Mears Share Discussion Threads

[devonlad] 27/3/2009 10:02

Dipped a toe into this one, looks like it has hit the bottom and charts look ready for a move upwards, MACD crossing which seems to be a good medium term indicator for this chart so it should be around the bottom!

[lucky_lady] 26/3/2009 13:21

Just bought in. Fingers crossed. Great company, can only see these rising.

[nfs] 26/3/2009 11:07

this is I think the lowest PE ratio rating it has had in ages-about 10 on historic earnings and now yielding 2.2% which isn't that much but still above base..........i hop this is just one of those malaises as some fund or number of investors sell a few as its so liquid

[5dally] 24/3/2009 14:32

can't believe this has dropped to this level

[wilfman] 18/3/2009 19:46

Well, I have been watching this for weeks and finally went in early this morning at 231p, and what does it do? It ends up at 216p..... It is a long term investment but it would have been nice to do better on the first day!

[5dally] 11/3/2009 10:23

Positive mention in The Mail this morning :-)

[5dally] 10/3/2009 16:34

See that silly share price movement has reversed itself

[quickmind] 10/3/2009 16:09

"The Group has experienced no delay in settlement of debts within its Social Housing or Domiciliary Care divisions where the customers are local authorities and housing associations. The Group is, however, experiencing some delays in settlement of debts within its M&E division where customers are typically blue chip construction companies. Whilst this delay has a short term impact on the Group's net funds, the credit risk is insured."

What do you make of it?

[standish11] 10/3/2009 10:30

Outlook statement suggests good contract wins are in prospect.

[cambium] 10/3/2009 10:14

PE of 12 still too high,

[lucky_lady] 10/3/2009 10:08

If these were such great results, why the fall?

[joshalexander] 10/3/2009 09:43

Crystal - and I agree.

[cambium] 10/3/2009 09:37

sitting on the sidelines at the moment waiting and watching

PE of 12 is a little steep in this market even with the growth and order book and cash and divi and..........shall I carry on?

[joshalexander] 10/3/2009 09:17

Cambium

I thought you had a change on mind on MER, you like these again?.

[5dally] 10/3/2009 09:10

Increased Divi,,,,,not many company's offering one these day's let alone increasing it,,,,and down the share price goes,,,,mad market

[cambium] 10/3/2009 08:05

no .................theyre great

"Our order book stands at GBP1.6 billion and the demand for our services
continues to be strong. Importantly our two growth markets Social Housing and
Domiciliary Care, which account for over 80% of Group revenues, largely reflect
quality partnership relationships with first class public sector customers.
These are defensive sectors where spend is largely non-discretionary and which
afford us substantial immunity from bad debts.


"We continue to place great emphasis on winning good quality contracts that can
provide clear and sustainable margins. The sales pipeline remains buoyant and we
have a number of significant opportunities which are at an advanced stage of the
bidding process. There are also tremendous opportunities with existing customers
to unlock significant additional revenue."

pe 12

[5dally] 10/3/2009 07:50

Results look very good

[5dally] 26/2/2009 13:51

Surprised on this drop,,,,after such a good piece in The Mail today

[hosede] 15/1/2009 17:13

Josh
MER CNT etc. will probably do OK while Labour stay in power - Keynesian economics - though Yesterday's papers announced massive local authority job cuts - but when the Tories take over they will slash public spending to the bone . At the moment there are so many better things to short e.g. just indices or Euro against the dollar

[joshalexander] 09/1/2009 08:41

Pro

I admire anyone who has the guts to admit that.

However what Bears continue to fail to grasp IMO, is that MER
provide essential services which LA's have a legal and contractual obligation
to provide.

You are heading for the local burns unit with an open short
here IMO. Holt learnt his trade at MITIE - have a look at their 20 year + record.

[pro_better] 08/1/2009 15:44

for the record i am short on this...target 200p...

[scurfiee] 08/1/2009 15:25

All across on the oilers Josh.

[joshalexander] 08/1/2009 09:52

Where are the Bears??? - Missing in action IMO.

[joshalexander] 08/1/2009 09:52

Where are the Bears??? - Missing in action IMO.