Latham (james) Share Discussion Threads

[hvs] 07/11/2006 18:58

Its broken out now.

[ntv] 07/11/2006 18:47

nice tick up today

[brad1] 07/11/2006 11:36

Cant see why 100% gain cant be acheived especially with such a low PE. Would like to see some significant reduction in debt as opposed to increase in dividend as this will provide greater benefits in the long term.

[wiganer] 31/10/2006 12:18

Another tick-up- testing the 200p again.

[hvs] 29/10/2006 14:11

Good for you.

Think 50% upside over 24 months.

[wiganer] 29/10/2006 13:52

I agree, and bought a shedload last week. I think PIs/Tutes have been put off buying because it's not easy to disentangle the ongoing business position from the businesses sold off. Pitch in the pension deficit and you can see how the simple minded (which includes almost all institutions) wouldn't bother doing the bit of thinking neede to work out that this is a stonking bargain.
Which is great- such pricing anomalies are the best way for PIs to read money (c.g. Peter Lynch, One up on Wall Street).

[hvs] 29/10/2006 12:55

No problem there.

Bucket load of assets and very strong cash flow.

This share is cheap as CHIPs.

better than Perkins or James halstead.

[wiganer] 29/10/2006 12:09

As soon as the pension fund deficit is cleared?

[poacher45] 29/10/2006 12:03

This is just my personal view but I think Latham will be taken private.

[wiganer] 26/10/2006 11:27

Btw, my trade hasn't shown yet- suspect there will be other delayed buys coming through.

[wiganer] 26/10/2006 11:25

200p to buy now.

[wiganer] 26/10/2006 10:33

Even better after the trading statement- am in for the first time at 198p after watching for nearly 18 months. Bought 5 times as much as I normally risk on one company. Am that confident; chart looks awesome.

[hvs] 24/9/2006 10:54

Looks like we will cross £ 2.00 here soon. The chart looks very very good.

[hvs] 28/6/2006 06:44

Good for you.

Expect bumper results and a rerating here.

[ntv] 28/6/2006 00:03

bought a few more today

[ntv] 20/6/2006 09:34

bought a few recently

[somtam] 05/5/2006 15:15

probably some humble profit taking.....not a big deal.Doesnt take much volume to move this stock one way or the other

[jlwilliams] 28/4/2006 12:51

Anybody know why the drop?

[hvs] 17/4/2006 12:28

Its just the beginning.

This stock is going to fly.

[cwa1] 12/4/2006 13:25

Nice to see Chairman buying a small amount of stock through the market. Reasonable vote of confidence.

[hvs] 05/4/2006 22:01

Still time to buy.

[hvs] 04/4/2006 08:10

They have got a very good price for assets that were not very profitable.

Well done management

The Directors of James Latham plc are pleased to announce the sale of Nevill
Long Limited, its suspended ceilings, dry lining and partition systems
distribution business, to Wolseley UK Limited.


The cash consideration is #10.32m with an adjustment on agreement of the
Completion Accounts. The net assets of Nevill Long at 30th September 2005 were
#3.5m and sales for the half year totalled #12.8m.


The reason for the sale is that Nevill Long is not core to the Group's timber
businesses and the Directors believe Wolseley, with their resources, will
establish Nevill Long as a major player in the interior building products
market. The proceeds of the sale will be used to strengthen and develop James
Latham's timber business.


Although trading conditions for timber in the current year have become more
challenging, results to 31st March 2006 are likely to meet market expectations.



RJ Latham
Chairman

[hvs] 28/2/2006 18:33

Agree,

Yhe potential is there and over the next 3 years we can see a 50% rise in MHO

[somtam] 28/2/2006 18:11

Depends on your investment outlook.Shares never rise in a straight line after all.These are very much long term hold shares.