RE: What's happened to Costain?20 May 2022 17:42
Thanks for the reply Roguemale1.
You are right, I missed that Kier is similar graph wise during covid.
GFRD had a rights issue in 2018.
Kier had a rights issue in 2018.
BBY had a rights issue in 2019. (acquisition purposes)
Costain rights issue in 2020.
MGNS has no rights issue. (from my research)
Costain looks undervalued to me, just surprised the trajectory of competitors were better. Perhaps it's just due to bad management. I didn't realise bad management could be this impactful, perhaps it's also just bad luck!