Shanks Share Discussion Threads

[master rsi] 23/7/2013 08:57

nice to see share price appreciating today after last Friday shake after the rise the day before.

It give me the impresion that the large trades were done at certain price so they had to bring it down to the level that the buyer was prepare to pay

[deanowls] 23/7/2013 03:30

I think theres an update due this week as well?

[philanderer] 22/7/2013 23:09

Evening c2i , I`ve had this fella on the watchlist for a while.

Monday`s rise may well have been helped by Credit Suisse initiating coverage with an 'outperform' rating and 105p target.

[master rsi] 22/7/2013 22:01

VOLUME increasing since last week

[thelongandtheshortandthetall] 22/7/2013 20:01

c2i

thanks for you posts re trussel trust. Interesting.

kind regards

[contrarian2investor] 22/7/2013 19:52

Master RSI,

You have got me looking at the volumes on a daily basis now. :0)
GOLDEN CROSS achieved today, looks promising for further gains.

[betman] 22/7/2013 15:47

Jdung , curious to know why you think it will suddenly reverse 4/5 weeks of steady gains from 78p, when markets and European economies are slowly improving

[jdung] 22/7/2013 14:03

share price may be go 73-75 p again?

[master rsi] 22/7/2013 11:48

STRONG VOLUME DAY AGAIN

and good for the share price on reaching again 82p

[contrarian2investor] 18/7/2013 20:42

Well they are inching up. This too could help.

Work has begun on a new Shanks waste treatment facility as part of its PFI contract with Wakefield Council.

Both Shanks and Wakefield Council marked the occasion by hosting a ground breaking ceremony to signify commencement of construction of the facility.

The energy self-sufficient residual waste treatment facility at South Kirkby, Wakefield forms part of a 25 year PFI contract with Wakefield Council.

[master rsi] 18/7/2013 15:36

Looks like the timing was right yesterday

Today another day of large volume and finaly letting the share move higher

That was the break looking for

[contrarian2investor] 17/7/2013 18:59

Master RSI,

Thanks for the heads up. SKS done very little for nearly a month. So it would be nice to see them above 85p and then pushing on for 90p again.

Are you a holder?

[master rsi] 17/7/2013 16:33

Time to KEEP an EYE

The last couple days of larger volume
plus some large trades today with a rise
is most likely the result of the overhang being cleared.

[craigends] 04/7/2013 13:39

Major holders some reducing and some adding. ? Who is making the correct call?
As to raising the new money -good call as it is at lower levels of interest.

[rossgr230279] 01/7/2013 15:27

Whats the money for??

[contrarian2investor] 29/6/2013 08:47

Erogenous Jones,

Valid points. They have been in the doldrums for several years and I invested recently because of their turnaround strategy. I have been considering all week as to whether to lower my stop-loss. The problem being that once you start doing that, you tend to be on a slippery slope.

If we wait for economies to pick up, we could be waiting far longer than we could ever imagine.

Are you holding SKS? Or are you waiting to buy at a certain price or prior to December?

[contrarian2investor] 21/6/2013 16:43

After holding up well against the general market, SKS is now perilously close to my stop-loss at 77p. GLA

[contrarian2investor] 17/6/2013 16:46

Takeover activity continues in the sector. Is anyone running the slide rule over SHANKS?




Li Ka-shing Pays $1.3 Billion for Dutch Waste Processor

Billionaire Li Ka-shing's Cheung Kong Holdings Ltd. and partners agreed to buy AVR Afvalverwerking BV from Van Gansewinkel Groep BV for 943.7 million euros ($1.3 billion) to add waste processing in Europe.
The bidding group will consist of Hong Kong-based Cheung Kong, Cheung Kong Infrastructure Holdings Ltd. (1038), Li Ka Shing Foundation Ltd., and Power Assets Holdings Ltd. (6), according to a statement today. Eindhoven-based Van Gansewinkel is owned by private equity firms CVC Capital Partners Ltd. and KKR & Co. (KKR)

This deal is the second waste treatment investment Cheung Kong made this year, following the NZ$501 million ($405 million) purchase of New Zealand's EnviroWaste announced in January. Buying AVR Afvalverwerking gives Li control of the company with the largest waste treatment capacity in Europe, according to a separate statement.
"AVR's earnings growth is quite significant," said Dennis Ip, a Hong Kong-based analyst at Standard Chartered Plc. "There's growth potential in European countries where there's great focus on environmental protection," he said.
Net profit at AVR was about 42.3 million euros in 2012, up from 20.7 million euros in 2011, according to the statement today. The company, which isn't publicly traded, is the largest energy from waste company in the the Netherlands, with plants at Rozenburg near Rotterdam and Duiven, close to the German border, according to the statement.
Conditions for completion of the acquisition include competition authority clearance, according to the statement.

Shares Climb
Cheung Kong gained 3.7 percent to close at HK$108.60 in Hong Kong, while Cheung Kong Infrastructure climbed 3 percent to HK$53.45. The benchmark Hang Seng index rose 1.2 percent.
Credit Suisse Group AG advised Van Gansewinkel, according to a statement on its website. HSBC Holdings Plc advised the bidding group, according to Wendy Tong Barnes, Cheung Kong's spokeswoman.
Cheung Kong Infrastructure "is making good inroads in the area of waste management," Managing Director Kam Hing Lam said in a separate statement. "With waste treatment being an imminent issue in most places around the world, we see good growth potential in this business."
The acquisition adds to utilities and infrastructure purchases Li has made in markets including Europe in the past three years. In 2012, Li almost doubled the size of the gas transmission businesses his companies control in the U.K. after acquiring Wales & West Utilities Ltd.
Cheung Kong and Cheung Kong Infrastructure will each hold 35 percent of the bidding joint venture, while Power Assets will hold 20 percent and the rest held by Li Ka Shing Foundation, the statement said.

[contrarian2investor] 12/6/2013 19:29

11 June 2013

Shanks and Sanimax sign Strategic Alliance in Quebec

Shanks Group plc, a leading international sustainable waste management business, today announces that its Organics Division has entered into a strategic alliance (the "alliance") with Sanimax Ltd, a leading Canadian rendering company, to pursue the promising funnel of organic waste treatment opportunities which currently exists in Quebec Province, Canada.

Methane emissions from the decomposition of organic matter in landfill are a major source of greenhouse gas. Governments are therefore seeking sustainable alternative waste treatment options. In Quebec Province, Canada, the provincial government has set an objective of 100% diversion of organic waste from landfill by 2020. Meeting this objective will require substantial and sustained investment in organic waste management solutions.

Shanks is a leader in both anaerobic digestion (AD) and mechanical biological treatment (MBT) technologies which can be used separately or combined to treat organic municipal waste. It also has a footprint in Canada, with two operational plants in Ontario Province.

Sanimax is a Canadian leader in rendering and sustainable development. It is a family-owned company at the heart of the agriculture and environmental markets. Sanimax plays a key role in the agri-food industry, converting animal waste into highly valuable and reusable product. With a presence in 16 communities in Canada and North America, Sanimax employs more than 950 people.

Under the terms of the agreement, the two companies will work exclusively together to bid for organic waste treatment contracts that are expected to be tendered in the coming years by the leading cities of Quebec Province. Shanks and Sanimax believe that the combination of their local presence, technological expertise and proven track record of delivering long term municipal contracts will position them well to help Quebec Province meet its sustainability objectives.

Peter Dilnot, Chief Executive of Shanks, said:
"We are delighted to have entered into this agreement with Sanimax to better enable us to meet the needs of Quebec Province in diverting its organic waste away from landfill. Sanimax' local expertise and proven capabilities in waste management make them the ideal partner for Shanks."

Martin Couture, Chief Executive of Sanimax, said:
"We are very pleased to have entered into alliance with Orgaworld and Shanks Group. Their proven capability in serving the needs of municipal authorities combined with their track record as a leading organic waste treatment company means that, together, we are very well positioned to meet environmental issues and create sustainable development opportunities."

[ansc] 06/6/2013 16:03

Schroders offloading hasn't helped matters.

[craigends] 06/6/2013 14:15

extra volume today - on what news any one guess?

[contrarian2investor] 03/6/2013 18:31

Yes Ivyhuang, SKS are getting their house in order and ready the ship so that they will be able to fill their sails for the eventual upturn in fortunes.

28 May 2013

Shanks exits non-core wood trading activities
Shanks Group plc, the leading international sustainable waste management business, today
announces that it has sold its Foronex wood trading business in Belgium and will rebrand its
remaining core wood manufacturing activities in the Benelux as „Shanks Wood Products‟.
The Foronex business was acquired by Shanks in 2008 and comprised a transport business,
a wood trading business and a wood dust manufacturing facility. The transport business was
sold in 2012 and the sale of the non-core wood trading activities, for a modest consideration,
allows Shanks to focus on the manufacturing operations which fit with its strategy of "making
more from waste".
The wood trading business has been acquired by New Royalspan BVBA. Under the terms of
the sale, 50 employees and some associated transport activities have been transferred from
Shanks.
The Benelux Solid Waste Division has two wood product manufacturing businesses: Foronex
in Belgium and Van Vliet Nieuwegein in the Netherlands. Both of these will now trade as
Shanks Wood Products, offering a choice of wood chips or wood dust across the Benelux for
use in energy generation.
Michael van Hulst, Managing Director of Solid Waste Benelux Division, said:
"We are pleased to focus our activities in this area on making more from waste wood, whilst
also realising some value for our non-core wood trading business. Combining our two
businesses as Shanks Wood Products will help to create an improved offering across the
Benelux and will build recognition of the Shanks brand name within our region."

[ivyhuang] 31/5/2013 15:07

something up here.

[contrarian2investor] 28/5/2013 13:26

Cerrito,

Winning the Northern Ireland contract would be a massive boost. Such a win could push the company to speed up selling non-core assets and lower margin PFI assets. Which of course would boost the balance sheet and take the share price into the 90's.

Shanks consortium preferred for £560m NI contract
http://www.letsrecycle.com/news/latest-news/energy/shanks-consortium-preferred-for-ps500m-ni-contract