Ibstock Share Price (IBST)

We desperately need interest rates to drop for a lot of companies to survive. It's killing a lot of business, this included.

The remarks on positive lead indicators probably made the market take the update well. If HY falls short then it could struggle still. Obviously this sector will recover and do well, it just could still get worse before it gets better.

Agree with you Sid. Update is as expected. Dividend payments (due in a few weeks) keeping me holding this . We await the building industry picking up ! Re IPO 's most of these are down, I don't bother with IPO's these days.

Poor performance in share price since IPO yes but still paid out 35% of IPO price in dividends since that's without any compounding/reinvesting. Market conditions are pretty poor, interest rates highest they've been in 15 years. Many small construction companies are ceasing trading all impacts. They seem to be managing current risks, Still great believer this will come good 3-5 years.

Not really. Just one of many (most?) examples of where a buy and hold strategy in the stock market does not work very well, IMO.

Certainly insofar as recent times anyway.

Plenty of opportunities to trade/top slice in this one since then. Not to mention solid dividends too.

Anyway, you are still above the 200 DMA, so might have a nice little swing trade opportunity soon.

Whether it remains above the 200 in the weeks ahead, is the big question in my mind.

That tempting dividend might do the trick, although IMO a potential trap too.

But with a long term investment horizon in mind and as part of a diversified p/f, I would not be overly worried if I was a holder here, FWIW and of course, only IMO. GLA.