Share Name Share Symbol Market Type Share ISIN Share Description
Coats Group Plc LSE:COA London Ordinary Share GB00B4YZN328 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 66.10 322,467 12:56:13
Bid Price Offer Price High Price Low Price Open Price
66.00 66.20 67.00 65.80 67.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 850.86 58.22 1.32 50.3 960
Last Trade Time Trade Type Trade Size Trade Price Currency
13:01:05 O 474 66.052 GBX

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Date Time Title Posts
26/10/202115:36Coats Threads520
30/7/201819:29Coats (COA) One to Watch on Tuesday -
30/1/201713:02BAKE OFF / SEWING BEE / Kirstie homemade home2

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Coats Daily Update: Coats Group Plc is listed in the General Industrials sector of the London Stock Exchange with ticker COA. The last closing price for Coats was 66.10p.
Coats Group Plc has a 4 week average price of 64p and a 12 week average price of 64p.
The 1 year high share price is 79.90p while the 1 year low share price is currently 53.90p.
There are currently 1,452,570,385 shares in issue and the average daily traded volume is 1,645,212 shares. The market capitalisation of Coats Group Plc is £960,149,024.49.
essentialinvestor: Nick, would guess with COA it's logistics, labour and product costs which may be the current challenges. They referenced offsetting cost increases with productivity improvements on the H1 statement, so the market may want further clarity on trends since the last update.
scooper72: Thanks for the responses EI and Sky. Have decided to just stay put for now. Partly because of the possible fair value at this price. I think a lot of companies with exposure to China will have problems in the months or year ahead, but imagine people will find solutions to keep economies going in this technological age we are living in, even if that does mean a bit of inflation in prices while we wait for tech to catch up or solve current problems and do it's deflationary magic
essentialinvestor: Cost inflation may be what the market is focussed on and yes agree this is worth watching. COA were experiencing labour shortages in one of their US divisions as highlighted previously. They also rely on China for as a manufacturing hub and costs there are increasing quickly.
philanderer: Coats is mispriced, says Berenberg Coats (COA), the world’s largest manufacturer of sewing thread and supplies, remains a ‘mispriced equity’, says Berenberg. Analyst Anthony Plom reiterated his ‘buy’ recommendation and increased the target price from 80p to 85p on the stock, which closed up 0.9%, or 0.6p, at 71.5p on Thursday. ‘Recent trading shows a V-shaped recovery, earnings per share momentum is strong, margins are trending back to the mid-teens, and there is a very credible sustainability story emerging,’ he said. The stock trades at a ‘significant discount to peers’ on a 14x 2022 price/earnings ratio and free cashflow yield of 4.7%. ‘We believe both the rating and earnings can move higher, so investors should not be deterred by the recent share price run,’ said Plom. HTTPS://citywire.co.uk/funds-insider/news/expert-view-bt-rolls-royce-domino-s-coats-and-serco/a1539006?section=funds-insider&_ga=2.218585627.30129407.1628241376-1072266076.1628241376#i=5
undervaluedassets: Well I do not think anyone expected that.. Revenues and cash generation beat 2020 (of course given pandemic) but more interestingly bested those of 2019. The median share price in 2019 was 85p. To my mind 100p looks fairly rational target given results modestly bested those of 2019. The company is the world leader in thread manufacture and is sounding confident. pays a divi too.
american idiot: From yesterdays results... Shares of industrial thread manufacturer rise as much as 3.09% to 69.9p, highest since Jan. 6 * Stock is biggest pct gainer on U.K. mid-cap index * Co says HY group sales rose 36.5% to $732 mln, for six months to June 30 * H1 adj. operating profit to be ~$95 mln vs $34 mln a year earlier - COA * Says strong performance and demand recovery have continued, despite recent lockdown impacts in India... * Performance for FY 2021 is now anticipated to be moderately ahead of our previous expectations - COA * Peel Hunt raises COA PT to 85p from 80p * "COA will emerge from the pandemic with an accelerating sales performance driven by digitisation, new product development and sustainability" - Peel Hunt .............. Coats are clearly performing very very well...
manurere: While movement is not great, there seems to be quite a lot of buyers at around 68 pence. I subscribe to analysts who provide a very detailed breakdown of global shares. They assess the value of Coats at around 145 pence; that's well above most broker forecasts. But brokers are picking short-term price movements; they are not assessing fair value. As a very deliberate, long-term investor in Coats, my principal concern is the prospect of a low ball offer. If some smart buyer comes in with a bid of around 88 pence--a 30+% margin over the current price--then there will be heaps of shareholders who will happily take the money and run. The buyer will walk away with a medium term gold mine, while investors like myself will feel cheated. The key to this company in the medium term is the performance of its industrial division. Technologically advanced threads that can be used in PPE, cable casings, high performance sportswear, etc. Thats where the medium- long term money is. And that's where Coats seems to be light years ahead of the pack. There will be ups and downs along the way. But a share price around 145 to 150 pence and dividends around 7 to 8 US cents a year. That's where this company is probably heading.
scooper72: Interims 3rd August. Deciding to hang around until then and see what the progress is. Not a lot of momentum in the share price at the moment. One of these holdings where one requires a lot of patience.
manurere: I've held Coats shares for a long time and just watched as the price has gone up (to over 90p) and down (to under 40p) and, now, up again. Mine is quite a large retail holding. I remain convinced that, over time, Coats will prove to be a most worthwhile investment. The reasons have been canvased by some other contributors. First, Coat has done a magnificent job transitioning from its traditional "knitting" to industrial threads; second, it has modernised its factories; third, it has made very smart, strategic, acquisitions; fourth, it has developed and is using cutting edge technology to meet customers' demands and to respond promptly to consumers' orders; fifth, it has cleared the 'pension' monkey off its back; and sixth, it has appointed smart people to its Board and executive team. All of the above have been reported in annual reports and various presentations to brokers and others. I anticipate that dividends will resume in 2021. Once that happens, Coats will again attract interest from investors looking for income. I further anticipate that dividends will be steadily increased over the next few years, thus attracting even more interest. Thus despite the Covid 19 hiccup, my target remains 145 pence. And I still believe that the share price will get to that level surprisingly quickly, perhaps within two years; certainly within the next five.
turbocharge: Carrying on with the one man/woman show - can't complain though, COA share price is slowly but steadily moving towards the target price 96.00 - 99.00 suggested by the Bottom Triangle/Bottom Wedge generated on 31 Dec 2018. 16 out of 17 moving averages on the chart I'm looking are buy signal, with 1 signal being neutral. Just had a quick look at the Coats Group website, seem to be recruiting - loads of vacancies, which I think is a good sign. The www.britishbulls.com website suggests this for COA: "the bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG." All in all looking solid and good to buy and hold in my opinion.
Coats share price data is direct from the London Stock Exchange
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