Posts Tagged ‘Neptune Marine Services’

    • Neptune Marine Services Share Purchase Plan

    Tuesday, June 9th, 2009

    Neptune Marine Services (NMS) announced on the 5/6/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 22/6/2009 on which shareholders must own the share to participate in the SPP and the closing date is the 17/7/2009.   Shares will be issued on the 27/7/2009.   A maximum of $15,000 can be purchased by each shareholder at $0.50.

    Discount : 17.2% Liquidity : Good Profitability : Ok  Stability : Good

    www.neptunems.com

    * Note: Discount is based  on the closing price on the 5 June 2009.

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    Neptune Marine Services Share Purchase Plan

    Tuesday, June 9th, 2009

    Neptune Marine Services (NMS) announced on the 5/6/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 22/6/2009 on which shareholders must own the share to participate in the SPP and the closing date is 17/7/2009. Shares will be issued on the 27/7/2009. A maximum of $15,000 can be purchased by each shareholder at $0.50.

    Discount : 17.2% Liquidity : Good Profitability : Ok Stability : Good

    www.neptunems.com

    * Note: Discount is based on the closing price on the 5 June 2009.

    For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

    To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

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    Neptune Marine Services Secures $10 million Contract

    Tuesday, April 7th, 2009

    Neptune Marine Services (NMS) announces that its specialist fabrication business unit, Link Weld Engineering, has been awarded a contract by Acergy Australia for the fabrication of subsea tie-in spools for Woodside‟s Pluto LNG Project. Valued at approximately $10 million, the scope of work involves the fabrication of 31 spools, for both deepwater and shallow water (platform) application.  Neptune‟s Managing Director and CEO, Christian Lange, said it further bolstered the Group‟s position on the back of its recent announcement that revealed new and extended contract work valued at approximately $45 million. “Importantly, this project also increases our involvement with the Pluto LNG Project given that both our survey and ROV divisions have already been contracted to undertake support works during the jacket installation phase.” 

     www.neptunems.com

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    Neptune Marine Profits Increase 200%

    Friday, February 27th, 2009

    Neptune Marine Services (NMS) reported first half 2009 revenues of $95 million versus $31.7 million in H1 2008. Income from continuing operations, excluding non-cash charges, was $15.6 million, representing diluted earnings per share of 5.1 cents versus 1.0 cent for the same period last year.  Operating cashfows for the period were $6.4 million versus $4.2 million for the first half of 2008. 

    Neptune’s Managing Director and CEO, Christian Lange, said the result was particularly encouraging in light of the current global economic climate. “As previously outlined, Neptune has not experienced a material impact to date, as the majority of our revenue is derived from continued investment in brownfield infrastructure and producing assets,” he explained. “Additionally, it is worth noting that revenues for the first six months include only three months contribution from the Neptune Trident Offshore Vessel.” 

    http://www.neptunems.com/ 

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