Bonkers Bargains: Where there’s muck…
A specialist waste group covered here has the benefit on a significant protective moat, possessing valuable licences and landfill sites. The shares have performed strongly since surviving a near death experience following an unexpected tax demand, but they still look a Bonkers Bargain at current levels, with significant growth opportunities across several markets and strong cash flow supporting a growing dividend. (IHT qualifying).
Hazardous waste (containing dangerous substances) refers to many common materials produced by the industrial and commercial markets. It contains one or more properties that may render it harmful to human health or the environment. Consequently, special regulations have been put in place to ensure that these types of waste are handled in a safe manner and waste operators in this space are subject to rigorous controls and licences. Augean (LON:AUG) is a specialist waste and resource management group serving the hazardous waste management sector, the oil and gas industry and nuclear and radioactives sector. The Group was established in 2004…