Michelmersh Brick Share Discussion Threads

[nibble] 15/5/2015 09:23

Stuart,

Could the reduction in lead time be due in part to the increase in production facilities announced earlier this year? An increased capacity & faster supply should improve the short-term numbers for the Co., which as we know is the ultimate market driver.

In my own (different) industry, I have often noticed a huge gap between a market valuation & the opinions of those working within that industry. I've usually found it a mistake to trade on the assumption that this gap will close!

Anyway, many thanks for the insight & ATB.

[eclair] 14/5/2015 16:46

Interesting. Thanks

[stuart little] 14/5/2015 16:33

Yes you are correct. Housebuilders have eased off a little creating availability from the larger producers. This has been blamed on the election and stockpiling before price increases at the beginning of the year. Whilst this isn't MBH's core business they could be affected by others dropping prices to shift some excess stock.

I have gone to MBH today with a fresh enquiry for 60,000 bricks and been told I can get them within 3 weeks, this hasn't been the case for some 18 months,

I don't know what drives this sp, not just brick making that's for sure. I'm no expert on the planning side of this business so don't know how that contributes.

stuart.

[eclair] 14/5/2015 15:56

Stuart,

Thanks for the insight. I understand Michelmersh produce a higher quality brick and sell into a more niche market. Is it possible that this market is holding up better than the one for standard bricks? Or is the prospect of more building in the future driving the sp?

Appreciate your knowledgable input.

[chatterbox] 14/5/2015 15:23

I bought these share a few weeks ago because I bought the bricks, Micklemersh Bricks are on a 12 week delivery time, nothing is available ex stock - such a quality brick.

[stuart little] 14/5/2015 12:25

As someone who lives and breaths the brick industry on a daily basis I can offer no explanation to the recent strength in share price movement here. Indeed the brick market is slower than this time last year and many bricks that were being quoted 40 weeks lead time are now available ex stock. With the supply from new factories and increased capacity at existing works I wouldn't be surprised if Hanson, Weinerberger or Ibstock resorted to reduce some prices which are at an all time high...it would be a shame as it has taken the industry a long time to get to the current level of pricing but they still need to shift the volumes to keep the kilns full!!

stuart

[battlebus2] 14/5/2015 11:35

Yes I spotted that, it's been mostly buys for several weeks.

[eclair] 14/5/2015 11:26

Someone bought over 700,000 shares yesterday. That's nearly 1% of the company. I take that as a very positive sign.

[battlebus2] 13/5/2015 18:27

Yes ofcourse we can and did :))

[battlebus2] 12/5/2015 08:02

Could we push on to new recent highs??

[alanrussell] 27/4/2015 14:09

From today's Guardian site although I think some of this is re-cycled. MBH gets a mention.

[battlebus2] 27/4/2015 13:36

Moving higher , only just over three weeks to the AGM and possibly a positive trading update.

[battlebus2] 23/4/2015 08:07

Continuing to add to these...

[battlebus2] 21/4/2015 13:22

Well new recent highs and another day of great volume.

[ed 123] 20/4/2015 22:13

I've been looking around some more and come up with no other explanation.

Not that I'm aware off ...

I think you may be too modest.

[battlebus2] 20/4/2015 21:53

Not that I'm aware off Ed 123, like others I would follow ideas from well respected PI,s from time to time.
These have been rising from 67p and should hit new recent highs at some point imv.

[ed 123] 20/4/2015 19:33

Good evening, battlebus2.

I wonder, could the initial flurry of buys this morning be due to your comments?

Do you have that sort of influence on the market in small cap stocks?

[battlebus2] 20/4/2015 18:01

Great volume today :))

[ed 123] 20/4/2015 10:31

Steady buying this morning and share price up 3p. I've not seen any news. What have I missed?

[battlebus2] 20/4/2015 10:30

Moving well this morning.

[battlebus2] 19/4/2015 11:36

I see someone's out of hibernation :))

How can you call this a pump and dump when I only posted once and replied to a comment from Ed and all this on a board that was quiet for months.

I'll let the share price do the talking.
As ever this was/is only my opinion so dyor etc before buying.

[investali] 19/4/2015 10:39

Meaningless post Battlebus2!!

[investali] 18/4/2015 11:35

It's a pump and a dump IMHO.

[ed 123] 18/4/2015 10:39

stuart little

Many thanks for the industry insight. Appreciate it. :-)


battlebus2

No need to come back here if it goes wrong. No personal challenge from me. It was just that I was surprised at the timing of your entry into MBH. You may yet be proved right. Good luck. :-)


envirovision

Yep, MBH was yet another to suffer the curse of the AIM dilution. I'd like to see AIM stocks limited to the same private placing maximum as fully listed stocks. We've all witnessed the pattern of the falling AIM share price, with a final dip to some silly level (and private investor holders not knowing if they've missed something hugely negative), only to be followed by the announcement of a big private placing. It's legal but is it morally any different from non-violent theft? EDIT: Having said that, the MBH placings weren't so bad, viewed with hindsight - but for me the principle remains that all shareholders should be treated equally.

Ah yes, Telford land. Planning delays, negotiating delays and clean up costs took off the gloss. :-(