Augean Share Discussion Threads

[lbo] 15/1/2014 11:42

7.658m shares bought in one transaction

[lbo] 13/12/2013 16:46

How to invest in the changing energy market



Augean is a British company that handles low-level nuclear waste, which it buries in special landfill sites. It's hard to get planning permission for such sites so competitors will find it difficult to break into the market. The business is much more profitable than normal waste handling, said James Smith, manager of the Premier Energy & Water Trust. "It doesn't have much debt and has just paid its first dividend," he said. "It's a unique company and its shares are reasonably valued. We increased our holding by 50pc following the results earlier this month."


The cost of decommissioning a nuclear power station



The problem is exacerbated by the fact that much of the country's current power supply, especially its aging nuclear power plants, is reaching the end of its design life and will shortly be closed down. In fact, by 2023, all but one of Britain's currently operating nuclear plants will have ceased operation, with the remaining reactor at Sizewell B soldiering on alone until 2035

The Nuclear Decommissioning Authority (NDA), the body responsible for coordinating the dismantling of closed nuclear power facilities and the disposal of radioactive waste, is learning the hard way just how much decommissioning can cost.

A government white paper in 2002 estimated the cost of decommissioning Britain's current fleet of plants would be £43bn, many times greater than EDF's investment at Hinkley Point. This estimate has slowly been revised upwards since then, finally reaching £73bn in 2007, before the NDA admitted the following year that it could still go up by several billion more

[lbo] 13/12/2013 16:44

Low-level waste volumes from the UK nuclear industry will increase over the coming years. The Augean facility this year has been extended by the Secretary of State in size and life until 2026 and is one of only two sites in Britain that can deal with such waste. Its also operating at prices of about £270 a tonne against £50 a tonne for ordinary industrial waste.

[morton2011] 12/12/2013 09:42

how about reading the last Edison Research note rather than quoting one from 2010?!

blatant ramping

[lbo] 12/12/2013 08:19

Very positive sign! The nuclear waste division does provide a lot of upside to earningshttp://www.edisoninvestmentresearch.co.uk/?ACT=18&ID=2820A report by Edison Investment Research in March 2010 suggested that if Augean was to accept its full quota of radioactive waste, its profit from the King's Cliffe site would be in excess of £100 million per year. With an extension of ten years Augean could make £1 billion in profits over the next 10 years.

[lbo] 03/12/2013 15:32

Construction activity index rose more than expected to 62.6 in November, the seventh month of growth

[lbo] 26/11/2013 17:31

Big increase in shareholding by Schroders to over 10%

[lbo] 10/10/2013 09:46

N+1 forecasts pre-tax profits of £5.2m in 2014

[lbo] 17/9/2013 14:50

from on .

[lbo] 09/9/2013 14:38

UK construction activity surges as housebuilding drives recovery

[bubbleandleek] 16/8/2013 11:03

sorry LBO. IVE JUST SEEN THE ABOVE LINK!!!

[bubbleandleek] 16/8/2013 11:01

fwiw there is a company called NTR who are in the process of returning c100m euros to shareholders.... one of the biggest holders is 151 who in turn own 18% of Augean. Talk is they may use some of these proceeds to further increase their stake in Augean. Maybe a little far fetched but interesting nonetheless.... lets see what the share px does over the next couple of weeks

[lbo] 25/7/2013 11:37

They could even structure it as a part equity and part cash RTO

[lbo] 25/7/2013 11:26

Cerrito they are about to get another €24m Cash dividend from NTR

[cerrito] 24/7/2013 19:50

Thanks LBO for alerting me to this improvement in 151's financial position
I need to say that having first bought in in Jan 2007 at £1.42 based on the then likelihood of a bid from 151 I do have difficulty taking a bid from them all that seriously; if they offered 50p a share by the time thgey paid all the transaction costs they will have to come up with £45m and not clear to me having scanned through the newsletter they have that amount of money

[cerrito] 24/7/2013 13:32

Perplexed but please with share price strength and thanks sammy_smith for pointing me in direction of audio interview which I found very clear.