Floated at 80p this one won't go down the skip (or "tip"), I promise.

Skip? Skip it!

They do! Straight up! Straight (STT:AIM) IS worth a little look. It's highly illiquid - well rubbish is! - my cans are always empty, lol!

What am I on?

Well STT provide waste recycling products (not just skips!) and raised 1.5 million at flotation (market cap 7 million), to enable the introduction of software that will optimise its recycling targets and sales. Everyone is seeking improvements in the amount recycled and it is infact VERY big business. It won a contract that is lucrative with Northampton County Council recently. The contract is worth over 1 million and the company confidently expects to win several additional such contracts this year. Beeson Gregory didn't take a 4% stake out of some misplaced sympathy!

The rollout potential is actually very strong and that's where a 7 million market cap looks oh so much on our side. At 112p the shares have been going up (You guessed, straight up!) having floated a few months ago. Friday's buying was not huge but quite a few I suspect very well informed people spent over 5k. New contracts look certain to follow. Local authorities will have money to spend at this time of year. (And i understand they are looking for business from big name water companies too).

Worth a little dabble imho.

LISTEN AUDIO INTERVIEW: Straight plc (STT) - Interim results

Click here

Good news!

Straight Plc has been reappointed by the Eastern Shires Purchasing Organisation (ESPO) and the Central Buying Consortium (CBC) to supply a wide range of products under a two year Framework Agreement, with the option to extend for a further two years. The estimated value of the four year Framework Agreement, which commences on 1 February 2014, is expected to be up to £100m through which Straight expects to generate at least £4m of annual revenues in line with recent levels achieved from this channel.

Of 18 possible lots, Straight bid for a total of 14 and secured a position on all of these, meaning Straight have the largest product range on the framework.

The products to be supplied include all of the Group's core product range including plastic wheeled bins, steel wheeled bins, food waste caddies and kerbside collection boxes as well as its two new products, the 3BoxStack and the Food Waste Inner Caddy.

Straight Plc holds joint supplier status on each lot with the exception of providing a Totally Managed Solution for Compost Bins where the Group is sole supplier.