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Michelmersh Brick (MBH)     

dreamcatcher - 11 Jan 2013 18:21




Michelmersh Brick Holdings was established in November 1997 to enable the acquisition of Michelmersh Brick & Tile and Dunton Brothers.

Dunton makes traditional bricks at Ley Hill, Buckinghamshire and Michelmersh Brick & Tile is a long established business manufacturing premium quality bricks and tiles operating from a site near Romsey, Hampshire.

In February 1999, the business of Charnwood was acquired in Leicestershire. Charnwood has an excellent reputation for high quality handmade bricks for building and restoration projects. Charnwood Bricks were recently used in the restoration of St Pancras Station.

In February 2000, the Company acquired Blockleys in Telford, the leading producer of specification wire cut bricks and clay pavers. The 100 acre site also includes a quarry and landfill operation and some 80 acres of land on which a phased residential redevelopment scheme has been approved in outline by the local planning authority.

The Group has consistently invested in its plant to maximise the efficiency and quality of its product.

In 2004 shares were offered to the public as the business was successfully floated on the AIM Market.

In 2009 Hathern Terra cotta was established at our Charnwood plant continuing over 100 years of tradition in the manufacture of faience. Already work has been won at the Savoy Hotel and Victoria and Albert Museum.

Our most recent acquisition is Freshfield Lane Brickworks, the leading manufacturer of clamp-fired stock bricks based near Haywards Heath. The business has built a strong reputation for excellence in the production of distinctive, clamp fired, multi-coloured stock facing bricks and pavers targeted at the niche premium segment of the market.

The Group now employs over 300 people at its five plants and has an annual capacity of some 70 million pieces.

The latest acquisition has reinforced our position as Britain's Brick Specialists. Our skills, service, range of products and well invested plant combine to provide distinctive products not only that we can be proud of, but that also give value and pleasure to our customers, those involved in design and construction and to generations to come.


http://www.mbhplc.co.uk/about-us

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Chart.aspx?Provider=EODIntra&Code=MBH&SiChart.aspx?Provider=EODIntra&Code=MBH&Si

mentor - 14 Apr 2015 09:25 - 104 of 203

That was a silly game of Frank Hana

Buys 18K and then a couple days later sell 183K +wife

dreamcatcher - 27 Apr 2015 16:33 - 105 of 203

Shortage of bricks and bricklayers could weigh on housing recovery, say builders

Mon, 27 April 2015



Shortage of bricks and bricklayers could weigh on housing recovery, say builders



A shortage of bricks and bricklayers in the UK is threatening to undermine efforts to alleviate the housing crisis, house builders have warned.
A report from the Federation of Master Builders said 50% of construction businesses in its quarterly survey were finding it difficult to hire bricklayers, with carpenters and joiners also proving hard to obtain.

"Brick manufacturers are working hard to reignite their kilns which were mothballed during the recession," Brian Berry, chief executive of the FMB, told the Telegraph.

The Federation, which represents small and medium-sized building firms, added that almost two-thirds of its firms faced a two month wait for new brick orders, with almost a quarter of builders waiting for up to four months and 16% facing a wait of between six and eight months.

"Solving the housing crisis has been one of the hot topics during this General Election campaign and we welcome the renewed focus on house building by all the main parties," Berry said. "Although each party has its own distinct plans for how the next Government should boost house building, all of them agree it must be a priority.

"The results of our latest survey expose continuing threats which could undermine their plans."

dreamcatcher - 27 Apr 2015 17:23 - 106 of 203

Looking like house builders will have to pay more for bricks, with demand out stripping supply. Bodes well for this company.

cynic - 27 Apr 2015 17:47 - 107 of 203

i already have some in my sipp as i don't see this as a trading stock

dreamcatcher - 13 May 2015 20:55 - 109 of 203

Michelmersh Brick Holdings PLC (MBH:LSE) set a new 52-week high during today's trading session when it reached 80.10. Over this period, the share price is up 11.35%.

dreamcatcher - 20 May 2015 15:58 - 111 of 203

AGM Statement
RNS
RNS Number : 6473N
Michelmersh Brick Holdings PLC
20 May 2015

20 May 2015

Michelmersh Brick Holdings PLC

("MBH", or the "Group")

AGM STATEMENT





Michelmersh Brick Holdings PLC (AIM:MBH.L), the specialist brick, land development and landfill company, announces that, at its Annual General Meeting (AGM), which is to be held at 10.30 am today, Mr. Eric Gadsden, Chairman, will make the following statement:



"I am pleased to report that the Company has continued to perform strongly in the first four months of 2015. Demand has been strong and deliveries are up by 10% on the same period in 2014, partly as a result of the increased capacity at Freshfield Lane. We have also seen continued price improvement as the brick market adjusts to current activity levels in the construction sector. We are actively assessing opportunities to further invest in our manufacturing plants to reduce costs and secure longevity of operations.



"The Board expects continued strong trading and high demand for its premium product and consequently anticipates that the Group will meet current market expectations for the year to 31 December 2015.



"The Board continues to address opportunities with ancillary land assets at the Charnwood quarry and the former Dunton brickworks site and expects to report positive progress through the year.



"The Group remains uniquely placed in an industry with high barriers to entry. We remain well-financed and positioned to benefit from higher demand for bricks in the UK. Our market position, asset base and enhanced shareholder register gives the Board optimism about our future prospects."



cynic - 13 Jul 2015 09:00 - 112 of 203

old pal GF highlighted this one for me several months back, and it gently chugs north ...... well worth the investigation and investment

Chris Carson - 13 Jul 2015 09:20 - 113 of 203

Bollocks cynic If your going to give credit for this one look at the name in the header DREAMCATCHER. GF my arse if you look back through the thread his only contribution was to flag up a double top LOL!!!

cynic - 13 Jul 2015 10:00 - 114 of 203

i am pretty sure GF raised this one for me on ADVFN, but does it actually matter?
the point was to show that it was not my idea

Chris Carson - 13 Jul 2015 10:07 - 115 of 203

Oh really, under what user name was the physcho using that day then?

cynic - 13 Jul 2015 10:26 - 116 of 203

oh just grow up and don't be so pathetic

dreamcatcher - 17 Jul 2015 19:47 - 117 of 203

Interim results Monday 20 July

skinny - 20 Jul 2015 08:20 - 118 of 203

Half Year Results for the six months ended 30 June 2015

Financial Highlights:
· Turnover increased by 13% over H1 2014
· Gross margin increased by 5.3% to 38.6% over H1 2014
· Operating Profit £2.7 million comparable to £1.4 million in H1 2014
· Cash generated from operations £2.8 million (H1 2014: £0.0 million)
· Net debt at £0.8 million (H1 2014: £5.3 million)
· Dividend paid 0.5 pence per share- first dividend since 2007

Operational Highlights
· Completed the Freshfield Lane project to increase capacity at the plant by 20%
· Increase in first half production volumes from 34 million in H1 2014 to 35 million
· Despatch volumes of 36 million (H1 2014: 34 million)
· Average selling price increased by 9% over comparable period
· Ceased landfill operations at Telford
· A new corporate video giving an insight into the Company's operation is now available to watch on the Company's website: http://www.mbhplc.co.uk/media

Board Changes

cynic - 20 Jul 2015 08:31 - 119 of 203

profit-taking on results gives good buying opp

dreamcatcher - 24 Jul 2015 14:15 - 120 of 203

IC - Shares in Michelmersh Brick fell 8%in early trading after the Uk's leading independent brick maker indicated that activity in the second half of the year will slow down from a very busy first half. But returning to a more sustainable rate of growth has to be welcomed, and the groups prospects remain underpinned by the continuing imbalance between supply and demand in the housing market

cynic - 24 Jul 2015 14:17 - 121 of 203

that relates to 20/7
sp now 93/94 again so back near peak

dreamcatcher - 24 Jul 2015 14:20 - 122 of 203

Yes. Doing well .

mentor - 19 Oct 2015 09:26 - 123 of 203

Not any longer now 93.50p-8p
did not look what is wrong with the RNS for such a drop afterwards

BIGGER MOVERS

Michelmersh Brick (MBH), up 1.97% to 103.5p, is likely to exceed the market expectations for FY pretax profit. The results for the full year are scheduled for release on 21 March 2015.
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