Member Info for LWHL

I missed out on a good trade here after the last terrible update. I am going to risk missing out again after this further disappointing update, because I do not think a potential bid card will be in the pipes this time.

That said, a string of huge inside buys might change my mind. Nothing else will I think.

But will watch the SP action with interest and I wish good luck to those of you in play here.

Uses words and sentences that sound like the business is absolutely flying.

Then you see the revenue figures and you wonder how Stephen can continue to justify paying himself anything from the business. He should donate his salary back to the company, lol. I would not be able to look myself in the mirror.

Still, we have plenty of SBTX shares left, so he can continue to reward himself like a king for a while yet at our expense.

Similar thoughts. And I have been adding to the dry powder pile while the VIX has been returning to a (IMO) complacent level. Not unexpected, as I alluded to a few days back on the FRES board I think it was, but be fearful when others are greedy etc.

In fairness, I have added to a couple here and there during that time (including this one today of course) but the trims and outright sales outweigh the buys at the time of print.

Anyway, if the VIX continues to fall and the markets continue to rise, I will continue with the same strategy. Good enough for Warren Buffet etc. GLA.

Yep. Always like to see that. Being disciplined (for now, lol) and sticking with the buy orders I have recently reinstated. If they hit, great. If not, that is fine too.

Jackson Hole meet on Friday I think, so let's see what the global central planners have in mind for us... GLA.

Hopefully a very strong update, but I have taken off my trading ones now and just sitting on a small core position.

Which I will hold through results. Then take a view once we see the black and white of it all. GLA.

The trouble with this one is that it is fairly illiquid. With often unappealing spreads.

Pretty small free float though, so presumably when something happens to move the dial, it will do so quite quickly.

Meanwhile a small divi to reward the patient for waiting, until the time comes where investors might also see some decent cap gains in the SP.

There is certainly never a dull moment in this one, Mary!

There were no II reduction notices after we collapsed from mid 80's to 50p, which I find staggering to be honest, but perhaps that simply means we, by and large, swapped one group of stale bull PI's for a fresh set of investors and traders.

I would say the chart looks primed for a go at the 50 DMA in fairly short order, but we have had a pretty meaty rise in the last week alone, so I can see the logic in taking some off the table now/soon if you bought a decent slug around 50p.

I had a couple of 'taster' orders set at 377p, which infuriatingly do not seem to have triggered. Despite the current day low print, I assume nobody got to buy at 377p or lower? Have not looked at the spread here.

Either way, I have therefore cancelled those, and taken a small opening position in the low 380's the old fashioned way.

Will likely add a few more around 350's, which I do expect to see ex-div at some point, then will take a view if 320's come into play. Bear case thinking.

IMO, the chart looks ugly and I will be pleasantly surprised if I have managed to buy near the lows.

However, even allowing for all the negatives, which I think the SP to a large degree has already factored in, I like the risk/reward play at the time of print and can sit on a position here for as long as it takes, if needed.

Subject to the obvious stuff, naturally. Nice to join you all here. Hopefully we will prosper together. GLA.

The chart continues to look wonderful here (famous last words, lol).

Some small, but healthy pull backs over the past month and not much resistance (that I can see anyway) until 150p-ish.

Even then it is not significant resistance, but IMO fundamentals might start to become a consideration if/when we reach that point.

Then of course the fundamentals will be newly calculated once we have the next set of results in late September (I think I am right in suggesting). GLA.

I think a lot of this buying pressure is the result of those significant inside purchases, not bid speculation, jed.

I anticipated a retrace to 57p-ish over the course of this week. I use the past tense, because my feel/projections here seem to be consistently wide of the mark and no doubt it will be so again, so I am preempting this now!

Either way, I do think, if/when we hit high 60's, we will likely see some people taking profits from eg low/mid 50's buys, as well as those who perhaps got trapped in that high 60's range, and will look to take a break even position on this trade.

Personally, I am looking for mid-70's before I initiate my first slice. 80p-ish for another slug. Then leave the rest to run for a bit, subject to the usual caveats.

Not a buyer here either though, although I potentially would if I did not already have a medium sized holding.

Low 50's for that action, since you asked :) GLA.

Well done, Wiscos. Always satisfying when an investment works as planned. And IMO sensible to take some profits along the way. Because nothing is certain in life.

FTSE350 buying pressure might indeed give us the next leg up, but that is subject to the wider markets behaving nicely during that transition window of buying.

And we might lose some who do not track the 350, so that aspect is not going to necessarily be one way traffic, so to speak.

None of which matters in the slightest, as long as the business keeps on improving profits and reducing the debt pile, as far as I am concerned. GLA.

Well done Mary. Have a good weekend and hopefully more of the same next week.

VIX below 15 too, at the time of print. Tempted to take a small trade in that one if it revisits 12's. Logically, it should bounce back to at least early 20's fairly soon, based on various things, but never traded it before and I do like shares, rather than (opaque) indices.

Anyway, the sun is shining and I think it is probably wine o clock :) GLA.

It will also be interesting to see if GLG and MW have closed out their positions in the next few days.

Threshold shorts currently stand at 1.28%. No idea what the total short float is when you include those under the radar. None of which matters of course, but something I like to keep an eye on periodically.

Well, if it does go that low, after these inside buys, you are going to see a significant number of people pick those shares up, IMO.

Subject to the obvious caveats, I will be one of them. And I suspect a few others here will do so too.

As to the other poster's question: I do not think they are buying on the basis of expecting a bid.

I think they are doing so with the confidence of their convictions that they are going to make this a profitable cash machine that spits out dividends again at some point in time.

Personally, I am open to either scenario, but as I said before here at some point, a bid is not part of my long thesis.

Yeah, pretty sure he said he was out for a small loss a week or so ago :)

Anyway, no idea where the SP will be next week, or even next month - and I have been wildly off in my short term predictions in this one, so am not even going to try this time, lol.

See where we go, but hopefully a successful journey in the end. GLA.

I suspect those who do not have their landlord properties in a company structure, and who have not already sold, will for the most part avoid selling unless they have to now. Until/unless the taxes return to a less punitive rate.

As other countries who have interfered excessively in the rental market have found, it is generally to the detriment of those who they are trying to help.

It was ever thus, because the solution to pretty much all problems is less government, not more.

Anyway, this one has recently caught my attention and I see another poster, whose opinions I value, has also recently jumped on board here.

If I get my target entry price, I will join you for the journey. GLA.

I do like the cut of Per's jib! Not for him some trifling purchase that creates more fear than confidence in potential investors and the market!

Another significant show of belief that underpins those optimistic words, I think it is fair to say.

Whether we eventually prosper here or otherwise, this is clear alignment with shareholders.

I am in for more today, even though I generally avoid buying stuff on Fridays. GLA.

Well, I stand by my previous bullish comments...but nevertheless sold my final tranches.

Simply because I wanted to have the additional capital on hand for other prospects.

And because this has had a very nice run up from the lows.

And because it is nice to leave some for the next man, which no doubt I have left plenty here :) GLA.

I saw you over on that one, having been pondering it myself after that RNS and doing some early stage research into it.

I will likely take my own maiden position if it hits low 370's, then potentially add on the way down (as is our similar style in this stuff). Might be too greedy of me, but we shall see.

You added more here recently, or fully loaded for now? Well done on RANK by the way. Never been in that one, but had one eye on it in the past, without ever pulling the trigger. So difficult with so many prospects (especially when you throw in the US markets). Got to be careful not to spread the p/f too thinly!

Yep. I saw that too and bought a few more immediately, with a couple of slightly larger additional buy orders now in the pipe as well.

The way to my heart (well, my pocket anyway) is decent-sized inside buying. In case anyone had not already noticed :)

Hopefully he makes a packet on those ones...along with the rest of us. GLA.