Mears Share Discussion Threads

[volsung] 31/12/2008 13:02

SOLA was very nice. Have a great New Year scurfiee

[scurfiee] 31/12/2008 12:17

volsung - hardly ever check in here - yes, we're doing well at the mo. You'll be pleased with sola also. All the best.

[volsung] 30/12/2008 15:19

Unfortunately sold at 1.48 Just what NT tells us not to do. Run the winners...I will run the winners...I will run the winners...Still a profit is a profit.

[joshalexander] 30/12/2008 15:12

The Bears have gone very quiet.

[volsung] 18/12/2008 15:45

You here too scurf? Bought a few SOLA today. DGO getting stuffed by the crude price :(

[volsung] 18/12/2008 15:43

In for 1000 at 238.6 Naked trader seems to like it.

[scurfiee] 15/12/2008 09:30

I bought at 299, so have no choice but to hang on.

[eenyweeny] 14/12/2008 20:27

Maybe price reacted just as players guessed it would when it hit 1000 day Exponential Moving Average, exactly as would be expected in bear market conditions.



zoomed in. . .





I am not a holder of this stock. I am interested however as a potential and I am watching this 1000 day EMA closely. If price can get above in these current conditions then that would impress me! However if the 1000 dema resistence holds price back then I think price will drop back further for a while before building strength for another upward move. Such an outcome could be weeks or even months.
I do not want to fall for some kind of suckers rally. I am more wary than eager!

[scurfiee] 11/12/2008 15:38

saltaire111 - don't think I've posted here before, but held for a while. I was puzzled also but put it down to profit taking. Doing well again today though.

[saltaire111] 10/12/2008 21:34

Does anyone have any idea why the shared dropped back so much today?

[protean] 22/11/2008 11:23

"Despite its exposure to the housing market, Mears Group has held up well because it is a niche business involved in the repair and maintenance of social housing in the UK.

An update last week showed continued strong trading across all its divisions and the support services company is confident that it will meet expectations for the full year. Mears has won £230m of new social housing contracts since July 1 and recently announced further awards to supply home care to Norfolk County Council and Windsor and Maidenhead Council.

These will add £3m to annual revenues and analysts are confident that it will be able to convert its 'strong' bid pipeline into more deals. Buy at 231.25p."

[spob] 12/11/2008 18:01

Everybody Hates Merrill Lynch This Week

[toby tots] 05/11/2008 17:51

Strange, after an optimistic mention in the Mail today!

[hosede] 05/11/2008 10:41

ROK's horrendous profit warning today shows that state spending is no buffer in this downturn - hence the parallel falls in MER and CNT

[5dally] 04/11/2008 11:22

Could end up much higher then 2.50 at this rate :-)

[5dally] 04/11/2008 10:29

Another tick up, this and PFD doing well for me today :-)

[5dally] 04/11/2008 09:29

2.50 close today IMO

[cambium] 04/11/2008 08:24

but where now

[5dally] 04/11/2008 08:02

Very good results :-)

[hosede] 16/10/2008 12:11

Yes but both here and more so in the US the pensions deficit is the elephant in the room. The US is bankrupt and can only fund the pensions and medicare of its retiring baby boomers by a massive devaluation of the dollar - ie stuffing its creditors! So inflation suits them fine (though of coure they don't say so), and In the UK the situation is probably not that different

[simon gordon] 16/10/2008 12:03

P.S.

The Gold Bugs are all expecting inflation (hyper), thus precious metals rise.

I think they are wrong.

[simon gordon] 16/10/2008 11:44

Hosede - like you say the CDS unwind is horrific. As the PE and LBO's deals default the CDS losses will be crippling. Roubini has gone from $1 trillion to $3 trillion in total losses. I expect him to raise this as the economic devastation hits hard. I just don't see how you can quickly reliquify and reflate when the primary assets of the consumers have crashed and their savings are at historic lows. They will hunker down and save. We are entering a different era - post the 25 year bull run. I think the fundamental point that will create deflation is that the housing market is collapsing - ponzi like - and the bedrock of consumer capitalism is withering in value. Financialisation as an industry is bust and this industry will rapidly decline in size in America and the UK. Both countries have big deficits and will be forced by their creditors to cleanse the bad money out of the system and rebuild a strong balance sheet. Deflation or inflation that is the big macro trade.

[hosede] 16/10/2008 11:25

Simon
I think Paul, Bernanke and also Gordon Brown and the Europeans are absolutely determined NOT to let it be like the 30s or the Japanese slump and will rescue anything and everything just by printing money in an attempt to avoid this. Whether they will be successful remains to be seen, but if they are then we will risk hyperinflation I read Roger Wiegand an Arch Bear if ever there was one and also Chris Laird (prudent squirrel)- he doesn't think there is enough money in the world to unwind the CDS mountain. I Find it all on the Kitco site

[simon gordon] 16/10/2008 07:59

I still think CNT is a beautiful short - I think a lot of Small and Mid Cap. fundies are hiding in it = 17x. I can see it down at £2.00. I am not short as I am not a trader.

By the way, I've got a new macro thread:



Good luck.