Note: Where MoneyAM chart shows 0.00p, it means 1.00p(!)

This one now getting noticed, up 1 in the last month. An excellent stock to put away in the ISA for substantially higher gains in my opinion.

I suspect the marine side of things is also growing rapidly, think lifeboats, ropes, equipment, regular repeat business etc etc. This along with all other security clothing, fire prevention. I see this as a nice steady multi-bagger.

I agree greyhound...

Cosalt is looking like a company with a great future ahead of it. Fairly recently it has been transforming itself into the marine support services and safety sector. Anyone not familiar with this support work needs only look at the 5 year graphs of James Fisher (FSJ) which has been a multi-bagger.

Cosalt has recently acquired GTC Holdings which I think is really going to change the company into a revenue generating cash machine. The acquisition will be earnings enhancing and something like 70% of the profit could well be coming from this division.

It was tipped a buy back in September by Hardman & Co:

http://www.hardmanandco.com/Research/Cosalt_Sept2007.pdf

This week it has been tipped again by new recent joint broker KSFCM.

The stock is fully listed and therefore nicely protected and I've got this one nicely tucked away as a medium/long term hold. I hope to have a nice multi-bagger here in what is becoming a hot area to operate in.

As always do your own research but I think we could be in for earnings upgrades.

Working in the Marine industry & use some of there Kit, I dont think they will be to short of work !! one to watch !

What went wrong..are they going bust in 2010.

SELL.

I bought some!


I hope for a recovery.

But more likely I will myself have been in and out of recovery a few times before this one recovers.

I bought at about 9p. (Scattered small amounts of cash among a few "bombed" out companies, which couldn't drop further in price. Dumb.)


Should have waited a bit longer.

But based on hope and time scale of 2-3years.

A bit old but!!!!

Date: Thursday 18 Mar 2010

LONDON (ShareCast) - Safety equipment and protective clothing provider Cosalt reported a dip in interim revenue amid challenging conditions but said it has seen some evidence of improvement in the market.

The group, which provides equipment for the Offshore Oil & Gas and Marine industries, said revenue in the four months to the end of February was 30m, down slightly from 31m in the corresponding period.

Chief executive Mark Lejman said, "We continue to manage both costs and working capital carefully as we prepare for the seasonal uplift in trading which occurs in the summer months."

He added, "Having taken steps to reduce costs in response to the market environment, and with recent signs of some improvement in trading conditions, the board's expectations for the full year remain unchanged."

Why is this going down.

Worth 2p and thats all.

Sell.. sell..sell..

Follwing CNT and Jarvis.

everyone should prick up their ears when mitzy posts, because it's usually a load of ......

this is MM only stock and offered in lots of 10k - i.e. +/-400 - and volumes are pretty minimal

I said sell at 9p have you got a problem with that.

i have a problem with many of your inane utterances, not least this last one on 6th when sp was only a little higher

it gives me considerable worry, and i have posted as much, that you do not care whether sp goes up or down - i.e. you play tiddlywinks ...... de facto, it allows you to make stupid prognostications without any risk of pain ..... occasionally you manage to call correctly, which you then think gives you bragging rights - a chimpanzee could do as well - conveniently ignoring the crap of when you have called totally wrongly

Relax old chum.

fortunately i do most of the time, but i shall no doubt continue to remind others of the inanity of your forecasts and that you never ever back same in meaningful way

now tell us all - truth if at all possible - of how many of these you are short at 9p and how many extra you added on 6th when you told everyone to "sell ... sell ... sell"

I cant be bovvered like your wife cant.

that pretty much says it all .... beginning to have sympathy with RDG and his view of you ..... as with several here, the truth and you are not well acquainted

You have never bought me a drink...or anyone at the golf club.