ShareCast News for Lamprell (LAM)
Tue, 30th Nov 2010 14:38
Sensor technology group Halma is among today's laggards, even after it saw increased revenue and profit in all three of its divisions in the 26 weeks to 2 October.
Group revenue rose 12% to £249.1m from £222.1m at the interim stage last year. Organic revenue growth on a constant currency basis was 10%.
Oil-related stocks are mixed today, with North Sea-focused oil producer EnQuest the top riser, but engineering services group Lamprell at the bottom of the pile.
FTSE 250 - Risers
EnQuest (ENQ) 138.70p +4.29%
De La Rue (DLAR) 572.50p +3.62%
Victrex (VCT) 1,232.00p +2.50%
Rank Group (RNK) 130.00p +2.36%
Jupiter Fund Management (JUP) 296.30p +2.17%
SThree (STHR) 286.00p +2.14%
Fidessa Group (FDSA) 1,464.00p +1.88%
Renishaw (RSW) 1,135.00p +1.43%
Croda International (CRDA) 1,453.00p +1.40%
Kenmare Resources (KMR) 25.57p +1.39%
FTSE 250 - Fallers
Lamprell (LAM) 289.00p -5.56%
Xchanging (XCH) 104.00p -4.50%
Devro (DVO) 255.80p -3.94%
Bellway (BWY) 519.50p -3.44%
Dixons Retail (DXNS) 25.07p -3.17%
Punch Taverns (PUB) 60.45p -2.97%
Halma (HLMA) 319.40p -2.92%
Capital & Counties Properties (CAPC) 144.90p -2.88%
Yell Group (YELL) 11.90p -2.86%
Brown (N.) Group (BWNG) 282.20p -2.82%
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating.
[Mon 08:32]Lamprell, which provides engineering and contracting services to oil and gas industries, is on track to complete discussions with lenders to restructure its debt facilities.
[17 May '13]Abbey Protection: Numis downgrades to hold with its target price at 120p.
[26 Mar '13]Revenue contracted by nine per cent in the year ended December 31st at diversified engineering and contracting services provider Lamprell, financial results have shown.
[21 Mar '13]Frank Nelson has been appointed Chief Financial Officer with immediate effect at diversified engineering and contracting services provider Lamprell.
[21 Mar '13]Lamprell has reached a settlement with the Financial Services Authority (FSA) for failing to inform the market of its deteriorating financial position last year.
[18 Mar '13]Lamprell has completed the construction of a wind turbine installation vessel known as Windcarrier 2 Bold Tern, an update from the company has shown.
[18 Feb '13]Tempus yesterday pointed out that one of his picks for 2013, Lamprell, was up 53 per cent so far and suggested investors might take some profits. A second, Thomas Cook, is up 78 per cent so far, after yesterday's update. For him the best option for nervous investors may be that 78 per cent in five weeks might be regarded as enough. He is not sure, though, that Thomas Cook shares might not have farther to run, even if some sort of equity issue looks inevitable.
[8 Feb '13]