Costain Dividends - COST

Costain Dividends - COST

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Costain Group Plc COST London Ordinary Share GB00B64NSP76 ORD 50P
  Price Change Price Change % Stock Price High Price Low Price Open Price Close Price Last Trade
  -1.20 -0.68% 174.40 179.20 174.20 176.00 175.60 16:35:00
more quote information »
Industry Sector

Costain COST Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

mhm2013: Is the share price growth really just due to going ex-dividend tomorrow? It was only 3.9p a share. What am I missing?
cerrito: Thanks for that on the HS2 review, markycrispy. This will be a cloud over the share price for the rest of the year and perhaps beyond given possibility of a new government.
jonwig: The pension scheme deficit looks quite manageable: £4.2m vs £23.9m last time. And they have a recovery plan in place. They mention longevity as a positive factor, but I suspect interest rates will be more important: rising would help, but that's unlikely. I suspect the share price is spooked by Kier Group, and I wonder as well whether huge contracts are the best way forward: so many moving parts, subcontractors, deliver length - all can go wrong. Forward PER is about 6x, 3 brokers go strong buy, 2 go neutral. If I held, I'd stick, but aren't a buyer, as so much can go wrong in the wider scene.
bamboo2: pakenham, I can't see why they would have another update on Tuesday, following the one yesterday. Unless the new CEO is using his strategy statement to play games with the share price? Having said that the chart does suggest a potential turn mid week.
kinwah: Such is the nervousness in the sector,a fairly modest profit warning devastates the COST share price. This must be due to investors thinking as with Kier there is worse to come. Any problem is seen as just the tip of an iceberg. That has to be wrong but it takes a brave investor to try and pick the bargains amongst the corporate carnage.
barnesian: As you say, very weird. It has a stock rank of 98 with Stockopedia and a decent dividend yield. I think (hope!) that the fundamentals will come through eventually in the share price.
bidmsa: Analyst Coverage Updates – Costain Group (LON:COST) Recently stock market analysts have updated their consensus ratings on shares of Costain Group (LON:COST). The latest broker reports which are currently outstanding on Tuesday 15th of November state 3 analysts have a rating of “strong buy”, 0 analysts “buy”, 1 analysts “neutral”;, 0 analysts “sell” and 0 analysts “strong sell”. Most recent broker ratings 02/03/2016 – Costain Group had its “Buy” rating reiterated by analysts at Investec Securities. They now have a GBP 410.00p price target on the stock. 04/02/2016 – Costain Group had its “Equal-weight” rating reiterated by analysts at Barclays. They now have a GBP 4600.00p price target on the stock. Costain Group has a 50 day moving average of 358.76 and a 200 day moving average of 342.46. The stock’s market capitalization is 355.48M, it has a 52-week low of 267.00 and a 52-week high of 390.00. The share price of the company (LON:COST) was down -1.00% during the last trading session, with a high of 353.76 during the day and the volume of Costain Group shares traded was 41503. Costain Group PLC is an engineering solutions provider. The Company offers consulting, project delivery, and operations and maintenance services. The Company operates through two segments: Natural Resources and Infrastructure plus Alcaidesa in Spain. The Infrastructure segment operates in the highways, rail and nuclear markets. The Company’s Natural Resources segment includes the Company’s activities in water, power and oil and gas markets. The Company offers a range of integrated services, including advisory and concept development, specialist design, program management, project delivery, technology integration and asset optimization and support. The Company offers life-cycle services to energy, water and transportation sectors across the United Kingdom. The Company provides a range of highway services, from asset inspection and assessment; scheme development; managing the statutory process; detailed design and construction; commissioning and handover, and maintenance and aftercare.
quepassa: Same share price as December 2008. Five and half years later and still the same share price ALL IMO. DYOR. QP
valedo: I held COST shares for about 15 years and went through all sorts of setbacks and disasters including rights, share consolidation, endless profit warnings. Bad news? You name it and COST will provide it. I sold out a few years ago lucky to be on b/e. And the share price is even lower now than then. One needs only to read back through all the old threads here to find that nothing has improved over about 20 years. Apart from not having the confidence of the city, they always manage to find duff CEO and FDs. Motley Fool today - All of which will leave investors asking questions - do the strong results combined with the decline in share price mean that Costain is a falling knife waiting to be caught? Or does the performance of its shares over the last 12 months put you off? Well, it's up to you whether today's news combined is enough to make the company a buy.
royaloak: I thought this may be of interest, courtesey of part of his report from Paul Scott at Stockpedia, whom I rate very highly. Therefore the current share price of 265p is really a blend of last night's 3 shares held at 319p, less 1 new share at 225p. Averaging that out comes to a price of 295p, so the market pricing it at 264p shows that it's fairly unimpressed with this deal, I would suggest. It could well also be people in the Firm Placing flipping their cheap 225p stock for an instant profit (which can be done by opening up a short CFD today, and then settling it with the new 225p shares when issued). So really the Firm Placing part of this deal is disadvantageous to existing holders, since it's handing free money on a plate to people who took part in the Firm Placing. I wouldn't be very happy about that if I were an existing holder of the stock. Still, once the dust has settled, at least this will fix their Balance Sheet, and is a good example of why personally I always look for Balance Sheet strength - because it avoids this kind of dilutive fundraising. In this case there is at least an Open Offer for existing holders, but what if it had just been a Placing, as is often the case in smaller companies? It would have been a nasty loss for existing holders. The total number of shares will go up from 66.8m to 100.2m after this fundraising. This means that the 44.1p adjusted EPS just reported for 2013 would drop to 29.4p if I've done the maths correctly. Given that the Balance Sheet would now be a lot better post fundraising (although still not amazingly strong by any means), then I think you could value that on a PER of 10 perhaps? So a sensible valuation might be just under 300p going forwards. I can't see any reason to rush into buying the shares, although paradoxically if they weaken further from here, and start to get near the 225p fundraising level, then the risk of the Open Offer failing and the underwriters being forced to take £50m of stock rises. So it's a tricky one. Personally I don't like this sector generally - a lot of companies in this space have gone bust in the past, and generally companies with very large turnover, and thin margins, working on complicated major projects, are high risk investments. If something goes badly wrong with a big contract, the cost over-runs can be ruinous, so I'll probably avoid this sector altogether from now on. - See more at:
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