Shanks Share Discussion Threads

[rimmy2000] 05/11/2013 18:08

Wad collector, what was the explanation behind the sell recc. From IC ?

[chickcrumbs] 05/11/2013 12:25

So we just need to wait for the 'buy' recommendation then...

[wad collector] 05/11/2013 11:23

This amused me ;

Last IC View
Sell
The last IC recommendation on Shanks Group PLC shares was Sell at 81.30 on 16 May 2013


They more or less called bottom!

[ruethewhirl] 24/10/2013 08:01

Getting going and looking good.

[cyfran101] 23/10/2013 22:17

It would be a great catalyst for the government, in response to huge food waste, to ban food from landfill (as Scotland have) by say 2018. Its highly likely to occur and hopefully our organics division will be as dominant as it is in benelux by then.

[peawacks] 23/10/2013 13:07

Liberum Capital has initiated Shanks (SKS.L) with a 'buy' recommendation, arguing the waste management firm is near poised for a double-digit earnings recovery.

Shanks disposed of its loss-making solid industrial waste operations in a £9.5 million deal with Biffa last week. Liberum's David Brockton said the move was a good one.

'The recent divestment of UK solid waste removes sub-scale loss-making activity,' he said. 'As returns improve following investment in Organics, Hazardous Waste and UK Municipal, we forecast a three-year earnings per share compound annual growth rate of 16%. Self-help, allied with potential for European recovery, prompts us to initiate with a BUY rating and 125p price target.'

[ed 123] 23/10/2013 12:26

Ivyhuang.

I will go 119 then 108 then 113.

Whatever you like. I'm sure you've got the best handle on your paper round. ;-)

[ivyhuang] 23/10/2013 12:03

I will go 119 then 108 then 113.

[a0148009] 23/10/2013 10:28

I'll join in 1.11p.

For info Interim results 7th November.

AO

[rimmy2000] 22/10/2013 19:43

I'll go for EOY £1.20 please

[contrarian2investor] 22/10/2013 19:21

Thanks badtime, SKS arrowing higher. Always amuses me how investors prefer to buy an unloved stock when it is safely 30-40% above its low.

Shall we start a year end share price sweepstake?

I am going for £1.15p

[wad collector] 22/10/2013 18:10

Oops , 103! That would have been a bit optimistic.

[wad collector] 22/10/2013 08:23

Knocking on the door of my 203 sell limit for my trading holding. Looks like it will trigger today. 18 month high.

[contrarian2investor] 16/10/2013 18:20

Not sure they got the best price for the majority of their UK Solid Waste business. But it is nice to have see SKS at £1, with plenty of time for more gains before year end.

[a0148009] 15/10/2013 07:16

Sensible thing to do as a minority player and always hit more in this area of the business in downturns in the economy - concentration in high tech waste treatment and recycling is the future.Very likely to be another bid for the company some time in the future.

AO

[contrarian2investor] 26/9/2013 07:43

A pretty good update from SKS this morning, given the poor interim results from Augean on Wednesday. Time to start the push to above £1 for the year end.

[wad collector] 09/9/2013 11:52

Oh well , in that case...

[mr_bluesky] 05/9/2013 22:14

SKS are on my list of top long term recovery sharers to hold and sit back and enjoy.

Nuff said.

Mr Bluesky

[contrarian2investor] 05/9/2013 18:51

wad collector,

Yes that's a certainty.
SHANKS have been on a great run, up over 24% excluding dividends since the beginning of July. Now heading for levels last seen in 2011. Heading back into the FTSE 250, where a larger number institutional investors and more fund managers can buy the stock.

This unloved, once troubled company is being recycled into a growth stock.

[wad collector] 05/9/2013 14:01

Could be about to leave penny share territory ....again.

[contrarian2investor] 04/9/2013 19:48

Stop-loss raised to 84p.