Member Info for mikaere

Quite a retreat back into the 1200s.

The SP clearly got ahead of HSBC's fundamentals.

SP is likely to track in the 1250 to 1275 range until we see the final results for 2025.

If the dividend yield doesn't increase on the back of positive results, the SP may well retreat further.

I suspect the floor would be around 1150.

Still a hold as performance will almost certainly improve over the remainder of this decade.

The strength of buying behind the SP rise on 13 February suggests that someone with inside knowledge is very confident that Coats will report very positive full year results in early March. I would not be surprised to see the SP move quite quickly towards 100p over the course of the next 12 or so trading days.

Unless there is a significant lift in dividend, this surge in the SP will almost certainly run out of puff. Yes, 1250 p looks probable, but 1300 is, in my view, a bit too ambitious. I am not selling, but neither am I buying.

SP looks to be on the move on the back of some solid buying. This quite often happens in the lead up to the release of Coats full year results. But this year, the January lift in SP has a very good feel about it: a sense that patient, long term shareholders are going to be rewarded, at last, after an extended period of strategic repositioning, capital raising, and acquisitions. Before the end of Q1, the SP may well breach 100p again and then stay there. My pick is that over the course of 2026, the SP will lift above 105p and thereafter sit in a range of 105p to 115p. I would be surprised to see it get higher than 115p during 2026. Longer term? 145p by 31 December 2030!

Forget the recent blip.

I doubled my holding around the 645p mark.

Should have bought more.

Not selling what I hold now.

I have, for a retail investor, quite a large holding. My partner also has a similar sized holding.

We are not selling.

This share has a long way to go over the rest of this decade.

Market seems reluctant to let it drop too much under 90. I had thought the price would fluctuate around 92/93 p until full year results are announced. That seems to be the annual pattern: boom after interim results, then a drift. All the brokers' forecasts are for a rise. I actually think that the share is a bit cheap right now.

More smart money. Hang in there, everyone. This share will continue to climb well into 2025.

More smart money. Hang in there, everyone. This share will continue to climb well into 2025.

The smart money was on the button!

The smart money suggests that Coats may be a stronger buy than we everyday punters believe. Today (Monday 13th) has seen 3 million shares change hands, mainly off book, at around 86.5 pence. Quite aggressive buying for Coats shares. I believe that money is looking to the future. Coats is very well positioned to dominated the high quality/high value end of the threads market. My own pick is that it will be the Performance Materials division that will shine over the course of this current decade.