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
  5.00 1.96% 260.00 248.00 260.00 260.00 260.00 260.00 2,000 08:23:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 869.8 28.4 23.1 11.3 287

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
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
03/11/2010
08:10
If inflation takes off and pressure hits margins what then for all the projections.
gears
02/11/2010
15:51
Bandit The full facts are stated for everybody to read and stated therein is a shortfall in profit expectations this year Still a great business though
phillis
02/11/2010
10:39
Obviously they will need a few more vans.
mdrans1
02/11/2010
09:57
Its all about the future not the past - Contract mobilisations costs will feed through to profits in next results and they have levels of unprecedented opportunities.
borchardt
02/11/2010
09:57
It is also explicitly stated thus :- Since 1 July 2010 there have been an exceptional number of opportunities to both strengthen and extend our position in both core growth markets. It has always been our strategy to invest in our operational structure and to expend overhead to put this in place before it is required. The validity of this strategy has never been better demonstrated than by the position we are now in and has allowed us to maximise the benefits from the large number of opportunities now available. In short, this has been a transformational year for the Group and whilst this investment comes as a cost in the short term the rewards are demonstrable in the revenue visibility for 2011 and 2012. We have never been better placed to exploit our market leading positions. Mears typically anticipates a low margin from new contracts in the first year following mobilisation. At mobilisation, the primary focus is to ensure that robust processes are put in place for the delivery of excellent customer service. Mears has never capitalised any of these initial inefficiencies and the losses associated with new mobilisations are fully expensed in the period. Given the proximity of these latest new contract awards and associated mobilisations to the Group's year end, and given that we have achieved these further successes on the back of what has already been an intense period of new contract mobilisations, it is anticipated that costs for the period to 31 December 2010 in the region of GBP0.6 million will be incurred and expensed on these contracts. It is anticipated that all contracts mobilised during 2010 will make a positive contribution to 2011 and beyond. In other words the £0.6 million is to take advantage of Connaughts demise which will greatly increase profits for 2011. Please do not try and dress this up as a profit warning without giving the full facts.
beerbandit
02/11/2010
09:47
Yes - and it is v explicitly stated "the anticipated outcome for the full year results remains in line with management's expectations before taking account of the impact of a number of new contract mobilisations. As a result of the award of the additional contracts close to our financial year end there is likely to be costs of £0.6 million for mobilisation"
phillis
02/11/2010
09:17
Phillis Can you explain what you mean by, 'profit warning however dressed up'. I am not being sarcastic, but regard the IMS to be very good and positive. Have I therefore missed something?
foxeye2
02/11/2010
08:27
profit warning however dressed up
phillis
02/11/2010
08:17
From the interims: Government Spending Review is positive for Mears. The bid pipeline remains in excess of GBP3.0 billion. The order book stands at GBP2.6 billion, with secured revenues of 95% of consensus forecast for 2010 and for future years currently approaching an unprecedented 90% for 2011 and 75% for 2012.
parttime
29/10/2010
03:35
it would be helpful for the company to comment on spending review as affects them
cnx
28/10/2010
09:25
Today's Shares magazine feature on the spending review has Galliford and Mears among the winners.
mdrans1
Chat Pages: 88  87  86  85  84  83  82  81  80  79  78  77  Older
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