Member Info for Intuitive

I whole heartedly agree with Sheffield Owls comments, though I do worry about his choice of football team lol. Thanks Bonum.

@JMZ please find me any share that does not fluctuate or 'dip back down again' and i will cede to you. If that is the sum of your knowledge then perhaps you would be better served by reading posts and not commenting lol. Also, I have assumed nothing and my first post to you merely asked if you could support your 'stormy days ahead' statement. Look back and Lamprell has been fluctuating everyday since the bombshell losses.

@JMZ are you using 4 hours trading on one day (today) to prove your point? Please tell me that is not the case, as that would seem ridiculous in the extreme and rather infantile tbh. Short term LAM offer a good probability of profits. Mid term I would suggest an even better probability, for all the reasons that have been discussed in great depth and length on this forum. Similarly with long term.

Got to agree with Bakered's comment 'stormy few days', sounds more like a weather forecast to me :). I am fortunate enough to be sitting pretty, having bought in at 80p some time ago. I believe in my humble opinion that possibly short, but definitely mid-long term that the only way is up, assuming lessons learnt and of course no more shockers. Just need some new orders to keep things ticking upwards. JMZ are you privy to some information? if so please share. Thanks in advance

There appears to be some confusion Burnley. My post was directed at FULLOFWIND's comment, posted at 13:16 hours on Thursday. I totally appreciate all the positives and negatives mentioned by all tbh. My problem is that i believe that Fullofwind's comment was solely and too negative. Nobody knows where LAM will be in a year. I suspect somewhere in the range of 110-250 and merely meant to say that a year from now one can hope to be 110p up or 30p down (assuming you bought at 140p.). That to me is worth a flutter, in the hope that lessons have been learnt.

I can only presume that as you have such a pessimistic outlook you have already offloaded all your shares. If not, why not? For my part I believe (and leaving aside what I consider unnecessary preamble), the share price has far greater scope for improvement (£2 plus) than it has for falling (110p). Lamprell will inevitably learnt at least something from their past mistakes, though granted the hard way and therefore I am more than happy to sit tight thinking mid-long term.

Hi all. Just a quick comment concerning edmwnd's post, particularly that the independent auditors would use “worst case scenario for each contract, so avoiding worst case for any of the projects will result in a lower loss.”. Is it not probable that the auditors would have tried their best to get a true reflection of the position and accordingly losses could equally be plus or minus, dependent on their margin of error. My reasoning is that Lamprell would not have wished to overstate losses, in the knowledge that their share price would plummet and as creditors tend to look favourably upon companies whose shares are performing strongly and vice versa, this would compound problems. Consequently, any auditor that unduly overstated the problem would themselves be shunned by future companies seeking an independent audit. Indeed, in the current financial climate of über jittery investors, would it not be beneficial to understate and ‘cushion the blow’ if you will. Btw, I bought in at 80p and therefore I am in the fortunate position of being able to sit tight, in the knowledge that mid to long term I am almost guaranteed to be on a BIG winner in my humble opinion.