Ibstock Share Price (IBST)

Yes interest rates need to drop but Ibstock are not competitive in the market place at this time. Other manufacturers, in particular Irish manufacturers are exporting significant quantities of product into the UK and still offer competitive pricing compared to UK producers. This is particularly apparent with concrete brick, which is taking market share from clay brick producers like Ibstock.

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.