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CO. Coats

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Coats LSE:CO. London Ordinary Share GB0009270579 Ord 20p
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 GBX

Coats (CO.) Latest News

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Coats (CO.) Discussions and Chat

Coats Forums and Chat

Date Time Title Posts
07/3/200308:26Lets have some comments please.19
08/1/200309:45Coats - Falls on tough trading-
10/11/200221:14Two crash defying stocks5

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Coats (CO.) Most Recent Trades

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Coats (CO.) Top Chat Posts

Top Posts
Posted at 07/3/2003 08:26 by overzeal
. . . the group recommended a total dividend of 4 pence per share, up from 3 pence.
The 2002 total dividend includes a special second interim dividend of 2.5 pence . . .

so interim divi is 2.5p
and final divi is 1.5p

am i correct ?
Posted at 29/8/2002 23:17 by mchambers
Yes, I like this. The long term 5yr chart shows clearly that the share is making higher bottoms since 99ish. The chart movement this Aug. suggests a slight retreat to come, but frankly it should not go much into the top 40's, a great buying opportunity again. A take-over play is likely. Company obviously held by long term, old money players with rag trade culture--this is most encouraging. Probably a £2 share in the next 2-5yrs especially if there is a share buy back, or some aggressive brand marketing. 'Coats' would make a terrific mid market fashion brand. This however would need a well grounded youngish person to make happen--and we don't grow on trees.
Posted at 13/7/2002 15:51 by bird of dawning
Of course, it has been a disaster for long term holders. My own involvement has been from identifying it as a turnaround, recovery play. Admittedly a speculative stance. Therefore I have been looking at gearing (net of cash), recent dividend record, price to book value.

I averaged in CO. at 43p, but have decided to stay in on account of dividend and continueing recovery potential. By the way I would compare this stock with Somerfield (SOF) now `out of the woods' and WSP Group (WSH)..heading into them!! along with the likes of W.S. Atkins and Carillion (formerly Tarmac). All of them...as well known international `going concerns' should eventually have the momentum to carry them through (assuming initial high gearing is successfully reduced).

Regards
Posted at 12/7/2002 01:44 by bird of dawning
I see Coats as a classic defensive holding in this turbulent market. Originally I `pound cost averaged in' just before they divested themselves of the Viyella operation, in the wake of the M & S meltdown at that time (Coats Viyella's main customer in those days). Dewhirst was similarly affected.

Its been an intrigueing journey, (for such a `boring' sector as textiles) since the price reached around 60p on the news leaking of Lord Rothchilds (failed)`concert party' attempt to take the company private, about 2 years ago. Its global, unregulated and post recovery, well suited to the `defensive' value investor, (being priced somewhat below its lowest intrinsic value). Likewise I'm staying in for the medium to long term. Thanks Knitcraft I will now check out the HDW comparison.

Regards
Posted at 11/7/2002 20:36 by knitcraft
Has anyone else been watching the performance of COATS (CO.)and HEADWAY (HDW)
Both these shares are up 20% over the last three months and any sales are mopped up by stakebuilders, (usually in late trades in the case of Coats)They both are profitable with asset values 20% approx above their share prices and pay healthy dividends.Do some research--in these markets these two offer real safety with potential for a 25% gain.
I am a long term holder of both.
Posted at 27/6/2002 02:16 by bird of dawning
In the aftermath of traumas such as the likes of Enron and WorldCom, then Coats global defensive industry qualities would seem to be topical. I've noticed that the share price has ticked up a little yesterday on the days events in the U.S. plus you get a high solid dividend included!
Posted at 06/5/2002 19:41 by bird of dawning
As an asset/recovery play, it seems to me that Coats is very solid. P/Bk at 0.58 compares well with Dewhirst(DEWH) at 0.99. The huge discount to Net Working Capital is difficult to resist. Dividend has been maintained despite operating loss and continues to be the main attraction. Gearing net of cash at around 83% level is (just) acceptable.

I have held shares in CO. for several years and was tempted to sell when the price briefly reached 60p; Why didn't I?...still beguiled by the solid dividend c/w asset base. By the way, for comparisons of other solid asset plays, anyone further interested may find it worthwhile to check out CEU. Similarly SIXH, LTHM and LFC.

Albeit these last 3 are smaller companies than CO. they would probably have attracted the attention of legendary value investor Benjamin Graham, as all are selling at a substantial margin below Net Net Current Asset value (i.e.liquidation value) despite all three being going concerns with reasonable earnings records.
Posted at 10/11/2001 00:26 by calleva
LO LO LO what's all this then?

RNS Number:8963M
Coats PLC
9 November 2001


9th November 2001

Coats plc

Following speculation in the press, Coats plc confirms that EC Commission
officials have visited Coats plc's offices in Stockley Park as part of an
investigation into the supply of haberdashery and thread products. Coats is
co-operating fully with the Commission's investigation. It is understood that
the Commission has also approached William Prym GmbH & Co. KG in Germany, a
manufacturer of hard haberdashery products which Coats distributes in a number
of countries, and the Fachverband Verbindungs-und Befestigungstechnik, a German
needle manufacturers' trade association.


- Ends -
Coats share price data is direct from the London Stock Exchange

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