Member Info for LWHL

Also annoying that I did not remain disciplined with my original buy order plan. Almost always wrong to stray from such decisions.

Hey ho. Low 370's will be my next decision point, should it come. Not going to just jump in this time ahead of a potential target! If it does not happen (fingers crossed) then so be it. GLA.

Fair point, although if memory serves correct, that particular spike did not last more than a couple of days.

Investors here should hope for a steady rise, with small pull backs along the way.

Not the fairly wild volatility we have seen instead. Which has been great for the traders here, but less so for the investors.

Completely agree with you though that this is a coin toss right now (at least in the short term) and has been for a few weeks at the time of print. Technicals completely out of the window :) GLA.

I disagree. Breaking 400p has not been an issue - five times in the past week of trading days - so far.

I think a possible break out (of sorts) might happen if we can breach 420p and hold it around that level for at least a few trading days.

For now, I will be happy enough to see 404p today, pretty please, Mr Market :)

I can see the temptation for doing so. Just be careful, because remember the old maxim about the markets being able to stay irrational for longer than you can stay solvent. Especially on the short side, unless you use tight stops.

While everyone was going mad over the new ATH for gold late last week, I sold out of a couple of positions entirely, and trimmed a couple of others in the PM space. Too much euphoria at the moment. Seen this play before.

And I am close to being a 'gold bug' in my general sentiment. But IMO there is a risk of a topping tail on the charts, so I acted accordingly, without completely closing those positions entirely. Because it may not complete, of course.

Even if PM prices return to those elevated levels at some point in the coming months (gut feeling: they will), the probability of those stocks selling off, along with the rest of the stock market, is high, should we see a sell off (again IMO highly probable). But we shall see. That is what has happened in the past though.

I thought we would have already seen a big correction by now, so shows my crystal ball is rubbish :)

Anyway, apologies for the derail. Let us see what tomorrow brings and J Powell's next speech.... GLA.

IMO, Brexit only had a chance of success if they had gone for a full steam ahead, Singapore on Thames strategy.

Significant public spending cuts, ultra low taxes and regulatory freedoms not seen for decades. An immigration policy more akin to the UAE than current western philosophy.

That would not have guaranteed a successful outcome for the UK, and for some would have been almost unpalatable, but I cannot see how it would have fared any worse than the absolute clown show that we have suffered since 2016.

Anyway, too late now and the cards will fall as they will.

If Germany cut rates first, IMO that would be a tacit acceptance that their economy is in real trouble. Their inflation is currently 3.2% I think.

A long way from the 2% average inflation rate that western central banks seek.

Ideally, you would want to see several, consecutive quarters of 2% inflation, given all that has happened in the past 18 months or so, IMO.

Not sure their stock markets hitting highs, given all the macro stuff we know about, is anything other than a cause for caution. But bull cases exist and of course, time will tell.

As for Mobico, they need simply to achieve what they said they would in the last update. After the failures (especially the dividend back...then gone!) - no more chances if they stuff up again. IMO anyway.

More likely if they get the green light, IMO, but this sector is not really my bag, so my opinion is based on more general commercial considerations/potential strategy.

If this is going to get taken out, I think it is more likely to be a European or US entity, or feasibly taken private by AP or a VC engine of some sort.

I think the next update needs to be good, or the CEO could/should be looking over his shoulder. Potential corporate activity might reasonably follow from that, should we see news to the downside.

Because if you were AP, or even MA and the other shareholders that matter, if things are looking good at that point, the wisest commercial decision would probably be to let the BOD continue with their action plans. Then you take a view again on the next update.

Same for me, albeit I have been pocketing the small gains along the way, rather than building a bigger position here, as you have been.

Obviously this is not a risk-free strategy for any of us, but no share investment or trade ever is.

So, as long as we all play within our respective comfort levels and financial means, then it is no more 'dangerous' than simply buying and holding. In fact, IMO the risk metric is lower with this strategy.

For me personally, a whole lot less frustrating too, than it would have been if I had just sat on my hands with my original purchase.

I have done that before elsewhere plenty of times, and it has usually been less profitable than this way.

Hopefully, if this similar trading pattern continues for a while yet, we might even all end up with an effective free carry - but I will say it again (lest I risk the wrath of the stock market Gods!) - none of us should get complacent either. GLA.

Cancelled my buy order and joined you 387p new recruits :)

Will serve me right if we see that 384p that I was waiting for though! GLA.

A good activist investor has made many a once frustrated shareholder happy....

Correct. IMO that data (along with JP's words) will move the markets one way or the other.

I took quite a few profits late last week on several positions, so have a decent amount of dry powder in case we get a bit of a sell off going into Xmas.

If the opposite happens, I retain plenty of risk on shares, so will not need to scrabble back in either.

The markets are technically in overbought territory right now too, FWIW.

So, this one could easily return north of 4 quid before the close today. Or it could return to the low 370's just as easily, IMO.

Hoping for the former...after I get my 384p shares, please :)

Looking for 384p myself. That big red candle a little earlier makes me think (unlike yesterday) my buy order will probably get filled at some point today.

The SP action most certainly does not suggest bid rumour...so who knows? Maybe more likely because of this. Although to be clear, I am not putting any weight in that poster's earlier comment though :)

The growing Frasers position is what keeps me interested here, although as I always say, I take nothing for granted.

And I think the Fed are speaking this evening across the Pond too, so that will no doubt have some influence here, for good or for bad.

I think NF is a shareholder in ITV (might be wrong, so do not take it as certain!)

I think a better, and certainly more commercially astute strategy, were anyone of sufficient capital and influence so inclined, would be to get an activist investor on board.

They can shake things up. Also more likely to gain wider shareholder support than a scorched earth policy would.

As soon as I read that bid comment, I knew it would be a red day here :)

But it is fun to speculate, so if MA did put in a bid through Frasers, the BOD here would have to RNS it, because Frasers might put it in the public domain regardless.

So, they would not be able to get away with silence this time (as they did with that 10 quid offer).

But IMO it would be north of five quid for a range of reasons, not least because MA would not want to risk a low ball bidding war starting.

8 quid on the other hand...I just have a feeling that, in this market, would be enough to draw quite a lot of wider shareholder support, where 5 would probably struggle to even gain 1% of non-Fraser voting support.

But not completely sure if even that would be enough to tempt a sufficient block of the non-Povlsen votes and his supporting voters.

I would be glad of the chance to find out though :)

I forgot to add WBD. Lol.

How about Netflix and Comcast?

Although both are down over a three year time-frame, for the sake of balance.

But you did say people would not be able to find a single one that has not dropped in the last year :)

Good job we have a new CEO coming soon. JF would have probably bought them for multiples of their current SP :)

No, sorry I do not.

But I agree the SP and the chart technicals are not playing out right now.

Which is why I put another 385p buy order in earlier.

It should have no chance of hitting...but with this one, it is a toss of a coin :)

Ultimately, the reason a CEO gets the big bucks, is for the simple reason that the buck stops with them.

I have a 70p average in the 'investment' pot and a 68p average in the 'trading' pot. Which I appreciate is a good deal lower than many LTH's here, probably.

That does not mean that I cannot share the frustrations of many, for the numerous reasons that a number of posters here have presented over the past weeks and months.

However, and in addition to the other good ideas suggested by Taverham, the CEO and other BOD personnel could buy a significant amount of shares on the open market. Nothing like walking the walk, when the CEO talks the talk IMO.

Instead, we have only seen a fairly hefty inside sell in the recent past.

While the industry waits for improving conditions for advertising spend (which I think could be a while off yet), costs need to be materially reduced to improve profit levels during this period. Start at the top.

Then at some point, buy backs could even be a consideration. Obviously in the medium term, not right away.

I have absolutely no issue with high remuneration levels for high performers.

The share price would simply not be around this level if the CEO was doing a good job. And the criticism has nothing to do with gender politics.

But until or unless the big shareholders feel similarly, then nothing here is going to change.

It is amazing that the CEO retains some supporters here.

Her current remuneration would be justified if she had taken the company to ATH's. The recent round of pay was IMO Alice in Wonderland stuff.

She better be able to maintain the current dividend, or I think whatever teflon coating she has, will lose its lustre.

FWIW, I think it is not under threat, but the next update had better be good, or this is going to look like a value trap IMO.

Yes. I think that could be behind the (most welcome) move up.

Long may it continue! GLA.