Mears Share Discussion Threads

[pbracken] 05/6/2009 12:24

1349 GMT [Dow Jones] Mears (MER.LN) AGM trading update is short but upbeat and confirms it continues to perform well, says Panmure Gordon. "With good revenue visibility, positive contract momentum and an attractive valuation, we reiterate our positive stance," it adds. "The share price has been weak and this provides a good buying opportunity," adds Panmure. Has a buy rating. Shares +1.4% at 242p. (ISD)

[volvo] 03/6/2009 11:40

Absolutly on the money again.

[volvo] 02/6/2009 11:43

Looking for a AGM statement tommorrow saying growth continues to be strong and order book at 1.6 billion with further new contract opportunities during the year ,these are apparently soonish dyor.

[hosede] 02/6/2009 11:07

MER has been left behind a bit recently - punters buying more risky shares - looking good value now for a rise to 260 ish

[volvo] 01/6/2009 12:55

Chunky buying and selling again.

All they can do is just keep delivering and building the order book further than the current 1.6 billion.

Defensive or not this is delivering growth and fast.

[volvo] 01/6/2009 10:30

Bob Holt, Chief Executive | Tel: [phone]

[lucky_lady] 01/6/2009 09:18

is the word where?

[volvo] 01/6/2009 07:53

Can see this through 260p in a few days.More contracts coming soon is the word.Come on Mears.

[volvo] 28/5/2009 09:41

There will be a statement on Wednesday confirming everything remains strong.

[volvo] 28/5/2009 08:04

Holt strutting his stuff yesterday go forward to 18 min.

"we see no turn down whatsoever in fact the opposite"

[volvo] 27/5/2009 14:03

It has in the bank 92pc of its yearly earnings ALREADY and an 1.6 billion order backlog.

Of course it takes its chairman going on TV and shouting about it to get it notice.

This company is a pe of 9 and that is wrong for a company growing at this rate at this time.It is a jewel and should be valued as such.

[lucky_lady] 27/5/2009 13:55

Chairman has just been on Working Lunch, sounding very positive about the company.

[lucky_lady] 27/5/2009 13:19

Bought in this morning at £2.25, thought they were due a bounce. Going good so far. Great Company.

[volvo] 26/5/2009 11:38

The statement with the AGM, 3rd June, will still be looking strong.They have 92pc of this years business in the bank already.Good buying opportunity.

[nellie1973] 07/5/2009 16:50

Nice chart article CHART TRADER.

Hope your predictions are right, nice and steady upward trend at the moment. Long may it continue. I have set a target price at 290p.

[nellie1973] 29/4/2009 14:23

I agree, this is a good stable business with the ability to win contracts in a difficult market.

[5dally] 29/4/2009 12:54

Fanastic stock to hold,,,,,IMV

[goofball25] 29/4/2009 12:50

move move come on!

[5dally] 28/4/2009 13:21

It's one of my sleep at night stocks :-)

[hosede] 28/4/2009 10:20

MER will continue to do well while labour are in power, but after the next election there will be swinging cuts in public spending which are bound to affect them. I wouldn't be so certain about the "immune to bad debts" bit in the update either. Most US states are on the verge of bankruptcy and I can see the same happening to local authorities over here in due course as defaults in council tax spiral. Brilliantly run Company though

[mconegal] 28/4/2009 10:11

Suprised not to see much movement here following great update - suspect that is reflection of general market today. As per above if we can hold 238/240 today then onwards and upwards. Broker Collins also restaed 335 tgt this morning.