WelshJew
11 Jul 2017
Daily Mail Pint [link]
city watcher
05 Jun 2017
Re: What are these worth? They may just fall back some what when the generous dividend is paid at the end of the month. The rise has been very good, but may not be sustainable. I would sell soon at maybe 82p if you are lucky. Profit is always very nice.
Another Jacko
27 May 2017
What are these worth? I am wondering at what point to sell these. The company has a rock solid balance sheet is making good profits and is still on a reasonable multiple of EV after the net cash is taken into account. I'm already 50% up on my purchase and am thinking 90p-£1 may be a good exit point.Anyone else have an opinion?
pharmaspecialist
27 Mar 2017
Strength of share price Very pleased by the strength of the share price following the recent results and I can understand this because of the quality of the company. However, if this continues for much longer on no additional news I might begin to wonder if some corporate activity might be in the pipeline. I note that the chairman, who is also one of the founders, will be retiring soon.
pharmaspecialist
20 Mar 2017
Re: Finals next week Yes, you were right city watcher, at the time of writing the share price is up 7.42% on the back of pleasing results. Dividends speak louder than words and the large increase in dividend confirms management assertions that the company is now in a strong position from both an operating and financial viewpoint.
city watcher
16 Mar 2017
Finals next week Just a guess, so expect further interest in this stock. House builders are doing well.[link]
Frivolity
22 Oct 2016
Who's the seller ? Major sale this week ? Why and who is it ?Wouldn't have thought that the state of the construction market would have justified selling at this time.
walrusty
20 May 2016
Overlooked in the City Although only a relative tiddler this share is safe,and goes Ex-Div in a week (1p/share).
mcescher
28 Mar 2016
Good analysis report on MBH I am researching Michelmersh Brick Holdings, it looks like good value on here: [link]
Frivolity
30 Nov 2015
Time to go ? Have enjoyed the recent run up in the share price doubtless greatly helped by the Government's avowed intent of building 400,000 houses a year.However the greater proportion of these houses will not be the sort that could afford Michelmersh bricks which are very much the top end of the market.Furthermore the medium to top of the new build market will be hit by the increase in stamp duty.The extended delivery of twelve to eighteen months of a year ago has evaporated and most bricks other than hand mades are available ex stock all at the wrong time of the year with winter approaching.Time to take profits and move on.
smilingmickey1
06 Nov 2015
Hosking Hosking now holds more than 19% of shares. Up gradually from around 10% in early 2015. Announcements seem to follow a fall back in the share price.
oldjoe1
19 Oct 2015
Re: MBH, TRADING AHEAD.......... MBHData will be updated in the next 48 hours but the stock is trading below the historical average. Room for an uprating, one would think. Michelmersh Brick Holdings PLCFORECASTS2015 2016Date Rec Pre-tax (£
EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Cenkos Securities 20-07-15 BUY 3.80 3.70 1.00 4.50 4.40 1.20Westhouse Securities [A]15-12-14 UREV 2015 2016Pre-tax (£ EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Consensus 3.80 3.70 1.00 4.50 4.40 1.201 Month Change 0.00 0.00 0.00 0.00 0.00 0.003 Month Change 0.00 0.00 0.00 0.00 0.00 0.00Notes to forecasts(15 Dec 2014) A flag refers to outlook.GROWTH2014 (A) 2015 (E) 2016 (E)Norm. EPS % 21.80% 18.92%DPS % % 20.00%INVESTMENT RATIOS2014 (A) 2015 (E) 2016 (E)EBITDA £4.03m £5.10m £5.70mEBIT £3.06m £m £mDividend Yield 0.00% 0.98% 1.18%Dividend Cover x 3.70x 3.67xPER 33.41x 27.43x 23.07xPEG f 1.26f 1.22fNet Asset Value PS 54.36p p p
oldjoe1
19 Oct 2015
MBH, TRADING AHEAD.......... MBH Michelmersh Bricks<b>Trading update this morning profits ahead of market expectations.</b><a href='[link] target='window'>[link]
smilingmickey1
04 Oct 2015
Possible Ibstock flotation If you search on google there are lots of Articles re the above, accompanied by some comment re the UK brick market issued by Bain, the Private equity Company that bought the Company from CRH in December. Ibstock is the UK's largest brick producer and was previously quoted on the LSE before being bought by CRH. Quotes in the press include the expected continuing shortage of UK brick supply and growing imports from Europe, prices still hardening, no recent "significant" investment (other than Ibstock) in expanding UK production. Michelmersh's modest expenditure presumably viewed as being no worth mentioning!Obviously Bain is trying to secure the maximum price it's shares, but the info being put out currently should do no harm for Michelmersh's share price. If the info being put out is actually true, the share price may deserve to be higher on a fundamental view. If Ibsock is successfully quoted it's PE may affect that of MBH.
smilingmickey1
14 Sep 2015
Re: Hosking Hosking now over 17%!
