Member Info for Nebnalon

PPEYE the Spike in June came on news that they had a new Contract in the pipeline, there was a retrace and then a further spike afterwards when Contract was actually signed - albeit not as big as the previous spike.

They were never going bust in May - They had declared they were debt free in March!!

Sounds more plausible than seeing it close at 116 :)

I think its a slowly slowly build.. I have said this time and time again, this will never rocket up to 60 - £1..
It likes to rise up and the drop back down, gaining a penny here and there.. it's a longterm punt..

I want my 35p TP..!

Need more Volume.. or this wont shift.

3M only..

I wish it would.. Was a great Day when that happened.

We never seem to rise that high with "Confirmed" News, but on Rumours it goes higher!

Company Report - Trading Update.. They advertise these things well in advanced

25% now? Not what I am seeing? I got 15%..

I was being Sarcastic... HL Figures are pants.. Esp when it goes into Auction..

Would be great to Buy cheap and instantly Sell higher :)

need that 2nd wave or this is going back down....

on HL
Lamprell Plc (LAM) Ordinary 5p (View Factsheet)
Sell: 29.70p | Buy: 26.10p | no change5.55p (24.72%)

Potential

Gonna be lots of Auctions today, which is positive.. the MM's have demand - can only drive us up further.

Just need to avoid the profit takers and the retrace!

24% UP - we are at 28P!!

20%, 22%.... it's ticking up...

and then 18% UP!!

started in the RED? go Figure...

All about the Volume today... let's hope we see some HUGE Buy's early to drive this beast upwards and onwards..

CEO says it all..

All very positive news, company has done well through covid, won new business, paid of all debt, cost cutting etc.

Should be up from here onwards in my view, but you never know what the market is going to do?!

Christopher McDonald, CEO, Lamprell, said:

"This has been a period of significant progress for Lamprell. The response of our people to the COVID-19 crisis has been excellent and we have continued to deliver well for clients on current projects. Winning two new contracts in a period of global economic turmoil is further testimony to the effectiveness of our strategy. There is good momentum in the business and our operational performance. The proactive actions we have taken on costs, and an active bid pipeline with exposure to buoyant regions in both oil & gas and renewables, provide us with confidence that we are successfully navigating the challenges of COVID-19 and the industry downturn."





Lamprell will announce its 2020 interim financial results on 1 October 2020

Lots of savings and cost cutting.. some big figures saved, seems they are well on top of their game.

Also..
Our bid pipeline currently stands at USD 5.5 billion

Let's win some more bids!!

So Net cash almost doubled since 31 Dec - share price then was 38 ish...
Backlog also increased approx 20/25 %...

Could the market actually bite on this and reprice at a decent figure?!

Let's hope there's an appetite today for the MM's