Member Info for LWHL

Disappointed that Ashton has not given his thoughts so far.

I agree with you Pokerchips, insofar as the fact that most people are not paying nearly enough to cover their future pension and healthcare liabilities.

The real issue though, as far as this particular point goes, is that most of the current pensioners, and soon-to-be pensioners, have not paid nearly enough to cover the same. Even more so actually, when you factor in the now closed final salary pensions and the old school DB pension schemes. A bunch of other benefits over their lifetime that are also now closed to future generations. Free university, tax deductible opportunities on mortgages, greater job security, promotion bumps just before retirement, etc, etc.

None of which takes away from the importance of individual responsibility that IMO far too few people take ownership of. Especially the younger (my) generations. Lest my post should come across as a Boomer bash :)

That would be unwise in the circumstances, IMO.

Better to keep as much of a cash buffer as possible.

I would take 80p, or thereabouts :)

Well, if they are not going to depend on more and more debt...then we are going to have a cleansing moment across most asset classes, IMO.

And nothing that they have done in recent years suggests that they are willing to get a grip on things. I simply do not believe that they are just guilty of naivety (transitory inflation etc).

These have been choices made, that IMO will continue to be made, in full knowledge of what the consequences would likely be and indeed will be, going forward, and who will be most affected by said choices.

Fascinating stuff in some ways, but probably better to read about it after events play out, rather than live through them :)

Well, this stock is a free spirit! Well done to those who bought yesterday.

This is quite extraordinary. Surely something is brewing in the background to justify this price action?

Anyway, all the best guys.

None of which excuses a lack of some RNS, even just fluff, on the date in question, Paul.

In fairness, Rach was wrong too. The raise was not at the price she said it would be :)

Must admit, I anticipated a raise to be announced in the first, maybe second week of January, but am more surprised at this latest move by the company. Extraordinary stuff to my mind, but no doubt there will be others with a different view. Hey ho.

If the H&S does not play out on silver and instead reverses back to the upside. In answer to your question :)

I probably should not have made my earlier post, as it was a little bit mean I guess, but as the biggest cheerleader of this name and having made repeated declarations of certainty that no further placing would happen this year, my mischievous side got the better of me on this occasion. GLA.

That is waiting to see Ashton's response to this morning's RNS?

I am curious to see the price action here today myself.

Wondering if it might be a flat, to small red day, compared to some heavy sell offs across the wider indices.

Based on the spike in the 10 year yield across the Pond, during the FED speech last night, and what that did to the markets over there.

I wonder if our own plunge protection team (or whatever our version is) will be making some moves in the next few days?

None of which need concern long term investors in principle, but for those who enjoy trading the volatility, this could be an interesting little period. GLA.

Certainly possible, but equally, we cannot discount this being a great buy the dip opportunity either.

Look at the VIX chart, just back in August, for example.

All that said, and in the spirit of transparency, I have now cancelled most of the buy orders that I had in the pipes for most of my current and target names. Including this one.

Not sold, nor planning to sell, what I already hold here, because what was discussed earlier, has not changed since this FED speech, IMO.

But if you are confident that you can buy something that you want for a lower price in a few days, or weeks, rather than having to get it now (or tomorrow), then some of us are going to wait for the bigger discounts.

And if this analogy does not play out, well that will be fine by me anyway. The beauty of having some skin in the game. Hence why I took a small nibble on a different name to open a new position, even as the SP of that one was, like most other US names at the time, going for a plunge. GLA.

Depends on whether or not the VIX recedes as quickly as it has risen (74% today, and that was just during J Powell's speech).

It could be a terrific buying opportunity across many names, if we see a repeat of the August VIX pattern, for example.

Either way, tomorrow and at least the rest of this week, is going to be very interesting! GLA.

So the VIX does not mean anything, eh? I hope you took my advice and kept back some dry powder...

Have taken an opening nibble here. A falling knife, among many, many, falling knives across the Pond, at the time of print.

Much further to drop, IMO, but I wanted to retake some skin in the game. Have a few more buy orders in mind, but will reflect more before setting them.

It currently feels like it might be a similar showing to that of late December 2018, but equally, these things can also blow over just as quickly as they came in. GLA.

If they take it private that will stink. And I would take the loss, rather than trust the management under those commercial arrangements.

IMO, unless you either run the private entity, or are a really significant shareholder in a private company, then it is not an attractive proposition.

It is an interesting idea that has been raised, but one naturally that I hope will not come to pass. GLA.

That is because TA is a short term thing, while fundamentals are a potentially longer term thing. So not a contradiction.

I used to think the same thing when some posters talked about chart patterns and various prices...then one poster repeatedly called numbers that hit, over a few days, or a week or two. So not massive time windows. Both up and down.

Then I started to do some research into it.

I agree it offers no guarantees - obviously - because then it would freeze the market, as nobody would buy or sell anything outside of price points that would never hit, lol - and I can only offer my own anecdotal example that my own performance since incorporating it into my stock market activity has improved extremely materially.

And I am a long way from being nearly as accomplished as some people are at this stuff, so absolutely no boasting intended.

My point was that, for anyone simply investing with a long term view and not interested in TA, then they need not trouble themselves with short term volatility.

That poster came across to me as someone who wants to have the chance to sell soon. Otherwise, so what? Either sit tight or buy more (or sell up). Why get mad at people selling? Lol.

As to your more recent post: indeed. It certainly contributed to my own long thesis in this name.

NT: I hope you will take this comment in the positive spirit in which it is intended - which may, or may not, be applicable to you - but it might be of some use to other posters here...if you start to question your long thesis (which I have done, and still do, lots of times) go back over the research that you did in the first place, and which led you to taking a position, or adding to a position etc.

I personally find that can be quite a useful exercise, and either will hopefully renew your confidence, or perhaps lead you to form a different opinion.

Both can be valuable, because at the end of the day, you either make money or you lose money in this stuff. Fair or unfair does not matter.

No more essays from me today :) GLA.

Agree. That is predicated on getting a big sell off day of course - but if low/mid 80s does print, the two would probably go hand in hand.

I am caught in two minds with this name right now. I was until recently planning similarly myself (specifically 86-88p range), albeit considerably fewer than 700K shares, even in total, but I need to reflect some more, I think.

Trying to follow the old maxim of avoiding acting in haste to repent at leisure. Especially when there are so many names that are all increasingly looking like they are on sale. GLA.

Well, I decided that I did not like the price action, so took a few buttons profit, U-turning on my original plan.

380p or less on no company-specific news will likely tempt me back in, but if I miss the boat, so be it and in which case, GLA and I hope you prosper.