Coats Share Discussion Threads

[ram376s] 18/5/2022 14:50

Keep moving COA .GDR possible multibagger .300 nurses to train new test .

[manurere] 18/5/2022 11:00

I am also surprised at how much the share price has jumped in morning trading. I suspect it is starting to get a little bit ahead of the good trading report. The turnover so far has been light and I think the share price will roll back a little as profit takers sell their shares. Unfortunately, I live in a different time zone and will not sit up through the night to watch the afternoon movement.
Looking ahead, the share price may break through the 100 pence mark later this year, but that too would surprise me. A more measured movement would be a consolidation around 90 pence if Coats produces a good set of mid-year figures.
I'd be very happy to be at 90 pence at the end of the year and to look forward to breaking 100 pence some time in 2023.
I remain confident that the share price will be around 145 pence by the end of 2025/early 2026. I also expect the annual dividend to be close to US5 cents by 2026.

[manurere] 18/5/2022 08:30

I am surprised how good the trading update is, given the issues essentialinvestor noted at the end of April. Looking some distance ahead, it is the steady growth in performance materials that bodes well for the future. Coats is a real manufacturing company: it makes useful things other people want to buy. At the moment, the share price is being suppressed by a more negative general environment. I expect that once the clouds blow away, Coats share price will soar.

[our haven] 18/5/2022 07:11

Trading update looks good with increases across the board. The better margins particularly look promising going forward.

[essentialinvestor] 09/5/2022 14:00

Had a few under 66.

[manurere] 30/4/2022 23:34

Always appreciate your insights. China situation is a worry, mitigated, to some extent, by extensive manufacturing elsewhere.

[essentialinvestor] 30/4/2022 15:33

Medium term for me would be 3-4 years ahead.

Short term potential risk factors ..are increasing China lock downs
impacting their manufacturing capacity, have COA seen any weakening in demand since
their very bullish FY outlook statement. Hopefully both will be answered in a
May trading update.

[manurere] 29/4/2022 11:26

I though I was going to have egg on my face for a few weeks. But medium-term, share price trend is indeed up

[uhound] 25/4/2022 15:06

Like a lot of stocks, probably just being marked down due to lack of interest.

Everything being pulled down currently.

[roguetraderuk] 25/4/2022 15:05

def will be behind some of todays weakness. it might react at 63p otherwise looking to that gap. would be v interesting there.

[essentialinvestor] 25/4/2022 14:58

We have sliced through the 68/67 area, at least at the time of this post.


Market may be now focusing to possible production headwinds?, given Coats have
significant manufacturing capacity in China. Bought a small amount.

[essentialinvestor] 21/4/2022 13:35

Dipped very briefly sub 70 pence yesterday afternoon, it was fleeting.

67/68 pence may be an interesting level as a medium term buy.


COA appear to be managing margin well so think it's a case of end demand
and how well that holds up with consumer disposable incomes under pressure.

At twice the size of their nearest competitor they have multiple commercial advantages
but COA is not immune to demand weakness.

[essentialinvestor] 20/4/2022 14:05

60 pence might need either a sharp fall in equity markets and/or
their next trading update to caution on demand or margins.

I misread the move to over 80 pence, expected COA to come back to around 67/8
before another upwards move.

[my retirement fund] 20/4/2022 11:01

60p target ?

[manurere] 20/4/2022 08:19

Nope; the medium term direction is up.

[essentialinvestor] 19/4/2022 14:55

Under 70 pence on the way ?.

[essentialinvestor] 07/4/2022 14:30

I sold out near the current price and then watched to whizz up to over 80 pence!,
not a good call.

[uhound] 24/3/2022 17:13

Nice gain here today.

Been a good stock to own recently! Still looks cheap to me?

[essentialinvestor] 14/3/2022 15:17

Thank you Midas, kept 10%.


Major lock downs in China are unhelpful to production.

[cousin jack] 13/3/2022 11:48

Coats is one of the six “superheroR21; stocks highlighted in the Midas column in the Mail today. It’s not a share I’ve looked at before but clearly it’s supplying the sort of products that will always be needed. I guess the question is how demand for those those may be impacted by cost of living issues. I need to do a bit more research on this.

[essentialinvestor] 07/3/2022 00:32

Sold some post results as mentioned on the SHA board, may be an opportunity
to buy those back lower.

Without the current Russia threat to markets I would have added instead.

[essentialinvestor] 03/3/2022 15:21

Much appreciated.

[roguetraderuk] 03/3/2022 15:05

re wpp 969 is the high of the bar pre gap. that a pivot area and a point traders will buy/cover. if you think there wont be a recession or it will be v mild, then its a buy there. if you feel they may need to alert to some weakness, then you need to see more to the downside first. in such a case 800-900 would be a zone where id feel you are getting value (more than you are paying) relative to its historic ratings.

[essentialinvestor] 03/3/2022 14:57

rogue, the conference call was very interesting fwiw.


And really good call on the WPP SP, that's worth repeating!!.

Tells me the market is growing more cautious on the macro outlook perhaps.

[essentialinvestor] 03/3/2022 14:51

Listened to the call, very positive.

Perhaps some profit taking to be expected short term on today's share price rise?.