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?

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.

WHAT A GEM OF A STOCK

Oh Boooootiful day. 221.5p and a year ago the Telegraph thpought there was no more steam left in them @ 128p. But then they had to SELL the paper,too

Another day, another dollar - well, not quite but still a good mark up they are paying 226.5p now.

Jan 4'05 221.5
Jan 5'05 226.5
Jan17'05 238p
You could have made a turn since Xmas - but you probably all missed out.

Hi Hilldee,

Bought 1K @ 259p on 16/8 on behalf of my local share club. Hope you are still holding and as you have previously said, overall this share is a steady climber.

Hopefully this will continue over the coming months.

Regards

p+f vertical count gives a target of 291 time is not taken into account