Lamprell Share Discussion Threads

[brando69] 26/3/2014 11:39

think of the fun we could have had trading this share over the last fortnight... increasingly i am becoming a fairweather investor...

[srpactive] 26/3/2014 11:34

Very very doubtful, with the most optimistic view I think 146.25p
would be stretching it.

dyor

regards

active

[dalailama] 26/3/2014 11:22

Finish blue?

[brando69] 26/3/2014 11:19

and remember we haven't seen the start of the revised forecasts start to trickle through yet...

[brando69] 26/3/2014 11:19

and remember we haven't seen the start of the revised forecasts start to trickle through yet...

[brando69] 26/3/2014 11:17

though to be fair to me, I did say when it was at 134:


brando69 26 Mar'14 - 08:42 - 12930 of 12958 0 1 edit

i would reckon we'll see it back around 142-144 later

brando69 26 Mar'14 - 08:43 - 12931 of 12958 0 0 edit

we had an amplified rise into the results

and now we're getting an amplified reaction

[scobak] 26/3/2014 11:17

Back to 140p and rising.

[brando69] 26/3/2014 11:14

in fact i would put it at 6.66/20 hindsight. 20/20 would have been selling the lot at 148, and buying back the lot at 133

[trigger blade] 26/3/2014 11:11

Excuse me brando69, where were you yesterday? I only ask because I was in turmoil about whether to sell or hang on and would have appreciated any guidance at that point.

As I predicted, I did the wrong thing and instead of selling at break even, I'm losing money again, so I'm not partial to your 20/20 hindsight. Actually, as you only sold half, not all of them, that must be 10/20 hindsight.....

[brando69] 26/3/2014 11:07

not really... the smart thing would have been to sell the lot into the close... seen it so often - rarely pays to hold into results.

[scobak] 26/3/2014 11:06

Smarty Pants!

[brando69] 26/3/2014 11:04

of course the clever thing to have done was to sell yesterday and buy back today... i sold half mine yesterday, and am considering buying them back now.

[skinny] 26/3/2014 10:57

Canaccord have broadened their coverage genarally of late.

Off the bottom atm.

[plunger2] 26/3/2014 10:52

Notable also was Canaccord's presence - don't remember them being around before.

DYOR

[abcd1234] 26/3/2014 10:35

great stuff

[plunger2] 26/3/2014 10:33

Great presentation. Much happier now. £3 is back on the cards for me - maybe not in 2014. If they get a bidding break this baby will fly.

JMHO DYOR

[davr0s] 26/3/2014 10:23

Still listening to the presentation - really good as a PI being able to dial in. CEO mentioned that they are down to 1of1 in 3 rig deals (think that is what he said) so inference was if the prospect goes ahead it will be lamprell. Anyone know what a typical rig deal is worth?

[brando69] 26/3/2014 10:17

expect to see a steady rise back to the 140s now

[birt] 26/3/2014 09:49

LAM.L LAMPRELL
STAY LONG
Last Pattern:NO PATTERN
Last Close:149.0000 Change:+4.5000 Percent change+3.11% 6 mo.Rating3★£100⇨127.9212 mo.Rating2★£100⇨158.3824 mo.Rating1★£100⇨207.21Signal Update Our system's recommendation today is to STAY LONG. The previous BUY recommendation was issued on 3/21/2014, 4 days ago, when the stock price was 131.1875. Since then LAM.L has risen by +13.58%.Market Outlook You may relax since our STAY LONG position is secure. The market action does not cast a serious doubt on the wisdom of going long.

Chill out, LOL. Good o'l British Bulls.

[skinny] 26/3/2014 09:32

Just updated this minute -

[muckshifter] 26/3/2014 09:31

No sign of the promised presentation on the website?

[bad robot] 26/3/2014 09:31

These crooks should be taken to the cleaners.


Target 0p

[hippo] 26/3/2014 09:23

srpactive - what I was hoping today, is we would see the results that were delivered which made it a very good recovery year. Then perhaps I was expecting a weakening of the order book, certainly on a year by year basis (due to change of direction), but not so significant. I think the nail in the coffin is rather than being able to say something positive about the order board going forward, they have warned for the next 2 Financial years.

I was not expecting contract news, as I would expect that to be announced as it is won, can't be held back.

I was also hoping they would give some indication of a return of dividend, but you have to ask now, whether they can even remain profitable over the next 2 years, so a divi is out of the question.

The drivers to the £2 barrier in my view, were good set of results, no significant change in order book, a relatively stable bid pipeline and clarification on the divi.

2 out 4 - more effort needed ;-)

[plunger2] 26/3/2014 09:11

Yes srp it's hard to ignore that conspiracy theory; particularly given the BoD connections with the bigger fish such as PFC; and not forgetting the Lamprell family.
Furthermore just to note - they sold Inspec for $66m - it seems to have been in LAM's books at just $19m. So how much of their assets are in the books at well under their market value?

A long day awaits...

JMHO DYOR