Keller Share Discussion Threads

[daisylove] 28/1/2022 11:28

KLR fluctuates massively over time. However it's a strong company with a reasonable dividend so I took a punt on this dip. Hoping for £10+ some time later in 2022.
DL

[p1nkfish] 28/1/2022 09:35

This looks increasingly interesting. Yield and more holes willl be dug in more places to keep the wheels from falling off the global economy. What am I missing?

[scooo] 13/12/2021 10:40

Recon acquisition seems to be meeting expectations in Keller's biggest market, the U.S.. Today's announcement of a $160m contract win augurs well for the future. RECON Services website, hxxps://www.reconservices.com/ provides a deeper presentation of its services.

[p1nkfish] 12/8/2021 12:17

About time.

[lancasterbomber] 03/8/2021 09:42

Taking off like a rocket ship on good results

[tole] 27/7/2021 14:12

https://www.fool.co.uk/investing/2021/07/27/the-best-uk-shares-to-buy-in-this-whipsaw-market/Why I think these are UK shares to buyRight now, for example, I'm keen on geotechnical and groundworks contractor Keller (LSE: KLR). The company issued a positive outlook statement in May. And the business has been recovering well from the challenges of the pandemic.City analysts expect earnings to rebound higher by around 27% in 2022. And with the share price near 847p, the forward-looking price-to-earnings ratio is just below 10. I think that looks like good value. And on top of that, shareholders will likely collect a dividend for the 2022 trading year, yielding just over 4.5% measured against today's share-price level.Meanwhile, the growth strategy is rolling out at pace. And on 14 July, Keller announced the bolt-on acquisition of a geotechnical company called RECON Services in America. The directors said the purchase will help Keller become "the preferred international geotechnical specialist contractor."Overall, in a world that looks set to focus on infrastructure development as it 'builds back better', I think Keller looks well-placed. However I could, of course, be wrong. And if further general economic weakness causes earnings to slip, I could easily lose money on the shares. Nevertheless, I'd embrace the risks now and add the stock to my long-term diversified portfolio.

[guyswonga] 03/6/2021 04:03

ex-dividend day today not to shabby 2.7% divi

[scooo] 26/5/2021 10:36

KKR private equity have recently offered £2billion for British infrastructure giant John Laing. They presumably anticipate good US infrastructure prospects for John Laing under the Biden administration. Schroders hold a big chunk of John Laing equity.

Schroders announced on 25/5/2021 that they now hold over 10% of Keller Group, which is also well positioned for the Biden 8 year infrastructure program. Keller’s share price does not reflect much brighter (2022 and onwards) prospects, especially in the US, but certain parties have seen the light.

[scooo] 19/5/2021 07:33

Speakman has been cautious and disciplined from the outset, during which time the company has driven on solidly through the pandemic to where Covid is now in retreat.

KLR’s main market is the US (60% of company revenues in 2020), where Biden enjoys considerable cross party agreement in advancing his infrastructure spending program. Construction forecasts for the US are positive. Postponed contracts should reappear. This environment looks more promising for the order book.

[scooo] 16/5/2021 12:56

Keller Trading Update and AGM due on Wed 19/5/2021.

[b1nky] 16/4/2021 17:36

Guy Hands just bought Kier Living for £110m

[b1nky] 09/3/2021 15:08

I agree with Jeffian. If you don't need the money and are relaxed about the share price, this is a great place to park your money. Good steady earnings. Good cautious management. Good divi. Safe. Safe. Safe.

[jeffian] 09/3/2021 09:43

Yes, very sound. It's hard to see how the outlook statement could be anything other than cautious given the circumstances around the world where many countries are far behind us in the vaccination programme and the full financial impact of Covid has yet to be revealed as Government support is withdrawn. However, this is on such an undemanding PER and with a good divi, it's not hard to hold while the world sorts itself out.

[igoe104] 09/3/2021 07:39

Excellent results, and exceeding. But forward looking statement looks iffy

[igoe104] 08/3/2021 08:06

Lovely start to the week.

[b1nky] 05/3/2021 11:20

Now we're talking. Next stop 973. At least as far as my own TA is concerned.

[igoe104] 18/2/2021 07:55

Nice contract announcement.

[studentinvestor13] 15/1/2021 21:20

This is more like it !!

[steeplejack] 19/11/2020 08:07

Board has decided that it would be both prudent and appropriate to declare an interim dividend of 12.6p per share, the same level as in 2019. The 2020 interim dividend will be paid on 18 December 2020 to shareholders on the register at close of business on 27 November 2020. The continuation of dividend payments during 2020 reflects the financial strength of the Group, its significant liquidity position, positive trading during the second half of the year and the longer-term confidence in the performance of the business.

[steeplejack] 19/11/2020 08:03

Yes,excellent figures plus a good dividend declaration results in an initial mark down in the share price.I suppose the stock has recovered strongly of late but nonetheless the shares should run on towards 7 quid.

[igoe104] 19/11/2020 07:58

Excellent update, debt down, decent interim divi. S/P should be alot higher than it is...

[manics] 19/11/2020 07:05

Lush.

"We expect to outperform current market expectations for 2020"

[scooo] 16/11/2020 20:35

Trading Update due on Thursday 19 Nov 2020. Positive clarity on the dividend would be well received.

[undervaluedassets] 03/11/2020 11:22

I think the the reduction of the divi is in the price.

You can't build much of anything without this company really.

Conservative and well managed

shares for the moment very cheap thanks to COVID