Member Info for LWHL

QD: I see a retest of the 50 DMA coming soon here (usual caveats not withstanding). I have also made my opinions clear on some of the other boards as to my sentiment on the general macro stuff. To save you time digging: it is very bearish. But the stock market is, IMO, not the real world, so I think there are going to be some pleasant market movements, against all logic (as far as I am concerned). NEX is one that I think/hope will withstand any such shocks - and like others have suggested - it is already quite bombed out. But time will tell. Good evening all.

Annoying, but I have missed a couple of 5 baggers, because either I did not trust the management capability to deliver, or because I had doubts over my own research (how can I have found something that the big boys have missed? I must be mistaken! :( ) So take comfort! Not always easy to trust your own research, even when you DYOR. Anyway, maybe that one has further to run? Only had a very brief glance at it (over a glass of red), but hypothetically, if my research gave me confidence in it, I would maybe think about taking a small position if there was a pull back to circa 2.40. Then would target circa 4 USD as a potential exit price. Always fun to speculate. And when my wise words prove to be miles off what actually happens....it will not be the first time :) Not investment advice, needless to say. GLA.

OK, if you have no dry powder left, or are in too heavy here (or any stock for that matter) then taking some off the table, even for a loss, is sensible IMO. It sounds like you are not even going to have to eat a loss, so good work!

LG: I enjoyed a 10 bagger on SNG, a multibagger on 4D and a few other doubles and trebles elsewhere too. These were all AIM though and on balance, I am now down on my lifetime AIM P&L (as it were), having been very nicely in profit until probably late 2021 - and I took profits quite sensibly on many occasions too. I failed to on the last occasion when the warning signs were clear with 4D, turning that one into a net loss in the end (in and out a few times prior to wipe out), HUR and ENET. All I had traded quite successfully. Then I started to treat them as investments. Namely bought and held. Oh dear. That, in a nutshell is AIM, IMO. Some main market stocks need to be treated with a similar short term trade mindset, but, again IMO, this is not one of them. Not at the time of print anyway. If you want some potential excitement and can accept real risk, look at the sub 20m outfits. Plenty are dogs. Those that are not frauds either have hapless and greedy BOD's or simply lack the necessary moat and cash runway to succeed. Especially in this current economic cycle. I still have a few long standing AIM holdings and a couple of newer ones. Some I think are a toss of a coin now. Two I think have a reasonable chance of success - but I am not building sizeable positions in any of that type again and the most recent addition (ASOS, since you asked) I have what I think is a pretty conservative target price. Planned trade only. Not my bag typically.

Which stock was that LG? Currently in a roughly similar US outfit (planned trade only) called CVS. Recent purchase. Trading account only. Not investment advice of course, etc.

QD: I did not buy in here with the expectation of a rapid capital gain. Although obviously I would welcome it. Three months is nothing! Having been on the wrong end of opportunity cost, I totally understand your point, but it depends what your plan was here and your general trading/investment philosophy. Small cap AIM dogs will give you plenty of volatility, but could cost you a lot very quickly. At least with this type of outfit, you are less likely to have to make a snap decision on whether to buy or sell, or indeed wait anxiously for the stock to open/reopen to trade. Fingers crossed now I have said that, of course! As things stand, they appear to be getting the business back into shape. They have restarted the dividend and have what appears to be good debt reduction plans too. This IMO is more important than the dividend, but unlike so many growth or 'growth' companies, at least you get paid to wait here. Having said that, you sound like you have a plan/deadline in mind, so stick with it, if you feel the same way by then. IMO this is not really the type of company to set such a timeline to, but just an opinion and I could be wrong.

LG: I have experienced similarly before as well. And the reverse has happened too. You will drive yourself crazy if you dwell on such things. Anyway, hope you all have a good weekend and hopefully next week will be a good one for us all in the markets.

Thanks, Ableton.

You share some interesting thoughts, Ableton. While I am inclined to broadly agree, what about those outfits with small free floats and/or a small number of shares in circulation? For example here, with a shade over 100 million shares, a decent chunk of which are in fairly sticky hands (now anyway, IMO)? This surely increases the scope for volatility in either direction? As well as the potential for the retail investor to play a fairly prominent role in proceedings in such scenarios, albeit not anywhere close to that of an ii of course.

Anyway, have joined the longs here for a small, short term trade...or perhaps an investment, if it takes longer to return to 5 quid or so than I am hoping for :) GLA.

Well, I think the chart is looking quite nice here, but time will tell if it plays out as we all would like! Very rare Locky, but very occasionally I remember it did happen on another couple of stocks in the past, although cannot remember their names now. IMO, this is not going to happen here. Needless to say, it would entirely change the investment thesis if that were to occur. As things stand, as I said the other day, I am quite relaxed here, although I would of course be happy to see some inside buying. Always love to see that. Often shouting to see it myself on these chat boards :)

Indeed and as I said, not company specific, IMO, although a double whammy with the gold price reduction too, of course.

We get enough evidence that the West and SA are 'back on track', shall we say, in terms of geopolitical relationship, then I will be delighted to retake a position here. Cracking outfit IMO. But so was another PM miner. Far better even than PAF, by a number of metrics, and by some margin. Then politics made it uninvestable to all intents and purposes, for western PI's. Maybe different next time. Maybe not remotely comparable, you might say (on the fence with that one, myself). Not a risk I am willing to take this time.

Medjed: Spend 10 seconds putting AIM100 into google. Then spend another say five minutes looking over and exploring that list a bit.

There are plenty of AIM stocks that make/produce stuff and, while I am long here, there are IMO also several on that list that are safer and more solid than this company right now. I mean...come on!

Yes, I would love this one to hit a quid and more, but we need good funding news before we can, in all fairness, start to talk about a real degree of safety here, let alone SP multiples. That is why the m/cap is where it is today. For me, I have seen enough to like (including those previous inside buys) to be a pretty happy holder right now. I like those little contract wins, in addition to the big splash wins. It would be very easy to fall in love with this stock. Which means you have to be extra careful and not get carried away. IMO naturally.

On a slightly separate topic, did Killik sell here around a similar time they bought into PURP not so long ago? Can you imagine how they will feel if this one does rocket, in addition to the outcome over there? :) Having had more than my fair share of hair cuts, I am not one to talk, but given the impact their selling had over here, I cannot be the only HARL holder that would take a degree of delight in seeing them miss out on a hefty pay day! GLA.

RE I mean, not JE. Shame no edit button here.

I was literally just citing the example of this sorry outfit on the MKA board a moment ago. Not only the evaporated profits (and growing paper losses, or actual losses) but the opportunity cost as well. As good an advert for never buying and holding an AIM stock as you could want. Well, unless it goes bust - but you take my point I'm sure. The lack of inside buying is disgraceful IMO and my expectations could not be much lower right now. For now, JE still has time to prove he is worthy of support, but my patience is starting to wear thin.

Sigas: I have heard that type of statement almost as often as I have had hot dinners. Even well run companies can encounter problems not of their making, or outside of their control. Then you have the ones that mislead investors, until the truth comes out (Bluejay: Dundas, under previous management, for example). I give that particular example, because that asset was apparently ready to go, on top of a range of other prospects in the pipeline...until it was not. Review the various RNS and interview material on that one the past few years, if you are so inclined. No need to take my word for it.

Time will tell whether that one is going to the AIM graveyard. I retain a reduced holding in that one, in the hope that at least one of the other assets prove worthwhile - but it is one of the mining cautionary tales right now and I would not recommend it to investors at the current time. And my approach to that one was largely buy, hold and accumulate. Could have traded it profitably, but did not. Hey ho.

Then you have CHF. Luckily only had a small punt in that one, but took the loss because I came to have zero faith in the operation.

Anyway, we are all holders here and all hope to see MKA (and therefore our own holdings) thrive. I just think diamond hands is unwise 95% of the time on AIM. Here is hoping that MKA is part of the illustrious 5% :) GLA.

Well, one thing I have learned, the old fashioned hard way, is that simply buying and holding AIM stocks is likely to lead to some pretty hefty capital losses. IMO, if you have a stock that you have confidence in, it is better to have a core holding, while side trading/slicing along the way. My losses in a couple of AIM dogs were slightly smaller than they would have been, had I simply bought and held. Not that I applied this strategy when I first started out, hence a p/f that tells a story in itself! To date, as an example, I have perhaps doubled my money on YCA using this strategy. Had I just bought and held? Up roughly about 15% at the time of print I think. Not sold any MKA yet, but I absolutely will at some point, if my target price is reached. I may keep a core holding, but I will take a view at the time my initial TP is (hopefully) reached. Meanwhile, I suspect some people have been making some nice profits here in the past few weeks, little trades that add up. And fair play to them I say. PI's are not responsible for the success or failure of a company.

That would indeed be nice :)

I think the most recent geopolitical thing that I alluded to a few days ago, is weighing on this company SP. Not the other stuff. Only my opinion though and absolutely 100% could be wrong. As my posting history here will show, I am a big fan of PAF, so please do not think I am trying to spread FUD. I have no agenda - and if that issue gets resolved, I will be right back in here. GLA.

Looks like it wants to retest the 50 DMA. Hopefully it bounces off that and will then only be a healthy retrace. Hopefully of course then followed by an attack on the 200 DMA. I am certainly watching closely. Might take a few more if this TA plays out, although this is AIM, so who knows?! Happy with the last update, as of course was the market. Fingers crossed more good news is not too far off. Especially the obvious thing that most of us are focused on right now. GLA.

I bought back about half the total of shares I once had here today, over three small tranches. I did this because I said I would, in the event of some decent sized inside buying. And IMO that BOD purchase was not pocket change. I mean, it might be for him personally, I have no idea, but regardless, it sends the market a bullish message to my mind. Not expecting a rapid rise and indeed am prepared to add a few more at lower levels, subject to the obvious caveats. No idea why this site has still not listed the RNS though. GLA.

I was sympathetic and supportive during those headwinds, as we all were, I think. Some of the financial management/fund raising decisions since the 60p warrant days however, I find impossible to overlook. That PON engineer RNS just makes them look dodgy, rather than simply un-commercial and lacking business acumen, IMO. The latter would be bad enough, in itself of course.

But, as you say, strange things can and do happen, especially on AIM. So perhaps those of you who remain here, or recent joiners, will end up profiting. Good luck to you all and I hope it comes good for you.

Yeah, ironically, it was the retained position of PMI that kept me in this dog far longer than my instinct suggested I should. Serves me right really. Regardless of what PMI do here now, my position is not going to change. Well, never say never I guess...new BOD, with significant own pocket investment...I would take a fresh look maybe. But IMO, at best, this is going to become one of those stocks with billions of shares and a share price in the fractions of a penny...a zombie outfit to all intents and purposes, until eventually it goes bust. Or simply goes bust in a few months when the latest raise gets spent. For the sake of fairness (even though I do not feel that charitable here now!) there is a statistical possibility that this could be the last time they disappoint and onwards and upwards from here, I guess. IMO small enough to not even take a punt above 2p, if that, but time will tell. Thanks for the suggestion. Will take a look later.

Pokerchips: Be careful with this one. Having been a holder here until recently (well, still a rump holding to be dumped for a future tax loss at some point) I would advise you, or anyone considering investing here, to have a good look over the RNS information the past couple of years. In fact, all the way back to the beginning would be even better. Catch some of the interviews DL has given as well. Oh, and the poster here going by the name of Dallo, was until quite recently a major listed shareholder. His posting history on this company chat board is far longer (and far more knowledgeable) than mine. If, after doing all of that, you come out feeling bullish....well, that is your right and absolutely your choice. GLA.