The Sunday Telegraph finance editor doesnt like the idea of Mears anymore and, several weeks ago, suggested selling them -@128. Since then, they have been up to 138 and are now around the 130 mark. Since the Telegraph suggestion Fidelity Investment have stached away a 3.31% stake - as have others.All this for a share that was languishing, with others, at 58p just a wee while ago. NOW. How much are they worth? REALLY WORTH. To assess their ability to stay in business one only has to look at the average Council Executive. Reared on HIGH SALARIES and SMALL WORKLOADS their main aim is off load as much responsibilty as possible commensurate with spending extended time on the golf course and at sensible restaurants. Remember High Executives of Councils are not there with the intention of actually working themselves. Mears, therefore, is a ready made OUT for this idle,lazy band of brothers.A responsible, trustworthy, diligent and patently HONEST outfit who will assume the responsibility and afford our overloaded executive the ability to goof off for another lunch/game.YOU KNOW IT MAKES SENSE.Would anyone like to guess if I own a restaurant?

Why is it that, in spite of MANY representations, the Moneyam site for company results, listed under the price quote, seems chronically unable to post those for MEARS. Instead it hunts to international MER and, thus, produces info for Merrill Lynch. It DOES seem to get the charts in but nothing else. WHY ? MoneyAM ?

hilldee,

This is basically due to our supplier not being able to distinguish properly between the 2 and therfore presenting both news stories.

I will let them know that this is happening.

Ian

Thanks IanT(Moneyam) for a prompt reply. Lets hope that your questioning assisted a very nice little rise in Mears, both yesterday AND today.

The chart is beginning to look most interesting in this interesting stock. As the Chairman, Bob Holt, flies off to Australia (what could his mission be?)he gives the new man -Stuart Black - the opportunity to take the reins on Nov 15th in a quiet and unassuming manner. Already welcomed by the Local Authority community Black is expected to perform well in his new role. BUT how far will that role extend and what IS the future for one of AIM's better performers? If the chart IS to be believed, then we now have a sight of 230p and if the little birds are correct, there is ample new business to justify this price. Bob Holt has always been most conservative in his approach to acquisitions and Mears have yet to raise additional funds. But there ARE possible purchases out there and a sensibly pitched rights issue, just as these return to popularity, could prove to be the means to pitchfork Mears into the BIG time.

How sad that no one seems interested in this stock. Ticked up another 2p today to a boring old 193p It has ALL the makings of a real fortune for sensiblke investor's but then, I sense that these are few and far between on this website.
But is there ANYBODY OUT THERE who has read my little sallies over the years and has joined me in the never ending upward surge of this magnificent investment....IF SO PLEASE OWN UP. Do I have to grow rich all alone ?

Just as always, this posting will be greeted with the boredom the others have been BUT will SOMEONE admit to having invested in this miraculous little company. Starting life at 10p in '96 it is now on its way to the 230p that will represent its new resting place UNTIL IT DOES ANOTHER MAJOR DEAL AND PROPELS ITSELF FORWARD AGAIN. Come, join me Brothers. See the light. Be converted to the'new way'. Make some money, for a change. Hallelujah..come and be saved.

Hello Hilldee,

I'm not really a regular poster on money am, so excuse my failure to communicate regularly. You might find a few more posters on iii.
I'm still holding on awaiting moves upwards. Still of the view that maintaining 40% EPS growth rate will be tough especially as the business gets bigger.
How come you know Bob Holt is in Australia?
Also interested to know why you believe the chart says 230p is the next stop. I'm a bit of an astrologer with the charts but all I can see is a gradual flattening out of the graph.
Results are not due until March so methinks some news is needed to get a move before then.

Smile

I too see a gradual flattening of the graph.
I've held these for a dog's age, doing nicely as a result, but I can't see them continuing to rise at the same rate. Seriously thinking of halving my holding to ffree up funds for opportunities elsewhere.

I prefer to look at all the funds that have invested over the years. Most of them know Bob Holt well and all will have met the new incumbent CEO.Being a wily old bird I think it possible that Holt has kept his powder dry for an announcment - somewhere along the way - which will support the new guy and ensure further support.Like a joke, its all in the way you tell it !!!

its knocking on 200p...and, when its thro' that FIRST STOP 230P

Oh, what a bootiful morning. Now its one of Inv Chronicles SUPER stocks.And NONE of you would listen. Ah well, I cant put it ALL into one Bank, its too risky.

Please keep watching this little beauty.

One of the Directors - Philip Malloy - sells 255000 shares and the stock barely wobbles. Your check on the records may show that this one has disposed of stock before so, possibly, he's one of those guys with a big hole in his pants. The other Directors seem content to hunker down and make their fortunes.

There were rumors, yesterday, of a possible bid for Connaught, which - if it has nothing else - has an excellent PR outfit. Whatever the attraction in Connaught must be DOUBLED in Mears, which makes considerably higher margins (up to 33% more in some operations) The secret, not yet discovered by Connaught is in the handling, both of work AND staff. Connaught MIGHT be worth buying..but it would be even more advisable to seek success, for which you only have to look to MEARS.

There were rumors, yesterday, of a possible bid for Connaught, which - if it has nothing else - has an excellent PR outfit. Whatever the attraction in Connaught must be DOUBLED in Mears, which makes considerably higher margins (up to 33% more in some operations) The secret, not yet discovered by Connaught is in the handling, both of work AND staff. Connaught MIGHT be worth buying..but it would be even more advisable to seek success, for which you only have to look to MEARS.

A Merry Festive season to all the wise folk who have invested in the wonder stock - Mears over 2004. And a cautionary word to all those thinking of putting some money into this stock in 2005. Make sure you invest EARLY since Xmas 2005 will see this one showig a hefty gain on todays price 206p Yes, thats 206p

Can I remind you all, for 2005?

A trade of 195000, @206p as a SELL and the price rises by 2p.I did tell you to invest EARLY

Dec 29 - 206p Dec 30 - 208p Dec 31 - They are, now, paying in excess of 212P.The Malloy overhang is gone and the future looks quite bright, thank you very much.

I am told that, on another site, there has been a forecast of 276p for Dec 31.'05.