Member Info for LWHL

Yep. This needs some shareholder action really. I would be embarrassed if I was SOH. Grossly overpaid, but so typical of AIM management.

Like I said earlier, the business update, whenever it happens, is going to be what matters.

SOH can do all his usual corporate patter and check list of buzz words, but the numbers are going to talk loudest.

We are providing this BOD (and him in particular) with very generous remuneration. And we have done so for a very long time now, too.

He needs to start repaying that faith to shareholders PDQ.

Why would they need (another) cash call?

Surely the sale of all those historic assets, where talks have presumably been ongoing for quite some time now, will provide ample money to fund operations for a long time into the future?

Or do you not think they are going to get any buyers, or only a negligible sum, rather than the kind of numbers that some posters here in the past gave their own projections for?

If it helps to shift the iceberg seller sooner (assuming T are still doing so), then all is well and good.

I have no opinion on whether or not I agree with your statement, Polishcap.

It would be my preference too, sure, but I do not take offence by the lack of it - as long as everything remains on track and as per the last update. GLA.

I agree that it does look like a price tag that is hard to justify, especially given who some of the directors are in that company and given the proportionate cost to JAY. It is hardly a drop in the bucket is it?

Was an external, independent valuation conducted prior to this offer being made, and which gave an indication that this figure was in the right ball park for example? To be clear, I am not insinuating anything, but genuinely curious.

I look forward to the opinions of Ashton on this latest news.

You would have thought it might make more financial sense to sell those other historical assets first (still radio silence on that front as far as I am aware), rather than taking on another prospect, but I presume holders feel differently.

Splendid. Now show me the money these products are making. Profit is sanity etc.

Low volume at the moment of course, but still going to set a small buy order myself tomorrow I think.

Earnings update is still a good few weeks away, but at this price I fancy the prospect of another small trade.

If I have missed the boat this time, and the low print was made today, so be it. The longer term pot remains untouched. GLA.

Actually, having just read the BME RNS today, I think I will take it off my watch list for now.

I would be outraged if I was a holder in that one right now. Will not de-rail this thread further on that topic, but have a look for yourself if you have not already done so.

Stephen really has achieved very little, relative to the package he has drawn, in the past couple of years. And that is being generous, IMO.

You can accept these things take time, but this is hardly a business in the first few years of existence.

We should be turning a profit by now and free from the need for any further cash raises.

Marketing and business development has been disappointing for years too. Which he ultimately has to take responsibility for.

A new six month low print too, in a share with very little trading volume, underpinning this failure to generate interest in the company from the wider investment community. Another failure on SOH, as far as I am concerned.

Whenever the next update comes, will show us whether we are still a jam tomorrow lifestyle outfit, or finally starting to turn into a serious business.

The SP suggests a sentiment very much supporting the former, but I am sure we would all be delighted if it turns out to be the latter.

Ah well. The sun is shining, so might as well make the most of it. GLA.

Jed: I would absolutely expect some kind of outline, although anything market sensitive will naturally need to be popped into an RNS beforehand.

Fingers crossed, but at the time of print, we have no reason to expect anything untoward.

As to the other poster re B&M: Former holder in that one (having bought near the lows, but sold up a bit too early) - but back on my watch list now. If it hits my target price, I will start buying back in. Like this one, lots to like IMO. Especially given the economic climate, which (again IMO) is going to be a drag for quite some time yet.

But, for the likes of these two, subject to ongoing strong management of course, might not be such a bad thing. And if the macros improve quicker than my fears, then it will be even better for them potentially. GLA.

No guarantees in life of course, but for me, I like the risk/reward ratio in this one - but the sizeable dividend is crucial to this opinion.

I also think that at some point, we will enjoy some decent capital gains on top (a much higher SP than today), but that is not something that I expect to see in the next 12 months anyway.

Naturally I would be delighted if this proves to be unduly pessimistic, but cautious expectations are IMO sensible, given the macros etc.

Yeah, I am inclined to agree. I had another look at the numbers after Bhaveen's comment. Unless I am reading it wrong, then the debt pile is essentially a non-issue.

I cannot speak for NT of course, or why his price target is only 102p, but thought it might be of some interest to share as an aside.

Presumably it is a number driven by some TA, and is typically short term in focus only. Totally different scenario to investment analysis over a potentially longer time-frame.

Mine is also a good deal higher than that, but let's get back to a quid for starters anyway while we wait to see what happens :)

Not a clue :) IMO just generally tracking the wider market indices. 4th July for ex dividend and currently circa 8.6%. That is what I do know... GLA.

Me too, Nick, although I have no opinion in either direction in this case. It does not always lead to such corporate actions, but nevertheless, something to keep in mind.

From a chart perspective anyway, IMO it feels like it wants to go a bit lower, although we are still very much range-bound at the time of print.

As always, I would welcome the thoughts of any posters who are actually good at charts. Something that is still very much a work in progress for me :)

When did he say that? The debt pile is not a feature of concern to my mind. In fact, it was the significant progress on the reduction in debt that led me to buy in here; the key point among a number of other attractive fundamentals that formed the basis of my decision. The return of the dividend, while pleasant, was not one of them, for me.

Obviously, the BOD needs to continue the positive direction of travel on this matter, along with the other key metrics, but right now, all good, as far as I am concerned. Fingers crossed, touch wood, etc :)

I did not listen to it at the time but regardless remain long here. Although I naturally regret not taking profits back in the 80's now, lol.

I did think about it, but felt we had more in the tank. And this one is in my bottom draw basket, so to speak, so I try not to trade such ones as I do others. Sometimes rightly, sometimes wrongly :)

Now I think we are going to see 64p, perhaps as low as 62p-ish prior to ex div. Which will be my add point, if it comes to pass. Will be over 9% dividend then. GLA.

102p apparently. Although he does let them run much longer, presumably when he still feels they have legs.

Equally, he does not always wait for the exact price for those trades he takes a profit or a loss on, lest I run the risk of coming across as ramping :)

84p seems to be his planned stop loss. If this hits on no company-specific news, then I will be adding, but to each their own.

I would prefer not to have that chance to be honest, but equally will not be phased if it does come to pass.

It makes no difference to the decisions I take for myself of course, but he is a much better trader than I am, and it is nice on those occasions that I see we have come to the same conclusion on a particular stock.

Like I said, IMO, 102p is a little premature, but time will tell and naturally, if events change, then so will my opinion.

Appears to have opened a position here recently. Nice one. Hopefully he will get more of a profit than his stated target price, which IMO is a little on the cautious side. But let's get back up to and above a quid first of all :) GLA.

It would be great to know what their intentions are, but highly unlikely we will find out - unless they go to a zero holding.

If this is their intention, I agree with an earlier poster who suggested that the house broker should see if they can help with this allocation transfer.

An accelerated buy back perhaps, if another institution is not interested in taking a big slug from them. No need to offer any steep discounts or other such inducements though. The fundamentals right now mean that if the SP is going to continue to suffer a drag for another six months or so, so be it.

Not like an outfit that needs to consider a cash call for example, where such a drag would absolutely cause problems for the company. GLA.

Oh for an edit/delete button on these chat boards...

OK, so, an appeal by the looks of things. Cost considerations notwithstanding.

I have been out all day and just saw the SP, but nothing anywhere in the media.

Do we know for certain that the IM verdict has been reached, or is this speculation?

The SP has not breached the year low, which I would have expected in such an event.

Either way, they should have a plan already lined up for such an eventuality IMO.

Not that IM formed part of my investment case when I was a holder, but obviously it would have had a very beneficial influence on a variety of things if it had proceeded. Or if it still does. Like I said, I cannot see anything about the verdict. Not trying to make accusations or suchlike, but I want to see an RNS.

Not that it matters either way, but I have not bought back in, so only an interested observer at the time of print.