Costain Share Discussion Threads

[rlivsey] 19/10/2018 11:31

No one posts on this board. No one to share the misery of purchasing this and watch it collapse.

[the_fiddler] 04/9/2018 13:16

Recovery play my ass. This is going south.

[the_fiddler] 04/9/2018 13:13

BS Share being pumped and dumped by the usual crew.

[ddubzy] 08/8/2018 10:47

Usual spike followed by reversal. Any news, broker upgrade??

[douglas fir] 07/8/2018 16:46

re-rating or.....?

[wsm812] 10/5/2018 07:58

Watching for a breakout here, the upper channel is being tested.

[optomistic] 01/3/2018 09:55

RR, Costain taking on Carillon contracts will be great as long as they are able to secure a good working margin, something it appears that Carillion may not have had.
Costain appears to me to be working on close enough margins already.

[chartsworth] 01/3/2018 08:22

Good solid set of results

[rogerrail] 15/1/2018 12:44

Carillion were Costains closest competitor at Network Rail last year, hopefully some of the work will transition to COST:

In 2016-17, Carillion received 5.1 per cent of Network Rail’s total spend on suppliers – that’s around £372 million – making it the infrastructure manager’s second biggest supplier after Costain

full list here

[cabreado] 20/12/2017 19:07

I wonder if this the peak for Costain... steady growth this year and feel like selling tomorrow.

[barnesian] 23/8/2017 19:50

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.

[ddubzy] 23/8/2017 19:35

Staggered on the muted reaction. I bought more on those results and find myself down on the day. Weird market, maybe I missed something from those results. Oh well at least there's a 10% divi increase to enjoy in a few weeks!

[rogerrail] 23/8/2017 09:41

I think share price was dragged down partly because of slowing growth outlook in construction and partly due to loss of Hinckley contract. Nevertheless good results.

[ddubzy] 23/8/2017 09:03

Excellent results...SP dragged down for no particular reason, should head back to retest 500p.

[barnesian] 23/8/2017 08:23

Excellent results this morning with a 10% increase in dividend.

[ddubzy] 01/8/2017 20:31

Well that's a nice little win....Always amazes how a contract announcement causes the share price to go down. Anyway will keep adding here.

[rogerrail] 24/7/2017 14:11

provides some confidence to a LTBH strategy

[boonkoh] 19/5/2017 12:34

There definitely looks to be some clumsy selling going in. Several spikes down during the day over the past week, but quickly recovering.

[boonkoh] 02/5/2017 16:49

Hmm Interesting RNS today. I remember reading somewhere that this Manchester waste contract was not good for Costain? Also some fishy trades just before 4pm, when there was a huge sell order and a spike down to around 368p.

[boonkoh] 02/5/2017 09:42

COST has hit a sweet spot I think. Solid balance sheet, increasing EPS track record, increasing dividend track record, good forward visibility on earnings, forecasted EPS growth next year by brokers.Coupled with a very strong momentum trend, I can see this share go higher, although my personal fair value price has been breached already, so I'm looking to take profits soon.

[cerrito] 01/5/2017 14:13

Continue to be surprised at the strengthening share price .would perhaps have understood it if infrastructure spending was a big feature of the election campaign but it has not been-at least so far.

[cerrito] 14/4/2017 15:29

Thanks for that gersemi
As they just operate in the UK-apart from Alcaidesa- I have not seen them as an obvious target for takeover by a non UK company but perhaps I am wrong

[gersemi] 13/4/2017 21:42

My pleasure. I have a small holding here

Some talk in the IC this week about Costain also beefing up their efforts for lots of work in North Sea decommissioning

ta

[ayl30] 13/4/2017 21:35

Thanks, interesting, bring it on