Michelmersh Brick Holdings Plc Share Chat - Chat About MBH Shares - MBH | Page 48
ADVFN Logo ADVFN

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MBH Michelmersh Brick Holdings Plc

105.00
4.00 (3.96%)
Last Updated: 11:45:09
Delayed by 15 minutes
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
  4.00 3.96% 105.00 104.00 106.00 108.50 101.50 101.50 215,720 11:45:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Brick & Structural Clay Tile 77.34M 9.66M 0.1031 10.28 94.62M
Michelmersh Brick Holdings Plc is listed in the Brick & Structural Clay Tile sector of the London Stock Exchange with ticker MBH. The last closing price for Michelmersh Brick was 101p. Over the last year, Michelmersh Brick shares have traded in a share price range of 86.50p to 111.00p.

Michelmersh Brick currently has 93,678,579 shares in issue. The market capitalisation of Michelmersh Brick is £94.62 million. Michelmersh Brick has a price to earnings ratio (PE ratio) of 10.28.

Michelmersh Brick Share Discussion Threads

Showing 1176 to 1197 of 1350 messages
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
DateSubjectAuthorDiscuss
24/11/2022
14:00
Coke and hookers
scepticalinvestor
24/11/2022
13:12
Bold moves with recession looming in their main markets. Good on them!

The acquisition looks a decent little business but the synergies are not obvious. Wonder why the owners wanted to sell

makinbuks
24/11/2022
10:15
My thghts exactly
scepticalinvestor
24/11/2022
09:35
"Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick manufacturer,
today announces that it intends to commence a share buyback programme in
respect of its ordinary shares of 20 pence each ("Ordinary Shares") up to a
maximum consideration of £3.0 million from the date of this announcement
(the "Share Buyback Programme").

The purpose of the Share Buyback Programme is to reduce the share capital of
the Group in order to return value to shareholders.

Michelmersh announces that it has entered into an irrevocable
non-discretionary instruction with Canaccord Genuity Limited ("Canaccord")
in relation to the purchase by Canaccord, acting as principal during the
period commencing on 24 November 2022 and ending no later than 27 February
2023, of Ordinary Shares for an aggregate consideration (excluding expenses)
of no greater than £3.0 million and the simultaneous on-sale of such
Ordinary Shares by Canaccord to Michelmersh, where they will be held in
treasury. Canaccord will make its trading decisions concerning the timing of
the purchases of Ordinary Shares independently of, and uninfluenced by, the
Group."

£3m is about 4% of market cap. So this will provide a floor and probably upward pressure on the share price between now and end Feb next year. Little downside risk.

barnesian
24/11/2022
08:23
Good acquisition as well
barnesian
24/11/2022
08:07
Nice volume
scepticalinvestor
24/11/2022
07:40
Time we had a pay rise!!!
pizzabuffet
24/11/2022
07:31
Yes - decent update
scepticalinvestor
24/11/2022
07:30
Nope it's today. All very positive, wish I was holding more!
archy147
23/11/2022
16:50
Update friday i think
scepticalinvestor
27/10/2022
08:17
OK prehaps he gave me bum info
my retirement fund
23/10/2022
14:24
These layoffs were made surely in Feb 2018 when production of handmade bricks at Charnwood was largely finished.
1tx
14/10/2022
16:16
A guy on the SHA thread who lives nearby said yesterday in a post
my retirement fund
14/10/2022
15:50
Do you have link re Charwood?
MBH have 371 employees in total so 60+ is a large proportion.
Could be a cost saving rationalisation or a response to falling demand.

barnesian
14/10/2022
14:21
Apparently Charnwood has given everyone their notice. 60+ people put of a job!
my retirement fund
29/9/2022
09:15
Its held up well, a commendable effort, how long can that continue though.
my retirement fund
11/9/2022
21:12
Am I correct in thinking that Michelmersh is partly a combination of previously listed plc companies ?
coolen
11/9/2022
20:05
m12rtn
think it's unlikely to be taken over by forterra or ibstock,
there are only 3 large players in UK bricks plus Michelmersh two of which are fort and ibst, so there would be competition concerns,
seems that michelmersh is financially sound with plenty of cash, £9m, entering what may be a difficult period of higher energy costs and possibly reduced demand particularly for their premium product. Though capital expenditure always required to maintain the brickworks...

c3479z
09/9/2022
17:12
I'm thinking EPS around 13.7p giving a PE of 12.6. 4% yield covered 2X. None of that looks expensive to me but its all about direction of travel
makinbuks
09/9/2022
07:43
Anyone see the presentation yesterday. Was it good?.I still think fort or Ibst will buy this company.
m12rtn
08/9/2022
13:06
Yes its an error, more like 16 yes?
my retirement fund
07/9/2022
10:35
Where do you get your PE forecast?
sebass
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older

Your Recent History

Delayed Upgrade Clock