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COA Coats Group Plc

92.60
-1.70 (-1.80%)
Last Updated: 14:37:24
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Coats Group Plc LSE:COA London Ordinary Share GB00B4YZN328 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.70 -1.80% 92.60 92.50 92.70 93.80 92.30 92.30 100,509 14:37:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Textile Goods, Nec 1.42B 56.5M 0.0354 26.21 1.51B
Coats Group Plc is listed in the Textile Goods sector of the London Stock Exchange with ticker COA. The last closing price for Coats was 94.30p. Over the last year, Coats shares have traded in a share price range of 66.40p to 104.20p.

Coats currently has 1,597,810,385 shares in issue. The market capitalisation of Coats is £1.51 billion. Coats has a price to earnings ratio (PE ratio) of 26.21.

Coats Share Discussion Threads

Showing 776 to 799 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
17/10/2024
08:23
This company has had its act together for a considerable time now. That is why the people who purchased shares at less than 35p are so happy!
manurere
17/10/2024
07:12
After many years this appears to have got its act together. Next 3 years eps forecasts are not bad and margin is excellent imo. The director buy says a lot.
johnrxx99
09/10/2024
17:32
Director buys £145,050
niklol
09/10/2024
17:31
Director buys £145,050
niklol
14/9/2024
03:46
Blackrock seems keen on increasing its stake.
Berenberg’s latest share price forecast -135p—-very high.
Time to hold!

manurere
01/8/2024
18:45
All time high. Trading at 17-18x earnings. Quite high debt. Struggling to see why this is so well liked, is a bid coming?
justiceforthemany
26/6/2024
16:45
What do we think is a fair P/E here?
10x puts shares around 60-65p.

justiceforthemany
16/5/2024
22:25
Trading update next week.
essentialinvestor
13/5/2024
09:28
Thanks J.F.T.M; it's nice to see that someone else is still on this chat.
Like you, I am confounded by the share price. I am on record as saying, several times, that I believe it should be languishing around 72 pence. But obviously there is some big money interested at the present price. I note that a short time ago today, an off-book sale for 2 million shares went through at 86.5 pence. Indeed, most of today's sales have been off-book and around 86.5. That suggests that someone who thinks the share is good value is buying in.
The explanation may be in the company's longer term potential. It has taken the Board and the Executive team a long time to turn this company around after the mess that was left by the previous majority owners/Board. The pension scheme was a serious liability. But if one digs deep into what Coats actually does, its reputation for quality, its high tech, research-driven options for customers, and its very sharp recent acquisitions, the company is well placed to absolutely dominate the higher quality, higher value end of the threads market. Apparel and footwear are the headline areas, but I have long held the view that it is in performance materials that Coats has a particularly attractive market position, long term. That's why I have hung in for well over a decade.
Anyone who wants more in-depth insights should patiently work through the wealth of information/videos etc that can be accessed via the Coats website.
I see Coats as an innovative, up-to-the-minute, high tech, global manufacturer that really knows its markets and what it is trying to achieve strategically. My partner and each hold several hundred thousand shares. Our current bail out share price is 145 pence. But if the share price hits that level, I might still stay on board for the ride: 200 pence is not an unrealistic expectation within the next decade.

manurere
09/5/2024
20:27
The share price here continues to confound. It is not cheap, 15x P/E and still carries almost $400M debt. Comparisons were mostly negative year over year yet the share price is at 85p! Why does it deserve to trade at 15x when so many FTSE stocks, even blue chips, are at 4 or 5x?
justiceforthemany
08/5/2024
00:56
I am not sure if anyone else is active on this site.
In the event that there is, we now know from a recent disclosure, that a significant institutional investor, abrdn, has recently been buying Coats shares and that its holding has now gone over 5%. We cannot tell from the disclosure how many shares abrdn bought. Given that I had expected the share price to languish around 72p following the last results announcement, the abrdn move is encouraging. In my view, abrdn is a quite savvy institutional investor.

manurere
07/3/2024
21:08
Results a surprise. Pre-results trading had prepared me for another gloomy update. Yesterday's share pice probably gone too far ahead of the results. I'd expect the Sp to retreat back to 72 pence. Slight increase in dividend was welcome, but earnings per share haven't really improved. So, around 72 pence for the next three to six months.
manurere
07/3/2024
18:52
Very nice share price rise today. Finally!
niklol
07/3/2024
12:28
Nice reaction for holders. Looks like they've hit eps forecasts and a positive outlook.
disc0dave46
22/12/2023
05:34
In my view, the latest rise in the share price defies any logical explanation. What particularly surprises me is the strength of the buying. I have reviewed, quickly, all the trades reported over the past three days. Those trades indicate very strong buyer support at 78/79 pence per share. So, I intend to hang in fir the ride.
manurere
21/12/2023
12:09
As soon as I sold out this rose very nicely to 80p...Stock investors should pay me not to buy their holdings!!! lol...
theoriginalwonderstuff
07/12/2023
19:24
Alas, no!
Until the trading figures improve, the share price will stagnate around 72p.

manurere
07/12/2023
15:10
A nice rise after the pension announcement... Might this yet get to 80p??
theoriginalwonderstuff
22/11/2023
14:11
It does not appear to look like a compelling investment ATM and agree - surprised it's not lower down. That may happen next week.
essentialinvestor
22/11/2023
11:23
Awful update.
This should be down 20%+

justiceforthemany
22/11/2023
08:47
The trading statement was in line with my expectations. Although I had, of course, hoped for signs of some improvement.
Coats is, I fear, a price taker rather than a price setter. The observation that performance materials are languishing because clients are sourcing in-house is a tad ominous. The company has sunk a lot of research into this sector and should be reaping the rewards of its high quality products.
So yes, as T..O..W..S notes above: "it's not as bad as it was, but it's still bad!"

manurere
22/11/2023
07:32
Not a particularly strong trading statement... "It's not as bad as it was, but it's still bad"... FFS!!
theoriginalwonderstuff
18/10/2023
14:59
Now looking very cheap but maybe the exec who sold knows something I don't...
theoriginalwonderstuff
04/10/2023
11:08
Bought in last week but wish I hadn't now. Looking cheap/oversold at today's £0.68...
theoriginalwonderstuff
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older

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