Our new website is coming soon, give it a try now and let us have your feedback. Take me to the Beta



Register
Login:
Share:
Email Facebook Twitter


TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential


Nautilus Marine Share Chat (NAUT)



Share Price: 1.45Bid: 1.20Ask: 1.70Change: 0.00 (0.00%)No Movement on Nautilus Marine
Spread: 0.50Spread as %: 41.67%Open: 1.45High: 0.00Low: 0.00Yesterday’s Close: 1.45


Share Discussion for Nautilus Marine


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

Majorboy
Posts: 289
Premium Chat Member
Opinion:No Opinion
Price:1.35
RE: Is this one sank?
Fri 13:44
haha v good lol just saw this on top losers board and I was wondering if it was going under! gla:)
 
quindell
Posts: 11,079
Opinion:No Opinion
Price:1.40
RE: Is this one sank?
14 Jun '19
You're scraping the barrel for a dead cat bounce on a company with debt many many multiples of the MCAP.
Good luck
barnetpeter
Posts: 1,346
Premium Chat Member
Opinion:No Opinion
Price:1.40
RE: Is this one sank?
13 Jun '19
The company had 20 times cash than current mkt value. I am not selling for a penny. We may never hear of them again of course. But in the past I have got 600 per cent back from a delisted so not all lost yet.
Fallingknife1
Posts: 4,490
Opinion:Strong Sell
Price:1.625
Is this one sank?
7 Jun '19
SP is looking salty and the company itself all at sea! I certainly wouldn't shell out for some of these as I bet most investors are under water on their investment!
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:1.625
Think I need to adapt.
7 Jun '19
And find some quality undervalued stocks.
Any ideas?
Peer_is_amazing
Posts: 3,409
Premium Chat Member
Opinion:No Opinion
Price:2.50
RE: What happens
5 Jun '19
Well I am expecting a stream of rns for a sale of each of the vessels. However it’s very risky to buy with a delisting rns. Maybe the board will change their minds? Very risky punt! Not for widows and orphans.
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:2.50
RE: What happens
5 Jun '19
As far as I know the only time you ““have” to sell any shares is after a takeover offer has been accepted by the bulk of shareholders at a GM.

You will just hold shares in the private company, they could be harder to trade, you will be unable to hold them in an ISA or CREST account and normally have to get you or share certificates in paper form or transferred to a broker who can trade them.

Even if a company goes bust you can still keep your share certificates, but apart from the memory of a lesson learnt, sentimental value or a tax right off they will normally be worthless.
Bibzy7
Posts: 124
Opinion:No Opinion
Price:2.50
What happens
5 Jun '19
Never posted on here and only have a small holding. Just a quick question for anyone willing to help. Do we have to sell are holding or can we keep a hold off them.
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:2.50
RE: RNS
5 Jun '19
Holders shouldn’t loose the lot, but could loose part or a lot, I think the group of companies or the company itself will buy the remaining 27% of shareholders out via the MFB.

The unknown is At what price.
2p costs them £300k
5p costs them £700k
7p costs them £1m.
The company has the cash to do it, the investment groups want to push it.

As there are multiple parties voting for the delist I’m expecting one party to buy in open market before the delist.

That could give me a chance to either make a few quid as a simple trade or possibly take my stake out leave a few in and see what happens with them.

“The Company has made arrangements for a Matched Bargain Facility to assist Shareholders to trade in the Ordinary Shares to be put in place from the day of Cancellation if the Resolution is passed.”

Or I loose and end up with nothing.
Babbler2
Posts: 45,432
Premium Chat Member
Opinion:No Opinion
Price:2.50
RE: RNS
5 Jun '19
I was waiting for this news... if it wasn't delisting it would have shot up to 10p before.... £1.1m mcap - the vessles will raise more than that imo.

Not sure what happens to remaining shareholders after delist - lose the lot? Who knows?
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:2.00
RE: RNS
5 Jun '19
Getting Live quotes of 2.15p to sell,
lvl 2 has one mm left on 2.5p then they are all on 3p.

only 14m free floating shares that are not in their hands.

Still Time for a squeeze.
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:2.05
RE: RNS
5 Jun '19
http://www.dmcltd.com/index.asp

Is it any of the equipment listed here?

Ps currently 1.71p to sell vs 2.4p to buy, buy price still rising on almost every trade since the drop.
Peer_is_amazing
Posts: 3,409
Premium Chat Member
Opinion:No Opinion
Price:2.00
RE: RNS
5 Jun '19
Gm to delist on 2nd july
Peer_is_amazing
Posts: 3,409
Premium Chat Member
Opinion:No Opinion
Price:2.00
RE: RNS
5 Jun '19
It really is a game..!
Go to delist on 2nd July.. auction concluded by 29th may
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:2.00
RNS
5 Jun '19
NAUTILUS MARINE SERVICES PLC

(the "Group" or "Nautilus")

Sale and Marketing Contract for Offshore Service Vessels

Nautilus Marine Services PLC (AIM: NAUT), announces that, further to the announcement on 31 May that it was considering "the potential sale of the currently owned offshore service vessels", it has entered into a sale and marketing contract with M&E Partners LLC and Dixon Marine Consulting, Ltd. in relation to its six offshore service vessels and related equipment (the "Assets"). It is anticipated that the Assets will be offered for sale at auction on or before 29 June 2019.
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:1.95
RE: Buy/Sell
3 Jun '19
Well I took a small punt this morning in the 1.7s, with a guess that the 72% holder might think it worth buying a few in the open market beforehand. worse case I will have to wait and see what price the company offers with the MBF.
50/50 GL

“The Company has made arrangements for a Matched Bargain Facility to assist Shareholders to trade in the Ordinary Shares to be put in place from the day of Cancellation if the Resolution is passed.”
bbrinkw
Posts: 33
Opinion:No Opinion
Price:1.95
Buy/Sell
3 Jun '19
So why would you buy shares at 2.3p when they have to increase to more than 3.3p to break even and then have to be sold by 01 July 2019 before company goes private?
Peer_is_amazing
Posts: 3,409
Premium Chat Member
Opinion:No Opinion
Price:1.90
RE: 570 / 430k trades
3 Jun '19
Yes and real ask defiantly jumped. Interesting
itisagame
Posts: 1,786
Premium Chat Member
Opinion:No Opinion
Price:1.90
570 / 430k trades
3 Jun '19
Humm, £20k between them and nearly 2% of the company purchased right there.
barnetpeter
Posts: 1,346
Premium Chat Member
Opinion:No Opinion
Price:1.90
RE: someone said nav 20 mill
3 Jun '19
"The Group had a positive working capital position of $17.6 million at 30 June 2018".

Just a year ago.....nearly 20 times current mkt cap.

Why rob a bank?
petertee
Posts: 16,921
Premium Chat Member
Opinion:No Opinion
Price:1.55
someone said nav 20 mill
2 Jun '19
so how come market cap is less than one million?
Coggy
Posts: 15,569
Opinion:No Opinion
Price:1.55
RE: Bunch of crooks
31 May '19
And you weren't wrong. Mickey Mouse outfit. Too many of them on AIM. P*ss Poor regulation.
oldandtired
Posts: 280
Opinion:No Opinion
Price:1.55
Bunch of crooks
31 May '19
Don't say that you weren't warned. This is my post from 1/6/18.
" The administrative expenses alone are over 6 million dollars a year. For what? At this rate, it won't take long for all the cash to be extracted from this company. I presume that it will then be quietly closed down or the directors take it private for a nominal sum".
Peer_is_amazing
Posts: 3,409
Premium Chat Member
Opinion:No Opinion
Price:1.55
RE: Final Results - in case you missed
31 May '19
Plus the loan notes were redeemed.. so it’s got a nav of about 20m usd.. however who would trust this board!
petertee
Posts: 16,921
Premium Chat Member
Opinion:No Opinion
Price:1.55
Final Results - in case you missed
31 May '19
Wed, 6th Mar 2019 07:00

RNS Number : 9509R
Nautilus Marine Services PLC
06 March 2019

NAUTILUS MARINE SERVICES PLC
(the "Group" or "Nautilus")

AUDITED FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2018

Nautilus Marine Services PLC (AIM: NAUT), the Group focused on making strategic investments in service providers, technologies, and assets to offer integrated and innovative solutions for multiple offshore service industries, today announces its audited final results for the year ended 31 December 2018 (the "Period").

Highlights:

· The Group received multiple offers for its Colombia operations in late 2018, many on terms that, if realised, would be agreeable to the Company. As announced in January 2019 (post-period end), it is therefore likely that the Company will divest of its Bolivar and Bocachico contracts or the entities holding them (the "Disposal Group") during 2019. Accordingly, the Disposal Group has been classified as held for sale at year end. In accordance with International Financial Reporting Standards ("IFRS"), the Group has reported these assets and their associated liabilities as a "disposal group" within its Consolidated Statement of Financial Position as at 31 December 2018, and income/(loss) from the Disposal Group are reflected as discontinued operations within the Consolidated Statement of Comprehensive Income for all periods presented.

· $11 million cash as at 31 December 2018.

· Losses from continuing operations of $9.2 million, representing a $2.0 million decrease in losses as compared to the prior year period.

· $1.8 million (64%) decrease in operating expenses for offshore vessels and equipment as a result of cost reduction initiatives implemented during late 2017.

· $1.1 million (20%) decrease in administrative expenses for continuing operations primarily due to staffing reductions within the corporate group implemented during 2017 and 2018.

· $643 thousand gain on disposals, primarily due to sales of non-strategic offshore vessels and equipment during the year.

· $666 thousand impairment charge on certain vessels within the Group's offshore fleet as a result of decreased third party fleet valuation reports at year-end.

· $1.7 million impairment reversal (included within income from discontinued operations) as a result of the initial measurement of the Disposal Group to the estimated recoverable amount of fair value less costs to sell upon classification as held for sale.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk







Home  |  Contact Us  |  About Us  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy  |  Mobile Site  |  About this website design


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.