Shanks Share Discussion Threads

[barlick] 11/4/2013 16:07

wipo1

'I can't see any point investing in here.stock looks fully priced'

Don't then.

[wipo1] 10/4/2013 23:30

I can't see any point investing in here.stock looks fully priced

[barlick] 09/4/2013 16:31

Going to be selling Persimmon soon @ 80%+ profit & a chunk is going in here so no big run up just yet please.

Ta

[slaphead240] 09/4/2013 10:39

Investec has this as a buy today with a target of 100

[investoree] 09/4/2013 07:22

Problem is that this is only a 4.5% dividend if you bought at this price. I am considering buying some more SKS on any further weakness and averaging down.

[betman] 08/4/2013 10:57

I would love to say the huge trade volume is because the price is such a screaming buy that institutions have now recognised this and are buying in for some more consolidation in this sector.
10 million shares out of 397,463,413 ordinary 10 pence shares is 2.5% so maybe an RNS is overdue
However it does seem to be wishful thinking from a current holder. Until European economy recovers this may drift on for a while. The 4.5% divi yield makes this slightly less painful to hold

[craigends] 04/4/2013 16:05

what moves are afoot? 10m + shares traded today. Anyone know who, why?

[contrarian2investor] 04/4/2013 15:10

I have bought a small tranche of SKS at 77.5p. GLA

[scotches] 04/4/2013 09:25

Pennon Group:
It still remains independent but was weakened considerably in November by a shock profits warning from Viridor.
Its share price disappeared down the drain to trade below £6.
Unregulated Viridor, which collects waste that it recycles, composts and treats, warned that full-year profits would be below market expectations and some 30 per cent lower than the previous year because of falling prices for recycled materials known as recyclate.
Recyclate revenues per tonne have rallied a bit from the lows of October/November, but remain significantly below early 2012 levels.


BIFFA:
Waste removal firm Biffa made a £978million loss in 2011-12 after taking a £900million writedown because of falling revenues.
The company's accounts said the write-down reflected 'lower volumes of waste generation in industry', as well as weaker recycled-commodity prices.
It said: 'The deep recession has continued to suppress volumes of waste generated, and the competition to maintain activity levels has resulted in margin pressure being experienced in most parts of the business.'

[deanowls] 02/4/2013 23:37

In at about 76p today, think that they may have to be further consolidation with some of these waste companies in order to generate the business going forward?

[wad collector] 13/3/2013 14:20

Finally hit my buy limit , always pleasing to get the lowest buy of the day at 80.8p.

[wad collector] 06/3/2013 16:52

A couple more pence down will persuade me to add.To my simplistic view , this company has weathered the recession and has a good market position to enjoy the eventual recovery.

[barlick] 03/3/2013 17:11

Master RSI

Don't know about your shares but mine went down on Friday 1 March. Irrespective of your drawings shares will only follow fundamentals & sentiment based on fundamentals. SKS needs to demonstrate reasons to be cheerful to attract investment.

[cyfran101] 01/3/2013 22:38

Keep the good news coming....

[wad collector] 01/3/2013 12:38

It's the design for your living room with a tarmac driveway?

[master rsi] 25/2/2013 23:20

Slowly is bouncing back after a bottom floor. MACD is turning bullish and the rest of the TA is positive

------------------------
Barlick

You may know now what my post was about, it has not moved lower since, apart from the normal "AT" bid or offer price.

[barlick] 22/2/2013 17:33

Would have thought the weaker pound would help as SKS is a Euro trade?

[barlick] 22/2/2013 17:29

Master RSI

Have absolutely no clue what your post means! Good news?

'On the turning'??

[master rsi] 20/2/2013 16:43

From the UPS thread ........

UPS
SKS 81.875p ( 81.75 / 82p )

On the turning today after a long drop. Yesterday's closing candlestick HAMMER was a bullish signal of reversal ------------- Intraday -------------------------------------- 1 months -----------------------
------------------------ 3 months with Indicators 15 minutes delay------------------------

[wllmherk] 15/2/2013 18:13

I took the plunge today. I have been watching this one for a while. Nice long term hold and reasonable dividend.

wllm

[scars] 14/2/2013 11:10

At the same time the recent drop indicates that a certain amount of turmoil is already factored in. So any further drop would be a long term opportunity

[melody9999] 14/2/2013 08:28

Maybe betman - but the chart is suggesting another price move - after the IMS my guess is down but who knows

[betman] 13/2/2013 16:36

I guess the share price is going to be fairly static now until we get nearer next results update or there is a real turnround in European GDP
Most of the broker targets would be nice to see but as ever no timescale on them so a bit meaningless
Anyone think its feasible another company will swoop in whilst the price is low, or is that wishful thinking ?
I have always believed there is considerable scope in the sector for more consolidation to give scale and better chance of raising capital for unvestment