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.

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 ...

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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.

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