Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Skidders. - Mears Group (MER) is a fine company I’ve not looked at for some time. But its prospects looks rather perky at the moment, despite admitting a fall in profits. It has just announced a 12% fall in pre-tax profits, to £378 million. The City expected the drop, so the share price did not tumble.
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