Coats Share Discussion Threads

[nicholasblake] 07/11/2019 03:13

Not a huge proportion.

[essentialinvestor] 05/11/2019 09:10

It's not a case of profitability in that region, it's where
the production is ..?

If their raw material is slapped with tariffs etc.

[nicholasblake] 13/8/2019 07:45

Yes I have. Expect the Trump Chinese spat is a roadblock, although Coats doesn't make that much profit in China.

[essentialinvestor] 13/8/2019 06:28

It's an interesting company, however don't see much catalyst (outside a bid)
to drive the share price forward from these levels.

The share price has trebled from 2016, so some have done very nicely here.

[justiceforthemany] 12/8/2019 21:44

1Bn total liabilities with negative equity if you exclude intangibles/goodwill so high debt:equity ratio as you say. Pity as otherwise worth a look.

[essentialinvestor] 01/8/2019 12:45

Solid enough results, however over $200 of net debt with a chunky pension deficit.

[johnrxx99] 25/6/2019 06:02

I think the overall story is strong but in view of the current political turbulence, anything can happen. Certainly a stock to take on long view.

[manurere] 20/6/2019 10:00

I hope everyone reading this thread is remaining patient. Coats share price has withstood some turbulence in recent weeks. But all the long term indicators are very positive. The trading results released in late May were fundamentally strong. It's just a matter of being patient. The rewards will come.

[manurere] 25/4/2019 21:31

It's nice to see some movement, but serious investors need to be patient. It will be a long haul before the share price reflects the great manufacturing story that is Coats. I remain convinced that by March/April, 2022, the share price will be around 150 pence. Fluctuations around 90 pence are just distractions. Substantial share price movement will come when improved earnings flow from all the smart investments the Coats team has made in recent years.

[turbocharge] 24/4/2019 09:04

On the move

[turbocharge] 18/4/2019 13:28

Technical Signals:

BUY 19
Neutral 8
Sell 1

[turbocharge] 18/4/2019 13:05

Back on the uptrend

[essentialinvestor] 11/3/2019 14:06

Had a small amount, I think nearer 70 pence is value, provided there is no adverse news. Just my take
so please don't shout.

[turbocharge] 05/3/2019 12:34

Making good progress, including some large buys just now:

12:09:35 1,062,490 @ 87.55 (87.4 / 87.6) BUY
12:09:15 1,200,000 @ 87.55 (87.4 / 87.6) BUY
12:09:02 2,400,000 @ 87.55 (87.4 / 87.6) BUY

[manurere] 04/3/2019 22:10

Turbo, Tomorrow might not be a repeat of today. Brokers are very cautious. But the patient investor will be most definitely rewarded within the next 36 months. The underlying manufacturing story is very sound. I expect Coats shares to hit 150 pence (approx $US2) within three years of today; the next three sets of annual results will be very positive. Dividends will also rise steadily. These projections do not include the impact of a slow devaluation of the British Pound following the ridiculous decision to leave the EU.

[turbocharge] 04/3/2019 16:27

Let's hope tomorrow is a repeat of today... :)

[turbocharge] 04/3/2019 09:59

Seems to be motoring along nicely...

[essentialinvestor] 04/3/2019 08:18

Turbo, I don't see much in those results to propel the share price much higher?.
My target price was 90 pence and that was also my average sell price.
91.5 was available last Tuesday and I should have taken that.
Agree longer term it's an interesting company. All just imv.

[turbocharge] 02/3/2019 18:19

Coats Group wears costs of reorganisation

The rewards of Coats Group’s (COA) ‘Connecting for Growth’ efficiency programme continue to rise, delivering $15m (£11.3m) in net savings over the full-year, ahead of an initial $5m target that was raised to $10m by management in July 2018.

The industrial thread manufacturer has lifted its target and aims for $23m in savings when the programme concludes in 2020, after reinvestments, according to chief executive Rajiv Sharma. The costs of the programme aren’t insignificant, however. It effectively amounted to a redundancy programme in 2018, with severance costs of $20.5m for laid-off staff making up the bulk of its total $22.8m expenditure, which has been treated as exceptional.

Analysts at Peel Hunt forecast 2019 full-year pre-tax profits and earnings per share of $190m and 8¢ respectively, against prior year figures of $181m and 7.7¢.

By Alex Janiaud, Investorrs Chronicle, 1 Mar 2019

[manurere] 01/3/2019 08:30

While initial market reaction to annual results has been negative, the underlying story looks very positive. I am in this share for the very long term. Small increase in dividend a positive. Still believe share worth well over $US2.00

[turbocharge] 28/2/2019 10:40

Wrong thread

[nicholasblake] 28/2/2019 10:37

Not sure it's much beyond routine.

[from8to800] 28/2/2019 10:22

Pretty massive chunks flying around. Buys? Sells? Any thoughts?

[turbocharge] 28/2/2019 09:23

RNS Number: 3144R, 27 February 2019

BLOCK LISTING APPLICATION

Coats Group plc announces that an application has been made to the FCA and the London Stock Exchange ("LSE") for the listing of 22,753,392 ordinary shares of 5 pence each in the Company ("Ordinary Shares") to trade on the LSE and to be admitted to the FCA's Official List. All of these Ordinary Shares are being reserved under extensions to an existing block listing and will be issued as a result of the exercise of share options pursuant to the following scheme:

Amount Scheme
22,753,392 Coats Long Term Incentive Plan ("LTIP")

It is expected that admission of these Ordinary Shares will become effective on 1 March 2019. These shares, which will rank pari passu with the existing Ordinary Shares in issue, will be allotted from time to time in accordance with the exercise of options under the Coats Group plc LTIP.