Kier Share Discussion Threads

[klotzak] 15/4/2024 12:34

Hope this rise is now sustainable.

[bathboy2] 11/4/2024 08:30

Anyone have an idea of Kier's current headcount , and any uplift in salary the current wages review

[gerhart] 09/4/2024 14:53

After waiting years for a return to Divi, I think we have already gone Ex-d before we even get a qualifying date to be on the Reg for it! Lol

[xamf] 09/4/2024 13:30

Just topped up yesterday and again today. Fundamentals aside, I'm banking on good support at this level.

[itisonlymoney] 09/4/2024 11:03

most of kier's contracts come from the framework contracts that it's on. about £10bn worth of projects currently. an absolutely massive pipeline of work.

[bathboy2] 09/4/2024 08:53

Frameworks don't always relate to real work won , and it is now being split by smaller , more specialist firms

[itisonlymoney] 08/4/2024 15:55

good to see a load of new framework wins for kier. very positive.

[itisonlymoney] 08/4/2024 15:52

You know this director and what he spends money on? you actually know that he doesn't need money? Is it possible for you to write one single sensible thing on here ever?

[bathboy2] 08/4/2024 15:46

Another director selling shares , not a lot but cannot be needing the money , so cannot be confident the share price is going to rise significantly, IMO

[stdyeddy] 08/4/2024 08:11

And a road maintenance contract in the south-west:



Kier mobilises for £225m Somerset 'refresh'

Kier Transportation’s new £225m highways maintenance contract with Somerset Council has now begun, with many existing staff transferring to the new provider.
Kier took over responsibility for key maintenance works on the new unitary authority’s 4,172-mile road network from Milestone Infrastructure in an eight-year deal that started on 1 April.

[stdyeddy] 08/4/2024 08:07

Some detail from Kier on the rail framework win:



Kier has been appointed to lot A1 of Network Rail’s North West & Central Region CP7 (Control Period 7) Framework.

The framework will run for five years from 1 April 2024 to 31 March 2029, with the potential for a two-year extension. Lot A1 covers projects ranging from £7m to £200m in value.

"This is a key strategic win for our rail business and we’re delighted to have been awarded the CP7 North West & Central Regional framework. It’s the first time we’ve been appointed to a Control Period for the region, which provides vital links across the country...."

[stdyeddy] 08/4/2024 08:05

This looks a like it will turn into a great one:


Kier to work on roll-out of fleet of mini-nuclear reactors



Construction firm will explore opportunities to deploy reactors after signing MoU with nuclear specialists

Kier has signed a memorandum of understanding with two nuclear specialists to work on proposals to build small modular reactors.

The deal with X-energy and Cavendish Nuclear will see the firm explore opportunities around the deployment of a fleet of Xe-100 Generation IV Advanced Reactors in the UK.

It comes after an award grant to the pair of nuclear businesses from the government’s Future Nuclear Enabling fund.

[stdyeddy] 08/4/2024 08:02

Some interesting framework wins for Kier reported last week.

Kier and Morgan Sindall scoop multiple lots on £1.6bn healthcare framework



Kier and Morgan Sindall have been named on three lots in a new framework focusing on decarbonisation in the healthcare sector.

The tier one firms were both named on lots two, three and four of the £1.6bn work package, which will include the replacement of inefficient glazing and the installation of renewable energy sources in hospitals and other healthcare facilities.

[itisonlymoney] 05/4/2024 23:05

More doom-mongering from you. Have you learned how to read an annual report yet?

thames water is a storm in a teacup. "Tight legal and regulatory frameworks mean Thames Water should be able to operate on its own even if the parent company has defaulted. Thames Water had around £2.4 billion of cash and liquidity facilities available at the end of February that should see it through well into next year. ofwat said in a statement Friday that services to customers are protected regardless of issues faced by shareholders."

Thames is too big to fail, and too vital to fail. Kemble shareholders/bondholders will either take a hit and restructure or both. Ultimately the govt will backstop thames water. no need for you to keep posting irrelevancies on here like you have been doing for two years.

[stutes] 05/4/2024 21:56

Thames Water Owner Defaults on Debt in Sign of Deepening Crisis

How will the finance sector react to the utilities if TW goes into administration?

[itisonlymoney] 05/4/2024 17:07

price has dropped just about to the long term trend line, so i think we'll see a reverse back up shortly. also today is financial yr end for taxpayers (but not kier) so a lot of ppl have 'rebalanced' their holdings. the entire market is down as a result.

key things i'm keeping in mind are that the company is increasing profitability and the business is well run, has just started paying a dividend again after five years without, the shares are now in the ftse250. the big rail contract jsut announced shows that davies has quickly integrated buckingham into kier and it's already paying its way. that was a small investment. kier bought buckingham's rail division and its profitable contracts for buttons. it's going to pay off big time.

kier's yr end is less than 3 months away. there will be a good set of numbers. final divi when it's announced will likely be double the interim. current run rate for profits will put earnings at around £120m. look at the market cap. that's a p/e of about 4.

a p/e of 4 for the biggest regional construction business, the biggest winner of govt contracts, one of the biggest brands in the UK sector. kier has negotiated the inflation 'crisis' and stayed profitable. there's no way that this company is only worth a p/e of 4. berenberg has a price target of 210p. every analyst has this company down as a buy.

anyone looking at the massive rise from 100p will have been wishing they'd bought in. this looks like it could be the moment for anyone who hesitated and missed out.

[stutes] 05/4/2024 17:05

End of tax year and profit taking?

It might be wise for K to shrink its order book if financial/insurance sector and HMG workload is affected by General Election. The Thames Water fallout could also hurt the construction sector in the medium term. The question is, how will z Thames Water debt holders react if TW goes bust?

[xamf] 05/4/2024 16:32

I am at a loss myself as to the share price drop. It's crazy really as I seem to recall from the last results that 97% of their expected revenue this financial year had already been booked. It could be a consequence of recent contractor liquidations but then again other stocks like COST etc have been motoring in the meantime. I can only assume therefore that it's just a normal consolidation after a good run (COST had been lagging KIE). If that is the case then I would expect support around current levels before a move northwards again. Any thoughts? I'll be topping up on Monday.


free stock charts from uk.advfn.com

[gerhart] 05/4/2024 11:33

Why the share price down turn, I wonder.
Slack Easter period trading.
End of tax year, with peeps selling, and getting back in later when whatever the appropriate blocking period has passed.
Or too much steam ahead of 250 entry, and now cooling off and settling.

Wo knows. But with a Divi due later in year, more rises will follow I suspect.

[stutes] 05/4/2024 08:07

Imo this story shows how confidence in the construction sector is being undermined by financial/insurance sector.

[bathboy2] 05/4/2024 07:48

Seriously indebted firms like Kier could have credit insurance withdrawn, subcontractors will not be prepared to take the risk , their only chance is to shorten their payment terms , as a contractor myself , I only work for them on a money upfront basis , and have done for 15 years

[undervaluedassets] 02/4/2024 09:49

Kier has minute price-to-turnover ration of 0.17

can you imagine if this company had a price-to-turnover ratio of 1 ?!

59 of the ftse 100 members have a price-to-turnover of 1 or above. and for the 250 it is 80 out of 250.

even a price-to-turnover ratio of 0.50 would see the shares increase by over 150%

KIE remains Seriously undervalued and unloved despite recent advances and coverage.

Long way to go on these.

[stdyeddy] 28/3/2024 15:14

Also, another big MoJ project for Kier:



Kier has been appointed by the Ministry of Justice (MoJ) to build another cell block at HMP Elmley to provide an additional 247 prison places.

[stdyeddy] 28/3/2024 14:44

Big news for our favourite construction firm -- looks as though the Buckingham purchase is going to pay off really well for Kier:



Quartet win £490m North West & Central railway works deal

The deal completes the award of a flight of frameworks set up covering the “Backbone of Britain” route over the next five years and sees Skanska and Kier take the biggest project lot.