neptune Marine had been involved in a previous underwater welding project. He called us to see if our technology could be adapted to paint underwater.

Neptune Marine Services has patented underwater welding technology that applies an approved permanent weld, equal to dry weld standards. Achieving welds to the American Welding Society 3.6 Class A code, previously only possible in a dry welding environment

The Neptune system incorporates a housing that fully encloses and isolates the heat affected zone from the surrounding environment.

Water is purged from the housing before superheated argon gas is delivered into the habitat to provide a completely controllable environment around the immediate weld area.

The Neptune, Collins Class, paint job involved reconfiguring their welding housing equipment to suit a paint applicator.

Mr Mackenzie said adapting the housing enabled Neptune to apply the paint without lifting the vessel and without any risk to marine life through paint spillage.

‘Essentially, our housing was fitted to the area that required painting and the area was flushed of water and dried before a coat of paint was applied by a diver.

‘Once the first coat of paint was applied we left the habitat over the surface for the paint to dry and moved on to clean another surface area that required painting.

‘A second coat was applied to the initial area with the habitat remaining over this surface until it was dry. The divers then removed it and moved on to the next area they had prepared between coats,' he said.

Mr Mackenzie said Neptune did not want to be seen as just an underwater welding company.

‘We wanted to be seen as a solution provider so we decided to take the challenge of adapting our technology for the painting process.

‘The hull painting was completed successfully without the cost of lifting and moving the vessel which proved to be far greater than the cost involved using our system.

‘The project gave our company the opportunity to expand our product. We were in the water for three days painting the designated surface areas. The adaptation was such a success that our divers completed additional paintwork not specified in the contract at no charge to Defence.

‘We plan to explore other potential adaptive uses for our housing. To me fiberglass work would be the next logical step. We also want to explore working deeper and covering larger surface areas with the current welding technology,’ Mr Mackenzie said.

[son of baglimit]

just a thought - last time nms held a meeting to approve giving options (june 2004), they followed up with their very first contract - i remember thinking 'why hold a meeting just to approve options - very strange - must be something else happening?' and so i bought in.

HISTORY NEVER REPEATS ??

[son of baglimit]

SOME NEWS FOR THE TRUE BELIEVERS OUT THERE - AND FOR THE UNITIATED, ITS A DAMN GOOD READ.


http://www.neptuneunderwaterwelding.com.au/news.php?id=325

[son of baglimit]

hmmm - the taxi driver has stopped driving this week - says he's too busy trading - wonder why ? - hmmmm

[son of baglimit]

NOW I KNOW WHY - TODAY AT 11.30 - AUDIO PRESENTATION

http://www.boardroomradio.com/templates/calendar.jsp

GO TO TODAY - APRIL 19 - CLICK ON NMS - THATS IT

[son of baglimit]

Transcript Boardroom Radio Interview 19th April 2006
Transcript Boardroom-Radio Interview with

Christian Lange , Managing Director

Wed 19th April

11.30am EST


1. Today you have announced a Strategy for Growth, can you summarise the key elements of this strategy?

Firstly, the strategic blueprint for Neptune Marine Service’s future has been approved by the Board. The Strategy encompasses four (4) main elements –

1. Neptune will broaden the service capabilities that we deliver to the Defence, Merchant Marine and Marine Infrastructure sectors.

2. Actively target business development within the oil & gas industry here domestically.

3. Expansion of the ‘Nepsys’ dry underwater welding technology to those markets in Asia and North America where the technology has a high degree of applicability and the infrastructure to support our entry. Once again, our primary focus will be on oil & gas, the final element be that the company will -

4. Continue to develop and the capability of the Nepsys underwater welding system.

2. As part of your Strategy for Growth you have said that you will be broadening the range of services Neptune offers. Can you comment on which services and sectors you will target and your rationale?

Neptune has been very successful in delivering a number of dry underwater welding projects for the Australian Navy, the Merchant Navy and Marine Infrastructure and recently completed a project for a major oil company in the Cocos Islands.

Additionally, each project has been significantly varied in terms of project management, scale and scope, therefore we have not only proven the versatility of the technology, but we have also proven that we can project manage large scale, technically challenging projects in a wide range of environments. Now as we move forward, the Company will evolve its product and service capability by building an integrated service model.

From a practical perspective, this means building on our project management skills by integrating our core technology with other subsea related activities such as underwater inspection and non-destructive testing, underwater construction, maintenance and repair, corrosion management and other client support services. Essentially we are building an integrated end to end solution for underwater maintenance.

The rationale here is based on evidence from customers and potential customers that there is a significant gap in the market place, especially within the oil and gas sector, as well as our need to build capability to successfully deliver on multiple projects while maintaining our high quality standards. So naturally we are targeting our traditional customers in the Royal Australian Navy, Merchant Navy and Marine Infrastructure, but we will be committing a lot of resources to developing our business within the hydro carbon sectors.

Simultaneously, we will be broadening our focus on the Nepsys technology by expanding our activities and market penetration into those key markets of Asia and the Gulf Coast in the US and Latin America. These markets arguably represent the largest opportunities within the oil and gas sector for our core Nepsys technology.

3. Can you tell us more about the timeframe for implementation?

Implementation is already underway with Phase I for completion within 18 months and Phase 2 to follow.

Phase I is really all about penetrating our core markets with Nepsys and building capability and resources to deliver an end-to-end solution within the Australian domestic market. This includes some potential acquisitions as well as finding the right partners to help our overseas expansion.

Phase 2 is rolling out our fully integrated model beyond Australia and growing in these markets.

4. You mentioned that acquisition opportunities will support your development and build capability. What is your acquisition strategy and how will this facilitate growth?

Our acquisition strategy is really to support our growth strategy. Neptune will pursue acquisitions that will fast-track the strategy for growth and build organisational capability. There is also a consolidation element to our acquisition model. The potential targets will need to satisfy several key elements:

· They will be focused in target sectors

· Provide the capability that we need to execute on Nepsys projects

· Provide channels to market for our core technology

· Have scope to scale an grow, and of course

· Provide stable and predictable revenues and cashflows.

In terms of where we are, we have already identified and are considering several opportunities.

5. You mentioned that a key driver of Neptune’s strategy is strengthening the management team. Can you give us an indication of your own expertise and some information on what else you plan to do to strengthen the team?

The important thing here is that we are building the right team to take Neptune forward and much of this was done previously.

Our current management team already has over 30 years of experience with the Royal Australian Navy and the Marine Infrastructure industry.

What I bring to the business is 20 years of knowledge in the service sector of the oil and gas industry where 16 of those was spent with global giant Schlumberger in the Middle East, Latin America, Europe and most recently in New York.

Additionally we have just appointed Geoff O’Connor to the team as head of Marketing & Business Development. Geoff brings with him a wealth of knowledge and networks in the oil and gas sector, especially in Australia and importantly his experience with Lloyds Register, one of the world’s leading Class Societies, is invaluable in assisting penetration into all industry sectors. I believe we have an excellent management team in place to drive the business forward.

6. You have announced the appointment of a new Board member. How does the structure and expertise of your board impact upon your strategy formulation and execution?

Similar to the management team, the composition of the Board needs to reflect the businesses that we are in. Similarly it needs to compliment the Management team.

To this end, David Agostini has been appointed to the Board of Neptune Marine and brings with him a wealth of experience in the oil and gas sector. David was a former executive with Woodside and former Deputy Strategy Manager for Shell in The Hague.

Additionally David is the Chair of the Industry Advisory Board for the University of Western Australia’s School of Oil & Gas Engineering and a member of the Governing Board of the WA Energy Research Alliance.

David was highly involved in assisting with the management team in developing the strategy for growth and is assisting the Board with its review and selection of future Directors.

So in closing Terrence, I believe that the future of Neptune Marine Services is in good hands and that our blue print for growth will deliver increased opportunities and benefits for our employees, customers and shareholders.

[Fleeta]

Well Baglimit, I just got back from my expensive 6 week holiday in Europe, funded by my profits from your previous tips, however was horrified to see that when I got back, the stock that is supposed to pay for my next holiday, CEO has gone backwards, while NMS has also not rebounded as you predicted. What is the deal, are you losing your magic touch?

[son of baglimit]

just u wait 'enry iggins', just u wait

the 2 CL's are due back from usa this week

the optometrists are coming onboard

start planning fleets - trust me......

and keep buying - lets face it, if it was a miner with no news, they'd be buying still.

no news is good news - for me - cos im still accumulating.

[son of baglimit]

and the day of reckoning has arrived - a new dawn beckons.

once the trading halt is lifted - its showtime.

[Fleeta]

Yeah, this is your day of reckoning too SOB....if this isn't the great announcement you say it is, i'm going to get my tips from a different taxi driver!

[Fleeta]

A trading halt before announcing an SPP with no details! This company is looking more like a joke every day...they need the money for their strategic acquisitions, or to keep them afloat? I'd stay away from this one.

[sangshim]

Yes... It was a real joke..
I was ready to pay 0.5+ if there was a good ann.. but..
Or maybe the real ann will follow soon.

[son of baglimit]

fleeta - till u become full member i wont respond to you - to the rest, here it comes......let me see, prior to july 7 i suppose.

[rederob]

fleeta - till u become full member i wont respond to you - to the rest, here it comes......let me see, prior to july 7 i suppose.
Yes, it might reach "support" at 24 cents by then.
And could be a reasonable spec play at that entry point, assuming they have cash to burn.

[son of baglimit]

hey red - long time.....

interesting play thing this one.

unorthodox thats for sure.

now how do i put july 7 into my outlook calendar - hmmmm?

[rederob]

now how do i put july 7 into my outlook calendar - hmmmm?
........ preferably with 2008 after it

[pacer]

Hmm yes well, looks like they've got it together and the offer of shares at a reduced rate sounds good, could make a killing on the welding side.
Yep what the hell I'm in for a grand, looking like a breakout I suppose.

[pacer]

News today looks excellent for the future, new contract announced with Apache Energy, this company will now be on the move if they do a good job with them.

A very good long term investment is my opinion, all good news and more of it for a change.

The Boardroom Radio site they put you on to is excellent too, another one to add to the bookmarks. It gives you a chance to listen to the director state his case, and for other companies too, plus a fair amount of other info aswell.

Having a good day..........:D

[son of baglimit]

i wonder what caused todays little surge in trades ?? - hmmmm

[pacer]

More news and a new contract?

Your guess is as good as mine...I would buy some more now before it hits $2.00 a share....lol

Always follow the crowd as those in the know make the first moves....

I realy would say that some good news must be due shortly.

Picked a good horse lately Bags......hot tip for the Melbourne cup?....:)

[son of baglimit]

horse? - wait till acceptances tomorrow.

news? - getting warmer

[pacer]

10% jump on stuff-all volume what can this mean?

[son of baglimit]

it was 1 trade pacer - someone wanted their 20k that day, and so went 'at market' to finish the deal.

we just need 4000 other people wanting to do the same thing - the oppies selling will slow soon apparently.

[son of baglimit]

EUREKA - THE PATENT IN USA FINALLY GRANTED.


some of those 4000 queued up today it seems.

anyone with hotcopper access have a look at jct's posts today for more info.

[pacer]

hmm fell again........buy more?..........yeah why not. It's bound to be a lot more good news out after that announcement.........still counting my chickens.

[son of baglimit]

pacer - eagerly awaiting response to FY report leading up to AGM.

hmmmmmmmm.

[pacer]

Well it's been pretty quiet here on this one for the last few weeks,I hope they don't turn into a NUENCO and shutdown on the news front.....that'd be disasterous......still no real info being given........I wonder what they're up to.

[son of baglimit]

ARENT WE ALL - we know theres a rainbow just around the corner, but these damn lights wont change.

just hoping they know where top gear is.

[pacer]

Went to the NEO AGM......Bags.....seee post.....hehe.....




we were all there once apon a time..................NMS ......hope it all goes better.....NWR is the go though.....hot stuff!!! and cheap..WATEVEr.....I'm ....pissed......g'night....lol

[son of baglimit]

article from industry mag

http://www.neptuneunderwaterwelding.com.au/data/Demand%20grows%20for%20Neptune%20underwater%20weld ing%20technology_Ship%20Repair%20&%20Conversion_Sept%2006.pdf

[Fleeta]

Great technology doesn't always = profits baglimit. I think they might need to do some underwater welding of their share price at the minute!

[son of baglimit]

oh thats right fleets - be negative.

good to see ya back here.

i think i'll name my next kid katrina !!!

[pacer]

More good news then a trading halt, what's going on....are they ready to refuel the rocket and head back above 32c ?????....I realy hope so!!!!!

Definetely seem to be running towards the ultimate goal, and I have some faith in this company and management, just a shame the SP doesn't reflect the leaps and bounds the company is making.......yet!

[son of baglimit]

the SP has suffered a lot lately with long termers changing from FPO's to oppies due to the oppies dumper - too good a chance to let go by.

anyone only wanting fpo's has had a good run too.

the fun me thinks is only just beginning

[Out Too Soon]

Can the management be trusted to get it right? It looks good in theory. :sly:

[son of baglimit]

with the sell side of both fpo's & oppies disappearing, it appears the show is on - the size & shape to be revealed

[RichKid]

with the sell side of both fpo's & oppies disappearing, it appears the show is on - the size & shape to be revealed
Interesting phrasiology there sob, now what else does this remind me of???

[pacer]

Got the offer today....20c per share but no oppies.....bugga....


I wonder if they have been selling thier services too cheap to get a foot in the door....ie I did the same just to get work sometimes myself.....work for free to see how we go.....that definitely paid off!!!!!

Can see this going places................-bought more the other day at 22c...and will take up the offer me thinks......

I actualy want to work for these guys!...trading is more fun though....bought 500 RIO yeserday and sold at 1.30 today........a gand a day keeps the DOLE away....lol

[pacer]

Nice to see the SP getting back up......Full ahead captain!...lol

[son of baglimit]

to be on the books, i think you need yo buy before friday - interesting to see if anything comes out to hold the price up beyond that - fun times ahead

[Out Too Soon]

Looks like Neptunes turned the corner, forecast profits of $2.6 million increasing to 5.5 million over the next 2 years instead of a net loss of $2.7 million last year. This stock did hit a high of $1.50 last year, that's volatility of 680% :eek: :p: :D Has risen from .22c to .28c in the last week, this I think is a good one to get into. ;)

[pacer]

Buy now then....680% profit looks imenant, and it is a unique system that will play well.......they are buying more little little, companys and that means expansion....which means ......It is a good thing......they will be able to buy bigger soon....this is an investment that WILL pay for my boat and land in the future.......They have a well established base and work coming in....what more could you ask for? for...potential...unlimited...680%.?....68000% is my estimate...lol

33 CENTS IS STILL CHEAP!......dyor

[tugga]

very happy I.

I will be buying more tomorrow depending on how nlx goes.

[Porper]

to be on the books, i think you need yo buy before friday - interesting to see if anything comes out to hold the price up beyond that - fun times ahead

You would think NMS would have something up their sleeves because the price is rapidly declining towards the 0.20 rights issue price now that we are ex. rights.Hence they are stuffed as nobody in their right minds will take up the offer.

I find it hard to believe they would be this dumb so I have had a wee punt as a bit of fun.You can trade the rights seperately, not too sure how you do this.

Will history repeat itself Baglimit and make us some dough again.Be interesting.;)

[son of baglimit]

my mail is yes porper - the news will arrive prior to close date of offer - just getting the 'lads' ON you'd think.


no ramping trader stock anymore - all growth

[tugga]

God I hope this stock turns for the good, cause I have sunk alot of money into this sinking ship.

[pacer]

Patience is a virtue....I've got plenty for this one....They are making profits now....don't panic......day traders are toying with you...enjoy the ride and see you in a nice position in a years time.

[Out Too Soon]

DONT PANIC! (Hitch Hikers Guide to the Galaxy) :o
Everythings affected today, ppl taking profits after a good week. Sell now & you only ensure a loss. Research this co. some more & you should feel better about where they'll be in a years time.
Today tho is one of those days better to stay away from TV, Internet & other media. Look forward to turn around on ASX on monday.

[Dreamer]

DONT PANIC! (Hitch Hikers Guide to the Galaxy) :o
Everythings affected today, ppl taking profits after a good week. Sell now & you only ensure a loss. Research this co. some more & you should feel better about where they'll be in a years time.
Today tho is one of those days better to stay away from TV, Internet & other media. Look forward to turn around on ASX on monday.

I stopped panicking 10 days ago :)

Would like to know how we trade our rights though, as unfortunately, i dont have any extra $$$ to buy any more. :(

[tugga]

I wish I had more money, At 23 cents I think is a bargin

[son of baglimit]

very true - by this time next year $1 will be a bargain.......

keep an eye out for those NEXT 2 acquisitions in early 07 - the pieces come together.

[Out Too Soon]

Hope so Baglimit, looks like you beat me to NMS for the November tipping comp. :) What shall I pick now?

[son of baglimit]

someone ya own size ya bully !!!

[Out Too Soon]

God I hope this stock turns for the good, cause I have sunk alot of money into this sinking ship.
Feeling better today Tugs? :) at least sp is headed in the right direction again :)

[Porper]

Feeling better today Tugs? :) at least sp is headed in the right direction again :)

Don't forget the share price only dropped late last week because it went X rights.This is now factored into the share price.

We can all buy 2 shares for every 1 we hold at 0.20, reducing our average cost significantly.

[tugga]

Feeling better today Tugs? :) at least sp is headed in the right direction again :)

Yeah I'm feeling better, I wish I had some money. I would of bought more at 23c

[two40]

these guys just got another project. too little too late?

[son of baglimit]

in what way too late ?

for you ? - are you out ?

for the rights issue ? - no its underwritten, so they'll get their cash.

how is it too late ?

[tugga]

Sooooo when do you think its going to hit $1.50 haha :D

[son of baglimit]

during FY08 - anything else ?

[tugga]

during FY08 - anything else ?

and what makes you think this

[son of baglimit]

read the rights issue prospectus, especially regarding the next 2 acquisitions.

do a google on the industry, and the $ to be spent, not from lange, but other sources too.

do the math.

[tugga]

read the rights issue prospectus, especially regarding the next 2 acquisitions.

do a google on the industry, and the $ to be spent, not from lange, but other sources too.

do the math.

they just secured another contract, market didn't seem to care though

[son of baglimit]

yep - the market has seen too many 'nepsys' contracts come & go - nepsys is irrelevant to the whole, but plays an important part in their 1st IRM contract.

2 weeks to go.

[Out Too Soon]

The market will only start to take notice when the forecast profits 07/08 start to become reality, us brave folk if we hold will be the biggest benefactors, of cause that's only if the forecasts become reality. Having looked into it more closely I think we'll be grinners this time next year. :D

[tugga]

The market will only start to take notice when the forecast profits 07/08 start to become reality, us brave folk if we hold will be the biggest benefactors, of cause that's only if the forecasts become reality. Having looked into it more closely I think we'll be grinners this time next year. :D


God I hope so hahaha, that would pay of my car and the rest.

What price did you get in at?

I'm 27c :( if I can scrape some more cash tomorrow by the end of the week I might buy in again if it still sitting at 22-23c

[son of baglimit]

27c - youve done well - what about those poor blighters (not me) who jumped on at $1 + - and are still holding - or did they take there losses prior to june 30 ?

load up if you have spare cash & patience tugga - they will come good, probably exceed expectations, but when, thats anyones guess.

[Out Too Soon]

I wish I had more money, At 23 cents I think is a bargin
I just bought some more @ 22c, cross fingers. :)
I think day traders r messing with the sp, longer term we just have to hang on.

[tugga]

I was spewing yesterday i tried all day to buy 5,000,000 shares of nmsr @ 1c but I couldn't get any. End of the day they hit 5c

[son of baglimit]

dont think its day traders playing with the price - fair chance its the brokers behind the placement - they have underwritten it, and should the rights holders say no, which till now would seem logical, they'll scoop the pool at 20c each.

its all a matter of timing - when is lange gonna announce 'the big contract' ?

before or after the deadline - thats the question.

[Porper]

dont think its day traders playing with the price - fair chance its the brokers behind the placement - they have underwritten it, and should the rights holders say no, which till now would seem logical, they'll scoop the pool at 20c each.

its all a matter of timing - when is lange gonna announce 'the big contract' ?

before or after the deadline - thats the question.

Anybody can manipulate the price of NMS as the volume is pitiful.

As for the rights, who in their right mind will take up the offer at 0.20 when the price is hovering around this area.

They need a big announcement or they are screwed i.m.o.

[Out Too Soon]

Of cause day trading is having an effect, better than no action, movement at all.
Tugga, You can't get buy any more rights cause no one wants to sell them. I sent my cheque away today. ;)
Porper, the sp might only be 1 or 2c higher than the rights but that's 5-10 % & a saving for someone like me who beleives this will rocket eventually. :p: Reading the report that came with the rights issue has made me more confident that this co. is really going to go places.

[son of baglimit]

and very soon too - hanging out for next wed's agm

[tugga]

I just bought a million shares of NMSR. I doubt they will move any time soon but I figured its worth a stab in the dark. :eek7:

[son of baglimit]

U DO KNOW THEY ARE ONLY WORTH SOMETHING FOR A FEW MORE DAYS ??

ITS A GAMBLE, BUT IF IT PAYS OFF..............

[Out Too Soon]

I just bought a million shares of NMSR. I doubt they will move any time soon but I figured its worth a stab in the dark. :eek7:

Better get your cheque away Tugga, are you after a position on the board?

[tugga]

What is the date the NMSR shares become no more?