Lamprell Share Discussion Threads

[stuie] 14/1/2021 15:57

Interesting day considering a few months ago the threat of re financing was quite real and the company had a history of not making money on its contacts. When you add to this the Aramco contracts seem to have been pulled. Don't forget to take some profits if it gets a bit frothy.

[nasnas1] 14/1/2021 11:22

Performing well and renewables looks a massive future market. No reason why this won't be closer to 100p sooner then we think.

[paulisi] 14/1/2021 11:07

Markets loving it - up 20%

[aimingupward2] 14/1/2021 10:45

CEO says “Lamprell has an exciting future and we have a great platform on which to build."

[molatovkid] 14/1/2021 09:05

I agree - clear business structure and clarity on divisional operations.

Performing well and renewables looks a huge future market.

[saltaire111] 14/1/2021 08:27

Management really getting their act together here. Been through a couple of tough years but I like their new structure and focus in the renewable sector. With Biden taking office in a few days, we know there’s going to be a huge shift in focus and investment from the biggest economy in the world. Looking good.

Salty

[kibes] 14/1/2021 08:10

Surprisingly upbeat RNS today and they seem to be doing well. I may buy more I think.

[paulisi] 14/1/2021 07:30

I do like the splitting of divisions and the potential to spin off at some stage. Renewable energy is taking over and they hinted they would be trying to break into the US market..All excellent news.

[nasnas1] 09/1/2021 00:37

A medium-sized contract is between USD 6 million and USD 50 million! Next week will be well pass the 65 resistance!

[paulisi] 08/1/2021 17:24

I think there is a trading statement due next week.

[paulisi] 08/1/2021 09:34

Just jumped up to 60p....

[lucastheone] 07/1/2021 18:25

With help also from the celebratory pr of the Mahani gas field imo. Positive Trading updates and hopefully future rewarding contracts should act as a catalyst towards its price going forwards;
hxxps://www.lamprell.com/~/media/Files/L/Lamprell-v3/media/releases/2021/PR_Celebrating%20production%20start%20up%20at%20Mahani.pdf

[paulisi] 07/1/2021 16:28

Back to 55p - trading strong when US opened

[nasnas1] 30/12/2020 08:53

Looking very strong once again - it's had a breather, we could see this break the 55 range this time round, charts look very good too.

[paulisi] 29/12/2020 15:18

Nice jump today.

[stuie] 21/12/2020 09:09

Just a normal reversal , I got out at 52 , back in at around 40.

[nasnas1] 21/12/2020 08:23

A nice top up at 45- we should bounce back as the day unfolds. Patience

[stuie] 17/12/2020 22:07

Exactly p , the share price rise is totally down to the government throwing its weight behind renewable energy. If it was down to the contract announcement the share price would be dropping monthly as shareholders wait for a announcement which has obviously been shelved due to COVID.

[paulisi] 17/12/2020 20:07

I thought some of the share price was linked to climate change and the move to wind turbines of which Lamprell has a world leading product.

[nasnas1] 17/12/2020 11:13

I personally think the news is not far off hence the rise over the weeks. It's a good platform to fire from

[stuie] 17/12/2020 10:14

We have been waiting for the Aramco contracts for over 6 months. They have obviously been deferred and it was not nailed on that LAM would get one of the contracts anyway. They where on in the running for 2 out of 4.

[barrywhit] 17/12/2020 09:30

I've been in and out a couple of times from 22p but it is looking very strong atm..

[nasnas1] 17/12/2020 09:17

Contact news a matter of when rather then if. It's looking very strong atm and I surely won't be selling out any time soon, even though I bought at 23p

[paulisi] 16/12/2020 19:55

Looks like the jump was instigated from American markets