Member Info for LWHL

Have shareholders ever got back so much as a brass farthing when the first, dreaded administrators RNS comes out?

Never to the best of my knowledge. But I guess they have to say that.

Meanwhile, another atrociously run AIM company hits the dirt.

I wish good fortune to all former shareholders here (except the mutt, who has not been seen for a while. Perhaps his owners put him to sleep? lol) and likewise to bears.

These chat boards need both sides of the coin. Otherwise they become tedious echo chambers.

Naturally it would be good to see the former directors face justice, but obviously that is as likely as my winning euromillions tonight. And I do not even have a ticket :) Good weekend all.

Well, my gentleman's bet says we see 112p-115p before we see 90p - as long as a market-wide sell off does not happen in the next week or two.

Good that we closed above the 200. As I mentioned before, that was important, from a TA perspective.

Does not mean we are home and dry though. The break above will only be confirmed if we repeat the trick on Monday and Tuesday.

Not that this would in itself guarantee we won't break below the 200 again on Wednesday or Thursday etc.

Just a matter of statistical probabilities that you try to weigh up when trading.

90p before ex div would be very attractive I think.

Would need a big market-wide sell off, then sure, I could see that as well, but not otherwise.

But yeah, we will find out soon enough. GLA.

Blimey, Bhaveen. For a LT holder, with an average less than half the current price, based on what you said earlier this year, you always come across as a perma bear!

I agree it is too early to say whether or not the dust has about settled, but goodness me :)

Not sure I see a margin call generated collapse down to 90p in this name, but we shall see.

Maybe a rise in the short level, which we will find out in an hour or so when the latest information is published.

I do think we will see high 90's next week, if we close below the 200 today, but that is simply speculation on my part.

Anyway, good weekend all.

Far too soon to declare that, Tbhatt.

A close above the 200 DMA today, and at least on Monday and Tuesday next week as well, to give confirmation of the break.

But, hey, your prediction would suit me just fine :)

You are welcome :)

Wise decision, Mary. As was your add around the 510p-ish level a couple of weeks ago, or whenever it was.

This is indeed FRES...a company that never disappoints the shorters with their results, lol.

If they do something different for a change, and give a strong update and even stronger forward guidance, then I might finally let go of a few here myself, although stubbornly holding out for 8 quid, for what would be the first slice here in ages. To offload fully, I would want a far higher number. But that is sufficiently far off that it requires no head space at this point. It might never come either!

Maybe one day... GLA.

He means Brett Blundy, the new investor here, as per the July RNS.

In the meantime, let's see if we can get back above 103.58p by the close...

I have bought back in, with some additional small buy orders in the pipes, should the initial bounce off the 200 DMA not hold long enough to hit my target exit price quickly.

Dividend in a few weeks to look forward to, if I still remain here at that point.

I believe that we would not have fallen this far had the Directors bought a decent slug by now, but it is what it is. GLA.

Wonder if tomorrow will see another repeat of this little range, or something a bit more interesting?

Wish the seller(s) would just dump their stock and move along, lol.

Pretty much, Mary. A close above the 50 DMA first. Then hopefully one of those delightful runs this one often seems to go on, back up to test the 200 DMA, in the next couple of weeks.

Not looking further ahead than that right now. And even the above statement is risking putting the mockers on :) GLA.

I agree with you, Bhaveen. I was not/am not influenced by that, or other largely generic MSM articles - but a lot of people are.

And in fairness, the update was poor. Not a disaster, as I said on the day itself, but it was not strong either.

I also would expect them to meet H2 guidance. Preferably at the upper end. With confirmation of costs and debt down too.

They must not come in below guidance though.

After the splendid update before this one, which led to me jumping on board shortly afterwards, IMO, any kind of miss would undo the good work of the past. Especially taking into consideration the macro stuff, which they have virtually no control over. GLA.

Well, I suspect most investors/potential investors will read articles like the one in the Evening Standard on Tuesday morning, and come to a different opinion.

Throw in the lack of inside buying, the quality of the investor call, which I did not listen to, but which some posters here kindly shared their feedback on, and the fact that the pressure is now very much on the company having a bumper H2 in order to meet those forecasts....and it does not look so crazy IMO. Especially when you factor in those rising labour costs, which IMO the company did not do a great job of managing.

As often in these instances, it will be interesting to see what, if any, TR-1's drop in the next few days.

I would be surprised if this is only retail selling, but it might just be.

And above all, if your take from the update was one of optimism, well, that is what makes a market.

And gives you the chance to buy more at a price lower than you thought you would be able to.

I am inclined to agree, having been in a number of US stocks, and seeing this occur not that infrequently.

Very first time it happened was a shock to me though :)

Anyway, one of the crucial shareholders that I suggested was key to my plans to buy in here, was the one who got that board seat.

It put to rest one of the chief concerns that I had when I was considering taking a position here.

No guarantees of course, but I am very pleased with that move and I think it significantly increases the chance that this one will turn around. And fairly quickly too. Fingers crossed naturally. GLA.

Hopefully the government will collapse before they get to inflict a full term of damage to the UK.

I would vote for any party that promised to repeal most of the legislation that has been imposed on us in the past few years. Especially those policies that have obviously been drawn up by supranational organisations that are neither elected, nor remotely accountable, to the general populations of the West. And most certainly not acting in the best interests of the general population whatsoever.

In the meantime, it will be IMO a case of battening down the hatches as best as possible.

Those companies with the best management teams and balance sheets will come out the other side.

Just got to try and make sure we pick enough of them to come out the other side ourselves!

I really cannot see this continuing for another month, let alone two.

IMO, we are either going to grind higher, to at least a trading range of 400p - 415p ish, or we are going to break to the downside and find a new range there.

If nothing else, we have the new clowns' budget on 30th October, so one way or the other, something is going to happen here!

I keep revisiting the fundamentals to see if I have missed something, but the only thing I can see is the uncertainty of what the government is going to announce then.

But as I suggested recently here, I think a lot of the expected negativity has already been baked in.

Anyway, tomorrow is a new day :)

A shame we just closed a fraction below the 50 DMA today. Maybe tomorrow.

It feels like it wants to break through that resistance. I certainly want it to! :) GLA.

It is frustrating though. Have been adding small tranches here and there at the lower levels.

Now I have an average pretty much bang on the price it keeps returning to.

Tempted to take the 2% or so profit on the next move up, and just leave a book mark holding in place.

Which probably means we are close to finally breaking out of this annoying little range and back to the 400p-ish next test.

So, I may continue to grumble, but will stay disciplined and away from the sell button until at least 400p!

Subject to the logical caveats, naturally. GLA.

I blame the lifestyle and dodgy outfits, not the AIM platform itself, personally.

As I said on another board the other day, if the regulators did their jobs properly (dealing with blatant insider activity, forward selling, deceitful RNS statements etc) then more investors would have the confidence, and the appetite, to put money/more money to work on AIM.

But it is what it is, for now at least.