Member Info for LWHL

Inflation is meant to run at 2%. When was the last time we had that? More to the point, when do you think we are going to see that kind of print again? Certainly on a consistent basis?

I heard a few days ago that more than 70% of Americans are living pay cheque to pay cheque (cannot remember the source).

Apparently it is lower in the UK, although I have only found two totally and widely different stats for this same question. One said one in seven. Another suggested 36% (see what I mean?)

I still think stagflation is a serious threat to the global economy. Especially when you consider the global debt pile.

But the stock market is not the real world.

As for JD and the bull case: Significant inside buying recently at 90p or so.

Strong brand with a track record that includes navigating the Dot Com Bubble, the GFC, Covid lock downs and other volatile periods in between.

A normalised PE of 6.3 at the time of print. And all the other financial metrics that a few others have previously highlighted, so I will not repeat those.

I have a small number of shares again now, with a couple more buy orders down to 77p or so.

I think we could test 80p, certainly. Not sure if the 77's will hit, but who knows?

Ultimately, and subject to the obvious stuff, I feel fairly confident that 98p will be seen again at some point. 92p gap fill prior to then, of course.

Unless something goes spectacularly wrong, but you could say that about any equity really.

I am sitting on about as much dry powder as I ever have. No complacency whatsoever.

But IMO, the music has not stopped yet. So I am not going all to cash right now. And even when it does, I will still retain at least 20% in stocks, because it is easier to add when you have some skin in the game, than to try and decide when is the right time to start buying back into the market from scratch. In my view anyway.

Not suggesting anyone take this as advice, or a strategy to adopt, but just my thoughts.

Yeah, another one of those predictable RNS's.

Disappointed that it is at a discount, especially from 11.70, where we were, only a couple of weeks ago.

But hopefully they will have some good news flow to drive the SP back up again soon.

This one is back in the trader basket for me now.

A strategy that I should have stuck with.

But all being well, it will provide some opportunities to play around with. The only way with AIM, unless you are one of the big fish, with the inside track.

Just got to flip them before they do, lol. Hey ho. See what the next few days bring. GLA.

My buy order just missed this morning, that is why we are doing well, lol.

Very impressive performance today though, given the wider market malaise.

A close above 101.64 either today, or within a couple of days perhaps, would be very bullish IMO. GLA.

Hopefully. I have added a few more.

Looks like a nice bowl formation on the charts. Might need another couple of goes at cracking the 50 DMA, or perhaps just one more push, we shall see.

Seeking 40 - 42 with that tranche. Fingers crossed, naturally :) GLA.

I think we probably need to get above 90p to feel confident that the downward trend has been broken.

I think the market will need to see the specific details in the March update to hopefully achieve those kinds of prints here once again.

Before then, 77p-ish and 80p are the likely next points of resistance, IMO. But we have a little double top around 75.5-ish just now, so we might get a new trading range soon.

Not that I seem to ever call this one right, lol. GLA.

Well, I did suggest we should have made noises about selling to them.

I suspect that the process of unlocking funding, or a western major buying the asset, would have been somewhat rapid, in such a scenario.

But we have not, so we are where we are.

Hopefully. I would like to trim a few here, having been adding around 280 and below.

Plenty of dry powder to add a few more if we revisit that lower range again though, subject to the obvious caveats.

See what happens tomorrow. GLA.

I do not want it taken private. Not unless there is a fair price offered to those who want to exit under such a scenario.

We have seen a few outfits in the past 12 months or so take this route. Admittedly, the ones I am thinking of are/were AIM stocks - but you cannot keep any in an ISA, and not all brokers allow the option in a trading account either.

As a minor shareholder in a private company, you have virtually no influence or protection, unlike when an outfit is listed. Even on the questionable AIM.

Anyway, I think it is a moot point, as I can see no commercially logical reason for CARD to take that path.

But if they did, I would be out like a shot. And would hold an extremely dim view of the BOD. It would be a most unscrupulous act.

Yeah, I'm sorry, but I struggle with that theory.

This is a 5 billion m/cap stock. No way would it take you weeks, let alone months, to get 700K worth of shares. The 3% premium you suggested earlier was for one immediate hit. If you did 100K per day, I bet it would not cause even a ripple.

Maybe if the free float was very small, like a FRES, IDK, but I will leave it there, as ultimately it does not matter, lol.

Anyway, hope everyone has a good weekend and see what next week brings.

Well, perhaps not the last of the stale bulls; presumably some are still holding from the 4 quid days, who neither sold, nor averaged down, since then. But broadly, I think the point still stands. GLA.

I am hoping for an early retest of the 200 DMA. Shake out any weak hands and clear out the last of any stale bulls, before we make a move towards the 78p level.

I think we might find a new potential trading range before the end of next week, but that is just guess work on my part.

Given I only hold the investment pot here at the time of print now, ultimately I do not care, in that sense.

IMO, we are back on track. There will be more bumps in the road, no doubt, but IMO the boss has shown he has a handle on things and he has my full support.

But I do like having a trade in this one at the same time. It almost feels like it should be obligatory, given the nature of the business, lol :)

Good weekend all.

Hopefully we will see some positive write ups over the weekend.

Add on the likelihood that many investors will not have had the chance to see this update yet, all being well, next week should see us build on today. GLA.

When was that written?

The last company update gives a clear indication of where the company stands, insofar as their cash runway.

Not my definition of 'a substantial amount of cash on its books'.

Certainly not without some actual substantial income via Stalicla, or perhaps some new funding via a new deal. Been a while since they last seemed to achieve that.

Bulls obviously are basing their long thesis on Stal coming off. Maybe some are even confident that some new money is going to come into the business as well, from somewhere apart from shareholder pockets (again).

Which is fine.

The only point that I am challenging is the notion that they have a substantial cash buffer. GLA.

That is your best post yet, JJ. Exactly the same mindset I have and probably most of the other posters here as well. GLA.

I reckon you could have managed on the 14th - but, goodness me, you are a funny one.

Nothing wrong with a change of mind, of course, but after your last few posts, I am scratching my head as to why you bought any, let alone tried to purchase 750K?

Anyway, good luck to you with whatever your plan is.

I have slightly less than that as a buy order in the pipes, for the book mark holding I mentioned.

If if hits, it will likely only be for a trade, but I am still very undecided on that right now. Because I do like a meaty inside buy, as I have suggested a few times on a few chat boards.

Anyway, it may or may not become relevant depending on whether or not it pings. GLA.

Only until we get a government that cares about the UK, while also understanding how business, and business confidence, works.

I have also been increasing my own US exposure (in a few names, not across the board).

But not quite as much as 50% of the entirety.

We owe neither the government, nor the UK markets, loyalty. So we individually need to base our investment decisions accordingly.

Anyway, maybe another test of the 50 DMA, before hopefully another bounce that has a go at the 200 this time.

Could just as easily break to the downside this time of course, so not suggesting anyone follow my lead. If I decide to take another side pot trade here. GLA.

Yep. It was his decisive buying here that made this an investment, rather than just a trader, for me.

So far, that faith has paid off. And I will no doubt take a fresh side pot trade (or ten, lol) once we see a new potential trading range.

Just watching for now...but well done Per! It is nice to have a reason to praise a CEO and so far, I think this is entirely justified. GLA.

Still in auction :)

Against that, some more meaty inside buys recently and not frothy on fundamentals.

It is why I keep circling this one :) Tempted by that 92p gap fill which I assume F-F was referring to. Might retake at least a book mark stake here.

Good previous post, James Oxford. Just read it now. GLA.

Satisfactory. Need to see the full picture in March, including the debt position, but top end of guidance, after the last update?

Happy to take that.

Not sure how the SP will react today, given the late spike yesterday...but at the very least, the cup and handle will more or less have played out :)

Anyone adding today?