Coats Share Discussion Threads

[qs99] 22/12/2016 00:02

another good day, looking forward to next TU

[qs99] 21/12/2016 11:10

well done you!

[miti 1000] 21/12/2016 11:03

Yes, just added another 30k.

[qs99] 21/12/2016 10:23

bit of profit taking and now we seem to be heading northwards again...

[qs99] 19/12/2016 15:37

thanks mate, much appreciated....maybe Barclays are picking up the $ numbers and not translating....however, £120m PBT by Edison's figures and translation at their ex rate of $1.2....vs current market cap.....still looks decent value IMO....cash generative and pension settlement IMO will be taken in its stride....next trading update for me is key on whether this pushes on to higher levels and happy to hold in advance.

thanks again Jaws6....
cheers gla

[jaws6] 19/12/2016 15:27

this might help for that forcaste

[spooky] 19/12/2016 15:08

The numbers i have seen are 4.65 going to 5.10, but they haven't been revised yet.

[qs99] 19/12/2016 14:55

Barclays stockbrokers a/c.....maybe they have picked up wrong figures? Do you have latest Canaccord details please? DYOR

[spooky] 19/12/2016 14:47

Not sure where those forecasts are from, they are incorrect.

[qs99] 19/12/2016 14:37

just looking at COATS broker consensus on my barclays a/c and 9.5p eps forecast for Dec 16 and 10.52 eps for 2017.....who knows they may even beat these given the last positive RNS and pension resolution....DYOR and that is IMO, but even without that it is sitting on a forward p/e of less than 5....roll on next TU ....gla

[csmwssk12hu] 16/12/2016 20:55

QS take a look at PCGE Monday , up 40% at one point finished up 20%, could have a nice little bounce to .275 all imho dyor

[qs99] 16/12/2016 12:38

thanks jaws, looks really good...

[jaws6] 16/12/2016 12:00

SEE what cana says about ftse 250 on this

[qs99] 16/12/2016 11:36

just tried a dummy sell, showing offer at 50p, the quote was 51.5 so they want the stock IMO....DYOR but am holding on for the ride...

[csmwssk12hu] 16/12/2016 11:31

Thanks for this QS think this could really take off from here don't think 80p is far off the Mark IMHO dyor

[qs99] 16/12/2016 10:25

can't buy any volume on line, looks like buyers IMO have soaked up all stock....so I'm holding on for a quid....80p broker target (which one was that? Cantors? can't remember DYOR) and PH 60p will both be upped IMO on the back of this and recent trading upgrades....

[miked500] 16/12/2016 10:24

Happened on many stocks this year

[qs99] 16/12/2016 10:22

indeed, look at graph before that announcement, bonkers

[miked500] 16/12/2016 10:15

Must have been a fair amount of insider trading from the big boys here

[qs99] 16/12/2016 10:04

oops, didn't realise I had pressed twice, apologies!

Hefty volume again on the off, not sure why still no a sub 10 p/e now with pension issues being resolved and sight of yield in 2017....DYOR etc but I think the PH 60p target is too conservative....IMO

[miti 1000] 16/12/2016 09:40

Yep, absolutely right .Will be holding longer term.

[qs99] 16/12/2016 09:17

thanks miti, combine that with the recent 80p+ note and we are with earnings upgrades getting some real momentum IMO....I agree, hefty, but in line with what they have on the balance sheet no? Otherwise PH would be downgrading!

takes away risk, allows a yield to begin to be paid, AND as you say with bond yields rising, the annual payment may reduce as well as liabilities reduce in theory....


either way, am holding on for much much more in the NY...

DYOR etc

[qs99] 16/12/2016 09:17

thanks miti, combine that with the recent 80p+ note and we are with earnings upgrades getting some real momentum IMO....I agree, hefty, but in line with what they have on the balance sheet no? Otherwise PH would be downgrading!

takes away risk, allows a yield to begin to be paid, AND as you say with bond yields rising, the annual payment may reduce as well as liabilities reduce in theory....


either way, am holding on for much much more in the NY...

DYOR etc

[miti 1000] 16/12/2016 08:28

My view is the settlement is quite hefty...more than I would have liked. Makes quite a dent in cash reserves. But it removes the uncertainty so that's a good thing .
With bond yields moving in our direction, things were looking rosey so in some ways having to pay off a lot of this deficit at this stage is a pity . Not sure how it affects us going forward , if bond yields keep rising but I'd imagine , its good news but possibly not as good if the settlement had been delayed?



Peels have upgraded price target from 44p to 60p this am on back of this news.