delite1 Posted July 15, 2005 Share Posted July 15, 2005 "In our Interim Statement of 18th May 2005 we said that our second half performance relative to the comparative period last year would depend on the strength of the UK brick market and our ability to recover through improved prices increased energy costs faced by the whole of our industry. Consumer confidence remains uncertain and, as reported by a number of leading housebuilders, the last few months have seen a slowdown in the UK housing market. Consequently, annual demand for UK bricks has reduced in recent months and is now at historically low levels and this has meant that we have been unable to implement a price increase planned to help restore our margins." http://www.companyannouncements.net/cgi-bi...700279169O.html Quote Link to comment Share on other sites More sharing options...
Perplexed Posted July 15, 2005 Share Posted July 15, 2005 "In our Interim Statement of 18th May 2005 we said that our second halfperformance relative to the comparative period last year would depend on the strength of the UK brick market and our ability to recover through improved prices increased energy costs faced by the whole of our industry. Consumer confidence remains uncertain and, as reported by a number of leading housebuilders, the last few months have seen a slowdown in the UK housing market. Consequently, annual demand for UK bricks has reduced in recent months and is now at historically low levels and this has meant that we have been unable to implement a price increase planned to help restore our margins." http://www.companyannouncements.net/cgi-bi...700279169O.html <{POST_SNAPBACK}> Does this win the award of dullest post of the week ? Quote Link to comment Share on other sites More sharing options...
BandWagon Posted July 15, 2005 Share Posted July 15, 2005 In order to limit the increase in stock, we have taken steps to reduce output ata number of our factories. We're going to start sacking staff... Quote Link to comment Share on other sites More sharing options...
Ace Posted July 15, 2005 Share Posted July 15, 2005 Does this win the award of dullest post of the week ?<{POST_SNAPBACK}> "Awooga" Correct me If I am wrong but if there is a decrease in brick sales, then builders are building less (Hmm I wonder why) Possibly they already know there is trouble a head Quote Link to comment Share on other sites More sharing options...
Giraffe Cat Posted July 15, 2005 Share Posted July 15, 2005 Does this win the award of dullest post of the week ?<{POST_SNAPBACK}> Don't panic Perplexed, you're still on course for winning that award. Also: Troll of the week Most blinkered Most clueless Worst bull Most likley to drown in a bowl of soup Quote Link to comment Share on other sites More sharing options...
delite1 Posted July 15, 2005 Author Share Posted July 15, 2005 Perplexed how apt you should launch a vain attempt at discrediting a thread untitled "Bricking it". Quote Link to comment Share on other sites More sharing options...
Marina Posted July 15, 2005 Share Posted July 15, 2005 Does this win the award of dullest post of the week ?<{POST_SNAPBACK}> You're a w@nker Quote Link to comment Share on other sites More sharing options...
VickyPollard Posted July 15, 2005 Share Posted July 15, 2005 You're a w@nker ============================= Yeah, but - no, but Trisha Mason said that Helen was down the brickyard and I don't know why but it must have been summat to do with raising her skirt and dropping her knickers cos Perplexed works there and she said he told her that they are making less bricks which is why he had time for her behind the packing shed and she said the foreman down there - she must have had 'im as well - said that they was laying off and it sounds like there's a lot of laying off and laying on and I wouldn't touch Perplexed with a 20 foot pole if it was gold-plated and I don't know what they make bricks for...... Quote Link to comment Share on other sites More sharing options...
erd Posted July 15, 2005 Share Posted July 15, 2005 You're a w@nker<{POST_SNAPBACK}> Just click on its username, then click on ignore user. Quote Link to comment Share on other sites More sharing options...
EmpiricalBear Posted July 15, 2005 Share Posted July 15, 2005 This is far from a dull post. Brick output is a key indicator of future property market performance. A decline in brick sales forecasts a drop in property (commercial and residential) development and hence on future market valuations. Not sure what the time lag is on this, or how "just in time" brick ordering is. Quote Link to comment Share on other sites More sharing options...
delite1 Posted July 15, 2005 Author Share Posted July 15, 2005 2meterbear, I would have thought that because bricks are cheap and quick to make yet expensive to store due to their weight and volume the manufacturing of them would be dependent on demand. A little bit like a bakery, if the people are not buying, turn the oven off.Which is effectively what they are saying they are about to do. Quote Link to comment Share on other sites More sharing options...
the don Posted July 15, 2005 Share Posted July 15, 2005 in reply to other posts and as someone who has been involved in bricks for over 20 years there is some relevance.. all of the national brick companies have seen a marked slow down in bricksales in 2005. the market is the lowest ever on record. and is down 15% yoy half of brick sales go into new house building, 10% go into commercial/ public buildings( offices, schools) and 40% go into merchants for extensions etc. the market decline is a reflection on new housebuilding slowing down, presumably because of reduced house sales. it is a good leading indicator as the last time brick sales slowed at this rate was at the start of the 80's housing crash. manufacturers dont like to slow production because the kilns which operate 24/7 become inefficient and they have very high fixed costs ( wages etc) . the next 3 montsh will be interesting to say the least. Quote Link to comment Share on other sites More sharing options...
MarkG Posted July 15, 2005 Share Posted July 15, 2005 Ah, but less bricks mean less houses, which means lower supply, which means prices will go up! Quote Link to comment Share on other sites More sharing options...
justanewbie Posted July 15, 2005 Share Posted July 15, 2005 I would suggest that specifics are required here : basically London Stock volumes are down by 3.6% on the fiscal year whilst paving and Gaults are showing a marginal increase, in the south-east, of 0.5% but this is probably becuase of the discontinuation - before Easter - of Weathered Derby. Meanwhile, Red and blue Engineers are showing signs of stability on a rate-for-rate (pro rata) level although this could well be.... WOULD YOU KINDLY WAKE UP WHILE I AM TALKING ! Quote Link to comment Share on other sites More sharing options...
RJG18 Posted July 15, 2005 Share Posted July 15, 2005 (edited) Brick output is a key indicator of future property market performance. A decline in brick sales forecasts a drop in property (commercial and residential) development and hence on future market valuations. <{POST_SNAPBACK}> Wouldn't count on it. My Commodities Futures in Sticks, Straw and Gingerbread have just gone through the roof on NYMEX! Sorry... I'll get me coat... Edited July 15, 2005 by RJG18 Quote Link to comment Share on other sites More sharing options...
Perplexed Posted July 15, 2005 Share Posted July 15, 2005 Don't panic Perplexed, you're still on course for winning that award.Also: Troll of the week Most blinkered Most clueless Worst bull Most likley to drown in a bowl of soup <{POST_SNAPBACK}> You forgot Wealthiest Shrewdest Sharpest Oh and property owner with no mortgage and of course unique on here...... NOT DESPERATE FOR AN IMAGINARY CRASH TO HAPPEN Wanna swap ? Quote Link to comment Share on other sites More sharing options...
Perplexed Posted July 15, 2005 Share Posted July 15, 2005 You're a w@nker<{POST_SNAPBACK}> Classic !! - hello Mad Marina whats rental city like tonight ? Quote Link to comment Share on other sites More sharing options...
gone west Posted July 15, 2005 Share Posted July 15, 2005 You forgot Wealthiest Doubt that. ShrewdestSharpest hmm.. Oh and property owner with no mortgage and of course unique on here......NOT DESPERATE FOR AN IMAGINARY CRASH TO HAPPEN Wanna swap ? <{POST_SNAPBACK}> I'm a renter and also have no mortgage. Like most renters today, I am also not desperate for a property crash as I am currently paying less rent that I would otherwise be paying in an IO mortgage. There is no need to shout, we can all hear you. Quote Link to comment Share on other sites More sharing options...
sign_of_the_times Posted July 15, 2005 Share Posted July 15, 2005 You forgot Wealthiest Shrewdest Sharpest Oh and property owner with no mortgage and of course unique on here...... NOT DESPERATE FOR AN IMAGINARY CRASH TO HAPPEN Wanna swap ? <{POST_SNAPBACK}> just found your property......... Quote Link to comment Share on other sites More sharing options...
BuyInTheDip Posted July 15, 2005 Share Posted July 15, 2005 unable to increase prices.........<{POST_SNAPBACK}> Good. My extension is being done in their bricks... Quote Link to comment Share on other sites More sharing options...
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