Member Info for LWHL

IMO. Nothing to get excited about; equally and more importantly, nothing to be worried about, to my mind.

No idea what, if any, impact it will have on the SP, but I remain a satisfied holder at the time of print. GLA.

Without some decent inside buying, this is going to 150p, maybe considerably lower, in the event of a market-wide correction. Maybe even without such an event.

A new trading range will hopefully become clear in the next week or so, regardless. GLA.

Oh, no doubt, mate. We all experience that, no matter how hard we try to be entirely dispassionate.

If I was entirely dispassionate, I would not have kept a few on the table here.

But I really do not know how the next update is going to look. Gut feeling to me says bad/kitchen sink, even. Then it comes down to whether you trust the capabilities of the boss to still be able to make a success of it.

I think it can do well enough still, to offer a return though. The question is at what average SP holding?

Furthermore, I have a couple of similar names, which I deem fairly high risk plays like this one. So I do not want to manage too many at one time. Risk management etc.

Must be due another healthy market-wide pull back any day now. VIX back to 15, lol. Been great for trading, but I remain cash-heavy in the p/f at the time of print. With enough in play to keep things interesting.

Not to mention, who knows how long they can keep the music going, regardless of the economic and geopolitical madness, where very little of the globe is not impacted. Hence never likely to be 100% in cash, personally. GLA.

Think the three day rule might be wise in this instance. I did think we could see a late sell off, but was sufficiently underweight to feel fairly indifferent to it.

I also think if we do not get back into that channel, then it could become fairly firm resistance, although it probably has a few days to achieve this.

But, to a point, I am willing to give it a degree of patience. Especially if we see that inside buying.

STX should come with a health warning. A history of corporate activity that speaks for itself in my view, but good luck to those who play the spikes successfully in any name.

Even ones like that, that have treated (most) shareholders with absolute disdain - at best - over the years. It is what it is, on AIM especially.

TET is nowhere near that....lets say division, lol...but the next 6-12 months will be illuminating here. For good or bad? Tick tock!

It would very much depend on what any such deal looked like.

I would rather we simply got bought out, than give a chunk of the business to an external party. Or continue as we are, and see where that takes us.

A deal such as you suggested, could end up being to the benefit of employees (especially senior management) but at our expense. Especially private equity money, IMO.

It looks like a big bear flag to me, so am staying on the side for now.

IMO, where we are at the time of print, the known knowns etc, around 40p would be about right.

So I agree with you, basically, although I am sure opinions of fair value will vary considerably - even based on the current knowns, rather than the 'ifs and ands' potential, down the line.

Down the line, I am naturally hoping for much more than that, but that IMO is predicated on a number of improvements and some fair winds.

Not just further debt reduction, but actual growth. Time will tell. GLA.

Yep! All the more reason to remove the risk of them looking like mediocre lifestyle directors, with some significant inside share purchases in the next few days.

Such actions would likely see others follow suit.

Even though I have added a few here and there this morning, I would likely open the wallet a good deal wider if they do so themselves.

Otherwise, my position will remain fairly small at best.

I can see the logic in that opinion.

Does anyone have a reasonable idea of the averages of the main shareholders here?

With a large institutional presence and, as covered before, a minimal inside presence, I wonder how long said II's will be willing to give the BOD?

IMO, that BB initiative was a clear failure of fiduciary duty.

BB's are pretty much always a method for juicing EPS (and thus, boosting executive compensation, naturally), which is fine, as long as the business is throwing off cash and moving in the right direction, as far as I am concerned.

This was clearly not the case in this instance.

Time for the chairman to put his hand in his pocket as well.

And the key shareholders need to be careful not to let this one become a lifestyle outfit.

Lots to like, in spite of the current situation we find ourselves in, and huge potential from here IMO - as long as they get the strategy right and manage costs extremely carefully, while they navigate the short to medium term challenges.

Then we have the dividend to potentially consider...

I mean not happy, not about the number of shares, which I imagine I probably do, lol.

Certainly not.

I quite liked the look of David's profile, but equally think that if he is up to the top job, then he should be able to show some good progress and improved results by the next update at the latest.

Especially with international growth, as the website profile highlights from the appointment announcement.

This is also why a real statement of confidence and intent from him is important. Warm words in interviews and RNS's are not worth the paper they are written on.

A six figure purchase on the open market? Worth paying attention to. IMO anyway.

But lets see if any of the BOD have confidence in their abilities to justify their remuneration in the next few days...

That would be interesting, although I would struggle to have faith in such posts if they were forthcoming - either bullish or bearish staff claimants.

The CEO has been in seat for around a year now. No excuses as far as the next update goes, but willing to give him some more time - as long as he puts his hand in his pocket.

I have little time for CEO's of listed entities who fail to follow the mantra of actions speaking louder than words.

Regarding the CFO, a similar thought crossed my mind. I assume they were responsible for the BB decision.

Going forward, the buck stops with the CEO, as far as I am concerned. Anyway, see where we are in a few weeks or so. GLA.

I plotted this one a while ago, and we fell out of a downward channel this morning.

I added a few more, because I think we are going to get back into that channel (albeit at the lower end) and probably chop around there for a while.

I think a takeover opportunity might be more likely after this update. It just depends if the main shareholders have sufficient appetite to entertain offers.

IMO this is a bump in the road, rather than something more serious.

But we might need some management changes.

And without significant inside buying, I will be voting against some of the resolutions when the next chance arises. GLA.

Proof that the BB was an act of stupidity.

Might need some BOD changes here if the next update disappoints.

Or sooner, if we do not see some significant inside buying.

Yep. Just as I thought. Still not used to seeing sustained bullish sentiment with this name, lol. GLA.

To be honest, it was only those significant inside buys that meant I kept this one in the investment pot.

Have traded it plenty, and would have probably continued to do so, but not given them a longer time-frame to deliver otherwise.

Hopefully this faith will be rewarded. IMO, at the time of print, it is showing signs that it may well do.

Meanwhile, I wonder if we are seeing a mini short squeeze here?

Need to break that 77.80p, before we can start to think of a possible 85p-ish next target IMO.

A theoretical one in my case, as (sadly) no traders in play currently, lol. GLA.

From the perspective of a trade only, I do not currently see one here. Apart from that small gap fill above.

Does not mean I am right lol :)

Even though a short, on paper, might be logical at this point, the sentiment and momentum would make that a dangerous trade as well, IMO.

Not that I am a shorter myself (although I have no issue with it, in principle), but I like to consider both sides of a potential trade. GLA.

Of that downward trend now, too (on the monthly).

Fingers crossed! GLA.

Early indications suggest the dip is being bought up here.

Would not be surprised to see the gap filled above today, and back onto 15 and another crack at a new yearly high in the weeks ahead.

That said, the daily chart is starting to curl over IMO, so not in the bag, so to speak. GLA.

Nothing to scare the horses in that update IMO, but equally, anything other than a fairly healthy pull back, given the current SP and fundamentals, would be a surprise.

Happy enough holder, but would want to see a big retrace to add back a few. See what the market thinks soon enough... GLA.