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Mercury Recycling (MRG)     

HappyDayz - 03 Jul 2004 05:21

Not a gamble this one, but an excellent medium term investment,
with all the AIM tax breaks.

Mercury Recycling Group Plc was formed in September 1997 and it's first recycling plant was opened in February 1998.

Mercury Recycling's Manchester-based plant offer safe and controlled destruction and recycling of fluorescent tubes and street lamps by splitting them up into their seperate parts - glass, metal and mercury - all of which can be processed and re-used. The Company also recycle dental amalgam, the silver coloured material used for dental fillings, which is seperated into mercury and silver. Other items recycled for hospitals and clinics include button cell batteries from hearing aids and mercury thermometers.

Clients of the Company come from both public and private sectors, though predominantly in the service and manufacturing industries.

In July 2004 new European Legislation comes into force, meaning that certain wastes categorised as Hazardous can only go to suitably licensed recycling facilities or to authorised landfill sites of which after the new regulations, there will be only 10 - 15 Nationwide.

Mercury Recycling supply safe storage bins to companies, and collect them when they are full, charging for each item collected.

They have an impressive client list which is growing all the time, including;
NHS Hospital Trusts
Goverment Offices and Departments
Leisure and Fitness Centres
Electrical Wholesalers
Highway Maintenance Contractors
Network Rail
London Underground
Education Departments
Exhibition Venues
HM Prison Sevices
Sports Stadiums
Local Authorities
Airports
Banks and Building Societies
Police and Fire Services
The Sunbed Industry
and many others

http://www.mercuryrecycling.co.uk/
a nice Green company on AIM, with excellent future growth prospects.

ethel - 07 Mar 2005 13:47 - 9 of 12

It looks like a repeat of last year's trading.A big surge up in January and then in a trading range until results in May(?).The dramatic drop was probably profit taking,IMO.This is still a loss-making business,albeit improving.I would like to see profits at the next results.Until then,on no news,I would wait until the sp shifts up before/after next set of figures,before buying.Alternatively,once you see the pattern you can trade within the sp range.
Ethel

halifax - 26 Mar 2007 10:09 - 10 of 12

Governments commitment to compulsory recycling of lamps containing mercury may finally happen this summer.This would have a significant effect on MRG sales whose results are due shortly.

halifax - 19 Apr 2007 17:14 - 11 of 12

Classic case of MM manipulating SP which is up 5p(20%) most buys shown as sales. Results due soon.

halifax - 20 Apr 2009 11:25 - 12 of 12

Starting to perk up in front of results due shortly, hoping for a maiden dividend.
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