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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
I’m sure however it’s reality now. the war in urkraine has been normalised so quickly when in fact the implications are huge. there’s already chat about winter gas prices, china has a limited timeframe to act on taiwan or it will never get it.
i’m think at least £1.50 anyway short term, nect four months
All sorted and shares issued, price now at 35p so drop today
I'd just wait, in the next 24hrs they should square it all away as announced
Not now but I will invest more, timing again not sure bucket costain will have a huge bucket of work just timing on recession.
I still think a recession is coming, harder times for sure but I also read of billion pound contracts needed to change uk. National grid have issued for interest in 9.3 billion pounds contracts on offer. Utilities full stop, billions and billions.
Plus no debt, all about what next and they want to go close to home I think