Keller Share Discussion Threads

[scottishfield] 01/8/2023 18:25

Might add a few more in the morning.

[faz] 01/8/2023 08:25

|The spread isn't helpful but mainly buys. I agree the forward p/e would suggest a much higher share price

[p1nkfish] 01/8/2023 07:07

Nothing to complain about on those results. 5% div increase for first half too.

Very solid.

[rolo7] 31/7/2023 13:53

klr far to cheap should be on pe of 10 for 1130p target price

[richtea2517] 31/7/2023 12:29

Yes tempted to sell but breaking out nicely

[rolo7] 21/7/2023 08:36

lovely cup with handle chart formation

[scooo] 05/7/2023 08:53

From KLR website it can be seen that Consensus analyst estimates were 106p EPS for 2023 as at 9th March 2023.

We are now told that after a “Record start to the year; full year operating profit to be materially ahead of previous expectations”.

Hence the share price jump from undeservedly low levels, and a much brighter outlook from a normally cautious CEO.

[p1nkfish] 05/7/2023 08:04

Good to see a thorough TU outlining current state and potential future headwinds which I am sure they will manage accordingly. Interest rates holding back results a little BUT........"we expect full year underlying operating profit to be materially ahead of previous market expectations,"

All in very pleasing, Australia reads as back in line and steady as she goes. A firm hand on the tiller.

Nice one!

Keep digging holes in the ground.

[rolo7] 05/7/2023 07:40

a good trading statement europe ressession mentioned

[blackbag21] 02/6/2023 16:07

Despite the good measures now taken,seems hard work ahead to restore a bit of faith here. Any views from any of you holders? Still see talk of this going to £11

[p1nkfish] 17/5/2023 18:48

Austral is taken care of (the fraud) and Austral only accounted for about 3% of revenue.
Total impact was about £18.3M on reported profit over all years but the order book is £1.4Bn.
It's addressed and no doubt tighter controls now in place across the group.

[bend1pa] 17/5/2023 17:17

I'm sure that any further news from Australia won't be good, but it seems that KLR can safely take that issue on the chin. KLR seems to be good at weathering financial storms, be they internal or external ones.

It's been a while since we had any interest shown on this thread, or that we've seen a daily uptick of this size. Hopefully this is the start of a significant rally.

[ammons] 17/5/2023 07:51

Good update. Nothing further to report at Austral it seems.

[p1nkfish] 17/5/2023 07:34

Temporary uptick in debt ratio due to timings of various inputs/outgoings but expecting to end year at lower ratio than last year - good.

Overall reads well and steady as she goes.

[puku] 06/2/2023 11:46

sold at 825 after a dip from 840 , happy with a 30% profit. Back on the watch list.

[wad collector] 01/2/2023 19:56

Yes I expect Keller have gone in with the safety harness well tied on. Paid in cash daily I hope.

[puku] 01/2/2023 14:40

fully agree, but share price now 826. Enjoying the ride, but likely to cut and run on a dip.

[p1nkfish] 31/1/2023 23:21

Can't argue with most of that but note Keller we're not born yesterday.
If we see it, they do too and, given their experience, will have some risk mitigation in place.

[wad collector] 31/1/2023 22:18

The IC article headlines about the LINE project in Saudi. I know that it is just one facet of the work , but it seems so obvious that the whole concept of a 170km long desert building is an extraordinary vanity project. It is a terrible idea that is an ecological disaster that will eventually end as a linear gravestone of concrete to a leader who surrounded himself in yes men who didn't want to point out his folly.
Now I am all in favour of separating foolish rich men from their cash , but eventually Saudi will back out of the plan, and to save face will accuse all the foreign contractors of negligence and stop paying the bills. HMG won't help as they won't want to offend the oil suppliers.
Hopefully KLR have supped with a long spoon so the price renegotiations turn out to be minimal , but I somehow suspect that the "Hundreds of millions in future years " is about as likely as Saudi having a General Election...

[puku] 31/1/2023 13:46

Did anyone see the report in the IC - wondered what you thought about it. Market seems pleased share price now up to 811.

[jeffian] 23/1/2023 23:03

Phew! Well it looks like I managed to catch the falling knife. Now let's hope the other 'flags' turn from orange to green, not red.

[jeffian] 10/1/2023 11:49

Funny you should say that. After umming and erring, I've just bought some more this morning, despite it breaching a couple of my normal red (or at least orange) flags - profit warnings and fraud. The former (in)famously "come in 3s" and the latter can start off as "one rotten apple" but later be found to have infected the whole barrel (remember Patisserie Valerie?).

I do like Keller and in this case have given them the benefit of the doubt as the problem seems to have been confined to a relatively recently-acquired subsidiary with a separate accounting system. I'm not convinced I've been wise, but haven't bet the farm and am keeping fingers firmly X-ed.

Edit: The other of my own rules I've broken is not to try to catch a falling knife!

[farm8031] 10/1/2023 11:16

Cash not impacted. I see this as a buying opportunity

[piwood] 10/1/2023 08:39

From the Keller website.

Board now expects the Group to report a full year operating profit slightly below the bottom end of the range of market expectations
Analyst consensus underlying operating profit for FY 2022: £111m; range: £109m - £114m.