Latham (james) Share Discussion Threads

[mw8156] 22/11/2017 17:16

results due shortly,
relieved that there is no IHT change in the budget which might seriously have destabilised companies like Latham.

[hvs] 16/11/2017 13:38

Is it BLUE again today ????

[hvs] 15/11/2017 13:15

And climbing

[hvs] 15/11/2017 08:36

Nice BLUE YET again.

[hvs] 14/11/2017 16:29

Does u take sugar with your filter ?

[alter ego] 14/11/2017 15:23

still filtered

[hvs] 14/11/2017 15:14

lol !!!!!

Looks like his ego has got the better of him.

Any news from the bank manager ?

[alter ego] 13/11/2017 16:22

I have HVS filtered as he has nothing of value to say, except to himself.

[hvs] 13/11/2017 16:10

Ask your Bank Manager.

[ed 123] 13/11/2017 13:42

No, I didn't notice.

Go on then, tell me how much cash they generate.

[hvs] 13/11/2017 13:23

No worries.

Just watch it keep going up up up and away.

Did you notice the amount of CASH THEY GENERATE ?????

[mw8156] 18/10/2017 11:35

hvs

may be that volumes were not up 6% at the AGM statement 2 months ago. On reflection, turnover was up 6% in the first few months of the new financial year but this may have had more to do with price rises to accommodate costs of timber imports in euros and dollars than volumes which might even have declined or only been steady. In any event margins may have suffered slightly in relation to the same period one year ago because of sterling's fall.

[hvs] 17/10/2017 16:26

volumes are +6% margins are about the same as the second half of last year's ie being squeezed a bit in comparison with the first half of last year.

Is u being squeezed

Enjoy

[hvs] 13/9/2017 10:49

Come on my son.

[mw8156] 23/8/2017 14:27

Judging by the AGM statement, volumes are +6% margins are about the same as the second half of last year's ie being squeezed a bit in comparison with the first half of last year.

[hvs] 23/8/2017 09:35

Will be very good . Pity u is not going.

[ed 123] 23/6/2017 11:34

Anyone going to the agm?

[hvs] 23/6/2017 08:36

Very very nice.

Thank you. James Latham

[hvs] 22/6/2017 10:12

Nice one.

Very good set of results and more to come.

[mw8156] 26/4/2017 16:14

to be precise it looks as though the defined benefit scheme is one of the last still open, which makes the company good to work for and aids staff retention and recuitment no doubt, the company has about 350 employees, the assets of the scheme were about 50m and the liabilities about 60m in the last annual accounts; there is extreme sensitivity to interest rates.

[mw8156] 26/4/2017 16:03

well, hvs it's true; the actuarial pension liability is may be 14m or more;I'm not sure if they still operate a final salary pension scheme; it might decline if interests rates rise and is more than the profit from the Clapham sale years ago; just something to bear in mind in a cyclical co like this even if you are a long-term holder for IHT reasons such as family and myself...

[hvs] 26/4/2017 13:56

wever, they always have had a large pension liability that would have swallowed the Clapham proceeds quite easily?

lol !!!! lol !!!!!!!!

Go on my son

[mw8156] 21/4/2017 10:27

However, they always have had a large pension liability that would have swallowed the Clapham proceeds quite easily?

[cwa1] 21/4/2017 08:15

I remember it well. The good old days :-)

[davidosh] 21/4/2017 07:59

I think this was my first post on TMF about the company...



That was all linked to the very significant uplift I expected due to the development of their Clapham site. So anyone buying then got in with the market cap at just £23m and with freeholds and developable land worth substantially in excess of that.