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Share Name Share Symbol Market Type Share ISIN Share Description
Costain Group Plc LSE:COST London Ordinary Share GB00B64NSP76 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00p -0.65% 305.50p 305.00p 306.00p 310.00p 300.00p 300.00p 13,688 13:55:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 1,463.7 40.2 30.9 9.9 329.65

Costain Share Discussion Threads

Showing 6476 to 6497 of 6650 messages
Chat Pages: 266  265  264  263  262  261  260  259  258  257  256  255  Older
DateSubjectAuthorDiscuss
27/2/2014
10:27
225 placing is appalling. I like the companies work but if they are as stupid as that with our money then they can do one.
dafrog
27/2/2014
10:23
I was just looking at the same thing royaloak....and yes agree with your view.... So actually surprised share price hasn't fallen further!
jaf111
27/2/2014
10:17
Not in at the moment, from reading the details it is my understanding that if I buy today I will not be able to buy in at 225p in the placing. Would someone kindly confirm if I am correct. Thanks.
royaloak
27/2/2014
10:02
I'm not holding, but saw the price was down and took a look. 225p for new placing, a write off, cash decrease....not for me
lennonsalive
27/2/2014
09:56
I'd have accepted a 10 to 20m fund raising but 75m! no way up yours Costain
spob
27/2/2014
09:50
Looks like a narrow escape for me since had been contemplating a purchase....
jaf111
27/2/2014
09:44
Just shows how imperfect the market can be at times. I thought this was a good long term hold and a solid company, obviously I was wrong!Really surprised that the market analysts did not see this coming - I thought that was what they were paid to do, poor marks to the company as well for getting themselves into this position, time for a new FD perhaps
ayl30
27/2/2014
09:05
Wasn't expecting that Sold the lot
spob
27/2/2014
08:59
Re placing, why do COST have the habit of upsetting the apple cart just when things are going so well? Same thing happend with the failed MAYG merger. With regards to results, a solid performance if you make allowances for the exceptional costs, but would have liked to see more progress on improving margins. Order book and prospects look good though.
rogerrail
27/2/2014
07:40
mmmmm not sure what to make of results / capital raising.....BUT more importantly had the £18m exceptional costs / write-downs previously been flagged up????
jaf111
15/2/2014
17:17
Still looking good value this one,largely passed over perhaps for Historical reasons. I do like the balance sheet! http://www.privatepunter.co.uk/News/catching-up-15-february-2014
hastings
05/2/2014
19:35
RR, I hope it does prove to be high margin, looking at the bottom line it is what Costain needs. Get more net profit and we have a chance of moving ahead.
optomistic
05/2/2014
18:30
Roger Rail, Once again good contract news for Costain but 'high margin work' hope it is, not been much of that in the near past. ps where did you get the 'high margin work' from?
optomistic
08/1/2014
08:57
Analysts are a funny bunch. Costain served up a perfectly acceptable end-of-year trading statement, and still they had concerns. This is thought of by many as a civil engineer, but nowadays it offers the ability to fulfill entire large engineering and infrastructure contracts, rather than merely the bits requiring large amounts of concrete. For example, Costain has just won the eleventh contract to work on Crossrail. It will work on the huge super-sewer in London for Thames Water, too, and for Severn Trent on the next round of investment there. It is also working on all ten of the ageing Magnox nuclear reactors. This sort of contract is quite different from straightforward civil engineering. It does not hand the company large amounts of cash upfront. Costain probably saw its cash balances fall by about £70 million to £50 million in 2013 and this drain will continue until, eventually, it turns positive. The company gets very little work from overseas these days. Andrew Wyllie, the chief executive, says that there are far too many opportunities in Britain already. The total order book ended the year at £3 billion, up 25 per cent, with more than 90 per cent repeat orders from existing clients. The final concern is its acquisition policy. Costain mercifully failed to buy Mouchel and lost out on May Gurney to Kier. Mr Wyllie says that plenty of other opportunities are out there, although the timing is unclear. The concentration on infrastructure and a few blue-chip customers is a plus. The days when decent margins could be made on bog standard building projects are over. That cash outflow should not be a problem. The shares have traded between 250p and 300p over the past year. At 296p, up 12p, they are at the top of that range and on about ten times earnings, which does not suggest any reason to chase now. But the long-term story is there; buy on weakness. Tempus in todays TIMES
valedo
07/1/2014
15:19
With the order book in place this is a solid and somewhat undervalued defensive stock with reasonable growth prospects considering the expected pick up in infrastructure spend, provided of course they don't do anything stupid such as the failed t/o of May Gurney! Definetely one to have in the ISA portfolio.
rogerrail
07/1/2014
07:16
Lovely - an increased order book and what I particularly like is 90% + repeat orders - imo good to work with clients you've sold to in the past as both parties tend to form an understanding of each other making the day to days that much more efficient.
joe say
07/1/2014
07:12
Trading Update
skinny
27/12/2013
11:47
This seems so undervalued It must catch up at some point in 2014 so I am holding on to these shares. They have a very good order book and I anticipate that this will grow further during the next few years. I had an uncle who used to work for costain andhe reckoned they were the best employer he had ever worked with. Happy new year to all Mad
madprofessor44
17/12/2013
19:15
I don't understand this...Costain announce a contract win and the price goes up. Unreal!
optomistic
13/12/2013
16:53
Down again...is 260 to be the next support?
optomistic
10/12/2013
18:21
Should have sold out completely! Still not bought back in..looks like there is more to go on the downside....no doubt be wrong again :-/ edit...nah, still got the downside pulling. edit edit...going up...I think they read my posts then go the opposite way1 LOL
optomistic
28/11/2013
12:45
Took some off the table this morning, interesting that my sale was recorded as a buy...it was close to the offer. Covered both ways now, share price falls, buy back, share price rises, still got a holding.
optomistic
Chat Pages: 266  265  264  263  262  261  260  259  258  257  256  255  Older
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