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% 68.00p 66.00p 70.00p 68.00p 68.00p 68.00p 22,124.00 07:53:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 30.1 4.6 4.4 15.5 55.40

Michelmersh Brick Holdings Share Discussion Threads

Showing 901 to 924 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
20/4/2017
13:09
My idea of a tip is in the Sunday Times etc tips section, not some weekly magazines general reader content.
my retirement fund
20/4/2017
12:28
My Retirement Fund (808) "If it's tipped it should do 90p in a flash" Investor's Chronicle mentioned it on the 24th of March. It may not have been in the "tips" section but it was probably in the "company results" section, where IC called it a buy.
arf dysg
30/3/2017
11:59
Yes, share price looks good for further advances. Didn't realise that this was originally set up as a co to save a brickworks threatened with closure. Original management look to be moving on, which could make a t/o more likely. PS. mrf, well done for spotting this early.
bamboo2
30/3/2017
11:41
I suspect a new trading range will be established although 80/90p would be nice its more likely to be between 70p and 80p looking at the long term chart.If it's tipped it should do 90p in a flash and any takeover would need to be north of £1
my retirement fund
30/3/2017
10:56
Touching your 70 bamboo2 !
wanttowin
29/3/2017
15:59
Good to see us move up :-)
cheshire man
27/3/2017
21:46
Price hit overhead trendline resistance today but finished the day above, and closed the prior gap down, which now can become a support zone. SP is above 200sma and is currently targeting approx 70 Potential apex based turns noted for 6 April
bamboo2
24/3/2017
17:05
The IC today had a helpful article - so I was told by my broker - what is needed is a helpful trading statement at the AGM or even before.........we shall see.
anley
23/3/2017
08:44
hTTp://www.ukconstructionmedia.co.uk/news/construction-news/government-boost-6000-home-community-hampshire/
cheshire man
21/3/2017
11:27
Well put FISHYNECK.........it goes to show how brokers have not got their fingers on the pulses. There are so few decent brokers left in London and the ones that are only want the big deals..........its a pity but do read the Daily Telegraphs business article this morning on this topic...........I can't post as my copy is with the "dust men".
anley
21/3/2017
11:09
Also using 2014 as a year for comparisons on imported brick is slightly misleading. 2014 was a major anomaly year with regards to brick supply. Major shortages from all UK manufacturers that year was the reason for the higher than normal imports, nothing to do with currency rates. fn
fishyneck
21/3/2017
10:36
NAV of 65.8p is nonsense from Cenkos, the broker. Get your pencil out or I will come and tell you how to work out the valuation. Nevertheless, it would be nice to see the shares trading at around a premium say 70p V NAV (CENKOS).
anley
21/3/2017
09:57
I'd like to see an eod close above 62, to consider the prior breakaway gap fully closed. For now the top of the gap remains resistance. imo
bamboo2
21/3/2017
09:43
Pushing up again today I see :-)
cheshire man
20/3/2017
22:24
Well done Michelmersh management & employees! Positive outlook today alongside results. Both peers Ibstock (the largest) & the Forterra (number 2) had released results in recent weeks, providing similar positive commentary in their outlooks. Interestingly, MBH's house broker indicates that imported bricks have seen a significant decrease over the last 3 years from c. 330m bricks pa in 2014 down to c. 220m in 2016. The benefit of sterling weakness making imports more expensive & which augurs well for all UK brick manufacturers. Cenkos have retained their buy recommendation & indicate, "...Further progress has been made on cash generation and strengthening of the balance sheet, resulting in a doubling of the dividend, equivalent to payout ratio of 44% of adj earnings. This positions the company into an attractive yield play, which currently trades below its NAV per share of 65.8p." & "MIchelmersh’s financial position has been transformed in the past two years, moving from a £2.1m net debt position to £4.7m of net cash in FY16. £2.5m of FCF was generated in FY16 equivalent to a yield of 5.4%. In FY17, we expect a further rise in net cash, principally from the £2.7m sale of the Dunton site." They conclude that MBH trades at a 9% discount to the average of indebted peers of Ibstock and Forterra & also the only UK brick listed company to trade below the book value of its equity at a price/book value of 0.87x ...while also offering a meaningful dividend yield now. Kind regards, GHF
glasshalfull
20/3/2017
14:14
With the land sale proceeds and this yes FCF after another 2p dividend we will have around 10p per share worth of cash on the balance sheet. Whats their plan for that?
makinbuks
20/3/2017
12:23
Managed to add a few whilst it was down this morning - takeover does look likely imho
panic investor
20/3/2017
11:41
Personally I think it will be taken over
lancasterbomber
20/3/2017
11:22
After the land sale has been completed the NAV of this business could be as high as 100p............but I think that will only be achieved once sales growth starts again and margins improved which is all on the cards.........so not a highly over expensive share in my view.
anley
20/3/2017
10:01
We may see that gap filled this week yet ? :-)
cheshire man
20/3/2017
09:58
Oops, you're right of course. Silly me, I was coming at it back to front as it were, and it's only Monday!
alanrussell
20/3/2017
09:50
2p divi /4.38p EPS = 46% = greater than 40% of earnings
dangersimpson2
20/3/2017
09:25
I'm very happy with 2p but can't get the divi to square up with the statement that it is more than 40% earnings. Generally speaking solid results, solid hold.
alanrussell
20/3/2017
09:13
http://www.proactiveinvestors.co.uk/companies/news/175042/michelmersh-brick-doubles-dividend-again-175042.html XD on the 2nd June
wanttowin
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