Latham (james) Share Discussion Threads

[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.

[cwa1] 21/4/2017 07:41

2003 David? Wow that's quite a long time! I must have had them a bit longer than that then, as I recall discussing them with you before you had bought in. FWIW I'm still a holder in reasonable size-and of course the size is helped tremendously by the growth in the share price A bit like the posters above-not much to say about them as long as the company keeps doing the business and the share price is moving in the right direction....

[alter ego] 21/4/2017 07:18

Likewise. I've held since 2010 when David posted something on the Fool about the value of the Clapton site IIRC. LTHM has done very well for me, no dramas, no suspect accounting, just a straightforward, easy to understand business run by people who know their trade.
BTW, thank you David for flagging up this execellent investment.

[wjccghcc] 21/4/2017 00:03

Not just you David. Got quite a large holding but never really had much to say about them. Management keep doing what they're good at in a very quiet way.

[davidosh] 20/4/2017 19:11

I cannot believe there is only hvs and me in this excellent family run company. I first bought in 2003 and it has at least ten bagged for me so there must be others who have done well and continue to do so. Do any of you use their depots ?

[hvs] 20/4/2017 12:36

Come on MY SON

[hvs] 19/4/2017 13:29

U is a STAR.

Up and away

[hvs] 12/4/2017 10:58

Soon be hitting new highs.

[hvs] 06/3/2017 13:39

Hit yourself with a plank of wood from Lathams I say.

[hvs] 24/2/2017 15:46

Its still going .

[diku] 21/2/2017 14:01

Give me my bonus!...you got your bonus!...

[hvs] 21/2/2017 14:00

Very very nicee