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?

The graph says it all.

Good rise today....might go as far as the mid thirties.....well worth that !.

OK ..come on, who put the 1 share trade through...bit risky that...

Growth Company Investor - Buy recommendation

http://www.growthcompany.co.uk/recommendations/1063617/costain-cash-and-contract-rich.thtml

On the move again...nice rising graph....excellent upwards trend.

Yes doing nicely, I sold out a couple of months or so ago and bought NGL since sold @ a profit, always thought (still do) they were too low, may get in again at some point. Good luck all holders.
2517

Well my little favourite here has passed the 30p mark...go boy go!.

Paul Hill tips COST in the 'Moneyweeks roundtable' today, just 1 of 12 stocks that will weather the storm.
2517

Well this looks the point (see 171 above). sp not seen @ this level for a long time, ok their order book may well be trimmed back, but look interesting again now.
2517

Given the contract today, 50p can be acheived this year IMO

Just can't seem to get going...at this rate the vaue of cash in hand will exceed the market sp ...soon...CRAZY !....the marketmakers are just going to have to price this right up....this sp is nuts...

I mean the market cap...sorry....

Opened a long here in Costain COST.

Both Fundies and TA look positive at the moment.



Costain Group

Strong Buy... 40p SP target.... 63.3% Upside..... Broker... Arbuthnot Securities

Just picked up a dividend, it looks a good one....I see Yell have been rising in the last month or so...

Yep got both.

i think TW is probably a better bet ..... good chart break out
also hold BDEV, but also like PSN which i don't now hold but on which i made a good profit

WOS is also an interesting one for this sector, which must surely be one for strong recovery in the coming months

Probably already seen.

Costain profit falls, increases divi

Date: Wednesday 10 Mar 2010

LONDON (ShareCast) - Engineering and construction group Costain revealed a decline in annual pre-tax profit after it was hit by increased pension interest charge.

However the group cheered investors by recommending a final dividend for the year of 0.55p per share, up 10% from the previous year.

Profit before tax fell to 18.1m for the year ended 31 December from 23.1m the year before. Revenue for the year increased to 1.1bn from 996m previously.

On an upbeat note, Costain said it was confident about future trading.

"We are confident that our position in markets underpinned by strategic capital expenditure, regulatory commitment or essential maintenance requirements will continue to stand us in good stead."

Got TW Cyners. Cracking rise today as was Cape.

Doing my weekend screener at the moment , only one duffer from my new system and the lolly is rolling in.

Hope we get through the election and hung parliament Ok.

Brokers very supportive of COST.

Will post sunday.

One of the reasons ive gone long on COST was this data that I dug out on the SC website relating to the order book for Costain and also future growth, both these Brokers paint a very bullish future......

10.03.10 :-0.25, (24.5) Costain has produced a solid set of FY results, says Panmure Gordon, with the adjusted pretax profit slightly ahead of consensus expectations and the 10% increase in the dividend/share an indication of confidence in its prospects. Keeps buy rating, and 29p target price, citing strong market positioning in infrastructure, energy and environment, supported by one of the best order books in the sector.

10-03-10 10.03.10 :-0.25, (24.5) Costain's FY '09 results are comfortably ahead of forecasts says Arbuthnot. For the current year to December '10 lifts pretax profit forecast to GBP20.5M from GBP18.5M as the loss in Community is much reduced and the IAS19 pension scheme net interest cost is reduced to GBP2.4M from GBP4.8M. Although the prospects for public spending continues to cast a shadow over the sector, says Costain has exposure to growth areas that are reasonably immune and focused on areas of less discretionary spend. Has a strong buy recommendation and 40p target.