Share Name Share Symbol Market Type Share ISIN Share Description
Michelmersh Brick Hldgs 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
  +0.00p +0.00% 95.00p 93.00p 97.00p 95.00p 95.00p 95.00p 67,893 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 37.9 3.3 2.6 36.0 81.90

Michelmersh Brick Holdings Share Discussion Threads

Showing 976 to 997 of 1000 messages
Chat Pages: 40  39  38  37  36  35  34  33  32  31  30  29  Older
DateSubjectAuthorDiscuss
04/4/2018
11:17
Interesting second kick upwards following the results. Must be in demand given the current market background
makinbuks
19/3/2018
08:07
Wonder if it will get re-rated now.
my retirement fund
19/3/2018
07:56
Excellent set of results which should prompt a healthy rise in the shareprice this week ! RNS Number : 0171I Michelmersh Brick Holdings PLC 19 March 2018 FINAL RESULTS Michelmersh Brick Holdings (AIM:MBH), the specialist brick manufacturer, is pleased to report its audited final results for the year ended 31 December 2017, representing a strong performance and continued progress. Financial Highlights -- Revenue up 26% to £37.9 million (2016: £30.1 million); -- Underlying(1) Operating profit increased by 42% to £6.5 million (2016: GBP4.6 million); -- Underlying(1) EPS at 5.9 pence up 34% over 2016 -- Underlying(1) EBITDA increased 42% to £8.0 million (2016: £5.6 million) -- Cash generated by operations of £6.9 million (2016: £5.7 million), representing 141% of Operating profit; and -- After paying the first ever Interim dividend this year, total dividend increased by 7.5% to 2.15 pence per share for the period. Operational Highlights -- Acquisition of Carlton for a net consideration of £31.2 million; -- Completed sale of former Dunton brickworks site for £2.7 million; -- Strengthened board with the appointment of Stephen Bellamy as non-executive director; -- Built forward order book to 60 million units; and -- Strong showing at the BDA awards including the BDA Supreme award. Martin Warner, Chairman at Michelmersh Brick Holdings, commented: "The Group's position has been significantly strengthened in 2017 with the addition of the Carlton plant. Our geography, product range, scale and market presence have all been enhanced as a result and there is further scope to benefit from this acquisition as the management teams work together to maximise the performance of the Group. The UK construction industry remains stable with a level of activity that keeps UK brick manufacturing operating at capacity with limited options for expansion. The Group's order book is strong and 2018 promises to be busy."
masurenguy
19/3/2018
07:22
There doesn't really get any better. This will be on a forward PE of 10/11 which can only drop further as it pays off its lian book and has with a land development property company tacked on for good measure.
my retirement fund
16/3/2018
16:29
Results wont disappoint
my retirement fund
16/3/2018
11:23
My word, the thread bursts into life! I'm inclined to agree that MBH looks like good value at this price. I've been out of these for some time but had a look this morning, spread tight, so bought at 77.8. No fortune to be made here but hopefully a modest profit.
alanrussell
16/3/2018
08:15
Yes, it is rather strange. Here is an excerpt from the Ibstock trading update that was issued on January 18. "The market for bricks in Great Britain grew through 2017. Domestic manufacturers were unable to meet demand despite reducing their stock levels and consequently import levels rose during the year." Since then the Ibstock shareprice has risen by 12.5% in contrast with the MBH 14% decline.
masurenguy
15/3/2018
18:43
Yes this drift down is a bit strange considering how well Ibstock (IBST) is doing
lancasterbomber
15/3/2018
17:00
Results due on Monday. A reminder of the salient points in their recent preclose trading update. Pre-close Trading Update: 22 January 2018 The Board expects that underlying revenue and profit from the Group, enlarged by the acquisition of Carlton Main Brickworks Ltd in June 2017, will be in line with market expectations. The Board is also pleased to report that the Carlton acquisition, which increases the Group's output to over 100mn bricks, is bedding in as expected and operational synergies are being implemented. Demand from the house building and RMI markets continues to be robust and Group's well-balanced forward order book for 2018 reflects this trend. Since that update, the shareprice has drifted down by circa 14% so it will be interesting to see whether the results arrest this drift and make a positive impact.
masurenguy
09/10/2017
14:33
Do keep up. That was announced two weeks ago. What's caused today's drop.
ditchsid
09/10/2017
14:17
Hmm director selling 750k worth I see
my retirement fund
05/9/2017
09:28
Brick sales down in Europe and US!!! Doesn't look good!!! . . . . . . . . . . . . . . . . . Lego bricks that is.
alanrussell
04/9/2017
10:26
Rather uninspiring results. I sold out this morning for a fortuitously large profit. Thanks, Questor.
effortless cool
04/9/2017
09:41
There must be a high risk of Carlton having been purchased on a premium with plenty of potential for that to turn sour. I have heard them say the word "transformational" in the past and it took several years for that one to bear fruit !This difference this time is that it's all been done with debt and right at what looks like the top of the market to me.
my retirement fund
04/9/2017
09:21
MRF, looks like you are right. Took mine off the table for approx 2% loss. Co. doesn't seem to have got pricing power back quite yet. They do promise more for the second half, but I don't fancy waiting around with the potential knock-on effects of the macro situation on the market in general.
bamboo2
02/9/2017
17:22
Whoops yes
panic investor
02/9/2017
13:33
PI, Do you mean October 2015? If so agreed. 110 will probably be a resistance area. It is also the tp for the recent Flagpole.
bamboo2
02/9/2017
13:10
resistance from October 2010
panic investor
01/9/2017
13:00
Best od British then, such charting analysis is over my head im afraid
my retirement fund
23/8/2017
16:30
I was the same, that said let's not beat around the bush here, if there wasn't the tip from left field then I think we would have seen plenty more stop losses and impatient holders selling and the chances were for a close of 75p today and certainly the 70p level to be tested by Friday.IMO.
my retirement fund
23/8/2017
16:19
MRF, My chart had a turn on it for today. When I double checked the chart yesterday I decided not to trade it, as I thought it had further to fall. "Cest la vie" as you English say!
bamboo2
23/8/2017
14:42
I dont think anyone can account for a national rag tipping an individual share. Such left field events will always happen randomly and when it involves a fairly small company whos shares are tightly held, liquidity squeezes are inevitable. Certainly no reason to feel a chump but on the other hand if your holding and can take advantage to offload near the top of such spikes, one deserves to feel very smug imo.
my retirement fund
Chat Pages: 40  39  38  37  36  35  34  33  32  31  30  29  Older
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