Member Info for LWHL

To test the 200 DMA by late March/April time. Hardly an exciting or radical call...although it seemed miles off within a few days of my saying it :)

My target here, as things stand, is a good deal higher, but no idea when that number will hit (assuming it ever does, of course). With a dividend like this, patience is more easily observed though.

IG do not lend your shares without your consent. I spoke with them about this exact scenario a few years ago, when I too wanted to make sure they did not undertake such a practice. If you think they will do it anyway, set a high sell order for your holdings.

Not that I have a problem with shorters. I have a problem with weak BODs, whose failure gives them the opportunities to short a stock.

If this fails, the blame will rest with JD and the wider BOD alone. GLA.

Still on track for my prediction to come off...although not via the route I expected it to take, at the time I made that comment!

Feeling a little less foolish now. It will not last, but I will savour it while I can :) GLA.

We share the same opinions when it comes to the CEO here, Tom, and I am undecided whether 60p hits before 80p, but that inflation print across the Pond has influenced me to take profits on the trading tranche.

I expected a miss, but seeing it confirmed, on top of all the other macro stuff...I can see it at least revisiting the 200 DMA before ex div. Which would have put my 68p ones back under water. That would have annoyed me more than seeing lost profit if it does not ! :)

And like I said, still got a fair amount in the longer term pot which I am happy to sit on until (hopefully) that 80p print... GLA.

Above the 50 DMA by the close would be quite bullish, IMO.

If we fail to get back above it before the close tomorrow, or by early trading on Wednesday, then I could easily see a revisit of that 25p level happening again before the week is out, just for balance.

Neither a ramper or a de-ramper :) GLA.

I thought about it, but decided to sit tight. It would not be a punt otherwise!

Also thought about setting a buy order, but then it would move away from the realms of a punt, towards an investment. Would have set it lower than 25p anyway, so would not have made a difference.

Might consider returning as an investor here, if JD demonstrates his genuine belief that he can turn this around.

The criteria for that is simple: he opts for a fund raise at say 70-odd pence a share, by or before the put up or shut up deadline. For which he is an active participant in the raise.

At that price, it would not require much further dilution, and could move the company away from the lending facility that many, entirely understandably, are not especially keen about.

Or he can do what most of us are hoping for, and pony up an all share cash offer around 70-odd pence.

I am quite tempted to ask my MP that question, Jargonpain.

It would be a trick question of course, because they all are, naturally. Certainly the politicians anyway, if you consider their parties to be clandestine :)

To Pogo's last comment: Nobody is asking Ukr to sacrifice their existence.

Most people elsewhere in the world simply do not want to continue to fund what is likely to be an unwinnable war, when their personal and nation-state finances are in such a desperate way.

They do not want their sons and daughters to be sent abroad to fight a foreign war.

A war that the children of the politicians will not be at risk of being called up to fight in, you can safely wager.

Never mind all the cash and weapons that have 'disappeared'. As always happens in war, not unique to this one.

And if our 'representatives' decide to steal those R assets currently frozen, for whatever reason, however noble the purpose appears to be, then that will be yet another serious strategic blunder that will have far-reaching consequences for the west for decades to come.

Lots of foreign money has already been leaving the UK and elsewhere since the swift decision.

If I was a Chinese or Indian, or indeed any non-western billionaire for that matter, I would have pulled my cash out too, or only left 'punt' money in those markets, rather than significant sums.

No certainties that the conflict will not expand one day and your assets stolen too.

Anyway, last derail post from me here. And let us hope for a resolution before too much more damage to human life and wider environment is done.

I do not see the logic behind publishing this RNS when they did today, rather than 7am tomorrow.

It may not be a disaster, but it hardly gives the impression to the market of something good, either. And sentiment is all that matters, when a company is not financially bullet proof.

I think if JD does not have this potential deal signed by this evening, ready for release pre-market tomorrow, then he should pony up the £10 million out of his own pocket, on terms no worse than those of that lender (preferably much better, quite frankly), to be confirmed pre-market tomorrow instead.

Talk is cheap. Some of the bulls on this chat board have suggested he is someone of principle and integrity. That he will not go down the CVA route, or shaft shareholders etc, etc.

My punt holding here was not influenced by patter, or on the basis of his apparent moral compass, so if it goes pop, so be it.

But if he is not willing to put another £10 million here, should that loan not be agreed ASAP (the terms of which are not great, but equally nowhere near death spiral financing either), then it deserves to go pop and with it, his business reputation, IMO.

It simply comes down to how much (if anything) you can trust with this outfit.

Still no inside buys (lol), no TR-1's (incredible!) and no update on the apparent third party issue that resulted in this company misleading the market with an earlier update, that is at best a failure of fiduciary duty. We know what it is at worst.

Either way, they have destroyed shareholders here.

I am so tempted to discuss the topic of our freedoms here in the UK, since you made a statement that is not a truth, but simply an opinion (that you are entitled to, of course) - however, as I am unsure of whether or not it would fall foul of the Online Safety Act, I will say nothing :)

In all seriousness, most of us are sympathetic to all the innocent lives being lost and the environment being destroyed, but must you continue on about the war so often?

Anyway, as for the SP here today: holding up well IMO in a market that is currently uneasy. GLA.

Lol. I do indeed. Will post if I do....

Yeah, any day now, basically. Very tempted to jump back in, but currently being a scaredy-cat.

I agree that Barker buying any, let alone a decent slug, if he knew results were going to be terrible, seems illogical. Well, I mean, if he had only bought £5K worth, different matter, but it was no small pocket change, even for a wealthy person, IMO. Anyway, GLA while we wait.

I have seen them do this with a few other shares - up and down by similar, small percentage amounts that require TR-1 notifications.

The very first time I noticed it, I thought they were starting to build a proper position in that stock. Then I was puzzled when, a short time later, it reversed back again in another TR-1. So I would pay no heed to it, but watch and see if they do similarly here in the weeks ahead. GLA.

Certainly hope so. The last time I felt like this about FRES, it went on a run a few weeks later. History repeating itself would be welcome :)

Managed to take some profits around the last peak, but have gradually rebuilt my position here. Bit overweight (again).

Lower average than before, but still poor risk management and position size, in truth.

I can think of some course analogies concerning my relationship with this outfit, but it is before the water shed!

Good weekend all and hopefully this troublesome worm will turn before much longer.

Thanks for your thoughts, Tony.

BTB: Indeed. Must be a seller. Hopefully they p@ss off soon! Good weekend all.

Do you mind giving an idea of your target price here, Tornadotony?

I currently feel 590's could be a short term prospect...but I am absolutely hopeless with this one most of the time, so no confidence in it hitting any time soon!

Hoping for a number considerably to the north of that, should silver ever see what I believe would be proper price discovery and do not currently have a side pot trade here. Just curious, that is all.

Sure, but ex div is not until 9th May. That is practically a lifetime away, in stock market terms.

Short term, you want to see how it reacts to a test of the 200 DMA. If you do not get a little bounce which holds there, then it could move quite quickly to the mid 130's IMO. Will take a view for a possible technical trade if we get there.

What the institutions do is all that matters here though really. And this is of no relevance to LTH strategy either. GLA.

100% agree.

They still should have notified the market about it in a timely manner. IMO general shareholders had a right to know.

I was not a shareholder at the time, but nonetheless.

I wish Mary had held on longer, simply because she is on fire right now!

I hope you are right about 80p. I am holding on for now too, as I think this still has legs, but it would not surprise me if she had pretty much caught the top!

Well done Mary. Nobody went hungry taking a profit. GLA.