Member Info for Sisyphus

Biggest holding is in Sync - I really think this one has exceptional potential for lots of reasons. It just makes me smile when you get one of the posters quoting 'this share was recommended at 6p more than six months ago so must be good.......' Doesn't even go see that it raised loads of capital at 3p in August to buy Axis Mobile....derrr! Good share but do wish they'd do their research and at least they'd go in 'eyes open'.

Snap! I'm in for quite a few there as well. D1 D2 D3 lots of white goods and an insurance claim - patience is a virtue. [I actually liked the healthcare side for the employees - red-nose day in TXR!]

Yep - think those waiting to buy at less than 15p have missed the boat a while ago in HRG - well called. AUG ticks all the right boxes in a quick screen of mine so I'll go with it. Perhaps I should type 'AAAAAArrrrgggghhhh!!!' now and then I've covered myself on Tuesday if I'm wrong - 10k shares wrong!

Exactly - can't call that one. That graph looks a hell of a lot like HRG in mid-December and I listened to your valid comments on that one - haven't thanked you for that - made a few quid in and out twice - thanks ;-)

Take all its liabilities out of the equation [£35m] Get rid of any bid premium [£0] and it's still worth a heck of a lot more than it's current Mcap of £22.6million. This is a business that is highly regulated, handles pharma and toxics and has lots and lots of barriers to entry - you only have to go to DEFRA website to see why it's got to be worth a few bob more than it is at present. I'm no novice and the behaviour of this one really stumps me - should be well higher. Perhaps too many people have been burned chasing dreams. Been though 1987/2000/2007/8 so don't get phased too easily!

As I said last night - completely beats me why sell at this level :-)

No profits warning has been given by RNS and offer period is still open. IMHO - good opportunity to buy. Teathers is a platform and although share spread may vary it will have no effect on the business as it has no connection other than broker.

On 23rd of September Augean re-iterated - “We spent much energy in the first half laying important foundations for the future sustainable and visible growth of the group. We have a better balance between our landfill business and our treatment business and have secured major contracts which will deliver a strong second half performance. As such, the board is confident that current year market expectations will be achieved.” · “Looking forward to the remainder of the year we are seeing a considerable, sustained upturn in activity based on certain large customers delivering strong volumes, into our landfill sites, as shown by hazardous waste inputs of 75,000 tonnes in the first two months of the second half of the year. At the same time we are experiencing a strong performance, in line with expectations, in our enlarged treatment division. As a result of the certainty of these revenue streams, the board is confident that current year market expectations will be achieved.” (together the 'Profit Forecast'). In early October it confirmed that most parameters upon which it based it's forecasts were known and under it's control. Of the six factors outside it's control only ONE has or may have changed viz. that there will be no material adverse change in the financial markets that would materially affect Augean, its key customers or key suppliers prior to 31 December 2008. No profits warning has since been given by RNS and 'offer period is si

Hi Riddler. Yep, agree. I always take the conservative view which is why I'm amazed that the floor has been set so low on this one. As I mentioned, barriers to entry are high, Augean have excellent asset backing and have added value since offer period began. The MECO deal lends itself well to reclamation sites eg 2012 Olympic sites etc and I can see this share doing a major one-or-two-day readjustment rather than the [welcome] creep I'm getting on Cadogan and Synchronica. The downside has been well defined IMHO and the only way now is up either independently or taken over. Biggest problem is aweful liquidity trying to deal 10k+shares. Several big sells at current floor levels really amaze me - I hope that I'm not mistaken as I hold the shares, but I've been dealing since 1979 and can't see any rationality in selling as it floors and levels. Experience says why when sound company??

Graphs are showing rise out of trading range due plus results due next week. IMHO 47-50p would be reasonable move in next few days but I suspect that results and offer may come in together due to prolonged multi-party talks. Fair take-out price ??? 65-75p would be a steal for eg ONE51. Barriers to entry are high and lots new hardware has been put in place recently so could be better. All IMHO, but that's what this board is about and thanks to good posts and research there is good info to work on [and lots of hot air and mirrors - just have to discriminate!!] DYOR after all. :-)

At least the company is continuing to expand its facilities outside bid talk. Quote from Feb. Augean PLC have signed an exclusive license agreement with MECO Environmental for the provision of thermal treatment technologies in the UK. The agreement paves the way for the installation of a number of Indirect Thermal Desorption and Infra-Red treatment units at Augean treatment sites throughout the UK. Planning permission for the ITD unit has been granted at the Augean owned Waste Recovery Park on Teesside and the facility is expected to be operational during the first quarter of 2009.The Infra-Red units will initially be placed on one of the Augean Treatment sites. These units are designed to be mobile and so it will be possible to provide in-situ treatment where required.

Owww! This is the mother of all conundrums? Holding steady with offers around the table and it dips again!! Thanks to ENK RCG gains not bleeding.........but it stings.......this has got to be time to add a few more....I think.......illiquid though. Hmm.

I quote: Despite the production shortfall from D2 and the associated change in circumstances, there is much to be positive about in 2009: the new powerhouse provides material savings to future generation costs, higher grades are being mined in the deposit, labour costs are substantially reduced and we expect increased digging efficiency from a reconfiguration of D1 in the first quarter. The project to recover and rehabilitate D2 is ready to proceed, together with the land plant and D3 project developments, once adequate funds are secured. The Board believes that these improved operating conditions, as well as the continued support of the Government, will enable the Company to emerge from the difficulties encountered in 2008 and return to previously anticipated trading patterns. Our markets and commercial relationships are strong and natural rutile will retain its attractiveness as pigment producers continue to improve their cost efficiencies given the current economic environment. TRG's Sierra Rutile asset remains the largest rutile deposit in the world and has a promising future once current difficulties are overcome.

The insurance claim should hopefully not be too distant due to reasons I stated. TXR can claim against current trading losses whilst D2 is down - these will cease when claim is met so logic dictates speedy settlemeent for insurer.

You know what I meant :-))

Nice to see demand is still buoyant for TiO2. Not good having to ration customers due to D2 debacle but that makes speedy insurance settlement more likely as indemnity covers trading losses from current inability to supply. Either takeover or resolution of claim and re-instatement of D2 make downside look good. Since the shares only had their listing restored in January there is no moving average data for the movers and shakers to assess trend. As the data starts to light up this is beginning to look very positive so I'm already in.

Researching facts - just take a quick peek at Sync - I've just posted a chunk of condensed facts that show how little is in price. Very seriously worth DYOR with presentation tomorrow. Thanks for drawing my attention to ENK - the deeper I look the more I am sure you are right.

Agree. BHP hold 12%+ and hold options - limits the downside. Cash is way over mcap and liabilities small. Well spotted - just picked some up.

Same reasons no-ones watching PURI. Eyes are in the wrong place ..... today! :-)

Researched and concluded. These are just too low on all fundamentals 52wk low. Fully listed/sales soaring/directors buying - multi sector sales - health/food prep/hospitality. When everyone's stopped kicking up the rubbish [looking at some of the shares that are jumping] this one's a gem for either going alone or as part of bigger pharma. It must be hitting the radar screens at these prices.