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What prospects for Costain (COST)     

paperbag - 21 Sep 2004 13:28

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?
Chart.aspx?Provider=EODIntra&Code=COST&S

2517GEORGE - 09 Apr 2009 10:17 - 143 of 369

Another good contract win for COST.
2517

required field - 09 Apr 2009 10:19 - 144 of 369

About to break out of the trading range ?, if so : it could jump up a few pennies or so !.

2517GEORGE - 09 Apr 2009 10:23 - 145 of 369

Yes looks that way rf, it's been slow going despite good news and no debt, may have been held back by the dilutive effect of last years rights issue.
2517

spitfire43 - 09 Apr 2009 10:28 - 146 of 369

Currently on the verge of a break out, if they do breakout you should see a golden cross on the charts shortly.

They keep pulling in new contracts.

2517GEORGE - 16 Apr 2009 14:10 - 147 of 369

Makes you wonder (it does me anyway) why another construction co doesn't t/o COST. For a premium of say 60% (sp 40p) outlay 250m an acquiring co gets 150m cash plus 2b of PFI contracts. Suspect I must be missing something, and perhaps there's some wishful thinking on my part.
2517

required field - 17 Apr 2009 08:27 - 148 of 369

Crossrail contract helping breakout !....about time this went up !....still way undervalued with huge backlog of excellent contracts, profits should rise considerably in years to come !.

required field - 17 Apr 2009 09:11 - 149 of 369

Frankly, I'm surprised that there is not more buying of this stock.....if the numbers on Money Am are to go by....300000 only and some of those are sells !?.

2517GEORGE - 08 May 2009 12:05 - 150 of 369

Sold out of these for a near 20% profit, taking an age to really move and I suspect the market generally to be toppy and bought into NGL instead. Good look all.
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2517GEORGE - 08 May 2009 16:07 - 151 of 369

Crikey my timing IS improving, both on the selling and buying side.
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required field - 08 May 2009 16:16 - 152 of 369

26p is a resistance line ...I'm still in, if it can break this line I reckon 30p is on the cards....but nothing wrong with taking a profit georgy boy....I'm hoping we won't be going back to 22p again !.

2517GEORGE - 08 May 2009 16:19 - 153 of 369

rf---------I believe Panmure Gordon have issued today a sell note and target price below 19p, can't see it myself but.....
2517

required field - 08 May 2009 16:25 - 154 of 369

aaaaghh !.

required field - 08 May 2009 16:27 - 155 of 369

Nonsense sell note...really ridiculous...Costain has a heck of lot of cash and is earning big time..might effect the sp for a day but as long as the market doesn't tank this should be good for the upper 20's sooner or later !.

optomistic - 09 May 2009 12:19 - 156 of 369

With 100 mill cash and no significant borrowings with a huge forward order book I would say that Costain is more of a hold/buy than a sell.

Joe Say - 10 May 2009 08:59 - 157 of 369

A sell note - are they on planet earth ?

required field - 08 Jul 2009 09:45 - 158 of 369

It might be all doom and gloom at the moment but this little gem is gaining contracts all the time...they will have to be taking on staff to cope with the backlog of work...should be way above 30p this !.

required field - 09 Jul 2009 16:00 - 159 of 369

It's up....can it break free of it's shackles ?....stuck in this this 25p-26p range...

Joe Say - 09 Jul 2009 18:43 - 160 of 369

time for another sell recommendation no doubt

halifax - 09 Jul 2009 18:57 - 161 of 369

look at the market cap compared to the nav that may explain the sp.

required field - 09 Jul 2009 22:54 - 162 of 369

Well, I reckon that this is undervalued...don't forget that it gives a dividend....loads of cash in the bank...gaining big contracts all the time....from what I gather precious little debt or none at all...not very much exposure to the housing market, but a lot of good government work coming along...main market...Isable....(I'm starting to sound like a Costain salesman !).
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