||EPS - Basic
||Market Cap (m)
|Oil Equipment Services & Distribution
Lamprell Share Discussion Threads
Showing 14826 to 14848 of 14850 messages
|Cup and handle forming, watching closely for a
|Yes from in the 50p's to over 100p.|
|The next week rig will be delivered within a matter of month. I think 100p plus soon. Good to get in beloow 100p. This will be 120p in no time|
|"Wtf are the buyers????!!!!!"
Now, now! Patience. They're coming over the horizon.|
|Another rig safely delivered:
|Wtf are the buyers????!!!!!P|
|"It has risen around 90% since September."
Which September is that, spractive? Not the last one, 2016.|
|Agree, this is the time to start accumulating before the
next move higher in my honest opinion.
We shall see.
|"the stock market is a device for transferring money from the impatient to the patient" WB|
|It has risen around 90% since September.|
|Hopefully, but not certainly - yet. The strengthening dollar v sterling will help, though.|
|I'm in for some more, feels like these have bottomed!|
|Motley Fool today...The falling oil price has weighed heavily on shares of Lamprell (LSE: LAM) during the past two years, but the cash-rich company has what it take to ride out oil's cyclical downturn. Indeed, within Lamprell's latest trading update management reported that group cash at the end of 2016 is expected to be up year-on-year, despite falling revenue. At the end of 2015, the company reported a cash balance of $200m or about £160m at current exchange rates. For some comparison, at the time of writing Lamprell has a market capitalisation of £325m, so around 50% of the group's market cap. is cash. Overall, shares in Lamprell are trading at a price-to-book value of 0.6.|
|well that put a dent in my spreadbet that i opened the other week at 101. have doubled up at 92. 55 quid a pip.|
|I was expecting a little retrace to help with the slightly
high rsi 50, I think we will trade between 90 and 105p for
a couple of months now.
Aimho for what it is worth.
|Update was as expected. I see no reason to sell. very strong asset backing, and cash position will improve further, as working capital released on lower turnover,|
|More like 200p plus.
Huge assets and bags of cash together with massive cash generation!|
|Anything possible here with Lamprell family at 30+%.
The financials and poor tone of the statement do suggest that a takeover may yet be welcomed. Plenty of consolidation likely in this phase of the PoO cycle.
If LAM were taken out or taken in (so to speak) you would think that a price of 150p+ is absolute minimum.
It's certainly a known unknown in my book!
|Last year's Cash was about $210m. So we'll guess about $250m - although it could be more.
At £1 per share the market cap would be $425m approx.
So 425-250 = 175. Hence the Business is valued at just $175m, which in the context of a T/O which at $400-500m but maybe lower end, still looks undervalued.
Nothing very new in the update. Just an absence of anything positive.
Becoming standard stuff in the industry.
|Good update there with strong cash generation continuing.
Work slowing up though and 2017 looking less profitable.
No debt and cash higher again.
Market jittery about prospects and the thought of a large write down in goodwill. But that's only a book keeping adjustment and doesn't affect cash.
Very good time to add today.|
|Wrong thread. Thought I was posting on ophr thread|
|I break even at 161p so not selling until 190p|
|waiting for 160 here myself gl|