Lamprell Share Discussion Threads

[ashbox] 26/8/2016 22:15

pathetic making the statement on a Friday evening, it won't make any difference, in fact the share price will probably get hammered more for such actions as the market will punish them for their lack of bottle.

[mach100] 26/8/2016 21:08

Sneaking it out on a Friday of a bank holiday weekend is not good business. The market is rigged.

[meijiman] 26/8/2016 20:40

I have never understood why this management is rated highly -all I can see is one piece of bad news after another. They seem to blame everyone and everything but themselves. Time to look into the mirror.

[rhomboid] 26/8/2016 19:30

That's a late RNS kick in the nuts for holders, getting on for half this years profits gone, good luck on Tuesday, I'm not sure what the range of cost was that was priced in? Might take a position again on Monday if it drops heavily

[deanowls] 19/8/2016 13:09

What would you suggest they do book broker?

[srpactive] 19/8/2016 12:30

The Daily Telegraph: Oil prices broke above $50 a barrel for the first time in five weeks as hope that the world’s largest suppliers may act to cut the glut in global supply continues to drive prices higher for a sixth consecutive day.

[chillwill] 16/8/2016 12:11

Not a lot driving price tbh. If we did see a higher high now (as in above the most recent peak around 75p), it'd bring in momentum buyers and things would look better. but as far as I can see it's happy to drift sideways in the range. Buyers popping in below 70p, and exiting fairly quickly above.

[srpactive] 11/8/2016 14:00

I have bought more here.

I do not know alot about charts, but I do use them to assist buying and selling.

The chart does show the history of how the share price is being influenced by
certain news either share or sector specific. There is value here to be unlocked
and I think it either will be by company performance or a mbo.

dyor

regards

active

[trident5] 11/8/2016 13:30

The trouble with this chartist stuff is that you can end up with stocks like Globo

[tradesmarter] 11/8/2016 12:23

looks interesting...only bought a small amount (2nd time), but looks like bottom is in and worth a hold as 90p level my taret...held fairly well given recent news which implies not many sellers left and think we will start to test gap resistance then head towards 90p?...various chart formations "hinting" this is good time to stat buying for recovery, but I've just shown triple bottom and trading range I expect

free stock charts from uk.advfn.com

[srpactive] 05/8/2016 10:35

Morning all, for what it is worth I have bought
more here, the chart looking better, with the
moving averages, and a possible reverse head and
shoulders forming. My first target is 75p.

The new ceo will get a little coverage from the printed
media which will help.

I do hold higher and lower by the way.

dyor

regards

active

[plunger2] 03/8/2016 09:10

This extract (courtesy of Upstream) puts Keppel's in the frame for the rig delay - he he he!

"Lamprell revealed last week that equipment problems have held up delivery of an Ensco newbuild jack-up, with the yard mulling taking legal action against the equipment manufacturer - understood to be LeTourneau, which is now owned by Keppel following a $100 million acquisition from Cameron."

JMHO

[plunger2] 03/8/2016 08:53

Agreed.
Looks like they were out to get him.
And the "links" to PFC continue.

Something is going to give somewhere if we get another year of mid 40s PoO. Nothing is impossible but it's a shaky old world right now.

JMHO

[saltaire111] 03/8/2016 08:02

Good appointment. The new CEO should get things moving.

Salty

[mad foetus] 27/7/2016 11:56

I don't think the POO will ever improve. Once it rises above $50, mothballed shale production becomes attractive, keeping a lid on the price.

[bulltradept] 27/7/2016 11:28

That's a fair point plunger, I suppose given it's history trading over £3.00 not that long ago to where we are now a take out at £1.00 would be considered a result, when all things are said and done.

[plunger2] 26/7/2016 18:05

The rig delay apart they're really only having the same experience as the sector.
Till POO improves sector will be unloved. So I well understand why people want out.
The main reason to stay is consolidation. Whether this will come to rescue the LAM price is unknown but we'll see.

JMHO GLA

[chillwill] 26/7/2016 12:00

cheaky monkey 26 Jul'16 - 08:19 - 14342 of 14345 1 0

Not a great RNS this morning! Delays to rig delivery, possible legal battle with OEM supplier & profit warning for 2017....sadly I'm out for now, trying to cut my losers earlier & let the winners run...


^This sums it up pretty well. Probably still good value, but hardly anything to look forward to for a while anyway.

[portora] 26/7/2016 11:02

Not a good RNS but I'll continue holding for now and wait for the Interims.

[bulltradept] 26/7/2016 08:34

Well someone fancies them @ 70p, 487k just been snaffled. Perhaps it's one of the owners?

[bulltradept] 26/7/2016 08:24

You had to be quick this am, looks like it's going to recover back to yesterday's close. Was only in it for 4 minutes this am, but I was happy enough with the cash taken.

[cheaky monkey] 26/7/2016 08:19

Not a great RNS this morning! Delays to rig delivery, possible legal battle with OEM supplier & profit warning for 2017....sadly I'm out for now, trying to cut my losers earlier & let the winners run...Will keep them on my watch list, good luck to all holders.CM

[plunger2] 21/7/2016 14:34

HTG is capitalised at nearly 3 times our market cap. Look at the respective balance sheets.

So 90p for our shares would never fly; 150p might.
Surely even the break up value of LAM is way above where we are now.

Either way this nonsense can't go on forever. I hope.

JMHO DYOR

[srpactive] 15/7/2016 12:41

Looking better.