Member Info for LWHL

Glad you decided to take a few off the table in the end, Happy. It was the sensible decision I think, taking emotion out of the equation. For me, I hovered over the buy button around 132p this morning, but did not take the plunge. I absolutely will, if we see a decent sized BOD purchase RNS later today, even though it would probably then be around 150p. They talk with confidence and Apollo may well not have seen anything that should be of note to WG holders...but nothing speaks louder to me than the sound of director wallets being cracked open on the open market in scenarios such as these. AIMO of course and I could indeed end up missing out on a steal at the current price etc.

Re WG: I was going to buy back in myself this morning, but some big inside buying, to back up the BOD words over there, seems to be lacking currently. An intra day RNS may change this of course. Same thing stopped me with ASOS.

Always the fear that the entity that walked away from the WG offer saw something in the deep dive that led to the decision. Which may of course not be the case at all - but with the historical issues that that company has...you can understand why they need to restore market faith IMO. Still watching it closely again now.

As for NEX, I remain relaxed here right now...which probably means you should all run for the hills :)

Lol. Yeah, that would be ironic :)

Am pretty sure similar things were said about letting friends and family in cheaply in the past two raises. Who knows? Maybe third time lucky? In all seriousness, this has indeed been an advert for a textbook AIM stock. These are for day trading punts only and never proper, long term investment, I have now concluded. I just hope nobody gets seduced into parting with more cash than they can afford to lose, when the inevitable FOMO ramps pick up again next week.

I assume PMI will be dumping this one too. Find out next week I guess, but I would have expected DL to mention them as supportive, had it been otherwise. What kept me here in part was seeing them still invested here after the last raise. A good reminder not to include part of an investment thesis even on who major shareholders are, at least, not when it comes to AIM perhaps. GLA.

Yep. They do...but it will not improve the prosperity of the country, it will just destroy the middle income cohort and result in significant capital flight. IMO. Give it time and they will introduce a limit on the size of an ISA holding as well, I suspect. The definition of unfairness, when you consider, as Paddyboy has outlined, that ISA losses are without any recourse to offset against future liabilities, not to mention they are investments where the deposits are from funds that have already been taxed! The argument used for bleeding people, in terms of pension-related tax hikes or reducing pension pot size capacity, is the historic tax relief element. There never was any tax relief for ISA's - but that will not stop them getting their grubby mits on them sooner or later I dare say. Am going to seriously consider somewhere like the IOM in future. If the kids were older, it would be a more immediate consideration. But who knows what will be a good and bad jurisdiction then? Might get hit by a bus tomorrow etc. Good excuse to open some more red in the meantime :) Good evening all.

War is always inflationary...and we are still throwing significant amounts of cash at the Ukraine conflict. Then you need to consider that CPI data does not include taxation. So, your NI, personal tax, your council tax, home insurance etc (all of which are still rising and IMO are going to remain elevated) - is conveniently not included in these calculations. Nor are housing costs, be it rent or mortgage, so I understand. This is why I am very suspicious of the reports we get regarding inflation. I simply do not trust it. Given every man and his dog knew high inflation was likely going to result from all that QE in 2020 (apart from the politicians and central bankers), then they claimed it was only going to be transitory...either they are criminally unqualified for the task they are employed to do, or simply dishonest. I think the latter, because IMO they always planned to inflate the out-sized debt pile down to more manageable levels, similar to what they did in the 1970s. Only problem is, we had low debt levels back then, far more positive demographics, far smaller liabilities in the pipeline (eg pensions) and a far smaller welfare state too. Oh, and generally far better energy security than we have today, nor the financially ambitious net zero agenda to fund either. Not withstanding the Arab-Israeli war, for the sake of accuracy and I hope, some balance. Probably have missed a few things, but that is a long enough list of woe for a Saturday evening! Anyway, how they get inflation back down to an average of 2% without raising interest rates much more, if at all, is beyond my brain capacity. When you consider that something like 80% (I think) of our national debt is impacted by interest rate hikes...and you take a look at our current debt to GDP ratio....IMO it is the stuff of nightmares.

Presumably you would be able to. You have carry over tax loss scope depending on certain criteria as well - but needless to say, consult with your accountant and/or IFA to confirm specifics, even on a hypothetical basis! :)

Moonman: On the assumption that we continue to see eye-watering tax measures in the next few years, I would expect to see a significant increase in tax evasion and tax avoidance, both in terms of the individual and corporations. IMO we will see many more businesses relocating to more sensible tax jurisdictions. These will be the larger entities, naturally, along with many more UHNWI's. This will lead to an even greater squeeze on smaller businesses that are unable to offshore some or all of their taxable services, likewise for that of normal middle income individuals/families. Black market activity and organised crime will flourish as a result as well. The tax take will be so much lower than the politicians can even comprehend, which will enrage them and initially lead to them doubling down on their acts of financial abuse against business and individual. If they manage to pull off a CBDC, then IMO it will be game over to turn this ship around. Maybe the masses will swallow the narrative that such a system will stop the greedy x y z from paying their fair share. Sadly, I can see this exact scenario playing out.

In relation to your actual point though, companies could do this (assuming a buy back tax is not introduced, which is something that I think is being pondered across the pond). In which case, laser focus on paying down/off all debt perhaps? Work-arounds will probably be found though. They were in the 1970's, the last time the UK flirted with economic suicide/socialism. Communist countries and other failed states do too. Even if a CBDC happens, work arounds will be found. Not for the majority of people, naturally.

I have had a brief look at THG after all the market frenzy of late, but never really fancied it. Like it even less now, after that recent CEO statement. In a private meeting, sure, that passion would probably be well received. On a public platform like that? Not sure it was a good idea - but I have no skin in that one, so not my business really. Even putting that matter aside, I prefer this outfit personally on the metrics we have available, although appreciate your post Pokerchips, which offers plenty of meat to the bone. Do you reckon WG is going to get bought still? That recent short was interesting to see, although it was too small to suggest any kind of inside track knowledge, IMO. Personally am ready to buy back a few over there if it does not go ahead and we revisit pre-bid rumor levels, subject to obvious caveats naturally.

SOH has given the market absolutely no reason to invest/further invest in this company. That is why the trading volume has been so low, for so long now. If it was not for the SBTX holding, I would have serious concerns right now that a heavily discounted placing was in the offing. As a few other AIM dogs have recently done. Even then, confidence is at rock bottom and with good reason. No doubt the next presentation will be full of the same jam tomorrow rubbish. More excuses than a failing football manager too. Or maybe a life-changing RNS next week before the meet, where all criticisms will be gladly retracted...and finally, all the time and financial support from LTH's will bear fruit :)

IMO it could be the result of those US ambassador comments yesterday. Need to see how it fares against the 200 DMA. It might be a terrific buying opportunity of course. Having recently taken a big haircut on another miner as a result of politics, rather than asset or management failure, I am staying out of PAF for now. But to be clear, it may not be that at all and this might be a great opportunity. Not an attempt to de-ramp or such like. No current position here. Big fan of the company and management still.

Must be an ii (or more than one) reducing/exiting their position here IMO. Cannot just be PI money. Greedy shorts increasing perhaps as well? I have seen it go wrong for shorts when they have got too greedy, or piled in too late. No idea if this scenario would apply here at this point though. Simply no idea in either direction. I do think the CEO should have bought a huge load by now. They can get RNS's out the door fast when they are so inclined and this will stop the panic I think. You do get savage sell offs in bear markets, but this is pretty severe.

Wood Group was the other one. A few more days until the deadline on that offer expires, or otherwise. As for this company, obviously the significant fall yesterday caught my attention. Some excellent and knowledgeable bull and bear comments made by various posters here that I have seen so far. When BOD say no raise but the media suggest otherwise....I cannot remember too many times I have encountered that scenario. Obviously heads would need to roll if the media account proved correct IMO, but if I was a shareholder here, I would want to see some large purchases by various directors in the next couple of days at the latest. IMO that would do the trick and restore confidence. Will continue to watch with interest. GLA.

I spotted that short increase too. I guess you could argue that they would have gone in much bigger if they knew something that the market did not. I can see the risk/reward argument in some ways...as long as no new party shows a hand, this is a maximum loss of circa 10% versus a likely gain of 25% minimum (IMO). Probably less % risk, as a confirmed offer would probably still not see the exact pence hit immediately. Certainly piqued my interest anyway...

So contact the CFO directly and ask the question, or raise it with IR. I have done so with a few company directors over the years. Sometimes it falls on deaf ears, sometimes it has not. Could be a coincidence in the latter scenario of course. It was just done as a result of frustration at a perceived lack of commitment to the cause, as it were. There have been plenty of pay cheque, lifestyle directors in some of the outfits I have held/hold! Have not come to any opinion on the CFO here, one way or the other, FWIW.

In the meantime, if anyone wants to try and get a reddit squeeze going to counter shorts, I would be happy to buy a few more and play a small part :)

As long as the BOD focus on, and deliver, growth and debt reduction, then I am not worried about the share price. No opinion in either direction regarding the name change.

I think it will almost certainly rise quite considerably if they do achieve these important goals. Shorts may even offer/suffer a squeeze at some point in the process. As long as they do not know something that we do not (and we have no reason at this stage to think they do). I do appreciate that it is easier for me to say this perhaps, with my current average and only having recently joined, but nevertheless valid points I think.

We can but hope! This is where the BOD will show their quality. For good or for bad. I am going to plump for 'good' quality, but not as relaxed a holder as I was a few weeks ago. News needed soon. Preferably positive MDA news obviously. GLA.

Call them and ask, notaclu. I know a couple of UK brokers basically said 'not our problem' (or words to that effect)...and as for ISA status, even more of an issue, as far as I could make out. Maybe Halifax will be different though. Good luck.

Thanks Evraz but I am sticking with mature and profitable companies for new investment for the time being. Got plenty of small caps already and increasing numbers of grey hair! :)

Well, I have had enough here personally. Took a hefty loss, although managed to catch the upswing, so a small comfort I guess :) Life is too short quite frankly. Good luck to those planning on sticking this out. I was going to do that as well, but this could indeed take a number of years to play out, assuming western PI's do not get entirely stiffed before then. Moving off the lse to another index where either the UK or R may deem shareholders to be 'unfriendly' at any given point, is simply not worth the aggro IMO. Hey ho.