Member Info for LWHL

Well, if he offers them 165p, and they accept, then what will that do to the balance sheet and debt pile?

I agree they seem to have a good track record of integrating acquisitions, and I am fairly confident that in principle, TTG would be no different in that regard.

But there are a fresh set of risks with every new acquisition. This might end up being the one that does not work out.

And debt matters. It really does. If NR covers the entire cost from his own pocket, at say a rate of 2% annual interest or lower, then I would jump back in here like a shot.

I continue to watch with interest, but it looks like I am not the only one who is sitting on the sidelines/exiting right now.

None of which should be taken as a suggestion to follow suit, but just offering the other side of the coin.

The cup and handle that a couple of us suggested recently, has still not fully completed - but we now have a lovely bull flag (if you look at the five day chart).

If that plays out, then it will see either 105p or 110p, depending on your level of conservative/aggressive mapping.

And WorldQuant increased their short yesterday. Disclosed short interest now 1.38%.

Does anyone have access to the actual total short interest? I use shorttracker, but they only report those at 0.5% and above.

I have taken a small, opening position here. First time in a few years. Hopefully it will be profitable, as previous ones have been.

A falling knife, with one or more big sellers still offloading, by the looks of things, but you have to take the plunge sooner or later!

After the 80p raise and the holdings RNS today, IMO the management are either going to turn things around in the next couple of years, or they will be replaced with some new blood and people who can.

Want to see if it holds the ATL of 48.05p before I consider adding to my position.

But as a fairly high risk punt, based primarily on question marks over the management IMO, it is one I have decided to put a little bit of cash into. Undecided yet if it is going to be a trade or an investment. Will let you know when I do :) GLA.

Good to see this one has finally broken out of that moribund range...but I have nevertheless closed out my final positions here.

And have left some on the table for the next person as an early Xmas present :) GLA.

Options are not the same as hand in pocket purchases. Put simply. Even those granted with ambitious strike prices at the time of issue. I have no idea if his options are subject to a strike price, in any event. But it is not something that bothers me either way, in this case.

It looks like it wants to retest the 50 DMA to my mind.

I also think I see a gap around 57p-ish on the chart (any actual credible chartists here, who can confirm or refute this?)

Anyway, it has had a good run up from the lows. Whether this is a breather before the next leg up, or the start of another leg down, will be clear in a week or two IMO.

My thesis here is unchanged regardless of the SP action, so subject to the obvious stuff, I will likely add a few if we do get another chance around 57p.

But I have never had a successful feel for this one, and I doubt this is going to change now :)

A buttons purchase, but better than nothing, certainly.

Hopefully the first of several inside buys. It would be good to see a far more significant buy from the CEO.

None of which changes my earlier (bullish) comments :) GLA.

And the chart looks beautiful. RSI signalling a bullish uptrend now - and not overbought either, FWIW.

I have amended my final exit price higher.

Will take a few off the table if we see 104p-ish, then some more in the region I first mentioned, but I'm going to keep a few back now, and see what the New Year brings. GLA.

It will be interesting to see the short interest by Monday. Currently 1.28% disclosed, as of yesterday afternoon.

With any luck, they will have increased yesterday, lol :)

Let them bed the US business in first, before looking at a dual listing, or leaving the UK index for the US.

That said, I wonder if the prospect of CARD becoming a target for a US outfit has now increased with this acquisition?

Either way, I am looking forward to seeing how things look when the US opens later today. We might get some profit taking in the next hour or so, but I would be surprised if we did not see another wave up in the afternoon.

101.20p is the next target (200 DMA). Break and hold above that and IMO we will be on for 110p - 115p by Xmas. AIMO & GLA.

I doubt they were meandering along. Deals involve conducting significant dd, legal, compliance and accountancy sign offs, among many other things.

You cannot predict currency costs with any great certainty. If you could, you would be a billionaire PDQ :)

Anyway, I am tentatively positive with this news and the mini trading update. But all that matters is what Mr Market thinks...GLA.

Obviously, everyone is solely responsible for whether they buy, sell or hold any stock.

I just think that some people, especially if they are heavily underwater, forget to periodically review their investment decisions, or choose to close their eyes to certain realities.

I can understand that, because I have probably been guilty of the same myself in the past. And more than once.

You cannot make people see the wood from the trees, and ultimately being a white knight is usually a thankless task, but if some of these posts jolt a few LTH's into taking a fresh look at the investment case here, then hopefully they will not be completely without value.

And look, doing this kind of process might even strengthen the confidence of some stale holders, so it might act as a driver for the bullish case. Who knows?

Naturally I cannot see it myself, but hey, I could be wrong. GLA and I will leave you all to it, until the next company update.

Interesting. Thanks Pears.

Did not get a fill, so sold the trading tranche manually. For a 2.1% net profit, lol.

Got some skin still in the game for the dividend though, and will look to buy those back and perhaps a few more, depending on the price action in the weeks ahead. GLA.

I think I remember reading that 2020 report.

Look at the SP now, versus then. The number of shares in issue now, versus then. The major shareholder list back then, compared to today.

Some of the names in this space have since perished, even those that actually had some support from a big player or two. That had serious inside buyers too, unlike this one.

And the reality is, innovation is all well and good, but money keeps the lights on, the facilities and the scientists paid. Not to mention the BOD remuneration of course.

What successful deals have they achieved, all these years now? A small, non-refundable payment from Juv, who walked away.

And Stalicla, who may not even make that initial payment, let alone anything further. I have never known a situation like this one.

As I said before, if the BOD were really confident that they were managing best in class assets, then they would have put huge amounts of their own money into buying shares here.

If you have watched all the presentations and investor meets over the years, as I have, then it is somewhat challenging to come to a different conclusion, in my view.

But clearly you feel otherwise and that is fine. It is what makes a market, after all and we will likely find out who is right, long before this time next year. GLA.

It can be easier said than done sometimes. Especially when a price goes so much lower than you had anticipated, lol.

That is where your research (and quite frankly a bit of luck) becomes crucial. Even then, it only increases your chances of success IMO. Nothing guarantees it.

Anyway, maybe something to try next time you see a stock that you like. I think it will also depend on how much you are playing with. If you only have a small allocation for stock market stuff, then multiple buys will hurt with all the fees etc.

So in that scenario, simply buying and putting in the bottom draw might be more sensible.

ATB mate.

A break and hold above that 69p-ish level, and I will agree with you about a trend reversal.

We should know, one way or the other, within a week or so, IMO.

But I'm enjoying the journey right now :) GLA.

It is in the range that you would expect, given the macro sentiment.

A dividend around 5% in this climate for this type of equity risk, would not appeal to many.

But 10% or more, as is the case today? That is IMO a very attractive risk to reward ratio, even when you allow for the above.

And hopefully in the years ahead, we will have an improving landscape.

Then we might see a significant improvement in the SP, with plenty of buyers willing to pay much more for this name, even with a dividend that is a lower percentage than at the time of print.

For those of us taking this additional risk today and at these prices, we get to lock in that 10% plus dividend.

Hopefully for many years to come.

All of which is based on the above premise coming to pass. Fingers crossed to that end :) GLA.

Welcome mate. This was one where I laddered in a few times, which enabled me to take some solid capital gains, along with a few dividends along the way.

I would have still been in the red, had I simply bought and held my first few tranches though. 250p-ish rings a bell in my mind for those early purchases. Late 2017, or late 2018 perhaps? Cannot remember now.

Anyway, like I said, not advice and you can run the risk of compounding losses with this strategy, so it is by no means a perfect process.

But it works for me and at the end of the day, we all simply need to find a process that meets our own styles and investment psychology.

I did not fancy this in the 130's earlier this year, so missed out on some decent gains more recently. The market felt differently. You win some, you lose some. GLA.