Member Info for iliyanvelikov

Mental how a JP Morgan downgrade can have such an impact. It was already looking great value at 250p. I bought some more at 202p

Results weren't great but 17% down after it being around 20% down before that from all time high does strike me as oversold

Bought some at 27p yesterday. In hindsight I should have maybe waited until the pullback today. Great potential so may average down.

Why did it open 10% up? I can't see any RNS

I sold mine. Was expecting more to be fair after the FY results. Seems fairly priced at these levels to me. Will have it on my watchlist if it goes down a lot

I topped up at 122. My largest holding at the minute

Bought some at 1220p. Seems ridiculous a 25% drop

I added at 313p as well and likely to keep to 290p or os

How do you know there is an overhang?

I topped up here today. The SP Drop seems overdone in my opinion based on the results

Anyone any idea why this has dropped so much?

I have topped up myself today at 900, seems good value now, I previously sold it at around 1050

I bought at 1470p today. Seems way oversold.

Yeah, I topped up today as well. I believe the drop is caused by Renew's update which has them 20% down. Would be good for Costain to provide some sort of trading update soon to reassure everyone.

I also took profits today. Been holding since it was at 500p. Seems a bit too expensive to me currently even though last updates were all great.

The big sales are still ongoing. I was thinking the momentum will go the other way after this update

Don't know if I am missing something here but the results didn't strike me as that good to be 8% up?

Topped at today as I can't seem the understand why the drop in SP again and looks attractive at these prices.

I am in on it too now at 22p, looks oversold to me.

Yes, I am confused by the reaction too. I couldn't see a statement if they trade in line with expectations which can cause some concern but the rest seemed ok to me.