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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mears Group Plc | LSE:MER | London | Ordinary Share | GB0005630420 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -1.00 | -0.28% | 362.00 | 179,220 | 16:35:28 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 358.50 | 359.50 | 368.00 | 356.50 | 368.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Bldg Clean & Maint Svc, Nec | 959.61M | 29M | 0.2640 | 13.62 | 394.84M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:25:09 | O | 5,981 | 362.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 19/4/2024 | 08:47 | ALNC |  IN BRIEF: Mears Group completes GBP20 million share buyback |
| 19/4/2024 | 07:01 | UK RNS | Mears Group PLC Completion of Buyback programme |
| 19/4/2024 | 07:00 | UK RNS | Mears Group PLC Grant of Deferred Bonus Share Plan awards |
| 19/4/2024 | 07:00 | UK RNS | Mears Group PLC Grant of Long-Term Incentive Plan awards |
| 19/4/2024 | 07:00 | UK RNS | Mears Group PLC Holding(s) in Company |
| 19/4/2024 | 07:00 | UK RNS | Mears Group PLC Transaction in Own Shares |
| 18/4/2024 | 13:23 | UK RNS | Mears Group PLC Holding(s) in Company |
| 18/4/2024 | 08:38 | UK RNS | Mears Group PLC Holding(s) in Company |
| 18/4/2024 | 08:37 | UK RNS | Mears Group PLC Holding(s) in Company |
| 18/4/2024 | 07:00 | UK RNS | Mears Group PLC Transaction in Own Shares |
Mears (MER) Share Charts1 Year Mears Chart |
|
1 Month Mears Chart |
Intraday Mears Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 11/4/2024 | 16:04 | A pure Jim Slater Stock | 2,010 |
| 19/11/2018 | 10:05 | Mears | 2 |
| 15/4/2013 | 16:06 | Mears | 2 |
| 12/11/2008 | 18:01 | Merrill Lynch | 5 |
| 14/2/2008 | 08:02 | Mears Group | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-04-19 16:25:39 | 362.00 | 5,981 | 21,651.22 | O |
| 2024-04-19 16:23:32 | 362.00 | 2,765 | 10,009.30 | O |
| 2024-04-19 16:23:31 | 362.00 | 181 | 655.22 | O |
| 2024-04-19 16:05:03 | 360.36 | 427 | 1,538.72 | O |
| 2024-04-19 16:04:29 | 359.49 | 382 | 1,373.27 | O |
| Top Posts |
|---|
Posted at 19/4/2024 09:20 by Mears Daily Update Mears Group Plc is listed in the Bldg Clean & Maint Svc, Nec sector of the London Stock Exchange with ticker MER. The last closing price for Mears was 363p.Mears currently has 109,831,369 shares in issue. The market capitalisation of Mears is £394,843,772. Mears has a price to earnings ratio (PE ratio) of 13.62. This morning MER shares opened at 368p |
Posted at 11/4/2024 16:04 by qs99 AbsolutelyShare buy backs should be squeezing this higher as well IMO/DYOR |
Posted at 11/4/2024 09:50 by qs99 Indeed, c.£300m EV, with pre IFRS16 EBITDA at c.£118m....Continued share buybacks will help, nice yield, let's hope there is more of the TAM for it to pick up and also improve margins....DYOR |
Posted at 15/1/2024 12:12 by johndoe23 By my calcs, could be an EV of 390M going forward.Based on a cash adjusted forward PE of 12, a share price of 500p could be achieved. And that could be Conservative! DYOR. |
Posted at 11/1/2024 08:21 by qs99 So c.£343m market cap per ADVFNNet Cash £105m AFTER last year's spend on share bb and divis of nearly £50m! EV c.£240m say £1bn revenues FY 22 EBITDA post IFRS 16 adj was c.£95m So EV/EBITDA ratio is just ludicrous IMO with this sort of cash generation no? DYOR/Views? |
Posted at 11/1/2024 08:07 by jamesgreenbury Extraordinary cash performance given £49m spent on dividends and share buybacks in 2023. |
Posted at 02/1/2024 08:25 by qs99 really quiet boardhave bought a load today and will continue to invest as IMO this just looks the wrong price & nice yield as well to help out.... DYOR |
Posted at 03/8/2023 08:55 by johndoe23 Looks decent! Any forecasts anyone could share going forward? |
Posted at 11/1/2023 15:38 by sphere25 Price 204pIt might be too early a call this, but there is some out of the ordinary activity on the book at MER, with what looks to be at least one large buyer placing blocks on the bid in icebergs of 8911. A few blocks of 8911 have already been gobbled up at that 201p mark and the order is still sat there wanting more. There is also another 8911 order at 200p. It remains to be seen how big these buy orders are. The book is fluent here and orders can get removed as quickly as they are placed, but it is something worth keeping an eye on when someone starts stepping in with blocks like this, so just keeping a watchful eye to see if there is any follow through. All imo DYOR |
Posted at 14/12/2022 09:57 by sphere25 Two days of decent exchanges here. Over 600k exchanged on Monday and yesterday we saw those stale bulls selling at around that 189p with blocks of 362k, 150k and 100k being mopped up for total exchanges of about 860k.It isn't the blow out volume that can cause a clear out of sellers in one go, but enough to keep half an eye on MER. They are coming in again this morning with a little stream of buys as I type. The order book looks better bid on the book with decent demand from 190p-194p but a 71k sell order sat on the offer at 195.5p so still sellers in size about too. Unsure if this has been tipped with this little stream of buying, but clearly there are some buyers about this week. How about some big follow through buying to cause concern for a bullish move higher in boring old MER. All imo DYOR |
Posted at 08/12/2022 10:02 by sphere25 The upgrades keep coming and they are confident on next year too. Alot of doom and gloom already in the price here.In this challenging environment, not only continued performance, but continued outperformance. Defensive, value, shift from growth to value of late, decent yield, not burdened with debt. They were getting so much work they had to turn it down. There could have been even more outperformance as the last report showed labour issues stifling further growth. After all that, it still doesn't go anywhere - just farts about in a range. Maybe the economic downturn will end up being severe. OBR forecasts for growth: 2023: -1.4% 2024: +1.3% 2025: +2.6% Unemployment to peak at 4.9%. Perhaps all that is miles off the mark with much stickier inflation and higher rates, or higher for alot longer than expected and maybe that also feeds into the likes of MER. If those figures are wrong but not miles out, then there is hope next year for many companies. It is just difficult to call the exact bottom. The wider markets aren't pricing in a severe downturn, that's for sure. It makes you wonder why MER doesn't attract at least a multiple of ten. Clearly not going to get a punchy multiple here, but just looking at some basic numbers: -->Profit to come in at £33.5m -->Average daily net cash £40m -->Versus market cap of £215m It is almost being priced to go bust. Clearly must be missing alot for it not be at least somewhere in that 250p-300p range on a small multiple expansion. I find it hard to not trade these sorts of charts, but I am in, and staying in. Maybe it won't bore your brains out someday and pop sharply higher. Perhaps some stale bulls to clear first. Until then... Yawn. All imo DYOR |
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