Longmead Share Discussion Threads

[moob] 14/9/2008 09:37

Bust. Administrators appointed

[davidosh] 09/5/2008 17:30

Dire results....year after year.

This lot should not be listed in all honesty as the costs far outweigh any advantage of being on the market if ever there was one !

[jasperminka] 29/8/2006 21:44

This is truly a boring stock!

[jasperminka] 03/4/2005 15:10

The trading on the 1 Apr was more than there has been over the last 12 months IN TOTAL! Something fishy going on - perhaps insider info? Most of the trades appear to have been buys (plus one T trade). Not sure why the huge % drop though. Doesn't make much sense to me.

[the vogon] 01/4/2005 16:16

Hmmm is there something we don't know? share price down 25% today :(

The Vogon

[jasperminka] 28/2/2005 14:38

LONDON (AFX) - Longmead Group PLC, which supplies bathroom fixtures and
fittings, reported a trading loss for the year to October 2004, as sales fell
due to delays in deliveries from the Far East.
The group posted a pretax loss before exceptionals of 264,000 stg for the
year to Oct 30 2004, compared with a loss of 256,000 the previous year.
Sales dropped to 2.5 mln stg from 2.6 mln due to delayed deliveries,
cancelled promotions and one customer switching to direct imports. The main
impact of these factors was felt in the second half, when sales fell to 1.1 mln
stg from 1.4 mln in the first six months.
After crediting exceptional items of 317,000 stg, Longmead achieved an
overall full-year pretax profit of 53,000 stg, compared with a loss of 734,000
in 2003.
Deliveries have improved since the year-end, and this, together with a new
range of products, is expected to lead to an increase in sales in the current
year, Longmead said.
"The current year has started quite well and the company is trading
profitably to date," Longmead said.
It also said it plans to raise additional equity through a share placing and is holding talks with potential investors.

[hugepants] 24/2/2005 16:26

Final results out:



Disappointing H2 (full year trading loss of 260K) but still an improved performance year on year on flat revenues. Profitable full year after exceptional profit on property disposal.

Current market cap 0.8M.
NTAV = 1.8M (including 1.2M of property)
Net current assets = 0.93M

Trading profitably since year end.
Cheap given asset backing.

[hugepants] 17/2/2005 13:13

You can currently buy 1.5% of this company (75000 shares!) online with Comdirect at 15p. Im almost tempted.

[hugepants] 11/1/2005 19:24

Large shareholders upping their stakes.

[hugepants] 24/11/2004 14:17

Bought another grands worth on the dip.

[jasperminka] 07/10/2004 14:52

Interesting - thanks. I hold a few, but sold most of my holding in April to release funds for another purchase. It's a very quiet company, and I think are trading at a huge discount to NAV, but over the last 6 months the price has slowly sunk despite absolutely no trading to talk of.

[hugepants] 07/10/2004 03:22

150K trade went through at mid of 14p.

[hugepants] 05/10/2004 10:36

Its an interesting asset play this. There was 1.7M of freehold property before the warehouse sale. That implies there must still be 1.2M of freehold property out of the tangible assets of 1.5M. Current market cap 0.8M. NTAV over 2M. I managed to buy a very few. The share is so illiquid and management own around 45%. No pension problems.

PS. I downloaded the AR from ukdata.com. Cost 20 quid.

[charmer1_23] 05/10/2004 09:05

RNS Number:6787D
Longmead Group PLC
04 October 2004

The Longmead Group plc ("the Company")

Holdings in Company

The Company was notified today of the following share purchases:

Number of Ordinary Percentage of Share
Shares Capital

Sean McCarroll 400,000 7.16%
Marcus Yeoman 200,000 3.58%
Mosaique PLC 200,000 3.58%

4 October 2004




This information is provided by RNS
The company news service from the London Stock Exchange

END
HOLEAKELEELLFFE

[jasperminka] 22/8/2004 21:04

And back to where we started exactly one year ago. It's a funny old world....

[jasperminka] 14/6/2004 23:57

And again. What ARE the MMs playing at? Please someone - inform me....

[jasperminka] 27/5/2004 14:10

I know no one else cares about this stock other than me, but why oh why has there been a large drop on no news and no trades, and then another drop after the inevitable sell? Anyone help...

[jasperminka] 21/4/2004 18:22

Good news, in my opinion, but can anyone explain what the Enterprise
Management Incentives Scheme is? Not aware of it....

Less good news is the large drop that accompanied it, on the back on no trading. Bit confused, I have to say.

[jasperminka] 21/4/2004 18:19

RNS Number:8639X
Longmead Group PLC
21 April 2004



The Longmead Group plc ("the Company")

Directors' Shareholdings

The Longmead Group plc announces that share options, under the Enterprise
Management Incentives Scheme, have been granted on 20 April 2004 to Mr Nigel
Newman (Managing Director) and Mr Mark Toolan (Sales & Marketing Director). They
have each received options on 250,000 ordinary shares in the Company's share
capital at an option price of 15p per share. The options can only be exercised
providing certain profit objectives are achieved over the next three years.

21 April 2004

[farsight] 26/3/2004 17:32

That's where I saw it.

[jasperminka] 27/2/2004 16:21

Cheers bozzy - praise indeed! I agree, and am only surprised hardly anyone's else on ADVFN is into it (even after Wole put it on the Launchpad).

[bozzy_s] 26/2/2004 23:36

For the record, I reckon the results are very good. They have assets approx 3x their market cap, and positive comments on current trading. You'll be blue tomorrow, no doubt in my opinion.

[bozzy_s] 26/2/2004 23:34

Congrats on your holding Jasper, you're a top poster. I should have had more patience from 16.5p! Never mind...