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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

magicjoe - 14 Jan 2013 15:12 - 4 of 203

What it atracted me was not only the Posible recovery play being on the construction business but the NAV of 60p when I bought some last Friday.

Some large trades at middle price reported late, look like any overhang was cleared, so any buying is pushing the share price on the way up now.

Chart.aspx?Provider=Intra&Code=MBH&Size=Chart.aspx?Provider=EODIntra&Code=MBH&Si

dreamcatcher - 14 Jan 2013 15:32 - 5 of 203

Same thoughts MJ. :-))

magicjoe - 14 Jan 2013 23:01 - 6 of 203

dreamcatcher

re - Net asset value 60p

The key to the brick-maker's value is its asset value. The company buys land from which it extracts clay to make bricks, then allows landfill on the land before selling it on for development.

Michelmersh now has over 2.5 times its valuation in net tangible assets, though the real value may be greater as the land is accounted for on the balance sheet at cost, not as development land.

dreamcatcher - 15 Jan 2013 07:36 - 7 of 203

I think we both have spotted the company potential

magicjoe - 15 Jan 2013 09:25 - 8 of 203

The move up is on the bid today after MMs forgotten to do so on the afternoon buys yesterday.

Narrowing the spread is allway a good thing 26 / 27p now

dreamcatcher - 16 Jan 2013 09:42 - 9 of 203

Back up to the 2013 high this morning.

magicjoe - 16 Jan 2013 10:07 - 10 of 203

It seems MMs are moving the prices up and down as they fancy.

Lets hope there is a large delay buy or buys

dreamcatcher - 16 Jan 2013 10:10 - 11 of 203

Keep hold of this one mj.

magicjoe - 16 Jan 2013 10:45 - 12 of 203

another nice rise on small size buying

dreamcatcher - 16 Jan 2013 10:47 - 13 of 203

Did you pick up any AUG Mj another recovery play on the move, not so at the moment as this one.

magicjoe - 16 Jan 2013 10:57 - 14 of 203

Not yet is on the watch list, but as so many.
naturally is a question of how big is your bank account for shares.

magicjoe - 16 Jan 2013 15:32 - 15 of 203

Another good move up at both sides 27 / 28p highest so far

Some good size buys earlier on

dreamcatcher - 16 Jan 2013 15:34 - 16 of 203

Anyone who risked investing here well done, as I said in the heading the sp was priced for failure.

dreamcatcher - 16 Jan 2013 15:36 - 17 of 203

Heading for the whacking re-rating.

dreamcatcher - 16 Jan 2013 15:37 - 18 of 203

Near on 50% up since Friday 11th Jan

magicjoe - 16 Jan 2013 15:41 - 19 of 203

Some interest this afternoon again and MMs covering their #rse just like the other day with a large spread at the moment, most likely do not want the share price to explode.

wonder if a large trade to be reported later

Chart.aspx?Provider=Intra&Code=MBH&Size=

dreamcatcher - 16 Jan 2013 15:43 - 20 of 203

It does move with the low volume we can see at present, there could be a large buy
in the back ground.

magicjoe - 16 Jan 2013 16:08 - 21 of 203

re - why is rising so fast

The normal thing also is MMs are short of stock, so the only way is mark the stock up till a seller comes to save their books

dreamcatcher - 16 Jan 2013 16:10 - 22 of 203

58 million shares in issue

magicjoe - 17 Jan 2013 23:15 - 23 of 203

Las month interesting news ........

Company News
Aquarian Cladding Partnership / 3rd December 2012

MBH PLC is pleased to announce its partnership with Aquarian Cladding Systems Ltd as sole providers of UK stock bricks to be used in the company’s Gebrik Insulating Brick Cladding System.

Gebrik, invented in Belgium in 1982, is an excellent brick cladding solution for either over-cladding existing buildings to improve their appearance, thermal performance and durability, or for use on new buildings to improve programme, reduce site storage and scaffold requirements and to minimise construction costs associated with supporting brickwork at height. Available in a range of brick sizes, the brick slips are cast in polyurethane under factory controlled conditions to create approx 1m² prefabricated, composite sheets, which can be mechanically fixed to masonry, timber or steel frame substrates on site.

The partnership between MBH and Aquarian Cladding brings a range of stock brick finishes to the Gebrik range, all carefully selected for their superior quality, appearance and technical specification. The extensive choice of finishes now includes First Quality, Selected Dark and Danehill Yellow Facings from Freshfield Lane, and Hampshire Red, Sussex Red and Victorian Red handmade bricks from Charnwood. The combination of MBH’s products and arguably the best tested and most cost-effective brick cladding system in Europe delivers a traditional, high quality finish to brick facades in an innovative system that is easy and fast to install and provides excellent energy efficiency.

Aquarian Cladding Systems Ltd is the exclusive UK distributor of the Gebrik system and has been providing technical, commercial and installation support to architects, contractors and specialist installation contractors since 2007. During this time Gebrik has been used to refurbish ageing housing stock and school estates, in addition to cladding new buildings, such as leisure centres, academies, student accommodation and of course, new housing. Aquarian has also worked with off-site volumetric building manufacturers and unitised curtain walling specialists.

Gebrik is BBA certified and has been successfully tested to the stringent CWCT and BRE standards ensuring it satisfies building insurers and local building control officers alike.

Gebrik will:

Improve build quality
Reduce a traditional brickwork programme
Reduce wall thickness
Improve thermal performance
Reduce the facade loadings on foundations and frames
Minimise site storage and deliveries
Eliminate the requirement for scaffold
Reduce the dependence on good weather
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