gamesinvestor
16 Feb 2016
In 41Games
gamesinvestor
15 Feb 2016
What's happening? Share price is falling fast -- any news out there?I also came across this which is a little old now but worth a viewing :--file:///C:/Users/larryr123/Downloads/AugeanOutlook270415.pdfGames
dazedandconfused
25 Jan 2016
Re: Scary Trading Statement I can't see why the revision to LFT1 in December should be a concern to Augean's market for Haz waste. The changes were: HM Revenue and Customs (HMRC) have amended this notice to include guidance on mixed loads, quarries and on the definition of ‘naturally occurring’ for Landfill Tax. The change to the content is in the following part of the notice
aragraph/Section ContentSection 4.3 Definition of ‘naturally occurring’Section 5.3 Guidance on evidential requirements including illustrative European Waste Catalogue Section 7 Lower rate: mixed loadsSection 8.4 Guidance on the conditions that must be met where lower rated waste, used for the purposes of filling existing quarries, qualifies for exemption from Landfill TaxThese were after construction industry pressure about how a small amount of 'bad' material in a lorry load could make it liable for full landfill tax, and not Inert rate. There was another change to LFT1 earlier in 2015 that meant more loads with small quantities of asbestos fragments would have to be ALL at haz waste disposal (and rates), which would mean MORE loads going to HAz waste facilities. Unless this change affects their soil treatment centre (nil LFT), but that is a small part of their turnover? More concerning would be the Scottish/Oil&Gas market decline, which they address quite well in the Update. To me, this is a buy on weakness opportunity, but i'll give it a couple of days to see how market reacts.
Waste_not_want_not
25 Jan 2016
Scary Trading Statement Strange update as I read it. The very significant uncertainty is the landfill tax point . The subtlety is that Augean depsite handling hazardous waste pay very low landfill tax relative to the volumes they take in. Various exemptions are being claimed and some must be being queried by HMCE. If these can no longer apply for a significant % of the waste mix then its £ 82.50 a tonne extra per load which would go straight to HMCE but would also double the price a customer has to pay Augean..Landfill volumes have always been the key to profits for Augean and any uncertainty over the volumes that will come to them is a problem. Volumes will be very high if there is uncertainty as developers and market players rush to get waste off site and into Augean but would fall off a cliff if these exemptions are being removed as the price hike is so significant. They may end up at Augean if the market cannot find an alternative but Augean will not see any £ benefit if so the extra costs they will have to charge will go to HMCE.
smilingmickey1
05 Jan 2016
Trading statement due? Some positive movement in the share price today.A trading update was issued in January last year so we may expect one soon.There seems no reason to expect anything other than a positive statement. Fingers crossed! Share price seems good value with low PE compared with recent growth in profits and competitive position of the Company.
smilingmickey1
25 Sep 2015
Good value? Surprised by the poor reaction of the market to interim results.Increased profit and EPS. Reduced bank borrowings. Service a diverse sectors of waste treatment. Not too much competition in the treatment of technically demanding waste stream. So I'll hold on.
smilingmickey1
26 Jun 2015
Bought a few Just to say that I've bought a few of these in the last couple of monthsThey increased profit/cash generation/EPS between 2013 and 2014 at impressive rate. Not on a very demanding PE at current share price. Despite significant investment in the business during 2014, there is a small but growing very well covered divi, and a small reduction in debt.High level of institutional shareholders.
II Editor
24 Jun 2015
NEW ARTICLE: Trends and Targets for 25/06/2015 " AUGEAN PLC (LSE:AUG) has a blue line. It also has a pink one. When we look at what's happening to the share price currently, it seems either one of them is important to the market and critically, should it now close above 57p, it betters ..."[link]
Will Temple
10 Mar 2015
Re: Falling oil prices will impact their division focusing on waste treatment for the offshore market in Aberdeen.
Spieler
26 Feb 2015
Why the steady downward movement, any ideas?
