Make sure BWIH is on your watch list. The news yesterday about their possible buyout states that the meeting with the buyer's team is taking place today.
That means if something materializes and a deal is finalizes it could be announced any day!! Buyouts are always good news for people already positioned in the stock cause the buy out price is usually higher.
Situations like this are very rare. It's very important you watch this one close because if it starts to take off there is no telling where it may go!
BWIH definitely has the numbers to support a buy possibility. The company reported that it is on track to realize approximately 10Mill revenues for the year ended March 31, 2010.
Most of us wouldn't ever think of doing what BWIH does.
Fortunately for BWIH the garbage sector is extremely lucrative.
Disgusting? Probably. Profitable? Definitely. Garbage is worth a lot of money to the companies who haul it away.
Just look at the giant Waste Management (WM) which is worth Billions!!!
We throw away garbage every single day and barely acknowledge that if it weren't for companies like BWIH, we would be surrounded by filth and rodents.
What's the point of a beautiful home and garden when you have piles of trash everywhere?
BWIH is a waste solutions company in Western Canada providing complete waste and recycling services to commercial, industrial, construction, homebuilding, oilfield and residential clients.
BWIH doesn't stop with just homes though. Hazardous trash piles up extremely fast at industrial sites.
BWIH has become the leader in Canada in the construction and industrial waste removal industry!
So how exactly does BWIH make money?
BWIH's revenue consists primarily of fees charged to customers for solid and liquid waste collection, landfill disposal and recycling services.
BWIH uses approximately 2,500 containers of various sizes and purposes and approximately 120 trucks to conduct various waste management operations operating in Edson, Calgary, Edmonton, Red Deer and the surrounding areas in the Province of Alberta, Canada.
BWIH charges fees based on a variety of factors.
These include things like collection frequency, the type, volume and weight of the waste collected, type of equipment and containers furnished, and the distance to the disposal.
It's been said that in the U.S. alone, people throw away at least 162 tons of garbage a year!
Unless people suddenly decide to stop throwing trash away, which is unlikely, BWIH will always have a market to do business in.
BWIH signed a five month contract with EPCOR Water Service Inc. that commenced February 23, 2009.
EPCOR Water Services Inc. provides water, wastewater, and distribution services to almost one million people in over 60 communities and counties across Western Canada.
The contract includes hauling of biosolids from the Taber Wastewater Treatment Plant and disposal at the Bowden Institution composting facility, Innisfall, AB.
The Bowden Institution has embarked on an aggressive composting program resulting in a continuous reduction of landfill utilization. It is a founding member of the Composting Council of Canada's Compost Quality Alliance program.
Composting helps reduce the amount of waste going into landfills!
BWIH sees vast opportunities for expanding their distinctive services with regulations throughout North America pressing companies and individuals to be more vigilant in the way they handle their waste products.
Keep an eye on this company. Start your research on BWIH at: http://budgetwaste.com Always do your own research and consult with your own financial professional.
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