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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

lizard - 01 Feb 2006 16:21 - 38 of 369

i have 48p as resistence i think the reason for it trading slowly. through 50p would confirm a breakout!

lizard - 02 Feb 2006 09:46 - 39 of 369

we need some buying the spread is geared to try and push through resistence.

ellio - 06 Feb 2006 10:44 - 40 of 369

major resistance at 50p, just bounces off it every time

lizard - 06 Feb 2006 11:36 - 41 of 369

i think the resistance was around 48p mark ellio- i think this is just a psychological level in trading terminology. it is getting there!>

ellio - 06 Feb 2006 13:09 - 42 of 369

yes you're correct, 50p would confirm

lizard - 06 Feb 2006 13:57 - 43 of 369

50p+ for break out!

ellio - 06 Feb 2006 16:02 - 44 of 369

hoping

lizard - 17 Feb 2006 10:30 - 45 of 369

I HOPE WE GET A DECENT RUN UP TO RESULTS?.- i think it was mentioned that second half figures should be much improved as contracts were geared from this time.

ellio - 17 Feb 2006 12:10 - 46 of 369

hope so, 48p is painfull

ellio - 17 Feb 2006 12:15 - 47 of 369


The year has seen significant contract wins especially in water and roads. In
water, where Costain has a market-leading position, a number of the five year
framework water contracts have the option of being extended by a further five
years. As at 31 December 2005, the Group had a record forward order book of
1.9bn.

ellio - 17 Feb 2006 12:17 - 48 of 369

Amec or others may come-in for Costain, they would be easily absorbed by many of the international contractors, similar could be said of others of course, but Costain should be nearer 60p imo, hopefully the results will agree, we shall see and hope!

lizard - 20 Feb 2006 14:32 - 49 of 369

?.

lizard - 20 Feb 2006 14:32 - 50 of 369

ellio- we need something to put life into this bugger!. i see the potential there but obviously the mkt doesn't at this stage. results need to be encouraging.

ellio - 20 Feb 2006 14:43 - 51 of 369

I'm hope they are good as there is major resistance at 48p, makes me want to pull out! but am hoping it's being held for a reason?

lizard - 20 Feb 2006 15:23 - 52 of 369

i'm riding the storm until results if not positive will move on.

ellio - 20 Feb 2006 15:56 - 53 of 369

if they announce a divi, it'll motor, possibly 80p in short term, hoping for 65p near/after results, there's optimism for ya

ellio - 22 Feb 2006 20:33 - 54 of 369

looks positive actually, tested 46p twice, good support, may push on from here?

lizard - 22 Feb 2006 22:16 - 55 of 369

lets hope so ellio- very tight range here!.traded 50p in recent run. i suppose we have res at 48p and 50p is an important psychological level in trading. may need some news to break key levels.

ellio - 23 Feb 2006 09:33 - 56 of 369

agreed, bounced nicely again though to 48'ish, when are results due, march?

lizard - 23 Feb 2006 09:48 - 57 of 369

i had an email from clive franks costain announcement to preliminary results wed 15th march.
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