Costain Share Discussion Threads

[ch1ck] 28/6/2019 15:04

Let's not loose focus the results are now expected to be in line with last years numbers. Not great but does not warrant the 35% fall that we are seeing today.There is still a healthy pipeline of projects and we are not significantly out of pocket for the projects we bid on.I see this as the last correction before a recovery

[deanmatlazin] 28/6/2019 14:22

Fall over done! Nice opportunity to buy. £2+ end of day.

[roberto mancini] 28/6/2019 14:16

Looking at balance sheet cash liquidation in 12 months

[roberto mancini] 28/6/2019 14:13

Charts always show what has gone before, but the trend was ,..erm down town, marky what u get up to with your male spam crispy fritter friend is your business

[markycrispy] 28/6/2019 13:51

Well done Roberto another hindsight trader who knows nothing

[big brother8] 28/6/2019 13:32

DRIP DRIP DRIP
BANNNNNNNNNNNNNNNNNNNNNNNNG !!!!!!!!!!!!!!!!!!!


100p

[sasbod] 28/6/2019 13:29

Seams weird, they only hiked the divi back in March... All the government says is it needs to spend on infrastructure...

[rlivsey] 28/6/2019 13:28

I really want to buy more but probably not a good idea to speed up my trip to the poor house

[chrisrby] 28/6/2019 13:25

Or even potential liability over the synchrotron.

[chrisrby] 28/6/2019 13:22

Just wondering why everything seemed fine at the agm and 7 weeks later this update. Did they not know there were delays to contracts at that time?

[william7093] 28/6/2019 12:00

Costain not just a concrete company any more it's smart economy now

[roberto mancini] 28/6/2019 11:20

I suspect there will be other contracts going sour, massive balance sheet destruction over the next 12 months, the cash will be depleted.

The chart has been predicting this for some time, those in the know!

[riskblue] 28/6/2019 11:10

Just bought some. Seems over reaction to me. Was on my value list before this.

[gregpeck7] 28/6/2019 10:53

All these companies need to stop under cutting each other and charge reasonable prices. They are their own worst enemies. Govt is too powerful in this and things will change as if they don't they will end up doing all the work themselves!

[bamboo2] 28/6/2019 10:50

sasbod, most councils have their potholes filled by the outsourcing companies, such as Costain.

Costain are desperately trying to show a profit on this kind of operation, but they are finding it is simply not possible. Their clients, the councils, are getting very poor service.

If it is not already, in the future, outsourcing will be seen as toxic to everyone involved as the PFI.

[sasbod] 28/6/2019 10:25

Our infrastructure is in shocking state, Costain should be making boat full of cash filling in pot holes... why is it management want complex projects which over run... what's wrong with making money the easy way?

[sirrux] 28/6/2019 10:10

Are we heading back to the days of the horse and cart in the UK? No need for bridges, roads and railways!

[arja] 28/6/2019 09:58

wonder id the shorts will cover their position today as should bounce if they do and a nice if risky trade - no sign of it yet !

[qs99] 28/6/2019 09:53

Wonder if someone will come along and buy KIE and COST and try and get some decent management over the top to drive cash/profits??

[bamboo2] 28/6/2019 09:51

If considering buying, it could be worth waiting for one of the potential turn dates next week. imo.

[buywell3] 28/6/2019 09:29

Correct

Huge Turnover and peanuts profits

And I agree COST is being shorted today

But that's not illegal yet