Lamprell Share Discussion Threads

[paulisi] 03/8/2021 07:20

Reasonable trading update, but the low margin IMI projects are still a concern.

[shaf200] 22/7/2021 10:47

Maybe a little low.. try more like 25-30... but buy I shall at some stage... made a lot trading this over the years...

[tyroneshares] 20/7/2021 08:55

I think I'm still in as it's called hope. Idiots we are for sure.

[shaf200] 07/7/2021 10:48

What ever price offering is placed at... the share price will go down to that and even though I'm no longer a holder, I'll get back in... cant understand why people are still holding...

[kibes] 03/7/2021 08:44

With a market capitalisation currently £167 million they need to raise a similar amount. New shares will have to be at a discount. It will need to be more than 100% dilution however if it can be done the company should be in good shape. The prospect is not very appealing given the current unsustainable position so the new shares will have to be at a big discount, perhaps offered at 20p. I'll wait and see. They need to get a move on or confidence will drain away.

[targatarga] 02/7/2021 10:24

The longer it goes on the cheaper it'll be .... imho

[dagsteeth] 02/7/2021 09:54

Try at 20p

[targatarga] 01/7/2021 11:26

Could be a fundraise around 33p

[shaf200] 29/6/2021 17:11

Sold out at 50p... 117% profit.. but an annoyed... will buy back at 25p

[paulisi] 29/6/2021 09:42

The share price rose on significant opportunities within the renewables sector.

[glavey] 29/6/2021 09:02

They advised they needed funding a year ago and nothing much has changed. They are still loss making and that phase is not over yet, as they candidly stated in 2020 and again, even more plainly, today. One might wonder why the share price rose significantly over the past year, but one might also wonder that about a good number of other stocks too. The conclusion is similar.

[dagsteeth] 29/6/2021 08:35

Didnt say you cant trade it on volatility...but fundamentals will win out, which is why there's still a long way down. A company running out of cash is not investable

[letmepass] 29/6/2021 08:34

That's why I'm 10% up already today

[dagsteeth] 29/6/2021 08:27

Uninvestable

[paulisi] 29/6/2021 08:25

Potential is there, especially in renewable- but need to sort cash flow and legacy contracts.I'll hang fireWith company split into 3 divisions, I can see the rig section getting sold off.

[letmepass] 29/6/2021 08:22

Just adding as much as possible at this level

[pugugly] 29/6/2021 08:19

No 1 on loser list - back to 20p? Bust or twist?

[targatarga] 29/6/2021 08:07

Toxic company... surprised they're still in business. They take on loss making contracts time and time again!

[pugugly] 29/6/2021 07:53

Going concern warning - (imo) Deep red on opening BWFDIK. https://www.investegate.co.uk/lamprell-plc--lam-/rns/2020-financial-results/202106290700044446D/

[bulltradept] 29/6/2021 07:26

Near term risks, I wonder at what price shares might be issued if it comes to that?

[paulisi] 29/6/2021 07:12

Terrible results - need a big cash injection. Projects with little or no margin.

[barrywhit] 28/6/2021 09:46

Results tomorrow, fingers crossed..GLA

[barrywhit] 13/5/2021 07:57

Lets sort out funding first, will give a much clearer picture going forward..IMO

[stuie] 13/5/2021 07:56

I'm sure it's nothing sinister, but markets hate results being delayed. Short term pain for long term gain, if the results are good .