Share Name Share Symbol Market Type Share ISIN Share Description
Mears Group Plc LSE:MER London Ordinary Share GB0005630420 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 1.54% 264.00 256.00 259.00 265.00 248.00 260.00 66,314 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 869.8 28.4 23.1 11.5 292

Mears Share Discussion Threads

Showing 1901 to 1924 of 2200 messages
Chat Pages: 88  87  86  85  84  83  82  81  80  79  78  77  Older
DateSubjectAuthorDiscuss
10/9/2010
22:29
they acquired "the majority". I guess we'll have to wait and see
turborock
10/9/2010
12:27
Does anyone know if Morgan Sindall has left anything for Mears or have Mears already cherry picked up some contracts isolated by Connaight's downfall. Rgards MW
miss womble
09/9/2010
20:20
hopwe to get a slice at 250p
dnfa1975
08/9/2010
23:36
Mears are going to get a premium and uplift on these new contracts before they take them on... Bob Holt don't take wild chances...£3.00 sooner than we think or hoped!
tom.b
07/9/2010
22:58
Rivals circle as Connaught confirms administration Tue 7th September | 21:54 Rival contractors are vying to take over Connaught jobs as the firm confirmed its fall into administration. Councils and housing associations will mobilise plans to replace the ailing contractor as accountant KPMG steps in to run the company Firms like Mears, Rok, Morgan Sindall and Willmott Dixon will be sounded out by housing bodies as the future of Connaught and its 10,000 workforce remains uncertain. A Connaught Stock Exchange update said: "Following extensive discussions with the Group's secured lenders, it is now clear that sufficient support would not be extended to the Group as a whole to enable it to continue trading as a going concern. "As a consequence, the Board is saddened to announce that it is in the process of appointing partners from KPMG as administrators of Connaught plc and its subsidiary, Connaught Partnerships Limited, which comprises its Social Housing Division." The group's compliance and environmental divisions are not being placed into administration and will continue to trade normally. Accountants at KPMG will now run Connaught while they seek to find a buyer for the business. Contracts could be sold-off individually as rivals circle the remains of the firm. John Morgan, chief executive of Morgan Sindall: "Clients have been approaching us over the last few weeks, but there has been a sharp increase in the number of approaches today." Bob Holt, chairman of Mears Group, said: "We are watching the situation carefully and we are ready and willing to pick up work if it becomes available, we have been approached." Another contractor told the Enquirer: "Now this has been confirmed it will be a case of talking with KPMG and seeing what contracts are up for grabs." http://www.constructionenquirer.com/2010/09/07/rivals-circle-contracts-as-connaught-confirms-administration/
celeritas
07/9/2010
19:52
Contracts will have to be renegotiated but I also expect someone wil have to step into the void left by cnt pretty quick. MER and ROK are the two who stand to gain the most from Connaughts demise.
celeritas
07/9/2010
16:30
Don't think Mears will take on any work whose margin doesn't match their objectives
phillis
07/9/2010
16:18
Mears was the first named alternative company on Radio 4 just now. Phillis - as long as Mears does its background work. Could we see councils having to pay more for the work?
yoyoy
07/9/2010
16:14
Mears won't have to bid CNT will be in default because of their financial condition and customers will be begging for Mears to take over
phillis
07/9/2010
13:32
yoyoy - Mears is also a likely bidder for parts of CNT. I suspect the administrator is not going to be able to sell CNT in its entirety because of the problems with particular contracts, it's much more likely to be sold piecemeal.
daz
07/9/2010
12:34
Major competitor in disarray Buy Buy Buy!
phillis
07/9/2010
12:33
Daz, Only if it closes its operations - there is always the possibility that someone will buy them on the cheap
yoyoy
07/9/2010
07:52
gonna fly now imho
dnfa1975
07/9/2010
07:24
Should benefit from CNT's administration announced this morning. I'm surprised it hasn't moved up more.
daz
05/9/2010
21:21
I am delighted to be able to invest in a quality company on a modest rating,with excellent management,a strong focus on cash flow,long term contracts,great defensive qualities,pays a dividend and where a major competitor has got fundamental looking problems.Enough water seems to have passed under the 'company specific' bridge re Connaught to feel comfortable investing here. Congrats to all who got in at 25-30p and are still here/I think it's time the trading raneg was broken,earnings have grwon an awful lot without any share price advancement
nfs
03/9/2010
07:11
...all the way to £3.00... come on mears
tom.b
02/9/2010
15:26
rising gradually
yoyoy
31/8/2010
23:02
Where have all the incestors (Investors)gone?... CNT in trouble and rising and MER in the clover and no stir...anyone have any guess as to why?...
tom.b
27/8/2010
07:50
"PS Tubbs Incestors is not a word I am familiar with !!!!Thanks for the laugh in these trying times" oooops!
pstubbs50
26/8/2010
09:12
PS Tubbs Incestors is not a word I am familiar with !!!!Thanks for the laugh in these trying times
miss womble
26/8/2010
08:12
The news and indicators is all very good... it's a bit dissappointing that the price seems in the doldrums ... Good time to buy IMO, because they are fairly well protected from government cuts, have most of the years revenue already secured and unlike others in the field have a solid balance sheet with cash surpluses to weather any setbacks.
tom.b
25/8/2010
12:45
Some nice big trades in the last hour - 1m total. I am assuming they are all buys!
pstubbs50
25/8/2010
11:26
Rivaldo - I agree. Will take a while for it all to filter through, but I see this as a big plus for incestors. Very volatile markets don't help, but this is one share that I feel totally comfortable holding.
pstubbs50
25/8/2010
11:06
Many thx for the posts above - looks like the flood of clients bailing out of CNT and into the arms of MER and others is beginning.....
rivaldo
Chat Pages: 88  87  86  85  84  83  82  81  80  79  78  77  Older
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