Member Info for LWHL

Why does it bother you so much, NT?

If the BOD delivers, the rest will take care of itself.

Meanwhile, my buy order missed by a whisker.

Depending on how the FED speech goes later tonight, I will likely either not get a fill, or will be able to pick some more up around 92p instead.

And some of you poo poo technicals! Bah :) GLA.

You may as well wish for the moon, johnjo1.

Nevertheless, a good performance here from JD today. Certainly in comparison to the other retailers.

Did you get your shares today?

I had forgotten that this one had that agreement extension until last Friday.

Not even some puff-piece RNS on that morning!

This is a new low, insofar as a lack of respect for shareholders by the management, in my view.

How long can they remain silent here, does anybody know?

They were called 'the greatest generation'. On balance, and certainly on a comparative basis, it's hard to disagree with that IMO.

See, I do like central heating. While I can afford it, even with all the net zero-related taxes, I am too cheap to have it on often, or for that long, lol.

MrBombastic: Thank you for providing a live example that relates to one of my earlier posts today.

I am sure that you will never forget that four legs are good, but two legs are better.

That has never stopped a lot of people seemingly prioritising their pets, over what others might consider more essential expenditures. Especially things like savings or investments, for example.

Understandable to a point, for anyone who has, or once had, a pet, I guess.

No such thing as a risk-free investment and this name faces plenty, like all retailers.

But IMO, like a few other names that I am currently backing, this should be one that weathers the storm. Bears disagree and that is fine. What makes a market etc.

Hard times create strong men etc, Pokerchips.

Like I said earlier, we have not really had a change of government for many, many years.

That was the beauty of a sound money system. Which we abandoned a long time ago. Whether it is gold or something else (not Bitcoin!), we need a system that does not allow any government to accrue the type of debt burden that we now face. And which is accelerating ever faster. I think most people in the west do not fully understand how debt actually works. Or they trust central banks to do the right thing. Sigh.

Anyway, it is what it is and as I often say, we can only control what we can control. GLA.

Drastic situations require drastic measures, Pokerchips.

I never suggested that such a path would lead to a 'soft landing'.

We are a long way past gentle and gradual changes to fix the entrenched, and now structural, problems that we face.

A civilisation must prioritise the future...or it has no future.

That means front-loading investment in the young, maintaining and in some instances, building, new infrastructure that will give us energy and food security.

Border security. Because you need to have strong incentives for the locals and the legal migrants to work.

Which at the same time will increase the probability that the law-abiding will be able to go about their business without risk of harm to them, those they care about, and their property/possessions. Something that does feature in the planning of HNW and UNWI's when it comes to where they might choose to reside and build businesses. Especially if they have young families and other dependants to consider.

Law and order that is effective in changing the current risk/reward metrics. The current arrangement is simply not working and is responsible for the staggering amount of petty, and increasingly violent crime, across the UK and much of the wider western world.

IMO, collateral damage is unavoidable. We are already experiencing plenty of it, so it would hardly be a case of abandoning paradise for something different.

And if we continue as we are, the whole thing is going to come crashing down sooner or later anyway.

With a likely result of communism in one guise or other and something far more disorderly than some of the suggestions that I have penned just now.

This is where a technical trader would be helpful, if there are any on this chat board?

Because this looks like a rising wedge that has broken to the downside today. So am trying to calculate what a good possible re-entry point might be, on a TA basis.

Did I miss something company-specific?

Fair play to anyone who took that quick trade then.

I actually think the owners here will keep things afloat, but there are IMO plenty of other and better risk/reward plays than this name at the moment. So I will keep a watch, but not setting any buy orders. GLA investors, traders, capitalists and the capitalist-curious :)

Ah yes, the old late stage capitalism theory. We have not had a capitalist government in the UK for many years now.

But for now, enough people still buy the blue rosette versus red rosette play, and therefore think that comments such as mine are simply an attack on the red gang, by a blue gang loyalist. Which could not be further from the truth.

We have had the same government for most of my life.

FWIW, I do not see an option in the UK right now.

I just hope we do not have to suffer for as long as the Argentinians did under communism and socialism, before enough people finally realise that the solution to most problems is less government, not more government.

But in answer to your question: At least a 40% cut to the public sector bill. It might need to be a good deal more, but 40% in a first term would be enough to be getting on with.

Front line staff in those areas where public services are actually useful, would not be included in these cuts.

Not necessarily, Santa2024. Have you seen the spread?

Although if anyone did get some in the mid 70's, IMO they stand a good chance of having the chance to take profits sooner or later. GLA.

Me either, except on some nano caps occasionally. Live buy order for 84p a few seconds ago.

Not for me, at that price. But will have a flutter if we see low 70's. Might be an excessively low target, but I am not desperate to get some action here, so that is fine.

With those remedial steps that they mentioned, they should be able to avoid a fund raise IMO, but I guess that will be predicated on how the numbers look this time next year.

Bit of support around 77p-ish (although the chart is not easy to read, IMO).

No idea where the SP is going to settle in the days ahead...so will continue to watch from the fence for now. GLA.

It is the socialist way. They need as many people as possible to be essentially indentured slaves to the state. Something which far too many people seem to embrace, for reasons that are beyond my comprehension.

Nevertheless, this is a shocking update. Batten down the hatches.

IMO, they need to just survive the next couple of years and wait for a more sensible government. I think they will be one of those that makes it, but I have no idea how low this will go first, so watching from a distance for now. GLA.

Yeah, the chart does look terrible, but another GFC-type event should see this one follow a similar trajectory to back then. Not hoping for that, but it is why I have a few in the investment pot, as a mini hedge of sorts.

Current average is around this price, and will add more if we revisit the year lows. Then more in the 70's. Subject to nothing company-specific driving the action of course.

Cannot see that happening, because that would IMO require a very healthy economy in 2025...but if by some miracle that occurs, well, I have plenty of other names that will do wonderfully in a bull market, so that would certainly be my preference!

Yeah, but of no consequence, because if you set specific buy prices pre-market, they will either fill them, or not.

I do not think the price action here (or many similar names) is simply PI's selling. So I think you will get your fills.

All that pending data you mention is absolutely crucial to the short, and maybe even medium term, direction of travel.

It also depends on what your plan is with 700K shares. If you are only looking for a 10% bump, then I can see the temptation (albeit a gamble) to load up before those news points.

Or a spread bet maybe?

Anyway, I hope you let us know what you end up doing, and once you have got your planned allocation.

I like this one and have been in and out a few times, but the timing just does not quite feel right to me. Which could be entirely wrong of course. I have never sold at the top in this one.

Difficult though, as so many names are looking attractive right now and you cannot buy them all, without spreading yourself too thin/sacrificing too much dry powder along the way. All part of the enjoyment of the journey though. GLA.

Central and South American countries were already poor, so what we are experiencing is actually a lot worse. Because a lot of the British population remembers better times. And current pensioners, much better times (even allowing for the last affair with socialism under Callaghan).

Not to mention that by and large, while poor, those nations at least retained their national identity.

What we have had done to us in the West over the past 40 years or so, will be looked back on by historians with a degree of puzzlement. And mirth, by those nations that saw us undertake this policy, but chose not to follow the Yugoslavia model on steriods, which our 'leaders' imposed on our societies.

Can you imagine what would have happened had you shown pictures and footage of a typical week in the UK/France/Germany etc in the present day, to those populations back in 1900? I think we would not even have had the war to end all wars, let alone the other big one, lol. Or showed the same footage to those who penned asylum principles that form the bedrock of western laws today? It is an interesting concept to muse, however futile.

We did not learn from the mistakes of the late Roman Empire. Too late now? I hope not, but I will not hold my breath.

Anyway, like most names, I see this one is also getting knocked about. Back on my watch list. GLA.

In an environment like this, with a rising VIX and DXY among other things, why don't you just set ten 10K buy orders at different prices pre-market tomorrow, and see how it goes? You might be pleasantly surprised.

If you do not get them all filled, you could contact your broker and they might be able to help. Certainly for big buy orders, MM's can assist with such things.

I have never tried to buy that much of any stock in one hit personally, but I do know some people who have had large transactions managed for them in this fashion, for example.

And if you get those orders filled, try a bigger bunch of orders on Thursday and Friday. Why the rush to get them all immediately anyway?

This is almost certainly not the bottom, but your call naturally. GLA.