Shanks Share Discussion Threads

[betman] 11/12/2012 16:32

looks more and more like a treeshake, good to see volume on the up as well as the price which is a double whammy good sign
76.5 has been a reall suport level again
What really interests us all now, is where is it going to hit resistence ?? 80...85 ...90 ??

[craigends] 11/12/2012 15:25

well at least the directors buys suggest they are keeping faith, although -this still looks a 6-9 month play for any real improvement!

[betman] 11/12/2012 12:26

Maybe yesterday was a "treeshake" by the institutions to flush out some cheap stock, two directors seem to think so with their buys
Recovery in European economy would be beneficial.
The ZEW sentiment index result was very good at +6.9 vs forecast -12
The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment Index gauges the six-month economic outlook. A level above zero indicates optimism; below indicates pessimism. The reading is compiled from a survey of about 350 German institutional investors and analysts.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

[wipo1] 10/12/2012 23:09

Well the half yearly report was awfull imho. Target 60p here

[gswredland] 10/12/2012 20:39

Chart looking a bit ugly now..

[betman] 10/12/2012 12:51

dive ...dive ...dive whats going on ? new Heinkeken contarct but price very weak

[waldof] 29/11/2012 11:01

...isn't there just.
But going into new year it may seem a sweet recovery play....divi etc

[wipo1] 28/11/2012 17:06

bull bear tug of war here.

[wipo1] 23/11/2012 10:34

waldof yes i would consider that.

[waldof] 21/11/2012 16:17

So you would increase your short at 78p..?

[wipo1] 21/11/2012 11:58

Still short here, waiting to top it up if 78p broke

[cyfran101] 10/11/2012 23:14

I was surprised by the spurious takeover talk in September that drove the share price higher and pretty annoyed. Last thing a company needs when they are driving through cost cutting and exploiting growth opportunities where they arise is to fend off some opportunist predator or rumours to distract.

I was surprised this time by the positive reaction as I expected a little weakness. The results weren't great but pretty much flagged up previously and with the chairman buy that added a little confidence.

As mentioned above the construction industry is the main cause.

Weird as news at the moment is repossessions are supposed to be at a low, building companies have doubled in value on future prospects and popular infrastructure funds can't wait to invest in projects for long term returns. Then we have Balfour Beatty stating their recent share price drop is due to lack of big projects.

Keep grinding through these turbulent times Shanks!

[wipo1] 10/11/2012 14:41

Results look terrible to me.

[cerrito] 10/11/2012 09:17

Just looked at Thursday's figures and they are not good and rather disturbing increase in borrowings.
I am surprised to see Friday's rise and if share price stays the same on Monday may lighten up.
Of course good to see the Chairman buying, especially important in this case where in a show of confidence for the future they are maintaining the dividend and thus they are breaking the house rule that there be dividend cover of 2x and indeed looking at H1 cash flows they borrowed to pay dividends.
Also interested in the q and a they said that in drawing up their £20mpa cost reduction by 15/16 they do not foresee a pick up in the solid waste market.
The big picture is that if you have a not very heroic assumption that the dividend will not be cut(but not increased either) then unlikely to go much below 80p but not sure if I see a catalyst to drive it much higher..I know there has been a lot of m and a speculation in the past but somewhow cannot see this happening in the near future. A good old fashioned hold.
PS I had not appreciated that the construction market in Holland was going through such a severe recession.

[cerrito] 09/11/2012 20:05

Telegraph positive

[barlick] 02/11/2012 17:34

Prefer a UK ramp up as it avoids the exchange rate tango.

[labatie] 01/11/2012 09:00

It looks from recent news though that Canada is heading for its own housing crash.

Downgrading possible of 6 Canadian banks

[cyfran101] 26/10/2012 00:03

Exactly.

As mentioned before Shanks is actively addressing the spread of group revenue geographically and the spread of revenue across their primary markets. Specifically by ramping up their UK organics business that provides better returns.

£110m is allocated to their latest strategic investment programme.

The Canadian side looks almost an oddity as its out on a limb from our Dutch hub but trading well on the highest trading margins in the group. I'm looking forward to seeing real progress there. Canada came out relatively unscathed from the sub prime fallout, the waste industry is fragmented and their anti-landfill stance is encouraging.

[barlick] 25/10/2012 16:27

Cheers cyfran101 - Got to be good going forward!?

[cyfran101] 25/10/2012 00:28

Good news re the M&S deal.



Hopefully see more of these. Providing the final link in the food chain for supermarkets etc is great for us as we get to sell back their waste to them via renewable energy and great for them as it adds credence to their environmental programmes. Like to see more councils doing likewise though.

Cumbernauld AD plant up and running, 40kpta plant in Bicester currently being built and 90kpta plant in Pontypool going through planning permission.

Keep going Shanks increasing this side of the business will be a key driver.

Oh and this helps too :)

[rabbrooks] 04/10/2012 16:16

Doe's anyone know why there have been so many deals done involving anything from 1 to 100 shares?

[praipus] 02/10/2012 11:05

Interesting, did the other party honour their commitment?

[trader steve] 27/9/2012 21:29

Yes Praipus gapped down through my stop level