Shanks Share Discussion Threads

[betman] 05/7/2011 10:12

Good interim maangement statement today, all seems fairly positive. New of director change intially unsettled market but it doesnt look suspicious . I would hope share price can maintain pace of steady growth as long as Europe doesnt go belly up

[betman] 30/6/2011 11:34

Great increase in price to 130p, but on relatively small volume, unless MMs have wind of something. Could be better outlook for European countries ?? Anyone spotted anything else other than FTSE strength ??

[garbil] 21/6/2011 21:19

On the plus side - some points from Results worth remembering...



Financial Highlights

· Revenue up 8% and underlying profit before tax up 10% at constant currency.

· Strong cash generation and balance sheet with core net debt reduced to £160m (31 March 2010: £186m).

· Funding structure diversified and maturity extended.

· Underlying EPS up 7% and recommended dividend increase of 8% to 3.25 pence per share reflecting increased confidence in the future.

· Net exceptional credit of £3.2m (2009/10: £4.5m charge).


Business Highlights

· UK PFI municipal waste target of 1.5m tonnes under contract or at preferred bidder successfully achieved. Strong pipeline of potential future contracts.

· Preferred bidder for PPP contract in the IDEA region of Wallonia, Belgium - greater than €0.5bn revenue over 20 years.

· Ongoing management actions continue to offset challenging market conditions with cost reductions of £36m in last two years and PFI margins increased from 3.6% to 6.4% during the year.

· Initial (c£100m) phase of strategic investment programme progressing well with overall annualised 8% post tax returns achieved so far including 13% for projects which are fully up and running.

· Next c£150m three year investment programme now underway with approximately half focused on the UK.

[wipo1] 21/6/2011 11:42

I am tempted to buy in but p/e looks a bit high and yield a bit low.

[wad collector] 21/6/2011 11:08

Just bought in @123 , I take the lack of acitivity on the BB as an encouraging sign.One for the pension fund.

[rimmy2000] 06/6/2011 16:07

looking like a decent rise here.

i continue to hold.

[betman] 31/5/2011 15:45

Price up and volume up, thats a positive sign for me, hopefully a start of a rerating

[nellie1973] 27/5/2011 13:27

Tipped in press today as a buy

[wipo1] 26/5/2011 15:10

Shares look about fair value,still watching to see if 120p holds

[moneybags] 26/5/2011 09:09

Decent results for a period of not much movement in house prices/sales.

I'm Happy.

It will be £2.00 a share again, We just have to wait and in the meantime, There is the divi making more than my money on deposit at the bank in term of divi return P/E....!

Regards , Moneybags

[25babies] 20/5/2011 16:43

Norges Bank added just under half million shares taking their holding over 4%. Good news as this is Norway's Central Bank.

[craigends] 16/5/2011 15:10

Unilever contract good news - it confirms that Shanks has services to deliver. Now add on couple more big ones!!

[craigends] 05/5/2011 15:43

Encouraging to see fightback today in share price - I also believe this company is in right market right product etc.. How long before it matures is the only question.

[betman] 03/5/2011 10:46

finally broken 120p, bit of dip this morning but didnt want to go down, spread was wide to deter sellers, volumes up recently, these are good signs for me of more upside, also read that belgium economy doing well in Europe which is also positive, any other views on this quiet board ?

[betman] 19/4/2011 15:56

spoke too soon, yawn yawn, dull performance,

[betman] 05/4/2011 08:56

the message is getting through ?? slowly slowly......
Is this not a growth business in a growth sector ??

[betman] 04/4/2011 12:11

SKS has recovered recent falls, back to 116p. Where to from here ? I would like to think this can kick on to at least 120p which is quite a hurdle but I would have thought that as the European economy gradually recovers then revenues should do the same. Waste dumping costs ( increasing ) are still a key driver for more recycling and SKS revenues. I still think this whole sector is ripe for consolidation but am quite disappointed that there has been no repeat bid for Shanks
I particularly like this para from the recent trading statement

Growth Investment Programme
As previously announced, during the recession we have invested approximately £100m in growth projects. Plans are well advanced for continued investment, with a particular emphasis on the UK market, where we believe the regulatory and legislative drivers are in place to support significant growth opportunities.

[craigends] 30/3/2011 16:57

thanks betman- dreaded red tape Britain at work!!

[betman] 30/3/2011 11:20

Two analyst presentations yesterday, posted on SKS website, worth a read. I get the feeling that there are lots of growth opportunities for waste recycling / composting but it takes time for planning permissions, bidding processes etc. These will suck in capital but over longer term deliver good profit growth

[craigends] 30/3/2011 10:56

All very quiet here -mirrors SKS slide. Any news about posters?

[rimmy2000] 23/2/2011 11:46

director buy?


i still hold and am profiting nicely.

[betman] 23/2/2011 11:00

Its great news that despite the financial situation of councils that this sort of sensible waste management programme is still going ahead. I have always thought that this should be a win win, save money and environmentally sound. Lets hope other councils see the light

[craigends] 22/2/2011 12:00

At least some positive news re Wakelfield plant. Is this outwith the tranche of possible PFI's announced in taking over Unite Utilities exit from this market at end of last year?

[betman] 10/2/2011 16:19

movement up from 14 53 this afternoon, some concerted buying ??

[betman] 04/2/2011 10:13

todays move down to IMS, in my view this is an opportunity to buy in at a good price based on a recovery in European growth