Bonkers Bargains: resilience in a tough market
The UK construction materials sector is firmly out of favour, reflected in the moribund share prices of many companies. This presents an opportunity to pick up shares in good-quality companies trading at rock-bottom valuations. One such cash-rich company is our Bonkers Bargain opportunity here, with the security of plenty of tangible assets and cash. In a very challenging market the latest results offerred reassurance, highlighting the quality of this excellent business.
In the construction sector gloom, one small AIM company covered here, manufacturing specialist, high-quality products, looks particularly appealing to us.
Specialist manufacturer
Established in 1997, Michelmersh Brick Holdings (AIM: MBH) has developed into a major presence in the UK brick market, producing over 122 million clay bricks and pavers each year.
The UK brick market is dominated by three large players. UK-listed Ibstock (IBST) and Forterra (FORT) have 43% and 28% market shares respectively, followed…
Continue reading our content…
- Unlimited access to our market-beating portfolios
- In-depth coverage of many of the world’s great companies
- Unique insights from our top research team
- Company and markets insights
- Sponsored content
- Podcasts
Previous article Next article
DON'T MISS OUT!
Get top investment ideas to help safeguard and grow your wealth.
Invaluable insight from the exciting world of smaller companies.
REGISTER FREE
More on Michelmersh Brick
Bonkers Bargains: resilience in a tough market
The UK construction materials sector is firmly out of favour, reflected in the moribund share prices…
Episode 39 of the Investor’s Champion Podcast
In this episode of the Investors Champion Podcast, hosts Chris and Lee dive into the controversial…
