Share Name Share Symbol Market Type Share ISIN Share Description
Michelmersh Brick Holdings Plc LSE:MBH London Ordinary Share GB00B013H060 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.50 3.3% 109.50 108.00 111.00 109.50 106.00 106.00 88,311 12:54:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 46.3 6.4 5.8 18.9 101

Michelmersh Brick Share Discussion Threads

Showing 826 to 849 of 1050 messages
Chat Pages: 42  41  40  39  38  37  36  35  34  33  32  31  Older
DateSubjectAuthorDiscuss
28/11/2016
13:24
May I suggest you go straight to the source. Mr Mark Wall @Michelmersh. Please also check with Elliots builders merchants. Why do I know its true they just let me down on a big order of tiles. The company should publish this on RNS but has covered it up. Please check I would be delighted this is thrown in the open.
hedgehunter2
28/11/2016
10:56
I have reasons to believe that the above story has no foundations to it.......and the company is investgating.
anley
26/11/2016
11:03
We will get to the bottom of this on Monday 28 November.
anley
24/11/2016
17:06
Does anyone know full details of What is the issue production issue regards the Romsey site having a broken manufacturing machine for roof the tile production. Builder merchants can not get orders placed from Sept and this is not being advised to market by brokers Cenkos? Why no RNS statements. Spoken to three builders merchants they can not fulfil orders for supply and give a time frame.
hedgehunter2
14/11/2016
11:52
Taken from a brokers report............. "the real potential is from the holes in the ground left once Michelmersh has cut its bricks. The sites can be turned over for residential development or, possibly even more lucratively, as landfill sites". I remember Hanson taking over London Brick - just for the holes = the capital gain and the bricks = cash flow and profit. It all came to pass in the end.
anley
10/11/2016
16:02
Stuart, I remember the days when my farther bought bricks direct from London Brick but by the mid 70's that was stopped and brick selling was put in the hands of the wholesalers such as Travis P and others. Dad switched as LB became slow in delivering and so better quality bricks were bought and the cost of the house went up and so did the sales price hence "the punter pays in the end". In a way some local builders merchants do push one brick to the detriment of other types and if I was a board member this is an area I would look at. Otherwise a reasonable and well run business but in need of new blood and a take-over.
anley
10/11/2016
14:28
I disagree about its marketing and sales force argument. Their brochures, website and samples department are as good as any of their peers. They don't need a massive sales team as bricks are sold through specialist distributors (such as myself). We are well aware of the products MBH offers and promote them when the right job comes along. I don't see a takeover on the cards but then I didn't see Persimmon making its own bricks so one never knows. Stuart.
stuart little
10/11/2016
12:27
Money speaks and dont forget there is another big City shareholder with a 15%+ stake and others like me who would sell at around 80p+................. In any case the business is profitable its just not able to generate the growth to keep the share price going up and up and as night becomes day Eric will sell.
anley
10/11/2016
11:43
Oh hello, we have woken up. Is the business for sale? Does Eric want his entrepreneur's relief? He can always recycle it into something else for the death tax issue.
renixus1
09/11/2016
22:57
Ta, Anley. :-) You may be right with your facts about the company ..... but, your conclusion? Fwiw, my view is there's almost no chance of a takeover. The reason I say that is Eric Gadsden holds about 28% of the shares. The shares are traded on AIM, so Eric (who is getting on a bit now) won't have to pay inheritance tax. He's not going to sell out now, imo.
ed 123
09/11/2016
10:13
Because its marketing and sales force are not up to scratch in this competitive market. There is the value of the assets to consider so I have bought again this morning. And all the older shareholders have not made a decent return.....look at the past fundings - go to website and read all the past documents.
anley
07/11/2016
18:10
Anley. Why do you think MBH could be taken over?
ed 123
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
anley
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
stuart little
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.
renixus1
07/11/2016
13:41
Ta, Stuart Little. Appreciate your insight. :-)
ed 123
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
stuart little
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.
pavgub
05/11/2016
10:11
Bricks made with clay .V. Concrete blocks ..........that is what this debate is about + price.
anley
04/11/2016
17:58
I disagree. This will put pressure on the main 3 which will impact on all clay manufacturers.
stuart little
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.
anley
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.
stuart little
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.
anley
04/11/2016
10:33
"Less than 41% voted to leave." that means even fewer voted to stay!!!
dvb99
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