Nautilus Marine Services Share Discussion Threads

[babbler] 24/1/2019 14:46

They have multiple parties and not desparate to sell.

[babbler] 24/1/2019 14:45

they sold their last asster in 2 months. They started talks here in December.Sale is all but confirmed imo.Let them sell. I bought more. Cash her is 14m dollars. Mcap is 3 million quid. HmmmSale will be around 10mil dollars imo. Yes I've researched. Its value in their last results.

[dave4545] 24/1/2019 13:15

Always the way. They can never sustain the rise, has a few brief rallies then one by one all the buyers will sell and you'll get a lull for a few weeks months until the next spike

[noirua] 24/1/2019 13:12

Some stale bulls are selling into the rise. NAUT are not just ships and interests in Colombia may be worth a fair bit. Needs checking.

[babbler] 24/1/2019 10:42

This is not done for the day yet... imo.

[babbler] 24/1/2019 09:19

PS - I was first to post on LSE so was in just as it started to rise ;) The trick is spotting them first :D

[babbler] 24/1/2019 09:18

Dave - the good spikes yes... and why wouldn't I? I don't buy them all as that would be crazy... only the low FF and mcap ones where it seems there is a GOOD REASON for the rise.

Interested parties. Plural.

[barnetpeter] 24/1/2019 09:11

The sort of stock you have to be in for a punt......stacks of cash and plenty of assets .......a sale of these oil assets could be worth multiples of the current price. Loan notes transfer looks more interesting now

[ayesha4] 24/1/2019 09:07

Just been tipped these to go at 50p a share eventually

[dave4545] 24/1/2019 09:02

You never miss a spike in anything do you babbler !

I got my 30% out of this so I'm happy

[babbler] 24/1/2019 09:00

First shake of the day...

[noirua] 24/1/2019 08:57

I see no ships only hardships errrrm I see all those ships and the forgotten oil assets in Colombia. Maybe just maybe 50p is the target.

[noirua] 24/1/2019 08:53

Converting at 50p a share to have 24.5% of Nautilus looks to be a good move after all. A long way to go for NAUT.

[babbler] 24/1/2019 08:52

10 p today minimum then?

[noirua] 24/1/2019 07:58

Maybe the sale of the Columbian assets will work out well as interested parties are around.


Nautilus Marine Services PLC (AIM: NAUT), announces today that the Company intends to increase its efforts toward the near-term divestiture of the Company's oil and gas assets located in Colombia in response to escalating interest being expressed by multiple parties during late 2018.

As previously stated in the Company's 2018 Interim Report, the Company began evaluating divestment and strategic partnering opportunities for its oil and gas assets, which consist of the Bolivar and Bocachico contract areas within the Middle Magdalena Valley Basin of Colombia during the prior year.

Following these initial evaluations, the Board and management team at Nautilus believe the sale of the Company's assets in the Middle Magdalena Basin presents a significant opportunity to realise cash value from these non-strategic assets while eliminating the associated annual operating costs and future abandonment obligations.

[noirua] 23/1/2019 14:53

All quiet on the Louisiana front and no move for quite some time on ship sales or renting out that barge. Maybe a potential investor in shares might make a move as the price drifts but MMs are on the ball and the price would spike on any big purchases. The low market cap makes the company an easy take out.

[cudmore] 18/1/2019 14:18

A flurry of buys and up 15%......the mm’s appear to want the stock.

[dave4545] 18/1/2019 13:57

Moves fast don't it

Did note the bid jumping from 5.9-6p to 6.4p on no trade so bought a few for a gamble but will close out today

[tomboyb] 18/1/2019 13:19

I agree -

Next conversion of loan notes? -

We shall see -

[noirua] 18/1/2019 13:17

Looking quite low priced with the prospects of further moves.

[noirua] 16/1/2019 15:23

What ever views are McLarty/Firmament hold over 25% of Nautilus. We wait for further moves.

[eezymunny] 15/1/2019 16:12

Changed their name but have they changed their attitude to minority shareholders here. I wouldn't bet on it!

[noirua] 15/1/2019 15:27

Noirua - 11 Jan 2019 - 16:29:35 - 92 of 113 A heap of old rusty junk - or a recovery play? - NAUT
McLarty Capital Partners Rebrands as The Firmament Group


NEW YORK, May 22, 2018 /PRNewswire/ -- McLarty Capital Partners ("MCP"), a private capital provider to small- and medium-sized enterprises ("SMEs"), has rebranded as The Firmament Group ("Firmament").
The new name reflects the firm's evolution from an extension of the McLarty family office to a global investment platform focused on turning small business into big business.
Firmament provides tailored debt and equity capital solutions directly to SMEs in the form of unitranche senior debt, junior debt, structured equity and common equity.

The Firmament Group -