Coats Share Discussion Threads

[skyship] 22/3/2021 13:36

The 60p support has held well; so perhaps we might break through the downtrend and once again challenge into the 70s...


free stock charts from uk.advfn.com

[manurere] 08/3/2021 07:30

I am writing before UK market opens on 8 March. I was pretty pleased with result and dividend and surprised at sell off by those who clearly were expecting more. I am very impressed with the continued flow of new industrial yarns, especially given Covid disruption. Coats is poised to completely dominate that market.
My partner and I each own quite large retail holdings and won't buy more in order to stay better diversified. But if I were younger and more of a cherry picker, I'd be climbing in boots and all at Friday's price. Seriously oversold.
We certainly won't be selling anytime soon. Indeed, I suspect that my kids will eventually inherit these shares because, in my view, Coats has nothing but upside.
Will be very interested in market moves this week.

[our haven] 04/3/2021 15:59

IMO overdone but we will see.

[skyship] 04/3/2021 15:57

Hmm - is now!

[clinton baptiste] 04/3/2021 10:58

I found them underwhelming and I'm surprised the share price isn't off by more

[our haven] 04/3/2021 08:21

Results look well received by the market.

[essentialinvestor] 04/3/2021 08:00

It looks like the recovery in revenues has been relatively swift
and continued market share gains highlighted:


"...Improving sales momentum with Group organic sales exit rate
down 5% for November and December (versus down 26% H1 2020
and down 15% four months to October 2020), following the impact
of Covid earlier in the year.
-- Continued share gains in Apparel & Footwear and customer wins
in Performance Materials as customers' priorities pivot to
reliability, speed and flexibility during Covid..."

[essentialinvestor] 04/3/2021 07:31

"...we are encouraged by our improved trading performance towards the end of last year as well as in the first two months of this year, and the Board expects to see continued recovery through 2021."

[skyship] 04/3/2021 07:09

$111m operating profit v. Nov'20 f/c as below:

"As a result of the improving trading performance seen in the period, we anticipate Group adjusted operating profit for 2020 to be ahead of market expectations and in the range of $100 - 110 million."

[essentialinvestor] 03/3/2021 14:36

FY tomorrow,

had a few on yesterday's dip.

[skyship] 03/3/2021 09:43

Sp firming ahead of tomorrow's Finals:


free stock charts from uk.advfn.com

[essentialinvestor] 16/2/2021 14:44

Hopefully higher

on the March FY results.

[essentialinvestor] 09/2/2021 12:10

)). Lovely.

[our haven] 09/2/2021 12:06

Promising rise this morning. If it maintains this level, could be very interesting for further northerly movement in the coming days.

[essentialinvestor] 19/1/2021 10:54

Yup and on that note bought a small amount for the other half.

[prunk] 19/1/2021 10:47

Its should be on 70s mark....

[essentialinvestor] 15/1/2021 10:37

Added, stromg bounce from this level previously.

[essentialinvestor] 14/1/2021 11:08

Due a better day?.

[essentialinvestor] 07/1/2021 09:41

COA rather overlooked of late with wider market excitement.


May be an opportunity with results in early March.

[johnrxx99] 24/12/2020 08:17

Was a tip in the annual 2021 Nap of Momentum Investor.

[our haven] 08/12/2020 12:53

I thought that it was a buy when I saw it, hence mentioning the price but was showing as a sale. As you say EssentialInvestor, we will have to wait and see. Price is certainly reacting more as if it was a buy.

[essentialinvestor] 08/12/2020 12:14

Likely a buy would think.

See if we get a holding announcement.

[our haven] 08/12/2020 08:44

Quite impressive 5.6 million odd trade at 69p showing as a sale. Yet it seems to have done nothing to the price as I speak. Could be an interesting day ahead.

[our haven] 03/12/2020 11:32

Topped up yesterday as I can see the upside from here

[simon gordon] 02/12/2020 11:44

Hi Manurer,

Thank you for sharing your synopsis.

I've been reading the H1 presentation and I'm impressed. Excellent strategy with good growth prospects.