Member Info for LWHL

If you think about what AIM was originally created for...IMO it was an excellent alternative vehicle for small companies to raise cash to grow.

It is now so regularly under a cloud, due to suspicious looking trading activity - you see it so often across many AIM stocks - it really is a great shame.

Not to mention perhaps a threat to capitalism itself sooner or later (as part of the bigger picture), when so little illegality gets punished. And when it does, almost never suitably severe.

To be clear, I make no such claims in the case of this outfit.

I have no skin in the game here, but my irritation is based on the bigger picture stuff I mentioned, as well as reading some of the comments here of clearly loyal shareholders who IMO deserve better.

Anyway, I will leave you all to it. Good evening all and good luck.

I have kept one eye on this one since my last post here.

Not because I was interested in becoming a holder - my reasons as cited back then remain unchanged - but curiosity I guess.

I watched the SP action today (for the first time in a while, pure chance) and had a feeling that what was announced after hours would likely occur. And so it did.

I still hope it comes good for those of you who are LTH's here, or that you at least have not placed too much of your p/f in this one.

IMO, even putting aside the extraordinary lucky timing of those who seemed to have a sixth sense to sell up quickly today, that RNS does not strike me as confidence-inspiring.

You have my sympathies.

And of course, I could be totally wrong and hope for sincere holders, that I am. GLA.

Just be thankful for it. Kiss of death when they do, usually :)

Hopefully. At the risk of tempting fate, the SP seems to be holding up well, given the rise yesterday.

Not going to start getting particularly excited unless/until we get close to the 16p level, although I appreciate that there are resistance levels prior to that.

Naturally, I am hopeful of a much higher SP than that before I consider taking profits (should it come to pass), but material news will be required before that stage. GLA.

I take anything the BOD here say with a pinch of salt.

The dismissive reply that Dallo got recently that he kindly chose to share with us, is just another example of the hubris that has led this company to the precarious state it is in, IMO.

Well, my target price hit, but I find myself sitting on my hands.

My opinion of the longer term health of this outfit (as long as the BOD deliver) remains unchanged, but IMO no point fighting the tide.

And right now, the tide is going out and taking most names with it, including this one.

Certainly think some more inside buying would not go amiss, but it is not that aspect that has caused me to pause.

I agree with those who mention patience. But that also goes both ways, including being patient with selecting when to buy. Not something that I regularly get right! Anyway, watching very closely now. GLA.

Lol. Ain't that the truth!

Mind you, its the kids who burn through my cash quicker than a politician or central banker ever could hope to :)

Upon reflection, my target price here is going to probably take longer to come to fruition than I anticipated.

But that is OK, even though no excuse for a sloppy trade in the first place, which this one was.

Not the first and wont be the last :) GLA.

Different kettle of fish, those ones, Hindy!

Although if you buy those types, IMO you have to be willing to be both patient and willing to take a significant loss. They are simply death or glory stocks. And at the time of print, that one has lost roughly 50% for anyone who chased it and bought on the bell today. LTH's in that one are also at least 50% down (and in many cases considerably more), unless they averaged all the way down. Quite substantially too, by the look of things.

Not advice or a recommendation, but have a look at RENE, if you are so inclined. It may, or may not, do something quite special from the current level. I am a holder in that one - with the mindset and willingness to take a hefty loss if the market has called that one right. Certainly one that has not rewarded LTH's, which those types of stocks rarely do, IMO.

I am a holder of other, similar micro caps too. SNG was my only 10 bagger to date (long since sold).

Other ones have been a wipe out, or have been mentally written off. Time will tell on those latter ones, but do not currently merit a nod IMO - hence not naming them currently.

Anyway, sorry for the derail folks, but Hindy's post caught my eye. GLA.

UK markets selling off when the European (and especially) the US markets sell off is part of my thinking, Hindy86.

Not necessarily a massive sell off, just a natural correction from a technical perspective.

Inflation data due again soon too, which will have some impact, either to the upside or downside, in all probability.

But I am fairly relaxed with this one at the time of print. If I did not already hold a small position, I would definitely have jumped in for a starter stake by now. Probably just after ex div, but not necessarily.

This company should be well-placed to turn things around IMO, but if the next update does not impress, the BOD will start to come under serious pressure IMO.

But a bid is more likely if the turnaround strategy looks to be working IMO, not if they disappoint.

The reason this is the bottom, is because my top up target price is 84p :)

In all seriousness, as Mary says, it is almost impossible to pick the bottom.

If I get 84p, I will take a few more, but will take a final tranche if it hits mid-high 70's on no company-specific news.

As long as you are not trading on margin, or investing cash that you might need to access relatively soon, then IMO this one is probably best as a buy and forget stock - but time will tell. GLA.

Good overview, GGG.

In a nutshell, that behaviour/decision-making approach is part of the reason why this one is a trade, rather than an investment, for me personally. Along with the apparent U-turn on the fund raise.

But hopefully LTH's will get their target prices sooner or later. Then all will no doubt be forgotten.

Anyway, without wishing to tempt fate, the trend here looks nice and steady to the upside. GLA.

I was wondering if it was a result of shorts gradually closing, but I see that Qube actually declared a small increase in their short here on 2nd August and no declared changes one way or the other this morning.

Very, very interesting times coming here again perhaps!

Sorry, I mean it will not matter if you hold the latter view.

Doubt it would have any material impact on the SP of a stock this size.

A well run, highly profitable, recession-proof company will always enjoy the support of LTH's with deep pockets.

A bank will typically enjoy the support of lots of funds regardless. That IMO is a timeless reality. Well, historically speaking. Maybe the case in 20 years time, maybe not.

If you believe we are potentially at the end of a 40 year bull market, versus a belief that 40 years into the future will mirror the 40 years past, then why would it matter?

Bad luck on the FX trade. That is partially why I prefer to keep things simple and just buy and sell shares (without stops). Getting stopped out would drive me crazy.

In fairness, it would have saved me some money on occasions too, mind, but on balance, given some of the stocks I mess around with, I would probably have booked a loss 90% of the time if I used stops. 95% of the time with the AIM ones.

Anyway, having taken more profits than I was anticipating in a few stocks this week (including a couple of dangerous trend trades that nonetheless came off), I decided, probably against my better judgement, to jump back in here today, just shy of 150p. Looking at a few buttons profit if 158p hits, but dividend to bank if I need to wait a while longer.

If this is one gamble too many, I will double up at the bearish number I mentioned previously and then ride it out for whatever the time frame might be. Good weekend all.

It is rather tempting. Especially as it seems to have glided above the 200 DMA effortlessly, which I did not expect.

If there was another bid in the offing, I would imagine it would need to be in excess of 240p, because the most recent update, IMO, showed clear improvements on where the company stood around the Apollo time.

Macro stuff still not great though, so 275p would be enough to get shareholder approval IMO.

I appreciate this would not appeal to some of the LTH PI's, based on comments on this chat board back at the Apollo period, but those are my thoughts.

Indeed. Especially as he would probably find the most obscure exchange to spin it off too.

Fair enough, Mr Wolf. I did not think you were currently short. If it hits the 160p mark again shortly, it will be yet another great little trading range I have missed :) GLA.

Lol. No promises :)

See! I was spot on with my predictions. I knew that as long as I did not buy anymore at that time, then it would come to pass :)

Those of you who did...you are welcome :)