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.

I have mentioned before that he just does the talking, that's all.

at least MRSI generally posts when he has put money with mouth - not so in this instance i think - whereas of course hyleo never ever does

it is of course frightfully clever having the gift of hindsight or even prescience ..... i the case of LAM, i think it was ST that had an article discussing the the likelihood of LAM being taken over - that is to say Sunday 7th October, a few days after my own suggestion (and no i didn't) in post 281 - which no doubt goes some way to explain LAM's relative strength yesterday ..... on the other hand, sp has dropped back about 5% today

=================

looking back and as far as i can tell, sp was about 80p when i wrote post 281, so as at now, position is near enough b/e

=================

useful things facts, but never let them get in the way of a good story

re - cynic - 10 Oct 2012 17:51 - 285 of 285
looking back and as far as i can tell, sp was about 80p when i wrote post 281

a little lie as usual

share price was 72p offer at close of business on the 4th time of the post 281

unlike some around here, i am more than happy to stand corrected .... i was trying to determine the price from the "simpleton's chart"

TAKING A PUNT AGAIN THIS MORNING

reason:

Changing direction ( moving UP ) from recent movement down
Allways bullish when is with larger volume than usual
Indicators are on the rise from oversold

interesting thought, but can't work out where you think the next resistance (target) should be

After the rise and consolidation around 76p, this afternoon has risen again to reach yesterday's intraday high 78.75p ( lost almost the lot after the downturn of the market on the afternoon )

so far so good, but what's your target level?

Short term from British Bulls tonight .........

BUY CONFIRMED
LAM 78.750 +4.7500 +6.42%

Candlestick Analysis
Today’s Candlestick Patterns:
Long White Candlestick

Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.

cheeky boy! ..... you don't answer the question

Another 1p up on a strong finish and on a very ugly day in general

mj - it really is a great shame that you do not complete your interesting chart analyses by giving the punch line - i.e. "with a target of ....." ..... it really does rather devalue the whole

and another 2p up, on a bad day for the market

and your target is????????????????
90p? ..... 100p ..... more????

using my "moron's chart/brain", i would hazard that the next resistance is 90p, and if it gets to 100p, then you have done very well indeed - or got very lucky if you want to be cynical :-)

I'm surprised these haven't fallen further this morning.

looks to be a much stronger bid book, so perhaps bears taking profits

MJ - this is one of your stable, albeit that you are of the day/short-term trading clique, so what's your take now?

Now back in auction up 9%!

Bullish engulfing flag with good volume.

very curious ..... ghastly figures and, having been marked down 10% at the open, they are now fizzing ..... 2 obvious possibilities

Why share price is recovering?

easy

cos recovery on the business is on the cards, kitchen sink and old directors out, new ones to fix it in