Costain Share Discussion Threads

[glenngladssilver] 17/5/2021 10:02

Watch out for cleverincester. Have a look at its Saga posts. It predicted a crash but got it horribly wrong. Saga now £4 and set to rise again once cruises restart. Costain will not be £1.20 anytime soon. It wants the price to go up here because it is sitting on a big loss. You have been warned about the paid ramper/deramper. Protect your money, much better opportunities elsewhere.

[glenngladssilver] 17/5/2021 09:54

I disagree. There will not be any recovry hete for a few good years. The price keeps drifting back to the 57 area. Frankly one dog of a share and the construction sector is best avoided at present.

[cleverinvester] 16/5/2021 17:43

Construction with the exception of a few hasn't experienced the rally yet. Vaccine is factored in to travel and retail.Costains/Capita/builders etc all good recovery stocks .We should see a big lift in the second half of the year.Load up now.

[davwal] 15/5/2021 17:58

Not the saviour Guy Hands, surely...?

[imastu pidgitaswell] 15/5/2021 17:31

A private equity takeover...

😎

[davwal] 15/5/2021 16:35

What sort of announcements might they be in order to provide an uplift to that extent?

[cleverinvester] 15/5/2021 10:21

Dealy a few announcements here and the share price will get 1.20 easy ....

[dealy] 14/5/2021 19:43

left behind by Kier. needs to catch up

[davwal] 14/5/2021 15:06

In for 16,917 @ 57p....

[pinemartin9] 14/5/2021 09:47

Let's hope the way it spiked to 70p can be repeated and is just a teaser of tings to come!

[ttny2004] 14/5/2021 08:40

Yes, these seem extremely cheap. At some point they will rise and rerate for sure.

[farrugia] 14/5/2021 08:16

i keep accumulating here - hope i don't regret it. but seeing how Kier has risen......

[dexter1612] 13/5/2021 17:35

There will definitely be a re rate at some point, when is anybodies guess. Well oversold again, it's time will come.

[tomc85] 13/5/2021 16:33

Makes up 25% of my isa now, betting big here.
Thought the positive news over at kier would have pulled us up and the risk off sengiment normally serves us well, nope just driftwood.
Beneath moving averages and low rsi, oversold much.

[pinemartin9] 13/5/2021 16:16

Looks a good top up point, I'm already about 8% of my SIPP in this so not buying anymore though.

[tomc85] 12/5/2021 16:34

All very quiet when kier is slowing rising we are slowly falling.
I've added on that basis as well as my contrarian views paying off, card,ted etc.
We will have our day infrastructure rerate due, well one day but we will be bucked in ready.

[imastu pidgitaswell] 12/5/2021 11:59

It's just very quiet with no news.

Just come in and added back 20,000 from sales in the 60s. Rude not to...

[hamhamham1] 11/5/2021 19:44

No posts for 3 days, a lot of relaxed investors, very good :)
Some threads going bananas

[imastu pidgitaswell] 08/5/2021 12:16

The easing of lockdown helped Britain’s construction sector to expand at near-record pace last month.

IHS Markit’s purchasing managers’ index for the sector measured 61.6 in April, down slightly from 61.7 in March but still considerably above the 50 mark that separates growth from contraction.

“The UK construction sector is experiencing its strongest growth phase for six and a half years, with the recovery now evenly balanced across the housebuilding, commercial and civil engineering categories,” Tim Moore, economics director at IHS Markit, said.

New orders rose at their fastest pace since September 2014 as the end of lockdown led to contract awards on delayed commercial developments. “This added to the spike in workloads from robust housing demand and the delivery of major infrastructure programmes, such as HS2,” the report said.

Businesses expanded their workforces to cope with greater demand. Employment growth in construction companies was the highest since late 2015, the report said.

etc etc

[knowing] 07/5/2021 11:22

Andrew Nussey, analyst at Peel Hunt, said: "There was no divisional or margin commentary, but market conditions would imply no deviation from our trading or self-help assumptions. We maintain our December 2021 estimated pre-tax profit of £26.5m, to give earnings per share of 7.8p, and average full-year net cash of £80m."

Peel Hunt has a 'buy' rating on the stock and a price target of 80p.

[dexter1612] 06/5/2021 21:10

Clearly, the market is not convinced yet.....moves sideways and back until then. Still convinced it will come good.

[imastu pidgitaswell] 06/5/2021 16:36

And bought them back...

It is what it is.


I do agree with 1117.