Shanks Share Discussion Threads

[like2share] 23/2/2007 09:47

Now at an all time New High!

[like2share] 22/2/2007 13:27

Keeps on rising :-)

[robson1974] 15/2/2007 23:37

Ferrovial have said they are in discussions with a UK waste company.

Thought to be Cory. Exel sold Cory in 2004 for £200m and rumoured price is now £500m. i.e. 150% up in 2-3 years

[ginachilds] 13/2/2007 17:35

Anyone wanna call this ?

[cottlet] 26/1/2007 12:51

thanks AO
But how do you put it on this thread?

[a0148009] 26/1/2007 10:20

ADVFN - Advanced Financial Network

[cottlet] 26/1/2007 09:00

Can somebody post a chart? Or tell me how to?

[rabbrooks] 12/1/2007 17:27

Has there ever been a day before when there has been over 440 transactions in a single day?. Very odd numbers bought and sold.Has every staff member been exercising their rights to buy and/or sell?.

[clusium] 11/1/2007 07:54

Only three comments in five weeks and no chart on one of the period's star performers. Never mind.

[foxbar] 07/1/2007 16:51

Tipped as a buy in today's Sunday Herald.

[caney] 13/12/2006 16:45

Yes, please can we have a chart Vmax?

[cottlet] 06/12/2006 15:34

Can we have a chart please?

[robson1974] 24/11/2006 09:02

long term chart from 1990 looks very interesting huge double bottom. not sure whether to trust such long term charts though.

this is very interesting though...supporting shanks and their MBT strategy

Ken Livingstone attacks Southwark over PFI waste plans (21.11.06)




Ken Livingstone has sparked a war of words over the London borough of Southwark's as-yet undecided plans for the long-term management of its waste.

The Mayor of London issued a statement today damning the London borough for its "plans to incinerate their rubbish rather than looking at new technologies".

Curiously, Southwark had already stated its intention to build a mechanical biological treatment (MBT) plant to process waste left over once recycling has taken place. This would represent a comparatively new technology for waste in the UK.

Although some of the companies bidding for the contract have proposed producing a refuse-derived fuel (RDF) from the residues from the MBT plant, the Mayor has actively supported other MBT plants producing RDF in East London. He believes the RDF fuel could be made into a hydrogen fuel for London's buses (see letsrecycle.com story).

The Mayor's comments about Southwark came after Green Party London Assembly Member Jenny Jones wrote to him to suggest that "Southwark Council's impending PFI waste management contract could result in much of Southwark's waste being incinerated, adding to London's environmental problems."

As he attacked Southwark's plans, Mr Livingstone made it clear he still harbours a desire to run a single, London wide waste disposal authority – despite having the proposal rejected by central government in the summer (see letsrecycle.com story).

The Mayor said: "Our current fragmented waste management system in the capital means that authorities continue to take decisions such as these to transport their waste out of London or burn it, which seriously compromises our ability to increase recycling and introduce a 21st Century approach to managing waste."

Southwark
Responding to the Mayor's words today, the London borough of Southwark said it was "concerned and upset" at Mr Livingstone's statement, particularly since the PFI project had been developed in consultation with the Mayor's advisors.

Phil Davies, head of waste management and transport at Southwark, said: "We were not required to, but we have been in contact with the Mayor's advisors every step of the way developing this PFI project. They have read all our documents and even ratified our plans under the Mayor's strategy – we've received no concerns from them at all."

Mr Davies confirmed that four waste management companies are still in the running for the 20 to 30-year PFI contract, which has received £34.5m in PFI credits from Defra.

They have read all our documents and even ratified our plans under the Mayor's strategy – we've received no concerns from them at all.
- Phil Davies, LB Southwark Biffa, Cory, Shanks and Veolia have all been told that Southwark wants to build an MBT plant at the site of a former gasworks on the Old Kent Road.

On its website, the council tells residents it "will not be building an incinerator like the South East London Combined Heat and Power Plant".

Mr Davies revealed that some of the proposals for the PFI contract did include plans to produce a refuse-derived fuel from the MBT plant residues. But, he argued that "there will always be residues coming out of a waste treatment facility", and that the MBT plant would drive up recycling rates in the borough.

But commenting on the Mayor's accusation that Southwark was to use an incinerator, Mr Davies said: "That's a lie, a complete fabrication. The Mayor hasn't made any effort to seek clarification with us over this."

A decision by Southwark's executive on the current shortlist of bidders is now expected to take place in December.

WLWA
As he hit out at Southwark, Mr Livingstone also denounced the West London Waste Authority for its intention to send waste to the Lakeside incinerator being built in Colnbrook, Berkshire.

Along with the Belvedere incinerator being built in Bexley for the Western Riverside Waste Authority, he said London would end up incinerating 37% of its municipal waste.

The Mayor added: "London is now the worst at recycling in the country and has the worst record on litter. We need one city-wide body to manage London's waste sustainably, so we don't dump it outside the city or burn it. David Miliband, the Secretary of State for the Environment, could resolve these problems by unequivocally backing the creation of a single waste authority under the office of the Mayor of London, which would give us a city-wide body similar to the way we deal with transport."

[shoee62] 24/11/2006 08:01

it looks like there is a measured move target up here somewhere where there might be some consolidation - looks like a 35p leg 160-195 then from 190 to 225 maybe ?

longer term charts looks like 235/240 next resistance - whats yr view robson ?

[robson1974] 23/11/2006 17:27

higher in auction again

[shoee62] 17/11/2006 17:33

yes, and higher in the auction

I thought it might come back a bit today becauase it has run 195-209 without stopping

[robson1974] 17/11/2006 15:52

up in a down market. v.impressive

[asparks] 17/11/2006 12:45

a waste co. worth looking at: AUGEAN up 17% today

[shoee62] 15/11/2006 10:47

whats that post doing on a SKS board asparks??

[asparks] 15/11/2006 09:43

As this thread is pretty dead, I thought I would introduce something else to discuss.
If you are interested in the sector generally check out Alkane (ALK)
Rising fast on the back of good news out today:

Climate change bill to be announced today. May give further impetus to the rise


Alkane Energy Three New Mine Gas Projects
RNS Number:0646M
Alkane Energy PLC
15 November 2006

For immediate release
15 November 2006



Alkane Energy plc ("Alkane" or "the Company")

Three new mine gas projects on stream


Alkane Energy plc, the international renewable energy company that designs,
builds, operates and services methane treatment and electricity generation
plants, is pleased to announce that it has completed three new mine gas projects
at disused mines in Nottinghamshire. This brings the total number of climate
change mitigation plants now in production in the UK to seven, one ahead of
management's 2006 target. Five of the extraction plants supply mine gas for
Alkane's own decentralised electricity generation stations and two supply gas
directly to industrial customers. The new generation stations use standard Pro2
containerised units of 1.35MW each connected to the local distribution grid.

The new extraction plants, at Mansfield and Warsop, support containerised
generation stations with a combined capacity of 2.7MW, enough electricity to
supply around 3,000 homes. The plant at Mansfield also supplies the equivalent
of 1MW of heating fuel directly to the customer. These additional plants bring
Alkane's total mine gas capacity in the UK to 15.5MW in electricity equivalent.

Alkane's methane mitigation plants in the UK are expected to capture
approximately 16,000 tonnes of methane in 2006. In climate change terms, this
is the equivalent of 340,000 tonnes of carbon dioxide per year corresponding to
the removal of around 110,000 cars from the roads.

Commenting on the new projects, Dr Cameron Davies, Chief Executive of Alkane
Energy made the following statement:

"I am pleased to report that we have completed our 2006 programme of mine gas
supply plants and decentralised electricity generation stations on budget and
ahead of schedule. Alkane's climate change mitigation expertise and technology
is at the forefront of the battle to reduce greenhouse gas emissions from
abandoned and operating coal mines and as a result strong demand is developing
for our products and services driven by the Kyoto Protocol.

Our ongoing programme of electricity generation developments at disused mine
sites will reduce the amount of methane seeping into the local and global
environment and reinforce our position as a supplier of Climate Change Levy
exempt electricity in the UK."


Enquiries:

Alkane Energy plc Buchanan Communications

Dr Cameron Davies, Chief Executive Eric Burns, Account Director
Tel: [phone] Tel: [phone]

[shoee62] 15/11/2006 09:20

I'm happy with SKS, its a company making good profits, and could be of interest to a trade or finance buyer.

[asparks] 14/11/2006 14:56

stemis - maybe but deal is def on the cards now - in next 2 weeks -and cash will come in during this period. That will result in another +ve RNS which will pusg share price up again. Worth a s.t punt even if you dont like it long term
money to be made here

[stemis] 14/11/2006 14:54

Old news recycled by CPO. The announcement is misleading. The government is not 'supporting' CPO's technology. It is one of a number of funding programmes to a range of different technologies to allow them to be 'demonstrated'. Still issues with affordability of CPO technology.