Member Info for LWHL

Reading my last comment back...it sounds patronising. Not my intention.

What I meant to say is that talk is cheap. Proof in the pudding is in the eating and to date, the management here (CEO especially) have not delivered shareholder value.

But if the interview portends tangible achievement, then yes, no reason why the SP should not reflect the outcomes.

I have my doubts (under current leadership), hence my earlier point and target exit price.

As ever, time will tell. GLA.

Good to see you again, Triple B.

This poster is one who I think current holders would do well to listen carefully to. And also review their historic posts in this name.

Not investment advice of course; we are all anonymous commentators sharing a variety of opinions and ideas on a chat board after all, and we alone are solely responsible for any financial decisions that we make. Buy, sell, or hold. Just own your decisions, whatever they are. And leave no stone unturned in your research, I would also add. GLA.

That is a common mistake many people make. I have done it too, on many occasions.

But if enough people are confident after hearing an interview, then hopefully I will find someone to buy my 80p shares sooner rather than later, as they will expect at least a 20p gain on their purchase.

Cannot generally go wrong with the buy when others are fearful, sell when others are greedy mantra, IMO.

And if ITV does go back to a quid or more, well, that is fine too.

Be happy for those who benefit from your sale.

And never lose sight of the fact that, at the end of the day, all this stock market stuff really does not matter, in the wider scheme of things. GLA.

I guess if you regularly lock in 1-5K profits over a long time, then it will grow impressively :)

Mainly PI's lose money, so I understand from some data I read somewhere once. Then again, not many funds perform well regularly either, so the key thing IMO is to not have all your financial eggs in the one basket of stock market equities.

But we enjoy trying to 'beat the market' which I presume is why most (all?) of us here continue to play the game.

The only certain winners though are the BOD of listed companies though. Especially the cesspit of AIM.

Luck helps, but I have generally improved my returns (the main market listed outfits anyway) by using charts to assist with buy and sell decisions. On top of the obvious research that one should always do before taking the plunge in the first place.

We have seen a 40 year bull market, so historically buy and hold has generally been a good strategy.

If you go further back and look at the stock market index though, you will see long periods of time where this strategy would have netted you zero gains or even losses - over a decade or more.

So one's own time horizon is key. A 20 year old today investing will likely be able to follow the buy and hold strategy. Someone in their 50's? Maybe, maybe not.

My current trading versus investing 'pots' show far better returns in the former ahead of the latter, even allowing for dividends.

But only started in 2016 and more seriously from around late 2018, so I appreciate it is not a big sample size of data to go on.

Anyway, it will be interesting to see what today brings for ITV and the wider market. Big sell off late in the day across the Pond. GLA.

Yep. Murphy's Law :)

It was meant to be five quid...but it was also meant to be a quick trade!

At that time, five quid was comfortably below the 200 DMA. Now 468p ish is the 200 DMA.

On this occasion, it has worked out well for me though, as (unplanned originally) I have had a further 8 trades in that time, and made a solid cumulative profit at the time of print.

Not quite on a free carry, and have not done the maths, as the position sizes have varied too, but quite satisfactory nevertheless.

The thing is - and this is not an attempt to 'de-ramp' - I really am quite bearish on the macro stuff.

A broken record and all that, as I have been for a while now. But, be that as it may, these are my concerns when it comes to recreational spending sectors.

I also did not like the funding deal the CEO here conducted earlier this year. Some unpleasant politics behind the scenes IMO. And that 10 quid offer that the BOD failed to share with the market at the time.

Putting it all together, is why this is a trade, rather than an investment, for me.

Not saying this will fail to go higher than 5 quid (if the BOD deliver, it should absolutely rise significantly). Markets continue to rise and shorts keep closing, should do so quite easily before news anyway IMO.

I am however pondering things. Might take a view in January, pre-update.

Right now, if we see 5 quid on no further news, I am likely to close out that last tranche.

Which will probably be a terrific buy signal for everyone else :)

Yep. I said a few weeks ago (I think it was) that it looked like an orderly exit had begun. Had hoped for a short squeeze, but that hardly ever happens. Might still I guess, but unlikely.

Need solid results in the next update. I cannot see them being great, but as long as within guidance, that should offer great relief to LTH's here.

Hoping for a continued rise before then and ideally hit my exit price too, although I will take a view nearer the time. Good evening all.

Given a number of factors, not least what appears to be a frankly meagre inside buying commitment in this suggested (extraordinarily discounted) placing, if I were looking to buy here, I would wait for the actual placing price, with the expectation of it going lower still. Since you asked for opinions.

I have watched this one from afar, but never took the plunge. Got plenty of these 'experiences' under my belt already. A good swerve on this occasion.

I might toy with a tiny punt in the trading account if it drops to 0.10p, but even then, I am not sure about the risk/reward ratio here.

Had the BOD stated the intention to buy big, then I might have had a punt around the placing price, but IMO this is a complete long odds gamble, at this point in time.

Just a complete outside POV, from someone that stumbled across that late RNS. My genuine sympathies to holders here. Been in your shoes many times. And good luck to those who stay, because if it hits, then hopefully you will be able to recover some of your investment here. Just do not put a penny more into it than you can afford to write off entirely, if you decide to roll this dice, IMO. GLA.

Agreed! Consider it an early Xmas gift. Lol :)

Meanwhile, another solid performance from Asos today. More of the same tomorrow would be welcome. Good evening all.

I am surprised that UFO have not issued an RNS about that. AFAIK, it is standard practice when a director takes up an additional post with another listed entity.

I wish you luck with both in 2024.

4th January 2021 RNS. On top of all of those years of salary and benefits he has enjoyed, and this presumably profitable trade, he must be on a sizeable free carry with the remaining tranche, I would imagine.

I wish you well, HfH, but he was in charge for the majority of the time here. Dundas and the rest. Hardly a new broom with fresh eyes and new vision.

Not exactly like he left RE with a thriving, cash rich company that was run into the ground after he left.

Not that I am going to defend RE, because his short record here IMO speaks for itself as well.

To anyone new here thinking about whether to invest: If you have not already done so, please listen to all the historic interviews, webinars etc, on top of all the historic RNS material. At least from 2018 onwards I would suggest.

But as you say, time will tell. At the time of print, it is certainly telling right now. GLA.

Too late. I am writhing around on the floor now and have forgotten how to get back up. Which means that I cannot get home to my computer to find the contact details for a no win no fee solicitor.

I am also stuck with a load of Primark clothes that I am unlikely to ever wear, but felt it polite to buy some items when scouring their stores for these mystery Eastern billionaires, of which you reliably informed me were holding the keys to our future wealth here....

Happy Christmas all. Including you, Agazzis, you cheeky rogue.

To add to the other good explanations for why some are selling, you also need to consider the fact that household spending is still under pressure.

Credit card debt levels (historically touted as an indicator of an optimistic consumer - but IMO this time is different - many are using credit cards to get by) - are at record high levels.

IMO the market is pricing in a soft landing, even no recession, scenario with this disinflation print.

I still cannot see this playing out, but time will tell. And my p/f has never looked rosier, so I am not unhappy in that sense.

I just think it would be wise to remember the old maxim of being fearful when others are greedy etc.

All that said, I also agree this is a dangerous time to be short most things in the market IMO.

Euphoria, like pessimism, can last a long time. Longer than many can stay solvent (to borrow another phrase).

So, this could mean we see a real rally in the markets, as a number of shorts might be forced to start closing positions in some crowded trades. No sympathy from me :) GLA.

IMO that is a car crash update.

If I understand it correctly, they are basically planning on dumping everything else apart from Disko?

All those years (and salaries)....all those raises....wow.

Good luck to those of you who still see positives here. If you are right, you might one day make a profit, although all things considered, it would be somewhat surprising IMO.

Even if Disko does turn out to be a gem, you are still going to be reliant on this management team (basically old JAY) to see you right.

Yeah, it's usual liveliness, but solid enough finish.

Who knows what tomorrow will bring? No doubt another day of completely mystifying SP action! Good evening all.

Better - and less of an essay - than my post :)

Ignore the noise on any chat board. Bull or bear. Review your positions regularly. Only invest an amount that you feel comfortable with. Does not matter what anyone else has (or claims to have) invested.

Also depends on whether your 10K shares here constitute a small percentage of your p/f, or a lot of it.

If you are feeling conflicted though, you might want to consider taking some off the table. Not investment advice to be clear, and of course then you risk 'losing' some additional profit if it goes much higher etc.

But if this is starting to make you feel uncomfortable, then take a view, is all I am trying to say.

I have always kept an eye on this one, although (thankfully) never got on board.

Wish I could say the same for a few other similar outfits like this one!

IMO, they all follow a similar pattern and lead to the same results for loyal LTH's.

Watching that webinar with my fresh eyes and with no skin in the game (albeit a degree of confirmation bias I suppose), I cannot see how the BOD here retain the support of any holders.

To my mind, they came across as somewhat haughty at times and gave the impression of almost irritation with shareholders.

Almost like you guys are uppity. Not least having the temerity to not pass any and all resolutions that they deem necessary! Perhaps you did not understand some of them? Lol.

I particularly enjoyed (in a macabre way) that bit about options and rewarding staff performance etc.

More front than Blackpool, some might conclude.

Anyway, I hope it all comes good for those of you still invested here. IMO you deserve better than you have got, so far.

As long as they apply the same ruthlessness for failure or pedestrian performance as US companies do, then sure.

The current CEO here and a lot of other UK listed BODs would be jobless within weeks under those terms.