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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 - 02 Nov 2005 12:05 - 21 of 369

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

lizard - 16 Nov 2005 09:39 - 22 of 369

yet again more contract WINS for costain the preferred bidder.

swseun - 05 Dec 2005 00:31 - 23 of 369

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

cheers
sw

lizard - 05 Dec 2005 11:31 - 24 of 369

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?.

lizard - 09 Dec 2005 15:04 - 25 of 369

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

lizard - 12 Dec 2005 12:32 - 26 of 369

would be good if we could break 44p level.

lizard - 03 Jan 2006 09:45 - 27 of 369

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.

lizard - 03 Jan 2006 12:22 - 28 of 369

tipped in telegraph for stocks for 2006.

top share- costain

top sector- construction.

lizard - 04 Jan 2006 11:51 - 29 of 369

good start hope we can start a positive run now?. when are the olympic contracts awarded that could be a further boost for cost?.

lizard - 07 Jan 2006 13:03 - 30 of 369

some big trades going through at fridays close- next week?. better week.

ellio - 09 Jan 2006 12:01 - 31 of 369

edging ever closer to 50p, breakout!

lizard - 12 Jan 2006 21:34 - 32 of 369

let's hope so ellio- look as though update went down ok so far.

still far too low imo.

lizard - 16 Jan 2006 13:42 - 33 of 369

nice contract win rns out today 400m jv agreement.

ellio - 19 Jan 2006 10:29 - 34 of 369

Personally, I think they are being held back prior to the interim results, if they declare a divi, rerating could be on the cards if they don't may drift sideways at this level until the next update, in any event 50 p break may signal that the results/content is going to be poisitive.

From another angle how long can Costain continue as an independent surely one of the many UK or international contractors may start to see Costain as a favourable bolt-on, aquisition. Alternatively they may decide to bolt-on a smaller contractor.

When you sit down and analyse Costain they look very attractive on numerous fronts

lizard - 19 Jan 2006 11:04 - 35 of 369

agree ellio- if they could resolve the pension thing and offer a dividend it would make a more attractive buy for investors.

not the only co with this issue but i think long term others will follow rentokil now coop strategy on alternative arrangements for final salary pension.

forward order book looking encouraging though.

lizard - 26 Jan 2006 09:19 - 36 of 369

will cost get a slice of the nuclear building pie?- viewed their web and highlighted in company magazine. in a position to decommission old and build new. already active in this sector.

ellio - 01 Feb 2006 15:37 - 37 of 369

late push for cost, 50p break will be good

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
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