Member Info for LWHL

After the EGM RNS just now.

I think it is a good move, which will be supported by shareholders.

I also like the implied buy back scope and potential take over opportunities that are presumably more easily facilitated with this migration.

Some other benefits listed too, but those are the ones of interest to me.

No shorts above the disclosed level at the time of print. Pity. Lol. GLA.

Yeah. I think so. Could even see 17's again, although I will be adding all the way down with this one.

Subject to the obvious caveats and just my thoughts, etc. GLA.

I have never been shy about sharing my opinions - and sometimes criticisms - of this name. As some of you will no doubt remember.

But we are 135% up in the last 12 months. 44% for the last three. Only down 2% in the last month.

As far as I can tell, the key technical indicators remain bullish, even if we close below the 50 DMA today (with what has already been confirmed on that particular indicator).

IMO, only a break below the 200 DMA would bring this bullish thesis into question.

And even then, for LTH's it might represent a buying opportunity. If not for short term traders.

FWIW, I am not adding in this price range. I have no opinion on whether or not we are seeing forward selling.

And if I see something that compels me to comment negatively, rest assured, I certainly will :)

But at the time of print, I find myself unusually standing in defence of the BOD, lol. GLA.

Three things.

One: I have likely been a holder here longer than you have. Buying at much higher prices, all the way down to near the lows we saw. And everything in between.

Two: I never give advice. Only my thoughts, which change as the many variables change (or more specifically, my take on said variables). I have been wrong many times, and reserve the right to continue to be so, now and again, lol.

Three: Sarcasm is the lowest form of wit.

Trimmed a few more. My final slice now, unless something company-specific happens and I end up dumping the remainder.

Not something that I anticipate needing to do, but like an earlier poster said, never say never either.

We are printing cash, terrific assets etc...but we are also very frothy on fundamentals now too.

More risk to the downside, than significant scope to the upside at this point, IMO. GLA.

If this is capitulation, then all to the good. When better to buy, than during the capitulation stage? Lol.

Certainly would not dispute it can continue lower, certainly that low 70's gap another poster mentioned earlier.

And with a more juicy market sell off, obviously it will follow suit even more.

But nothing has changed the prospect of that mid 90's gap fill either, IMO.

Not playing on margin, so can be patient and wait for what will likely come, sooner or later.

But your earlier post with reasons for your bearish thesis, I found interesting to read.

Obviously, we are on different sides of the trade, but that makes a market.

And furthermore, my thesis here at the time of print, is based on TA. So apples and pears, in that sense. GLA.

But if you cannot continue to hold in an ISA or pension, then that removes the appeal for most small investors - not to mention the loss of a tax shelter arrangement on top.

Hopefully if they were to do so, it would at least be above a quid, although I appreciate that this might still represent a loss for many PI's here.

Anyway, all being well, we will see no such grift. GLA.

Would not like to see a de-listing. Ordinary shareholders would likely be shafted in such a scenario.

Well yes. Of course it is rear view mirror stuff that has already been flagged.

But I still do not see where the optimism comes from, apart from what I already mentioned. Anyway, time will tell and GLA.

Hi Mary. Long time! Hope you are well.

And hope you bring some magic to this name, because I made a gentleman's bet with a poster here quite recently, that I am not sure is going to be won now, lol.

Although I am still extremely confident in making a future profit here, over a longer time frame though perhaps.

While taking nothing for granted etc. GLA.

Only the retention of the sizeable dividend, and those significant inside buys, can explain the optimism here still, IMO.

But fair play to holders. If they can turn this around, it could be a great reward.

This update does not suggest that to me, but I am rooting for the CEO here nevertheless, as I mentioned in the past. GLA.

Indeed. Had another small historic buy order hit late yesterday. One that I did not anticipate to see before ex div.

But I am now going to move my planned sell orders higher. That is a strong statement of intent by the CEO, IMO. GLA.

All things considered, a solid performance today.

I got a few hundred more in the high 250's, but a bunch of buy orders below 255 that did not trigger of course.

VIX up 17% at the time of print, and as a chart formation, looks like a 'buy'.

But the VIX usually retreats as quickly as it rises, hence my having made a bunch of small purchases across a few names today. Miles off blood in the streets territory though, so small buys and with caution, for me.

Almost got enough now to make the dividend worthwhile in itself. But naturally, taking nothing for granted etc. Good weekend all.

Looks like a text book break down on the chart.

If we do not hold the 50 DMA, then the potential price can be found by measuring the widest point of said rising wedge. According to theory.

If any TA purists are here and want to plot with precision (and share with us), please do :)

It always does. Death, taxes and conflict in the ME. The certainties of life.

Not added more today, but only because some buy orders have yet to hit.

If this is 'the one' then none of this stuff would matter anyway, lol. GLA.

Lol. Pesky retail money, no longer acting as dutiful bag holders, when the City or Wall Street wants to cut and run :)

The politicians can be blamed for this state of affairs, with their excessive interference and high, repeated, tax grabs.

But so can the board of directors of many UK listed companies.

Who get extraordinarily well-rewarded, come what may.

I include this name in that criticism. They have not justified their current level of remuneration IMO, based on company performance in the past year or so.

I consider it adequate, but not much more.

Hopefully the next couple of updates will demonstrate that they are back to peak performance. At which point, the remuneration can be justified.

But I added yet again this morning, because at some point I think I will get the chance to sell for a profit. We shall see. GLA.

At the time of that RNS, I felt the language/words used, suggested high uncertainty that this goal was going to be achieved.

I assume that by September, or surely no later than October, they will have to notify the market whether or not they have managed to do so.

But as I have openly stated in the past, my confirmation bias is very much to the bearish side when it comes to this name.

Time will tell, one way or the other. GLA.

Very tempted to add a few more here myself, but being disciplined for now.

I want to see if we are going to test the bottom of that channel. Where I have a couple of small buy orders in the pipes. GLA.

Lol. Daft comparison.

But sure, it might go down further tomorrow, along with the wider markets.

VIX currently at 18 and the chart looks like it could revisit early to mid 20s in the short term.

See where we are in a few weeks or so. GLA.

In the past, I pondered what price might get a sale here.

If enough of the major shareholders were fed up, I wonder if 120p would do the trick? On the assumption that Pentland wanted it in the first place.

IMO, this name has, to a degree, lost its 'darling' stock market status, but not its proven business model (although not future bullet proof, of course).

So, a stint private again for a few years, before a fresh re-list here (if we sort our sh%t out) or perhaps across the Pond alone, at a much higher price than 120p, carries some logic.

Would be bad news for some, whose average is around that number, or even higher, but since when has that stopped M&A activity?

Anyway, fun to shoot the breeze during quiet times, lol. GLA.