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How far can the Mears price rise on current trading (MER)     

hilldee - 19 Nov 2003 12:09

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?


Chart.aspx?Provider=EODIntra&Code=MER&Si

hilldee - 25 Nov 2004 10:53 - 24 of 184

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

hilldee - 26 Nov 2004 10:29 - 25 of 184

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.

hilldee - 30 Nov 2004 10:33 - 26 of 184

Please keep watching this little beauty.

hilldee - 10 Dec 2004 12:02 - 27 of 184

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.

hilldee - 16 Dec 2004 10:27 - 28 of 184

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.

hilldee - 16 Dec 2004 10:27 - 29 of 184

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.

hilldee - 24 Dec 2004 10:02 - 30 of 184

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

hilldee - 28 Dec 2004 11:55 - 31 of 184

Can I remind you all, for 2005?

hilldee - 30 Dec 2004 14:04 - 32 of 184

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

hilldee - 31 Dec 2004 09:55 - 33 of 184

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.

hilldee - 31 Dec 2004 16:30 - 34 of 184

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

hilldee - 02 Jan 2005 11:13 - 35 of 184

WHAT A GEM OF A STOCK

hilldee - 04 Jan 2005 17:43 - 36 of 184

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

hilldee - 05 Jan 2005 10:54 - 37 of 184

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

hilldee - 17 Jan 2005 10:59 - 38 of 184

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.

Tenereds - 18 Aug 2005 10:31 - 39 of 184

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

Snip - 18 Aug 2005 10:38 - 40 of 184

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

Tenereds - 30 Aug 2005 10:09 - 41 of 184

Confirmation of what I said a couple of weeks ago that this share is a steady climber. Following the publication of the undermentioned interim results this morning the SP has risen to 272/276p.

This is a share for the bottom drawer.

Mears Group PLC
30 August 2005

MEARS GROUP

INTERIM RESULTS

CHAIRMAN'S STATEMENT


The highlights of our performance for the first half of 2005 are:

Profit before tax and goodwill amortisation up 41.8%

Social housing turnover up 51.8%

Cash inflow of 1.7m after absorbing strong growth

Contract wins valued at 220m

Order book at 960m

Normalised earnings per share pre-goodwill amortisation up 40.6%

Dividend up 40%

Watch this one to continue to gradually climb to 300p and beyond.

Tenereds

hilldee - 30 Aug 2005 10:28 - 42 of 184

Don t often post on this one anymore - sinc e there seemed to be little enthusiasm from anyone. My latest estimates are 320p BEFORE year end. So. Thay are still worth buying and will be for a wee while yet. Congratulations, for you perspicacity, foresight and common sense, to anyone who took notice of my remarks - now so long ago. We shall grow rich together!!!!!

Snip - 30 Aug 2005 10:36 - 43 of 184

p+F first target is 338 for those who don`t know: p+f does not take time into account

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