Lamprell Share Discussion Threads

[master rsi] 21/8/2020 23:38

stuie

That is what I thought with the 20K at the end of the day, being yours

You panic after seeying another 100K buy a few minutes earlier.

[stuie] 21/8/2020 18:34

Back in, slightly higher than I wanted to pay, but I needed to be for Monday. I think the upward move from the cup and handle formation starts next week.

[stuie] 21/8/2020 14:48

Does seem to me that they are worried to bring the ask down too low. I think they know the buyers will flood back in around 23 ish.

[master rsi] 21/8/2020 13:20

and as I said that, the spread has narrowed down to 23.50 v 23.80p
but move up as there was a 12K buy to 23.70 v 23.90p

and the order book is still well negative 13 ( buys ) v 31 orders (sells )

[master rsi] 21/8/2020 13:01

There is no hurry in my account, despite the multiple sells of yesterday and again today they are holding the price up and more the stupid UT at 25p of yesterday close.

[stuie] 21/8/2020 08:58

Well it looks like they don't want buyers this morning. Spread is getting stupid on this.

[mtanimal] 20/8/2020 17:31

Just an intro - I've used the market to keep my savings since the days of Xstrata. But the market is a very different ball game at the moment, so best thing for me to do is sit, watch, be ready but be patient (or I'll have no savings left).
Thanks for your posts, very informative so I can learn as it unfolds.

[master rsi] 20/8/2020 16:44

What is going on with the order book?

spread 23.90 v 24.30p
and the 16.35 UT came up with 9 shares at 25p

16:35:14 25p 9 shares UT

[master rsi] 20/8/2020 16:26

Well I was expecting to see the stock down to 61.8% retracement, but as usual was short of reaching there as 100K buys and a few more buys the same day, cut the run to reach there.
So has been around the middle of the 50 and 61.8% retrace so far.

The Indicators still short of reaching oversold positions, and order book still very weak on the bid side 18 v 31 trades

note: 23.25p ( middle price) was the low last Tuesday

[stuie] 20/8/2020 16:12

Not expecting to buy for 23.20 I think this is the new floor for the price

[master rsi] 20/8/2020 16:10

I can't see 23.2 today

Some funny things are going on, despite the sells the 23.90p bid has held and then all of the sudden, came out small size trades,one after another total 7.356 shares bought at full 24.30p

[stuie] 20/8/2020 13:38

20 to 30 k

[master rsi] 20/8/2020 13:35

stuie

How many is that position to buy back?

[master rsi] 20/8/2020 13:29

A good size sell not long ago, taking advantage of the 24.90p bid with 7,500 shares

13:26:32 23.975 20,855
13:18:36 23.975 22,271

[stuie] 20/8/2020 11:25

I am hoping the ask drops into the 23,s later today so I can buy my position back, I got stopped out on holiday at 24.50 I am thinking 23.20 will be the floor for these . I will let you know how I get on.

[master rsi] 20/8/2020 10:06

WINS is back on the order book at 23.50p

WINS 15,000 23.5

[master rsi] 20/8/2020 10:01

A bit of a shake since and further MMs movement, maybe earlier too busy with the MAIN market.
Just now WINS was the only one at bid 23.90p with 15,000 shares and after 928 AT, was left with 14,072 shares, but now has gone completely from the order book, not bidding or asking on the side.

so here we are now at 23.60p v 24.10p
and still a very weak order book

[master rsi] 20/8/2020 09:39

What a false market it was this morning
the spread was large 24 v 25.60p at opening

The level 2 ( order book ) got into a mess as someone put 1,000 shares on the bid side at 25p, and someone else ( or the same person ) was lucky enough and able to sell 10K at that price, so another one put 6,500 shares at 25p also, so another 10K sell and took both bids at 25p away as an "AT"

currently there is a small bid for 2,500 @ 24.50p v 8,000 at 24.90p

still very weak on the bid side 14 v 31 trades

[heatseek77] 16/8/2020 17:58

Like sound of this 👍 good use of digital transformation tech


Akselos’ structural digital twins are underpinned by an algorithm that’s 1,000 times faster than competing software, enabling unrivalled accuracy and real-time use.

Christopher McDonald, CEO for Lamprell, said, “Our engineering teams have been very impressed with Akselos’ technology. The accuracy and reliability we have been able to achieve in asset design is remarkable as there is no limitation in terms of size or complexity of the models we create.

“The results are optimised, providing more accurate designs and reduced CAPEX for our customers. One of our key strategic priorities is to harness innovation through digital technologies, and the rate at which we are able to bring such benefits to our customers is what will continue to give us a competitive edge.”

The deal follows an announcement last month naming Akselos as a World Economic Forum Technology Pioneer. The award was in recognition of the company’s contribution to a new innovation curve that will accelerate the energy transition.

[bearnecessities] 16/8/2020 10:32

Article from the LSE board.

[stuie] 16/8/2020 09:58

As pointed out by previous poster, the shares are going down. I prefer to look for levels of business and a strategy for the short , medium term. I would not start buying these until it starts to consolidate. The 28 - 28.40 level will be a ceiling that only news or really strong buying will push through. Problem is we need to be invested in case news hits. My position I will trade 3/4 of my position and keep 1/4 for long term. I have to buy back in first though

[master rsi] 15/8/2020 23:47

The retracement goes on

chart done Thursday night, so after Friday drop it would be showing a large tramline
drop

[stuie] 14/8/2020 16:16

I will be back next week looking to get back in when the time is right. You have not seen the last of me . Sorry boys and girls.