Member Info for LWHL

It is not a question of whether or not the state pension will still be there in 15-20 years time (because it won't. At least not for those who are deemed wealthy enough, by the government of the time). It is a question of whether or not the entire financial system as we know it today will still be standing, IMO.

No easy path to recovery now, but the least worst option would be to do whatever it takes to get public spending below 10% of GDP. Certainly no higher than 15% once the finances are in better shape thereafter.

This would of course require an entire overhaul of the establishment and those supranational organisations that control the game and all the expensive grifts, such as net zero. The beneficiaries of the various debt bubbles that have continued apace for some years now.

None of which has even happened in those countries cited by Stupmy, where revolutions have occurred for less, in history.

Naturally, none of my comments are an intention towards inciting anything, just an observation in the abstract.

Anyone who has not yet read William R-M's book The Sovereign Individual, may find it interesting.

It will be fine for working people apparently...so bad news for politicians, who do not fit the definition of a working person in the mind of ordinary people. Same for a large percentage of the pen pushing public sector workers.

Socialism really is repulsive. I strongly dislike the fact the Tories became so useless that we ended up getting lumbered with the current economically illiterate clowns. Hey ho.

Well, hopefully that triple bottom will finally arrest the slide in the SP.

It probably will not, given I have added a few more today, lol.

110p - 112p will do me (a slight reduction on my initial target). Will nevertheless represent a solid amount of profit - if it comes to pass. GLA.

Small pull back in gold and silver. Nothing to worry about, IMO.

Maybe a bit of a belated sympathy retrace on NEM results too. Even though it is irrelevant to this name.

Not adding more, but not a seller either. GLA.

Against my better judgement, I took a few more.

Still a very small position, and will serve me right if this is a fake out, lol...but we seem to have a rise in the number of extreme bear comments, which often acts as a useful indicator.

Definitely sitting tight now until the update. GLA.

Good post. No change to disclosed short level interest at the time of print. GLA.

Oh, they will do something daft alright: they will continue to run up the deficit, like a junkie's promise for the next fix.

Just like the blue wing of the establishment party did before them.

Gut feeling is that they will row back on some of these more daft feelers that they have put out.

Because they will have seen the reaction. They care about ratings (conviction politics is so last century, don't ya know) and after the WFA bombshell, I am not sure they will have the stomach to risk much more unpopularity, so soon into their first administration. Especially as the WFA policy was not the only thing that they messed up the optics on.

Joe Bloggs will not care about policies that do not affect him directly, like CGT or corporation tax, or employer NI hikes...until said policies result in significant job cuts in the real economy. Which has already been shrinking for a few years now.

And we do not have sufficient natural resources to export to plug this gap (and continue to bloat the already bloated public sector) like e.g. Australia could possibly do.

So, I think the Budget might be less of a disaster than the markets are currently pricing in. Including the gambling sector.

I mean, it will be stupid, party before country, short-termism, but the can will be kicked down the road further overall, IMO.

Different for foreign investors though, I think. As are the thresholds for reporting.

But for the purposes of this name, yeah, pretty much anytime now, if applicable.

No change in shorts as of last night, but again, that might also change in a few hours time.

Very generous of you to share your wisdom - and only your first post too!

I am sure everyone here is humbled that you ordained to join us...

True. Never a dull moment in these times where central bank and political interference (spanning years now) increases the degree of volatility. Which is useful for trading at least, even if unhealthy from a wider viewpoint.

I would be surprised if they removed IHT thresholds. In fact I am 99% sure that will not happen.

Might freeze them, or increase the percentage of tax on estates above a certain number that the politicians think will gain widespread support among the masses. Which will only hit the middle classes (especially normal people in the SE for example, not the real wealth).

Good luck to them if they think they are going to be able to access the real money. Which is tied up in offshore trusts and the like.

CGT hikes will not have the impact that they are hoping they will, but I do not expect them to acknowledge this, even when it is proven. Let us revisit this comment in 12-18 months.

But hey, they might introduce swinging tax cuts and a 40% cut to public spending. I have a dream...lol. GLA.

Hopefully not much! Forward guidance is the crucial thing, naturally.

Some further chunky inside buys too, when the window is open again then, would be welcome, too.

IMO, the uncertainty here is whether or not this remains a growth stock. But on certain fundamentals, this is starting to look reasonable value, if you price it as you would a mature, lower growth play.

And cheap, if forward guidance shows they are still a high growth play.

Totally different to the technicals of course, which Stupmy in particular has covered in detail, to my mind.

And we have the unknown of the Budget, which I simply do not have the intelligence to try and price into any stocks, be it this one or others. So I am not even going to try :)

I would rather they had already been released, but better a day before, rather than on the day itself.

Or even a few days after, depending on what the red syndicate pronounces on the day, of course.

As long as the BOD are both within guidance, and can demonstrate positive momentum in their forward statement, then I like the risk/reward at these prices and that of my book mark purchase, which was lowish 400's, from memory.

Which I will either add to, depending on the above, or take the small loss on (even if maybe in big percentage terms), if the SP action of late is the result of AIM prescience. If you catch my drift. GLA.

Liz Truss was a fool. A budget with tax cuts and higher borrowing plans was the stuff of someone unsuited to making important decisions. Even if we had a surplus at the time, it would have been bad policy. And we were/are a million miles off a healthy national balance sheet.

The bond market is the smart money, and they do not tend to suffer fools gladly. As was shown very quickly at that time.

Had she and KK announced public sector spending cuts to match those tax cuts, then the bond market would have been absolutely fine, as would the stock market.

I expect similar fiscal illiteracy from the current bunch. Will be interesting to see if they also row back on some policies if they displease the smart money once again.

But I suppose we should give them the chance to prove otherwise. Not long to wait now.

Yeah...if they list anything on the Malawi Stock Exchange, I am gone.

Irrespective of the recycling and processing business.

Likewise if they try to develop the mine themselves. Outright sale, or JV with a free carry. Anything else would be IMO madness. And increase the risk of the whole business going pop, by a big percentage, IMO.

Goodness me.

I have a core holding in an oil stock, but actually think I am going to be able to add more at a decent discount to the price today within a few weeks, or months.

What has the Newmont miss got to do with FRES? It might make sense if FRES was due their update shortly, but we have just had it, so of no significance in terms of fundamentals.

IMO, this is going higher in the weeks ahead, but time will tell and regardless, a profit is a profit, so well done on your trade here, Bonker.

It could be, to a point, although that would not explain the drop in SP.

These things tend to be pretty orderly, for obvious reasons.

Anyway, it will become clear, sooner or later. GLA.

Extraordinary volume today. If we do not get an RNS in the next few days showing at least one II reduction, or a notable increase in short position(s), then I will be speechless.

This being AIM (albeit not one of the micro caps), I am always a little suspicious with this type of price action, but hopefully this is not going to be one of 'those' examples.

It is a shame that we still have a few trading days before the update, but the BOD should by now have given the market notification if they were going to be outside of guidance, so benefit of the doubt, for the time being.

I am going to add a few more as punt money, if we see the 350's as Stupmy called a while ago, if it hits pre-news and pre-update.

Well, in the past, it was uncanny how often outsized moves seemed to precede material news that followed a day, or a few days, later.

If you look far enough back on the comments here, and the SP action on the chart, you will see what I mean.

But maybe this time will be different? And either way, I am sure it was just random coincidence all those times.

The trend for silver is unchanged. See where we are in a few weeks, or sooner, IMO.

No it is not. Just buy some at this price, if you want to, and stop being cheap, lol :)