We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Unvrkw, agree it is totally undervalued but so is so much of the UK market and has been for so many years.
Who cares how and why lets just see the share go up. its been along time as it slowly rights itself and firstly gives the divi and then an sp gain. i need a fair chunk more yet but it will come as its well undervalue if perf has been reinstated and brought back.
Panderman you can say that again!
Personally a copy of the FT and a dart I find is more reliable these days
With or without Questor must have a good chance of reaching 80P in the coming weeks.
It says they ended last year with £194M net cash InvestorTim.
You maybe to buy the Telegraph and read the Questor column.
Questor, thats the kiss of death!
Sounds promising, although market cap currently around £190m?
Costain have just been tipped as a buy by The Telegraphs Questor column.
"Questor share tip: investors currently value Costain’s operations, which are forecast to make £40m in pre-tax income, at just £25m"
https://www.telegraph.co.uk/money/investing/questor-costain-low-priced-stock-bright-future/
I wonder if the seller has been cleared?
Seems like the persistent seller is still around. Shame the shares could not have been placed in one go.
And has our seller now cleared and leaving the door open for some results and new contract deserving rises?
Huntingdon wasn't a by-pass but we know what you mean...
The only issue on the award is that it isn't really clear what slice we will get. Looks like a lump of pipework and some management.
But will the contract be profitable? Huntingdon by pass anyone?
The Mail picking up on BP teaming up with other big names including Costain and the green credentials of the project.
What with the recent multi year Northumbrian Water contract, forward order book and the cash Costain has on its balance sheet the undervalue has never been so apparent and it should be a much higher. 3p only for todays news. Really !
https://www.thisismoney.co.uk/money/markets/article-13198183/BP-4bn-drive-turn-Teesside-green-energy-powerhouse.html?ico=mol_desktop_money
Https://www.pbctoday.co.uk/news/energy-news/costain-4bn-carbon-capture-project/138026/
Well we didn't have to wait long for what is hopefully the first of many. Sizeable win and that forward order book is getting fuller by the day.
https://www.lse.co.uk/rns/COST/key-partner-for-landmark-carbon-capture-project-r5rrbproj5oa3tf.html
Roguemale,
Most people on here would agree with your comments.
It needs to be a quid minimum. 80p doesn't pay for 4 years faith and patience. Dont fprget long term IIs are sitting on a high old average and a rights issue. I would hope they agree that it needs a new CEO first,- a bit of action and this would be more than that without a takeover..
Many thanks...I wasn't able to listen.
I too think it’s a bid target.
The analyst call was embarrassing with how many asked about dividend/excess cash.
Their response was also warm to the idea of a takeover.
You never know. 80-90p could snatch it.
There was a good question in the Q&A Eusabius which you might have missed at 17mins and 45secs.
Can you give us some idea when we might see some contract wins. We've seen some contract wins from Kier and Galliford Try. What cadence of RNS's do we expect to see between now and next results?
Alex Vaghans reply "Yeah a very good question. We've obviously made some announcements on some wins, this year, or last year which has been really pleasing. We expect to be making further announcements. Over the next 6 months we should be making announcements around Energy and the progress we are making, around AMP8, water and building on the success of the Northumbrian water win that we had at the begining of this year, and also then rail and looking at some of the projects we are tendering on at the moment and the fact that we are in the procurement cycle on those. We would expect a number of announcements to come through. I think its also.., one of the other things that we are good at is that we unlock opportunities from the frameworks that we have already secured. We've got a large number of frameworks that we have secured. We are every single month unlocking opportunities from those which we don't publicly disclose, so contracts for people like for Transport for London, for Heathrow Airport.. people like that, we are unlocking that. But to come back to your question you can expect as we come through the next 6 months to see a number of awards coming through
I managed to get an ISA top up today as I have this as one of my number one bid targets due to it being highly profitable, having visibility already over such a strong forward order book, and of course all that cash.
The Divi indeed. Clarity on early pension fund sort out needed, and that won't be until June July probably based on previous.
A large holder on advfn board makes some very good points if you are on there.
Ha-ha, though given the size of some of the trades this week, I wouldn't be surprised to see a holdings RNS.
Opps, my mistake, I must have been looking at Chrysalis Investements
Ignore my last message.
There is no RNS about JTC Employer Solutions Trustee Limited selling