Lamprell Share Discussion Threads

[bernymadoff] 23/6/2020 22:46

It's a big positive. That's a big bogey out of the way. Nothing to stop it moving up now.

[jagzoil] 23/6/2020 22:36

No need to be afraid, it's a positive that it's a sell.

[nasnas1] 23/6/2020 22:34

I'm afraid That 1.8 million is a sell!

[bernymadoff] 23/6/2020 22:30

Motley Fools has a NAV of around 46p on these. Canaccord recently put out a 40p target but that was before today's contract. Based on the quantum of recent contracts I'd say 40's is a bare minimum.

[spacedust] 23/6/2020 22:17

Seller clearing

[hms_trader] 23/6/2020 21:29

haha berny, the classic 'anybody stating a remotely negative is a de-ramper' fwiw, i did my analysis and these are my findings and i'm merely voicing them to see if there is reasonable rebuttal (being called a deramper isnt), if there was i'd buy, but so far i seenothing that addresses the point, this is loss making, CoS greater than income, probably why you had thathugesell tody and why 35p spike didnt hold

the uninformed herd may drive this up but unless theres real substance to address the concerns, itll likely be shortlived. lets hope you can get out on the spike hey

[mhin2] 23/6/2020 21:20

berny...lam is restructuring...the best announcement would be more orders and some change in re-structuring plan...

[bernymadoff] 23/6/2020 20:53

You can certainly tell who wants in tomorrow...usually those who are loudest in trying to run down today's news.

Lots sold today and want back in. GL as I think it's going to be chased up on open

[hms_trader] 23/6/2020 20:12

yes but what evidence do we have of that from the company? that they are going to manage the situation so not to have negative margin? without that a'very large contract' only equals a 'very large' loss

[mhin2] 23/6/2020 20:03

HMS_trader. I think the order book is looking good, LAM are re-structuring and think they have learned from their Foray into off-shore wind farms....lets hope so...we shall see, but I like their link with Aramco

[hms_trader] 23/6/2020 19:54

this company always makes a loss on its contacts, check the numbers, so even at 150M itll be a loss maker - for the past 3 years the cost of sales has been greater than the turnover

[iamgreat1] 23/6/2020 18:31

https://www.oedigital.com/amp/news/479573-china-s-jutal-nets-offshore-wind-fpso-orders-worth-283m

[iamgreat1] 23/6/2020 18:18

https://www.energyvoice.com/otherenergy/244082/breaking-uae-firm-wins-multi-million-jacket-contract-for-mammoth-seagreen-offshore-wind-project/

[dubian99] 23/6/2020 18:16

$150m on the b sheet that wasn't this am, more in the pipe line,
good luck if your maths has this a value detraction

[mhin2] 23/6/2020 18:14

East Anglia ONE was a £2.5 billion project Lamprell contract was USD 225m. Seagreen is £3bn...whats the contract worth to Lamprell? usd 275-300m? The Jan contract with IMI was USD 350m. SNOC contract between USD 50-150m (say 50) Thats USD 675m contracts since Jan.

with 17% thats just under USD115m return

[babbler] 23/6/2020 18:06

No not good. Great!

[babbler] 23/6/2020 18:05

No it's a sell. Which is great... As it means they are closer to completely gone for good.

[pauladrew] 23/6/2020 17:14

After hours buy 1.8m just gone through

[pauladrew] 23/6/2020 17:11

After hours buy 17.07 119,389 at 23.80p so looking good

[jayminpatel1] 23/6/2020 17:04

After hours dump of 100k at 20p not good

[jayminpatel1] 23/6/2020 16:44

Maybe once it's done they will let it go as they had no problem doing it on 5th him and went from 20p to 35p in a flash since then closed below 20p yesterday so should have been around 30p close today Maybe tomorrow the tables will turn

[kibes] 23/6/2020 16:39

This smells to me. I am getting the feeling MMs didn't really want this rise at the moment and are dragging it down, perhaps to fill a large order.

[spurslegend1] 23/6/2020 16:33

Lamprell to Manufacture 30 Seagreen 1 Jacket Foundations