Share Name Share Symbol Market Type Share ISIN Share Description
Coats Group LSE:COA London Ordinary Share GB00B4YZN328 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 75.20p 74.60p 74.90p - - - 0 06:31:56
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 1,180.1 99.2 3.5 22.7 1,061.71

Coats Group Share Discussion Threads

Showing 251 to 275 of 275 messages
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DateSubjectAuthorDiscuss
07/8/2017
06:56
con, post 20, Entaco now have potential to increase sales from $3ml month to $9ml,month but need the cash for machine's to do it, coat's should run the slide rule over them?
mike24
01/8/2017
17:39
Market seems unperturbed by it anyways.
grabster
01/8/2017
11:41
Can anyone shed any light into exactly what this means? Confused.
sirgainalot
01/8/2017
10:50
Looks to me that it relates to one actuarial person/firm. Doubt it impacts Coats at all directly.
trier1
01/8/2017
07:41
Seems to relate to one individual?? Or do they mean to one company within what was the Guinness Peat group?
grabster
01/8/2017
07:40
Ayl30 I don't think this has anything to do with the pension regulator. This is the Financial Reporting Council which opened a case against a former employee of Coats last July. This case was never closed and has been extended today back to 2002.
neg
01/8/2017
07:26
Shocker this am with pensions regulator reopening investigation, what's this all about?
ayl30
31/7/2017
09:44
COATS GROUP INTERIMS WEAVE MOSTLY ENCOURAGING PICTURE Oliver Haill Sharecast | 31 Jul, 2017 09:29 - Updated: 09:29 In its first set of results since weaving its way back the FTSE 350, industrial threads and yarns maker Coats Group reported 38% growth in earnings and hiked its dividend 7%. Coats, which was founded in Paisley in the 18th century before becoming a founding member of the FT 30 index in 1935 and was once the third largest company in the world, posted interim results showing $740m of sales, up 4% year-on-year or 5% at constant exchange rates as solid growth from the industrial division more than offset a decline at the much smaller US-focused crafts business. Growth remained strong in Europe and Asia, with a return to growth in the US consumer durables markets, the 7% growth in the industrial division same from 5% growth from market share gains at apparel and footwear, and 18% from performance materials' geographic expansion plus bolt-on acquisitions. Crafts sales declined 8%, largely due to the disruption caused by the tornado strike at the main Crafts distribution centre in Georgia, USA in January. Boosted by acquisitions, adjusted operating profit increased 14% to $89m, with industrial adjusted operating profit increasing 11% as margins widened by 50 basis points to 13.6% due to volume growth, productivity and procurement improvements, and continued cost control which more than offset continued pricing pressure and structural inflation in the markets in which we operate. Adjusted earnings per share surged 38% to 3.06 cents, with an extra benefit from a reduction in the effective tax rate and mark-to-market foreign exchange gains. At the underlying level EPS grew 19%. After generating $109m adjusted free cash flow in the last 12 months but with second half capital expenditure to increase to $30-40m to represent a full year spend of $50-60m, the board declared an interim dividend of 0.44 US cents per share, up 7%. Coats, which as Coats Limited became a subsidiary of the Guinness Peat Group in 2004 and was taken private in 2005 before being re-floated in London as Coats Group in 2015, made onto the FTSE 250 index in June's index reshuffle. Despite inconsistent levels of demand from clothing retailers and continued weakness of the North American market, chief executive Rajiv Sharma said the year was going well as the company continued to increase market share in the apparel and footwear segment, which he attributed to a "customer-led approach to innovation, digital solutions and corporate social responsibility". "We continue to leverage our global footprint and customer base in our Performance Materials business, develop new product solutions for our customers, and see a good contribution from our Gotex business which was acquired in 2016." He said strong cash generation was allowing it to pay a dividend and still increase investment in the existing asset base in the second half of the year. "We will look to build on the strong first half of the year, and expect to deliver performance in line with management's expectations for the full year. This is expected to be achieved through our initiatives to deliver market share gains and productivity improvements, maintaining a tight control of our cost base, whilst investing in our growth opportunities." Monday saw Coats shares, which have more than tripled since the start of last year, retreated a touch from recent highs, sitting down 1.5% at 77.8p.
grabster
31/7/2017
08:19
this market is saying that it is up with events now IMO. I genuinely thought such an early in year upgrade would be followed up by another one, looks like that was wrong so maybe trading has toughened up to stop that happening? Either way Mr Market now taking profits me thinks... GLA and DYOR
qs99
31/7/2017
07:56
Well if you wanted to be picky revenue is below forecasts and much of the increase in EPS is from non trading items (FX, tax and reduction in pension finance charge). Let's see what Mr Market makes of it.
glaws2
31/7/2017
07:44
agree. over 80 today
jambam
31/7/2017
07:18
Reads fine to me, all on track, all the pointers in the right direction, good management, divi up. What's not to like?
ayl30
31/7/2017
07:07
decent update IMO....in line, was hoping for another "head of" personally given the earlier upgrade, let's see how market takes it....
qs99
28/7/2017
15:26
As per post 233, I have upped my stake on this one. Even if it slips back beneath 78p in the final hour today, I feel confident in it breaking out higher next week.
grabster
28/7/2017
14:47
Hi there miti, well done you mate! I sense another upgrade could be in the offing judging on early year upgrade....DYOR etc, but yes been a good earner and have a decent chunk still in here....GLA for Monday!
qs99
28/7/2017
14:45
Nice to see you are still long QS99 .This has been a beauty for you and me from 30p. I've sold out of most of mine from 65-75p .Still have a few hundred k left. Results on Monday.
miti 1000
28/7/2017
14:41
and some more
qs99
28/7/2017
12:29
looking good to break 80p next week IMO
qs99
24/7/2017
14:51
wonder why the sell off today?
qs99
21/7/2017
10:12
I have a small holding in these - less than 2% of my portfolio. Might add today. Will definitely do so if it looks like closing in a breakout above 78p
grabster
19/7/2017
15:38
cant be long until the July Ints?
qs99
30/6/2017
13:05
topped up ahead of July next update judging from last year? DYOR
qs99
26/6/2017
08:22
This was anticipated and it was interesting to note directors buying the shares at around 57p earlier in the year which prompted me to buy. Also an article in Stockopedia highlighted the continuing attractions. Looking ahead the company will benefit from the lifting of uncertainty coupled with an increase in free cash flow which will enhance payment of dividends.
blackholer48
26/6/2017
07:15
Good news re pension settlement. Should enable company reflect more stable base after removal of pension concern
ayl30
18/6/2017
20:28
SUNDAY TELEGRAPH The long-running dispute regarding thread maker Coats and concerns over there not being enough money to fund three pension schemes has hung like a cloud over the firm, says James Ashton in this week's Questor column for the Sunday Telegraph. After a £255m agreement last December, only one now remains to be settled and the company is now back in charge of its own destiny, according to Ashton. Coats' shares have now advanced 33 per cent in the last year, it's about to enter the FTSE 250 and analysts at UBS forecast a compound annual growth rate of 2.5 per cent. After the May trading update, house broker Peel Hunt upped its annual forecasts to $156m (£122m) this year and the shares trade at 12 times next year's forecast earnings. Read more: HTTP://www.thisismoney.co.uk/money/investing/article-4615272/SUNDAY-NEWSPAPER-SHARE-TIPS.html#ixzz4kNrNjg57
philanderer
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