image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Primary Recommendation

Ibstock - Supplier of clay bricks benefits from industry wide shortage

February 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • IBST
  • Price:
  • 220p
When we featured retirement homebuilder McCarthy & Stone (MCS; 272p) last month, one standout fact was the remarkable fifty-fold increase in average house prices from £5,000 in 1970 to £251,000 in 2013 and while this is great for down sizing baby boomers, it’s also hard on the millennium generation trying to climb the property ladder. In order to accelerate the supply of new homes the Government has introduced an amazing 40 pro house building policies worth a staggering £18bn and this alongside very cheap mortgages and buoyant consumer confidence means the good times are expected to keep rolling for residential construction. This is also excellent news for recent FTSE-250 entrant, Ibstock, the UK’s large ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Ibstock (January 2021)
Ibstock - Supplier of bricks to UK housebuilders could benefit from surge in transactions after cut to stamp duty (October 2020)
Ibstock (July 2020)
Ibstock (May 2018)
Ibstock (October 2017)
Ibstock (May 2017)
Ibstock - EPS forecast of 19p and 22p over 2 years (May 2016)
Ibstock (March 2016)
Ibstock - Strong debut for UK's largest brick maker (January 2016)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X