Member Info for LWHL

Looks like we have drawn similar TA conclusions here, MasterRSI.

Although I am agnostic as to whether or not the price is being manipulated right now, and cannot say with certainty that we have found a short term bottom yet either.

Fed rate decision later of course will almost certainly impact this one (and most of the rest) for the remainder of the week at least IMO.

So it could be a quick trip back up to that level we both have our eyes on...or another leg down to 83p ish, perhaps.

I would be surprised if it was not one or the other by October at the latest, but purely speculation of course. GLA while we wait to find out.

If you are looking at this for a LTH, then unless you now see something that changes your original thesis, why would you look to sell?

Obviously if you see something you feel is a better bottom draw investment, or are changing your strategy, then that would make sense. Although only time will tell if that decision was wise.

Naturally with the power of hindsight, I would have sold at the top earlier this year - but I would have bought back on the quick retrace to 70p.

Because I like the space they occupy and think, over time, they will offer me some strong capital gains.

While hopefully continuing to pay a nice dividend while I wait.

But this is only a small part of the p/f and one of the few where I plan not to mess around too much buying and selling, here and there (which goes very much against my instinct, lol).

Unless something goes badly wrong and leads me to an opinion that this one is in terminal decline, I hope to be holding it for many years into the future, and all the ups and downs that that will likely involve. Old school investing.

I play around with lots of others, so it's nice to give a few stocks a chance to hopefully reward long term patience.

Not advice of course, but just my thoughts. GLA.

Nope. The SP would be at least 60p, and probably closer to 70p, if all were expecting better results.

That is not to say this might not go lower, perhaps materially so, if results disappoint, but IMO this is primed for a nice rise if results are in line and the forward looking statement is bullish. The former should be nailed on, or serious questions about the BOD will be asked. The latter...no idea.

I remain only with a small position right now until that update and like I said before, will take a view at that point. But I felt the need to challenge your opinion on this occasion.

Not long to find out anyway. GLA.

Yeah, a rate increase would certainly reward holders of the SQQQ ticker :)

More chance of finding a trustworthy politician I reckon, but we will find out soon enough.

Anything that is not at least a 0.25% cut will see the markets drop like a crash for cash grifter...

Bit of a falling knife, but I took a small punt myself around 90p.

Without some notable inside buying, that is as far as I am willing to go with this one.

On fundamentals, even allowing for debt etc, IMO this looks a little oversold now.

Although it can get more oversold of course and not necessarily turn back up quickly either, lol.

Jury very much out on the BOD here, IMO, for anyone who is looking at this from an investment, rather than trade, perspective today.

But hopefully we have another go at the quid to 105p level, before finding out either way. GLA.

I very much doubt it, Jed. Unless we see a flurry of updates where all those Directors who bought huge amounts suddenly print sells. Which I am 99% sure is not going to happen :)

Could be traders who bought in for that scenario alone exiting perhaps.

While I would of course prefer to see a higher SP immediately, my thesis has not changed here, so I remain long. GLA.

You in for more at this price, Mary, or holding fire for now?

My comment was about AIM generally as well, Sieveco.

But the issue is the weak regulatory scrutiny and lack of serious deterrent for the shifty directors.

AIM does not need to be this way IMO.

But given the type/quality of government and various regulatory bodies that we currently have (and have had for decades now) I am not sure they are suited to such a task.

Increasingly, I am not sure any of them can even be trusted to run a bath.

Blame the regulators, not the AIM itself.

If they policed properly some of the malfeasance that happens on AIM stocks, from the irregular share price movements that seem to happen quite often just before good or bad news, raises etc, to the many examples of blatant dishonesty that we see so often in RNS statements, then IMO it could be a credible avenue for investment.

Currently, and perhaps for some time now, it is only a vehicle for short term trading and quite often, the greater fool theory.

You need to make it financially ruinous for those BOD's who fail in their fiduciary duties, for a start. Something that simply does not happen right now, IMO.

In fact, to the best of my knowledge, the only time they really face serious consequences is when they really overstep the mark. The one I am thinking of went pop in early 2019, and does not even have a fraud trial date due to commence before 2026!

Across the Pond, there are plenty who feel that the penalties many Enron executives faced were not severe enough. Quite an interesting one to explore the finer details of, for those so inclined.

And that was not an AIM-like stock at the time either. It can, and does occur in some of the more regulated bigger markets as well. Quite a few examples on the FTSE we could discuss, but that is probably enough of a de-rail for now.

Darth Vader always wins in the real world, Xenor.

Anyway, it would be good to see consequences for the BOD if indeed they have done anything that sits outside of the bounds of fiduciary duty, or other actionable behaviour.

It rarely seems to happen quite frankly regardless, but we shall see. So many bigger macro issues right now, it is all quite trifling in the wider scheme of things.

I have not seen the mutt for a while on here. The chat board has certainly been the better for its absence :)

Good luck to everyone else here and I hope you all make back any losses quickly.

Yeah, I decided to add a small amount more myself. Will take a smaller amount than originally planned if/when that 57p hits again.

I now think the 50 DMA level will offer more resistance than I felt it would last week, but this one is a free spirit, and I rarely call the short term movements correctly here, so will just continue to enjoy the ride. Or at least try to :) GLA.

Yes. That does happen occasionally in failed states. Funnily enough, it sometimes clears up the corruption for a few years in villages and towns where the people decide to plump for natural law, when the establishment law does not deliver.

Not that I am advocating anything of course, just passing comment on some historical precedents that have been recorded.

I remain of the same opinion as GLR.

Would be interested in the thoughts of Myles M too, if he is willing to share with us here.

Not a buyer right now personally, but not selling either.

I would however welcome an RNS from the company. Either to deny or confirm this report/story.

Welcome to doing business in Africa. I doubt the Chinese would allow it, but then they do not do baizuo.

We need to make sure that we send a firm message here.

If this was on a high PE ratio, high debt pile etc, then I would agree with you.

But if you look at the fundamentals here, the SP really is quite bombed out.

None of which acts as a certainty that this is a slam dunk win for sub 4 quid shareholders, but IMO there are many more risky equities right now than this name.

Ultimately, all of this stuff is a trifling insignificance when compared to the escalation of war right now.

The politicians better be sending their own children, nieces and nephews to the front line before they consider trying to send any of mine. Would be nice to see them lead by example for once.

Surprised that this one has continued to drift slowly down since the last update.

Annoying too how multiple buy orders have failed to hit so far. And live quotes are always so much higher than live sell offers. Which has put me off further adding in this one.

If the next update is good, hopefully they will consider a buy back programme to supplement the dividend.

That might help to burn through what is presumably an iceberg seller.

If/when we get back above, and hold, the 200 DMA, that will likely see a fresh wave of money coming in from technical traders.

Before then, we are going to meet some fairly stiff resistance around the 400p and 415p ish levels IMO.

But the past week or so has been cautiously positive and hopefully a bottom has now been put in place.

Might put in a cheeky small buy order for low 370's, in case we get a Friday afternoon sell off. Add those to the current trading pot, if it hits.

Otherwise my plan remains unchanged and hopefully a decision to make on the trading pot sooner rather than later....although as always, never wise to look too far ahead, when it comes to stock market stuff :) GLA.

The last holdings in company update I can see is the Sandgrove reduction on 07/02/2024, but nothing since. Using your link, Ashton.

Like I said, it is of no consequence to me, but genuinely curious now...while feeling like I might be having a Homer Simpson moment :)

If I could edit these posts I would! I was in the process of adding that the one on that date referred to issue of options for several of the BOD. I did not see (and still do not) about Sandgrove exiting their position here in full.

But it does not matter. Happy to defer to you on this.

Ashton: As I said, I have not made any accusations.

But I do not see an RNS for 5th April. I checked the RNS list on the old JAY chat forum just now. Not disputing your statement either. But either way, it seems to clear that up.

ButtonedUpTheBack: Did you not hear Mark Zukerberg's statement about White House pressure to censor C19 content on Meta, only a few weeks ago? Or Musk's outline of how his predecessors went about managing certain things at Twitter before he took over? How about some of the highly classified information that has been leaked via data dumps and hacks in the past few years?

I agree with your opening sentence in principle by the way. I would just suggest you exercise the same caution when watching MSM news, as you might do when listening to politicians that perhaps you do not like or trust. And even those that you do like or trust.

Sorry for the de-rail but your post caught my attention and I felt compelled to stick my oar in :)