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?

Mears wins 200m Brighton housing contract
Business Financial Newswire
Support services group Mears has won a ten-year 200m contract from Brighton & Hove City Council to provide housing stock upgrades, repairs and maintenance services.

CEO Bob Holt said, 'I believe this to be one of the largest contracts of its kind awarded in the UK ever and represents a significant move to a long-term partnership for Brighton & Hove.'

Mears has won contracts worth a total of 400m since April and has a strong pipeline of bids, said Holt.

i'm getting ready to short.
regards
jkd

Results well received!

Interim management Statement.

Trading update

Mears has continued to experience strong trading across all divisions since announcing the interim results in August 2009. The forecast full year results are in line with management's expectations.

The Group has announced new contract awards in excess of 450m since the annual results were published on 10 March 2009 and we continue to build on this strong performance with an order book standing at over 1.7bn. The bid pipeline is strong and we are currently at advanced stages of negotiating further significant opportunities. We anticipate reporting a record year for growth in our order book.

The demand for our services has never been stronger. Our two growth markets Social Housing and Domiciliary Care, which account for approaching 90% of Group revenues, are defensive markets where spend is largely non discretionary and afford us substantial immunity from bad debts. Moreover as a result of our quality partnership relationships with first class public sector customers, we have not experienced any work delays from our public sector customers.

New Contracts.

Mears is pleased to announce the award of new contracts across all three
operating divisions.


The awards have an initial value of GBP113 million and are subject to contract
extensions taking the total worth to in excess of GBP200 million. This takes the
aggregate total of new contracts awarded in the nine months since Mears
announced its preliminary results to in excess of GBP550 million with a
potential worth in excess of GBP650 million, subject to contract extensions,
which would result in a record year for the Group in terms of both new contract
awards and order book.

bought in this morning...looks good

Offer for Supporta plc

Summary of the Offer

The boards of Mears and Supporta are today pleased to announce that they have reached agreement on the terms of a recommended offer by Mears to acquire the entire issued and to be issued share capital of Supporta.
The Offer will be on the basis of 0.115 New Mears Shares for each Supporta Share.
The Offer values the entire issued and to be issued share capital of Supporta at approximately 27.2 million and each Supporta Share at 31 pence (based on the Closing Price of 269.5 pence per Mears Share on 17 December 2009), representing a premium of 55 per cent. to the Closing Price of 20 pence per Supporta Share on 28 October 2009 (being the last business day prior to the commencement of the Offer Period).
If the Offer is declared unconditional in all respects, Mears will issue up to 10,088,670 New Mears Shares giving Supporta Shareholders up to 11.94 per cent. of the Enlarged Issued Share Capital.
The acquisition of Supporta will, inter alia, provide Mears' Domiciliary Care division with increased scale and thus enable Mears to pursue further, larger and more comprehensive contracts, particularly given Local Authorities are increasingly seeking to reduce the number of providers for outsourced services.
The Supporta Directors, who have been so advised by Brewin Dolphin, consider the terms of the Offer to be fair and reasonable. In providing advice to the Supporta Directors, Brewin Dolphin has taken into account the Supporta Directors' commercial assessment of the Offer. The Supporta Directors intend to recommend unanimously that Supporta Shareholders accept the Offer as the Supporta Directors have irrevocably undertaken to do so in respect of their own beneficial holdings in Supporta comprising, in aggregate, 620,000 Supporta Shares, representing in aggregate approximately 0.72 per cent. of the existing issued share capital of Supporta.
In addition, Mears has received irrevocable undertakings to accept, or procure the acceptance of, the Offer from certain other Supporta Shareholders in respect of, in aggregate, 29,508,122 Supporta Shares, representing approximately 34.13 per cent. of Supporta's entire existing issued share capital. Accordingly, Mears has received irrevocable undertakings to accept, or procure the acceptance of, the Offer in respect of, in aggregate, 30,128,122 Supporta Shares, representing approximately 34.85 per cent. of Supporta's entire existing issued share capital.

Pre-Close Trading Update

RNS Number : 2293F
Mears Group PLC
08 January 2010

8 January 2010

Mears Group PLC
("Mears" or "the Group")

Pre-Close Trading Update

Mears is pleased to announce that it expects to report another successful
trading outcome for the year ended 31 December 2009 with particular focus on
its robust management of working capital with strong cash conversion of
operating profit.

The Group has already secured 75 per cent of its consensus forecast revenues for
2010 and the forward order book stands at GBP1.8 billion. Mears has previously
announced new contract awards in 2009 of in excess of GBP550 million with a
potential worth in excess of GBP650 million, subject to contract extensions.
This will result in a record year for the Group in terms of both new contract
awards and order book level. The bid pipeline continues to be strong and the
Group is currently at advanced stages of negotiating further significant
opportunities.

Commenting, Bob Holt, Chairman of Mears, said:

"I am delighted with the progress made across the Group during 2009,
particularly with our achievements in continuing to build a successful care
provision along side our social housing services.

The demand for our services has never been stronger. Our two growth markets
Social Housing and Domiciliary Care, which together account for approaching 90%
of Group revenues, are defensive markets where spend is largely non
discretionary and afford us substantial immunity from bad debts. Moreover as a
result of our quality partnership relationships with public sector customers, we
have not experienced any work delays in the areas in which we operate".

The Group will be announcing its preliminary results for the year ended 31
December 2009 on Tuesday 9 March 2010.

Excellent trading update..very happy with my Dec bought investment in MER...hopefully this'll continue to strengthen gradually to 330p+ over the coming months :-)

Nice bounce yesterday and today - Arbuthnot reiterated its 340p target.

Cool!...onwards & upwards from here! 335p will do me!

Final Results.

Summary of Operations and Outlook

Financial:

Major tender successes, with record contract wins valued at over 650m in the last twelve months.
Group operating margin increased to 5.3%.
Operating profit to cash conversion at 108.7%.
Strong balance sheet with net funds of 6.5m.
New bank facility for the enlarged Group committed of 85m until June 2013.
Dividend increased by 20%.

bought some more this morning..hoping for a 30% gradual re-rating in the sp from here in the coming months. (imho)

Nice RNS this morning.....

Mears Group PLC
("Mears" or "the Group")

GBP170m Contract with London Borough of Lambeth
Repairs, Maintenance and Improvement Partnership

Mears is pleased to announce that, subject to leaseholder consultation, the
London Borough of Lambeth intend to award a long-term partnership contract to
provide responsive repairs, void refurbishment, estate management, decent
homes and planned maintenance. The contract relates to the North housing region
which includes around 8,000 of the 20,100 tenanted homes within Lambeth.

The 7 year contract; (with an extension of up to a further 3 years dependant on
performance) is valued at GBP170 million (including extension) and is expected
to commence in October 2010.

Mears Group PLC
("Mears" or "the Group")

GBP300million Partnership Contract
with Family Mosaic Housing Association ("Family Mosaic")


Mears is pleased to announce that it has been notified today by Family Mosaic
that they have agreed, subject to the completion of the standstill period, to
appoint Mears as preferred bidder. The value of the award is GBP300 million for
a ten year period. The contract relates to more than 20,000 homes in London and
the Home Counties and is expected to commence in October 2010.

Mears, as the principle partner will provide a single 24 hour call centre
service for all tenants of Family Mosaic and be responsible for responsive,
void, gas maintenance, property surveying and estates management services.

Family Mosaic is a current client of Mears and is one of the largest Registered
Social Landlords in the UK, providing homes and housing services to around
45,000 people in over 20,000 homes across London and the Home Counties. Family
Mosaic offers a diverse range of housing and support related services including;
general needs housing, sheltered housing, housing with extra support, a
temporary housing department, leasehold management and a tenant support service.

Interim Management Statement.

Mears today releases its Interim Management Statement ("IMS") for the period from 1 January 2010 to date.

Continued strong trading across all the Group's divisions;

Over 500 million of new contract awards in Social Housing;

9 new contract awards in domiciliary care;

Integration of the Supporta acquisition is well advanced.

Trading update

Mears is continuing to deliver strong trading across all divisions.

Since publication of our final results on 9 March 2010 for the year to 31 December 2009, we have announced contract wins of over 500 million in Social Housing and a bid pipeline which still remains in excess of 3 billion. The order book currently stands at 2.5 billion with secured revenues of 91% of consensus forecast for the current year and 77% for 2011.

Just fell off a cliff and in auction.

Stmnt re Share Price Movement



TIDMMER

RNS Number : 3064O
Mears Group PLC
28 June 2010

?

28 June 2010
Mears Group PLC
("Mears" or "the Company" or "the Group")

Further Response re: Price Movement

Following the brief statement made by Mears after the market closed on Friday 25
June the Company is pleased to reiterate that it is continuing to deliver strong
trading across all divisions and is not experiencing any downward pressure on
spend in its social housing business. Current trading and strong cash conversion
for the year are in line with management expectations.

In summary:

� Continuing to deliver strong trading across all divisions
� No evidence or experience of downward pressure in spending in social
housing which remains a largely secure and non-discretionary spend
� GBP2.5 billion order book and GBP3 billion bid pipeline
� Winning longer term agreements with Local Authorities and RSLs
� Secured revenues of 91% of consensus forecast for the current year
� Strong focus on cash conversion.

Commenting, Bob Holt, Chairman of Mears Group, said:
"I believe that Mears will now be considered market leader in social housing
repair and maintenance which will add further to an already unprecedented level
of opportunity within the public sector. Local Authority clients continue to
consider more innovative and higher scale partnerships which is already
evidenced this year with major contract wins.

"The quality of our operational delivery and our people underpins our strategy
and continues to give us clear competitive advantage as evidenced by our
enhanced reputation both in terms of the winning of new business and the
recruitment and retention of key personnel. These factors are central in
maintaining a robust revenue stream with our existing client base whilst
providing significant opportunity within our bid pipeline."

ends.