Lamprell Share Discussion Threads

[alamaison5] 17/1/2019 09:24

Do you know the profit margin on these deals? I do.

Someone just sold 100,000 shares at 56.5p. Let's see if there is more coming...

[spacedust] 17/1/2019 09:10

Together with 200mn5 they have in the bag. Plus any deals from Saudi.....i think LAM can now leave the bad stuff behind and look forward

[tonynorstrom1] 17/1/2019 08:57

How much of that 6B will translate into awards? Let’s assume that 65% will award this year and Lamprell are successfull 1 in 5 bids - maybe $780m in new awards?

[spacedust] 17/1/2019 08:35

You could well be right but if the bids are now 6bn instead of 4bn that's a massive upside in potential.

[alamaison5] 17/1/2019 08:25

Space: What? Taking it down? Shows a lack of confidence to me. As I said, nothing exciting.
No news for another week and LAM will fall another 5/10%...

[spacedust] 17/1/2019 08:24

He won't buy any.

6bn pipeline very positive outlook.

[tonynorstrom1] 17/1/2019 08:24

Yes and a rather muted response so far this morning. Market does not appear to be overly impressed.

[spacedust] 17/1/2019 08:17

Interesting price action yesterday prior to rns......

[tonynorstrom1] 17/1/2019 08:16

Spacedust,

Outlook very positive - where is this in the update. They talk about tough environment. Also revenue guidance at the low end may indicate no further substantial awards in the near term. The only way I could read this as positive is if the update is conservative which we don’t know.

[cinquepercento] 17/1/2019 08:16

Alamaison:Re:56 pence:

You have been proved correct!

You are there! 56 pence! Well done!

Will you buy some now?

[spacedust] 17/1/2019 08:12

the bid pipeline has increased to approximately USD 6.4 billion (30 June 2018: USD 4.1 billion)

Rvenues of 250 to 400million in 2019.

[bookbroker] 17/1/2019 08:02

The additional resources at H&W does look like a red flag, let’s face it, they have warned enough times about cost over-runs, time will tell, otherwise everything else has the normal vague tone as comes naturally to this company!

[spacedust] 17/1/2019 08:01

I expect a rise andv90p by april

[spacedust] 17/1/2019 08:00

Outlook is very positive.

[bulltradept] 17/1/2019 07:54

Jam tomorrow, or next year perhaps. maybe, if you are lucky, but there again perhaps not...

[tonynorstrom1] 17/1/2019 07:52

Interesting share action end of yesterday - let’s see what happens this morning. Couple of things that caught the eye:

Revenues and costs in line with previous guidelines-no mention of fabrication issues and additional costs that some have mentioned.

Additional Lamprell people added to Harland & Wolf yard to meet schedule. You would assume this comes at a cost but no mention of this other than as stated above.

Fairly neutral update - have to hope that they are being conservative and that a few new awards are around the corner.

[alamaison5] 17/1/2019 07:40

space: your thoughts?

71m loses, 80m in the bank, only a letter of intent from the Saudis etc...
Nothing exciting really...These contracts need to materialise this month or the market will punish LAM for been too optimistic, again.

[spacedust] 17/1/2019 07:14

Trading update rns out!!!

[spacedust] 16/1/2019 19:46

Almost there alamaison. I believe you will get in. I don't think you want to be out of our train.

[alamaison5] 16/1/2019 16:34

I hold: LEK, HNR, CORO, GEO, FFWD.

[cinquepercento] 16/1/2019 16:14

I agree with the averaging down principal,Alamaison5 because as long the share is solid and eventually recovers,it is a win-win situation.

I will just hold for the moment as per Spacedust.

What I would like to know,Alamaison,are you already holding some Lamprell or not?

[spacedust] 16/1/2019 15:25

Good luck alaimason and will be great to have yoù on board.

I believe in the prospects here. And will hold

[alamaison5] 16/1/2019 15:11

The other way to make money on this market is to buy more shares every time they're going down by 10/5%.

I did it with LEK, £3k at the time, down to 7.7p (£6k). Sold these at 11.7p.
I still own 40,000 shares at 13p though.
But these will be averaged down with the same system.

[alamaison5] 16/1/2019 15:04

Well, 59p is here on the ASK waiting to be taken but ...no buyers yet.
They'll have to take it further down.
56P then :-}
Patience is the key.

[tonynorstrom1] 16/1/2019 14:12

Market makers don’t decide to sell - they create a market to match buyers and sellers. Investors decide to buy or sell.

Hopefully we get a positive update on new awards, revenue and earnings.