Brickability Share Discussion Threads

[mfhmfh] 13/10/2020 19:10

some chunky buys today

[tole] 24/9/2020 11:53

Good to see the price up as the stock went ex-dividend today too.The Board proposed a final dividend of 1.085p per share giving a total dividend for the year of 1.9528p. This final dividend is expected to be paid on 23 October 2020 to shareholders on the register on 25 September 2020 with an ex-dividend date of 24th September 2020

[mfhmfh] 24/9/2020 09:17

Looking forward to interim results which should be in late November (was on 25th last year).

from the final results:

'...there has been a significant improvement in each month since with EBITDA in both June and July being ahead of the corresponding months in 2019. Current trading remains encouraging with turnover in July 2020 1.6% ahead of July 2019'.

Also:

'Progressing a healthy pipeline opportunities'.

Andrew John Wilson, a PDMR, purchased 217,361 Ordinary Shares at a price of 46 pence per share on 24th April.

[tole] 23/9/2020 15:50

A few quite sizeable trades being printed from earlier. Hoping these clearing trades should pave the way to a more concerted move higher.

[2magpies] 17/9/2020 10:55

Tole

thanks for that.

[tole] 17/9/2020 09:42

Sorry forgot to post the link with the quote. https://www.ii.co.uk/analysis-commentary/results-building-sector-are-litmus-test-recovery-ii513493You can also view the cenkos note on their website. Worth a read.

[mfhmfh] 17/9/2020 08:37

positive quote from BREE today which should reflect well on BRCK:

'We continue to be reassured by the Government's restated commitment to investment in the UK's infrastructure and by encouraging demand from the UK housing market...

[2magpies] 17/9/2020 08:17

Tole

where is this quote from?

[tole] 16/9/2020 21:19

Brickability paid a maiden final dividend of 1.085p after the Bracknell-based company saw a significant improvement in trading since May, with underlying earnings in June and July ahead of the same months a year earlier. It added that the fundamentals for new build homes remained robust.Chairman John Richards said: "While the outlook is of course pandemic dependent, our core market looks strong and this is reflected in current trading levels."We believe that the group is well placed to serve that market and this effort will be reinforced by further organic and acquisition-based growth."The shares are still over 40% below their post-IPO high of 76p, but analysts at Cenkos said the valuation looked too cheap to ignore, especially versus the company's peers.

[alter ego] 16/9/2020 09:19

Nice dividend too

[tole] 16/9/2020 09:02

All looked and read extremely positive to me, hence I've added to my main holding this morning.FIRM POSTS STRONG RESULTS FOR FIRST YEAR AS LISTED COMPANY 16 Sep 2020 Wales Business Laurence KilgannonFirm posts strong results for first year as listed companyA South Wales building materials group has reported a strong performance for its first year as a listed company.Brickability Group, which floated in August last year, said its results in line with market expectations at IPODespite challenges associated with Covid-19, Brexit and poor weather, the group achieved revenue £187m in the year ended 31 March 2020, up from £163m, with adjusted EBITDA rising from £17.7m to £19.5m.Profit before taxation increased by £3.6m to £12.2m.The company acquired seven new businesses during the year and said its acquisition pipeline continued to be in a very healthy position.Advanced preparations have also been put in place for business continuity post EU withdrawal.Chairman John Richards said: "I am delighted with our results in our first year as a public company. "Our market and our economy have clearly had challenges, however, the growing strength of the group along with our flexible cost base has enabled us to be in line with expectations."While the outlook is of course pandemic dependent, our core market looks strong and this is reflected in current trading levels."We believe that the group is well placed to serve that market and this effort will be reinforced by further organic and acquisition based growth."

[spongey] 16/9/2020 08:27

I'm surprised the jump is only 6.9%. I thought it was a very positive result too. Hopefully will climb higher in next few days .

[mr euro] 16/9/2020 07:19

Very pleased with the results (at a glance). Given the discount to the IPO, the results and outlook these should appreciate nicely over the coming months.

[mr euro] 11/9/2020 09:19

Those vanishing h's can make all the difference :)

[alter ego] 10/9/2020 16:13

Is it wise buying shares in a trance let alone two? :-))

[mr euro] 10/9/2020 14:55

Bought some today in a couple of trances. I got a price lower than mid in both cases, advfn had them as sells. Might be an overhang somewhere. Happy with this story and will stick them away for a while.

[spongey] 10/9/2020 12:04

Good result from Forterra today - up 13%. Should be a good reflection FOR BRCK. Let's see.

[tole] 04/9/2020 08:38

Good news on the final dividend.

[2vdm] 04/9/2020 08:10

Very encouraging.

[alter ego] 04/9/2020 08:00

"Although the business closed at the start of lock-down, the Group saw strong trading in the year ended 31 March 2020 and trading has also been encouraging following the 'lock-down' period. The Directors consider it appropriate to continue to pay a final dividend....."

[scepticalinvestor] 28/8/2020 09:28

werent they supposed to update the market in ^late August^?

[scepticalinvestor] 26/8/2020 09:15

could be worth a small investment - good eps, decent turnaround.the question is, will it continue?

[mfhmfh] 04/8/2020 10:29

I agree, positive RNS today IMHO.

looking forward to the full year results later this month.