Rubbish is becoming bigger and bigger business, and so is recycling, and recycling technology, especially the scanning technology that separates component parts. We need A.I. technology to sift out the plastic bags that contaminate glass and paper recycling.
The population is growing, waste is growing, Asian countries are refusing to take our waste (with good reason) - so we need more dumpsters to remove the waste, and more recycling plants to process the waste. This is simply the bottom line.
Well run companies will make good profits and grow accordingly, cowboys will falter.
Nothing is going to lessen the amount of waste that needs to be collected and recycled, except a decline in the population growth (possibly from either disease or war), and I don't see this happening within the next decade, even though we now have superbugs and China to worry about.
Bingo could become as big as Cleanaway, creating a national duopoly.
Gw
BIN Price at posting:
$2.50 Sentiment: Buy Disclosure: Held
