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MER Mears Group Plc

367.00
0.00 (0.00%)
Last Updated: 12:27:33
Delayed by 15 minutes
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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 367.00 367.00 367.50 369.00 362.50 368.00 52,324 12:27:33
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Bldg Clean & Maint Svc, Nec 959.61M 29M 0.2640 13.90 403.08M
Mears Group Plc is listed in the Bldg Clean & Maint Svc sector of the London Stock Exchange with ticker MER. The last closing price for Mears was 367p. Over the last year, Mears shares have traded in a share price range of 194.50p to 374.00p.

Mears currently has 109,831,369 shares in issue. The market capitalisation of Mears is £403.08 million. Mears has a price to earnings ratio (PE ratio) of 13.90.

Mears Share Discussion Threads

Showing 2276 to 2299 of 2300 messages
Chat Pages: 92  91  90  89  88  87  86  85  84  83  82  81  Older
DateSubjectAuthorDiscuss
26/3/2024
16:20
Next trading update will be on 26th or 29th of April
phg87
26/3/2024
10:32
Anyone know when results are due
johndoe23
20/3/2024
16:07
Jumped in today as flagged on my watchlist.

Looks like a great stock with room to move to 400 now (DYOR).

A quiet board too is usually a good sign also!

phg87
22/2/2024
17:06
Graph looking great
qs99
22/2/2024
08:49
And let the squeeze on buy-back begin! DYOR
qs99
20/2/2024
10:05
Why would anyone sell at this level?
johndoe23
20/2/2024
07:25
That is a material buy-back number....not sure how tightly held these are but £20m should IMO help boost this share price ...DYOR!
qs99
15/2/2024
10:21
I would agree with that
johndoe23
15/2/2024
10:03
The quiet ones usually are the best stocks.
traderglt
15/2/2024
09:45
Board so quiet
johndoe23
23/1/2024
12:06
Possible this could drop back to where it gapped up. 315-320p area. Nice entry point
johndoe23
15/1/2024
12:12
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.
johndoe23
12/1/2024
09:01
Stocko has updated. 28p earnings next two years, looks conservative
johndoe23
12/1/2024
08:40
This looks too cheap
nico115
12/1/2024
08:23
Expecting this now to start to trend much higher, wonder if there are any new broker notes out yet?

DYOR

qs99
11/1/2024
08:55
Good morning and thanks useful. EBITDA should be a good guidance to cash gen IMO/DYOR so am happy using both metrics....GLA
qs99
11/1/2024
08:52
I'd say average cash of 75m is a more useful number (excellent that the company publishes this) and this may be lower after the buybacks/divis at the end of the year. I don't use EBITDA (per Charlie Munger) and look at their EBIT measure (before amortisation of acquired goodwill) of 43. So EV say 275 and EV/EBIT OF 6.4x
jamesgreenbury
11/1/2024
08:21
So c.£343m market cap per ADVFN
Net 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?

qs99
11/1/2024
08:12
Indeed....may buy some more....
qs99
11/1/2024
08:07
Extraordinary cash performance given £49m spent on dividends and share buybacks in 2023.
jamesgreenbury
02/1/2024
08:25
really quiet board

have 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

qs99
12/9/2023
20:25
What does this have to do with Mears?
buffettjnr
03/8/2023
07:55
Looks decent! Any forecasts anyone could share going forward?
johndoe23
03/8/2023
06:42
Looks good to me.

David Miles, Chief Executive Officer of the Group, commented:

"We are delighted to deliver strong results for the first half year, with record levels of revenues, profits, and daily net cash. This strong momentum is expected to continue through the second half, and we have today further increased our FY23 guidance. The excellent financial performance is testimony to the strategic actions taken in recent years, our investment in resilient operating platforms, and a committed and engaged workforce with a shared desire to deliver the highest level of customer service in the affordable housing sector."

someuwin
Chat Pages: 92  91  90  89  88  87  86  85  84  83  82  81  Older

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