Biffa Share Discussion Threads

[wynmck] 18/1/2007 19:05

Shares mag today lists "sectors and companies that could profit from corporate activity"
BIFFA:Having been demerged from Severn Trent and listed last October,the waste management firm has performed extremely well.
Half year profit was up nearly 20% and the market views the company as a surefire takeover target.
Directors have been buying stock,another good sign
Shares view :Buy

[watwungyi] 18/1/2007 09:02

But I agree it's difficult to estimate. Even after first full year result it might not reflect the company's full performance. They are expecting the cost to increase after demerger. But if the full year figures are 'near the upper end of the range', then that's gonna be a good sign. One key different between us and institutions is that the management or rather PR dept are not keener on the latter. I've some questions about the company and asked them for clarification but they never replied. For example, there is a discrepency between stated debt figure and the chairman's statement on the amount the company withdrew in this FY. I called them up but they never replied me. So how much percentage should one take up to get an answer from them? Hundred millions shares?

[watwungyi] 18/1/2007 06:58

One way to estimate is to take half year figure from previous year (subtract like-for-like half from full year result) and then add to recent iterim, that would give some estimate.

[bountyhunter] 17/1/2007 22:43

Due to the fairly recent demerger it will be necessary to await the next set of results for an accurate figure I would imagine; someone may have an estimate though?

[buying] 17/1/2007 21:31

Thinking of investing in Biffa, anyone know the PE ratio.

Cheers

[watwungyi] 17/1/2007 16:58

What is DCC, login? I think this is a really precarious time to buy equities or bonds. Inflation readings are not good on both sides of Atlantic. Sometimes successful and experienced perhaps legandary investors advise us to be patient. But they didn't tell to what extent one should be patient. But how long can we be patient? How long can anyone stay without putting any money in the market? One month? Six months? One year? Two years? For Jim Rogers it could be half a decade or even entire decade. That's the knowledge we need. We are too quick putting money in any equity and too quick taking profit. And I am trying to change that habit. It's so difficult. For example, I've been preparing to put money in Tate and Lyle, it's currently trading at 714 down from 820+. And I know that it's going to be a good long term buy, But then when should I pounce?

[watwungyi] 16/1/2007 09:39

the band,
Glad to hear you again. I think technical correction is possible for Biff. So it may not be wrong to wait. But if there were a take over rumor, nothing can kind of stop it. Beau is with VED now and I saw him and chat with him frequently. What I think is this may not be a very good time to buy anything except a few. I've got a couple of stocks in mind which I will hold for a long term. What I mean by long term is at least five years. After all why should I sell if the business is going well. This one is unnoticed when it first appeared. Another one is out there which is largely distressed but it will turn out to be a huge potential from three to ten years. My loss at May last year taught me several good lessons. I want to share you some darling stocks which so-called analysts downgraded. Currently it's trading 400% less than it should be.
I have read Graham, Buffet and Greenwald and made a firm resolve to stick to my discipline. One of the stocks I am buying in large chunk soon is nothing but ... I have been studying it for some time now. In fact one incident made it an excellent buying opportunities for such a such a good stuff. I am a bit too mean a bloke. I am happy to buy at current price which I did. But still want to wait and see the herds(including institutions) pushing it down which I will be gleefully watching then there will be what some say 'buy when others are selling'.
You are very appreciative of others' suggesstions. Some are not so. So I will tell you which ones, the band, and why I am buying. [e-mail] is where I access mails.

[warranty] 15/1/2007 19:04

Never wrong to take a profit theband but I don't think you're likely to see your £2.90 again so don't fret just content yourself with your profit and make a fresh decision on BIFF from today. In my view for what it's worth it's still cheap longer term but I wouldn't buy now if I was trading it.

[theband] 15/1/2007 18:52

The thing is, Biff's only been going since October. Floated at 260, I managed to get out at 290. Now desperate to get back in, looks as though i'm gonna have to bite the bullet and pay through the proverbial nose. What a safe bet this was. What a star.
People reading this thread take note , the absence of shorters/derampers.
If only i had listened to dear old Beaudelaire ( he passed away one starry winters night ), i would be up West doing a bit of shopping right now,instead of sitting here, drowning my sorrows.
Watwungyi has been in this since the early days, listen how content he sounds. ooh woo ooh wat, i wanna be like yoo woo woo, talk like you, walk like you, ooh woo woo.

[watwungyi] 15/1/2007 11:53

Don't have any clue why Biff was so sought after. But to be honest I don't really care whether it goes up to 400 or down to 280 next week. For me this is a long term hold, with a steady stream of cash flow from a reliable and essential business, this one has a lot to deliver. Does anyone know next trading update? I couldn't find from the website.

[what is a login ?] 15/1/2007 10:03

Lehman Brothers set a target of 350p a few days ago. That's one reason I clambered aboard.

[rogerl] 15/1/2007 09:58

6 buys of 20,000 shares or over with one at 58000, no wonder the share price is going north.

[retroz3] 15/1/2007 09:40

ddinksdadd. Thanks for the update re Ferrovial - volume is routine for this time of day but one wonders what is gong on behind the scenes as this morning spike up is impressive for such volume.

[ddinksdadd] 15/1/2007 09:25

Heard on Bloomberg this morning that ferrovial are apparently on the sniff for a UK waste management company. Given the strong recent performance wonder if BIFF is in their sites.
jb

[retroz3] 15/1/2007 09:17

Anyone got Level 2 - it would be nice to know what the order book looks like.

[mitzis] 15/1/2007 09:07

Up nearly 5% on a Monday..

[bountyhunter] 12/1/2007 18:09

yes it's good to see one share doing consistently well since the start of the year!
...oh actually I do have another doing very well currently but much higher risk - MDW

[mitzis] 12/1/2007 18:02

It certainly feels good to hold a share that rises every day.

[watwungyi] 12/1/2007 16:09

Good to own a share like this in a day like this when blue chips are brusing.

[blindfaith2] 12/1/2007 15:09

Normally if your Biffer turns blue it bloody hurts !

[what is a login ?] 12/1/2007 14:34

My Biff turned blue today. Ah! The simple pleasures of life.