Kier Share Discussion Threads

[eriktherock] 24/7/2018 12:36

Make's one wonder what "non-core assets" they're referring to and why they were purchased if non-core.
Launch of an efficiency and streamlining programme

Following the repositioning of the Group to focus on three key market positions, infrastructure services, buildings and developments & housing, in June 2018 the Group launched a new efficiency and streamlining programme, entitled 'Future Proofing Kier'. Facilitated by significant investment in new systems over the past two years, this programme will improve productivity, include the disposal of non-core operations and deliver an improvement in operating margins and cash generation. It is anticipated that material benefits will be realised in the financial year ending 30 June 2020 and beyond. Further details about the 'Future Proofing Kier' programme will be announced in due course and at the full year results in September.

[eriktherock] 24/7/2018 06:08

mark, the turning point was at the end of march last year and Kier have been in a downward trend since. There is support (yes, historic) around 920 which is clearly evidenced from the Weekly chart. If an Hourly candle is formed below this level(921) then there is sound technical reasons, based on past share price values, to indicate the levels referred to above e g 732p. There are no technical reasons
to support the targets you mention.

[marksp2011] 24/7/2018 05:49

And here we see the fallacy of forecasting a variable through past values of that variable I e it can never forecast a turning pointWhy not 300p 200p or 1p?

[eriktherock] 23/7/2018 13:04

I've decided to scale in short @ 940p.
We shouldn't need 'vision 2020' to see where this is heading.
921p > 732p > 418p

[eriktherock] 23/7/2018 12:12

Lol,
Hourly candle below 921 and we'll see 732 soon.

[zicopele] 10/7/2018 21:02

You selling too brokertobroker?

[brokertobroker] 10/7/2018 19:54

Sound update today. All in line despite terrible sentiment in the market. Kier is trading at c.7x forward earnings (significant discount to peers) and pays a monster divi! The order book is secure. What is not to like, I'll be snapping this up every day sub £11.00.

Very reassuring update - well done management - fill your boots, you won't find many better investments!

[zicopele] 10/7/2018 13:50

Mondeplume ...It has been good to date.

[zicopele] 10/7/2018 13:50

Mondeplume ...It has been good to date.

[nomdeplume] 10/7/2018 10:40

Zicopele : Is "short sellers" pronounced "I" ?

[zicopele] 10/7/2018 10:13

The short sellers have been temporarily frustrated. But they will return. And soon..

[fizzypop] 10/7/2018 09:17

As proved by 3% rise this morning.

[marksp2011] 10/7/2018 08:51

No I don't think so. very different beast.

[eastbourne1982] 10/7/2018 07:22

Shaping up to be the next Carillion ?

[cwa1] 10/7/2018 07:19

Extension to Highways England contracts:-



and Trading Statement:-



Outlook

The Group's core businesses operate in three growing UK markets, each of which is underpinned by robust macroeconomic and demographic fundamentals. The Group is focused on continuing to improve its performance and reducing its average net debt. The strength of the Construction and Services order books, together with the long-term Property and Residential pipelines, provides a robust platform to deliver our Vision 2020 targets.

[zicopele] 02/7/2018 15:07

This share is heading down...legacy of past rail disasters and Liverpool are weighing very heavily on profits.

They need turnover to hide past losses and overstated WIP

[speedsgh] 01/7/2018 08:55

Kier's big debt in the small print - HTTPS://www.thetimes.co.uk/edition/business/kiers-big-debt-in-the-small-print-sk8wb57bq

[grahamburn] 27/6/2018 17:29

Thanks for correcting me.

That's the trouble with having a rolling calendar from year to year. Last year there was a pre-close update on 28 June!

[grahamburn] 27/6/2018 15:09

Believe a trading update is due tomorrow.

[fizzypop] 27/6/2018 11:06

Now bouncing back.

[fizzypop] 27/6/2018 09:48

Cheap just got cheaper, now over 7% yield.