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?

Broker upgrade to 56p
And the rest please.
These contracts just keep on coming
Peter


AFX 9-06-05


LONDON (AFX) - Costain Group hardened 3/4 pence to 49-1/4 in response to news that the company has been selected by Bristol Water as its preferred partner on its AMP4 programme under a five year framework agreement.

The programme will include Bristol Water's treatment works, reservoirs, trunk mains and pumping station improvements.

Costain said the capital value of the contract to Costain and its supply chain partners, Purac and Black and Veatch Consulting, is some 50 mln stg over the five year period, subject to performance reviews.

Numis advised clients to 'add' to their holdings, with a price target of 56 pence. The house believes that the strategy at the group remains firmly on track, and the stock remains one of its preferred picks in the construction sector.

fjb/ec

i hear broker arbuthnot has issued a buy rec on cost today - does anyone have it and can they post it?.

seem to be hovering around the fifties- some positive news to accompany recent positive news may do it?- they are not even mentioning contract wins under 70m. as confirmed on cost website. figures set to be better 2nd half of year to incorporate vast contract wins.

solid results- positive growth and a dividend in 2006 bodes well for future with this new structure.

what is going on with cost at the moment?

If it gets near 40p, then I'm back in for a lot more.
So undervalued, what on earth is going on
Peter

Seems to be one of those companies that The Market never forgave.My old stockbroker referred to COST as "that old dog....a rubbish share"!!!!!!!
Very sad to see such a survivor doing SO well yet being ignored by investors.Sometimes I find it hard to believe why some companies do not inspire confidence despite the financials proving otherwise.
Still,there must be 10p profit in there????
Ethel

ethel- perhaps your broker should view the 5yr chart for cost- encouraging!.

another nice contract win for cost today- with the mkt acting in its usual way i.e doing f all?. beyond me. perhaps if cost had a major disaster we would see a rally?.

The whole way the MM's look at the share price of Costain really beggars belief.
Getting close to my topping up price anyway.

Peter

Maybe their profit margins are too low for many people.Plus,is'nt there a new man at the top or am I confused?Too tired to check.Is the pension fund in a horrible state?
But the fact remains that there are some cos that the market never really forgives,even if they have recovered.
This is a bit crazy,a company with forward orders worth millions yet the sp is stuck in this silly 40-50p range.Woolworths is stuck in this sort of 10p trading range.Who wants to trade this sort of share?Short term traders.This does'nt reflect any confidence in the future.What does someone know about COST that we don't know?
Will there be work in Pakistan for them?
Lots of questions....
The five year chart does'nt show increases in pounds like some companies I could mention.

i don't know what it is but it is not just costain that is doing nothing- vast majority of my portfolio is either static painfully slow AND moving down?- need some excitement !!!!!- i guess it could be rubbish stock selection?.

Numis out with broker buy note for costain and rok property prefered co's in sector add for balfour. price target for cost 58p. note 17/10/05

excellent news on the spanish land acquisition- also numis reiterates buy rec. also stating potential for dividend in 2006.

yet again more contract WINS for costain the preferred bidder.

guys, I am new in COST, but look like it is going to up up again soon, any comment?

cheers
sw

hope so swseun- next results will be interesting. did you see cost tipped somewhere to buy or like the rest of us like their potential?.

only encouraging news from cost -no mkt reaction as usual?.

would be good if we could break 44p level.

positive start- spoke to cost and they are looking at dividend payments so hopefully will get some news in 06 also pensions.

need some good results to push through 50p. which is looking good at this stage.