Costain Share Discussion Threads

[dickbush] 28/2/2024 13:08

I would like to add but I'll wait to see what the results are and, more importantly, what the statement says about this year, in particular, the operating margin. Is the company still on course for 4.5%?

[thags] 28/2/2024 12:59

the rockets run out of fuel. It's heading back down to 60 to test support. lets hope it holds and doesn't slice through

[catabrit] 28/2/2024 12:56

Not unusual in the build up to earnings. Just hold the line.

[the count] 28/2/2024 12:05

--->ALL

Don't understand what is happening here.

We have been drifting for a while now so close to results.

I wonder if it might be a single seller.

Last thing I expected with this particular stock.

TC!

[casholaa] 28/2/2024 10:03

A glass building is always good. We can stroll past to see if they are working.

[dickbush] 28/2/2024 09:59

Many thanks, Roguemale1. That's a good site to keep an eye on business at COST.

[roguemale1] 28/2/2024 08:01

hxxps://www.constructionenquirer.com/2024/02/27/costain-moves-hq-to-londons-can-of-ham/

[sharw] 27/2/2024 23:09

That is only Q&A. The results will be the day before - 12th - with presentation 09 00

[the count] 27/2/2024 15:21

--->ALL

I take it you have all seen the news today?

hxxps://uk.advfn.com/stock-market/london/costain-COST/share-news/Costain-Group-PLC-Investor-Presentation-via-Investor-Meet-Company/93366293

They will be giving an investor presentation on 13th march starting at 10am.

Regards,

TC!

[dickbush] 26/2/2024 12:00

Rogue, I'm also looking for circa 11p, but taking into account the matching payment to the PF, I can't see a 3.5p divi.

[cestnous] 23/2/2024 15:34

A decent write up in IC today, though not a tip, didn’t do much good for the share price

[roguemale1] 21/2/2024 13:34

Yep 12/3.
I think he'll up margin a bit to just over 3%. EPS 11p ish? Divi circa 3.5 ish? I can't see the II's settling for less than that?

[the count] 21/2/2024 12:54

--->SASBOD

Is that a confirmed date for the results?

TC!

[sasbod] 19/2/2024 14:53

TTNY2004 I agree, the 12th March is when we will know... Place your bets..

[ttny2004] 18/2/2024 19:14

Awaiting for this to blow! Anytime now. Expect 100p plus to be reached in 2024 for starters! That's 30% growth from here.

[roguemale1] 15/2/2024 09:11

BAM results-go below the headline, the Civils business saved the day. Interesting margin!
hxxps://www.constructionenquirer.com/2024/02/15/bam-construction-falls-13m-into-red/

[hamhamham1] 14/2/2024 07:54

Costain got net cash of £165m and the company is only worth another 10-15% more than that in market cap, that's just plain nuts ;)

[hamhamham1] 14/2/2024 07:50

Nice write up for Costain, and Kier, I hold both, imastu never agreed with that approach, he was 100% costain.

[pinemartin9] 08/2/2024 17:30

Simply a question of patience. I agree chart looks good. Third time lucky for this trading range. Just needs healthy markets and maybe some PR. All good here.

[catabrit] 08/2/2024 15:56

Chart is looking healthy.

[catabrit] 02/2/2024 14:38

Not me. I am maxed out!

[someuwin] 02/2/2024 14:31

BBC reporting that water bills will rise more than inflation as the water companies increase spending on infrastructure. Good news for COST as they are winning significant contracts in the water industry (see recent Northumbrian Water rns)

"...Next year will see record levels of investment from water companies to secure the security of our water supply in the future and significantly reduce the amount of sewage in rivers and seas," said David Henderson, chief executive of Water UK.

He said companies in England and Wales would invest more than £14.4bn in the next financial year, the highest annual investment on record.

Giles Bristow, chief executive of the Surfers Against Sewage charity, described it as "a small first step of what will be a very long road to recovery".

He said: "This is a signal that the water industry is at last, perhaps, waking up to the sheer scale and extent of the sewage scandal and the chronic state of our water system in the UK."