Member Info for bonum

The loss itself was expected as seen with the sharp price drop resulting from the 3rd oct RNS - now investors want reassurance about the potential of the companyto recover & move back into profitablity having drawn a line under this financial year This RNS more then provides that dyor & gla

"However, having now identified the issues and their potential financial impact, the Group is in a much better position to DRAW A LINE under these events and to take appropriate steps to mitigate or address the issues. The Group also is keen to focus on new projects which are more aligned with its core competencies." "the Company is encouraged by the strong bidding activity across the business with the pipeline totalling more than US$4.0 billion. With that in mind, the Company expects 2013 to be a recovery year, with revenue broadly flat compared to 2012 and a gradual return to PROFITABILITY during the year."

It'll be going up mate imho - the losses etc were expected but the main thing investors want to see is a line drawn under the issues that caused the loss in the first place & a return to profitability. Thats been strongly emphasised with a continued strength in both the sector itself & Lamprells order book/business pipeline. The overall market is also expected to see a bounce with the LAM sp having correlated closely with that decline over the last 8 trading days or so. Many who have been attempting to 'worry' other investors will be looking to buy in themselves.

Thats why i mentioned on thursday evening theres a strong chance of a bounce in the major indices in the next few days with the market generally looking oversold Always better to contribute pertinent & relevant views on any stock or the market then commentary on your bowel movements & associated hygiene precautions enjoy the weekend ;)

Would this have been a major contributor to a receding sp? "London Ftse closes at worst level since July" - http://www.lse.co.uk/sharecast-news-article.asp?shareprice=&ArticleCode=20505269&ArticleHeadline=London_close_Footsie_closes_at_worst_levels_since_July gl

I would say your bowels have been letting loose on this board for quite some time ;) atb

The mobs obviously looking busy - enjoy the day!

http://sharedealing.nandp.co.uk/broker-views/LAM/Lamprell

As i said to BigRob a few days ago our positions have been stated ad nauseum so lets just see how it plays out now. I'm invested in more stocks then just Lamprell so with the current macro situation its better to just switch off for a while. My comments since theyve been asked for though are that the current price drop follows a period of a strong rise that was leading up to a management statement from the company. The subsequent drop exactly correlates directionally with the drop in major market indices (just check the LAM chart with the Ftse & US indices) & off the back of (mainly) the US election result. http://uk.finance.yahoo.com/q/bc?s=%5EFTSE&t=1m&l=on&z=l&q=l&c= http://www.lse.co.uk/ShareChart.asp?sharechart=LAM&share=lamprell People here seem to think that therell be a large drop with the posting of the years loss. Other people might say the drops factored in with the sharp move down from 110p & in line with an over compensation by the market. I can take that scenario with funds in reserve for any such move but think theres a strong chance of a rise with solid comments by the management about prospects going forward beyond this year. After all, many seem to already have sold on the initial news from 3rd oct but there seem to be an awful lot of people now waiting to buy back in en masse. It also looks very likely we'll see a bounce in the major indices in the next few days. Thats just my thoughts so invest as you will & take the views as 'inconsequential garbage' or an attempt to give an objective viewpoint of the situation, accepting the posting of the loss & management views looking forward. screen off again & good luck all

and how much is already priced in from the 110p sp drop already seen ;) atb

bit of a hash on the grammer there ;)

I expect the RNS literally any day now - if it holds on a bit were likely will have a better macro situ with negotiations procedeeding re: the fiscla cliff issue, spaniosh bailout request, greek bailout fund etc but a new platform for growyh for IPSA either way. Too few shares not to have them already in the bag rather then look to buy volume on the day or thereafter at a much higher price i presume Obviously everyone should do there own indepedent research of course asa matter of course gl

Its looks like were all agreed on the prospects for this stock going forward & a major price rise associated with that - just less concensus on the very short term movement & market reaction re:losses for the current financial year as opposed to positive statements from the management for growth beyond that. I'm more focused on the macro situ at the moment as 6 days of straight losses on the markets which effects all our portfolios beyond any specific stock. Hopefully that run will be broken soon with a market bounce & more positive signs re: negotiations to address the fiscal cliff / sovereign debt issues to give us a clear run into 2013 good luck all

"Price expected to open well up on the day" of the RNS of course - not 2day with all the furore around fiscal cliff / greek debt situ lol - theyll get it sorted out eventually!! gla

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I thought it had already 'dropped like an anvil' with 'significant losses' now expected so priced in more or less - people want to see the way forward for recovery imho. Any RNS about a new order should underpin that view towards recovery, especially with a sound core business & new management atb

The relatively few shares in free circulation should see a very major rise given the nature of the news due - again, its company changing so def worth a position imho Price expected to open well up on the day dyor & gla

We've both put our respective views down ad nauseum so lets just see how this plays out now good luck

I thought the share price already collapsed after the 3rd oct trading update, hence priced in with an over reaction which is indicative of the current market? Lots waiting to jump back in now with most looking to sell, aready having done so imho I look forward to the "upbeat managmemt pronouncements about a golden future" which we both agree on. Glad you brought shares the other day so not completely out. atb

Depends what John Kennedy says about the company going forward - he's already stated the core business is solid & 'new contract pipeline strong'. The markets expecting a loss being posted with the price currently around what it finished at on the day the 3rd oct update was released. Since then weve had the price pushing up strongly with the pull back now against a back drop of wider economic issues. Lets see but the upside / downside scenario makes the stock an attractive one to hold imho gla