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?

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

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.

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

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

ok, good day today, the way it bounced off 46 was very bullish imo.

showed a bit of strength considering more sells than buys. still need to get buyers back but await results.

a bit of strength slowly coming in can we break 50p -results not far off!.

Its going to try 50p again!!!!

am convinced swift rise to 60 if we break 50

hope so!- are we the only holders of costain on this thread ellio?. results could lead the way if positive.

now can we hold 50p second time around?- nice build up to hopefully positive results would be good!.i

Well we got a break, not quite there yet really but looking much better.

I think we are currently the only followers, which isn't surprising considering the excellent opportunities elsewhere, however, I don't like to have all my eggs in one basket and am probably a bit heavy on mining and oil stocks at the moment so Cost is a bit of welcome distraction! still I believe if they restore divi, cost is an excellent long term hold. Also mowlem has been taken out, so could cost!

Would love to think that it could be taken over, but surely there are still the Malaysian shareholders who came to the "rescue" back in the dark days.
Not quite sure what proportion of the equity that they hold, but at one time it was substantial.

Still 50p is great, but the value is very much more, just look at the forward order book and hopefully really good results to come. A dividend, well I hope so, but I think you may have to wait a while yet.

My 2 cents worth.

regards

Peter

Thanks Peter,

My guess is that if an offer was made the Malaysians might well take it!

50 on the offer, we are consolidating above 48 good!

COST results tomorrow, up in anticipation or because they'll be good?

both hopefully !- expected to be inline though.

I would say so, think the divi is the deal breaker, if they still don't announce one, may fade for a while, if they do will push on quickly imo.

If they announce a divi then 60p + is on the cards, but no Divi & back to 45p.

Well that's a disappointment, jam tomorrow - again

eh- looks good to me!?