Member Info for LWHL

Not sure that there is sufficient fat to cut here for PE to be interested (although that might not stop them from thinking otherwise). I have pondered in the past whether a buy out might be feasible though. This sector is ripe for consolidation IMO.

If the next update is strong, then that might be the time where such corporate action could happen...but I do not think such a scenario would occur prior to then.

As to what price would tempt the chief shareholders? If the update was middling to OK, then probably not much more than the current year high in my view.

If the update is good and debt is coming down fast, then that would be a different matter. 180-190p perhaps. I do not think much higher than that, given the macros etc. But I probably will not still be a holder here at that point, so my comment is not meant as a ramp :)

The short interest is not significant and we have had another go at the 50 DMA today.

IMO we will break above it soon, and then go on a run up to that quid level.

Not looking beyond that short term target at this stage and of course it might not happen. GLA.

Let's break 63.50 first, but so far, so good and a nice start to the week...GLA.

What is his potential stop loss on this name?

Some chatter over on the TTG platform seems to suggest that 160p-170p is perhaps around the price where a deal with VLX would be enough to get it over the line.

No idea of how reliable that opinion is in real terms, but if NR was willing to go that high, then it will be interesting to see how the market reacts.

I have made my own opinions on the topic clear already, of course, but am curious as to how holders here would feel if a deal in that range were to be tendered?

Thanks for sharing. But as others have mentioned, unless you get a partner to fund it, then you will have to sell it. Assuming it has any commercial value whatsoever in the first place.

And so far the company has not sold anything! Not even the 'shovel ready' Dundas, or a JV, even after all these years in what is/was apparently the most advanced of their assets.

Anyway, good weekend all and good luck.

Came back to a partial fill at 230p. Will look to add further on Monday, subject to the obvious stuff. Good weekend all.

Thanks. I will have a read of that over the weekend.

Agree I would rather not see further acquisitions at this time. Spend cash wisely (which includes paying out the big divvie) and get through what is likely to be a challenging 2025.

As long as they do not do anything (that I deem) stupid, then I am here for the duration.

One of very few stocks that I hold in that category.

Given my success rates of LTH picks versus trades...it would be nice for this one to buck my trend :)

Good to have you on board, Mary.

Yeah, the latest media story the other day (which some poster said 'sorry for holders' the day before the markets opened) did not lead to a SP drop.

IMO, that was the day it was going to, but it did not and my new buy orders back then did not fill.

If we can close above the 50 DMA today and on Monday, then I think we are going to have a run up to mid 60's next week.

Not looking further ahead than that, nor taking anything for granted of course! GLA.

Let's have some of your midas touch here again, Mary!

Well done on that insurance name the other day by the way.

It was a fair point made at the time, but has now been answered positively.

Hopefully a few more insiders will put hands in their pockets as well, but even if they do not, I am satisfied with the CEO doing so.

Got a few more buy orders in the pipes, but the five day chart is starting to look good, so I may not get to add further at those prices. Which will be fine.

Bit of resistance at 240p, but then not much to 250p that I can see. Not that it matters, as my trading ones are targeting a higher price, as I mentioned the other day.

But for anyone looking for a quick turn, that might be a range to consider. AIMO and GLA.

Solid inside buy. Might add a few to the investment basket now, rather than just for trading. GLA.

I know my way around a balance sheet, having founded and run various businesses over the years, but for the more complex stuff, especially international, tended to rely/outsource to professionals in accountancy, tax and law.

It is much harder when you are an outsider (eg stock market investor stuff), because you are....well, outside of the actual business. And so often you see opaque material within the financial statements, which you can sometimes read between the lines on/understand, but other times, you are essentially left to guesstimate on. Which is a risk in itself.

But is it enjoyable. A challenge (for me anyway) and harder in many ways than actually launching and building a business, due to the limited control you actually have.

But I love it nevertheless :)

I do not think you will end up with egg on your face, either here or those other names you are in. You seem to have a solid grip on this stuff, with a sound financial position by the sounds of things. And a reliable income stream from your IT work, which is good. Important to have multiple income streams IMO.

Anyway, time to open another bottle of red. Good evening all and see what tomorrow brings.

Fair enough, but I was not referring to indices, only individual stocks.

And the number of people who have been successful with a small, individual stock HODL policy, is extremely small.

Perhaps you are one of them. I am not.

Fortunately, I too did fairly well in business, which has afforded me the opportunity to try and become good at this stuff. Which I freely admit is very much a work in progress. But work that I nevertheless do not actually have to do.

It sounds like I am about 10 years older than you. IMO though, you never actually retire. You just find other things to do with your time. Nice to have the option though.

Yes indeed. To all of your recent posts. Which led me to the conclusions that I alluded to, in my post back when I shared that I had sold out here.

Do you think that SOH has ever given the impression over the years of someone who takes kindly to being stood up to?

I think the company needs a new CEO quite frankly, but I do not see that happening.

If he ever delivers some serious and consistent revenue and profit, then I will happily stand corrected.

Then you only have to worry about whether or not he will actually reward shareholders, rather than just himself.

But I openly acknowledge my own bias here, and I could be wrong. GLA.

I agree. The lack of a bounce is mildly troubling, but the lack of reduced TR-1's is somewhat positive at the same time.

It does not appear that any of the big boys are bailing out of here, although equally, no signs of buying either, so somewhat in the dark right now.

But on technicals and fundamentals, I am fairly relaxed right now. Famous last words :)

I would take a quid right now, but assume that the key shareholders would not settle for that kind of number.

This is one of my few buy and hold stocks...but I should have trusted the charts and sliced a few in the early 80's.

I thought we would have another test of that high and then depending on that outcome, would have taken a view. Or would have at least sliced a few then. Which is my normal modus operandi. Silly me.

Moral of the story: stick consistently with whatever process you have, lol!

Anyway, not going to see 80's again for a while IMO, so looking for proof that the BOD has this in hand.

As per my earlier post, I can live with this being a dividend trap for the medium term, as long as they can pay me a decent return for my patience.

I do like your politically incorrect writing style and your content, Wiscos :)

As to trading around the fringes of a core holding, or simply trading: I could not agree more.

Buy and hold, for the most part, is simply a higher risk proposition these days IMO.

Those days may return, but for now and certainly speaking for myself anyway, the actual returns/outcomes between those two styles have been really quite illuminating.

If we see 220p before ex div, subject to nothing new and company specific, then so will I.

FWIW, I do not expect either of us to get those buys. Not long to find out though.