Would anyone know why there has been such a large number of shares sold and no buying? Is there something we are not aware of?

Do you have a link to that info please?

Summat's up!

This was yesterday, I guess delayed reaction ??!!

RNS Number : 3691U
Costain Group PLC
14 May 2008


COSTAIN GROUP PLC
("Costain")

Costain awarded major Felixstowe container port contract

Costain is pleased to announce that it has been awarded a major contract by Hutchison
Ports (UK) for the construction of two berths at
Felixstowe container port, totalling 730m in length. The contract, known as Felixstowe South
Reconfiguration Phase 1, will enable more of
the world's biggest container ships to dock at Britain's largest container port.

The contract is scheduled to last two and a half years.

Costain has carried out a number of contracts for Hutchison Port Holdings, the world's
leading port investor, developer and operator, at
Felixstowe, Thamesport and Freeport, Bahamas.
Andrew Wyllie, Chief Executive of Costain, said:

"We are delighted to have been awarded this contract, which takes our forward order book
to in excess of £2 billion. Hutchison Ports
(UK) is a long-standing client and to secure repeat order business on this scale is further
testimony to the high regard that our blue-chip
customers have for Costain."

Bought some COST last week, today up to 16.18 there were 3 trades totalling 12k shares, then over the next 15 mins or so over 2.5m shares traded all buys except for 1/2m @ mid price. Good luck all
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So did I, picked some up a couple of days ago....they are not short of work, and have less exposure to the housing market than others !, and the graph shows support around this level, hope it holds for a rise !.

Real support level here......hope that it holds !.

Excellent contract win.
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Yes, I hope that the sp does not now pull back to the 20p area once again !.

Trading update looks fine, 100m cash as well.
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Another good contract win by Costain,...there are 2 previous sp patterns here: the May and September camel bumps...will this rise become a third ?.....rises up and then down and then another rise (where we are now) possibly !.

rf-------Just read contract news myself, COST seem to be doing quite well atm, the 8th jan update indicates no nasties, so I feel the sp is a tad too low.
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The sp should be around the 30p mark...but then again there are plenty more companies that are undervalued...take AFR (on Aim) for instance....sp really beaten low !....for COST some patience will be needed....but a serious rise must be coming !.

18 months ago they traded between 40p-50p range but I believe they were saddled with debt at that time, hence their drop to below 20p.
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Ripe for buyout.

Bought again this morning but they haven't registered on the live streaming. Final results due 11th March, no nasties according to the february update, co valued @ around 150m, has cash exceeding 100m, record order books of 2b, not exposed to the house market, PE of 6.4 and a dividend to boot. Looking good.
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Coming in under everybody's radar this one....as much cash in hand as the market cap !....whilst most similar companies are reporting doom and gloom, little Costain is showing good improvements in performance.

The results looked very solid, I couldn't see any negatives in there, it looks a good buy from here with nice support at 19p which the sp has bounced off three times. Some large sell transactions today which lowered the price.

Another major contract win.
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Struggles to progress further than the 23.5p mark.
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