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 Shares Traded Last Trade
  1.30 2.23% 59.50 676,284 16:35:20
Bid Price Offer Price High Price Low Price Open Price
58.90 59.60 59.90 58.90 59.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 978.40 -96.10 -36.70 164
Last Trade Time Trade Type Trade Size Trade Price Currency
17:06:41 O 267,526 59.50 GBX

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Date Time Title Posts
25/11/202019:33Rishi Sunak's National Infrastructure Strategy for Ј100 billion of long-term inv6
03/9/202008:33UNDERVALUED GOOD recovery play.. COSTAIN6,508
17/4/202014:35COSTAIN - PE of 28
24/4/201308:47*** Costain ***13

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Costain (COST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-23 16:06:4159.50267,526159,177.97O
2021-06-23 16:06:3859.502,5001,487.50O
2021-06-23 15:35:2059.5032,30819,223.26UT
2021-06-23 15:29:5859.00920542.80AT
2021-06-23 15:29:5859.00299176.41AT
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Costain (COST) Top Chat Posts

Costain Daily Update: Costain Group Plc is listed in the Construction & Materials sector of the London Stock Exchange with ticker COST. The last closing price for Costain was 58.20p.
Costain Group Plc has a 4 week average price of 56.20p and a 12 week average price of 56.20p.
The 1 year high share price is 74.80p while the 1 year low share price is currently 30.35p.
There are currently 274,949,741 shares in issue and the average daily traded volume is 591,277 shares. The market capitalisation of Costain Group Plc is £163,595,095.90.
sparty1: Only fair the pidgy rambling the kier board are subject to should be shared. nwmadden 7 Jan '05 - 11:32 0 9 3 Charts Intraday chart. Click to open a chart window 6 Month chart. Click to open a chart window Fundamental Data Name Kier Group Plc Sector CONSTRUCTION & MATERIALS Mkt.Sector SSC5 Mkt.Segment SSMM Turnover 3,423 Profit -225 Norm EPS -169 PE Ratio - Market cap 206 NMS - News 19/03/2021 15:07 UKREG Kier Group PLC Director/PDMR Shareholding INTERIM RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2005 * Pre-tax profits* before exceptional items up 19.8% to #28.4m (2004: #23.7m) * EPS before exceptional items up 22.6% to 58.0p (2004: 47.3p) * Dividend increased by 17.1% to 8.2p (2004: 7.0p) * #39.4m of cash generated from operating activities * Construction and Support Services order books at strong levels * Homes order book 50% ahead of last year with over 90% of projected full year unit sales secure PlusOneCoin Top Posts None yet... Go to previous 20282 Jump to the specified articleSubmit hamhamham130 Mar '21 - 10:47 - 20271 of 20282 0 0 0 Who is going to save us dopey investors from ourselves? Phew, we have a couple here who will save us! All investments have an element of risk, e.g. silver miners in Mexico could get nationalized overnight if AMLO expands his nationalization plans? Who cares I am not invested there? hamhamham130 Mar '21 - 10:48 - 20272 of 20282 0 0 0 Https:// sparty130 Mar '21 - 11:01 - 20273 of 20282 Edit 0 0 0 aye aye! more pigeon droppings must be raining where he is. Ham, yes you must be reassured by their philanthropic utterings.. I just wish they were better derampers...might get a better price. stdyeddy30 Mar '21 - 11:08 - 20274 of 20282 0 0 0 masturpig is back, trying to impress us with his 'deep' thoughts that are only a year out of date. Presumably it's all boredom on the costain board today. walloo-poo-poo, you haven't answered my question about your inexplicable reading-of-the-charts. Can you just confirm that the share price HAS actually been lower than today for about nine months? And my bonus question for you today is; why are you here wallzy? Are you really being paid by GLG to 'deramp'? I only ask because you seem to promote ramping/deramping as a real thing, even though everyone here is doubtful that it exists. If it's true, have GLG asked you for their money back? imastu pidgitaswell30 Mar '21 - 11:15 - 20275 of 20282 0 1 0 Yes, yes, don't respond to the numbers, don't correct me where I am wrong, just play the man, as always. As I've said endlessly but keep getting snarled at about why I am here, I am, and have been since I first came across it in the middle of 2020 (9 months, not a year - and since when we have had no new financial information), considering it as an investment prospect. And until we see the other side of the capital restructuring, I don't think I like the prospects. Maybe I'm wrong, and maybe there won't be a placement/rights issue. Just my opinion - this is a thread where different opinions should be exchanged, it's not 'owned' by anyone and certainly not by those who are only long. I'm not being philanthropic, it's an objective view of the position. Uncertainty being a key (fundamental) element. For me, I'm happy to wait and see. hamhamham130 Mar '21 - 11:29 - 20276 of 20282 0 0 0 Imastu. Never underestimate what a populist president so do to get re-elected. Hmmm. Nationalization??. hamhamham130 Mar '21 - 11:33 - 20277 of 20282 0 0 0 Those thickies in the market got it wrong again today, Costain down, Kier up. The big trading houses obviously don't have the clinical insight of some of the posters here to save them ;) imastu pidgitaswell30 Mar '21 - 11:36 - 20278 of 20282 0 0 0 ham - if you want to discuss FRES prospects, more than happy to do so. On the FRES thread. Or COST on the COST thread. But to be honest, both of them have reported recently and the discussion on the new information has already been done - there's not a lot more to say. The Mexican president thing, and potential risks debate, was well over 2 years ago, and nothing has happened since (except I have banked over £200k there) - but if you want to do that again, the FRES thread awaits. There is no new information here, and there hasn't been since July 2020.
sparty1: my reply on that board. "Pidgy you cannot accept that despite costains balance sheet and relative (?) funding security the shareprice is crud. Clearly the mkts do not share your positivity or your analysis. There is no enthusiasm for the share. No trust, it is all in the shareprice. Like I said maybe concentrate on why Costain is not performing and leave Kier to those who are interested." The balance sheet is part of the story. Many clearly think that AD is turning it round and that is more attractive than an investment in COST. Cannot be argued with by spouting the same stuff over and over.. The share price tells the story. Now I will return to my sunlounger but rest assured any crud you put on the kier board will end up here. no doubt you don't give a sheet about other board users here you would rather feed your ego.Maybe they would prefer not to read stuff from someone who seems to be wrong most of the time...
sparty1: As you wish ,but let's look at the constant repetition from you on kier. Fueled by your disappointment that you chose the wrong share. If every investment decision was made on the basis of a balance sheet and debt everyone would be buying that share. There would be no market bec asue everyone would be buying or holding. Here you are again on kier board..Yawn... "Sparty, do you want to discuss Costain, its pros and cons, and its share price? There's a thread for that. All the relative comparison of the price, market cap, enterprise value of the two has been done before, as you know. Do you want me to repeat it? Here you go: And here's an earlier version explaining relative enterprise value, with a very generous (i.e.understated) version of debt applicable to Kier: "full of instructive stuff as to why kier is a bad investment". Always good to give people what they want."
greg the grinch: I virtually always buy shares looking forward on a risk to reward ratio and a 1-3+ year hold. What is the downside share price and upside SP? Considering the above this is a buy and hold share. What we are seeing is normal market action considering COST's share price has risen dramatically - some taking profit - if shares moved in a straight line we would all be millionaires. GLA
cleverinvester: Up till 2018 they provided a dividend of 3-5 percent per year based on a share price of 4-5 pounds. So today's price is a bargain. share price will multiple by 5
imastu pidgitaswell: F - one of the relevant factors, without boring everyone to tears (!), is enterprise value. The real value of a business (e.g. to an acquirer) is the market cap plus the debt they would take on (or minus the net cash they would be buying). COST's enterprise value (EV) is market cap minus net cash - so around £100m using 66p (275m shares) and £80m for the net cash (which is what they have said it will probably be at the year end - the current cash levels are a lot higher and were £140m at 30.06.21) KIE's EV is their market cap (£152m) plus their net debt (c£436m average net debt per the last set of numbers, so c£590m. Assuming their own data is correct... hTTps:// The key issue is the proportion of the equity to the enterprise value, i.e. how much does a movement in the share price (market cap) impact the enterprise value. In the case of COST, it's a low gearing, i.e. a 10% move in the share price changes the enterprise value a lot more in percentage terms than a 10% movement in KIE's share price does. So in a sector moving upwards, the KIE price has to move a lot more to deliver the same increase in enterprise value. It doesn't mean KIE is necessarily a better investment, or indeed that the share price will increase by a higher percentage (they have moved pretty much the same since the Summer lows) - it just means that if all is well and the enterprise values increase by the same percentage, KIE will move up by a (much) higher percentage share price. Note the key part - if all is well. The fact that the share prices (not the EV) have moved up by similar percentages tells you something about the risk perception by the market. Some numbers: ...................COST.............KIE M cap...............180.............150 Cash/Debt............80............(436) EV..................100.............586 10% share price increase: M cap...............198.............165 Cash/Debt............80............(436) EV..................118.............601 % EV change..........18%..............3% It therefore becomes a question of risk appetite - if you want higher risk, and potentially higher reward, buy KIE (but be aware of the risks); if you want low risk but still rewards albeit potentially lower, then buy COST. Or you could just do both - a subtlety lost on the KIE thread.
greg the grinch: Knowing 18 Feb '21 - 10:44 - 524 of 531 0 2 0 Costain (COST) Peel Hunt LLP Buy - 75.00 Costain (COST) Liberum Capital Buy - 80.00 greg the grinch 18 Feb '21 - 16:45 - 525 of 531 Edit 0 0 0 Costain (COST) Greg the Grinch Buy - 380.00 purchaseatthetop 19 Feb '21 - 09:03 - 527 of 531 0 0 0 Greg the grinch (LOONY) - Sell - 0.00
imastu pidgitaswell: Construction News struggling to find something interesting to say about it: Costain sees in new year with £100m cash balance 05 JAN 2021 BY DAVID PRICE Costain CEO Alex Vaughan Costain ended 2020 with a net cash balance of £102.5m, the company announced in a trading update this morning. The balance was greater than the £60m-£70m range it had forecast in its half-year results, and also ahead of the £64.9m it reported at the end of 2019. Average month-end net cash also topped £100m in the second half of 2020. A breakdown of its year-end position showed the company had £89.5m in free cash, £61m of cash in joint venture operations and borrowings of £48m. The firm’s cash levels in 2020 were boosted thanks to a £100m rights issue launched in March and completed in June. The brief trading update for the year to 31 December 2020 said the company’s trading had been profitable on an underlying basis since its half-year results and performance had been in line with expectations. The company reported a £90m pre-tax loss in its half-year results, but said its operating profit on an underlying basis was £5.7m. This excluded two problem contracts: the A465 Heads of the Valleys road and the Peterborough & Huntingdon gas-compression station, on which the company had incurred significant extra costs on. Costain also announced its order book ended 2020 at £4.2bn, equalling its value for the end of 2019, with £1.02bn of work secured for 2021. Costain will publish its full-year results for 2020 in March.
ishwar: Trading update looks grand, I think. Should deserve a rerating ?Costain Group PLC Year End Trading UpdateSource: UK Regulatory (RNS & others)TIDMCOSTRNS Number : 5166KCostain Group PLC05 January 20215 January 2021Costain Group PLC("Costain" or "the Group" or "the Company")Year End Trading UpdateCostain, the smart infrastructure solutions company, today issues a trading update for year ended 31 December 2020.Since announcing interim results on 14 September 2020, the Group in responding to Covid-19 has continued to operate productively with effective safety measures in place across all contracts. The Group's underlying trading has remained profitable with good cash generation. New work has also continued to be secured, in line with the Group's strategic ambitions. The Board therefore expects to report full year results in line with expectations.The year-end order book stands at GBP4.2 billion (31 December 2019: GBP4.2 billion), with c GBP1,020 million secured for 2021 (c GBP940 million secured for 2020 at end of FY19). The Group has a strong year-end net cash position of GBP102.5 million, ahead of expectations, (31 December 2019: GBP64.9 million) comprising GBP89.5 million of cash, GBP61.0 million share of cash in joint operations and GBP48.0 million of drawn debt. The average month-end net cash balance for the second half was GBP100.8 million (2019 full year: GBP41.2 million).The Group will be announcing its results for the year ended 31 December 2020 on 9 March 2021.
imastu pidgitaswell: They can't buy as it is in a closed period - until the results are published. The thing about the ballsed-up contracts is that COST have paid almost all of the costs (staff costs, contractor costs, supplies etc). From a cash perspective, there is only potential upside - broadly speaking - from the arbitration process. Regarding cash needed to operate - they just need sufficient liquidity, be it cash in the bank or borrowings, same as any business, but even more so for a long term contract construction company where you pay for stuff ahead of being reimbursed by the client. Also for the reasons they stated at the time of the placement - potential clients do like to see a financially robust company servicing their business, they do not want it to go bust and deal with all of the complexities and expense of that - I have seen it happen professionally and it's a mess when it happens. It is all part of a scoring system that is reduced to just 'pass' or 'fail' in theory, but in practice all of the other scoring (to decide who to award the contract to) is influenced by that initial perception of the company's stability. Basically having net cash on the balance sheet and plenty of it helps. Re selling - me too. Holders seems a bit silly, at these prices, and after the placement at 60p. For me, the question is what needs to happen to turn the share price around. Nobody wants this (from the institutions - I want plenty) - doesn't matter how cheap it gets. I guess the answer is they want to see certainty re these 2 contracts (although I think they're not relevant going forward), and that COST (and others in the sector, e.g. KIE) can generate cash on a consistent basis without regular contract messes. The balance sheet cash, the future income is all there for COST (not so for KIE) - it's all about execution and delivery.
Costain share price data is direct from the London Stock Exchange
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