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

M.

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

Are all you guys still hanging on or have you closed?

Still hanging on, hoping for 95 to 100p. Ang move on IGG yet Harry, thanks H

Trend is still up. No reason (for me) to exit.

(IGG stubbornly refusing to go lower atm! Not given up hope yet though!)

I'm out of this at present, as posted above, but just as a matter of interest, are the rest of you still holding, as the up trend seems to have stalled for the moment, plus no sign that the sp wants to push past the 200 DMA?

I'm still in Harry - a few recent short(ish) term punts are off today - the exceptions being HFD,RSL and FGP.

In that case, what would be the trigger for you to get out? You must be pretty convinced that the sp will soon get through the 200? Presumably if the 25/30 & the 50 DMA's hit and don't get through?

Harry - I'm reasonably happy to hold these atm, I'm long from 82p, so a break of @85p and I may be out.

Still holding. Looks like a pennant forming on the chart. Could be a positive break
from it especially come thursday and we get more QE or similar..............hopefully.

Out first thing. Kick in the gonads ...mind a profit is a profit.

Pre-close Trading Update for the six months ended 30 September 2012

Shanks Group plc, a leading international waste management business, provides a pre-close trading update for the six months ended 30 September 2012.

The commentary on the Group's performance set out in this trading update reflects the reorganisation of the Group into its Organics, Hazardous Waste, UK Municipal, and Solid Waste businesses as announced in the Interim Management Statement released on 19 July 2012.

Summary

During the first half, the Organics, Hazardous Waste, and UK Municipal businesses have continued to perform robustly and in line with our expectations. However, since the last statement market conditions in the UK and Dutch Solid Waste markets have deteriorated significantly with a consequential impact on the Group's trading performance.

Whilst the Group is delivering benefits from the investment programme and its cost reduction plans, these will not be sufficient in the short term to offset the challenging conditions in the Solid Waste markets. The Board therefore now expects the result for the year to 31 March 2013 will be slightly below the range of current expectations.

I would buy at 65p due to the inverted bowl chart.

bought at 76p today.

Beaking 88p then all cleared for 98p

Another 0.50p rise, everything counts on this nice bounce

Was as high as 87.75p, but lost some ground at the end with 86.50p

Another day of high volume, twice as other times in reality 28M shares traded earlier at at the same price meaning, some sells and then bought by someone else

Once again close to Break out intraday high of 88p

Interims tomorrow 7th November.

Half-Yearly Report

Financial Summary

· Strong performance in line with expectations
· Underlying profit before tax up 3% at constant currency to £18.3m on flat revenue
· Underlying EPS up 3% at constant currency to 3.4p per share
· Robust balance sheet with core net debt at £182.2m and net debt:EBITDA ratio of 2.1x
· Return on operating assets up by 60 basis points to 14.8% due to capital discipline and portfolio management
· Loss from discontinued operations in first half of £27.2m, £23.1m non cash
· Interim dividend maintained at 1.1p per share, reflecting confidence in medium term

Business Overview

· Successful cost programme in Solid Waste Benelux delivers increased profit despite continued challenging markets
· Hazardous Waste performed ahead of expectations, particularly in soil and water treatment
· Organics Netherlands delivers growth, new assets being commissioned
· UK Municipal growth in line with forecast, with good progress on construction of new facilities for BDR and Wakefield PFI projects
· Significant investment in Hazardous Waste where we can generate attractive returns
· Active portfolio management including the exit from UK Solid Waste will deliver £4m uplift in annualised profit before tax and £22m cash inflows for reinvestment in growth businesses, principally from exit of UK Solid Waste
· Well positioned for future growth, with portfolio of strong businesses in attractive key markets