Shanks Share Discussion Threads

[pifedayo] 27/9/2010 09:11

25B - I think this morning's rise partly answers your question. As the bond is going to be used to clear euro based bank debt, my feeling is that Shanks were experiencing some difficulty in renegotiations. The initial yield seems very fair when compared to other euro based bonds.

[25babies] 24/9/2010 15:21

Can anyone enlighten me re the Eurobond issue?

Any implications for SP?

[frizsand] 23/9/2010 07:57

Shanks shares in the limelight as it fixes up awareness day for investors




Shanks soars on talk of revived Carlyle bid, but FTSE falls on QE concerns

[broadwood] 22/9/2010 16:23

The biggest rise in the FTSE 250 Index has come from Shanks Group following market speculation of fresh takeover interest from US private equity firm Carlyle.

The waste disposal group walked away from talks with Carlyle earlier in the year after rejecting an offer at 120p a share. The shares have jumped 11% or 11.2p today but at 114.7p are still below the offer price earlier this year

[moneybags] 22/9/2010 15:07

At the moment today there is 600,000 more shares sold than bought today so the market makers are willing to hold that 'extra' 600,000.
They might be 'willing' to do that for a reason.............The bid might just be coming.
Time will tell.
Still holding as timbo003 say's, This share is paying far more divi that my money would make on deposit at the bank so still worth the hold for me.

Interesting times.

Regards , Moneybags

[timbo003] 22/9/2010 14:37

Not entirely surprising that the share price has come off a bit (normal sort of stuff on bid rumours), I'm hanging on in there, getting a nice 3p divi whilst I'm waiting for an actual bid.

[ricky bobby2] 22/9/2010 11:30

Shanks Flies On Talk Of Improved Carlyle Bid
1026 GMT [Dow Jones] Shanks Group (SKS.LN) shares +9.2% at 113p on market speculation that Carlyle Group is set to return with a higher bid of around 150p per share. This comes after Shanks walked away from talks with Carlyle earlier in the year, saying that the last offer of 120p did not fairly reflect the value of the group. One trader notes the rumors are reverberating through the market, but says Carlyle will have to work hard to get Shanks's ear again. Carlyle isn't immediately available to comment, Shanks declines to comment. The stock hit an intraday high of 114.0p.(

[broadwood] 22/9/2010 11:27

Blimey - it must be those bid rumours resurfacing.

[timbo003] 22/9/2010 11:16

See today's ftalphaville, markets live, Shanks is being discussed

[timbo003] 22/9/2010 11:07

Dunno, but it has to be either M&A rumours, a stock overhang sold on to someone like Buffet or an activist investor, or a major broker upgrade, but it would be odd to have an upgrade so far from the last results.

[moneybags] 22/9/2010 10:45

What's the gossip on this stock today.....?
any reason for the sudden jump

Regards , Moneybags

[moneybags] 22/9/2010 10:42

What's the gossip on this stock today.....?
any reason for the sudden jump

Regards , Moneybags

[pifedayo] 21/9/2010 16:39

Shanks Group/Wheelabrator Technology bid for Milton Keynes/Northamptonshire Waste Reduce Project is one of last three. Other two are Covanta Energy and Waste Recycling Group.

[timbo003] 09/9/2010 11:19

I bought in last week, Shanks have been on my watch list for the last 2 years, I missed out on the proposed bid action last year, but with the 6 month anniversary coming up, now seems a good time to get in at a nice low price.

[deeppockets] 09/9/2010 10:05

starting to look good again, chart is more positive!!

[betman] 03/9/2010 08:59

foot has now slipped out of mouth. 95p was support again , so now I can YET again worry about resistance at 105p. The only trigger I can see currently is speculation ( by me ? ) of 11th Sept 6 month anniv of Caryle withdrawal.

[mr.oz] 13/8/2010 15:12

M&A Shows Strong Momentum in Manufacturing Sector
Volume doubles in Q2

[betman] 06/8/2010 15:57

105p
rearrange this into well known phrase - put mouth in foot

thanks to US employment numbers

[pifedayo] 06/8/2010 12:14

There original 10 plus bidders for the joint Northamptonshire/Milton Keynes Waste Disposal Contract have been reduced to 4 and the final 2 will be made known in September. Are Shanks still hanging on in there?

[25babies] 06/8/2010 11:27

A little knowledge is a dangerous thing - but yes I believe it has turned the corner

[betman] 06/8/2010 10:21

25b , i would be interested to hear your views on SKS, do you think its turned the corner ?

[25babies] 06/8/2010 09:30

I could be the owner of a fertility clinic!

[betman] 06/8/2010 09:05

not seeing 110p as an issue, next resistence level 120p
I guess you dont have much time for investing with 25 babies, still child benefit must be good !!

[25babies] 06/8/2010 08:48

Betman

Thanks for noting the struggle past 105p

Can you give us another concern about 110p?