Michelmersh Brick Share Discussion Threads

[bamboo2] 26/6/2017 07:59

Looks like good news.

[alanrussell] 31/5/2017 08:57

Up 60% in 10 weeks, quite a performance. You would expect it to pause after the last surge. Goes XD Friday 3rd June so some fallback would not be surprising.

DCLG announced a few days ago that house building in England is highest since 2007/8. Together with positive news from similar companies hopefully any fallback in the share price over the summer will be limited pending half-year results on 4th September.

[my retirement fund] 26/5/2017 20:21

See that 100k buy at 83pClearly someone had a large order lodged this week.

[bamboo2] 26/5/2017 14:55

SP got a shift on today! Price could need time to consolidate, but an EOD close above 82.5 gives a new target of 96.75

[bamboo2] 25/5/2017 08:40

MRF, fwiw My chart tp now raised from 75 to approx 82.3
Using bowl/cup reversal stats for new target.

See here for more info,

[my retirement fund] 25/5/2017 08:23

Cant buy more than 500 without phoning around and negotiating.Can sell 30,000 at full price online though !Market makers clearly struggling for liquidity now.

[brummy_git] 24/5/2017 08:57

Likewise a positive read across from Forterra yesterday

[alanrussell] 24/5/2017 08:32

Mildly positive reference to the UK brick market in today's update from Ibstock.

[bamboo2] 19/5/2017 08:58

Added. Last lot for me. :-)

[alanrussell] 17/5/2017 23:21

Maybe but volume would surely be higher - only about £44,000's worth traded today. But something is stirring for sure looking at the last two or three weeks of action.

I can't help but think of the 15 acres former PSM (edited) option land at Telford and wonder if something is in the offing there.

[my retirement fund] 17/5/2017 14:54

Flying as if its been tipped ?

[my retirement fund] 14/5/2017 09:02

I see May will be kick starting social housing on a scale not seen since the 60's.This will require additional investment in many sectors to meet demand. This may be the catalyst required to push MBH to fresh all time multi year highs.

[my retirement fund] 12/5/2017 20:41

Yea, so is the paving slab industry. 3 month waiting list on many marshal patio products.

[fishyneck] 12/5/2017 16:14

The brick industry is bonkers at the moment. Some Forterra products from Kirton factory not available until December! A good time to be making bricks.

fn

[bamboo2] 12/5/2017 16:08

Added. EOD Close above 71 confirms tp of 75 [bowl]

[alanrussell] 10/5/2017 21:52

It's difficult to know how much weight should be placed on the last few days drift upwards as the volumes have been particularly low. About £56,000 traded today. Still better drifting up on low volume than drifting down I guess.

[my retirement fund] 10/5/2017 10:52

Its a real bull and bear fight going on here but I suspect its going to eventually move on to a higher high. I think there is a modest buyer out there whi seems to take 20k chunks whenever they become available.

[wanttowin] 10/5/2017 09:51

Just nibbled a few more, looks set for the next leg up methinks.

[my retirement fund] 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.

[arf dysg] 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.

[bamboo2] 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.

[my retirement fund] 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

[wanttowin] 30/3/2017 10:56

Touching your 70 bamboo2 !

[cheshire man] 29/3/2017 15:59

Good to see us move up :-)

[bamboo2] 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