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I’m not buying anything. apart from some fomo based bull runs it’s clear the economies and markets see poor times ahead. this certainly isn’t a dec equity loss only, the market deserves nothing and cash is king!
dec need cash to ride out 18 mths. all businesses do and many will clearly go pop.
Really like this share long term. i don’t invest in high value, over priced tech. if these guys choose right it covers my portfolio base in tech which otherwise i leave and hit commodities. really glad they take a prudent approach
Great business, macro tells me this isn't the time to invest but that's across the board for me, one day i will buy a lot of these shares as a long term investment, i like the portfolio of work, watching
The capital funding market is absolutely huge going forward and the biggest risk is the experience and labour to do it. plus can the gov, regulators push all the costs upon customer as we are as a country in so much debt. billion in water, nuclear, power generation coming
i've been in costain along time. i bought some more two weeks ago at 53 p as at some point the vol business will transfer into cash because they seek out higher margin, guaranteed business.
the few cases implying a loss on the order book are minimal, i think they are re-aligning and its a positive, overall picture
Well that was my theory. knowing the market was no doubt going to turn to harder times but wanting to still invest a % i went for the higher, longer term divi stocks so i continue to pick up more than inflation across my portfolio rather than being in a bank and i'll take the capital loss for now. next divi announced, same amount
The market is broken, the economy far worse and starting to edge towards free fall
The report says;
“We were contracted to work on a consultancy basis and so the Council’s decision to suspend the scheme will have no material impact on Costain or our future order-book
i think this will become more and more a standard comms as inflation bites, gov funding bites and everyone is starting to make choices of what can and cant be afforded. i also know there are huge projects coming through across the uk from all utilies and more in the next five to six years which will need a huge number of contractors on board. costain wont be short of work, i'm half expecting them to get bought
These contractors are now not looking for revenue but margins and more money. the amount of work out there now is huge, massive projects across the uk patch and gov will continue to fund to support sectors and remove recession fears too. there is huge swales of work so they start picking and choosing far more like the rest too
So I've now got two sets of shares. i've standard and preference shares which i assume are connected to the legal case and take the payment if given? exactly the same amount, there not being traded but sat in my sipp account at the moment.
Maybe china didn’t want a vaccine for covid and i’d suggest any thinking that suggests they aren’t capable needs to be careful. china knows how to make hypersonic missiles, they’ve completely played the western world last twenty years as we fed of cheap products, destroyed and removed our manufacturing and resilience to leave ourselves with nothing and such a lack of productivity uk, especially eu, usa doesn’t stand a chance. they’ve been playing the long game for a long time already
Yes i expect the rise first, now, next few months and then at some point when it all hits the top and everyone is piling in the drop of 80%. everyone knows it’s going up and down just timing and order of play