||EPS - Basic
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WS Atkins Share Discussion Threads
Showing 1076 to 1099 of 1100 messages
|The chief executive of Atkins has hinted that his company is open to merger approaches, just weeks after reports of tie-up talks with peer CH2M Hill
|http://m.building.co.uk/news/ch2m-ponders-flotation-or-possible-merger-with-rival/5086022.articleSome further details re: CH2M|
|Well they've been reorganising the business and consolidating departments to make the business structure less confusing and to leverage off each sector to try and offer a more complete client package for projects. However, I've always thought they were doing it for a sell out. The CEO is one for taking big pay and would seem he's now got the company to that stage for a lucrative offer. I can see another American outfit wanting to bid if it's now the case Atkins is up for sale. Black and Veatch won't like CH2M muscling in.|
|Is that a takeover of Atkins. Must be why the share price is up. What price for Atkins share. Valued at about £1.5Bn at the moment.|
|Further M&A - WSP buys Schlumberger's industrial water consultancy business. No financial details given.http://www.theconstructionindex.co.uk/news/view/wsp-buys-schlumbergers-water-consultancy-business?utm_source=twitterfeed&utm_medium=twitter|
|NC: Many thanks for your clarification - R.|
|Interesting that no specific mention of Address Hotel fire (above my post 1004) and/or any liability risk or potential claim unless the specification of the materials was in compliance with the local codes -
Anyone following closely any detailed knowledge of the Address position ?
I was considering a position after the recent fall but lack of clarity either way re Address has kept me on the sidelines|
|Decent finals - seems no reason for the massive de-rating of this share since last Autumn|
|Another fire looks similar cause : Huge blaze hits UAE residential towers. but no reference to WHA - Could they also have consulted in the UAE ?
Anyone any knowledge ?
|A POSSIBLE BEAR CALL. According to the Sunday Times Atkins designed the Address Hotel Dubai "aka The Towering Inferno" The lawyers should have a field day determining liability and cost of repairs- According to the Sunday Times article the cladding panels had cores of "combustible thermoplastic held between two sheets of aluminium"
Even if no eventual liability it could well be a significant call on senior management time (imo etc)|
|Acquisition using up cash - for some reason advfn not showing press release|
|Must have won a big contract.|
|Despite Whoppys stream of negatives, the company seems to be doing pretty well in all markets....if he is correct then the inefficiencies are being handled well.|
|Steady as she goes and good prospects here.|
|Nice and solid
The Group's financial position remains strong and, following an excellent cash performance in the last quarter, we have raised our expectations for net funds at 31 March 2015 to around GBP175m
Expectations were forecast to be 135m|
|I actually think Whoppy's posts make sense and shows one who is close to its operations. Keep up the informative posts!What's your view on the restructuring? Do you think it will be for the better or reorganising for reorganising's sake?|
|Yes, I'd be happy to participate. I suspect whoppy has the same gormless expression as Mister Ed
Give him a bacon sandwich and see how he tackles it.
On the subject of Atkins, he does seem to be spouting. He comes across as one of those people who believes in, stats, stats and facts. At the end of the day when a stock has momentum, all the negatives in the world won't stop it moving northwards. We will see 1400 this week, and thats a Shammy party promise.|
|shammy v whoppy! Are we going to have a head to head TV debate on this one!!|
|This is looking very strong indeed. Wouldn't be surprised to see a return to 1400 this week|
|Just to continue....On top of what you say Atkins are actually going UP today when the rest of the market is down!|
|whoppy, many thanks for that. Much appreciated!|
|It is struggling to compete..Atkins is quite expensive when it bids for work compared to rivals and has lost work as a result. There has been consolidation in the sector with larger consulants taking over others. Atkins have not been able to do this and are not as efficient.Staff skills are hard to find and they can't get the staff they need to do the work. The skills shortage means they have over 1000 vacancies at the moment so are losing a lot of time/money that could be booked to clients. They are not offering competitive salaries either. They have tried to reduce their selling price by increasing to a 40hr week from 37.5 with minimum or no salary increase to staff. As a result a lot of their talented engineers are leaving. They did have to write off £4m last year in their failed bid for Balfour Beatty's US consultant Parsons Bickerhoff. Competition is fierce and a lot of foreign consultants are bidding and winning work in Atkins own backyard. They are also about to spend many millions building a new head office in Epsom. I'm sure their profit margins will come under pressure. They may become a target themselves. On top of this management are having an internal restructure at the moment to cope with the way things are going.
David Tonkin the CEO for UK and Europe stood down towards the end of last year.|
|Any reason why Atkins is traveling in the opposite direction to the rest of the market today?|