Lamprell Share Discussion Threads

[targatarga] 07/7/2017 08:21

plunger - yes, and if you look their offer wasn't much above the price a few months back! imho

[plunger2] 07/7/2017 08:03

I notice CIU bid for today at 46% premium.
Consolidation and corporate deals in the sector are inevitable IMO

JMHO

[aimingupward2] 16/6/2017 15:19

The price drops and shake out this morning, followed rapidly by a total recovery this afternoon, suggest to me that the market foresees a need for stock and has tried to scare some holders into selling, possibly in some case by triggering stop losses.

We shall see!

[plunger2] 14/6/2017 16:26

It used be "you can't fight the Fed"
Now it's "you can't fight the PoO"

It's completely illogical and LAM could do very well but the market is in a complete funk regarding all things to do with oil. Long term thinking is = the end of next week!

May go on some or may not - who knows.

[aimingupward2] 14/6/2017 10:05

Or more. Why stop, or even pause, at 122p?

[srpactive] 14/6/2017 07:30

Morning, a little resistance at 115.5p, after that
we could experience a run to 122p, dyor.

[aimingupward2] 13/6/2017 12:36

I agree. It's beginning to look promising.

[srpactive] 13/6/2017 12:24

Looking better, now.

[srpactive] 06/6/2017 08:40

After reading this article, it shows we are really in the right place,
but imho we will be bought out very soon, dyor.

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Saudi Cash Stirs Up Buyout Game -- WSJ
06/06/2017 8:02am
Dow Jones News

[srpactive] 05/6/2017 16:18

Good break out looking very good here for a challenge of
120p then 140p, dyor.

[srpactive] 05/6/2017 10:07

tt

Yes I feel we have turned the corner, could even draw
out a larger investor that wants to be part of the deal
and buys Lamprell to get it, dyor.

[targatarga] 05/6/2017 09:29

Feels like we've a little wind in our sails....

[srpactive] 03/6/2017 11:35

This another interesting one, could we have GS getting involved here?
dyor
============================

Goldman Sachs is trying to expand its business in Saudi Arabia by applying for a licence to trade shares. Times

[plunger2] 02/6/2017 16:52

Link to IC Articles:

[aimingupward2] 02/6/2017 16:01

Thanks guys. All very encouraging.

[wynmck] 02/6/2017 15:10

google.....lamprell gets into bed with aramco

[srpactive] 02/6/2017 14:50

Last part.

The deal will not only improve earnings visibility, but
will boost the group's regional profile. Meanwhile the
commercial tie-up with Aramco should lead to further work
on other projects. Hold.

[friendlybrit] 02/6/2017 14:41

Lamprell is one of four partners in a “transformational” $5.2 billion joint venture that opens up a potentially lucrative entry into the industry’s most important market.

Times

[aimingupward2] 02/6/2017 14:02

Can you add a little as to what the Times and IC have said please.

[srpactive] 02/6/2017 14:00

The IC are positive today also, dyor.

[backwoodsman] 02/6/2017 12:29

There was a significant article in The Times business pages yesterday

[targatarga] 02/6/2017 10:52

Hopefully the analysts and tipsters will shortly get on our bandwagon....

[plunger2] 01/6/2017 13:03

I could hardly be accused of impartiality but I remain amazed that you can still buy this at under 120p.
I think people are just running from everything to do with oil.

Just suppose that the price here was £5 (giving a market cap of £1.7Bn) would that be ridiculous for an entity (a) piles of cash (b) a very good UAE business (c) a 20% exposure to a $5Bn KSA flagship investment?

And all this in the most low cost oil producing geographical area.

JMHO GLA

[pvee] 31/5/2017 20:48

Not many posts here but all I can see is postives from this announcement.

Plenty of time to to get in tomorrow as the share price started to drop towards the end of the day presumably on the back of the sector in general in advance of tonight's report on oil

[targatarga] 31/5/2017 11:22

Should soon hear about the large compensation payment!