Biffa Share Discussion Threads

[rogerl] 06/12/2006 09:21

beaudelaire- I could not have put it better myself, this is one which makes for a good nights sleep, now back to decide what to do about SOLA

[watwungyi] 06/12/2006 09:21

I agree beau. Haven been working out full year figure. I estimate the revenue to be around 743-750 million with pre-tax profit around 75 million. That could only increase with securing of further contracts which I am optimistic about as local concils nowadays are looking for a kind of service Biff's been providing through government PFI scheme.
The company has generated good amount of cash and reduce its debt. And also I am impessed with the way the accounting has been reported. Very lucid, precise and easy to follow. That shows something about the management. Even if they are not interested in merger or takeover bid now, which might further reduce cost, it should do well on its own. EPS seems hard to work out as it demerged from Strent.
It is dollar-proof too! So good one to shelter in considering what's being reported about world economy in general.

[beaudelaire] 06/12/2006 09:08

wat -
For someone patient and willing to wait 1 - 2 years this is one
of the most defensive and safest stock to have in a portfolio.
- The business is in demand forever
- Growth to be significant in coming years with
European legislation on waste disposal.
- Takover target
- Gives a dividend
- A very denfensive stock

[watwungyi] 06/12/2006 08:50

I think it's a strong result with improvement in all divisions. Most impressive perhaps is special waste division where the margin is up 90% and the new legislation about hazadous waste will help the company. I think I will enjoy staying with this for years to come.

[watwungyi] 06/12/2006 08:29

'Totally enjoy being independent' Biffa CEO Martin Bettington said. What do you make of it guys?

[watwungyi] 06/12/2006 08:23

Thanks beau,

Biffa CEO i/v with bloomberg now. Go to www.bloomberg.com

[beaudelaire] 06/12/2006 08:20

wat -
Biff is now reporting under new format.

[watwungyi] 06/12/2006 08:08

Operating profit (pre-tax) stays at 12%. Presentation is due at0930. We'll probably see some reactions then.

[theband] 06/12/2006 07:59

anyone for coffee and biscuits

[beaudelaire] 06/12/2006 07:58

Biffa says pretax up 19.9 pct to 41.6 mln stg; growth across all divisions

LONDON (AFX) - Waste management services company Biffa PLC has posted
first-half profit before tax up 19.9 pct to 41.6 mln stg, boosted by organic
growth across all divisions.
The company, which recently demerged from water company Severn Trent PLC,
also saw revenues up 5.8 pct to 376.5 mln stg in the six months to September 29.
Biffa's maiden interim dividend was set at 2.1 pence per share.
Chief executive Martin Bettington said, "Biffa has delivered a strong set of
maiden results, with all divisions achieving organic growth in the first half of
the year."

[e-mail]
mr/vb

[beaudelaire] 06/12/2006 07:57

Good morning wat & theband -
Hopefully it will take off from now.
theband - All divisions powering ahead - meaning this is better than
expected in terms of outlook and future growth.

[theband] 06/12/2006 07:44

Beaudelaire..is this in line with expectations....looks a bit good to me...as you know I never had any doubts for one minute.

[watwungyi] 06/12/2006 07:42

Good morning beau-

What a good news! Up over 300?

[warranty] 05/12/2006 19:29

Hey theband, are we keeping you up? :-)

[46pete] 04/12/2006 14:00

Yes,lets hope it keeps on going!!

[rogerl] 04/12/2006 13:49

Nice lift today ahead of the results

[warranty] 03/12/2006 17:28

The only way these will "fly" is if a bid comes in which I wouldn't entirely write out of the equasion but other than that I see BIFF as a steady riser which should pay a good divi and let you sleep at night.

Exciting I don't think it is, but profitable I do, though I think we'll all need a little patience.

If you're looking for excitement theband then I think you're right to sell but at least wait until you're even. Good luck and lets hope there's good news next week to help you out with the share price

[theband] 02/12/2006 03:17

Sorry Warranty, but I bought these cos MR DEMOLITION MAN said they would fly. Ever since then i've been so excited i can't sleep.

[warranty] 01/12/2006 21:19

theband, almost certainly results at 7am but why you'd be looking to sell I can't fathom. This is a newly listed company with strong growth potential and good defensive properties. Stick them in an ISA, forget about them for a few years and you'll be well rewarded. Selling if they fall a little doesn't make sense surely??

[theband] 01/12/2006 08:41

Still waiting on runway, any idea what time results announced Wednesday, and wheres the best place to get news first. I'm gonna have my pc on results and laptop on with finger hovering over buy/sell button.

[theband] 30/11/2006 08:17

And to think i sold Premier con oil for about 50p. Off out now, good luck today.

[46pete] 30/11/2006 08:11

Good reason to be pi..ed,I am still into ALY from years ago and VOD!!!