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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

Flag Counter

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

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.

mentor - 19 Oct 2015 09:34 - 124 of 203

results will be ............21 March 2016. not 2015
The culprit ..........Delivery volumes are below previous expectations as a result of a softening of the market.

The RNS

Michelmersh Brick Holdings Plc (AIM: MBH), the specialist brick manufacturer and landfill company, today reports to the market on a better than expected trading performance in the second half of the year to 31 December 2015, achieved through operating efficiencies, continued low energy costs and aided by the additional capacity from Freshfield Lane. Delivery volumes are below previous expectations as a result of a softening of the market, however average selling prices are ahead of those budgeted. As a consequence, the Group is likely to exceed the market expectations of profit before taxation for the year. The results for the full year are scheduled for release on
21 March 2015.

skinny - 19 Oct 2015 09:43 - 125 of 203

MBH Replacement: Trading Statement

cynic - 19 Oct 2015 11:05 - 126 of 203

imo, this looks a damn good time to buy .... for myself, i already have enough

to me, this was actually the interesting bit .....
the Group is likely to exceed the market expectations of profit before taxation for the year
so it is probably just the short-term s/b traders and similar who are (being obliged) selling up

dreamcatcher - 19 Oct 2015 17:30 - 127 of 203

Shares - Market nervous over Michelmersh beat


Falling delivery volumes weighed on brickmaker Michelmersh (MBH) and shares in the £82 million cap are 6.4% lower at 95p despite reporting that a better than expected trading performance in the second half of the year to 31 December 2015 would mean that full year profit before tax was likely to exceed market expectations.

Supporting this expected beat are a combination of factors including further operating efficiencies, continued low energy costs as well as additional capacity from the group’s Freshfield Lane facility.

Michelmersh blames softening market conditions for the lower delivery volumes but assures the market that this has been more than offset by average selling prices being ahead of those budgeted.

The update has prompted an upgrade from Cenkos Securities with a full year 2015 profit before tax of forecast of £4.2 million compared to the previous forecast of £3.8 million and earnings per share of 4.1p.

dreamcatcher - 19 Oct 2015 17:33 - 128 of 203

Anyone interested in MBH may not have seen this -


dreamcatcher - 02 Oct 2015 21:05 - 426 of 430 edit this post
Ibstock (Brick maker ) has announced plans to float.


http://www.ibstock.com/


the UK’s biggest brickmaker. We have 20 factories nationwide and a range of over 500 different bricks and rainscreen cladding systems.

cynic - 19 Oct 2015 17:35 - 129 of 203

my average price is 83.5 and i confess i am tempted to buy a few more - pure greed :-)

cynic - 19 Oct 2015 17:36 - 130 of 203

ibstock
true, but there'll prob be much hype to start with, but be aware that once the lock-in period expires, many could be dumped on the market

dreamcatcher - 19 Oct 2015 17:39 - 131 of 203

Perhaps best to sit back and watch for a time.


Worth a watch.
michelmersh-brick-boss-focus-on-efficiency-in-medium-term

cynic - 19 Oct 2015 17:40 - 132 of 203

it's not a trading stock, so this one i buy/bought to lock away in my sipp
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