Re: Gratifying .. If I had my cynical head on I'd suggest the price was rising to help the PE investors dump another tranche of stock on the market at a decent price!
Gratifying .. I'll probably regret posting this, but IBST has been noticeably outperforming the sector and the general markets the last few days.Something brewing perhaps?
Bought in Today @1.6686p Should have lowered this limit order that I've had open since the 175p placement. Lowest buy price today touched @161p ... so far.You have to figure it'll get back to at least the @175p price the Institutions were prepared to pay. plus I'm expecting good news in the sector in the government's spending plans.
why f'''''' going down ,
NEW ARTICLE: Ex-Hanson unit Forterra flags IPO "Less than six months after ditching the famous Hanson name in favour of Forterra, the old Hanson Building Products business has flagged plans for a £450 million float in London within weeks. Bought by American private equity firm Lone Star little ..."[link]
Re: Conflicting views I take note of what real investment managers are doing with real money. I share a reluctance to follow journalists who have to fill a column in a paper. James Henderson manages the Law Debenture portfolio and I see he added IBST in the latest portfolio with over £5M - 0.82% of the portfolio. I have followed in his footsteps after my own research.
Re: Conflicting views if i ve listened so called professionals or foollow they tips i would have never make any money Never buy on someone tips Always do research and follow you guts I remember so called professional advised me not to buy Fresnillo back in 2008 I bought anyway for 1.10 and share rocketed to almost 30 pounds in 2 years So please This share as well is very good and potenial Not so much grow because its already very big but has still some grow in itThe new Leicester plant is expected to be commissioned in the second half of 2017, and is expected to produce for sale approximately 30 million, 75 million and 95 million bricks in 2017, 2018 and 2019, respectively The prices of clay bricks increased by 6.7pc in the 12 months to July 2015 as demand significantly outstripped supply.It has very good management Its been around very long time It has sister companies which basiacly 'own' construction and building market Share just went public but already entered main market Cash increased, revenue increased and profits increasedthe time they realise atatement next month this share will be 260p Enjoy the ride
Conflicting views I've seen totally opposing comments on Ibstock - Questor and The Times advising against investing; all expectations fully in price & possibly further sales by the private equity house.Momentum Investor very enthusiastic - sees good growth all round. Take your choice!!!
One to watch IBST appears in the current edition of Momentum Investor, & gives nice forward growth projections. In the current climate for the housing & construction market, the company should have the wind in its sails
Re: IBST, New Broker Coverage...... <b>Ibstock plc (IBST) Now Covered by Analysts at JPMorgan Chase & Co.December 2nd, 2015 - 0 comments - Filed Under - by Samantha Reynolds</b> Ibstock plc logoAnalysts at JPMorgan Chase & Co. initiated coverage on shares of Ibstock plc (LON:IBST) in a research note issued on Wednesday, MarketBeat.Com reports. The firm set an overweight rating and a GBX 240 ($3.61) price target on the stock. JPMorgan Chase & Co.s price objective points to a potential upside of 16.79% from the stocks previous close.Separately, Barclays assumed coverage on shares of Ibstock plc in a report on Wednesday. They set an overweight rating and a GBX 250 ($3.76) target price on the stock.In other news, insider Pike,Jamie acquired 26,000 shares of the stock in a transaction dated Wednesday, October 28th. The stock was purchased at an average cost of GBX 192 ($2.89) per share, with a total value of £49,920 ($75,101.55). Ibstock plc (LON:IBST) opened at 209.1500 on Wednesday. Ibstock plc has a 52-week low of GBX 209.15 and a 52-week high of GBX 209.75. The stock has a 50 day moving average price of GBX 0.00 and a 200 day moving average price of GBX 0.00. The firms market cap is GBX 848.10 million.Ibstock plc (LON:IBST) is a United Kingdom-based brick manufacturer. The Company manufactures clay bricks and concrete products with operations in the United Kingdom and the United States. The Company operates through four businesses: the United Kingdom business consisting of Ibstock Brick, Supreme and Forticrete, and the United States business consisting of Glen-Gery. The Companys principal products include brick components, Bricktile interior clay tiles, glazed bricks, earth bricks, bat and swift boxes, brick slips, refurbishment bricks, concrete roof tiles, concrete stone masonry substitutes, concrete fencing and concrete rail products. The Company supplies its products to the house building, retail motor industry (RMI) and other build and infrastructure sectors. The Company has around 20 factories across the nation and a range of over 500 different bricks and rainscreen cladding systems.
IBST, New Broker Coverage...... <b>Ibstock plc (IBST) Receives New Coverage from Analysts at BarclaysDecember 2nd, 2015 - 0 comments - Filed Under - by Doug Madison</b> The firm set an overweight rating and a GBX 250 ($3.76) price target on the stock. Barclays price objective suggests a potential upside of 21.65% from the companys previous close.Shares of Ibstock plc (LON:IBST) opened at 209.1500 on Wednesday. Ibstock plc has a 12-month low of GBX 209.15 and a 12-month high of GBX 209.75. The stocks 50 day moving average is GBX 0.00 and its 200-day moving average is GBX 0.00. The stocks market cap is GBX 848.10 million. In other news, insider Pike,Jamie bought 26,000 shares of the firms stock in a transaction dated Wednesday, October 28th. The shares were bought at an average price of GBX 192 ($2.89) per share, with a total value of £49,920 ($75,101.55).Ibstock plc (LON:IBST) is a United Kingdom-based brick manufacturer. The Company manufactures clay bricks and concrete products with operations in the United Kingdom and the United States. The Company operates through four businesses: the United Kingdom business consisting of Ibstock Brick, Supreme and Forticrete, and the United States business consisting of Glen-Gery. The Companys principal products include brick components, Bricktile interior clay tiles, glazed bricks, earth bricks, bat and swift boxes, brick slips, refurbishment bricks, concrete roof tiles, concrete stone masonry substitutes, concrete fencing and concrete rail products. The Company supplies its products to the house building, retail motor industry (RMI) and other build and infrastructure sectors. The Company has around 20 factories across the nation and a range of over 500 different bricks and rainscreen cladding systems.