Coats Share Discussion Threads

[justiceforthemany] 23/12/2022 18:08

Very disappointing drop today. High volume, clearly a fund is reducing. Management need to get a grip.

[my retirement fund] 23/12/2022 10:22

It looks like it, there's been a good rise. Perhaps professionals are crystallising gains by locking in put options for the new year now.

[niklol] 23/12/2022 10:20

Today was a HUGE drop.

[theoriginalwonderstuff] 23/12/2022 09:35

Think this is a share to trade.... Seems to be relatively stable as a business but swings with market vagaries, sentiment, etc.,.

[niklol] 23/12/2022 09:10

Thank you for your response.
So long as that's all it is!

[cravencottage] 23/12/2022 08:57

niklol

The share price is up @40% in a little over 2 months so inevitable profit taking has kicked in unfortunately.

[niklol] 23/12/2022 08:43

Any ideas as to the big share price drop today????

[essentialinvestor] 21/12/2022 01:50

Still a classic!



Clinton Baptiste...I'm getting the word.....!.

[clinton baptiste] 20/12/2022 16:20

Decent news from Nike later today regarding demand could do the trick?

[theoriginalwonderstuff] 13/12/2022 12:56

Will this ever break 70p??

[essentialinvestor] 06/12/2022 14:28

Sold my last lot at 68.88 pence on the last update, hopefully get a few back on a bad day.

Positive news.

[my retirement fund] 06/12/2022 12:51

quality comapny

[our haven] 06/12/2022 09:36

The buy in for the pension scheme is is another big step towards fully insuring the scheme and great for the balance sheet. Liabilities significantly down and freeing up of cash flow, all good news.

[essentialinvestor] 12/11/2022 20:56

All in the CMS presentation I linked in an earlier post.

[simon gordon] 12/11/2022 20:01

Liontrust Growth Fund October update - 9/11/22:

Coats Group (+20%) moved higher as investors reacted positively to a Capital Markets Day focused on the company’s footwear division. Coats has expanded the scale of its footwear unit significantly recently with the acquisitions of US businesses Texon and Rhenoflex. It has now issued medium-term sales growth guidance of 7% to 8% per annum for footwear, with an operating profit margin target of over 20%. This higher forecast for the division has shifted up the overall group’s medium-term targets (inclusive of its apparel and performance materials divisions) from 5% to 6% sales growth per annum, with an operating margin target of 17%.

Coats also reiterated the message, already conveyed within interim results, that it has been able to offset cost inflation through price increases and internal efficiency measures.

Pricing power has long been one of the most valued characteristics we look for in the Economic Advantage investment process, stemming in our view from the barriers to competition provided by companies’ intangible and difficult-to-replicate assets.

[essentialinvestor] 26/10/2022 12:30

Oh dear, my sells from earlier this week looking a tad cheap!.

[disc0dave45] 26/10/2022 12:23

Does seem to be gaining a bit of momentum, although I expect a pullback at some point possibly around the recent placing price or the SMA200.

[essentialinvestor] 25/10/2022 14:15

Only got 9k left now.

Hoping to add those back lower, but plans can fall through as so often they do.

[essentialinvestor] 17/10/2022 12:22

On the move again, giddy up.

[roguetraderuk] 14/10/2022 09:07

disc, we all get things wrong especially me, often on an hourly basis, so no worries.

[disc0dave45] 14/10/2022 08:54

rogueI owe you an apology, when I checked the share count I used the data from stockopedia, which excluded the recent 145m equity fund raise, so yes +10%.

[essentialinvestor] 14/10/2022 08:44

Lots getting cheaper atm and cheap does not always equate to value!.

I would hope we are nearer the end of this bear market than the beginning,
best guess is we are within a month or two of lows - but let's see.
A substantive positive development on Russia/Ukraine would alter everything in an instant.

[roguetraderuk] 14/10/2022 08:36

its a decent company it will bottom with the mkt thats how i see it. i expect further although not massive new lows on the spx, so i think they may yet fill the gap below 50p. in others worth worth holding a position but imo not time yet to go overboard.