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Mears

February 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MER
  • Price:
  • 271p
Having had forecasts downgraded by 10% after the government cut solar feed in tariff (FIT) in half back in December, rendering that bit of sideline business unprofitable, Mears has issued a statement confirming that results will be “in line” with those reduced expectations. As was the case in December, it continues to see solid trading in its core Social Housing and Domiciliary Care businesses where, in fact, the order book has improved by a further £0.1m to £2.8m. On the social housing side it has won 44% of all its pitches in the past nine months, with a total value of £0.55 billion, whilst that for care is 69% and £60m, respectively.Mears will be reporting its results on 20 March and o ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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