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Oh but douggie i do.
You posted your only purchase note, dont you remember? Want me to repost it?
Underwater, four or five years later - and still bleating on on here that its a bargain. so funny.
It might very well be for those that bought in cheaply since it crashed after you took a few, but not for a ramper like you that definately didnt, its not cheap at all.
Its been a capital depreciating finance trap for you.. For four or five YEARS.
Not bad for (quote) " an 18 year professional investor" as you call yourself
Daytroll, never mind all that deflection from your ridiculous SELL rec when SP was 152p. Also, you have no idea of my average or total holdings here.
The real question is : Do you still think the slight delay in reporting results is (and I quote):
"Ooooooh, full year results not availible for when due? Due to a SINGLE persons signiture?
try pulling the other one, theres something amiss here id imagine."
"Doesnt sound good lads, similar news has tanked other companies very recently."
Evening Unclue
Dont nip in here to often, far more pleasurable things to occupy my time, but im pleased to see the sp here has finally increased a little.
Still nowhere near your posted buy in price from all those years (4 or 5 years isnt it?) ago, so i dont think you can count this one as anything less than a disaster still.
Maybe when/if you actually get 'evens' on your investment the time to crow will arrive, but the idea is to make a PROFIT old boy. Which you STILL havent lol.
Until then, your STILL underwater, and trapped in in this one.
You never did answer me when your "this will be worth 300 soon" year end was?
Very economical with the truth you still are, arnt you ;)
Carbon zero retrofits for council properties is going to be a big money spinner over the next few years. I see it's starting already. Good to see Mears are in on this early and likely to take a big slice of the action both public and private. Govt is likely to penalise bodies not doing their bit for the carbon zero push. Mears focussing on this arena is big positive in my opinion.
This has momentum and £3 appears within reach. If it gets there anybody who got in at £2 around the time of the results will have a nice 50% profit
Daytroll, do you still think MER was worth selling at 152p?
Why do you never answer this question?
Just wondering what you think because it's up 59% since you said that.
Results are out and they look very good at first glance. Be aware that some posters pollute these boards just to stalk people and to troll and start fights, best thing is to ignore them. Hope nobody sold on DayTrade's advice. He thought MER were worth selling when the SP was at 152p. He also suggested the delay in releasing the results was a warning sign the company would "tank". Sorry DayTrade you got it wrong again. Read the RNS. Lots of good positive news for MER going forward.
---------
David Miles, Chief Executive Officer of the Group, commented:
"I am delighted with the strong performance of the Group, and these are a terrific set of financial results. Our market leading position, based on a clear strategy and resilient operating platform, has underpinned this performance, and positions the Group for further sustainable growth in the medium-term."
---------
DayTrade commented:
"Ooooooh, full year results not availible for when due? Due to a SINGLE persons signiture?
try pulling the other one, theres something amiss here id imagine."
"Doesnt sound good lads, similar news has tanked other companies very recently."
"Should have dumped this duffer a few years ago"
There is enough information freely availible on the Net to gather a sufficent overview of what is required, for example here, https://www.frc.org.uk/auditors/audit-assurance-ethics/auditors-responsibilities-for-the-audit indeed, the rns states that onboarding of a replacement signitary is underway. one would think that all the proceedures and paperwork of the previous individual will be clearly there to be examined and reviewed by the replacement as to his/her acceptance, reliability of most data, right questions asked, investigated, details evidenced etc etc.
EY state such investigations were 'on track', so, although a different signitary maybe required, the bulk of the leg work will be in place and should just need sufficent secondary examination by the replacement as to his/her confidence in it, acceptable to him/her.
There is hardly a need to start right from the starting line i would suggest. Staff movement retirement illness etc etc as well as any amount of unknown future events would create mayhem otherwise and render the organising of the while process totally ineffectual.
No wonder the 'big four' are always on the backfoot.
You obviously how no idea how audit works. One person signs off the audit report. If that person is absent through ill health or whatever, a new partner with sufficient spare time needs finding, and taken on a crash course of how a business operates and how all the audit procedures have been designed and carried out. That's why the share price has not reacted - II's understand this
"The Group's external auditor, Ernst & Young LLP (EY), has informed the Mears Board that, due to an unanticipated absence of the senior statutory auditor responsible for signing the Mears accounts, the senior statutory auditor will not be available to complete the audit process of the 2022 financials which were due to be released on 30 March."
Ooooooh, full year results not availible for when due? Due to a SINGLE persons signiture?
try pulling the other one, theres something amiss here id imagine.
Doesnt sound good lads, similar news has tanked other companies very recently.
I wouldn't write this one off just now. There is currently a bidding contract worth billions (Government) just about to be announced for the Scotland side of Mears (North Lanarkshire), this is possibly the largest contract being bidded on for the full of the UK. And to top it all off Mears are the only ones in for it!
This will fly if it's successful!!
Just think what you could have made over the last four years with that reduced capital you now have.
Not only is the capital significantly down - circa 40% - you could have actually used that reduced value elsewhere to make back your losses. Oh, and i wont mention the buying power its also lost through inflation on top of the capital loss.
Should have dumped this duffer a few years ago 8m afraid, anybody with any sense would have.
And you know im right realy, but keep up the delusion and denial ;)
Yeah yeah doug, heard that nonsense before from you - "i had other tranches/trades" you say it ALL the time yet never pony up any evidence or post buys/sells in advance at all do you old man?
Why is that?
So that bs is about as believable as the Tooth Fairy im afraid.
You've cried Wolf so so many times those that waste their lives reading your posts over time know you talk cobblers.. Its almost in every breath and your as transparent as glass im afraid.
If i was you id be making myself up a different account name and starting with a clean slate, people are wise to you.
You keep worrying about spellings though, im here to make cash, hence taking no notice of useless money losing rampers pretending to be "18 year professional investors" like you claim you are LOL LOL.
Nah son, the spike would've been 540p in 2017 but I didn't expect you to know that. All about the timing and buying and selling tranches at different prices. I've been in and out here since 2011. I see you only seem to know about my 2019 tranche @274p. Never mind. Maybe I should have sold that one @152p when you told me? LOL.
BTW embarrassing has two s's. Ironic that you can't spell - embarrassing almost. Anyway, always happy to educate the unintelligent.
And which years results are those we are waiting for, 2024 or 2025 now?
How much more "patience" are holders expected to have?
you've been saying "300, 300, 300" etc ever since you bought in at 274, nearly FOUR YEARS AGO now.
You picked another pup on a spike when you bought in, and still try to claim credability.
Your embarrasing with all your nonsense mate. An "18 year professional investor" you posted
But you do make me chuckle
At least it's still up on your ridiculous sell note at 152p DaytradeNumpty. Results soon, then we'll see.
"Uncle_Doug
Posts: 2,288
Price: 219.00
No Opinion
RE: A further year on2 Mar '23
Pleasantly surprised to see this creeping up. More good momentum last month."
Gone and sprinkled your 'magic hand' on this one again i see Doug, down 10% in anflash after you bigged it up. Happens every time.
How much "patience" is needed here, you never did say?
Does anyone know why the drop ? I thought we were on a steady role here.
Pleasantly surprised to see this creeping up. More good momentum last month.
A further month on and a slightly lower very very static sp, still
Whatever on earth is going to move this. Worse than watching paint dry.
up 11% on last month. As I said , need patience with this one.
Just looking back over my long term watch list and am a tad confused on timings guessed at below.
Which actual "year end @ 300" are we talking about here?
Think we missed in 2021, as stated below.
then we missed in 2022
Maybe its 2023, but note we need a huge 50% increase for that still.
Maybe its 2024 realy, but who knows with such a static sp.
Uncle_Doug
Posted in: MER
Posts: 2,171
Price: 197.00
No Opinion
RE: Buying ?25 Mar 2021 09:48
Good company. Trading update today was very positive. "strong progress against all its key strategic objectives" and "I am delighted at how well the Group has started the new year."
Of course there will be profit taking along the way but MER is seriously undervalued and markets will soon want a slice of the action. All looking good for future returns. Maybe hit 300p by Y/E.
One of the few risers on a bad day for markets
SP is a bargain. With that trading update I'm confident SP will adjust significantly upwards from here. Need patience with this one.
Massive volume today. Something happening maybe?