LightwaveRF – I having reminded just yesterday results to likely show quite desperate financial times…
I do have a little sympathy with the green brigade because if you think about the essence of economics, it is all about the efficient and sustainable use of factors of production. However, where even the financial world has gone mad is the rise and rise and rise of environmental, social and governance (ESG) investing, which has certainly overhung shares in sectors such as tobacco, energy and the automotive space globally. And do not even get me started on green activists who do not want to fly on planes or start families until climate change issues are 'sorted'.
I have loved up Biffa (BIFF) on these pages before, calling the UK's premier business waste collection company in November a buy based on 'big themes...such as tighter regulation, recycling and participation in energy from waste'. The shares have risen - along with the general market - since November but what has caught my eye today are comments from the company that 'UK recycling confusion' needs to be 'sorted'...
As the old saying goes, 'where there's muck there's brass'. Rubbish and recycling company Biffa (BIFF) shareholders have had an alright ride since the company came back to the market in late 2016 but today's update contains the fascinating assertion that the company's CEO Ian Wakelin has 'advised the Board that he no longer wants to hold a full time executive role and that he therefore intends to leave the Company once the Board's succession plan has been implemented'.
Hello Share Turners. As the bins overflow with unnecessary packaging at Christmas time, our thoughts turn to how all the Yuletide junk will be recycled. One company which makes money out of rubbish at Christmas, and all year round, is Biffa (BIFF).
Hello Share Swillers. Apparently we all like the idea of our waste not being wasted. Most of us religiously sort our recyclable rubbish from the non-recyclable into the correct bags and containers. And it’s this liking for not wasting our waste which a company called Biffa (BIFF) thrives upon.
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