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Share Name Share Symbol Market Type Share ISIN Share Description
Forterra Plc LSE:FORT London Ordinary Share GB00BYYW3C20 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  6.50 2.95% 226.50 418,716 12:35:38
Bid Price Offer Price High Price Low Price Open Price
224.50 226.50 232.00 219.00 223.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 380.00 58.20 23.80 9.5 454
Last Trade Time Trade Type Trade Size Trade Price Currency
12:38:18 O 217 226.3917 GBX

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Date Time Title Posts
08/4/202021:55UK Housing Shortage133
01/11/201807:14Forterra (FORT) One to Watch on Monday 4

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Forterra (FORT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:38:20226.39217491.27O
11:35:41226.03109246.37O
11:35:38226.5012.27AT
11:35:27228.7415,00034,311.00O
11:35:27226.507801,766.70AT
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Forterra (FORT) Top Chat Posts

DateSubject
09/4/2020
09:20
Forterra Daily Update: Forterra Plc is listed in the Industrial Engineering sector of the London Stock Exchange with ticker FORT. The last closing price for Forterra was 220p.
Forterra Plc has a 4 week average price of 157.40p and a 12 week average price of 157.40p.
The 1 year high share price is 376p while the 1 year low share price is currently 157.40p.
There are currently 200,442,068 shares in issue and the average daily traded volume is 924,371 shares. The market capitalisation of Forterra Plc is £454,001,284.02.
23/3/2020
14:18
thrumptasious: Hi Edmund - If it helps there has been an internal memo issued within the company that states that production will be reduced. I only mention or highlight facts in my posts. I think the share price hasn't quite bottomed out as yet but agree with you that there will be a big pick up later in the Year.
20/3/2020
12:32
edmundshaw: Thrumptasious something of a perma-bear here for 6 months. Only stock on which he comments. He also made allegations about Forterra last year but nothing the company has said since bears them out. I'd be very wary of this poster's comments... UK Housing Shortage - Post 115 FORT Forterra Plc Author: Thrumptasious Posted on: 20 Mar 2020 12:00 Thrumptasious NPP62 - I suspect that there will be an announcement soon as Forterra like to keep the city informed. All starts week commencing 30 March. Trade UK Housing Shortage - Post 112 FORT Forterra Plc Author: Thrumptasious Posted on: 19 Mar 2020 15:05 Thrumptasious The construction industry is going to be hit hard over the next few months - It is rumoured that Forterra are closing all of their manufacturing UK Housing Shortage - Post 88 FORT Forterra Plc Author: Thrumptasious Posted on: 06 Feb 2020 07:19 Thrumptasious Thanks D - I 100% agree with you that the share price has been good over the last 6 months - Nothing personal on my part other than seeing what was UK Housing Shortage - Post 86 FORT Forterra Plc Author: Thrumptasious Posted on: 04 Feb 2020 13:32 Thrumptasious Some Key personnel are leaving the Forterra Bespoke business - I am of the opinion that purchasing the Bison business was a BIG mistake on Forterra's UK Housing Shortage - Post 85 FORT Forterra Plc Author: Thrumptasious Posted on: 23 Jan 2020 00:41 Thrumptasious Forterra masonry business is going through an extremely difficult time, mainly driven by poor outputs which in turn is affecting their ability to UK Housing Shortage - Post 76 FORT Forterra Plc Author: Thrumptasious Posted on: 22 Oct 2019 07:55 Thrumptasious The trading update is disappointing considering most other precast businesses are thriving at the moment in part due to Bison Precast inability to UK Housing Shortage - Post 71 FORT Forterra Plc Author: Thrumptasious Posted on: 12 Aug 2019 18:01 Thrumptasious Hi Damanko - I sold a large number of Sirius Minerals shares a day before the shares plummeted to single figures (I got caught out earlier this Year). UK Housing Shortage - Post 69 FORT Forterra Plc Author: Thrumptasious Posted on: 09 Aug 2019 21:24 Thrumptasious e UK Housing Shortage - Post 68 FORT Forterra Plc Author: Thrumptasious Posted on: 09 Aug 2019 21:24 Thrumptasious I personally don't think Forterra will hold onto their Precast business in the long term. Their CEO (Harrison) stated shortly after the Bison UK Housing Shortage - Post 66 FORT Forterra Plc Author: Thrumptasious Posted on: 04 Aug 2019 16:06 Thrumptasious Thanks Husbod - Forterra are in he process of making redundancies within their Precast bespoke business (Bison), they are clearly looking at cutting
12/2/2020
12:14
bogdan branislov: npp62 - my biggest and most consistent mistake over the years has been taking profits too soon. In c2013, I identified Dart group as the most undervalued stock in the UK, correctly so. Dart was an odd mix of airline operator, travel agent and road haulier. Low single figure PE, consistent annual growth of c15% or more, the crucial balance sheet equity, i.e. shareholder funds grew strongly each year, cash pile was about 85% of market cap I recall, albeit some cash related to forward bookings, i.e. services not yet provided, so adjusting for that the cash was c50% or market cap - compelling. I bought in heavily at around 70p and sold less than a year later having made just over 150% gains. Nice gains, but what happened after I sold is part of the history of this long slow bull market. I should have top sliced, maybe only a third on double bagging and another third on triple bagging. I also bought Barratt heavily for c£1 in 2010 and sold for around £2, early in 2013. Again I should have top sliced each time the stock bagged. You might think that with 14x gains I am constantly raking in profits. Not so, gains seem to come in a rush, most of the time my holdings shunt sideways or drifting downwards. 2010 to 2012 was a particularly poor spell, as was early 2017 until the end of the summer of 2019. If my holdings are building up their balance sheet equity are well run and have solid easy to understand plausible prospects, then I am content regardless of what the share price does in the short term, if the company is building up its equity has good prospects and is cheaply priced then the share price will take care of itself in time.
11/2/2020
23:11
bogdan branislov: NPP62 - not trading is the key. I rarely hold for less than a year, often a couple of years or more. You must be doing something correct if you hold Fort. Fort is currently on a PE of 12.5. The combination of higher prices for bricks and more output could well mean a PE of 7 or 8 at this share price in a couple of years. Of course the share price will likely rise before then, but as earnings increase, if the PE rises to nearer 20 in a couple of years, based on the higher earnings we could have nearly double bagged by then. The point being that it is important not to take profits when we see, say, 50% gains here, or at the first sign of a pull back. The price will likely gain some, pull back some, gains some more and so on. Stick with it so long as there is value on offer, we should do very nicely here with patience. In investing, being right alone is never enough, you need the capacity both to be right and to sit tight, not common to find both capacities in the same person.
11/2/2020
20:37
bogdan branislov: I am a Forterra shareholder, multiple six figure. I have been following discussions here. Whenever anyone posts negatively it is usually because they are either shorting, not the case here, shorting Forterra would be insane, or an individual is trying to convince themselves that they are doing the right thing. I invest full time, my annual average returns are over 27% pa compounding since May 2009, almost 14x increase based on share price growth and divis alone. There are others in the UK with better records no doubt, but if if my performance was a golf handicap, then I would play off a minus figure. Enough about me, on to Forterra. Fort has suffered a little over the past 3 and a bit years, like many in the construction and construction materials sector. Better times now lie ahead, but watch out for the conventional land holding large house builders. They have a poor record at judging cycles and are misjudging this housing cycle which could run another decade. Their land holdings are not large enough, in most cases, once house prices in the North catch up a little, happening now, house prices won't increase much more, but land prices will. As the large builders pile in for land together the price of land will accelerate, eroding builders margins beneath them, even as their outputs continue to grow - not a problem for Fort though. Not all parts of Fort's business are firing on all cyclinders, but, brick prices are going to increase. UK brick supply is finite and yes, bricks can be brought in from Holland, but bricks don't travel well as they are physically heavy for their price, the transport price is proportionately high, once volumes from Holland begin to increase, Fort and the other UK brick makers will raise their prices. Add to that the new production facility and the outlook s strong for Fort. One of the things that has served me well as an investor is examining the balance sheet equity of a company during challenging phases, or if bump or two in the road appears. Fort's shareholder funds, also known as balance sheet equity, also known as net assets, have grown strongly every year. This company has great underlying strength, no doubt about that. The PE ratio is about half the average for the mid cap index, Fort is soon to enter the mid cap index and yet it is a far stronger business than the average mid cap, at half the average earnings ratio, how remarkable is that. Earnings growth is over prioritised. I am not saying that growth does not matter, it does, but earnings growth is less than half the story, balance sheet equity growth is more important as it reflects the shareholder funds. Earnings growth without balance sheet equity growth is a sham. Balance sheet equity growth while earnings growth is flat is still very positive. Anyway, Fort will pile on the earnings growth again shortly, in the meantime the shareholder funds have been growing very strongly. This overriding importance of balance sheet equity growth, not many investors realise that, it was Ben Graham's most important lesson and yet it is rarely discussed now. Fort is a compelling buy, no doubt about that, and an honest up front business as well, the management talks to shareholders straight, just what I like to see.
06/2/2020
07:19
thrumptasious: Thanks D - I 100% agree with you that the share price has been good over the last 6 months - Nothing personal on my part other than seeing what was once a strong part of the Forterra business spiral. I only hope that the BOD have a strategy to address this. Intrigued and I look fwd to hearing from you in a year or so Regards T
05/2/2020
01:44
damanko: Keep thrumping on Thrump, you may well be right. You're on a mission, that as we have discussed before is obvious, and possibly personal. Though, the share price movement in the last 6 months or so hasn't been so very bad, might you agree on that score? The market perhaps does not have your inside knowledge, and just looks at the bigger picture... Regards. d PS: I'll tell you something in a year or so...
01/8/2019
10:55
damanko: Hello T. I don't think you're reading the results wrongly, clearly the Bison stuff is proving problematic, I get what you say... Sirius Minerals? A great story waiting to happen. And therein lies the problem. It's still waiting to happen. Massive investment needed, and where are those funds coming from? 2016, share price 11 pence. 5 years on, share price close to 15 pence. Interesting to read the word amortisation in your post, having run a logistics business in East Africa I understand it. Depreciation is easy to understand, amortisation is not. Enough said. For now.
30/7/2019
19:24
thrumptasious: Hi Damanko, yes I am connected and also an investor too, I did capitalise on the drop in share price today so it's not all doom and gloom. The Bison Precast business is not performing particularly well, and is going through a period of transition - let's hope it improves going forward
11/5/2016
22:53
damanko: The UK's second largest brick maker, Forterra - floated on the LSE main market 26th April 2016. With a market cap (£350M+) sufficient to hoist the company towards the FTSE 250 in due course, performance & price uplift permitting. Interesting times for brick makers. Politicians (of all hue), journalists, construction analysts and especially Joe Public would all agree on one simple fact -: demand for new housing in our cramped little country far outstrips supply. The supply/demand ratio is unlikely to change anytime soon, however logic suggests that over time it needs to change quite dramatically, and with the ongoing impact of immigration, a great deal more housing will be needed. A third or more of UK new build housing developers use Forterra's unique style of bricks during construction. In investment / stock market terms there is unlikely to be any such thing as a 'no brainer'. However I bought in a few days after the IPO, and see this as a medium to long term jobbie. Looking at recent trades, many of the sells are so small (and so similar) they're likely to be employees & pensioners belonging to the company cashing in on free shares, or internally issued equity. There is currently no indication of income/dividend forecast, when the board publish this I'll edit this post to include it, along with starting yield at the IPO price. See below: http://uk.advfn.com/stock-market/london/forterra-FORT/share-news/Forterra-plc-Admission-to-the-London-Stock-Exchang/71245149
Forterra share price data is direct from the London Stock Exchange
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