Shanks Share Discussion Threads

[a0148009] 24/7/2014 17:50

No - just reporting the last approach and personally surprised how quickly the share price recovered after disappointment with IMS.
There is still potential for consolidation and SKS is a prime target an attractive holding for II's as often regarded as a quasi utility and their memories are as long as mine hence the rapid recovery.

AO

[wad collector] 24/7/2014 16:50

You starting a bid rumour?

[a0148009] 24/7/2014 13:49

This is not cheap valued on P/E 18.9 and 16.5 for 2015 and 2016 respectively but has recovered well from recent selling. Wonder if Carlyle the private equity group are thinking of having another shot - they aborted tentative offer of 120p March 2010 - SKS were looking for 150p. Since then Company has been tidied up and focused the business and improved the funding profile.

AO

[wad collector] 24/7/2014 13:04

Bottom lines;

The headwinds in the Benelux solid waste market are likely to remain challenging and will result in pressure on financial performance in the first half of 2014/15. We are confident that the actions we are taking to address these market pressures will support a stronger second half. Provided there is no further material deterioration in the Benelux solid waste markets, full year results are anticipated to be broadly in line with management expectations.


Pretty cagey in my view . The management may have low expections!

[bulltradept] 21/7/2014 09:47

In for a few this am.

[ivyhuang] 21/7/2014 07:59

Half bottle of water:
1. slow recovery in Netherlands, delayed about six months;
2. Diversity especially the non-traditional waste treatment improving;
3. Position yourself before the full recovery of the market and share price;

[ivyhuang] 02/7/2014 19:40

We are going to be rich, from BBC Tech&Environment news:
New EU rules on recycling pose problems for UK councils.

[cerrito] 25/6/2014 20:24

From Today's Telegraph on yesterday's price action
quote
Shanks, the waste group, was 2½ dearer at 104p after analysts at broker Goldman Sachs lifted their stock recommendation to "buy", principally on the belief that the small-capper may be taken over.
Shanks, they said, is "a credible bid candidate given its relatively small size, low valuation and ongoing M&A activity in the European waste market".

[cyfran101] 03/6/2014 23:51

Oddly enough the general news over the past week hasn't been great as news reports were regarding "green fatigue" and falling recycling rates.



However if you google for the news, green fatigue has been mentioned almost every year so nothing new and in any case waste in general is down.

[betman] 02/6/2014 09:33

I have been away for 2 weeks and was nicely surprised to see the price has risen from a steady 100p to todays 108p, did I miss any significant news ?

[cyfran101] 31/5/2014 00:01

Coincidentally after IC re-issued sell advice!! :)

[a0148009] 30/5/2014 08:39

Large move on very low volume so far and coincidentally after options granted to directors!

AO

[contrarian2investor] 23/5/2014 14:19

I am back in SKS at £1.02p. Slow growth is better than no growth.

[timbo003] 17/4/2014 21:15

Sell recommendation in today's IC



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Shanks pricey for its prospects

Shanks Group PLC

Processing waste is an ultra-competitive way of making a corporate living, which makes the bounce in Shanks's share price look suspect.....cont

[craigends] 14/4/2014 19:38

winter peaks look far away now - big slide - brave call c2i post 852 if this is bottom?

[contrarian2investor] 11/4/2014 13:42

Well not long now before its time to buy back SKS.

[cerrito] 02/4/2014 20:25

and another downgrade
From UK analyst
Goldman Sachs downgraded its recommendation on waste management group Shanks (SKS) from "buy" to "neutral", slashing its target price by 16% to 145p. The investment bank was not overly impressed with the company's recent trading update and feels that macroeconomic conditions are not too favourable at present. Goldman Sachs did say that it remains optimistic on the long-term future of the group and feels that cost-cutting measures could be the catalyst for earnings growth in years to come. The shares slipped by 0.5p to 111.5p

[cerrito] 31/3/2014 23:43

What a difference a word makes
in Feb 2 14 IMS thy were trading n line with expectations..today it is broadly in line so Investec downgrades and the price falls.
Will continue to hold the small amount I currently have

[craigends] 12/3/2014 17:00

is today just a poor day at the office!!