Member Info for LWHL

Eh? I am invested here!

Well, I do not want the dividend reinstated until they can demonstrate the company is on a sufficiently sound footing to not need to suspend it again soon after.

I would rather they wait a bit, build the balance sheet and continue to get debt down, for the time being.

In theory, higher for longer, yes. In practice? Depends on how the economy stands up to the current rate levels in the months ahead, IMO.

Not to mention the health of the banking system and all that entails.

I would not be surprised to see rate cuts before a 3% inflation print. In fact I would be more surprised if it did not come to pass.

Around 107p. That is not a technical level, but one I am comfortable with making another ladder purchase into.

Then 101p ish probably. Not looking further ahead at this point.

And none of those numbers might hit of course. Not looking to spread FUD etc.

Give it time, Jonny. If we get to the close above the 110p level, having not put in a new low first, then IMO that will be pretty bullish for us. Especially if we see similar tomorrow/into early next week. Must not make a new low in that window though, for this theory to play out.

It was not a terrible CPI miss (it was not a huge surprise either), but equally, it does call into question the disinflation/soft landing narrative right now.

I have put in a buy order. Will post if it hits. GLA.

I was not actively managing my share portfolio 10 years ago, so that is my excuse :)

And I am also, at this stage, not planning on being an investor here. I think I have seen an opportunity for a good trade...which is a comment which may, or indeed may not, age well.

As a LTH, surely you should be pleased to see fresh money coming in here? You certainly, IMO, should be looking for the BOD to be buying a decent chunk on the open market right now.

Anyway, I hope your LTH here goes well and I hope for me that my trade goes to plan!

IMO they were (understandably) punished by the market for failing to meet guidance.

So, again IMO, the SP would not have seen these levels with better management presentation pre-update.

But hopefully this mistake will be to the benefit of those of us who jumped on board recently....

Time will tell of course, but say you are right and they maintain, rather than grow, revenue significantly from here in the next couple of years...do you think they are therefore expensive at this level?

Genuinely open to bear opinions - always am - but I really cannot see the metrics of that argument, sub two quid.

That is different to where the SP may go in the news void, and is a topic of speculation that most of us enjoy participating in while we wait for material updates on a variety of things.

Not sure the main owner would be looking to sell, but who knows?

As long as it was not for less than a tenner a share, I could live with that (!), although realistically I would hope, given the new silver mine etc, they would not entertain a number that was not materially higher than that.

I agree. Equally, if it is not a good print, then 110p is not going to be the bottom either.

Apart from that, IMO we need a few days (at least) where we do not see new lows here. The past few days have seen mini spikes, only to reverse again. Too early to say if we have found the bottom, to my mind.

No change to my thoughts on my holding here either way however. GLA.

I took a few hundred more shares this morning. Not based on technicals, mind. And not for a trade (although I would be happy to sell them for a tenner a pop immediately, so in that sense...!)

We could do with the silver chart breaking decisively above 23 USD, but the US inflation print later will impact this one a lot, in one direction or the other, IMO. GLA.

It happens plenty of times with FTSE stocks.

Still no declared shorts, but I would be pretty surprised if we did not see this change by next week really.

No point trying to pick the bottom, but it feels like it needs another flush out to then start forming a base. Where that is? Well if I knew that, I would be typing this on a solid gold computer :)

US inflation data later might be the catalyst for that (hopefully final) flush, or it might mean we start the climb back up (if it is received positively by the markets).

Come on BOD! Put your hands in your pockets and buy some shares....

The less said about that operation, the better, probably.

I would like to think that customers will vote with their feet...but in the main, I am not so sure that they will.

Not a stock that I am interested in. Less so now. Anyway, inflation data later to show us what the SP is likely to do in the short term...

No worries mate. That is good going for 35. The inheritance is good fortune of course, but it sounds like you are being a wise custodian of it.

Not suggesting you change your plans, but I would say do not wait until your 50's to go travelling. You never know what the future might bring, so if you can, try and live in the moment as much as possible, at the same time as building your wealth.

An Aston Martin sounds like fun as well, so hope you get it from your profits here too. Good evening all.

Oh, I completely agree, hence my comment about 'no company-specific news'. The thing is, if we finally get confirmation of a recession (where the powers that be can no longer divert attention from the realities of it) and all that goes with that part of the cycle, then this sector will get hit hard. What are we now? PE of 10 or so I think? It absolutely can go lower than this.

And it will do, along with a whole lot of others tomorrow, if the US CPI print comes in hot.

But I think this company will come out the other side, or at least get taken out at a price higher than the SP today. That is my rationale for buying some around 117p or so, and based on what I think is a reasonable bear case scenario for this name.

The miss was not a profit warning to my mind. Sure, it never looks good to the market, and I stand by my comments about lack of inside buying too, but I am pretty relaxed at the time of print.

For me, this is a medium term planned trade, but one that I am happy to potentially hold for longer (subject to the obvious caveats).

And if the inflation data pleases the market, then I can see this returning to around 135p in a flash and back to circa 150p before the Spring perhaps. That is my bullish case scenario.

No way am I going to try and look even 12 months - let alone 15 years! - into the future though.

I do not use level 3, but happy to take your word for it.

I would rather a quick return to 150p than the chance to add at those lower prices, FWIW :)

It depends on several factors. It might trigger a number of stop losses now, thus leading to a snow ball effect until enough buyers stem the bleeding.

Or, if it was a large holder who has now cleared/finished reducing, then it might have the opposite effect and lead to a bounce. That US inflation print is IMO bound to influence things one way or the other, too.

I have pulled my buy order this evening, as I think it will now go sub 112p. Which probably means 113p was the absolute bottom :) GLA.

Just speculation. Same as many people did not think it could ever go below xyz number. Which it now has.

The 80's would be multi year lows. Such price action happens quite regularly, even with good outfits. Which IMO this is one. Hence buying some the other day, but being prepared to ladder in more at potentially much lower levels, if the opportunity presents itself.

If we do indeed see such a price (on no particular company-specific news) at some point, then as the other poster said, a lot of people will not buy then. I will though.

Forget fundamentals in a macro environment like this for a moment, and accept the power of sentiment.

But if this is more or less the bottom and my target price hits, then I will be satisfied enough. GLA.

I meant 420p plus levels.

No idea, but there continues to be strong buying in the 370's right now. If we see good US inflation data tomorrow, I think we will revisit the 400p level again. A bad print and I think we might retest the lows. Place your bets...

None at the disclosed level yet, although I assume this will change in the coming days.

Unless this is 'just' an institution unloading.

I took a fairly small position the other day and have a buy order for 112p ish. Although no idea where the bottom is right now. Would likely buy a bigger slice if we do indeed sink down to the quid level. Would not discount high 80's though. Shares go too high and shares go too low. Naturally I would rather have bought near the bottom, but it seldom seems to turn out so :)

Lack of inside buying is something that I would like to see change soon. Obviously the Red Sea situation is also a headwind.

But hopefully this one will turnaround again before too long. Subject to the obvious caveats, I can wait.

In the shorter term, we have pending inflation data that will likely further influence the direction of travel somewhat. GLA.