Waste Connections Inc. (WCN)
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- Waste Connections: Not Such a Dirty Job
- Waste Services Industry: Trash to Treasure
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- Stocks At or Near 52-Week Highs
- Wall Street Breakfast: Must-Know News
- Time for Investors to Pick Up the Garbage Disposal Companies
- Don't Throw These Out with the Trash: Garbage Stocks
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Waste Services Industry: Trash to Treasure [view article]
Good observation!.........W... why there is more garbage picked up during slow times tho. ReplyWaste Services Industry: Trash to Treasure [view article]
Please take this down! How does one covering (or at least trying to cover) the industry not know who the second largest player is?! Also, Republic has already rejected the $37 offer. Good thing the Nittany Lion Fund is only giving you $5 million to blow. ReplyWaste Services Industry: Trash to Treasure [view article]
Now you need to do your research too. Waste Management has always been the big boy my friend and as far as running a small company now I'm doing it and growing at a considerable rate. The problem with the big boys is customer service which will always leave room for competiton. And on side note again BFI was bought out by Allied Waste. ReplyStaples
Waste Services Industry: Trash to Treasure [view article]
Guys, look at it this way....I spent many years in the biz, residential and mostly commercial in NY metro area. so kinda seen it all from the front to the upper view, either way it smells I have been told. After awhile you don't notice.this I noticed. It wasn't too long ago, right over the (excuse spelling ) Kosciusko Bridge in brooklyn, around the BQE( for non NYers, just before Manhattan, sat the 2 biggest waste companies in the country, right down the block from each other. One was Waste Management, who in my opinion was the smaller of the 2 and not the big name. down the block, both with their own transfer stations etc, was the pretty and very difficult to do, clean trucks for BFI. Browning Ferris Industries. If you watch movies from the 80's onward, when ever you see dumpsters in it, they are thespecial oclor Blue' of BFI. Ironically, our blue was the blue my company used and I guess mixed or chose whatever, so they called it our company's name 'Blue'. Insignificant bit of oddball news. Whenever you had the prerequisite front end loader (the truck with the forks that empties the container through its roof) is backing out of an alley in a movie chase scene a lot of times its the blue BFI. what I am saying is they were all over the country. I even told my bro in law at the time to check them out as he was into stocks and had money, i was neither, and realistically still aren't!!!
Than one day, it just hit me. where the hell Did BFI go. No more pretty blue containers. They were bought out, taken over, merged, still not sure by or with Waste Management, which immediately became the big kid on the block.
Here is a rule of thumb guys. If a company owns or runs it's own landfills and doesn't have to dump the garbage they pick up in a municipality, they are saving millions. dumping fees were out of control toward the end of the truly 'private' sanitation companies, the mom and pops if you will. Even thought they weren't small or inexpensive to run.
If you have your own landfill, you bring your loaded trucks in, save up to sometimes $1,000 or more if its raining or you are loaded with 'slop'. A garbage term for food from diners(ok outside of NY, Denny's Perkins, waffle house), restaurants, fish places, anyplace where food is thrown into a dumpster, it weighs a considerable amount. At one point we had scales in the truck weighing each container, the dumping fees were out of control
If you went to dump a roll off from a diner or similar to above, example catering halls, where they needed something bigger, they had compacters built into them and you'd pick those bad boys up and flip them around to dump and vice versa, again....some of the heaviest and wear and tear on trucks, drive shafts, tires and universals would snap.
so imagine not paying for that? when you could shop around for the best place if and when your landfill got closed, like all are in NY. Many are still open but for construction debris and guys watch you dump to make sure, no tires, nothing. even clean fill, which you used to dump for free, dirt, top soil etc than it it had one piece of wood you paid for 20 yard roll off of dirt of cement...think of the tonnage.
OK, I enjoyed my trip down memory lane, but that is what killed private sanitation in NY metro area. Anyone recall the infamous garbage barge, that had no place to call home. dumping fees were so outrageous here that well some companies were forced out of business.
the final point is anyone left standing today is no small potatoes. I don't care where they are or if centralized in one area. a small company would have almost an impossible time making it now. the towns wound up taking over routes. Only private companies that filled voids for the WMI, AW and republic etc made it.
as I used to say and tell my boss, especially at raise time...
'there's gold in them there pails'. Nothing could be truer the longer it goes on. Until we go soylent green, there will always be waste.
I bit of an insiders view and I am for speaking tours at bar mitzvahs, sweet sixteens and Holiday parties, not to mention Christenings.
I love the commercials I think for waste mgmt, all the guy does is drive around town, smiling as lights go on and doesn't pick up a damn thing. No slop leaking out the back gate, nothing flying off the roof onto windshields and no rats climbing onto your cab and hanging onto your mirror. ahh the good ole days
Staples
So no such thing as small. Even if you are speaking of in relation to. I've moved on, buy a t-shirt! Support a teamster on a withdrawal card for too many years to count!
thedarksize.com
or have a laugh with stocks at
thedowJokesreport.com Reply
Waste Services Industry: Trash to Treasure [view article]
All I can say is Mahir Desai you need to get your facts straight on this article. #1 Allied Waste is not a small player from Arizona they are the number 2 company in the industry with revenue of 6 billion formerly BFI. #2 Waste management is trying to stop the merger between the two so they can buy RSG. if you are going to post a article on the web please do a little research because of now you are very credible. Allied a small waste service company out of Phoenix C'mon!!!!! ReplyWaste Services Industry: Trash to Treasure [view article]
This article seems light on accuracy, devoid of current performance analysis and it fails to properly present several ongoing events in the industry.Allied Waste Allied isn't the small operation that you have characterized in this piece: it owns the second-largest (after Waste Management) domestic network of landfill operations in the US and their mangement team has agreed to the merger with Republic Services, the 3rd largest operator. Shortly after the AW/RSG merger announcement, WMI made a hostile takeover offer of RSG in order to sabotage the merger activities , since the combined company will become a much more powerful competitor to WMI.
Additionally, RSG has rejected Waste Management's $37 cash bid, citing its commitment to merging with AlliedWaste, which it believes offers better long-term value.
Finally, Bill Gates Cascade investment company has been buying large blocks of RSG stock and has come out against the hostile offer from WMI, which it has characterized as a tactic to stifle competition. Reply
Stocks At or Near 52-Week Highs [view article]
A Better Place: Almost everything you said is utter nonsense. If you voted for Bush you are partly responsible for the current Bush Recession. ReplyStocks At or Near 52-Week Highs [view article]
First of all, I am not a Democrat and will not vote for a Democrat.I think most investors had a strong feeling that between now and election time, the Republicans would apply extreme pressure anywhere and in anyway they could to boost the market. They are having some success it seems. However, they can do the most in controlling commodity prices. Getting them down as we see happening now. Low and high estimates as needed to influence commodity prices, along with personal pressures applied to those in most control of the targeted commodities. No telling how low we will see some go in the near, but hold on after 2008. Reply
Stocks At or Near 52-Week Highs [view article]
I realize that IBM is not in the S&P, but it is a Dow component and near its 5 year high. It has had a great run. Replyps
Wall Street Breakfast: Must-Know News [view article]
Vegas baby!!! (so true) ReplyWall Street Breakfast: Must-Know News [view article]
its not investing anymore-its vegas only slower &nobody brings you a drink. ReplyWall Street Breakfast: Must-Know News [view article]
The wheels are off the cart and now the cart is going into the ditch. We have to deleverage this market and control the wild shorts and traders. Many people today have nothing but money in the market, no positions either in stocks or bonds. ReplyWall Street Breakfast: Must-Know News [view article]
Well said !!! ReplyWall Street Breakfast: Must-Know News [view article]
Stellar results for one of my favorite companies. ISRG is up 13.5% in the pre-market.Beyond the numbers, there isn't much surprise.. this company is consistently driving forward in a field where it has no competition.
Robotic surgery is here to stay, as I plan to stay with this stock for years to come.
You go girl! Reply
San
Francisco
Wall Street Breakfast: Must-Know News [view article]
So, Pelosi and Reid, with their single digit approval ratings, want to send the helicopters over again, shoveling out money just before the November election. Heaven help us. Reply