Member Info for gregpeck7

Changed when they renewed the contract. Jury is out for me. This well should be reported on by now. I may well be wrong but I think we may be seeing amateurs here on the rig. Should have tapped up the old crew.

I suspect the current market may well do it. This surely will be seen as a safe have. Type stock. I also think results do get taken notice of strongly but reaction can take some time. Not the chunky buy at full ask today. Think this is gonna go on a nice run soon .

Discounting cash you are basically saying a strategic govt partner with billions on contracts and billions more no doubt coming. Especially in transport and energy. Is worth nothing. This is just crazy! Feel like this whole sector will rebound

Costain Shares Look Good Value After 1H Results

0822 GMT - Costain's shares look simply too cheap given the value on offer and the amount of cash on the balance sheet, Liberum says. The smart-infrastructure group's 1H results were largely in line with expectations, but cash generation--which is key to infrastructure companies--has been excellent, Liberum analysts say in a note. The order book fell to GBP2.7 billion at the end of 1H from GBP3.4 billion at the end of 2021, but management is confident of a stronger 2H, Liberum says. "We expect 2022 revenue to increase 10% year-on-year, helped by HS2 and the Regional Investment Programme [Highways England contract], and inflation," the brokerage says. Liberum retains its buy rating and 80.0 pence price target on the stock. Shares are up 7.3% at 42.4 pence. (joseph.hoppe@wsj.com)

Shows one of the pack taking profits though. The other rats won’t miss that.

Citadel starting to reduce their short position here.

They are probably not overly happy increasing here but they are trying to get as many sellers as possible. Some of these shorters will start breaking rank soon.

Just look at asos chart. It’s been hammered as well. This is sector wise not just boo. Personally think a bounce is coming as this is getting ridiculous now.

Watch this space.. Popcorn needed.

Bidding as high as 10.92....

Shorters will be banking profits now at these levels that is for sure.

12 - 14p could come IMO. Interesting watch.

Here it goes, well done to those that held!

If 10p goes there aint much resistance to 11 / 12.

For the Record L2 is on the flip... To the buy side IMO.

If you mean COPL yea that’s crap. Nice new account btw

Existing shareholders, this is a s**t show. Tombi, I think you have a point. I think it may well be that they make this work now, but for the new entrants. What that means is having a lo w average. Anyone who is upwards of 0..5p should get their average down and this may work out. But this is basically the shafting of existing shareholders and letting the bondholders see the equity upside...

I think this gaps back to 650 - 700 pretty fast. There wont be a huge amount of time to buy at these levels.

Looks good to consolidate and recover now.. always DYOR

A few more director purchases coming in.