Lamprell Share Discussion Threads

[andymunchkin] 24/4/2023 13:21

andymunchkin24 Jun '22 - 16:41 - 16615 of 16775 Edit
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Leeson314 Feb '07 - 10:24 - 46 of 16611
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what sort of MCAP figure are people here envisaging in due course ? about a billion ??

cheers; Leeson
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awise355 8 Jan '17 - 10:04 - 97 of 102
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Why did the company drop in 2012 and never recover since?
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shipSSinkin wiTh theRiG
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dealy27 Jun '22 - 13:38 - 16633 of 16775
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Premier Milton dumped their 5% holding on Friday. That alone could trash a stock price. Smart or just frustrated ?
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PWhite7327 Jun '22 - 00:31 - 16630 of 16775
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There are two threats to suspension. The first is tomorrow when they default on a loan the second is 30/06/2022. If a company defaults on a loan by reason of not being able to pay then it is technically insolvent. It is a criminal offence to trade whilst insolvent so a suspension RNS could come as early as 07:00 tomorrow.

Main listed companies have four months until the year end to publish the results. Under Covid rules another two month extension was granted. The year end for LAM is 31/12/21 which means the results would normally have to be out by 30/04/222. An extension to 30/06/22 has been utilised. There can be no further extensions beyond 30/06/22 unless the company opts to change its year end date.
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[ali47fish] 28/9/2022 06:23

what the rns about change of index?

[glavey] 14/9/2022 15:24

And the following day it's confirmed for you:

9 September 2022
Issue of Equity

The New Ordinary Shares have been used to satisfy awards which have vested under the Company's Performance Share Plan and Retention Share Plan ("Share Plans") in connection with the cash offer from Thunderball Investments Limited...


Name of Director PDMR / No. of Shares vested this time / Total Share holding under plan / Total percentage holding / Shares outstanding over which rights have been granted under plan.

Christopher McDonald 1,562,919 2,505,004 0.6% Nil
------------ ------------------- ------------------- -----------------------------
Tony Wright 732,339 911,980 0.2% Nil
------------ ------------------- ------------------- -----------------------------
Alex Ridout 532,774 827,882 0.2% Nil
------------ ------------------- ------------------- -----------------------------
Peter Ireton 665,754 1,131,745 0.3% Nil
------------ ------------------- ------------------- -----------------------------


Kerching!

[dealy] 08/9/2022 08:09

it's called a stitch up

[targatarga] 08/9/2022 07:26

Why would people pay over the offer price?

[kadvfn1] 08/9/2022 07:13

Wow such a massive contract and now the company is going private...

[exbroker] 25/8/2022 13:54

d20814
In a word NO
You would do if they got to 90% then they can acquire your stock regardless.
As this is an offer not a scheme, they don’t need 75% of holders voting for it.
Get the paperwork in and you will get paid when it goes through.

[d20814] 25/8/2022 12:28

If you don't accept and it goes through I take it you still get paid ?

[exbroker] 25/8/2022 12:11

I have had a good look at the document and without the bid this company is bust, best get the forms in ASAP!

[exbroker] 24/8/2022 11:27

ali47fish
We all make mistakes; I am going to accept the offer for my shares. What is the value of the company without it, I suspect very little or even 0.
Learn and move on as I am doing!

[ali47fish] 23/8/2022 08:15

my broker has sent me a wad about the offer to accept it or not - i am minded to say no- how do people here react

[farrugia] 17/8/2022 15:29

you should stop spamming blackhorse.

[blackhorse23] 17/8/2022 10:30

Bought some MCL (LSE) which looks very attractive, mcap 6m but revenues 200m

[monte1] 15/8/2022 09:37

A bird in the hand and all that.

[kadvfn1] 15/8/2022 09:26

Any reason why people will sell under 9p offer?

[dealy] 13/8/2022 09:51

the offer (9p) is the lowest they could've offered because Sami paid 8.5p in the market.only game changer could be a huge contract win or a large asset sale in the next few weeks

[farrugia] 12/8/2022 13:04

so what is the offer that was supposed to be published? it doesn't seem much if the stock price is at these levels?

[ali47fish] 12/8/2022 12:00

so what now wait for the paltry 9p or nay other alternative?

[targatarga] 12/8/2022 10:19

Sidarthur - and the point is they were entering into contracts they couldn't complete. My feeling is even the circling vultures may get left with a nasty surprise. Lamprell have been run into the ground over a long period imho.

[sidarthur2] 12/8/2022 07:44

Targata - they missed deadlines and were hit by some draconian penalties. The writing was on the wall for this shower when a few years ago the CFO left very suddenly without explanation. The shares were around 160 at the time from memory....

[livewireplus] 12/8/2022 07:13

Indeed ... your premonition came true fairly promptly....

[kadvfn1] 11/8/2022 09:17

Looks like we'll be back to trading soon

[targatarga] 08/8/2022 07:31

Lamprell make amazing statements regarding their past and future progress. However they never explain how they're lost so much on their contracts ie 200 million on the East Coast project. Imho