Latham (james) Share Discussion Threads

[wad collector] 01/10/2021 17:00

Certainly the share price took a hammering today , time will tell if this is a great buying opportunity but I am happy to sit on hands.

[cwa1] 01/10/2021 16:33

Taken a few more at just under 1080p. The 25/8 trading statement looked worthy of more than the current downhill ski slope of a chart. I suppose the caveats must be things like input costs/fuel/shortage of drivers/difficulty in obtaining supplies, etc, etc-but hopefully they're shrewd enough to cope with most of these issues, or at least ameliorate them by passing what they can on to the customers.

As ever, fingers crossed :-)

[alter ego] 31/8/2021 23:01

Good intel. Thanks for sharing.

[rbewes] 31/8/2021 19:44

I bought in by the way.

[rbewes] 31/8/2021 19:43

I happened to come across this share yesterday, I work a couple of days a week at a timber / plywood importer & distributor. Looking at the results for the first 4 months they match. The last 2 months have been stronger than the first 2 months. August has been strong also so you can take it as read that LTHM will have made an additional 4.5 to 5m in August. September orders are also good and forward purchase prices are not falling, the Americans are buying up everything.

I agree I think profits for the year could well be 48 - 50m. Prices may well fall next year but they will never go back to what they were.

[disc0dave45] 25/8/2021 16:26

Reckon could be looking at £48m pre tax for the year. Even if they shut up shop £18.6m pre tax is 75p eps so still only on a PE of 17........unless I'm missing something obvious, this is a no brainer IMO.

[mw8156] 25/8/2021 14:44

so profits for the first 4 months approximate the whole of last year and trading continues strongly. Even supposing margin erosion later in the year the outcome could be conservative eps of ?130-150p this year, which indicates shares not yet fully valued, though this may be an exceptional year.

[nk104] 25/8/2021 14:26

Never fall in love with a share...but LTHM comes close.

[cwa1] 21/7/2021 11:15

Flirting with £12 now. Excellent :-)

[jimboyce] 10/7/2021 09:17

Rated as a buy by Investors Chronicle yesterday.

[davebowler] 24/6/2021 22:24

hTTps://www.thisismoney.co.uk/money/markets/article-9721537/British-timber-supplier-James-Latham-sees-profits-surge.html

[alter ego] 24/6/2021 18:19

Doubt it. Not a particularly high yield.

[wiganer] 24/6/2021 16:02

Will the dividends draw in some nibbles from income funds?

[wiganer] 24/6/2021 08:22

And the pension deficit which was at one point quite material, is now insignificant.

[cwa1] 24/6/2021 07:41

The final dividend itself is increased by a rather stellar 55% :-)

[alter ego] 24/6/2021 07:29

At first glance these look like cracking results. Staff even rewarded with extra holiday and the dividend is up about 30%

[cwa1] 23/6/2021 15:31

Solid performance today. Long may it continue...

[eurofizz] 17/6/2021 13:40

what a bargain, p/e 16, yield 1.53%, cover 4, retaining £9 million profit each year, but for me the best is four family members (Peter, Robert, Nick & Piers) with 16% (SIXTEEN percent) of the shares, i think that's what the yanks call "skin in the game" ?

[melloteam] 23/5/2021 18:29

Just to mention that James Latham LTHM will be one of the companies featured in the Mello Events’ MelloMonday webinar tomorrow at 6pm-9:30pm. There are still tickets and if you would like one at half price then use the code MMTADVFN50.

[wiganer] 11/5/2021 16:51

Blue in a day of carnage, looks promising.

[wiganer] 07/5/2021 15:55

Here we go again.

[wiganer] 06/5/2021 12:44

Now being offered 1027, well above midprice.