Michelmersh Brick Share Discussion Threads

[ed 123] 07/11/2016 18:10

Anley.

Why do you think MBH could be taken over?

[anley] 07/11/2016 17:34

Large shareholders will want MBH to be merged/taken-over in 2017. I have said this on previous posts and repeat it again - a good share for 2017

[stuart little] 07/11/2016 16:04

MBH isn't large enough to have an impact on the industry. It is just affected by the likes of Ibstock and their pricing/manufacturing policy, be that negative or positively.

stuart

[renixus1] 07/11/2016 15:41

Despite talk of depressed margins and Persimmons, market is buying IBST and ignoring MBH. It's beginning to make me think i have saddled up on the wrong horse, is it all the talk of prefabs that's pushing up IBST? They seem to have a product that works in that market but MBH are sticking to knitting by the looks of things so no prefab boost there. In the long run, i think all be ok, assuming houses get built on green space, brown space and hopefully one day outer space.

[ed 123] 07/11/2016 13:41

Ta, Stuart Little. Appreciate your insight. :-)

[stuart little] 07/11/2016 13:18

The brick industry has not shown any strength this year. I can buy bricks at prices less than I have been able to for a few years. One or 2 factories are on extended lead times but in general bricks are readily available and the manufacturers don't see that changing into 2017. They are not bothering insisting on forward ordering and schedules for 2017 as i have done for a few years now. I am well aware that MBH aren't directly affected by the Persimmons move, it's not their primary market, however if the market remains flat then you take out Persimmons 80-100m bricks next year then Ibstock, Forterra and Weinerberger will be forced to concentrate more on the specification side, which is MBH's market. Whilst I agree MBH has an excellent product, the others have decent factories too which produces specification style product. MBH will be ok, but I can see a squeeze on margins and lower dispatches next year. All in my opinion of course...

stuart

[pavgub] 07/11/2016 09:22

It always comes down to price, especially in the mass market.
MBH will probably survive and do ok as a niche player/specialist, but the major players may well be impacted greatly by Persimmon's decision.

[anley] 05/11/2016 10:11

Bricks made with clay .V. Concrete blocks ..........that is what this debate is about + price.

[stuart little] 04/11/2016 17:58

I disagree. This will put pressure on the main 3 which will impact on all clay manufacturers.

[anley] 04/11/2016 17:19

I really do not think for one moment that MBH is going to suffer. MBH makes and sells a very good brick which I have used and not concrete blocks which Persimmon want - if that is what they intend to make starting sometime in 20017.

[stuart little] 04/11/2016 16:32

Horrendous news within my industry of Persimmon building their own brick plant to manufacturer concrete bricks. This could cause factory closures next year. Do these people have no morals? PD Edenahall (largest concrete brick manufacturer) looked after persimmon in times of clay brick shortages, opened new factories, showed them how to make concrete bricks only for Persimmon to say 'thank you, we'll now make our own'. It stinks.

Stuart.

[anley] 04/11/2016 10:35

Both FORT and IBST as these are the UK biggest and most used new building brick.

There must be a very good reason for Persimmon to build a new plant and no doubt the story will emerge soon. In the meantime MBH will have to come clean with excusses as to why their forecasts are flat and what they are going to do in 2017 otherwise the City will have them taken out.

[dvb99] 04/11/2016 10:33

"Less than 41% voted to leave."

that means even fewer voted to stay!!!

[renixus1] 04/11/2016 09:59

Do any of the knowlegeable posters know if Persimmon making their own bricks will impact FORT, IBST or MBH the most? I am assuming little or no impact on MBH and it will either hit one of the other two but I have no idea where Permisson sources its bricks today. They are planing to invest £10MM to make up to 88MM bricks per annum. That's another MBH in terms of size added to supply. I think it's just concrete bricks but you can't just assume clay bricks don't compete with concrete bricks unless you're a brick lover.

[anley] 01/11/2016 17:14

No....its two very different businesses with very different brick making styles.

Say M&S v Tesco

There is not much stock about at 50p unless one of the big holders decides that enough is enough and passes the shares onto someone who will merge/takeover. So the guess is what is the NAV....I make it 80p.

[renixus1] 01/11/2016 16:22

It's quite interesting how IBStock is moving relative to Michelmersh. One's a pile em high merchant, the other's a smaller scale premium product player. Is this a case of the big guy squeezing the little guys thingymajigs?

[my retirement fund] 25/10/2016 14:37

Clearly another Brexit troll imo.FILTERED !

[gbill11] 25/10/2016 11:23

Not interested at 50p because of the crummy dividend. A 2% yield is hardly worth the bother. No thanks.

[my retirement fund] 25/10/2016 11:07

Bamboo I've noticed possible institutional support at 50p. You can get them in quantity at 50p right now.Perhaps 40p will not materialise. I've decided to put a small iron in the fire at this 50p level which forces my hand into a longer term follower of events.You may want to await the autumn budget before taking a view when the picture may become a little clearer.

[my retirement fund] 24/10/2016 17:49

Don't be a walnut and reread my posts and consider yourself lucky I even bothered giving you a reply with such ignorance regards rates.

[bamboo2] 23/10/2016 11:41

mrf, you said earlier in the thread you be interested at 55p. Is that still the case?

I'm not holding btw, -although slightly interested, as imported bricks are likely to start costing more.

I have used FLB stock bricks for years in a large number of projects, and they are a great product, although have slightly less 'character' since they went over to gas powered firing, rather than coke.