Keller Share Discussion Threads

[steeplejack] 19/8/2019 08:10

Lot of talk about how both Trump and the Republicans are agreed on the need to spend on US infrastructure.Democrats are of similar mind.Such spending would benefit Keller.

[ramrod8] 30/7/2019 09:16

Fingers crossed. Brighter start today.

[steeplejack] 30/7/2019 08:43

Through the interim rapids....there's enough in that statement to usher in a steadier share price performance and remember,this company is only 3% exposed to the UK and will benefit from weak sterling.The shares should go "quietly" higher.

[ramrod8] 29/7/2019 09:16

Yes, looks positive but has now dropped 50p in an hour. Oh it’s so tedious. And now I shall sit in the red for another six months.

[steeplejack] 29/7/2019 07:33

Interims in line.Robust performance plus optimism for second half.Confidence emphasised by 5% increase in dividend.The recent share price strength suggests these reassuring figures leaked out but there should be further upside.

[steeplejack] 26/7/2019 12:52

Tricky one.....the recent price recovery suggests the statement might read ok but as you point out ramrod,the price is some 15% off recent lows.....so,I'll go up 30p initially but then succumbing to profit taking leaving down on the day.

[ramrod8] 26/7/2019 12:33

What do we think it will rise to if results are good? Or will any good news be priced in given it's risen from 550 to 645 in a few days?

[jeffian] 26/7/2019 11:22

I fear it will be lower. With the market in such a twitchy mood, I'm not sure that promises of 'catching up in the 2nd half' will cut it -

"Overall trading performance in the first four months of 2019 has been lower than anticipated but is on an improving trend. This, together with the final completion of our Caspian project in the first half of last year, means that our results for the first half of 2019 will be materially lower compared to the first half of 2018."

[steeplejack] 26/7/2019 09:36

Interims on Monday 29th.....it's a toss of a coin as to where the price goes!

[ramrod8] 18/7/2019 15:06

With you now, thanks. Something seems to be on the up today.

[steeplejack] 18/7/2019 13:56

"Discounted"......taken into consideration,reflected in the current valuation such that bad news is fully reflected in the share price and the implied current rating ie the price earnings ratio and dividend yield suggest that potentially poor news is "discounted".

[ramrod8] 18/7/2019 08:59

Forgive my dopiness, what do you mean by low rating and bad news should be discounted?

[angora7] 17/7/2019 12:10

July 29th, That's what I've got it in my diary as.

[ramrod8] 17/7/2019 11:08

Am I right in thinking results are out on July 29?

[steeplejack] 17/7/2019 09:33

When they slide a stock like this there's always a nasty suspicion that someone knows something we don't.They probably don't.Staying with it until results update.The rating is very low,any bad news must surely be discounted.

[ramrod8] 15/7/2019 22:02

Wow, this share is bleeding badly. Anyone any views on whether I’m ever going to get my money back at an average of 682p?

[steeplejack] 01/7/2019 12:12

Yes,those are my thoughts but hopefully discounted.

[jeffian] 27/6/2019 16:50

The trouble with that is that, with the market in its current mood, it latches onto negatives and discounts 'jam tomorrow'. Whatever the longer term (and I hold these) I suspect that "our results for the first half of 2019 will be materially lower compared to the first half of 2018" will cause more short term pain when details announced on 29/7.

[steeplejack] 27/6/2019 16:12

Funnily enough I reread that statement this morning too.The numbers released at the interim stage aren't going to look good comparatively,it's all about the statement going forward.

[lurgy] 27/6/2019 10:58

To remind everyone of the trading statement:

Overall trading performance in the first four months of 2019 has been lower than anticipated but is on an improving trend. This, together with the final completion of our Caspian project in the first half of last year, means that our results for the first half of 2019 will be materially lower compared to the first half of 2018. We continue to expect a much stronger second half, and for full year revenue to be broadly flat on 2018, with an improvement in margin driving a recovery in profit. Net debt has risen slightly since year end, albeit less than expected, and debt leverage is expected to increase as anticipated to over 2.0x at the half year. However, the expected year-on-year profit improvement together with a strong focus on organic cash generation, means that we expect debt leverage to reduce significantly and to be within the group's 1.0x to 1.5x target range by the year end.

Overall Keller continues to expect to make good progress in 2019.

Keller will announce its interim results for the six months ending 30 June 2019 on 29 July 2019.

[quemaster] 26/6/2019 23:29

Looks like Keller have priced in a monster raving loony party win already.

[ramrod8] 26/6/2019 19:02

Yes. WTF, as they say. Anyone else starting to think that they need to get out of all positions before the coming election, in case the Red menace get in and all stocks fall 10pc overnight?

[steeplejack] 26/6/2019 11:12

The buyer won't be pleased then that you could pick up stock at 601p this morning.Pretty dramatic moves in this stock.

[ramrod8] 23/6/2019 09:36

According to the HL website, someone bought a million quid of Keller at 4.35pm on Friday at 672p. Encouraging.

[steeplejack] 22/6/2019 20:43

We search for rational explanations to understand why share prices move as they do but actually we're deluding ourselves that there is always a satisfactory reason.Keller was oversold and is now less oversold.One day,KLR shares ignore the expectation of a benign Federal reserve interest rate policy,suddenly it takes full account.This provides an opportunity to make short term money but also provides a large degree of irritation.