2Semana·

A good chance for Mo-BRUK?

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$MBR (-0,14%)

On July 8, Polish Climate and Environment Minister Paulina Hennig-Kloska announced a package of measures worth PLN 400 million (~USD 100 million / € 94 million) to eliminate so-called "ecological bombs" - illegal and dangerous toxic waste dumps across the country.


The program is designed for the next three years. Priority regions include Łódź (Lodsch), Silesia and Świętokrzyskie (Holy Cross).

The overview of the provinces and the location of mobruk shows that Mo-BRUK has two incineration plants (in Karsy and Jedlicze) and two stabilization plants (in Niecew and Skarbimierz), which are located in the immediate vicinity of the aforementioned key regions. Mo-BRUK should therefore be ideally positioned to win at least a significant proportion of the tenders.

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Even if Mo-BRUK were to win only a third of the tenders, this would already correspond to an increase in turnover of around 50% compared to the current annual turnover.


Since Mo-BRUK announced on July 2 that it would pay the increased fees for 2018/2019 (regardless of the outcome of the ongoing legal proceedings), the risk of being completely excluded from the tenders has also been eliminated.


It is also exciting that the article mentions that the waste transports are monitored by GPS to prevent the waste from being diverted to another illegal landfill. In my opinion, this shows that the Polish government is now serious about combating the criminal waste business.... Even if this reaction comes decades too late. As a leading and reputable industrial waste company, Mo-BRUK should therefore be in an excellent position to win at least a few significant awards....anything else would be more than disappointing.


Exciting, isn't it?

This means that part of my "bet" is paying off, namely that the Polish government must respond to this waste problem before they drown completely in waste. ...

As a reminder, Poland has ~800 illegal dumpsites in forests and rivers with waste from all over Europe.


Source: https://www.bankier.pl/wiadomosc/Bomby-ekologiczne-i-nielegalne-wysypiska-Hennig-Kloska-400-mln-zl-na-ich-usuwanie-8975731.html

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5 Comentários

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at what price would you go in?
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@Memo0606 Of course, this is not supposed to be investment advice:
My entry price is €71.23 (240 shares), which I find acceptable. The developments that the disputes could be won, capacities increased by 70%, share buybacks and acquisitions and now also the chance to generate great additional income through these environmental programs make me very positive. I see a P/E ratio of 15 as cheap compared to WM or other waste companies...
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I take a critical view of the comparison with Waste Management and the P/E ratio.
Waste Management is a blue chip and would have a completely different P/E ratio simply because of its size and consistency, even if it were to grow at 0% over the next two years.
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@beetlejuice I agree with you!
However, given the prospects, I still think it's a good price for a self-runner
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