Lamprell Share Discussion Threads

[sphere25] 15/10/2020 14:14

That going concern statement is why this has been highlighted as higher risk. 32p keeps holding though - key mark where the bigger buyers are stepping in. Needs to keep holding or this could do a plunge. It is one that is prone to big moves either side. Alot of selling out there, hard to trade this market on the long side atm.

[nasnas1] 12/10/2020 07:29

Can anyone confirm if refinancing has happened yet? The key assumptions made in reaching the going concern conclusion include that both a major contract win and refinancing will be secured by the Group within the coming 12 months. Should these not crystallise, significant cost cutting and restructuring measures will be required to maintain liquidity.

[nasnas1] 12/10/2020 07:15

That was me :)

[stuie] 09/10/2020 15:45

Took some off the table today. 2 weeks of rises , due a bit of a pull back .

[topnotch] 09/10/2020 10:52

Just saying they could have bought it cheaper

[sphere25] 09/10/2020 09:29

Should have invested in stonks because clearly stocks never only go up :-) Nibbled a few, stop just under 30 - risky short term play but the shift in sentiment looks interesting. Testing that resistance now. Resistance is futile or is it?

[topnotch] 09/10/2020 09:06

Yeah, not sure what that means

[glavey] 09/10/2020 04:05

Stonks only go up.

[sphere25] 08/10/2020 15:36

Watching the moves here, it doesn't look like the market is worried about financing. Clearly can't rule out a placing in these intricate times (very much a risk!) but there are large buyers here who continue to mop up all sellers and push the price higher. Interesting chart which is coming up to test a key resistance point. Is there a genuine shift away from bearish sentiment with this risky dog? Surely not?

[paulisi] 06/10/2020 12:06

Indeed and repeated again in his speech.Still need to win the contract.

[paulisi] 06/10/2020 11:14

Just need a contract win announcement...

[stuie] 06/10/2020 11:14

Today's quote from the PM about wind power seems to have been the push we needed.

[topnotch] 06/10/2020 10:56

IT's taken it's time and hope it's worth the wait - first target 34p???

[stuie] 06/10/2020 09:23

Been waiting for this break of 28.40. Should see some fireworks if it can close above today.

[glavey] 06/10/2020 04:44

Raise on the way?

[stuie] 05/10/2020 12:00

28p today, 0.5p away from breaking the swing high. No traffic to the left, can't believe they will let it get past 28.5 without news , but could get lively if it does.

[topnotch] 05/10/2020 08:29

Yay, they're £140.58 up!! This REALLY needs to break out of it's 28p major resistance level

[stuie] 01/10/2020 09:36

Sea of sells today. This will finish negative. Makes me laugh that people still expect contact wins to be put out with results. It never happens.

[topnotch] 01/10/2020 08:20

Well, that was a disappointing - I had a bigger rise in my pants this morning

[bookbroker] 01/10/2020 07:51

But talking about raising capital!

[losses] 01/10/2020 07:45

Webcast link:httpS://webcasting.brrmedia.co.uk/broadcast/5f64c07483507b593b46bc85

[stuie] 01/10/2020 07:41

Web meeting on company website at 9am , could see some share buying once that is completes.