15 February 2018
By Maynard Paton
Today I’m re-starting my hunt for Watch List shares with a look at James Latham (LTHM).
Here are the initial attractions that prompted this research:
* Owner-friendly management: The Latham family has £75m-plus riding on the share price and appear to run the business in a sensible (and LTIP-free) manner.
* Respectable track record: Recent decades of the group’s 261-year history have witnessed average dividend growth of approximately 10% a year.
* Asset-rich accounts: The books boast a sizeable cash position, freehold assets and a share count that has not changed since at least 1994.
As usual, I’m applying a question-and-answer template to help me pinpoint companies that match the criteria set out in How I Invest. I’m looking for as many Yes answers as possible.
