Mears Share Discussion Threads

[qs99] 06/8/2024 13:51

really odd sell off, not huge volumes IMO.....yield is decent, net cash growing, £1bn turnover, EBITDA decent.....yet EV is approaching £200m? Very odd.

[johndoe23] 06/8/2024 09:23

Any idea why this is so weak? Stocko showing earnings 28p next year, a decline...

[johndoe23] 30/7/2024 07:32

Strange reaction to an ahead of update!

[johndoe23] 24/7/2024 10:13

No chartist, but share price now right on the lower channel of the uptrend. Needs to hold here.

[phg87] 22/7/2024 13:16

I really like this share but held since mid-March and no real movement. Took about a 2% gain since opened the position. Sold and topped up my position in Cohort instead.

I think this has plenty of room to move up but it looks stuck in a sideways move (though could shoot up after results on 8th of August). Happy to take a back seat and see what happens after results before jumping back in. Only sold as saw better value elsewhere but I could be wrong with this and my other topped up position.

Best of luck to all and hopefully it starts trending up again.

[johndoe23] 15/7/2024 15:07

Haven't seen any large sells today, as yet. But clearly someone has been offloading. Don't have level 2 anymore so difficult to know for sure

[qs99] 15/7/2024 14:32

Well someone appears to be, v. v. strange price action given trading updates and potential...DYOR

[dope007] 08/7/2024 08:58

I would not be selling this with the government we now have

[johndoe23] 08/7/2024 08:27

Someone still dumping large blocks

[phg87] 04/7/2024 13:38

Yet, but trying even with some resistance in the past.If we break 400 then head hopefully up to 430/440.

[johndoe23] 04/7/2024 09:24

Can't break 390. Yet.

[phg87] 03/7/2024 08:21

Hopefully so JohnDoe, share hasn't done much since the jump in January but leasts see what happens now. Trading update scheduled for August 8th.

[johndoe23] 01/7/2024 07:27

Yes that million share purchase hopefully means the seller has now gone. Though bit annoyed as was intending to buy in the 360's today!

[qs99] 01/7/2024 07:22

Maybe a seller cleared and now marching off again....DYOR

[2bluelynn] 28/6/2024 14:11

Big buy at a million shares just hit the book before

[johndoe23] 28/6/2024 11:57

And yet dropping

[standish11] 28/6/2024 09:42

Deutsche Bank raises Mears target to 435 (425) pence - 'buy'

[dope007] 28/6/2024 07:26

This and Kinovo are both strong long term buys

[johndoe23] 28/6/2024 07:23

So PBT this year of say 49M? Mcap of 350M, looks pretty decent value to me!

[johndoe23] 27/6/2024 09:44

Literally flat

[johndoe23] 27/6/2024 08:20

This should be up at least 10%

[qs99] 27/6/2024 07:20

lovely update, muted reaction!

[johndoe23] 27/6/2024 06:14

Good update!!

[johndoe23] 18/6/2024 14:17

Looks like a seller in background