Thag / HamhamhamPlease can you share the RNS or comms?Thanks |
As investors we are left in limbo. Company could be trading ahead, in line, we just don't know. At my mental 10% stop loss level so difficult one. . |
Ahh rRenew Holdings RNS, Found the RNS now :) |
God awful communication from the company with zero updates definitely doesn't help investor confidence |
I took the opportunity to top up today.
Rimau - do you have a news link re your statements about delays? |
Thanks rimau. Down on increased volume too |
Renew profits warning based on rail project delays |
We must be in for a trading update soon last year was 10th January |
Sinking this morning. What the hell? |
One day this share might go up, performance has been poor against similar companies and against the market but I am hopeful that someone (please) will bid at this level. If another company bids say £325m they would get £160m back on their balance sheet immediately so in effect they are paying £165m for a company that makes £35m a year so in 5 years they will be quids in. I know this is just a hope but why is this company such a poor performer. |
I would like to think so but doubt it information is important to shareholders, the company doesn’t need to go into a lot of detail just little bits of info it gives reassurance that all is going as previously indicated why is share price down 15% compared to other stocks like Kier or Galliford that gives shareholders doubts about the future hopefully I’m wrong |
A positive update from Kier might just encourage Costain to do similar soon. |
Now down 14.5% since 6th Jan |
Now down 14.5% since 6th Jan |
I’ve been asking that for some time perhaps Kier can bid for costain after their update suggested possible bids that’s probably the best hope for this share information to shareholders is vital for good companies |
Where's the update? |
Bloomberg
Exclusive
UK Poised to Back Heathrow Airport Expansion in Push for Growth
Keir Starmer’s government is preparing to approve controversial expansions to three London airports — Heathrow, Gatwick and Luton — to spur economic growth. |
Since 6th Jan Galliford up slightly following trading update Morgan Sindall down 4% Kier down 9% Costain down 13% (interesting) |
Worth a trade here, tight stop |
Sun1950
Bloomberg
10-Year Yields Hit Highest Since 2008 as Bond Rout Deepens.
Costain's PF's substantial exposure to LDI was supposed to reduce the volatility of its Surplus/Deficit. Ever since Truss gave a real world example of what could go wrong there has been a rush to sell the equities of companies with large LDI exposures in their PF's when Gilt yields headed for recent highs. |
Last year
Costain Group PLC
10 January 2024
Costain AMP8 Framework Agreement with Northumbrian Water Group and Trading Update
Appointment adds to Costain's wins in the new water regulatory cycle.
I can't see any Trading Update in Jan 2023.
We certainly aren't overwhelmed by company communications. |