Coats Share Discussion Threads

[qs99] 23/5/2017 09:37

and blue again

[qs99] 22/5/2017 11:38

moving ahead nicely, slowly and surely IMO

[qs99] 22/5/2017 09:50

Looks like confident break through 70p level IMO...I still reckon there will be further upgrades this year having upgraded so early on....IMO and DYOR!

[qs99] 22/5/2017 08:44

nice move through 70p....next stop for me to review things £1....GLA and DYOR

[qs99] 19/5/2017 10:42

still reckon this has much further to go given a 5 month in upgrade....their previous RNS (DYOR) talked of H2 weighting, so for them to upgrade in H1 suggests IMO that they are very confident of full year, hence my comment about potential further upgrades....DYOR and gla

[qs99] 19/5/2017 10:23

nice moves up

[qs99] 18/5/2017 09:18

to update ahead of expectations this early in year, IMO leaves room for further upgrades later in year and have bought accordingly....GLA!

[qs99] 17/5/2017 08:51

nice update, should IMO start moving this towards £1 GLA

[ayl30] 17/5/2017 07:19

I bought more a few days ago, now significant part of my p/f.

[miti 1000] 17/5/2017 07:16

Yep, great trading statement .

[ayl30] 17/5/2017 07:14

'Ahead' that's what I like to hear! Good turnaround in place here

[ayl30] 26/4/2017 12:23

Slowly creeping up, more for me today

[qs99] 05/4/2017 10:05

don't quite get the rise, I can only see downgrades on my stock a/c from brokers? Am I missing something? Cheers

[supasapi] 04/4/2017 18:01

yeah good question Lauders..... dunno .... maybe I should sell some tomorrow just to be on safe side....

[lauders] 04/4/2017 16:00

Nice move today. Will it continue tomorrow and after though? That is the big question. Would be nice if there were a reason for the move today that becomes apparent soon too ;-)

[ayl30] 04/4/2017 09:40

At last over 60p

[mmochtar] 21/3/2017 08:57

I wonder if brexit trigger will have an effect. Even though this is a UK company, majority of its revenue is from outside UK. Or do you think it is priced in already?

[lauders] 21/3/2017 08:39

Yes. Hopefully it will come good one of these days supasapi! For now I am slightly down on by entry price.

[supasapi] 21/3/2017 08:29

still in Lauders?

[supasapi] 03/3/2017 13:08

Yes you're right Lauders....patience is a virtue

[mmochtar] 03/3/2017 09:00

And don't forget that they said during the update call that they are looking for other good acquisitions. Once M&A is announced, the share prices will surely go up. It may even hit 100p by the end of year. Hopefully.

[lauders] 03/3/2017 01:38

Give it a little time supasapi! Perhaps a few tips will appear soon & then don't forget the dividend news:

Dividend

Coats has a track record of delivering good levels of free cash through profitable sales growth, delivering self-help initiatives and investing in organic growth opportunities. The Board aims to use this free cash flow to appropriately fund its pension schemes, self-finance bolt-on acquisitions, and make returns to shareholders. Over time, and as underlying earnings and cash flows increase, the Board intends to pursue a progressive dividend policy.

Following the pensions settlement agreement with the Trustees of the UK Coats and the Brunel pension schemes and the cessation of regulatory action by the UK Pensions Regulator (TPR) related to those schemes, the Board has decided to commence the payment of ordinary dividends. The Board proposes to pay an ordinary final dividend of 0.84 US cents per share, subject to shareholder approval, on 30 May (payment date) to shareholders on the register on 5 May (record date), with an ex-dividend date of 4 May.

If the pensions settlement had been in place throughout the financial year an interim dividend of 0.41 c would have also been paid during 2016. Therefore, the pro-forma full year dividend of 1.25 c per share represents dividend earnings cover (on an adjusted EPS basis) of 3.9x times and cash cover, post pensions recurring deficit contribution payments, of 2.6x.

The ordinary final dividend will be paid in cash, in Sterling, converted at the closing exchange rates on 10 May. Shareholders will also have the option to have the dividend paid in either US dollars, Australian dollars, or New Zealand dollars. Details of these options will be sent to shareholders during March 2017 and elections for alternative payment to Sterling must be received by 8 May. If no response is received, the default payment currency of the dividend will be Sterling.

[supasapi] 02/3/2017 19:09

yeah so how come this is still lower than pre results..... can't peeps see the value and growth here

[mmochtar] 02/3/2017 17:11

The 200k Director is the CEO and the 100k Director is the Chairman. Looks positive.

[miti 1000] 02/3/2017 12:47

And another director buy , 100k at 56.5.