Coats Share Discussion Threads

[essentialinvestor] 09/2/2022 11:27

Market gets to decide the daily share price rather than me! - provided headwinds are not more pronounced than consensus (expects) as mentioned in my previous post, then COA
looks value. Wider equity market levels also a factor obvs.

[our haven] 08/2/2022 17:41

I am holding with the results on the 3rd March, hopefully your views will be correct.

[our haven] 08/2/2022 17:38

Thanks for your views EI

[essentialinvestor] 08/2/2022 11:06

OH, mainly valuation. Under 12x FY 2022 current consensus.

Yes there are short term headwinds as flagged up previously - cost inflation
and China lockdowns currently weighing on the share price

Obviously the risk is these headwinds are more significant than allowed for in earnings
estimates for full year 2022.

I am cautious on equity markets atm, as much looks fully valued.

[manurere] 08/2/2022 06:53

Be patient. The results for 2021 will be released in early March. The indications are that they will be vey positive. This is an excellent manufacturing stock. Just hang in.

[our haven] 07/2/2022 22:25

EI, what is your thinking behind adding? I am happy to hold presently, but cannot see much to move the price up or down.

[essentialinvestor] 07/2/2022 18:35

Added today.

[skyship] 31/1/2022 16:24

EI - replied on the CAPC thread

[essentialinvestor] 31/1/2022 15:06

Hi SKY, hope all is well.

off topic - if you have any thoughts on Capco would appreciate a view on that bb,
thanks.

[skyship] 31/1/2022 09:04

Well, those concerns are well-known; but seem not to have bothered the Chairman & CFO who in December invested £200k & £50k respectively. At the time the shares were down at this level; then had a good end year rally up to 73p.

I want to hold cash (currently at 30%), nevertheless decided to buy a small allocation at 65.3p.

[essentialinvestor] 14/1/2022 08:04

China lockdowns and omicron related absences potentially hitting production capacity and supplies. ?.
Multiple sectors potentially impacted if this continues.

[undervaluedassets] 24/12/2021 10:15

All my stocks that had fallen on no news (mostly on Aim ..which has taken a pounding) are now gently going up on no news. This kind of makes sense to me.

Certainly a great company and not that expensive either.

Interims here were stella and directors have stuck their hands in their pockets lately as well and bought shares.

[essentialinvestor] 07/12/2021 14:46

It's a beaut )

[our haven] 07/12/2021 14:41

Very much looking Northwards now.Happy days:-)

[essentialinvestor] 25/11/2021 17:39

This is the key part from the trading update:

"..market share gains and customer wins have continued, despite recent lockdown impacts in Vietnam which have now subsided..."


So they are taking market share. In a nutshell COA growing stronger re competitors.




justice, I hold 80,000 shares fwiw.

[justiceforthemany] 25/11/2021 15:09

No RNS though?

[essentialinvestor] 25/11/2021 13:53

Added this morning, around 77 pence by the FY report?.

That area looks about right to me. Future looks exciting for Coa.

[essentialinvestor] 25/11/2021 11:33

Added this morning, wife of the CEO buying a large ISH chunk.


You don't recommend shares to the better half unless very sure imv,
certainly works that way for me.

[essentialinvestor] 23/11/2021 15:01

justice, know COA pretty well.

Keep in mind the pension deficit, but that is now coming down.

Added a few today fwiw.


Just a pity about the labour shortages stateside.

So much for ..automation is going to take all the jobs!.

[justiceforthemany] 23/11/2021 14:52

Revenues up vs 2019
Above 200 day MA
M&A candidate

[american idiot] 23/11/2021 07:44

Excellent trade update. Good organic growth and managing inflationary pressures very well.

6% organic growth vs 2019, despite Covid disruption in Vietnam
during the period, which has now subsided

· Pricing and productivity actions continue to offset inflationary
pressures

· Performance for the year anticipated to be in line with Group
expectations



July to October Revenue vs 2020 July to October Revenue vs 2019
Organic(2) Organic(3)
Group 22% 6%
Apparel & Footwear 25% 5%
Performance Materials 17% 8%

[our haven] 23/11/2021 07:29

All on target to meet expectations, which is good after the weaker start to the year.Deserves a positive day but where were the market expectations?