Costain Share Discussion Threads

[purchaseatthetop] 09/4/2021 06:39

Morning all,

My advice is not to agonise over daily movements and stress over why it has not gone up 0.00025% today. It will rise in time. I am relatively sure. Great balance sheet and a much more sensible policy for contracts. The government are going to throw the money at the wall and COST will get is bit.

2023 - 150p. As they say up North (and in adverts) "That'll do".

[apol70] 08/4/2021 22:51

Possibly not, but no doubt they did at one time and maybe even down a mine from the age if 14.....all pre health and safety legislation also. You have it good in comparison.

[farrugia] 08/4/2021 21:38

'(a) an EPS target (relating to two thirds of the Awards) of 27.9p (for 15% vesting) and 32.4p (for 100% vesting), with vesting on a straight-line basis between the two; and'

imastu - you're saying they have to generate eps of 32.4p over the next 3 years for directors to get the payout?

[oliversanvil] 08/4/2021 18:15

You old pensioner farts do not have to get up at 5.55pm and get ready to go and work in the construction industry.

[dexter1612] 08/4/2021 18:06

Hopefully the catalyst this needs. Looks even more undervalued at this price with upside in UK economy.

[owenski] 08/4/2021 17:47

Free money and treated as such, they have no real commitment to these businesses, they're just suits on salaries and perks meeting low ball targets for their next free feed from the trough.

[skinny] 08/4/2021 17:39

You called....

On edit, from earlier today :- GBP Construction PMI 61.7 55.0 53.3

[imastu pidgitaswell] 08/4/2021 16:42

Not sure it can get any slower...

See a couple of little directors' options and awards being sneaked out today.

First one is the CEO getting an award at nil cost of just over 20k shares. And he has sold just under 10k of them to meet the tax and NI due. So he couldn't afford to cough up around £6,000 from his earned income to meet that liability and hold on to all of the shares. Not great in terms of commitment, frankly - but who knows, maybe he has a lot of outgoings... At least he held on to the net award.

Second one is him and the CFO getting rather more as part of the LTI scheme - but they won't get them for 5 years. Targets etc as per the RNS and discussed on here back in December. The EPS targets being cumulative for the 3 year period not annual (I got a little over-excited back in December thinking they were annual...) Broadly they are consistent, if achieved, with the numbers in the header. Which is fine by me - should be good enough for 200p (maybe even as high as a dizzy 204 skinny...) in a couple of years, imho.

[oliversanvil] 08/4/2021 16:26

Slowly slowly

[purchaseatthetop] 07/4/2021 17:47

I added £10k just before close of play today. I think the slow drive upwards is underway. That takes me to £18k on COST.

[cleverinvester] 07/4/2021 14:56

Hamhamham1 the nay sayer should be in SHOE and PFC today .Nice

[ttny2004] 07/4/2021 08:22

First share price target to break 68p resistance and then 85p. Once we break 85p levels then gap to be filled to pre covid levels where share price was around 200p plus.

[hamhamham1] 07/4/2021 08:15

Where's that other nay sayer who told me that my Saga investment was a bad one??
Up 150% so far!

[dexter1612] 06/4/2021 18:44

Paired back some upward momentum today. As said before, way oversold.

[sparty1] 06/4/2021 17:03

hxxps://www.msn.com/en-gb/money/other/they-know-frexit-is-coming-campaigner-savages-increasing-propaganda-as-euro-defended/ar-BB1fjtCA?ocid=msedgntp

Digest a bit of Frexit!

As I warned ,many nations now have groups who want out.. Seems the French are one of them.

[imastu pidgitaswell] 06/4/2021 13:05

ham - I said on the KIE thread that if I was wrong, I would be losing nothing, and gaining well enough from being invested here instead (and I am) - not to mention avoiding the worry about being invested in a heavily indebted business. And if I was right, and KIE turns out to be a crock, I would not be losing large amounts of money.

I preferred the lower risk:reward profile of this, but that's just me - I also said they were not mutually exclusive, it's not one or the other, it can be both. And I said that on here as well.

For me, it's not both until I know the true picture on KIE. Which we will get in 2 weeks.

I don't know why that is so difficult to understand? Or why you need to characterise it as 'needing to be right'?

[hamhamham1] 06/4/2021 12:57

Some people can't take if if they called it wrong, their need to be right can blindside their investments and opportunities.

[hamhamham1] 06/4/2021 08:56

Bought some ODX at 88p today. Time will tell.
But if the gov are giving 2x covid tests per person per week and ODX on the preferred supplier list, ODX hopefully going up. ODX say they can provide 2 million per week by next month.

[hamhamham1] 02/4/2021 07:17

The next phase is the value bigger caps to recover, so those lumbering banks, utilities, etc will rise, they usually last to the recovery party.

[hamhamham1] 02/4/2021 06:49

hamhamham1 - 28 May 2020 - 17:39:44 - 5481 of 9235
Last one, De La Rue (DLAR). they print all the UK money and other countries, they may have lost the UK passport for now, but they do other stuff and other countries.

[cleverinvester] 01/4/2021 22:46

Yea yea Hamhamham1. Funny how your missing when the stocks you boast about are down.

[hamhamham1] 01/4/2021 08:39

Nearly reached my first 10 baggers, Lamprell. (They hit 11x the other week but dropped back) Plenty more to come ;)

hamhamham1 - 15 May 2020 - 13:27:47 - 17771 of 22103
Bought 4 total punts yesterday, AA, Aston Martin, Eddie Stobard and Lamprell. My riskiest yet, but only a smallish wack on each.