Augean Share Discussion Threads

[chrisdgb] 03/3/2011 09:08

bought back in here, convinced a bid will happen eventually..

[jezcentral] 04/2/2011 12:55

When do we hear about the appeal to store Low Level Waste? That's been trundling on for ages!

[lbo] 27/1/2011 11:17

Wetherby-based hazardous waste business Augean says its pre-tax profit and exceptional costs for 2010 are likely to be slightly ahead of the expectations. That's despite the impact of the recent cold snap.

In a trading update this morning, the business said it also anticipates a further reduction in net debt following continued "positive cash generation" across the group.

The statement said: "We have continued to develop our key strategic opportunities during the second half of the year with a focus on enhancing the group's return on capital employed."

It said it had made progress with "strategic opportunities" and the land remediation market has shown "signs of recovery" in the landfill division.

The company added: "The board remains cautiously optimistic over the outlook for the year ahead. Trading has started positively in the early weeks, particularly in the landfill division where we anticipate capital cell engineering at all three of our sites during the year.

"With forecasts of modest growth in industrial outputs, North Sea exploration and land remediation projects we expect that the group's broad service offering to our customers and strong asset base, coupled with the delivery of our strategic opportunities, will lead to improvements in profitability during 2011."

[lbo] 27/1/2011 11:15

Augean profits expected to be ahead

[lbo] 27/1/2011 10:10

Augean - Encouraging signs

Despite the severe weather, Augean's pre-close IMS demonstrates that actions to restructure the business improved performance ahead of expectations. This is underpinned by an impressive demand recovery with landfill volumes up 18% year-on-year, offset to some extent by pricing pressures. With nearly all Treatment sites profitable and a clear timetable on progress on the strategic revenue opportunities, we feel the outlook for the group is improved, although we remain cautious for 2011.

Augean manages hazardous waste streams through two divisions: Treatment (53% of 2009 sales) and Landfill (47%). The group provides its services at 10 locations across the UK.

[philjeans] 02/1/2011 12:53

Interesting piece here - I continue to hold.

[lbo] 16/12/2010 20:16

UK government agrees to subsidise nuclear power companies' prices

[lbo] 14/12/2010 13:51

UK taxpayers face unlimited nuclear waste bills if costs spiral

[cerrito] 05/12/2010 17:10

let's hope for the share price the weather improves...remember what they said in the July 2010 trading statement
"Following a difficult start to the year as the extreme weather conditions significantly hampered the Company's ability to move waste, "

[499budgie] 04/12/2010 06:19

i bought some of these on the sumption that the waste industry will consolidate and the area of waste management will grow....and AUG have a nice area of the uk market...I think AUG are ripe for a takeover, once the northampton site is cleared up......I own shanks and they look like they need to fatten up before they get eaten up.....

[philjeans] 19/11/2010 14:11

A top pick in Shares Mag this week; reckon it's a strong buy on getting PP for its low grade nuclear waste site early in the NY.

[lbo] 10/11/2010 12:01

DCC has capacity to spend up to €500m on acquisitions

[half a scargill] 11/10/2010 16:05

A little volume is all it needs.

Bought some more these last few days. I reckon we'll have a predator soon enough.

[site manager] 07/10/2010 12:32

LBO - Do you thing AUG would be a good buy for Shanks ?
Shanks maybe needs to bulk up a bit to avoid another bid for itself ?
Regs,
SM.

[lbo] 06/10/2010 22:27

Tom Drury profile: Shanks chief puts UK at the heart of his agenda
Tom Drury, chief of recycling specialists Shanks, attempts to persuade investors to fall in love with waste.

[lbo] 06/10/2010 22:25

Tour of Augean landfill facility

[augustus caesar] 02/10/2010 23:29

What rubbish management for a rubbish company.

They've already chucked over £100m of your dosh down the gurgler.

First half blamed on winter...second half will be blamed on government cuts.

Sell, if only because you'll be able to buy back more cheaply.

Throw them to the lions.

AC

[site manager] 29/9/2010 11:58

Small piece in todays Times page 49.
To sum it up " what a good name for a waste management business "
Regs,
SM.