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ShareShack user name hidden until logged in November 09
Morgans interview with Vik Bansal, CEO of Cleanaway on 17 Oct 18.
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ShareShack user name hidden until logged in November 04
Just noticed the extent Bingo has been sold off over the month of October. Doesn't look to be anything company specific- as there have been no price sensitive announcements, but rather been caught in the correction in the overall market during the month. I really like this business (have posted about it before) but felt it was too expensive when I last looked at it and when it was over $3.00. At the current price of $2.38, it is now trading on an FY19f p/e multiple of 18x and 13x FY 20f (based on analyst reports I've read), which captures the full year impact of the Dial a Dump Acquisition announced a few months ago.

Interest in anyone else's views, but I reckon this would be a great long term hold for the super fund. This article in today's AFR supports this for me. Shows what a great industry waste management is and Bingo has been sold down much more extensively than Cleanaway, suggesting it's a great opportunity
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ShareShack user name hidden until logged in July 22
4 July 2018 NABtrade interview with Charlie Aitken discussing some previous picks of his, but mainly focussed on the reasons why he likes Cleanaway Waste Management (CWY)

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ShareShack user name hidden until logged in June 04
Am finding it hard to find no brainer buy opportunities at the moment.

I saw this video which argues that Cleanaway, an ASX 100 company, is being under-appreciated by the market following its acquisition of Tox Free.

The fund manager being interviewed believes the market hasn't fully factored in $35 million of synergies.

I had a look at the latest UBS report on Cleanaway which shows it trading on a forward p/e multiple of 22.9x.

Whilst the combination of the two business creates a dominant player which will underpin a robust future earnings outlook, a 22.9x multiple is not a screaming bargain in my opinion.

This is particularly as it relies on the synergies expectations from the Tox acquisition being fully realised.

The video is worth watching though because it shows how this particular fund manager thinks about the opportunity.

This is important as it's ultimately the institutions that drive the long term direction of the ASX 100 companies.
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