||EPS - Basic
||Market Cap (m)
|Oil Equipment Services & Distribution
|Lamprell Daily Update: Lamprell is listed in the Oil Equipment Services & Distribution sector of the London Stock Exchange with ticker LAM. The last closing price for Lamprell was 101p.|
Lamprell has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 341,726,570 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Lamprell is £345,998,152.13.
|plastow: Share price above a pound!! In the near future|
|srpactive: 3rd eye
Good post I started buying more after the double bottom at 58p,
one of my picks for 2017, fund managers take note.
My lam share price target for year end 2017 is 200p, and I also
feel we will get our first dividend for many years.
|srpactive: Chart is looking much better, share price just touching
the 200ma, and the 50 has just crossed the 100dma.
Do you have a date, save me hunting for it?
|aimingupward2: There's been a lot of selling this morning and very little buying but the share price has absorbed it and even risen. Bit surprising.|
|chillwill: I read the RNS as "we've fired our last CEO for poor performance, he'll be staying on for a while so it doesn't look like we're admitting so". We've hired someone else to have a go.
But... share price is recovering so a bit of sentiment is returning. If 72p is broken, I'd expect 80p with relative ease, barring any bad news in the meantime!|
|srpactive: 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.
|srpactive: 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
|gbill11: Just come across this one. Having looked at the accounts, the current business and the assets this company holds this stock looks extremely cheap. Not surprisingly there are some negative posters around but this always happens when a share price hits new lows. Low sentiment equals a buying opportunity. I'm in.|
|plunger2: 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.
|durby: tipjunkie / DavR0:
The nil paid rights (appears as "LAMN" in your account) can be traded in the market. So the price you are seeing against it is the price you can buy / sell the rights in the market. The 88p is the amount you need to pay to exercise each right (each right will allow you to buy 1 LAM share at 88p).
To give an example, say I buy one LAMN from you. I have to pay you 60p (or whatever the price is when you are selling and I am buying). Then when I exercise the right associated with this 1 LAMN, I have to pay 88p to Lamprell to buy 1 LAM share. So my overall cost comes to about 60p + 88p = 148p (almost today's LAM share price).
So these are two different numbers.
The options you have are:
a) You don't want to subscribe to the new shares. So sell your rights (today it was trading at 57 to 59p range per right) and take the cash. The 60p you are seeing against it is the price you will *potentially* get per right if you sell it. You need a buyer of course.
b) Exercise your rights fully - in this case you will have to pay (88p x number of rights in your account).
c) Exercise your rights partially - in this case you will have to pay (88p x number of rights out of total allocated to you that you want to subscribe). You can of course sell your remaining rights and get cash.
d) Do nothing. Well if that's your plan, I will try option (a) - otherwise it is hard to say if / how much you may get paid for it.
Hope that helps.|
Lamprell share price data is direct from the London Stock Exchange