Shanks Share Discussion Threads

[asparks] 10/2/2006 16:00

To all who are interested in renewable / alternative energy investments please see this new moderated thread.

[rabbrooks] 09/2/2006 16:42

I wonder why there has been so many deals in SKS today. Encouraging as it is we don't hear much from the board.

[c3jns] 12/1/2006 21:12

Very interesting...............

[groats118] 11/1/2006 16:50

Nice bullish end to the day, 520k bodes well for tomorrow.

[c3jns] 10/1/2006 15:27

Interesting................

[groats118] 10/1/2006 14:53

Not sure on Symmetrical Charting Triangle? But there seems to be good support at this level and a breakout could be on the cards!!

[parkfield] 10/1/2006 13:04

Is a symmetrical charting triangle forming ? And if so, could this result in an explosive breakout up or down ?

[groats118] 05/1/2006 15:52

170 Next stop?

[alastairtodd] 05/1/2006 10:57

Is anyone able to attach the SKS charts at the top of this thread? They are extremely useful to just have a quick check when you're flicking through the BBs.

[gb2005] 26/11/2005 22:52

double bottom == adam and eva formation, EVA appers in invers head and shoulder; could see 165p if hit 165p and stayabove, then will possible break 170p.

Stock accumulate; smart money flows in.Will buy continue?

What's about news?

[verulamium] 18/11/2005 14:09

Merrill Reiterates Shanks At Buy

Thursday, November 17, 2005 4:53:35 AM ET
Dow Jones Newswires



0931 GMT [Dow Jones] Merrill Lynch reiterates buy rating on Shanks Group (SKS.LN) with a 175p price objective. "First half profits at the continuing activities were 27% ahead at GBP17.6M, and fully matched expectations," Merrill notes. "In particular, the UK activities showed further progress in their turnaround and the PFI contribution was well up." Shanks doesn't expect to close any new PFI contracts for a year or so, "though we believe that it should achieve preferred-bidder status at one or more of its targeted opportunities by next summer." Of the four current targets, reckons Greater Manchester remains the prime opportunity. Shares flat at 152p. (SMT)

[broadwood] 03/11/2005 11:06

Oops - didn't realise results were due today.

No problem there, they look pretty good. Bit of profit taking coming in.

[broadwood] 02/11/2005 16:40

Great close - bid coming?

[broadwood] 02/11/2005 10:07

More or less recovered from recent Market jitters. Two strong days suggests just an aberration.

Like most stocks it seems, speculative interest swirls where value exists.

[broadwood] 26/9/2005 10:41

Cant believe our luck with this one - up another 3p.

It doesn't seem to be on spec interest.

[keneaston] 15/9/2005 17:45

its a strange day.whats happening

[ntv] 15/9/2005 08:55

someone keeps taking out the offer side
reckon something on the cards

[broadwood] 05/9/2005 12:28

Gang busters again today -no news from Company as to why.

[broadwood] 01/9/2005 16:32

This seems to have risen a penny or two everyday for weeks.

No complaints - but perhaps the top of the hill isn't that far away.

[rabbrooks] 31/8/2005 15:30

I have been ,unsuccessfully, looking for news of a suspected deal being negotiated with a continental co. Does anyone have any concrete info.?

[broadwood] 26/8/2005 09:07

Seems to me the rise is purely based on improved trading - but whatever reason, the price keeps ticking along nicely.

[tenereds] 24/8/2005 18:36

Hi Rabbrooks,

Thanks for the information. It looks like it will be a wait and see situation but there does seem to be something brewing.

Regards

[rabbrooks] 24/8/2005 14:10

Shanks are now a euro/british co. A bigger income is obtained in Europe than in it's British business. A takeover bid for their euro co's must be a possibility,leaving a not very profitable British end which could be attractive to a larger competitor to absorb and make savings in the usual merged manner. These substantial share dealings may be an omen. The dividend has not changed for 5 years. The larger institutions will take the benefit in the form of an increased take out price if the prospects of a higher dividend are not fulfilled.

[tenereds] 24/8/2005 10:56

Hi,

Does anyone know why there has been 4.2 million of purchases so far this morning when this is the highest amount of daily trades since early April and well above their daily volume.

Thanks