The Lamprell Group has played an important role in the development of the offshore industry in the Arabian Gulf for over 30 years, providing increasingly specialised services to the offshore oil industry. Lamprell is managed by British nationals, with its corporate headquarters in Sharjah, one of the United Arab Emirates, Lamprell operates a full service jackup rig refurbishment facility in Sharjah and a modern, well equipped fabrication facility in Jebel Ali Free Zone, Dubai.

Lamprell located in the most important oil and gas region in the world, in one of the key commercial centres in the UAE.

Lamprell has its own core skilled and experienced workforce as well as access to additional skilled labour from the local labour supply market.


AIM Rule 26 Disclosure

This, in addition to the Group�s safety focused culture and experienced project management skills, helps to ensure customer satisfaction is maximised whilst risks are reduced.

Lamprell has built up its strong market position by offering a differentiated service to its clients based on safe working practices and completing projects on time, on budget and to a high quality. Accordingly, we believe that the Company has established a position of sustainable competitive advantage in the region.

hi hali .... certainly not impossible though it's questionable whether or not LAM would add any value to them

MJ - you total and utter arsehole ..... as i deal with CFDs stamp duty has no effect on me whatsoever ..... i like PFC solely because it's a very good company in the right sort of of sector ...... and nor is it any crime to avoid tax, as i am perfectly sure you do to the best of your or your accountant's ability ..... if you don't, then you're even more of an arsehole if that is possible

There is no stamp duty with Lamprell either.

that shot that pratt down then, well and truly

Bleach is cheap for your dirty mouth

and there is plenty left at Asda, Tesco and even Morrisons
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Tax avoidence
do not forget the nature of the creature ( only buying CFD's )
or buying any share were it happens - 0 - stamp duty as LAM
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No interest on the share but will be pestering the thread or threads as usual

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120p should be the next target

you like LAM - fine; it's your money
i am now out of love with same as don't like companies who give 3 heavy profit warnings in a very short period

i like TLW - fine; it's my money
friend hali doesn't - that's also fine

and i don't hold any supermarket stocks at all

and curiously, you sound more and more like the banned abusive idiot whose name i temporarily forget, but no doubt someone will remind me

Do you mean that Master RSI bloke who used to post?

First target 120p gone as it reached 125p at one point

a very strong spike during the last 3 days.

Was it time for some action?

time will tell.

MJ - you may be right on momentum, but never be afraid to bank a decent profit

Stan - exactly that chap; thanks for reminding this poor old man

I am allways right event when you open you BIG dirty mouth, never any substance ( business related ) on you comments.

Shall I remind that the Big supermarkets are still full of stocks ........ Bleach

allways barking at the wrong tree ( trying to get attention )

reason ..... race , religion, colour ( too white need some sun), money ( not making any ) bore ( loneliness ) age ( old fart ) etc.

definitely a close relative of MRSI ...... please keep up your truly excellent work to do us all a favour and get yourself banned yet again

Holding around the resistance 120p

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There is some inside information from --- moneyam ---- were there is a list of >>>> pain on the @rse complainers, and as it happens YOU are TOP of the list.

a trully - " mam's boy " or Miss Meddling

noticed you have upset a few for some time now and the latest is - proseleness -
any how let me know when ready for the 6 foot under, I am sure he will put together one bob or two for the box ............

MRSI - for it is 90% certain you are his reincarnation - please abuse much more heavily .... you KNOW you can as you have practiced it for years ...... if i then prove to be the instrument of your self-destruction, i don't think many tears will be shed for you by any on this board

me is - magicjoe - and I do not want to be your friend, keep the coco tears for you ancestors bye bye

who on earth in their right mind would want you as a friend? ...... are you really disappearing in a puff of acrid smoke? ...... i do hope so

TIME TELLS IT WAS ALRIGHT FOR SOME ACTION AND SELL

for some reasons took the profits earlier this morning after the large spike again and moving well ahead of the 120p target, well of TOP Higher Bollinger Band ( selling time ) and Indicators at overbought.


magicjoe - 10 Sep 2012 08:59 - 261 of 266
First target 120p gone as it reached 125p at one point
a very strong spike during the last 3 days.
Was it time for some action?
time will tell.

Well done mj. I missed the spike this morning, as you say time will tell if I get another opportunity for a 40% profit. Will hold for the moment. H

latest trading update stinks! .... and extracted "taster" below ......

As a consequence of late delivery and other contract-related matters Lamprell has incurred further additional costs on both the Windcarrier 1 and Windcarrier 2 construction projects, which will adversely impact the forecast loss for the year ending 31 December 2012. Furthermore, a delay in client deliverables on a separate construction project has resulted in a deferral of revenue and profit from 2012 to 2013. There has been no deterioration in the project's expected financial performance, but the deferral will impact the 2012 financial results ...... the Company now anticipates that the loss for the year will be significantly greater than previously expected.



while MRSI is clearly a trader based on chart interpretation - and did well in/out here recently - if anyone allowed themselves to be suckered in long(er) term, i'm afarid they are going to take another bath this morning

Trading Update

John Kennedy, Chairman, Lamprell, commented:

"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. However, I am extremely disappointed in the need to make this latest trading update and feel that a refreshed management team will bring a more focused sense of delivery to all our stakeholders."

"The Company will provide a further update to the market when it has greater clarity on the detailed financial impact of these issues." Expect another lurch down when those figures are released then?

it is unlikely to bring succour to the suckers :-)