Keller Share Discussion Threads

[w13ken] 09/11/2024 23:28

As an alternative view Keller tend to do very well and jump more than most on positive updates and then get forgotten about by some and drift down a bit.

Note that their Q3 Trading Update is scheduled for this Thursday 14th November. I wouldn't be surprised if they continue the good news below and are near 1700p within the next 10 days. DYOR.

15th May: AGM TU - "Strong start, material increase to FY expectations"
6th Aug: Interim results - "Outstanding H1 performance; expectations for FY 2024 materially increased".

[kash_] 09/11/2024 22:44

Consolidating of the dtf, but on the wtf its dipped below the 8ema. I can see this going lower before the next move up.

[bigbigdave] 07/8/2024 07:03

DEUTSCHE BANK RAISES KELLER GROUP PRICE TARGET TO 1800 (1550) PENCE - 'BUY'

[scooo] 06/8/2024 11:11

Berenberg price target 1750p made on 6th August, (raised from its previous 1500p target).

[p1nkfish] 06/8/2024 07:47

Do like that it's a literal picks and shovels play on infrastructure. As the economic mess unfolds I think infrastructure builds will be prioritised for the future after the reset is behind us. Not a one or 2 year thing imho. There wil always holes needing to be dug somewhere.

[p1nkfish] 06/8/2024 07:44

Excellent, only word needed.

[carl55] 06/8/2024 06:48

Hey everyone

[grahamhacker] 06/8/2024 06:16

Well done w13ken today's announcement shows what a fantastic turnaround has occurred. Brilliant half year results and update

[w13ken] 17/7/2024 14:18

No harm banking a profit and seems a good idea to hold on to half your holding. I only bought in May at 1129p but have rapidly increased my holding as I think they're a great company for now and the future. 5500 projects a year shows the demand.

[bend1pa] 17/7/2024 13:30

Could not look a gift horse in the mouth and sold half my holding today. Nice 2 bagger, having only held since May 2023.

Just can't believe how far and fast these shares have risen, and they still don't look expensive compared to so many other better known companies, with PERs in the 20s and 30s.

[scooo] 26/6/2024 09:47

Berenberg price target 1500p made on 15th May, (elevated from its previous 1300p target).

[w13ken] 15/6/2024 08:49

I don't see any good reason for the drop. Probably just traders moving on after a strong update spike and a dividend payment. I've topped up at 1199p and don't expect it to go much lower than that. It's a global leader in its ground-levelling area with very specialised equipment so will always be in demand for large construction projects.

If updates follow last year they'll be a strong TU around 5th July and Half Year Results about 1st August. I expect that the share price will pick up again once investors with short memories are reminded of "A very strong start to the year and a material increase to full year expectations."

[p1nkfish] 15/6/2024 07:57

Whenever you see that positive rate of change of price, unless a bid accounts for it, it always falls back a decent %. Fast down on high volume is a problem. This is more relaxing back imho.

Good luck but if it makes you too anxious best to ignore it or sell and have some peace of mind.

Dyor etc.

Also, there may be a sell in May element coming a little late. Add to that concerns about what money will be available to invest if Labour hit peoples ISA and Pension allowances and tax advantages to pension contributions and/or dividend taxes.

I can imagine the UK market suffering if money flow slow even further when Labour tax capital - bound to happen sometime during their first or 2nd term. The world is slowing substantially imho and massive growth to tax will be hard to come by, especially as unemployments begins to shift upwards.

imho etc.

[phg87] 13/6/2024 15:31

All the spike up gone. Let's see if 1200 is support.

[phg87] 07/6/2024 11:50

Thanks for the input

[p1nkfish] 07/6/2024 10:58

I have no idea but look at the weekly volume on the past 2 down weeks. including this one, and the volume doesn't shout "panic" to me. I'm often wrong but I think it's just relaxing back. It's one I've owned for a while and will continue to hold and take the divi. The forward look was good.

[phg87] 07/6/2024 08:52

Two goes at 1400 then a 10% drop since. Any ideas why? Profit taking?

[w13ken] 28/5/2024 09:51

Hi there, new to this board and fairly new to Keller. Very bullish on it though so I've increased my holding to >10% of my ISA already. Good to see p1nkfish from the IQGeo board where I've been a regular poster.
Fyi I've written a Twitter thread on Keller this morning:


A reminder that it goes ex-div on Thursday. DYOR.

[buoycat] 15/5/2024 17:25

Impressive day. I've held these for 20 years, reinvesting divis, selling off some occasionally as funds required. Not one to usually set the portfolio alight!

[citys2874] 15/5/2024 11:29

nice rise for KLR and KDNC both looking like they will rally later today and moving up the leaderboard riser

[p1nkfish] 15/5/2024 09:06

When there is a major downturn Govs will push the big infrastructure button too imho.

Dig more holes to try to get economies out of a funk even if already up to eyeballs in debt. Alternative is depression imho.

Dyor etc, I'm often wrong.

[reddirish] 15/5/2024 07:13

If KLR can be heading for above expectation performance with Europe, Middle East and ASEAN still under par, there is plenty of upside to be had if ever it is is firing on all cylinders. I've held this for nearly a decade, and respect the management approach very much. Urbanisation and infrastructure are two major global economic trends, and Keller serves them both.

[p1nkfish] 15/5/2024 06:45

Yes, usually a conservative bunch and notice the areas that are currently weak - with management focus they can be "righted" and add in future. They sorted Australia quickly.

A pleasing read.

[phg87] 15/5/2024 06:32

Accordingly, we now anticipate full year performance to be materially ahead of the Board's original expectationsNot a bad statement from the Trading Update!