Member Info for bonum

There "confident" based on there informed initial assessments of those losses and ongoing discussions with the banks at the time of the statement.

Thanks for bringing back some intelligent perspective towards analysis of this stock. Im sure genuine holders appreciate that. Regarding the 2nd windcarrier, its due for upcoming delivery in Q4 2012. theyre fixed price contracts with contingencies for losses already provided for as per the statement in the half yearly report "The second vessel, the "Bold Tern" was successfully loaded out at the Jebel Ali facility in August 2012. The major outstanding work, post load out, comprises the installation of the vessel's 800 tonne main crane and the remaining cylindrical leg sections, the completion and subsequent commissioning of the vessel's integrated power management, automation and control systems. Delivery of the vessel has been delayed and is now expected in Q4 2012. The anticipated additional costs associated with this delay have been provided for in these financial statements." http://www.investegate.co.uk/Article.aspx?id=201208280700188172K

US october jobs figures just out which the macro market has been looking to prior to us elections - better then expected!

All bringing clarity which the markets basically looking for & positive statements going forward indicative of the intial ones by John kennedy in the last trading update atb

actually think therell be a heavy weighting (beyond the actual figure for a loss) based on the 'quality' of the statements regarding the forward looking prospects for the company beyond this loss making year, the steps taken to address the issues contributing to that & transparency restored to provide security against any further surprises. Thats what'll really pull investment strongly back into the stock & building much further on John Kennedys initial statement in the 3rd oct trading update "(The company) remains confident that it will have sufficient cash flow to fund its ongoing activities and debt repayments." "Lamprell's position in the refurbishment market remains pre-eminent. After three months with the Company I believe the fundamentals of the business continue to be sound and the order book and new contract pipeline remain strong."

my post to rockyGSD yesterday at 22:27 gives my assessment of the stock & price expectations atb

the BUY CONFIRMED is there opinion based on the technical indicators they use - no further comment on that

Its a technical assessment - nothing more but indicative based on the criterion they use & as part of a wider assessment of the stock atb

BUY CONFIRMED "The market opened with a gap up and the day’s activity resulted in a close higher than the open. This is a valid confirmation criterion. The market is now ready for a bullish move." "The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any." http://www.britishbulls.com/StockPage.asp?CompanyTicker=LAM&MarketTicker=Oil%20and%20Gas&TYP=S

smoke, mirrors, 'secret meetings.....? This used to be a place for intelligent, mature discussion once Here's a link to todays trades listed in the order of largest first - please note carefully the sizes 01/11/12 14:29 78.0 56,000 AT 77.25 78.0 Buy 623,244 647,559 16,364 01/11/12 15:52 78.93 50,000 O 79.0 79.5 Sell 928,427 985,909 53,275 01/11/12 15:52 79.0 50,000 O 79.25 79.5 Sell 928,427 935,632 53,275 01/11/12 16:10 79.0 40,000 O 79.0 79.5 Sell 964,667 1,048,063 53,275 01/11/12 16:35 78.75 30,845 UT 78.5 78.75 Buy 1,005,872 1,136,286 65,911 01/11/12 13:32 76.3 27,792 O 76.25 77.0 Sell 495,082 557,177 16,364 01/11/12 12:07 76.25 26,213 O 75.75 76.0 Buy 392,814 352,708 16,364 01/11/12 12:15 76.246 26,000 O 75.75 76.0 Buy 418,814 352,708 16,364 01/11/12 14:40 78.0 25,459 AT 77.75 78.0 Buy 696,727 703,773 16,364 ie. the largest Buy was 56K at 14:29 - the largest sell was 50k at 15:52 http://www.moneyam.com/action/trades/processGetTrades Lets have greater transparency & less duplicity please atb

Its difficult to establish what the concensus view is on the years loss tbh beyond the random figures bandied about on forums such as this. I actually think therell be a heavy weighting based on the 'quality' of the statements regarding the forward looking prospects for the company beyond this loss making year, the steps taken to address the issues contributing to that & transparency restored to provide security against any further surprises. Thats what'll really pull investment strongly back into the stock & building much further on John Kennedys initial statement in the 3rd oct trading update "Lamprell's position in the refurbishment market remains pre-eminent. After three months with the Company I believe the fundamentals of the business continue to be sound and the order book and new contract pipeline remain strong." atb

I just checked out the daily trades listed in order of size - absolutely no correlation whatsoever to suggest such a thing. "The Audit review could well be later.." - it could actually also be earlier then you suggest Lets keep the posting here honest & real atb

From LSE "Meanwhile, the HSBC Chinese manufacturing sector purchasing managers' index for the month of October rose to 49.5, from 47.9 in the month before, according to survey compiler Markit. This was an eight-month high and not far from the key level of 50 which indicates that the sector contraction has ceased. The consensus estimate was for 49.1. " "This is a big boost for China, with the PBOC using both conventional and unconventional measures to try and maintain its high level of growth," said market analyst Craig Erlam from Alpari." Could be a very strong mover in the coming weeks/months dyor & gla

All in the post & pretty clear - no further comment atb

If thats the anticipation it'll already be built into the SP which we saw drop sharply from around 110p - and bearing in mind it was an unexpected profit warning. Now we have an expected clarification of the situation with likely very strong statements for the company's business going forward & without the loss making fixed price windfarm contracts. Investors will also have the reassurance to invest with complete transparency thru the independent assessment hence no more nasty surprises. Thats why i fully anticipate the price to move up strongly & why i certainly wouldnt be out of the stock for a smaller chance of a slight dip in price The upside/downside scenario is heavily weighted for a BUY imho atb

Once people realize this is a very strong company going forward & beyond the years loss, the price will surge imho. Theyll also have the reassurance of all the bad news out & a clwear field for a price appreciation Thats what i believe the next RNS will do with any bad news already built into the previous price drop dyor & gla

You may be right but no probs for a slightly longer wait atb

n/m

people can view our respective posts on this forum and decide for themselves the level of objectivity & reasoning applied to the stock good luck

No sensible discussion then atb