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MBH Michelmersh Brick Holdings Plc

102.00
1.00 (0.99%)
13 Dec 2024 - Closed
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 Shares Traded Last Trade
  1.00 0.99% 102.00 124,659 16:35:24
Bid Price Offer Price High Price Low Price Open Price
102.00 104.00 103.00 101.00 101.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Brick & Structural Clay Tile 77.34M 9.66M 0.1031 9.99 94.62M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:35 O 50,000 102.00 GBX

Michelmersh Brick (MBH) Latest News

Michelmersh Brick (MBH) Discussions and Chat

Michelmersh Brick Forums and Chat

Date Time Title Posts
02/12/202414:16MBH - The new name in handmade and specialist bricks.1,223
02/12/202414:06MICHELMERSH BRICK HOLDINGS104

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Michelmersh Brick (MBH) Most Recent Trades

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Michelmersh Brick (MBH) Top Chat Posts

Top Posts
Posted at 15/12/2024 08:20 by Michelmersh Brick Daily Update
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.
Michelmersh Brick currently has 93,678,579 shares in issue. The market capitalisation of Michelmersh Brick is £96,488,936.
Michelmersh Brick has a price to earnings ratio (PE ratio) of 9.99.
This morning MBH shares opened at 101p
Posted at 18/10/2024 06:29 by zangdook
Odd they call it 'anti-trust' which aiui is a US term. If they mean competition, would buying up a specialised brick-maker like MBH really cause the CMA to make a fuss?
Posted at 17/10/2024 21:26 by c3479z
according to city am today, FORT got very close to launching a bid for MBH in the summer but backed out over anti-trust concerns at the last minute.
Posted at 03/9/2024 17:55 by dgarvey
With a lowered price target of 170 and buy recomendarons after the results, this still has legs.
Posted at 03/9/2024 08:46 by barnesian
Results down as expected in a very depressed building and repair market. Gross margins nearly maintained (36.2% v. 36.8%)so managing pricing well in depressed market.

Dividend up reflecting management confidence (and mine!) that the building and repair market will make a strong recovery in the medium term. MBH is very well positioned to take advantage of that. I definitely won't be selling at this price and I'm very tempted to add.
Posted at 07/6/2024 14:09 by bertiebingo
Could be a nice positive story for MBH if they use better quality bricks to enhance the lookhttps://www.thetimes.com/uk/politics/article/labour-plans-new-towns-with-edwardian-mansion-blocks-and-tree-lined-streets-w7n6rf8f0#:~:text=Labour%20plans%20new%20towns%20with%20Edwardian%20mansion%20blocks%20and%20tree%2Dlined%20streets,-Angela%20Rayner%20releases&text=Labour%20is%20promising%20to%20cover,behind%20Michael%20Gove's%20design%20philosophy.
Posted at 16/5/2024 07:16 by bertiebingo
Check out the annual report. 2.25m were bought back to "return value to shareholders and also to reduce the impact of share dilution". They bought back £1.9m (23), £1.5m (22). 2m LTIO options were therefore cancelled in Nov 22 & converted into cash settlement.
Posted at 15/5/2024 14:37 by arthur_lame_stocks
Does anyone know what the £1.8m cash spent on buying back share options is all about? I'm sorry I couldn't find it in a RNS.
Posted at 04/4/2024 16:49 by sebass
Not a fan of MBH LTIP plan management seem extremely generous with themselves
Posted at 06/9/2022 08:50 by barnesian
I think the MBH share price has suffered from an understandable but unwarranted reaction to the large increases in GAS prices.

It's understandable because brick making is energy intensive.

However MBH have:
1) previously stated that they have hedged forward on gas prices
2) this time they state "Careful management of input costs on a risk based approach, with energy costs continuing to be hedged in volatile markets as appropriate"
3) "Portfolio price increase implemented on 1 July 2022 to mitigate
ongoing elevated inflation rates"

So I think it is unwarranted. It is a well managed company with a premium product and fairly wealthy customer base. I think it has a great future beyond the short term energy crisis which it seems to be navigating well.

For those interested in questioning the company about its GAS prices the company states:
"The Company will be hosting an online presentation to retail investors on Thursday 8(th) September at 3pm. Those wishing to join the presentation are requested to register via the following link: Meeting Registration (hxxps://forms.gle/CaqwGK7piGoEPGe26) ."
Posted at 02/4/2022 06:55 by barnesian
I think the cloud over the MBH share price is the extent to which it can raise prices to recoup the massive increase in its energy costs once the forward buying is exhausted.
I reckon it needs a 25% price increase next year to maintain margins. That should be possible with determination.
Michelmersh Brick share price data is direct from the London Stock Exchange

Michelmersh Brick Frequently Asked Questions (FAQ)

What is the current Michelmersh Brick share price?
The current share price of Michelmersh Brick is 102p.
How many Michelmersh Brick shares are in issue?
Michelmersh Brick has 93,678,579 shares in issue.
What is the market cap of Michelmersh Brick?
The market capitalisation of Michelmersh Brick is GBP 94.62 M.
What is the 1 year trading range for Michelmersh Brick share price?
Michelmersh Brick has traded in the range of 84.00p to 111.00p during the past year.
What is the PE ratio of Michelmersh Brick?
The price to earnings ratio of Michelmersh Brick is 9.99.
What is the cash to sales ratio of Michelmersh Brick?
The cash to sales ratio of Michelmersh Brick is 1.25.
What is the reporting currency for Michelmersh Brick?
Michelmersh Brick reports financial results in GBP.
What is the latest annual turnover for Michelmersh Brick?
The latest annual turnover of Michelmersh Brick is GBP 77.34M.
What is the latest annual profit for Michelmersh Brick?
The latest annual profit of Michelmersh Brick is GBP 9.66M.
What is the registered address of Michelmersh Brick?
The registered address for Michelmersh Brick is FRESHFIELD LANE, DANEHILL, HAYWARDS HEATH, WEST SUSSEX, RH17 7HH.
What is the Michelmersh Brick website address?
The website address for Michelmersh Brick is www.mbhplc.co.uk.
Which industry sector does Michelmersh Brick operate in?
Michelmersh Brick operates in the BRICK & CLAY TILES sector.

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