Mercury Recycling Share Discussion Threads

[pelleeds1980] 25/9/2009 09:07

Market doesnt like the results

[downturn] 16/9/2009 18:21

Last year they were out on the 8th....

[mr hangman] 16/9/2009 17:22

Anytime now...

[2007fin] 16/9/2009 16:18

when are results out ?

[mr hangman] 01/9/2009 09:06

Yes 100w lightbulbs band in europe as of today, & this goverment is inforcing it...

[notanewmember2] 01/9/2009 07:41

Champagne today?

[jayson26jay] 27/8/2009 16:17

thanks for sharing the information, very interesting.
This company has been in business since the 80/90s, seems to be well run. They have recently invested in some new equipment to recycle more lamps, and are also marketing the equipment for sale.

MRG have the technology and experience to handle this waste.

IMO, DYOR.

[ronwilkes123] 26/8/2009 23:19

i dont pretend to be an expert in this company, but i did work for Lampcare (UK) Recycling Ltd, when i left the business they had lost contracts and had been shut down for a period for EA, and HSE issues. If this company (mrg) is run properly, then it should have no problems taking market share from Lampcare or Electrical Waste Recycling Group as they are known now.

[jayson26jay] 26/8/2009 22:46

nice pick up today.

[jayson26jay] 19/8/2009 19:48

lots of vol today.

[pugugly] 19/8/2009 10:52

Still trending down - Could be results have leaked or stale bulls bailing out.

Has anyone heard any rumours ?

[jayson26jay] 14/8/2009 20:06

results out next month, over sold at these levels.
good time to buy.

[tophalf69] 20/5/2009 12:09

Thank you eburne.

[eburne1960] 20/5/2009 12:03

I don't get the email, but I got it off of the Penny Sleuth archive section at fleetstreetinvest.co.uk. I've pasted it below:


The mercury recycling company with huge growth potential
Date 19/05/2009
Penny Sleuth - The Penny Shares Expert | By Tom Bulford
Dear Reader,

My electricity supplier has sent me four energy-saving light bulbs. I suppose I should be grateful, but I am not. I hate these things. They are big and ugly. They give us about as much light as a flickering candle. Medical experts reckon that they could give me a dose of radioactive radiation. And thanks to a conspiracy in favour of these inadequate household objects, it is becoming harder and harder to buy good old fashioned tungsten filament light bulbs. OK, so these have to be replaced from time to time but at least they do what a light bulb is supposed to do – allow me to see in the dark.

I have been thinking a lot about light bulbs lately. These 'energy saving light bulbs' that are being forced upon us, are in fact the same fluorescent tubes that are used to light up the factory floor or the school dining room. But to adapt them for the home, the tube is made smaller and is bent and squashed into something resembling the traditional filament bulb.


The mercury in one fluorescent light bulb pollutes 30,000 litres of water

Now we are being badgered into using them. But if we would only wait for a few more years, we'd be able to switch to a revolutionary form of lighting. One that is not only highly efficient in its use of power and generation of light, but also highly robust. This is 'solid state lighting', where the light is generated by a type of semi-conductor called a 'light emitting diode' (LED).

While we're waiting for this technology to be translated into products suitable for the home, we are torn between straining our eyes under energy-saving bulbs or else straining our temper in search of the traditional type. Inevitably, we will end up using more fluorescent bulbs, and that might be very well except for one, tiny thing. A fluorescent tube is made from 94% glass, 4% ferrous metals and 2% phosphor powder. Within this phosphor powder is a drop of mercury.

I am sure you know the expression 'mad as a hatter'. Back when they didn't know any better, hat makers used to soften their felt by dipping it into mercuric nitrate. This constant exposure to mercury vapour caused twitching and dementia. Eventually the penny dropped, the danger of mercury was recognised and now it is officially treated as a 'hazardous material'. That means when the time comes to dispose of a fluorescent light bulb, it cannot just be dumped in any old landfill.

Mercury is highly dangerous. One fluorescent light bulb contains enough mercury to pollute 30,000 litres of water beyond the level for safe drinking. So, now the full weight of European legislation is landing upon it. The Landfill Directive, the Hazardous Waste (England and Wales) Regulations 2005, the Waste Electrical and Electronic Equipment Directive have all emerged from our ever-productive public servants. The upshot is that it is now virtually impossible to send fluorescent light bulbs to landfill.

As ever, regulation creates business opportunities.


This profitable company can recycle 40 million lamps a year

Fluorescent tubes regulation has created a whole new industry, led by the AIM-quoted Mercury Recycling (ticker: MRG). Having built a new state-of-the-art facility at Manchester's Trafford business park, this company can recycle 40 million lamps each year, separating the glass, metal and mercury and returning it to manufacturers.

Last week, Mercury Recycling reported a 21% profit increase for 2008, and since a large number of fluorescent lamps are still not being recycled, it clearly expects further growth. In addition to this, it is looking into the possibility of recycling the flat panel displays of televisions and PCs which also contain mercury. So in spite of warning that it is 'expecting price pressures and increased competition'. I'd say the outlook for Mercury Recycling should be pretty bright.

Brighter in fact than those wretched energy-saving bulbs...

Best wishes,

Tom Bulford
For The Penny Sleuth

[tophalf69] 20/5/2009 11:31

Nice steady buying this morning, even after those worderful MMs dropped the price by 6.7% prior to opening, how kind!!

[tophalf69] 19/5/2009 22:02

Considering the link that is probably very likely, wish I hadnt deleted the email now. If anyone reading has it I would appreciate it if they could paste it one here.

I have been scanning other boards tonight other than ADVFN and MRG is starting to get a mention (as you can see by my above post) so I might stay in for a little longer than I thought. Also seen it mentioned on the ROS board on iii, only a quick mention but it means other PI's are aware and seeing it as a possible investment which is good with me.

If it is the situation that other PI's are sitting up and noticing then now still may be early to be in!

[eburne1960] 19/5/2009 21:47

I'm just wondering if the Penny Sleuth tip is going to mean Tom Bulford will tip MRG again in next month's Red Hot Penny Shares - from memory he tipped it a few years ago in RHPS for probably a bit more than the current price. Within a month it had soared to the 40's where he then selling as it had hit his target price.

[tophalf69] 19/5/2009 21:42

And this from,


WEEE recycler announces profits

May 19, 2009

A Manchester-based waste electric and electronic equipment (WEEE) recycling firm has said that, despite the recession, it has made profits on its service in the past year.

Mercury Recycling Group, which works with WEEE such as fluorescent light tubes and sodium street lights, experienced a 20 per cent rise in profits up to £534,000 in 2008, according to Crains Manchester Business.

The company estimates that 80 million out of the 130 million lighting devices which are disposed of as WEEE in the UK are still not being recycled and it hopes to expand its services.

Lord Barnett, chairman of Mercury Recycling Group, told the news provider: "Our balance sheet shows a strong position, which will ensure that we are able to keep the group moving forward."

Lighting manufacturer Recolight recently launched a new guide to advise manufacturers on the best way to recycle lamps to fulfil WEEE regulation criteria.

Rapid is a member of WeeeCare (www.weeecare.com) and is committed to the WEEE regulations. The Rapid membership number is WEE/DJ0003ZR and the Weeecare phone number is 0844 800 2004. All

[tophalf69] 19/5/2009 21:38

Found this on the iii forum:


Composite Indicator
Trend Spotter TM Hold

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Sell
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 20% - Buy
20-Day Average Volume - 19846

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Sell

Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 15655

Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 30373

Overall Average: 32% - Buy

Price Support Pivot Point Resistance

18.8000 18.3000 18.7750 19.2500

[tophalf69] 19/5/2009 21:22

Thanks dealit, I will be doing the same myself and keeping a close eye, may not stay myself but I think it will be as early as tomorrow morning that it will be decided.

Best of luck to you in all your future transactions also.

[dealit] 19/5/2009 18:24

MRG have now as far as I am concerned reached the 20% rise in share price which on researching I thought they would do, better late than never. With no dividend to wait for I see no need to stay. I will monitor their progress around result as I do feel they are a very solid company.
Thankyou for your imput "tophalf69" and the best of luck in all your future transactions.

[tophalf69] 19/5/2009 18:06

No probs. I agree with your ramping point but the RNS reads well IMO. They do seem to be in a healthy position and I have asked around a bit on the boards and as yet I havent had anyone fault it, most say looks a solid company with money in the bank etc which is what I saw from the financials and the RNS. Ramp or no ramp, it doesnt look like a bad bet but obviously you have to be wary with large price rises but it has only gone up very recently so you would imagine it has some way to go yet, again only in my opinion.
I will be watching closely, as I am now sure a good few others will be due to penny Sleuth, RNS, price rise, ADVFN forum etc.
I am already in as I bought today, not a massive amount but enough for me and I am already in profit so happy atm :-)

[dealit] 19/5/2009 17:48

Cheers "tophalf69" not familiar with "Penny Sleuth" been my experience that ramping by so called experts share price falls back.

[tophalf69] 19/5/2009 17:41

Penny Sleuth sent an email today pushing these added to above decent rns from Friday I think.