27 October 2015

Admission to trading on the London Stock Exchange


Further to its announcement of 22 October 2015, Ibstock plc (the "Company") is pleased to announce that its entire ordinary share capital of 405,500,000 ordinary shares has today been admitted to the premium listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities under the ticker "IBST".



Ibstock plc is a leading manufacturer of clay bricks and concrete products with operations in the UK and the United States. Our principal products are clay bricks, brick components, concrete roof tiles, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete products and concrete rail products. Our range of products are manufactured, marketed and distributed by Ibstock Brick, Supreme Concrete, and Forticrete in the UK, and Glen-Gery in the United States.

Ibstock Brick is the number one brick manufacturer by volume of bricks sold in the UK where approximately 80% of new build houses use brick in their construction. Glen-Gery is a major regional brickmaker in the US, and Supreme and Forticrete also hold strong positions in their respective markets. Subsidiary operations include Ibstock-Kevington, a leading manufacturer of brickwork components and Anderton Concrete, a specialist in the manufacture of concrete rail and infrastructure products.

The businesses are major manufacturers of products for the new build housing and domestic repair, maintenance and improvement markets (RMI).

We operate from 33 main sites in the UK and ten sites within the United States. We also have over 150 million tonnes of clay reserves across 23 active quarries in the UK and 29 active quarries covered by 20 active permits in the US.

well done .... called that spot on

the following is almost obvious, though the market is choosing to pretty much ignore in the sector ....
The fundamentals supporting the UK housing market remain in place. The sector continues to receive focused government support, mortgage availability is good and there remains an undersupply of new homes

158.20p +2.20p

Brokers views are well ahead of prices now

08 August 2016
Deutsche Bank: Recommendation Buy - Target Price 181.00p
Beaufort Securities: Recommendation Buy
JP Morgan Cazenove: Recommendation Overweight - Target Price 170.00p

BREAKOUT

159.20p +3.20p

Breaking out from previous intraday high of 158.50p two weeks ago

Broker Forecast - Jefferies International issues a broker note on Ibstock Plc

Jefferies International today reaffirms its buy investment rating on Ibstock Plc (LON:IBST) and raised its price target to 190p (from 170p).

That's a biggie 125K buy early on the morning and share price on the way up though only by a penny so far ......
Let's see if we can finished over 160p now, considering the market is down

08:46:53
159.50p
125,000
$199.38k

160.50p +2p (+1.26%)

Breaking the 160p mark now and looking ahead as the order book on the bit side is very strong at the moment

161p +2.50p

The stock is on the rise again on a higher BREAKOUT. MMs are manipulating the order book from time to time to flash sellers, once done up again.

165.60p +4.50 (+2.80%)

a very good start of the day as the BREAKOUT is on an is open space to 180p now

168.90p +8.40 (+5.23%)

She is really going places today with volume well over the normal at this time of the day 2 hours gone and 442K already

what a cracker this has been for you
very well done

172.50p +12.00 (+7.48%)

and the movement UP goes on and on

BUILDERS AND PLUMBERS MERCHANTS MARKET REPORT - UK 2015-2019 ANALYSIS
HTTP://www.amaresearch.co.uk/Builders_Merchants_Market_15.html

Construction related stocks best risers today
IBST despite the large rise today is still under performing the other two on the 3 month chart

Ibstock 173.15p +7.88%
Polypipe G. 281.25p +5.61%
Marshalls 297.20p +4.72%

---------------------------------- 1 month -------------------------------------------------- 3 month --------------------------------

Close the bargains at 173.50p on a T+3
running out of time of the T+20 and T+15 and share price well ahead on the upper band of the Bollinger Bands and Stochastic also at overbought

a 16.72% overage gain or 20.75% and 13.40%

"Ibstock’s legacy shareholder, Bain Capital, has sold 21% of its shareholding (40.5m shares) in the group. This equates to 10% of Ibstock’s share capital and has reduced Bain’s shareholding in the group to 37%. The placing price is 175p per share, a near 6% discount to the most recent close (186p). The backdrop to the disposal is the recent recovery in the Ibstock share price towards its 190p IPO level. We recently initiated coverage on Ibstock with an ‘Outperform’ rating. We believe the stock offers good quality exposure to what remains a structurally attractive UK brick market, despite near-term uncertainty, along with room for better returns and margins from its US operation. Current price target is 207p."

Bought some @ 164.79p,
asking for premium on a long settlement and not many shares 741 on the order book at 164.80 offer

reasons: Had a large drop from 183p after a placing last week, should be ready to bounce from here as it gets some equilibrium at those lower prices. Current price target is 207p and EPS of 19p so on a forward PE of 8.67

166.10 v 166.70p

Still early days but the share price is up from the price I bought and for the day, but most important the order book is now stronger on the bid side

DEPTH 27 v 24

was 18 v 25 earlier

167.10p 1.20p (+0.72%)

What have change the direction on today's share price, a large buy early this morning delayed, just appeared on the ticker

09:48:55
175.2625
600,000

Finishing with a Candlestick "hammer" would be very bullish

170.10p +3.00 (+1.80%)

The bounce is on and is strong

166.25p

moving ahead very strongly this morning after holding around lows lately
strong order book
DEPTH 27 v 20
Showing a clearly double bottom shape on the chart .... W



useless MAM charts, with spikes everywhere

Britain sets out 5 billion-pound homebuilding boost - Reuters

Britain launched a 5 billion-pound homebuilding stimulus package on Monday, including plans to borrow 2 billion pounds to help address a long-term housing shortage that has become a major economic problem.

The announcement comes on the second day of the ruling Conservative Party's annual conference, which the government is using to set out how it wants to leave the European Union and tackle social divisions exposed by the June Brexit vote.

Appealing to voters who have been shut out of the housing market by years of rising prices and tight lending conditions, the government said it wanted to spend 2 billion pounds to boost housebuilding by using surplus public land and helping new homebuilders into the market.

"We'll use all the tools at our disposal to accelerate housebuilding and ensure that over time, housing becomes more affordable," finance minister Philip Hammond said in a statement before his speech to the conference.

Hammond will also promise to deliver a new economic plan next month, citing a need to balance the competing demands of fiscal discipline and long term investment as Britain comes to terms with its EU exit.

The government also outlined how a 3 billion pound stimulus fund, made up of money already earmarked for housing, would be used to fund 1 billion of short-term loans to small homebuilders and 2 billion in long-term infrastructure projects.

The new fund would help build 25,000 new homes by 2020 while the plan to use public land would enable the building of a further 15,000 in the same period.

Those targets are modest compared to the estimated 300,000 homes per year that a committee of lawmakers estimate Britain needs to meet demand and cool price growth. The country has not built more than 200,000 homes in single year for a decade.

Although the housing market has shown signs of cooling since the vote to leave the EU, a chronic shortage of properties keeps prices out of the reach of many young and low-income Britons.

Hammond's predecessor, George Osborne, made several attempts to speed up home building during his six years in the job.