Member Info for LWHL

Prestige, eh? Yeah...let's go with 'more prestige'.

I reiterate my opinion, which I first aired here some time ago now, that the people of Malawi will be better served with a relationship with the west, than with the alternative.

But I believe we can thank Obama for one particular piece of legislation (which we essentially copied, naturally) that has IMO almost certainly played a role in some of these more recent developments.

Hey ho. Good to see the SP looking less sickly, but still a long way from celebratory levels. GLA.

Yeah, but that is a good example of how wildly optimistic/bonkers and frothy the US markets are right now.

Loads just the same as that ticker, so not commenting on that one in particular. Many are riding on the coat tails of hopium. Mag 7 cannot keep the whole thing up for ever, IMO.

Sooner or later, the old maxim of revenue being vanity and profit being sanity, will apply once again in America.

Not that I am not also pretty scathing of many UK CEOs to be clear.

Far too many are over-remunerated, mediocre low achievers who fail to innovate, as well as even fail to take good financial custodianship over the entities that they have been entrusted with. So fail on both fronts!

At the time of print, I think the BOD here do not sit within that basket (although I do not want to see any further oversights like the one that allowed me to buy in here in the first place, lol).

I am also open-minded to the bear arguments of the recently announced acquisition.

I think it will be a success - but by no means am I taking that to the bank. Macros cannot be discarded, especially the geopolitical stuff.

Anyway, I do not see a clear trade here right now. Any technical traders about?

I am pondering that 117p level, but feel that it is a coin toss whether (if we get there again) it holds this time, or becomes resistance.

Not bothered either way for the current investment pot, but very bothered, as far as a potential trade goes :)

JG: Given the stress this one has caused you - and not investment advice of course, your money your choice etc - but in your shoes I would perhaps think about letting go of those 54's you added yesterday, when (hopefully when, of course!) we return to 67p ish territory. Nice little profit and a slight re-balance of the p/f in that scenario.

Of course, that does risk sacrificing some of the upside, but it might be worth at least having a target exit price in mind for at least some of your total holding, IMO.

Anyway, I hope you do not mind my interjection. It is only made with good intentions.

Hopefully we have another positive day here. GLA.

No Ashton. I was merely observing the other posters' point.

The important thing is that, as you have acknowledged with that link, talk is cheap here and positive outcomes for non-employee shareholders currently stands at zero.

And furthermore, I take it that the last RNS gives you no cause for concern. OK then.

No worries, I gathered that.

And well done on your trade. Always nice to pull off a quick profit and back in again the same day.

I did not consider that point, enuff. Anyway, definitely will leave you all to it now. GLA.

I have seen the most recent RNS. Which lacks any explanation for the change of direction over the number of assets that are apparently now up for sale (I guess this could change again at the drop of a hat).

How credible the potential buyer is that they mentioned to you, well, time will tell.

I have heard that one before in other outfits many, many times and of course here in the past too. Especially in relation to Dundas. Years have since past and quite frankly, it remains a complete shambles, IMO.

There is simply a lack of track record at delivering....well, anything, for ordinary shareholders here.

More importantly, did that last RNS strike you as remotely credible, Ashton?

Anyway, I see I am going round in circles here. Good luck to you and everyone else too. No more from me until the next RNS here.

It is the stupid censor thing here. It was not a rude word - think of a male hen for the censored part of the word. Meaning confident in an excessive or arrogant way.

I actually wrote a detailed rebuttal to all your points, but we are getting into derail territory, so for the benefit of other posters here, I deleted it.

In brief, let us agree to disagree. Where we share the same goal, is to see this company do well and with it a SP materially higher than today. GLA.

20th December one, in case anyone wants to double check. Clear and unambiguous statement of intent, surely we can all agree?

Thanks, CC. Glad that someone else spotted this too. It was clearly outlined in one of the earlier market updates, so I was not trying to spread mischief. I guess there has been a flurry of new RNS's, so it can be easy to forget.

IMO if they are no longer looking to sell all non-disko assets, then this is a change of strategy and they should provide reasons for this, to my mind.

I also think that with each passing RNS, they look more desperate and the business an ever weaker investment case.

But to each their own opinion of course.

hmmm, i am long here and have faith in the management too, but i would not be quite so ****sure in your multiple economic predictions, megla.

interest rates starting to fall this year i could well see, although whether that is due to inflation being back to an average of 2%, remains to be seen (clue - no chance). more likely for reasons of panic, imo.

i would support tax cuts to be clear, but cannot see it happening any time soon, here or across the pond.

us is doing well in comparison to the uk and eu, but have you drilled down into their jobs data?

multiple door dash type gig work does not replace a single high paying tech job for example. and plenty more lay offs in the pipeline, wait and see.

lots of big us company earnings coming up very soon. see how they look.

Ah, many a time I have missed a boat with setting a buy order too low. Especially frustrating when it is only by the very smallest of margins!

To dwell on such things is a path to madness though....so don't :)

IMO, buying now is fine, if you have confidence in the direction of travel (pun intended).

I tend to try and be laser focused on prices when trading, and a bit more relaxed (lax perhaps) when the horizon is for the long term investment pot.

Given my investment pot holding is underwater here, perhaps the LTH purchasing strategy I have is best ignored though, lol.

Glad to see the market likes the update. In truth, I expected a red day off the back of it too, because this is what normally happens to the acquiring outfit...the additional costs involved, theoretical risks elevated etc.

I would be open to a move to a US listing at some point in principle, although for now I think we should stay put.

Not sure if it increases the prospect of a US entity looking to buy us? Even more synergies now etc?

They presumably have been trying (for a long time now) to sell all the non-Disko assets.

Perhaps they have simply not had any interest, at any price, for these assets?

A fire sale requires at least some interest, after all.

Certainly we all hope so - and really no reason for it not to be a pretty safe cash machine in the years ahead. With better management of the business.

Anyway, nice to see my purchases yesterday are looking quite smart at the time of print!

Was expecting to see 51p early doors, but maybe/hopefully I was being too pessimistic and we have found a floor now? Fingers crossed etc.

Yes, it was a negligible increase, but the market has been generally punishing those outfits where debt levels have been rising. But I was thinking more about the covenant increase itself, perhaps leading the market to thinking it would be higher for longer maybe?

Agree that fare prices need to rise in some areas, but presumably contract restrictions have tied their hands on this currently. Otherwise, it seems like a massive oversight that even this lot could not miss, lol.

I would like to see some cost cutting at the top of the business too, but of course that rarely happens. I reckon you could save a few quid on some of the bloated remuneration packages here, much as you could across the entire market.

Yeah, that kind of update would have seen me take the loss and wait on the sidelines, licking my wounds!

But equally, having revisited the update, I can see why the market did hit us with a bit of a further cut.

As others have mentioned, the US business aspect and IMO, the big one being the increase in debt covenant. Nobody likes to see that in a tight credit environment.

Less said about the CFO error, the better. Hopefully the next one is a safe pair of hands.

Have not had a chance to listen to the conference call yet, but thanks to those posters who shared their opinions and feedback on this so far.

So, where is the bottom? I would not be surprised to see us touch the high 40's in the days ahead, without further news (or Cos further adding).

That is where I am going to set another buy order or two, but finger in the air stuff really.

Not going to chase it either. Like others have said, this one needs more time.

Hopefully some further nice little trading ranges will appear, to take the edge off the annoying wait :) GLA.

Sorry, but it is buttons to them (and not that big a figure even for a HNWI, let alone an ii) - and look at, and compare with, the high quality names that joined the 8p raise in the past.

Who according to a number of posters back then, must have known something/done their dd before participating etc etc.

Not saying that it is 100% certain that their investment is going to go the same way as Octopus and Mr Kight's for example, and good luck to you, but IMO, I would not get too excited by these recent holder updates.

If only their politicians were as inspiring as their national anthem.

I think Simon makes some good bear points actually, although I agree with you that the CFO point was probably a bit of a reach.

I like the fact that this chat board allows both bull and bear points of view, unlike some of the other ones, which often seem to denigrate into playground silliness.

Anyway, I am still watching from the sidelines myself. Disappointed with the lack of buying from Jose at the very least, but from a technical chart perspective, it is a fair old battle right now!

If it can stay above the 50 DMA this time, which I have been waiting for, I am going to jump in for another trade, because I can see another go at the 200 in short order, if it does.

Not sure it will break and hold above the 200 without some material news, but will cross that bridge if we come to it. GLA.