Lamprell Share Discussion Threads

[eastbourne1982] 09/11/2015 23:47

Why ??

I bought this thinking possible downside could be £1, possible upside could be £1.50 plus, I'd say that is decent risk / reward, what is your position, I imagine you don't have one.

[brando69] 09/11/2015 13:16

1.14 looking expensive now!

[eastbourne1982] 05/11/2015 15:02

Bought today at just under £1.14.

[bulltradept] 05/11/2015 14:23

AMFW affecting LAM PFC etc etc.

[gucci] 04/11/2015 12:11

I'm not saying anything!
I seem to jinx it every time I say it's up !

[srpactive] 04/11/2015 11:57

Yes a close above 122p would be ideal, 125p excellent.

dyor

[gucci] 04/11/2015 08:46

starting the uptrend

[gucci] 03/11/2015 22:18

Thanks for that info active

[srpactive] 03/11/2015 21:22

Yes due to closing above 121.75p, triple bottom formed.

Needs to stay above tomorrow, then we might be in for a challenge
of 140p.

dyor

regards

active

[gucci] 03/11/2015 15:18

seems to have formed a support at these levels

[gucci] 02/11/2015 11:54

perking up again today

[brando69] 30/10/2015 10:10

hope so.

big swings on small volumes - feels like blatant manipulation

[gucci] 30/10/2015 09:45

back towards 140p

[plunger2] 29/10/2015 15:16

Well remember LAM has lots of cash. About 57p per share. So the business is being valued at just 56p odd. Crazy.
The Lamprell family own about one third of the total and they haven't looked like sellers.
As long as the ME keeps pumping away LAM's rigs should be in demand and their business may do just fine even in a lower POO environment.
The management turnaround looks complete now. So Kennedy + co have turned a sleepy old outfit into a well oiled machine. And Kennedy has ponied up more than £1m of his own money buying shares.
Having said all that it's a bit of a tiddler and flies below the radar for most.

I intend to stay put here till £2 at the very least. How soon will be governed short term by POO. If Brent remains in sub $60-70 range things could be dull enough but sentiment can turn quite quickly once it does. If it does the rewards are obvious.

We'll see.

DYOR JMHO

[brando69] 29/10/2015 11:55

well it's now at what has proved a support point four times in last few months.

[davr0s] 29/10/2015 11:06

Haven't held this for a while but getting into interesting territory to renter. What do people see as the major catalysts/key events for the share price nowadays?

[bookbroker] 28/10/2015 09:23

Nice thing about this co. is its fortress balance sheet1

[plunger2] 28/10/2015 09:19

In tandem with the LAM newsletter I note that there are currently plenty of jobs up for grabs:


They must be busy enough.

I think that once the market believes a floor is in for the Oil Price the sector will attract plenty of interest. But when will that be?

[deanowls] 07/10/2015 13:11

hxxp://www.lamprell.com/~/media/Files/L/Lamprell-v3/times-newsletter/LT%20Q3%20-%20150915_online.pdf

I know you all love a good read, as usual replace the xx with tt

[gucci] 06/10/2015 15:16

Taking off!

[brando69] 06/10/2015 13:48

seems to have bounced strongly off the 110 mark a few times.

[plunger2] 14/9/2015 09:22

Rinse and repeat.
There was some decent buying in 130s. I think the MMs enjoy these bouts of offloading where they can stock up till somebody bigger wants a few.

All a bit boring; although I prefer being bored in the 140s!

GLA