Member Info for LWHL

You only need to glance at my own posting history to see my thoughts on the same, moniman and NickRubens.

Although you are perhaps more diplomatic than I can be when I get onto my political soap box :)

Well, I did point out late last week (cannot remember exactly when now) that on technicals we could see a retrace to 97p-ish, maybe even 95p.

And that it would not likely be more than a healthy retrace. Think we were around 104p at the time, but do not hold me to that exact price!

Got a couple of buy orders in the pipes, in case the TA does play out fully, but happy with what I have, should it not.

As long as the BOD gives us a good update whenever the next one is, or additional positive US news, then the rest will take care of itself IMO. GLA.

You are entitled to your opinion, naturally, but you are naive if you do not think that indicators like the VIX or DXY influence indices. There is so much evidence to prove this statement. But up to you.

And while I generally agree with you moniman, I hope you can tell the difference between FUD-spreading short types and those who give their views sincerely.

Longs should never dismiss the risks to their thesis, same as shorts should not, on the other side of the coin.

Besides which, these chat boards get very boring, very quickly, when they become echo chambers.

Anyway, I will leave you all to it until we next get some news, or another of my buy orders hit. GLA.

TA suggests some support around 207p, then not much until 185p-ish, although I agree about your point on human nature liking round numbers.

As for fundamentals though, which I suspect most holders here are more inclined to follow, this is not expensive right now. And lots to like, as some other posters have already highlighted.

Which is why I retained a small position to catch the dividend, even though I was confident that we were not likely to be close to the actual bottom.

As has shown to be the case.

But ultimately, who cares? TA does not always play out, and the lower we go, the greater the prospect of a speculative bid.

Which, even if rebuffed, will allow those so inclined to take some profits off the table prior to then. And potentially add back if the SP retraces at that point.

Or continue to build a bigger position without the above.

Furthermore, we might get a strong rally if the markets like with the FED has to say, along with rate cuts...so shorts might need to keep close stops, or risk losing a chunk of their current paper profits.

I still see no point in shorts trying to scare people here. This is really not the cap size where such games are going to be remotely effective, IMO. Anyway, GLA bulls and bears.

You forgot to add 'touch wood' :)

But so far, so good, given the wider market sentiment at the time of print.

As I said on another board, we need the DXY to reverse, for the markets to potentially reverse this downward trend too.

Hopefully not too much longer, but some key economic data here and across the Pond in the next few days will be crucial to that end.

Therefore and IMO only, we are unlikely to make an attack on early 20's until that happens.

Let alone a crack at the 200 DMA (currently 28.95p and my existing target).

But this is AIM, so TA is less reliable generally. GLA.

The VIX is rising (although still low, at a shade under 15), but the worm is unlikely to turn until the DXY drops, IMO.

Some key economic data here and across the Pond over the next few days will give us some fresh indications.

This is not company-specific, so I can understand the buy the dips policy for those of you doing so.

But my advice would be to keep back plenty of dry powder, all the same. GLA.

Maybe some of those DEI zealots, who apparently were responsible for all that nonsense, as per yesterday's RNS?

Let them invest in outfits that they feel will better represent their thirst for quotas.

Personally, I prefer to let my thirst for performance dictate my investment strategy.

Did anyone read the Telegraph article yesterday afternoon on this topic?

This stuff is poison. Needs rooting out of all government, which essentially includes chunks of the private sector too.

The best time to get rid of it was twenty or so years ago, when it first started rearing its ugly, unnatural head in business.

The second best time is now.

This price action reminds me of what happened over at CARD a couple of months ago.

You think it has started to bottom...and then another little dip down! More of a gradual grind down, rather than spikes.

But, like that name, I think this one is going to put in a good return at some point. Lower first though, IMO.

None of which will concern the LTH's, nor the traders, who are watching and waiting for likely trading ranges on the way. GLA.

Just part and parcel of the current market-wide volatility IMO.

DXY is crushing everything right now (which is why we will see the FED cut rates across the Pond again shortly) and higher risk-on names like this one are responding accordingly.

If the FED does not, or even hiked rates, that would be interesting to watch.

But I am as close to 100% certain as I possibly can be, when I say no chance to those scenarios playing out :) GLA.

I reckon a TR-1 showing we have taken profits on TTG would do the trick. I think there is an element of uncertainty on that front that might be keeping us back.

Nevertheless, as I said before, the last update was enough to put my mind at rest and bring me back onboard. So as far as I am concerned, not something that influences me. GLA.

Presumably they are simply waiting patiently for their various buy orders to fill.

Knowing that bullish or bearish posts here are not going to make the slightest difference to the price action in the meantime:)

They are called his little helpers because they work for free. So MW and NLW do not apply to his operations.

And the side hustle of selling some of that magic dust on the black market, means he has plenty of profit left over, even after the cost of giving all those presents away to the children....

How dare you. Santa is real. Be careful, or you will only get coal in your stocking this year, and your dividends will be confiscated to pay for his reindeer vet and food costs going forward...

Notwithstanding the reservations that I still have...I am in for a few taster tranches.

I was not able to get a read on the early price action, so have been very conservative with my purchases.

But the raise price, followed by this over £200K inside purchase, was simply too tempting not to have a flutter on myself.

Hopefully we are not all fools who are better parted from our money! GLA.

Am I the only one who read the RNS just now and thought: the only thing I care about is having the best people in the crucial jobs...if that is 100% men, or if it means 100% women, so be it? Lol. ESG nonsense, presumably.

Anyway, I have no strong opinions otherwise and nothing in that RNS changes the investment case here, IMO. GLA.

I agree it certainly will at some point - but the amount of foreign money pouring into the S&P and NASDAQ right now (highest on record, apparently) means it could easily remain frothy for a good while yet. Never forget, the stock market is not the real world. Even allowing for the bearish TA on the charts etc.

Neither WBA or DG (or any stock, domestic or international, for that matter) that I mention, is ever to be taken as a recommendation of course.

But on fundamentals, DG is not one of the frothy ones. And by US standards, positively cheap as chips, IMO.

WBA was/is a punt on Tim W either turning around the ship, or securing a reasonable buy out/various asset sales, meaning IMO a reasonable risk/reward proposition. Based on my aggregate average price. Which is probably a good deal lower than a lot of shareholders in that name right now.

But absolutely on the higher risk scale and IMO, not for widows or orphans. GLA.

Not familiar with IG Design. I will take a look.

Yes, Dollar General. I actually took profits on that recent spike, but bought some of them back around the current price. And will add more if it retests the year lows in the weeks ahead.

Annoyingly, I had some sell orders for a chunk of my WBA, which got snapped up in the initial spike on possible PE BO news. If only that story had come out outside of trading hours. Sigh. When does a profit feel like a loss? When that happens, lol. Still got a few though, so will take a view in the weeks ahead.

I would have still sold the aforementioned tranches, but in the 10.50 and 11 range. Because it is not a 'done deal' and for some reason Jim Cramer felt the need to voice his opinions on the matter. Although I would be more concerned if he had come out bullish on them, lol.

Anyway, hopefully the market will agree with our bullish sentiment here soon and give us some price discovery.

Santa Rally next week, all being well, and even with all the global issues and the domestic self-loathing, anti-British government cherry on top, of the retailers, this one is better fortified than most. AIMO, time will tell and GLA.

In fairness, north American stocks always carry a hefty premium in comparison to UK stocks.

Something that is likely to see an even bigger disparity in the years ahead IMO, but I will not go down that rabbit hole :)

Nevertheless, Talon has still lost 92% on a long term horizon and 47% just this year. Not in that name myself, but I see it got some funding recently. Reminds me in some ways of MKA, which I do have a small position in. Not touting that one, but just as an aside.

I can also appreciate how some holders here think that 80 is also in a very similar boat to those names. I used to feel similarly, when I reflect back to the very first mention of Disko/K news.

Some of you still do feel that way it seems, which is fine of course.

Sorry, £6-odd million m/cap. Strange how different sites list different numbers. Anyway, the other points still stand. GLA.

All of which comes back to the question of when is the drilling going to commence?

Apologies if I have missed it, but has all the equipment even been sourced and secured yet?

We all know there is a limited window of time each year in that part of the world to do field work, and this company does not have the finances to sit back patiently, like a major can, for example. Nor is it essentially in their hands, which compounds the risks, IMO.

Hence why some asset sales would have reduced the pressure significantly for what everyone now appears to think is the main prize.

Which may or may not be the case. I remember when that was the title bestowed on Dundas. Hey ho.

With a market cap of £4 million, I can see why some are tempted to have a punt here. But given the lack of any asset sales, or even JV's, and almost another entire calander year completed, I think the BOD are very lucky to have any supporters left.