Ibstock Share Discussion Threads

[strollingmolby] 25/6/2021 09:26

Actually I missed the fact that Vulcan has been invested here for a while, and held 7/8% in February:



They have a similar-sized amount of Forterra too...

[strollingmolby] 25/6/2021 09:09

Interesting for Vulcan to be building a stake here:

"We are value investors—business analysts with a long-term time horizon focused on purchasing publicly traded companies that are competitively entrenched at significant discounts to intrinsic worth."

[daneswooddynamo] 25/6/2021 09:03

Agreed, have been slightly wrong footed by the pullback but keep adding here and there

[m12rtn] 25/6/2021 08:54

To be fair i sold 12000 when the price dropped to 226 so have now bought back and all the indicators are extremely oversold.Two chances, will make a profit quick or over the next 6 months, who knows.

[daneswooddynamo] 25/6/2021 08:48

20m. And someone has of course been selling

[m12rtn] 25/6/2021 08:44

Thanks, that explains the drop whilst they were filling the order and nothing untoward happening with the company. Happy to hold then.

[scruff1] 25/6/2021 08:32

Yep. Postion before - nil. Position after 5% which is just over 2m shares of the 409.56m in issue Vulcan Securities based in America

[m12rtn] 25/6/2021 06:58

I honestly can't read these RNSs correctly, is this saying they had no position before? And now have 5% If so great, if not I don't understand the RNS

[jonojubb] 23/6/2021 10:11

Where the share price is going, is anyone's guess.. I've stopped following.

[scruff1] 27/5/2021 21:20

By the way not many mortar mixes today are 1/3 cement. Old school that mate far too strong

[lefrene] 27/5/2021 11:24

Wad collector did you put up that gable wall that fell down a couple of days ago! :¬)

[m12rtn] 27/5/2021 11:19

Brick work uses mortar not cement fortunately, and is mixed from mainly sand, most cement is in foundations or precast products, won't affect bricks too much.

[wad collector] 27/5/2021 09:00

Most of my bricklaying is without cement, is that why my houses fall down?

[castleford tiger] 26/5/2021 16:43

oh I think its good news without a doubt

[m12rtn] 26/5/2021 16:35

Also builders will pre order to get price fixed now and stop the price inflation. So again good news.

[m12rtn] 26/5/2021 16:32

Well doesn't that mean that they can't make them fast enough? Well that has to be good news?

[castleford tiger] 26/5/2021 16:21

blocks delivery is now August.

Can you lay them only if you can get Cement

tiger

[daneswooddynamo] 26/5/2021 12:27

Both ibst and fort moving up today on decent volume

[wad collector] 26/5/2021 12:17

Material shortage headlines suggest not particularly bricks, which if correct is not good for IBST if projects get delayed by other material shortages.

[daneswooddynamo] 25/5/2021 07:14

Been topping up here, cannot help thinking they have the whip hand on pricing

[edmundshaw] 18/5/2021 09:46

Good update from Forterra... well fairly good. Ibstock's last update was also good, share price still lagging for no good reason.

Holding on confidently to my brick shares.

[edmundshaw] 13/5/2021 13:39

Markets are not always rational... thank goodness :))