Thanks everyone for your contributions, and Londoner in particular for a lot of detailed work.
This has been a core holding for me for 10 years, for all the well documented reasons. I've never contemplated selling - until now.
My gut feel is that competition and margin pressure are telling, and I have a feeling the internet will play its part. Are more acquisitions likely to accrue the same benefits they have done in the past? The introduction of a "basics" crematorium… Read More
Hi londoner7, yes everyone to their own, some will love it, some will hate it and see as impersonal. They will also have a large mark-up, as these companies have very small overheads and could if they want run the business from there garage. But the fact remains, funerals are now quite expensive, and many don't plan for this eventuality even if its advertised on TV every night. So if your from a deprived area, this may be the only option for you. They have also priced themselves at roughly the… Read More
The Guardian piece below covers it well. It seem like a good move targeting a market that they would otherwise not get and able to use their facilities crematorium, vehicles etc outside normal hours so additional costs are the variable costs of labour. The downbeat commentary overshadowed some good numbers, particulary margins in the final quarter and crematorium margins in particular had a boost, although they were… Read More
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.