Mears Share Discussion Threads

[sphere25] 05/11/2020 16:07

Decided to take a few because the trades recently and buying behaviour today here are irregular. It is like someone is very keen to buy here and they're just launching sizable bids onto the book. Never see that with MER.

No idea if it means something significant, rarely catch a bid because short term trade orientated. Nonetheless it is breaking out on heavy buying so interested to see if it follows through tomorrow and next week.

[abarclay] 05/11/2020 15:12

Have bought
I’d like a bid in mornjng

[abarclay] 05/11/2020 14:00

Why it flying,

[saltaire111] 05/11/2020 13:58

There’s life in the old dog yet!

[sphere25] 05/11/2020 13:18

Alot more interest in this one recently. Looks like sellers cleared at that 110 mark and price threatening a breakout.

A real lumpy one though, not the easiest one to read.

[lucy123] 11/9/2020 16:48

These shares follow the same pattern every day, mostly open about 5% down every day they stay that way all day and at close they seem to finish near the previous day close. The MM's are dubious b+×÷=rds.

[saltaire111] 05/8/2020 11:56

Desperate performance here. Investing in MER is now my biggest mistake - accounting for 3% of my equity investments, it is now down to little over 1%!

While I’m not tempted to increase exposure, I’m going to hold on to what’s left of my investment rather than sell out at a substantial loss. I may end up with an even more substantial loss as a result but I remain optimistic that it will recover.

Salty.

[davwal] 29/6/2020 11:45

Mears must benefit from the increased infrastructure repair and maintenance budget, so odds on the share price will recover to a reasonable level. Looking forward to the market catching on.

[sphere25] 17/6/2020 13:41

Stand out exchanges here. Been watching this one for a while - chart looks interesting. It's still a tricky one to trade because of the horrible spread and lumpy moves. Sellers in size at key 170 resistance at the moment. Nonetheless, another to keep an eye on if there is more significant activity on the book.

[skinny] 05/5/2020 09:28

Earlier :- .

And

.

[deadly] 05/5/2020 09:21

Signs of life today with 10% rise so far. Perhaps these haven't been much affected by the lock-down as they provide staff for care homes and deal with property maintainence which is still necessary.

[lucy123] 05/3/2020 16:39

Cannot make out these b.,?ard MMs, the shares bounce up and down all day, just before the close they go lower, then after the close in the auction they rise again. If you want to sell some, you cannot sell at the auction price.

[brummy_git] 19/2/2020 06:08

All the latest infrastructure services/contractor valuation multiples and KPIs can be downloaded from here, including MER

[texaspete2] 28/1/2020 21:45

Was taking a look at this share, last update was 'results in line with Board expectations' as opposed to market expectations....any one know what the Board expectations might be?!

[bend1pa] 03/1/2020 16:49

All we've had recently is yet another statement saying FY results 'are in line with expectations', which is a well-worn euphemism for flat earnings. This will be the 3rd year in a row that this has been the case, and explains why the share price has continued to disappoint generally. What we're seeing now is just a relief rally, and of course they never last long. Back to 250 by early summer.

[saltaire111] 02/1/2020 15:27

Not wanting to curse this but... it looks as if the market has woken up to MER.

Good to see the share price picking up.

Salty

[deadly] 13/12/2019 18:24

no election bounce here, in fact was down most of the day.
Good for a future bounce though?
Recent results were decent.

[saltaire111] 27/11/2019 11:47

Very quiet here. It’s an un-loved sector at present but it’s a solid business. Needs a change of direction at the top.

This presentation from MER’s top shareholder is worth a look:



Salty.

[saltaire111] 13/8/2019 09:01

Interim Divi up 2.8%. Revenue up but profit down due to changes to accounting policy and exiting some developments but ok overall.

Salty

[red5] 10/8/2019 12:41

so are we expecting good results or not from this one?

[saltaire111] 30/5/2019 15:01

At last, some signs that the market is coming round to Mears as an opportunity. It’s worth three quid a share all day long.

Salty

[saltaire111] 24/5/2019 15:03

Trading on a PE of 10. Divi covered almost 2x. Competitors falling by the wayside opening up yield opportunity. Debt levels at just 33% of book. Appreciate that sentiment is against the sector but sentiment is too emotional for me. I’m just looking at the numbers and thinking that the market is missing something here. I think this is a dull, boring, predictable company that delivers lots of cash.

I’m buying more.

Salty.

[lefrene] 21/5/2019 13:25

saltaire111, it could be that the market see's a company very dependent upon the public purse, a purse that is being pinched over and again by government policy. Add in the sudden demise of some big name service providers, and the business model doesn't look too safe. This company might well be the exception but it happens to be in a currently unpopular sector. In the past this type of operation was seen as an essential utility, with prospects of growth as public bodies contracted out their responsibilities, and thus perceived as safe. The landscape has changed.