Mears Share Discussion Threads

[saltaire111] 14/8/2018 11:48

Nor me. I expected revenue decline to be well into double digits and profits to be down. Given the noise about the outsourcers, Capita et-al, I thought the management team would take the opportunity to rinse out any bad news but they didn’t have any. So good news all round. I’ve bought some more as this looks like a no-brainier given the really solid business and highly attractive yield. Just think it’s a bit too boring for those who like a bit of razzamatazz.

Salty

[useless23] 14/8/2018 10:14

I can't believe the share price is down with these results.

[saltaire111] 14/8/2018 06:16

Wow! Profit growth and Divi up!

I didn’t expect profits to be up. Expected revenues to be much lower than -8% too, given recent turmoil in sector.

These are very good results.

Salty.

[useless23] 09/8/2018 12:55

I'm in here. In fact I only hold 2 stocks, this and NXT. I am bearish on the market as a whole.

[saltaire111] 08/8/2018 07:55

Very quiet here. Not a particularly exciting business to be in but I think the prospects here are exciting.

Salty

[saltaire111] 20/6/2018 06:45

Trading update looks good to me. The market is not recognising what a good business this is.

Salty

[saltaire111] 14/6/2018 12:36

The upside potential here now surely outweighs any further downside pressure. Screaming buy?

Salty

[okosling] 22/5/2018 17:53

Tipped in Investors Chronicle last week:

"Following the fire at Grenfell Tower last year, Mears twice reduced its revenue expectations as local authorities undertook reviews and put discretionary spending on hold. However, with reviews now complete, and Mears well placed to benefit from an increased focus on health & safety, there are reasons for guarded optimism. Meanwhile, the care business has been restructured and has exited problem contracts, which helped to return the division to profit in the second half of 2017. We think the value now on offer makes the shares hard to ignore."

[saltaire111] 21/5/2018 15:19

I just bought shares here. My view is that the contagion with other outsourcers is over done. MER could end up being a considerable beneficiary.

Salty.

[opodio] 22/1/2018 07:11

carillion exposure

[skinny] 27/6/2017 16:46

I haven't looked at these for a few years...




Peel Hunt Buy 450.88 550.00 550.00 Reiterates

Liberum Capital Buy 450.88 540.00 540.00 Reiterates

[bones] 21/11/2016 08:18

Ugly numbers at MTO. Cannot believe MER won't be affected in some way by the industry trend. I have a small short in place just in case at MER but it's illiquid so stop loss in place.

[bones] 21/9/2016 06:42

Is there a read across here from the MTO profit warning this week? MTO had a fairly upbeat message in their previous update yet now declare a bad set of economic issues blamed on Brexit but really down to the living wage regs coming in and govt cuts generally. Is MER exempt from all of that? I wonder if MER's last update was a little rosy in outlook and could prove too optimistic?

[abarclay] 16/8/2016 06:29

Challenging conditions

[dlku] 22/7/2016 07:11

BOB HOLT JOINS LAKEHOUSE LAKE

[woodcutter] 08/6/2016 09:12

A very quiet board me thinks.

I've had a few of these this morning. Strong balance sheet and cash flow, decent profit margin for this kind of business and good dividend yield. It's historic per is much higher than the current level too.

Added to this it's at support so i figure good time to buy.Be nice to see it break the down trend resistance though.

woody

[mikeb01] 05/11/2015 13:35

Why the breakout yesterday and strong rally today? No RNS or rerating.

[albanyvillas] 16/6/2015 16:24

hxxp://www.construction-manager.co.uk/news/eu-court-rules-5-vat-ener0gy-savi5ng-prod6ucts/

not good for mears

[hawaly] 08/5/2015 07:10

It's peoples' perception and uncertainty.

I think some other outcome has caused the real blip......

[cestnous] 22/4/2015 14:54

You've caused a blip ther CR :¬)

[cockneyrebel] 22/4/2015 14:42

Also it's outsourcing - they are going to have to outsource community care as they can't run it all out of the NHS budget - this MER work won't be regarded as NHS spend imo.

CR

[cockneyrebel] 22/4/2015 14:41

Chart trending up again here imo - trading update mid May.

Labour aren't going to be running anything hawley - imo.

CR

[hawaly] 15/4/2015 21:28

Telegraph seems to agree with the sentiment: