Shanks Share Discussion Threads

[deadly] 20/7/2012 09:27

...and it drops to 79p

[mechanical trader] 20/7/2012 09:24

SKS

Extract from results....

Outlook

Peter Dilnot, Group Chief Executive of Shanks, said:



"Assuming market conditions do not deteriorate further, we expect to deliver a robust performance this year and strong growth once market conditions improve. Before currency translation we anticipate underlying trading for 2012/13 to be broadly in line with our expectations with the benefits of the cost saving programmes significantly weighted to the second half."

[mechanical trader] 20/7/2012 08:20

SKS SHANKS GROUP PLC

Broker update just out...

20 Jul Shanks Group PLC SKS Liberum Capital Buy 79.98 80.80 160.00 120.00 Reiterates

120p share price target.

[kimball808] 20/7/2012 05:26

A break of that downward trend today????

[mechanical trader] 20/7/2012 02:31

Bullish Engulfing candle posted today aswel.

Bodes well for the short term at least.

[barlick] 19/7/2012 17:15

Good management, looking good for the future. Onwards & upwards!!

[mechanical trader] 19/7/2012 15:22

Shanks Group PLC

FORECASTS WIRES 2013 2014
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Investec Securities
26-06-12 BUY 40.00 7.50 3.60 46.00 8.60 3.80
Peel Hunt
22-05-12 BUY 39.50 7.37 3.70
Charles Stanley Securities [R]
07-02-12 BUY 43.40 7.85 3.40

2013 2014
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 40.17 7.49 3.62 46.00 8.60 3.80
1 Month Change -0.48 -0.03 0.00 -0.96 -0.20 -0.20
3 Month Change -1.70 -0.25 0.01 -0.96 -0.20 -0.20


GROWTH
2012 (A) 2013 (E) 2014 (E)

Norm. EPS 32.64% 36.37% 14.87%
DPS 11.67% 8.00% 5.03%

INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)

EBITDA £102.40m £108.77m £121.70m
EBIT £47.10m £m £m
Dividend Yield 4.28% 4.62% 4.85%
Dividend Cover 1.64x 2.07x 2.26x
PER 14.27x 10.46x 9.11x
PEG 0.44f 0.29f 0.61f
Net Asset Value PS 25.00p p p

[mechanical trader] 19/7/2012 15:19

Broker notes today...

19 Jul Shanks Group PLC SKS Investec Buy 81.33 78.35 145.00 120.00 Reiterates

19 Jul Shanks Group PLC SKS Jefferies International Buy 81.33 78.35 119.00 119.00 Retains

[mechanical trader] 19/7/2012 15:14

SKS SHANKS GROUP PLC

Gone long here just now. Chart
bottoming out forward P/E of just
over 10 to next year, solid balance sheet
brokers in general have Buy recos, share price target
120p plus.

[chickcrumbs] 19/7/2012 13:44

After a shaky start seems the market likes todays update.

[cerrito] 17/7/2012 20:38

I have had a good look at the annual report in case I am able to make it to Thursday's AGM and I need to say it is a good one in explaining the drivers of the business, even if there is more management speak than we would like to see.
I guess there will be a Trading Update on Thursday so will wait till that before topping up..but good to see a company with a minimal pension deficit and very secure bank borrowing facilities.
Note that the directors have placed a value of £80m on their PFI/PPP holdings or 25% of their market cap.

[northernlass] 07/7/2012 12:21

The Brokers Say "BUY"

14 May 2012

Liberum Capital reiterates its Buy recommendation for Shanks Group with a target price of 160p



17 May 2012

Peel Hunt retains its Buy rating for Shanks Group, with a target price of 117p.

Investec reiterates its Buy recommendation for Shanks Group with a target price of 145p



18 May 2012

Jefferies International retains its Buy rating for Shanks Group, with a target price of 119p.



Source:





P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[philanderer] 03/7/2012 15:28

Ban food waste from landfill for renewable energy, urges thinktank
Councils should be given support for collections to provide a supply of organic waste for anaerobic digestion, study says

[barlick] 29/6/2012 16:34

Bought in today having watched this down from 107. Long term decent holding I think with a little hello prezzie soon.

[25babies] 27/6/2012 16:13

244 5609964311 79.46 587917 O 79.8 80.0 15:32:24 587,917

hmm what is this about - a 587,917 sell

[craigends] 27/6/2012 15:15

assuming today's 'recovery' is main market related?

[gswredland] 26/6/2012 18:45

wonder where the bottom is? Not too long surely? Waiting patiently..

[investoree] 26/6/2012 09:06

Hopefully seems to have bottomed at 77p reasonable buying this morning including another 5k top-up by me

[stevieweebie2] 21/6/2012 16:50

Hi Money

call me greedy but am still waiting for 75, maybe tomorrow looking at the Dow.

[moneybags] 21/6/2012 13:32

I have added 17000 shares today, just below £0.80. Want it for going ex-divi in July.

It can go up now...!


Aye, Moneybags

[25babies] 20/6/2012 12:22

Don't wait too long - some middle size buys this morning,

[stevieweebie2] 19/6/2012 09:02

Bottom being formed, will wait just a little while longer to be sure, as Wad says Iv'e also bought too many lemons lately.

[wad collector] 25/5/2012 17:44

From The Telegraph
85.15p +2.35
Questor says BUY
Shanks Group

In the year to March, revenues at the waste management company rose 5pc to £750.1m, with pre-tax profits rising 48pc to £31.4m. However, when one-off items are stripped out, profits rose a more modest 7pc to £53.4m.
The dividend was raised by 6pc to 3.45p. The final payment of 2.35p will be made on August 1.
In total, more than 70pc of revenues are generated in the Benelux region, but the company's significant investment programme will lead to more profit being generated in the UK.
The focus on the UK delivered 6pc revenue growth, with PFI/PPP contracts achieving 10pc margin, up from 6pc in 2011.