Lamprell Share Discussion Threads

[bearnecessities] 20/7/2020 08:56

His latest pump is SYME and SNG. Will be no mention of them if they go red I'm sure.Nice to see a positive start to the week here, though.

[stuie] 20/7/2020 08:44

Blocked by the top ramper AIM top pick. Told him he was working for the institutions. He obviously did not agree. Interesting start for us nice gap up then retrace but not enough to completely fill the gap. Also they seem to have very early put a floor in on today's price of 21.70 which keeps that lovely rounded bottom or fry pan bottom some call it . Interesting day ahead loads of volume so far.

[stuie] 19/7/2020 15:47

I Don't know what to make of this S Korea contract win. It is against market rules for a company to withhold information that would have a positive or negative impact on the share price. Guess we need to wait for Wednesday.

[kibes] 19/7/2020 12:30

The S Korea contract for 575 billion won is roughly £380 million. That is rather a large amount.It seems to have been awarded to Lamprell effective July 8th according to the link posted earlier 16102 by Master RSI.

[stuie] 18/7/2020 15:25

With regard Wednesday, I can't remember ever owning a company that has put out contract news in a trading update, so my worry is that they may be updating on the cash flow or lack of. I think the volume this week positive or negative will give an indication as what to expect Wednesday.

[stuie] 18/7/2020 15:19

The article also points out that the company may have liquidated assets to free up cash since this note was put out. I know they are down to 1 yard only now so that 46p figure could be very top heavy.

[readdin] 18/7/2020 09:15

2 Recent contracts awarded, a new contract in south Korea last week (un-reported) a chance of the Saudi contracts too, But the price has not changed, At some point these will be priced in and the share price should catch up (hopefully) and with the push for greener energy its got to be a positive ?

Ps, if you like Lamprell shares check out AFC energy, Again an underrated energy company that is set to fly, I am not trying to push the price up, Yes i am in and it is always great to see the price rise, But do your own homework. Just thought i would share so you have some weekend reading & remember, Sharing is caring.

Fingers crossed that Wednesday see's good news for Lamprell and the share price rises accordingly.

[glavey] 18/7/2020 06:04

Great reseach that.

[davidspringbank] 17/7/2020 17:40

According to Motley Fool, the value of each share is worth around 46p. But that was before the recent contract awards. So, I am quite happy holding. I'd like to see the shares get back to that price.

[coxypete] 17/7/2020 13:29

Wednesday 22 July - Company will give a trading update, hopefully things will come out well, with cost savings going to plan etc. A nice new contract win before this two would be nice. Price should pick up slightly ahead of Wednesday IMHO

[coxypete] 17/7/2020 13:24

Yep I got block by him when called him out a few weeks back - I was polite in feedback - but just a straight block - a quick search on Twitter and you'll soon see what general opinion of this guy !

[stuie] 17/7/2020 13:21

I am guessing the company are crossing their fingers They can pick up 1 maybe 2 of the Saudi contracts because my view is they will probably need to come to the market soon. The cash flow position is a problem and I could see maybe a placing just after some good news, if it is forthcoming.

[bearnecessities] 17/7/2020 11:27

'I hope this avoids other rampers/bashers' is on his Twitter profile paragraph. Audacity of this guy is unbelievable!He's the biggest ramper on there. Always posting the order book pics, and buy vs sells ratio.

[martinpmh] 17/7/2020 11:01

The ‘AIM Top Pick’ ramper is the worse..you call him on it and he blocks you, he was ramping Lamp on Wed then when it dropped he deleted all his posts and has now moved onto ramping another share..people be careful. This share, IMO, is good value currently but it is fluctuating a lot so if you havnt got the stomach for 10-30% paper losses in the short term I wouldn’t dip my toe in

[jodxb] 17/7/2020 10:39

I'm new to the board. I have a good insight and sources that say current projects are being delivered on time and with a profit for the company.

[stuie] 17/7/2020 10:07

If they could actually make some money from their contracts, we would all be on the beach .

[martinpmh] 17/7/2020 10:00

Agreed, I’m relatively new to this and the amount of underhand people is crazy. This company has diversified in the last year or so into renewables which is a massive market. The company should do well but needs to stop signing upto contracts with crazy deadlines which inevitably lead to them paying liquidated damages when they don’t complete on time. The fundamentals are ok, I like the steady climbs, these 10-20% moves show the share is being ramped

[stuie] 17/7/2020 09:09

Bang on mate, just think how easy it would be for a institution to set up a twitter account pumping all the shares they want to get liquidity from. I love the one about the MMs are short of stock, ha ha the company was in a huge downtrend and everyone and their dog had been dumping all the way down from double figures down to 1p.

[bearnecessities] 17/7/2020 08:28

This is a good company, but you are right. There are some serious rampers on Twitter, and by serious I mean professional.They claim to be impartial but they are far from it. Top AIM picks is one of them. Absolutely frothing at the mouth at this share on Wed and it hit 24p+. Not a peep yesterday when it lost all it's gains, and some and was ramping another share instead.DYOR is key. Look at the fundamentals and make an informed decision. You can then at least be happy with your decision to invest.This share is worth much more than it is currently priced on assets alone.GL all.

[stuie] 17/7/2020 08:26

Absolutely not. The 23.7 level is huge. The MMs know that . Maybe some news or huge volume to get through that and we will push quickly. I will be buying a larger position when we get past the key area.

[kastru83] 17/7/2020 07:27

So what do you reckon? LAM is dead in the waters and not worth investing in?

[stuie] 16/7/2020 22:29

These Twitter rampers , if they are not run by institutions, they certainly are being monitored by them. They get retail investors to buy in a frenzy of so called up coming news and no stock available, and what happens. The MMs monitor the ramps, push the price everyone piles in, then they push the price down next day triggering stop losses and trapping retail traders . Exactly what happened to LAM today.

[martinpmh] 16/7/2020 19:51

Be careful of the Rampers around this share..the last few fridays have started off well and stayed around 3-5 % as people are expecting a Friday ‘announcement’ for it to tail off in the last 30 mins of trading..this has been the pattern

[master rsi] 16/7/2020 14:35

There is a link to contract win in South Corea, but no news here ...

Samgang M&T' rises more than 10%, offshore wind power generator sub-structure production 575.8 billion won (14.97% of sales)
Input 2020.07.16 13:01

Announcement of recently announced orders
-Offshore wind power generator substructure production 575.8 billion won (14.97% of sales)

Samgang M&T (6,200 +11.11%) (100090) signed a single sales and supply contract for manufacturing offshore wind power generator substructure 09 Disclosure on work.
The other side of the contract is Lamprell, and the contract amount is 575.8 billion won, which is about 14.97% of Samgang M&T's sales of 384.53 billion won. The term of this contract is about 9 months from July 08, 2020 to April 22, 2021.
Meanwhile, the contract was reported to have been signed on July 08, 2020.

[stuie] 16/7/2020 10:31

Noticed we were being actively pumped by some twitter hero's giving retail investors so called trading information. Funny thing is the companies quoted tend to move down the day after, trapping retail investors. Please be careful, get sucked into believing people to go long when penny share companies are in a massive 1 year plus downtrend. I believe in LAM but most of these 0.50p companies I would not touch ever.