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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
  3.00 1.62% 188.00 184.50 187.00 187.00 184.50 186.50 53,324 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 805.8 -15.2 40.2 4.7 209

Mears Share Discussion Threads

Showing 2076 to 2098 of 2225 messages
Chat Pages: 89  88  87  86  85  84  83  82  81  80  79  78  Older
DateSubjectAuthorDiscuss
19/8/2014
08:41
Interim Results Financial Highlights · Profit before tax* from continuing activities of £18.7m (2013: £16.9m), growth of 11% · Excellent EBITDA cash conversion from continuing activities of 100% (2013: 85%) · New contract wins in excess of £200m: Social Housing awards of £135m with a win rate of 35% (2013: £235m and 33%) and Care awards of £66m with a win rate of 63% (2013: £21m and 37%) · Strong balance sheet with net cash at 30 June 2014 of £2.7m (2013: net debt £21.7m); average net debt of £63.0m (2013: £74.2m)
skinny
04/6/2014
07:05
AGM Statement Mears Group PLC (LSE: MER), the provider of services to the Social Housing and Care sectors in the UK, will hold the Company's Annual General Meeting at 9.30a.m., today during which the Chairman will make the following statement: "Mears issued its Interim Management Statement on 19 May 2014 which highlighted the following: · Mears continued to deliver solid trading across both core divisions in line with management expectations. · Mears had secured new contract awards since 1 January 2014 of in excess of £110 million. The Group had achieved 94% visibility of the £908 million consensus revenue forecast for 2014 and 72% visibility of the £960 million consensus revenue forecast for 2015. The order book stood at £3.8 billion with a bid pipeline of £3.0 billion · Mears continued to benefit from a strong balance sheet and a strong focus on working capital management. I am pleased to announce that the positive trends referred to in the May statement are continuing."
skinny
07/4/2014
09:22
14 years ago I bought this share! thank you Mr Holt :-)
beerbandit
06/4/2014
21:54
10 years ago I started this thread. Wow
cambium
06/4/2014
21:53
I still just love this share. Why thankyou mr holt
cambium
19/3/2014
18:22
Questor share tip in the Telegraph today: http://www.telegraph.co.uk/finance/markets/questor/10706375/Questor-share-tip-Mears-still-a-long-term-buy.html
hawaly
11/12/2013
12:46
So why the rise today? Any news I've missed? Is there a broker rerating?
mikeb01
13/8/2013
17:59
I personally think the results were excellent. Yes, the multiple is very high but they have delivered on promises made, so far. But I must admit I'm in no hurry to buy back in. Whilst the dividend has increased by 9%, it's still very low in comparison with my average holding. And this is where I struggle, MER was one of my few growth stocks and when the dividend is low, your exit strategy is vitally important, imo.
hyden
13/8/2013
14:37
does this still warrant a 20x multiple
phillis
13/8/2013
09:32
Canaccord Genuity Buy 420.13 430.25 440.00 490.00 Reiterates
skinny
13/8/2013
09:31
Half Yearly Report Financial: · Revenue increased by 49%. · EBITA to cash conversion at 100% (2012: 100%) for the rolling 12 month period to June 2013. · Strong Balance sheet. Social Housing Division: · Revenues grew by 76%, including strong organic growth of 17% to £378.9m (£215.0m). · Operating margin delivered at 3.7% - a blend of a Mears margin at 5.6% (2012: 5.0%) and Morrison at break-even. Care Division: · Revenue increased by 8% to £60.5m (2012: £56.1m) as a result of the acquisition of ILS. · Operating margin maintained at 8.1% (2012: 8.1%). · Acquisition of ILS enhances our higher acuity care offering. Group Outlook: · Order book of £3.8 billion (2012: £2.7 billion). Solid pipeline of new opportunities. · Full visibility of consensus forecast revenue for 2013 and in excess of 85% for 2014. · Two new infill acquisitions to develop further our housing management offering.
skinny
12/8/2013
17:12
Spiked just before close. Someone knows something I don't?
hyden
12/8/2013
14:45
Sold out for now. Nothing other than nervousness ahead of tomorrow. The shares have enjoyed a good run of late and I'm nervous that anything other than an outstanding statement may cause a short-term retreat to c. 375p. I don't normally sell out at whim but I've been wrong-footed too many times this year by simply holding on that I thought I'd chance it this time around.
hyden
12/6/2013
14:15
Another test of 380p coming perhaps?
marknicho
14/5/2013
22:09
Looks like the recent weakness was unfounded. Glad I held on now.
hyden
15/4/2013
16:06
I suspect that they are now starting to find out what they have really bought!
silmanesque
04/4/2013
19:17
Anyone know a reason for the recent dip? Seems to be on the slide now for a couple of weeks. Could be a decent opportunity.
sparkymoc
16/3/2013
10:01
Results due Tuesday 19th Mch.
edale
28/2/2013
16:48
Bought more here
cambium
31/1/2013
11:53
Is it possible that Peel Hunt, Canaccord Genuity, Investec etc in raising their expectations from hold to buy and forecasting higher target prices have not taken in to account what Mears have actually bought at Morrison FS. Morrison were loss making, and I suspect that the depth of the black hole may not be understood yet. I don't know, of course, but there are similarities to Connaught and Rok here. I will not be adding them to my portfolio for at least another 6 to 9 months when they have had time to ascertain what sort of a tiger they have by the tail!
silmanesque
22/1/2013
11:41
Thanks to the banks social housing is growing and a quick look at job centre plus will find lots of vacancies for carers ... !!!
spacecake
19/1/2013
15:32
Good luck Space, I'm in, looks like a solid company and worthy for a re-rating over the next 12 months. Better return than cash left in the bank, imo..
parttime
16/1/2013
10:56
IC Social housing and domiciliary care specialist Mears Group (MER) says trading remains solid and it has grown its order book from £2.6bn to £3.8bn, with 88 per cent of consensus forecast revenues for 2013 in the bag already. Buy.
spacecake
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