Lamprell Share Discussion Threads

[hippo] 23/9/2016 17:48

C.John...good balanced post

[srpactive] 23/9/2016 17:00

That is a very good close above 63.75p. Here is to
next week.

dyor

regards

active

[philjeans] 22/9/2016 16:38

Knockers have become strangely silent - do hope they aren't SHORT.

[chillwill] 22/9/2016 13:22

Well at least they didn't release these at 5pm on Friday haha!

Looks 'ok' to me, like they're surviving, and making a few cut backs. Wouldn't buy these as a growing company (as they aren't), but as an undervalued business they're worth more than the recent falls suggest imo

[sh1984] 22/9/2016 11:38

Some big buys coming in now, institutional investors keen to get back in?

[philjeans] 22/9/2016 11:18

Perfect takeover target at this depressed price.

MBO?

Family backed?

[trident5] 22/9/2016 09:43

Lots of cash, lots of cash coming in, strong balance sheet.
No dividend.

[sh1984] 22/9/2016 09:40

price is rising as Market Capital is way too low, this will continue going up IMO as company is undervalued.

[ali47fish] 22/9/2016 09:20

how come the price is rising when the update seems to have many negatives and before markets opened all posters here think it is armagedden with this share

[cascudi] 22/9/2016 08:36

wow net current asset 316m£ at current exchange rate of 1.3$ / £ and mcap 211 m£
47% lower... very undervalue imo

[philjeans] 22/9/2016 08:36

Back to 80p for starters.

Bags of cash at this, the lowest point in the cycle - hundreds of millions coming in over the next six months as the remaining rigs are completed and sold.

Bargain box here!

[kmann] 22/9/2016 08:31

Where are all the doom mongers. Told you, greatest buy signal ever.

[srpactive] 22/9/2016 08:25

Right results out, that lays it all bare, good.

Now to moving forward, the profits were hit by a one off,
without it all would have been alot rosier.

The workforce has been reduced to fall in line with the lower
revenue stream, which is understandable.

With a smaller streamlined business it will more likely succeed
alone or part of a bigger company, new ceo I am sure will help.

I have been buying recently and feel I might increase more.
Unfortunately being involved in recovery situations brings alot
of sleepless nights and worry as the perfect time to buy is when
fear and disappointment is in abundance, but that is what I do
so more grey hairs and sleepless nights for me then, I continue to buy.

dyor

regards

active

[philjeans] 22/9/2016 08:22

Not as bad as the knockers would have us believe - great value down here.

And off we go!

[srpactive] 21/9/2016 16:18

Yes very much so.

dyor

[ali47fish] 21/9/2016 15:39

please can somebody explain about this talk of takeover and bids are these rumours?

[targatarga] 20/9/2016 09:32

tony - guaranteed tears; followed hopefully by joy. Not necessarily in that order!

[tony68000] 20/9/2016 09:24

Forgive me I'm new to this. If there is an mbo or takeover, what are the investors likely to get back? Will we see the share price rise while decisions are being made, if so, what sort of levels could we expect?

[srpactive] 19/9/2016 20:51

mbo with the Lamprell family or bid from Petrofac, send their man in,
release lots of negative news, share price collapses then
bid, so tried and tested. Results Thursday.

dyor

regards

active

[coxsmn] 19/9/2016 19:45

srpactive, mbo by petrofac? Lam only recently appointed McDonald from petrofac as CEO and don't petrofac have a huge order backlog plus doing more work in the Middle East.

[kmann] 19/9/2016 15:44

The usual suspects talking it down. Classic buy signal imo.

[srpactive] 19/9/2016 12:01

All this negative talk from the media and a falling share price
with no defence from the management, text book mbo being put in place
imho.

dyor

regards

active

[cjohn] 19/9/2016 11:19

That would value the copmany at about 80m sterling, considerably less than cash and at a staggering discount to net tangible asset value.