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?

Hi,
I have a dispute with my broker as they closed all my CFD opsitions by mistake, assumed that Costain was consolidated on Friday, so the margin call.

They refuse to do anything, giving wrong record of what happened!!

Can someone advicse me what to do. FSA investigation may take eight weeks!!!

Is there any solisitor or organization to help me?

Many thanks,
Ahoj

Ahoj - I'm not sure I see how the consolidation caused a margin call. If you had 10,000 shares @23p pre-consolidation, the cost was 2,300. Post consolidation you have 1,000 shares @2.30 - cost the same - 2,300.

Costain Skanska JV awarded second Crossrail contract

Costain, in joint venture with Skanska, announces that it has been awarded a second contract by Crossrail, as part of its enabling works framework, for the construction of the Pudding Mill Lane Portal.

Pre consolidation the sp was trading between 22-24p, now it's the equivalent of 19.5p tempted to get back in at this level, but that can be said for a good many co's atm.
2517

Everything is down right across the board for me except the falkland ones....will we ever have a sustained recovery on stocks ?....got to be coming sooner or later...

Costain wins ECI contract for Lancashire Council


TIDMCOST

RNS Number : 3854M
Costain Group PLC
24 May 2010

?
COSTAIN GROUP PLC
("Costain")

Costain wins ECI contract for Lancashire County Council

Costain announces that it has been awarded an Early Contractor Involvement (ECI)
contract by Lancashire County Council (LCC) to develop and construct a major
road decongestion and regeneration scheme.

The scheme will link the A589 Morecambe Road near Torrisholme to a fully
remodelled junction 34 on the M6 motorway near Halton. The total cost of the
scheme is GBP139m.

The contract includes supporting LCC in taking the scheme through the statutory
process, including a Public Inquiry, together with developing the design and
construction of the scheme.

The route is a 4.8km long two-lane dual carriageway. Around 20 major structures
will need to be built including bridges over the West Coast Mainline railway,
Lancaster Canal and the River Lune.

Commenting on the contract award, Andrew Wyllie, Chief Executive of Costain,
said:

"We are delighted to have been awarded this ECI contract which further
underlines our position as a market leader in the construction and maintenance
of highways in the UK."

" Around 20 major structures will need to be built including bridges over the West Coast Mainline railway,
Lancaster Canal and the River Lune. "

These structures can run away with cash...hope 139 mill will be enough to leave a good profit.

Costain wins Bond Street tube station contract



TIDMCOST TIDM40CT

RNS Number : 7422Q
Costain Group PLC
09 August 2010

?
Costain Group PLC
("Costain")

Costain awarded Bond Street tube station upgrade contract

Costain announces that it has been awarded, in joint venture with Laing
O'Rourke, a GBP130 million construction contract to redevelop the London
Underground's Bond Street tube station in central London. The total cost of
redeveloping Bond Street tube station is in the region of GBP300 million.

The contract was awarded by Transport for London (TfL) and is part of London
Underground's Tube Upgrade Programme. The expanded tube station will join with
the new Crossrail station at Bond Street to form one overall station.

More than 155,000 passengers currently use Bond Street tube station every day, a
figure that is expected to rise to over 225,000 with the arrival of Crossrail in
2017.

The work will focus on the north side of London's retail hub Oxford Street to
boost capacity and create step free access to the station. Work is due to begin
in the autumn.

Andrew Wyllie, the Chief Executive of Costain, said:

"We are delighted to have been awarded this contract in the heart of central
London, which further builds on our two recent contracts with Crossrail and
again demonstrates our skills and capabilities in this area."


9 August 2010

A pretty grim chart. Reasonable divi yield at 4.7%.

Interim Results.

.

Harry - I'm still undecided on these. I will probably buy if they hit the mid 190s.

Me also. Last time at this price was 2002, but has been even lower. Am watching but not confident of a recovery yet.

According to Selftrade the market cap is 122.85m, yet COST have 10m more than that in cash.
2517

Oh well - back to waiting!

Uncrossed @210 +7.1% hmmm

More to come?

Don't forget today was a BAD day.

As the results sink in I would expect further buying

The results were reasonable under the circumstances, but not exceptional. The pension fund deficit: "The deficit in the Group's legacy defined benefit pension scheme as at 30 June 2010 was 56.3 million net of deferred tax" is crippling.
Traders will play this for a while, imo, then back to reality.

you should look at the overall position on the pension deficit - a substantial improvement over the period.

guess you're either a journalist or an MP

Got this via my "Digital Look" email yesterday
From the "Times" on 26th

IMV will reach 250p vey soon and after the November spending review ??? Who knows.

Costain maintains about a third of this countrys motorway network. Those who have spent any time in the slow lane wending their way through roadworks may find its ambition to build nuclear power stations alarming. But this is unfair; the contractor is one of those bidding for the next generation of stations, and it is exactly the sort of added-value design and engineering work that Andrew Wyllie, the chief executive, has been repositioning the business towards since he arrived from Taylor Woodrow four years ago. Progress will be slow, but one to tuck away to see if those ambitions can be realised, according to the Times.