Costain - up 47% this year and still cheap - more contract news
Mark Watson-Mitchell - 12.11.2025 I am grateful to Aaron Morby at Construction Enquirer for the latest bit of news about Costain (LON:COST) , my favourite infrastructure group. It could well explain why the group's shares have been moving forward over the last week or so, now up to 156p, making a near 47% advance in price over the year to date. Morby noted that Costain had joined the £800m Eastern Highways Alliance framework, stepping in to replace Morgan Sindall on the refr
James Cropper – with Interims due next Monday, new CEO will show his ‘recovery strategy’ is working, shares 300p, brokers Target 500p
Mark Watson-Mitchell - 11.11.2025 Â Next Monday, 17 th November, James Cropper (LON:CRPR) , the advanced materials and paper and packaging manufacturer, will be announcing its Interim Results for the six months to end-September. On looking at what is happening within the 180-year-old group, I would suggest that the shares at 300p offer a very attractive upside over the next couple of years. New CEO And Strategy In February this year, the Kendal, Cumbria-based group appointed
Volex – brokers looking to ‘revisit’ estimates after this Wednesday’s Interims, shares 365p
Mark Watson-Mitchell - 10.11.2025  It will be interesting to note whether broker’s analysts change or even upgrade their estimates for Volex (LON:VLX) upon publication of the group’s Interim Results this coming Wednesday, 12 th  November. Just over three weeks ago the £686m-capitalised company, which is a specialist integrated manufacturer of critical power and data transmission products, declared in a Trading Update that it had enjoyed a strong first-half result to end-Sept
Shearwater – today’s results see broker increasing Target Price to 90p, shares now 58p
Mark Watson-Mitchell – 11.11.2025  Shearwater Group (LON:SWG) , the cybersecurity, advisory and managed security services business, has this morning announced its Final Results for the 15-month period to end-June. They showed revenues up from a restated £24.4m to £39.5m, with adjusted pre-tax profits of £0.6m (loss of £0.6m), lifting earnings per share six-fold to 3.0p. The debt-free £13.8m-capitalised company held £5.1m in cash – which is a very impressive Buy signal as far
10,000 or 50,000 – which will be breached first? And will it be this year?
Mark Watson-Mitchell – 10.11.2025  Perhaps it was the suggestion by Donald Trump that he was thinking about giving everyone in the States the sum of $2,000 as extra spending money. Perhaps it was something else that suddenly charged up the markets today. Whatever it may have been – the effect has been electrifying. The FTSE-100, as I write is up over 98 points on the day, after topping 103.90 points, a very healthy one-day gain in such nervous markets. That peak was at 9786.
Shearwater Group – tomorrow’s results will indicate recovery is underway and could show how cheap its shares are at 58p, brokers TP 78p
Mark Watson-Mitchell – 10.11.2025 Tomorrow morning, Tuesday 11th November, will see the £13.8m-capitalised Shearwater Group (LON:SWG) announce its Final Results covering the 15-month trading period to end-June. I believe that they will show that the cybersecurity, advisory, and managed security services group is showing some decent corporate recovery. Its shares at 58p have performed quite well since May, when they were just 30p. Will tomorrow’s statement guide for ongoing pr
Chemring's growing Order Book, while profit expectations on course, shares 545p, Finals due in a month
Mark Watson-Mitchell - 10.11.2025 The £1.54bn-capitalised Chemring Group (LON:CHG) has this morning announced that it expects its FY25 adjusted operating profit to be in line with analyst expectations. The group has stated that it anticipates that its adjusted operating margin will be around 14.7%, driven by strong performance in its Energetics side, which offsets softness in the Sensors & Information division. The company's net debt is projected to be around £95m, while not
Carclo – Up over 128% in six months, shares still looking cheap at 65.10p, new SQC TP now set at 80p
Mark Watson-Mitchell – 07.11.2025  We have seen this group’s shares up over 128%  since the SQC April feature – and there is more to come yet! In the next week or so, I am expecting that Carclo (LON:CAR) , which is a trusted global partner delivering high-performance components for life sciences, aerospace, and advanced industries, will be announcing the date of its Interim Results to end-September. The £48m-capitalised group’s AGM Trading Update, issued in late September,
