Mears Share Discussion Threads

[mitzis] 08/11/2005 09:55

Connaught profits up 27%.. not bad.

[cambium] 07/11/2005 17:37

Cheers Tinker, sorry I didn't mean to probe agressively.

Nice tick up at the end, maybe someone has seen connaught's numbers

[tinker] 07/11/2005 17:02

Cambium, well it's a good question I suppose, but we may find comments about market sector conditions, acceleration of demand in the social housing sector etc etc from the Chairman's statement. Same sector, same capitalisation, same PE give or take a point or two. Not earth shattering I agree, but possibly of iterest.

[tinker] 07/11/2005 14:33

Final results from Connaught tomorrow may give us a clue about MER.

[deehill] 06/11/2005 11:54

Oh yes. Its on my list..awaiting the realisation of monies from other trades. It was my opinion, when it went past 168p that there was roomn for a downturn..and there was. Question is whether it has further to fall. Its still getting puffed, so theres the possibility that the are journalists out there who have some stock to unload. All that, however, does not detract from the fact that we might have a wee touch of the Mears about this one. Can we repeat our previous successes?I can see this one - minus all the frenzy - touching 137 before a recovery and that would be a trigger for me.

[cambium] 05/11/2005 21:43

Anyone else considering INSP

[tinker] 04/11/2005 16:03

"My name is deehill and I am a mearsoholic"

[cambium] 04/11/2005 15:44

SCSW out this weekend I think, should be a good update

[deehill] 04/11/2005 15:36

Oh Glory be. Another 'lost' weekend, courtesy of Mr Holt and his merry band. I think I will have to leave something to A.A. - since they are the ones who have dedicated their lives to 'saving' me.(but with Aberlour Malt 100% at $17 a bottle how can they compete?)

[tinker] 02/11/2005 13:33

Aegon ups its stake

Mears Group PLC
02 November 2005


MEARS GROUP PLC ("the Company")

2 November 2005

HOLDING IN COMPANY

The Company today received notification from AEGON Asset Management UK plc,
that, following a purchase of 197,865 ordinary shares of 1p each in the Company
("Shares"), the AEGON UK plc Group of Companies has a resultant interest in
4,237,376 Shares, representing approximately 7.25% of the Company's issued
ordinary shares.

[tinker] 31/10/2005 11:59

Further evidence of how MER is accelerating growth, at the end of 2001 the order book stood at 150m against turnover of 69m just over twice turnover.

Today it stands at 960m - more than 5 times 2004 turnover.

[m.t.glass] 31/10/2005 11:12

£600k X-trade just went thru. Might mean something, might not.

[tinker] 31/10/2005 10:00

deehill, no chance of that. The money stays 'in the bank'

Cambium, Greystone used to send out a bottle of bubbly for the post of the week. I was lucky.

[deehill] 31/10/2005 09:48

Dont go spend it yet, boys.

[tinker] 30/10/2005 17:38

Interesting... I went back to a thread on Mears, I started in October 2002 (won a bottle of shampers for it too). Anyway I wrote at the time:

"Holt's target is capitalisation of £150m in 2/3 years (currently £38m) He's looking for 25% eps growth year on year (but doesn't want to be held to that like Rentokil)".

Today 3 years later the capitalisation is 158m and annual eps growth over the 3 years has averaged 34%.

So 'four times its present size' could well be right.

[deehill] 30/10/2005 11:35

As a concept, the service provided by Mears is expandable by leaps and bounds BUT, possibly, enters areas where the profit is still there but the risk a tad greater. Even the stupid Socialists cant underwrite everything (just provide jobs for their supporters. God, what a sort out is going to come when there IS a change of power in the UK.)
Expansion into the Private area is not beyond belief. There are an ASTOUNDING number of people who would willingly pay for an overall maintenance contract on their property and can afford to do it. I can see a time when this company could be more than four times its present size, with commensurate values being shown in its share price.

[billfisher98] 29/10/2005 15:13

Just looking through last months SCSW and noticed that this also mentions the 448p target that Numis has:

'Mears has already impressed analysts in its ability to manage stock market expectations. Numis forecasts 11.2p for the year to 31 December, with 13.6p and 15.5p over the following two years but Mears has openly stated an ambition to continue growing its earnings by 40% for the foreseeable future, so upgrades look likely. The broker has set a 12 month target of 448p. Keep buying.'

[deehill] 29/10/2005 13:36

And. All this happens whilst Mr Holt disports himself in Spain - and good luck to him.
What a magnificent achievement by Mr Holt AND his able team. Truly one can be proud of a company that takes advantage of the stultifying boredom of the British nanny State and translates its efforts to *15 in Europe. Just goes to show that 'there's Brass to be made out of most anything'
That the success of this company is on the back of yet another layer of unwanted and unproductive Local Council officials is to be commended. Perhaps we should ask Mr Holt and his team to pay attention the the N.H.S. where the overlay of useless administrative employee's is beyond belief.
Nevertheless. In a country that is paying so dearly for its Socialist Jobs for the Boys policies, its nice to think that there is still money to be made by honest service and toil.

[tinker] 27/10/2005 13:04

Torremolinos no but if it was Torrevieja, I might go myself.

[deehill] 27/10/2005 10:49

It was going to be torreoro - torremoliy - torreoleo )H the hell with it BARCELONA !!!

[tinker] 27/10/2005 09:38

and then . . .


OUTSTSANDING EMPLOYMENT GROWTH EARNS MEARS GROUP PLC 15thPLACE ON '2005 EUROPE'S 500' LISTING
Mears the national social housing planned maintenance and responsive repair contractors, have been placed 15th amongst the fastest growing European companies included in the 2005 'Europe's 500' listing. 'Europe's 500' is the annual ranking of high growth, job creating companies published by Europe's 500 Entrepreneurs for Growth and supported by Microsoft and KPMG.

This year's five hundred dynamic, entrepreneurial-driven companies who qualified for 'Europe's 500' have managed to sustain growth since the year 2001, boosting employment and sales at an impressive average annual rate of 14%.

Entrepreneurs for Growth state that, despite the challenging business environment, those in 'Europe's 500' listing have created more than 130,000 jobs across Europe in three years.

Stuart Black, Mears CEO said,

"We are delighted to have made the 'Europe's 500' list. It is a reflection of not only our business growth but our efforts in providing excellent customer care; our tenant focused approach; investments in apprenticeship schemes and the quality of our service delivery".

Martin Schoeller, President of the association Europe's 500 Entrepreneurs for Growth commented,

"The Europe's 500 ranking shows that growth is not industry or sector specific. Companies that qualify for the 'Europe's 500' manifest entrepreneurial leadership, innovation, job creation, vision and market expertise. These are essential qualities that support the European Council's strategy for sustainable growth".

The 'Europe's 500' listing identifies rapidly growing European companies for their employment creation and rapid growth. Mears Group will be officially recognized and honoured for its remarkable business achievements and growth in employment at the Europe's 500 Awards Dinner on 19th November in Barcelona, Spain.

[tinker] 27/10/2005 09:34

MEARS GROUP PLC SCOOPS AIM AWARD FOR BEST PERFORMING SHARE OVER 5 YEARS AND DECADE OF EXCELLENCE AWARD

Mears Group PLC was voted 'Best Performing Share over 5 Years' and the 'Decade of Excellence' Award at the tenth annual AIM Awards ceremony sponsored by PricewaterhouseCoopers in association with the London Stock Exchange, on 13th October.

AIM is the London Stock Exchange's market for young and growing companies from all over the world and the Awards recognise the outstanding companies quoted on the market across a range of categories.

Since its launch in 1995, over 2,700 companies have chosen to join AIM and in 2005, a total of £4.95 billion has been raised and 389 companies have been admitted to AIM including 78 international companies.

Mark Speller, partner, PricewaterhouseCoopers Corporate Finance, said: "Given PricewaterhouseCoopers strategy to support growth companies, we are naturally delighted by the way in which the AIM awards has showcased so many of the success stories from AIM's first ten years. We commend in particular Mears as one of the winners of the Decade of Excellence awards, who have really helped put AIM on the map."



So here's to the next 5 years!!!