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Red Flags at Night – Michelmersh Brick Holdings plc

By Nigel Somerville, the Deputy Sheriff of AIM | Tuesday 21 July 2015

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I don’t have any detailed knowledge of what Michelmersh Brick Holdings plc (MBH) does, although I guess the clue is in the name. But I do know that slipping out bad news – a large director share sale -  at 5.24pm, no-one-is-watching o’clock is a bit of a Red Flag, especially when the shares are up about 28% since January and the company earlier in the day announced seemingly very good H1 results.

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