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Atkins (ATK)     

washlander - 05 Nov 2003 09:25

Considering they make, I understand 30% of their profits from a deal with the London Underground and the RMT have called a strike ballot on recent safety issues, can anyone please tell me why they have gone up so much in the last two days?
Much appreciated in advance.

washlander - 15 Nov 2003 11:23 - 4 of 6

I understand your thoughts but bearing in mind 30% of profits will come from railways and already one strike, thursday last on the underground [though it was more regarding a staff sacking] and a series of health and safety strikes being called, I still do not understand the rise. I know there has been another H&S issue relating to asbestos removal at Brixton on the Victoria line, with maybe more strike calls there. They are planning on shutting the station to passenger traffic but still intend running trains through which is worrying the drivers and the unions. Also apparently but I cannot confirm this, they attempted to remove the asbestos without telling anybody, which has also upset the unions. According to someone in the know it was accedently let slip in a meeting.
I am not sure the present price is justified. I will hold back until Jan on this one.

FTreader - 25 Nov 2003 12:01 - 5 of 6

I am looking forward to shorting ATK soon. Totally overpriced at this level. Gone from 50p last October to 430p today. Better value in JRVS I think or even BBY.

Danmatt - 19 Feb 2004 20:44 - 6 of 6

Still fancy a long on ATK at 579 and shorting Jarvis. Government ramping up #180bn Integrated TRansport policy and ATK in prime position to profit. Any thoughts???
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