Share Name Share Symbol Market Type Share ISIN Share Description
Keller Group Plc LSE:KLR London Ordinary Share GB0004866223 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -73.00 -10.11% 649.00 643.00 658.00 707.00 643.00 691.00 140,990 16:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 2,224.5 8.4 -20.6 - 468

Keller Share Discussion Threads

Showing 1176 to 1200 of 1375 messages
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Is this a recovery or what?
strong couple of days, update 2 weeks away.
to my knowledge they've not segmented their results by industry in recent years but their Canadian & Australian businesses were heavily exposed to O&G. Australian numbers are split out but Canada is mixed in with the US so its impossible to calculate.
Tudes, what proportion of the business in within O&G?
Posted this on the value growth thread.. I still see the value given their infrastructure focus & the proportion of revenues generated from N-America. They seem to be getting unduly punished for their O&G business but as you can see in their H1 results it has not to date hampered their overall profit delivery due to strength of US business & its growing margin. The US business made up 75% of their Op profit at H1 and margin was up from 5.5% to 6.8%. Latest US construction spend figs vs yr ago were +7% public & +16.5% private (includes virtually all residential housing) which they should be seeing real benefit from. Worth pointing out that their H1 was impacted by some very poor Feb/March winter weather as well. They have made 2 acquisitions in the last year and should get the benefit of their Australian purchase in H2 plus a few large contract wins (Singapore airport & a Caspian O&G project). Business is always strongly second half weighted. Forecast PE now 9.9 FY15, 8.8x FY16 which is only 6 months away. Next IMS due November 16th. Decent divi, well covered if you have the patience to wait for the sector to be loved again !
shocking chart now, still holding for my sins. Update November 16th, need some good news badly.
Big exposure to LNG via civils which is out of favour with alt fuel/energy sources so cheap eg oil/gas.But agree it looks a bit cheap.
This stock looks exceedingly cheap in my opinion. This stock is valued at 1388 vs 871 as I write (valuation from VectorVest) PE is only 9.46 -lowest in Sector EPS is growing Earnings growth rate is 15% So why is it stuck at this low price - is it just out of fashion at the moment? any answers?
More evidence of strong US construction sector - "Sales of newly built homes reached the highest level since early 2008 in August, evidence that demand for housing is strengthening heading into the fall. Sales of new, single-family homes rose by 5.7% to a seasonally adjusted annual rate of 552,000, the Commerce Department said Thursday. The reading was well above economists’ forecast for a rate of 515,000 and comes after July’s reading was revised up to 522,000 from an initially estimated 507,000". WSJ
Adam, A couple of points I'd make:- 1. From the update in May Trading Year-to-date contract awards, however, have exceeded revenue, as a result of which the order book has increased since we last reported. At the end of April, the value of the Group's like-for-like order book was slightly ahead of last year, despite a substantial reduction in Australia. Accordingly, the Board believes that the Group's results for the full year will be in line with current market expectations, albeit more second half weighted than normal. 2. From the August update Outlook After a slow start to the year caused by harsh weather conditions in the US and delays on a number of major projects, performance has picked up in the second quarter. Order intake has been healthy and the Group order book at 30 June was 5% up on the same time last year. While conditions remain challenging in many of the markets in which we operate, the recovery in US construction, the Group's largest market, remains robust and broad-based. This, together with the benefits from improvements that the Group has implemented, means that the Board remains confident that the Group's results for the year will be in line with current market expectations. ----------- I'd concur that ut looks cheap. I think this is a proven quality outfit and I like the exposure to north America also. The chart however is pretty it's not all good.
Big seasonality - H1 last yr 27.9p, FY 75.3p (approx 37% in H1). TY - H1 31.1p, my FY forecast (morningstar) 84.5p. H1 = 37%.
Trading multiple looks cheap however can someone explain to me how market forecasts are achievable: H1 EPS: 31.1p Consensus forecasts for 15: 88.2p Can someone eplain how they'll do 57p in H2? Thanks
Was a little nervous about the results given last cautious IMS but strengthening US construction sector and strong US$ is more than filling any O&G related profit gaps. FY16 forward PE 11.2x, looks good value still imo.
TS look pretty optimistic. Improved margin and pipeline looks strong. Obviously Europe, Aus not great outlook but USA is a nice place to have your biggest market right now IMO. I think 2016 will again be about the US driving the global economy(China having one or two growing pains).
Good to see the new CEO weighing in with a £100k purchase this week. He has an excellent pedigree, ex RR Ops Director. share price now close to year high which looked unlikely after last cautious IMS.
KLR Keller Broker Views..........some healthy targets. Date Broker Rec. Price Old target price New target price Notes 17 Mar 15 Berenberg Buy 995.00 1,200.00 1,200.00 Reiterates 04 Mar 15 Numis Add 995.00 - 1,220.00 1,200.00 02 Mar 15 Investec Buy 995.00 1,420.00 1,420.00 Reiterates 23 Jan 15 Liberum Capital Buy 995.00 - 1,200.00 Reiterates
KLR Keller Coming off a double bottom and MACD just turned positive. Fundy wise looks cheap on a forward P/E of just 9.6 which is historicaly conservative. Keller Group PLC FORECASTS 2015 2016 Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Peel Hunt LLP 02-04-15 BUY 100.02 94.98 29.00 115.48 108.92 34.00 Investec Securities 06-03-15 BUY 94.00 82.10 26.49 105.00 92.05 27.81 Numis Securities Ltd 04-03-15 ADD 100.80 90.80 27.70 112.60 101.40 29.90 Westhouse Securities 09-10-14 BUY 2015 2016 Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Consensus 100.40 90.80 27.70 114.09 101.40 29.90 1 Month Change -0.01 0.00 0.00 1.49 0.00 0.00 3 Month Change 0.72 -3.68 -0.12 6.30 0.13 1.06 GROWTH 2014 (A) 2015 (E) 2016 (E) Norm. EPS 34.08% 15.63% 11.67% DPS 5.17% 13.52% 7.94% INVESTMENT RATIOS 2014 (A) 2015 (E) 2016 (E) EBITDA £148.90m £155.88m £171.85m EBIT £92.40m £104.10m £114.90m Dividend Yield 2.50% 2.84% 3.06% Dividend Cover 3.22x 3.28x 3.39x PER 12.44x 10.76x 9.64x PEG 0.36f 0.69f 0.82f Net Asset Value PS 223.28p p p
Interesting RNS's yesterday. 150k share sale from CEO's wife usually a concern but given end of financial year tax planning and the fact CEO has exercised another 170k shares in the last month (of which he's sold 80k) I don't think we need to worry too much. More interesting is the 2m additional shares bought by Schroders on March 13th when share price was very similar to current price increasing their holding by 60%. Suggests they see good value at this price.
Too cheap in this market ..
Looks good, just clicked into profit, I prefer blue to red.
So PBT was lower than anticipated and EPS missed narrowly BUT cash conversion was strong which has meant the net debt reduction was higher. Apert from the large chunk (priced in) the other exceptionals were very low considering acquisitions etc. Outlook looks OK to me Australia obviously gonna be hardest to catch a like for like increase.
Very solid indeed. Ive given it a fast read and it looks better than I expected. The outlook statement reads particularly well IMHO.
From iii Monday.... Ground engineering group Keller (KLR) will release its final numbers at the start of the week. Peel Hunt analysts say US trade, currently the key driver for the engineer, will be benefiting from improving markets as well as the exchange rate movement. Activity in Asia and Africa is also thought to be improving. "The shares are trading on 10.6x price/earnings (P/E) for 2015E and c5.4x EV/EBITDA, small premiums to the long-run average; this is more than justified given the point of the cycle the business is in," says Clyde Lewis at Peel Hunt. The broker expects earnings per share (EPS) to come in at 77.2p and a 16% reduction in net debt to £121 million. It has a 'buy' reccomendation on the stock and a 1,330p target price.
Great week so far, don't have enough unfortunately to justify selling down a % before Monday. Hopeful outlook statement will be strong and that dollar strength has fed through to some excellent numbers. Worth remembering Berenberg and Liberum both confirmed target prices of £12 in the last 6 weeks.
Let's hope so. I have the results down for Monday 2nd. Did think about selling but decided best to hang on and see what the results are like. Think their outlook statement should be decent enough given recent orders. Hopefully put this legal issue behind them.
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