Biffa Share Discussion Threads

[peterz] 12/12/2007 08:33

down 8 blimey, opportunity for those out to get in.

[46pete] 11/12/2007 10:41

Thats what I thought Mitzis,still some more to go.

[mitzis] 11/12/2007 08:49

sell if you want pete.I'm holding mine.

[46pete] 11/12/2007 08:33

Is 3.40 the peak,any comments?

[holts] 07/12/2007 16:01

the problem is going to be financing, hence the latest try on at 3.30

[handycam] 06/12/2007 22:31

As I say, call it 360 - 370 tops and one has a deal. No-one wants a Bodycoat.

[markinthepark] 06/12/2007 15:46

Waste management group Biffa rose 11p to 336p after rejecting a second 330p-a-share offer from private equity firms Montagu and HgCapital. Lehman Bros' take-out price is £4.

[markinthepark] 06/12/2007 15:45

Warwickshire move to recycle wasted foodDec 5 2007




By Steve Evans


FAMILIES in Warwickshire will soon be able to recycle unwanted food instead of throwing it away.

Unwanted food will be collected at the kerbside for composting, from next April.

The county council has awarded a multi-million pound, 15-year contract to Biffa Waste Services to treat and compost food waste.

The food will be collected with regular green waste and it will all be composted together.

The system will be introduced in Warwick district next April and is expected to be extended to Stratford later in 2008, and then to Rugby.

[ygor705] 06/12/2007 11:24

I suspect that the Board are right to turn the second offer down. Severn Trent squeezed every last penny out of Biffa before they sold it ..............probably to the detriment of shorter term propects. The phrase "materially undervalues" in the Times article suggests that the Board are looking for something in excess of £4 and the second bid approach is sure to flush out further press comment and possibly other suitors. This story looks set to run for a bit.

[46pete] 06/12/2007 08:29

Ideal,we have all done it when greed gets the better of you.lol.

[mitzis] 06/12/2007 06:30

Biffa in the papers.

[ideal420] 05/12/2007 20:53

coogar I bought SORL in April at 50, they promptly slid to 30p. I bottled it and sold mid June for 50p. By November they were 138!

XPT I bought at 33, stopped out at 30, few months later and they are 48.

Biffa, could have scooped more at 220, twice, didn't having watched the drop from 340, picked up at 257 and watched again the drop.

ACG, bought at 17 and 25, twice hit 34, didn't sell, back to 20.

Very poor judgement!! It's annoying!!

[coogar] 05/12/2007 16:16

Blimey, a 100p/share profit for me in three months!

Makes a change from my foray into ITV around the same time lol

[46pete] 05/12/2007 15:01

What value would we think the company is worth,me not being an accountant?

[oldvic] 05/12/2007 14:37

there she blows

[markinthepark] 05/12/2007 14:30

Company confirmed today it has rejected 330p......

[ideal420] 04/12/2007 21:22

This is all true, but also remember margins are slim, oil is high and credit aint cheap. Which is about the only reasons its not be snapped up given all the other plusses.

Happy to hold out for 380+ (just thankful that 1/10 stocks is currently blue.....now, wheres some cheap effect wood when you need it).

[damanko] 04/12/2007 12:43

Looking at the ever growing list of 8.3 messages/RNS's, seems that Biffa is in play, one way or another. I received a wedge free via the demerger from Severn Trent, and have been adding monthly (still do), via a SIPP. My first message on this board, forgive me if I'm stating stuff already posted. In fact I saw this as a long term investment, not so sure now, with all this activity.

The post re Suez above is interesting, if their waste management business demerges, it seems likely that some European consolidation may happen. Each time I read stuff about the UK industry, Biffa comes out a winner on account of the landfill it already owns, as (I believe) it is no longer legal to purchase land and use for landfill. Brussels diktats etc, I presume.

[peterz] 04/12/2007 08:33

4 Dec 07.
May stimulate more interest.

Suez wins waste management contracts from 2 French cities, total 129 mln eur
AFX


PARIS (Thomson Financial) - Suez unit Suez Environment said it has won waste management contracts from Nimes and Lyon in France with a combined value of 129 mln eur over their terms.

The Nimes contract is for 84 mln eur over seven years, and involves waste collection and cleaning.

The Lyon contract, which will run five years and produce sales of 45 mln eur, is a renewal and expansion of an existing contract for waste management and separation.

Suez Environment is slated to be spun off by Suez in its planned merger with Gaz de France, with GDF-Suez holding a 35 pct stake and having a pact with key Suez shareholders who own at least another 12 pct.

[mitzis] 04/12/2007 08:21

Singapore investment could be a potential bidder after buying a 1% stake..

[mitzis] 03/12/2007 15:49

heading to 350p or so for the short term.

[markinthepark] 03/12/2007 11:41

SO that would still leave us with a bid in £3.30-£3.99 range

[mitzis] 03/12/2007 11:40

Any offer less than 400p I am not interested in its 400p or nothing..!

[wad collector] 03/12/2007 11:39

Part of the mail article;

." The industry source noted that, looking at other recent takeover deals in the waste disposal sector, an outcome in excess of 400p per share in any takeover bid for Biffa would be very unlikely