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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
  2.00 1.63% 125.00 122.00 124.50 125.50 122.50 123.00 155,345 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 869.8 28.4 23.1 5.4 138

Mears Share Discussion Threads

Showing 1976 to 1999 of 2200 messages
Chat Pages: 88  87  86  85  84  83  82  81  80  79  78  77  Older
DateSubjectAuthorDiscuss
21/4/2011
11:26
Thanks for that Simon - the fall in price was puzzling
cantata
21/4/2011
06:49
Commnent from the Artemis Small Cap March factsheet: "The only real detractor to the fund's performance in March was from our holding of social housing maintenance group, Mears, where investors were upset that the expected annual profit forecast was only met by a change in the treatment of their pension assumptions."
simon gordon
14/4/2011
21:23
bought some more today...onwards and upwards!
rcktmn
08/4/2011
19:57
No need to persuade me - I jumped in again with all three feet when it suddenly fell back below 250 last week. Just need to see off the automatic selling machines now, but will they listen to reason?
cantata
08/4/2011
10:58
http://www.telegraph.co.uk/finance/markets/questor/8384083/Questor-share-tip-Mears-cash-generation-ability-makes-it-a-winner.html The order book is a record £2.7bn, revenues grew by 11pc to £524m, securing a 15th year of uninterrupted growth, and the dividend is up 18pc to 6.75p. Pre-tax profits slipped from £18.4m to £16.4m, due to an amortisation of acquisition intangibles of £10.1m relating to Supporta deal and the acquisition of Careforce in 2007. At 280, Mears trades on an affordable 2011 price to earnings ratio of 10 and a yield of 2.6pc. Buy. The final dividend of 4.85p is payable on 1 July 2011 to shareholders on the register on 10 June 2011.
chrisb1103
08/4/2011
09:19
Support here? bouncing now on bottom of trading channel, few indicators now turning positive, oversold imo and due a reversal to 330 area maybe? free stock charts from www.advfn.com Also sat at longer term established rising trend line since 2003 free stock charts from www.advfn.com Growthcompanyinvestor from 15/03/11 "Mears enjoys 93% visibility of consensus forecasts for the current year and 80% for 2012. Broker Collins Stewart expects pre-tax profits of £39.6m and EPS of 28p. Mears has net debt of £12.2m but this should be repaid by the end of the year and a new bank facility of £85m has been signed to help fund the business. On 10 times current year earnings, Mears is a quality business that deserves more. Buy." Was 280 then, now 245. Another new contract win here from 1/04/11 (10 years): http://www.24dash.com/news/housing/2011-04-06-Exciting-times-for-Moat-and-Mears
chrisb1103
21/3/2011
11:14
CNX I think we HAVE been in the blue chip business but as the Govt. cuts bite I don't think it beyond the realms of possibility that councils could default - defaults by council tax payers are certain to soar - and housing associations also. At the best, as councils get squeezed, payments will be long delayed and work will be deferred.
hosede
17/3/2011
08:32
Im guessing there are a few people on the sidelines waiting for a upturn in the market in a solid performing share like Mears, increased div and positive outlook. "Dont catch a falling knife" but just waiting for some support and director buying wouldnt go a miss. At this point it could signal the bottom, definite buying opportunity on increased relative strength. Keep watching for some improved volume.
sjewson
16/3/2011
19:41
hosede which customers do you expect to defaultif you can ? councils?, companies?, governments? i always thought we were in the blue chip business?
cnx
16/3/2011
12:11
By Mears's standards I would have thought results were mediocre which is reflected by the drop. Not likely to make a lot of progress this year either. The risk of bad debt which in the past has been neglible will soon become significant. But a relatively safe share nonetheless
hosede
15/3/2011
19:57
if you believe, here is a buying opportunity, especially in view of dividend increase and almost perfect view from holt what will be interesting is to see directors buying on this drop
cnx
15/3/2011
16:46
Fell of a cliff today after good results an exceptable drop of 2/3% in line with the market would of sufficed!
sjewson
04/2/2011
07:42
"Mears started at Canaccord with buy rating, 389p target price."
turborock
03/2/2011
13:43
http://www.my-share.co.uk/Broker-notes-February-2011/broker-notes-february-2011.html broker upgrade
nellie1973
12/1/2011
20:22
Nice share price climb today...looking good!
rcktmn
11/1/2011
19:17
Hope so...showing 13% profit so far on my initial outlay...looking for 350p+ in the next few months! but will hold for larger gains on a 2yr view (imho)
rcktmn
11/1/2011
18:28
Great trading statement, this could be a real runner this year.
edale
19/11/2010
09:26
There is a contract in Exeter (I think that's where CNT's HO is), if that is what you mean. http://www.building.co.uk/sectors/housing/housing-news/mears-grabs-%C2%A3100m-of-connaught-jobs/5008276.article
turborock
15/11/2010
21:03
Here's one for all you MER followers: This morning, whilst waiting in the cue to pay for fuel, I saw a Mears van drive up the road. Now this is only the second time I recall seeing one in my home town, in all the years I have lived there. Q. Why is this significant, you may ask? A. Because I live within a stones throw of the head offices of both ROK and CNT. BTW: Never owned a share in either (although admit to having considered them both!)
thorpematt
12/11/2010
19:32
Bought some more MER today....at some point in the not too distant future we'll hit 350p (I hope! imho)
rcktmn
08/11/2010
20:04
According to the Guardian newspaper >>>>>>>>>>>>>>>>>>>>>>>>>>>> Mears, which took on eight contracts when rival Connaught collapsed for £500,000, has publicly expressed an interest in Rok's social housing maintenance work. Mears's chairman Bob Holt said he estimated that made up about £50m-£100m of Rok's work. The UK's fifth-largest contractor Kier, which is heavily involved in social housing, was also understood to be talking to administrators, as was Leadbitter, a firm strong in the south-east. Another name being mentioned as a possible buyer was Morgan Sindall, the UK's fourth-largest contractor, which took on much of Connaught's work. A bid battle is now beginning for different parts of Rok. Industry figures said they did not expect it to be sold as a single entity.
copyright
08/11/2010
12:48
Looks like another competitor has gone into administration. "Social housing and construction firm Rok provided an unpleasant surprise for the markets, as it issued an unexpected notice, which stated that the firm would be entering administration. The company, which employs 2000 people, had previously issued two profit warnings earlier in the year, after discovering failings in its plumbing, heating and electrical businesses."
chillwill
03/11/2010
15:49
One to keep on the watch list and maybe buy at year end results which may disappoint in the short term.
ianst99
03/11/2010
10:43
inflation usually good for these businesses as cost recoveries are part of the contract deflation is bad
phillis
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