Recent newspaper reports of counter bid might have some merit. Lots of buys are a bit larger than usual uninformed punters.

M.

PEG of 0.31 for 2013 forecasts............. bang tidy.

Forecasts plenty of growth to come for this established stock. Although agree with Harry not without risk re- to euro.

SHANKS GROUP SKS

Broker views and SP targets.....

Shanks Group Broker Views
Date Broker Recommendation Price Old target price New target price Notes

20 Jul Liberum Capital Buy 83.90 160.00 120.00 Reiterates
19 Jul Investec Buy 83.90 145.00 120.00 Reiterates
19 Jul Jefferies International Buy 83.90 119.00 119.00 Retains
09 Jul Goldman Sachs Neutral 83.90 133.00 135.00 Reiterates
18 May Jefferies International Buy 83.90 133.00 119.00 Retains

I agree something is happening up another 2p. Hopefully we're getting away from the lows!

Going strongly this morning.......

Not complaing but preferred slow & steady. May now have to consider selling before my target is reached.

Pull back so Ive added a few. Not a lot...... just to get a round number.

Good move, gf. Or should I say, good timing!

LOL yep dead lucky Harry.

Does this qualify as a cup + possible handle in your chart in post #14?

Shanks helps Glasgow shopping centre to zero-waste

Harry more of a ladle :-)

Cheers skinny. It always seems a little bit down to interpretation as 'cup & handle' can be a variety of shapes and over a number of time scales. Still, in this case when sp hits the 200 DMA I will be profit taking (probably a little before it hits!).

Nudging 90p. Nearly there!

Through it Harry. Hope you havent sold. Is some resistance at about 96p/97p.

Been a good week so far. Also is support in 92p area whith S/R equation , yep might consolidate for a while, but seems to be on a run.

Wondering if I should add again before my 120p SP target.

Skinny you genious .........Ladle chart pattern. Get a copyright on it.

Yep, sold at 92p. I bought at 79p and also will get the divi, so more than happy. Plus getting a little nervous that my profit is at risk. Plus I need the cash for IGG when it gets sub 420p! (hopefully).

Well done to those who bought this, If it can get past 96p got to hit 100p as a limit surely?

Well done harry. im holding. Holding for 120p if Mrs Merkel allows me to.

Well played Harry - my close order @95 now looking doubtful.