Mears Share Discussion Threads

[polopolo2] 10/1/2008 10:14

Excellent update but still no mention of bbc conclusion??

[5dally] 10/1/2008 08:05

Mears Trading Statement
Date : 10/01/2008 @ 07:03
Source : UK Regulatory (RNS and others)
Stock : Mears Group Plc (MER)
Quote : 254.0 0.0 (0.00%) @ 08:04

[mistertibbs] 09/1/2008 15:34

I read, was it the weekend FT, not sure now. that mer may ne interested in one of the larger healthcare companies who didn't have their troubles to seek. Memory suggests Nestor Healthcare. Will check it out.

As a 24/7 carer, I can report our local authority, near Glasgow, are cutting back on their services and looks to me like they are considering more private care. Handy for MER as they bought that old repair lot in Paisley, not a million miles away, Laidlaw Scott, who are often to be seen at our local private care home.

Sadly of course, our Govt is taking the knife to private healthcare as seen just prior to the new year and I feel this sentiment will continue in this sector for a while. Still holding.

[5dally] 09/1/2008 14:40

Very quiet here considering this is moving in the righ direction

[joshalexander] 17/12/2007 19:26

hosede

I am out of the Market currently, I agree Small Caps are being hammered.

[hosede] 17/12/2007 14:54

You may be right Josh, but MER are not established in this market yet. Whatever the reason the fact remains that midcaps and especially small caps are being hammered at the moment and arguing with the market is normally futile and (expensive). How long will this go on for? No one really knows but (IMO) it could have quite a lot further to go.

[joshalexander] 15/12/2007 20:49

hosede

That is why they are agressively expaning in the Home Care Market.
As I have previously posted this will be the main driver of earnings in the years ahead.


The Governement's recent announcement of "self funding" in Domilicary Care is not an issue either, as the vast majority of funding will still go through Local Authority "block contracts".
Huge growth in this market over the next 3-5 years.

The recent compression in ratings in the Small Cap Market has caused much of the malaise in the SP, but I agree with polopolo - there needs to be
a conclusion to the enquiry.

I do not hold MER currently - and as always DYOR.

[polopolo2] 15/12/2007 11:11

When are we going to get the outcome of the drawn out enquiry into the BBC allegations that were made in early summer?????

[hosede] 14/12/2007 23:39

5dally I think maybe you are looking thru rose coloured spectacles -this government are going to start reneging on promises left right and centre next year - and even if programmes go ahead competition for contracts will be tough and margins will suffer. I don't think the amazing growth we have got used to from MER will continue - it will survive of course but could have a tough two or three years

[5dally] 12/12/2007 12:06

Complete Care is the largest and best run on The Wirral and recruit on a regular basis, if they keep buying quality company's like this they wont go far wrong

[5dally] 11/12/2007 18:12

Not from funding social housing hosede, the commitment has already been made no turning back on that

[hosede] 11/12/2007 11:35

The downtrend resumes. It now looks like NRK will have to be nationalised. The 50Bn or so that will take has to come from somewhere - nuff said

[chester] 10/12/2007 10:00

Continuing nicely this morning.

[hosede] 07/12/2007 15:35

That may explain last two days rise - out at 264 Fib (38.2%) recovery. It's only defensive if the government doesn't run out of money. I also think there will be others like me keen to cut the CGT on their profits to 10%

[5dally] 07/12/2007 14:36

Very good write-up in Money Week this morning, rates it to cheap for a defensive growth stock

[chester] 06/12/2007 11:47

Bought in today, sat nicely on the long term trendline , also at the 38% fib retrace from the all time low to all time high.

[paxton208] 02/12/2007 21:57

I too sold out with Cambium after bhe sold out at £3

[joshalexander] 29/11/2007 17:10

edale

Although I have not held shares here since Cambiun sold out, he was a great supporter of MER from the "early days" - I have continued to watch with interest.

FWIIW - on a medium term view (3-5 years) you are laughing at anywhere around these levels. All IMO, DYOR, particularly in these volatile times.

[edale] 29/11/2007 16:50

I have followed these for many years but never previously bought because the share price always looked ahead of itself. After the recent pull back they now look more attractive with a strong secure forward order book. The price has probably suffered along with all building service related stocks but these are different linked into long term contracts for servicing council and housing association properties. There doesn't look to be significant down side but time will tell. I purchased Monday and have since seen a small rise in price. Here's hoping it continues.

[yorkshire123] 20/11/2007 14:31

Slater is presenting on 11th Dec at the new Andaz hotel, maybe he could shed some light on the subject...

[hosede] 20/11/2007 09:59

Maybe in a few years. Looks like its going under 200 first - trouble is I think people lump it with the building trade. Quite impossible to sell any quantity today

[hosede] 19/11/2007 14:15

Getting frighteningly close to end of day support at 255-256p Intraday levels have got down to 251 a couple of times in the last 18 months, but if it falls below that .....

[hosede] 09/11/2007 13:30

Dead right Tibbs back to area (hopefully) of support