Mears Share Discussion Threads

[ards] 09/12/2011 17:12

brownie

the market makers sell to buyers stock they dont have then they drop the price to cover.

[mdrans1] 09/12/2011 11:47

This week's Shares Mag. Has Mears as a buy.

There is a two page article based on an interview with the CEO in Shares' "Griller" feature.

[brownie69] 02/12/2011 08:35

Glad I topped up at sub 220p levels. No idea what caused the sudden bounce but its overdue and understandable on fundamentals. I'd like to see it hold above 235p and suspect we will need news or a big market rally (which i cant see coming) to get us back up into the 260 to 280 range where I think we belong.

[ards] 01/12/2011 22:32

dont think it was shorts. if no rns tomorrow then must be just a fund manager loading up on what seems to be undervalued stock. 240 looks like resistance for now.

[lefrene] 01/12/2011 18:21

The other side of the coin nickward, is that councils will try to contract out even more work, to reduce the ever heavier employment and pension costs of a directly employed army of jobsworths.

[nickward] 01/12/2011 17:33

Just shorts closing, that's my guess. Although I have taken a long position I have to say that I am concerned that the exposure to public sector work means cost savings may well get passed on to contractors and Mears are not the cheapest in the market. Certainly if I was negotiating on behalf of a council I would want to take a serious look at other providers.

[spacecake] 01/12/2011 16:00

ards, Looks like a large dose of common sense has returned to the share, the fall after the last update was way overdone.

[ards] 01/12/2011 15:27

looks like large order being worked proably reported later after close.

[ards] 01/12/2011 15:24

def something going on. my cfd in auction.

[ards] 01/12/2011 15:20

great move. cant find any news. possible bid? some one always knows.

[nickward] 01/12/2011 14:31

Nice move up today, went long at 216.

[spacecake] 16/11/2011 14:25

hosede,

Government U turns very popular these days makes dealing with DECC very tricky. Bad decision making at government level means we all pay the price.

Looks like Homesun and others are not going down without a fight

What is to become of other new technologies such as domestic micro chp which also rely on the FIT.

I have looked at solar PV for myself and after a small amount of research found that my electricity bill is only 12% of my total energy bill and that working on cutting my gas bill via sealing up the drafts and upgrading my homes insulation is both cheaper and more cost effective. Loft insulation only £1 per roll at B&Q !

[ards] 16/11/2011 08:44

small caps are punished by shorters in this market for any misses. easy money as they know there are a lot of weak hands. just have to accept this is the game. shares are risky for this reason. no real logic just the game. overall a small miss. they took a risk and it did not pay off. i disagree with hosede that it was a major blunder. if you are in business you take risks but keep them manageable. with pe of 8 falling to 7 next year and dominant in market looks good value at minute. would start nibbling in small bits up to 240 although may retest bottom again.

[phillis] 15/11/2011 17:51

existing funds topping up - good sign that they are reassured by management

[phillis] 15/11/2011 10:36

oversold territory

[brownie69] 14/11/2011 14:39

I read the interim statement as being a one off set back due to the solar situation. Beyond the control of management.
If underlying business is OK this is a good topping up opportunity which is what I am doing. Market seems to see it differently though.

[spacecake] 14/11/2011 09:58

This share price fall is disappointing and an over reaction to the small right down of the solar work.

[113mike] 11/11/2011 20:41

very disappointed with this....I've sold out and gone in on CKSN as a recovery play.

Will keep any eye on MER and may come back in in the new year.
I think it's only a temporaryset-back but can only see the share price treading water over the next few months! (imho)
Think in a year or two the share price will be back at £3

[hvs] 11/11/2011 19:16

I worry about poor old JIM, he must be slated.

[dugganjoe] 11/11/2011 18:30

Wonder what Holty has done with the £18m he bagged when he dumped out almost all his shares?

[spacecake] 10/11/2011 11:02

Today..
Mears Group: Investec cuts target from 365p to 238p, buy recommendation retained.

[hosede] 10/11/2011 09:57

On today's statement - I find it amazing that anyone as astute as MER couldn't see that the Govt.'s PV feedin tariff was certain to be cut - it was set at such a totally unsustainable level.

[cnx] 12/10/2011 17:31

ex dividend today and up a few pennies. always a good sign