Member Info for LWHL

More traders than usual sitting on their hands, waiting for the next CPI print, perhaps?

I was going to add the other day when 400p hit, but for the above reason, I chose to hold back.

I also think the small delay announcement for the next update has spooked the market.

I must admit, I would rather they had left it alone. Given they made no mention in that RNS of being materially better or worse than the last guidance update, it would be unforgivable IMO if we find to the contrary at that point.

If all is exactly on track, why the delay? Cannot fathom the angle, unless as some other poster's have opined, it is to include more bullish data that the little extra time will provide. Still do not like it, although have not turned bearish, FWIW.

This one does move like a penny stock of late, so I may miss the boat to add. Might get cheaper too, of course.

Given the above, it is a risk I am comfortable with. GLA.

I too am pleased, because it was a sloppy entry on my part, where I feel my previous BARC trades were a little more considered.

Not that it always plays out as you plan of course! Better to be lucky than good etc :)

Anyway, no doubt, like the moth to the flame, I may re-enter at some point, but if this accelerates away and I miss the chance, then indeed, so be it.

I wish good fortune and prosperity to those who remain, or add, at this point.

Now going to sit on my hands until that next CPI print....

I took my little gambling stake off the table earlier today.

Enough profit to buy a small meal for the family in a middling restaurant. Plus the dividend of course, so add a bottle of wine and a couple of desserts perhaps :)

In all seriousness, while I do not discount a rise to the mid-high 150's (indeed my initial target price), I would rather have the cash on the sides for when the CPI print comes out.

GLA and I hope to have the chance to return again before too long.

If you have reached your limit of total holding here, within your own risk-management parameters, then I can see how averaging down again might not be the right thing for you to do.

I am in a similar boat with a couple of my other holdings, so I totally get that. And the frustrations that come with it.

As to a RI: well, if that happens, after they reinstated the dividend, I will be out, even if it means taking a loss. Red line for me.

But - I agree with those who do not think this will happen - so (hopefully) it is a moot point. GLA.

Presumably you felt it was good value at whatever price(s) you bought/added?

Presumably you still feel that it is worth more than you paid, or will be, within a time frame that you are comfortable with?

If so, why give it the head space?

If not, you can always sell.

Traders are not your enemy here.

And unlike many other stocks that are currently beaten up, this one at least has a dividend, so IMO frustration is far less justified.

Anyway, I know I am not going to change your mind, but IMO the points above still stand - and hopefully you are back in profit here before too long. GLA.

Nobody enjoys seeing a material drop in the paper value of their p/f, but if you are going to manage your own shares, then you simply have to have a plan and execute it.

You have to, as much as possible, put aside emotion and be disciplined. Stick to whatever strategy you decide upon. Change it when you deem events mean a change is necessary. Eg how you could successfully trade in mid 2020 would not have worked by late 2021. Speaking from experience. And at some point, maybe late 2024 or so, another strategy change may be essential, or at least highly advisable.

I agree, joseywales. Throw in the historical under-performance of the indices in the month of September and all the macro stuff, and IMO this is not a market for buy and hold, or going all in with whatever cash allocation you have for shares.

But, as always, to each their own. We are all looking to achieve the same goals.

And not one of us posting on this chat board, bull or bear, will have any material impact on the SP performance whatsoever.

And if we have already seen the lows here, and only rise back up to a quid and beyond without any further pull backs (unlikely IMO, but who knows), then that will be fine by me also. GLA.

When you already have a core holding, which you slice when you feel the time is right. Or sell up fully, in the same scenario.

I sold some that I bought (separate to said core holding) at 81p recently, for 86p or 87p (cannot remember the specific price now).

It is nice when it works. And it does not always come off, naturally. But I think that answers your question. GLA.

What logic? Buying low and selling higher?

I hope it does. As long as no company-specific news, if it revisits the 70's, I am sure that I will not be the only person buying more shares.

Not sure we need an exact date. April is close enough!

Assuming the IP and general business is of value, which presumably Iain and the other Directors who bought shares here think there is, then IMO a deal will be struck before that stage. No guarantees a suitor would get the goods if it comes down to administration, to that point.

But is it, or is it not? That is the question!

IMO, Iain will get an outcome that will reward shareholders that have a low average, but I cannot see LTH's breaking even, let alone making a profit. Would be delighted to be wrong about that naturally.

And also prepared to be wrong entirely and take the consequences of that on my holding here.

You pays your money and makes your choice etc. GLA.

Well, my purchase the other day was smart.

Come on, Iain, give us some good news!

Cruella: I do not dismiss out of hand what you and your fellow bears have to say, even if I am in disagreement.

But TDF makes a valid point. Why so much expense fighting this, if the asset is actually not an asset? That it can be bought for buttons?

Anyway, good weekend all and let us see what next week brings.

Hence why selling IM would make good financial, and strategic, sense.

AIMO, naturally.

Agree. It is the fundamental reason why I would prefer a full sale of IM, rather than the other options.

I do not think a webinar is 'hiding from investors'. If anything, hosting an in person meeting, even in a major hub like London, restricts the scope for attendance of many investors.

But I also take the points of the bears, as well as the longs like Xenor, whose frustration is understandable.

I retain full faith in JW, but if this changes, I will share that opinion.

I am not long, come what may, but I remain confident of the direction of travel, having read the latest RNS twice now and quite carefully. But as always, time will tell etc. GLA.

While it probably would have been wiser to wait a couple of days, I took a few more in the mid 13's.

If the 50 DMA does not hold, IMO then 11's will be seen again quite quickly. But I will only add more at this point if we revisit 9's. Do not usually like buying on a Friday, so it will serve me right if better patience means this latest tranche will look expensive by Tuesday or Wednesday!

GLA.

I hope you have a lovely birthday present here :)

Pay down debt. In this credit environment, every day of the week.

If we get to that level of revenue generation and eventually strong levels of profitability, then dividends can be introduced.

Quite frankly, if it happens, the amount of likely capital appreciation that holders in and around current SP averages, will mean that even a 1% dividend at that time would equate to a meaty actual return on each share.

I know a few people who get very generous dividends on a couple of stocks that nearly died in the GFC.

Not only are they obviously sitting on significant paper multi baggers now, but collecting high percentage dividends when newer arrivals are getting eg 3% dividends if purchased more recently.

If we get to that stage, I would also like to see JW start off small, with a progressive dividend policy in place, hopefully meaning a few years thereafter, the dividend will have sustainably grown.

Markets and funds love that and it would be far better than eg one year 5%, then next none or slashed etc.

But that is way, way off right now.

IM update and FSS funding is all I am thinking about right now. Get good results in both of those matters and then we can start looking a little further ahead, IMO. Not before. GLA.

Discus1: That is an interesting theory. Thanks for sharing. Naturally hope you are right :)

MikG: If the company demonstrates that the turnaround strategy is working, then it is IMO almost certain that we will reverse back up sharply for the very same reason.

In truth, I do not like to be in any stock that is near the top, or at the very top of the shorts list, but sometimes you take it on anyway.

For me, this is one such occasion - but not long to find out who of the insiders or shorters are right.... GLA.

I am trying to recollect whether this might be good news or bad news, based on historical examples.

Without looking to hold anyone's opinions to account, what does anyone think about this?

Goodness me! This one goes up and down like the draws of a....lady of great generosity, and even greater carnal appetite :)

Give me circa 4 quid and I will buy back those I sold I think. GLA.