Member Info for Nebnalon

of a Day! Not much Green on the market, I had one stock in my whole portfolio that was green - A punt on AMGO - Was up around 10/15% earlier in day, ended around 3% UP! My portfolio ended almost 6% down! OUCH!
Almost 18% drop on LAM today, didn't help with the share dumping yesterday and today.. hopefully the markets can recover this week, but with Trump playing games, wont help!

cant 17.8 at close.. far to low, still hoping for that last hour pull up and the after hour trades. Needs to end with a figure starting with a 2 for sure!

Big Red day now.. 13.45% down! 20.60! Need a seriously decent last hour of business . We are now at levels Pre yesterdays RNS! Let's hope the rest of the week turns better. We are a long way from the 31.90 we saw on 5th June!

Yup patience is the key, although it shouldnt have had to be this way.. should have been >25 COP Yesterday and a smaller but confident rise today! Anyhow, i'm sitting on my shares, no rush to sell them. Anyway 9.25% DOWN as i write this, after a 5% UP this morning.. so we are dropping still..

Anyone wanna pin the tale on the donkey? Guess closing price today? I'll take 22.50 at close as result!

Yup, classic Legal Terminology - Can be interpreted in many ways. Either way a contact is a contract, especially in times like this.
I guess the question is how much funding would they need to get this completed? That is what drives the share price down, as they only got out of debt i believe in Q1 / Start of Q2.
But good grounds for a company, Debt free, decent orders incoming, "should" only go one way for the foreseeable.

"To be executed on a lump-sum basis, the scope of work includes the procurement, fabrication and delivery of 30 WTGs Substructures, including the jackets, transition pieces and suction caissons. "

Take as you will "LUMP-SUM" from the RNS. Could be before or after work is done.. I would like to think beforehand, this would then save LAM needing to get a loan to cover the materials and labour costs etc.

Yup, especially if you compare that to the 75% rise we got on the previous RNS to say they had been awarded contract (not signed). Seems they let this rise up, cashed out and brought the price back down to earth..

Will go back up, just will take time, i wanted that RNS news (that we all knew was coming and waiting on) to spike us up to the 25/35 floor area, there would have been some ups and downs from that point for a week or 2 and then it would hopefully have settled and could slowly increase up over the rest of year or until next order / news of payment etc.

I guess now we just need an RNS to say funds have been paid - as this is an upfront payment. If the company has 150M in the bank and then Mkt Cap is 75M then this needs to rise up and the SP needs to realistically represent the Mkt Cap.

Anyway, that RNS has encouraged others to dump.. should see some Red for the next few hours unfortunately

Perfect - So threshold was reached yesterday! Explains why we didnt see the momentum I expected on the rise..
They saw the RNS, waited for a spike and pumped and dumped.. least I now know why it didnt do as expected.. just something was niggling me about that yesterday. I have done enough investments to know when something didnt feel right and was not showing expected behaviour.

So i guess now we wait and see if the market gets on this, wonder why they dumped? Guess they wanted a fast 20-30% return?

Brooksy - Totally agree with you. Although I am not sure what the people Ramping / De-Ramping hope to achieve, many of the PI's on here are small fish, not going to make a huge dent on any stock by buying or selling based on Rampers views. The big City boy's and the Global Investors will build this market however they want. If they feel there is a reason to hold this stock down, then there is a reason.. I dont believe a stock doesn't go up to it's true value based on excuses like LSE.co.uk not posting the RNS data, or it's up due to Ramping! I maybe wrong, but I've worked in the City for over 20 year's and unlike many on here have spent numerous years working on trading floors and in finance houses, and trust me, these guy's are not lead by Rampers / De-rampers on BB's! :)

I think we "should" see this rise to 30 +, the timeframe I am not sure. The markets are all pretty poor today and I have barely a Blue stock on my screen, however to put the cherry on the cake - LAM is my worst performer - Yup only a matter of hours after the RNS!

I think if you can wait and dont need the funds you have tied up in this, then stay put and HOLD, it maybe a bumpy ride before we see blue sky again, but longterm I am confident in a rise, otherwise I would have sold out at a 160% Profit - I believe there is more room in this yet to rise up.. If i can get to 25/30 before end of July I would be happy, just dont want to see it drop to low before the rise.. makes me then want to add more funds and adjust my weighted average - sometimes a good thing but can also be bad if it drops further and more capital is at risk..

Good Luck

now 7.5% down on the day!
Seems my alleged de-ramping has caused this stock to drop!!

This is not a huge shock to me, could see there was no momentum on yesterdays RNS taking it past the 25 mark to encourage the next push up to 30!

Nothing more to do other than sit on these an hope we see some Green over the next few weeks..
I did state yesterday I was looking for 35/40 by August / Sept - To which one of the clowns on here told me i was having a laugh and that figure would be seen today!

Seems all the clowns that saw this going 60p this week and £1 next have gone quiet after bashing the educated on here that are offering constructive words that now are shown to have merit!!

GLA and DYOR never make a trade based on some random on a BB!

This is just one of those strange stocks that can shoot up or down on nothing.. you need to be in it to reap the rewards, but it certainly doesn't act like a normal stock!
I guess we need to wait and see, can't call the closing price on this.. could be 10% down and all profit from yesterday gone, or we may see a spike and a 10% Green for the day!

Anyway.. time will tell..

so for all those that said we didnt see the big rise due to LSE now putting up the RNS.. I expect today to rise 20% now :)

@brooksy - Agreed, we saw rises up to 32 on the news previously, we now have concrete and yet we see a 5% drop.. This is struggling to get through 23/24.
dont get me wrong, I am patient and I am still in this stock for the time being, I have no intention to sell yet and for those that say be patient or wait a month etc, I get that, I do understand the way to invest in the stock market.. the point I was making is the upside of the stock is not as expected based on the confirmed news.. to me this seems out of the ordinary..
Sure we wait for this to retrace back to sub 20.. give it a few weeks and then see another spike up to yesterday's price!
Once the order is delivered or the cash received we may see a push to late 20s..

Point is, if i gave your house a valuation of twice the market value of today, why is it worth less after the valuation then before!

Not a De-Ramp before the mindless accuse me...
So, as mentioned yesterday in my disappointment of the results after the RNS. anyone with a sensible idea as to why 1 hour into trading we are 4.2% down after RNS news?
Looking at the figures, between the moment before the RNS came out and right now we are approx 4% up and better off since the RNS! 4% for news that doubles the Mkt Cap at a min!!

Please Explain

Big Red to the start of the day! <4 now.

JohnK - Who mentioned Billions?
You're posting the same news i posted about 3 weeks ago when it was published.
Do you not think this share is worth 30/40?

Yes, but it doesn't define a Fecking HUGE contract :)
So we will never know if this is 150M or 1.5B..

@ Pilgrim, we "should" see this rise nicely over the next week, providing no bad news, such as USA, China, C19 etc.... always something bringing the market down....
But just be aware, this beast seems to come down as quick as it goes up.. there was a reason it lost 80% of MC over the last 3 years! However, this year they are now debt free, orders coming in, so hopefully we should realistically see a 30/40 TP at some point this year. Obviously we'd all prefer sooner rather than later, so I can cash in some profit and move to the next opportunity.

@smoggy, I think they would not let you know, as its confidential between the buyer and seller and is commercially sensitive, they do not want their rivals to know what cost they are charging. Most likely the whole deal was done by sealed bids / RFP.
We may never know, unless it comes out in their financial figures later in the year.. revenue in etc..