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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Kier Group Plc | KIE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 5.00 | 3.61% | 143.40 | 16:35:17 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 145.00 | 143.00 | 147.80 | 143.40 | 138.40 |
| Industry Sector |
|---|
| CONSTRUCTION & MATERIALS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 12/09/2024 | Final | GBP | 0.0348 | 24/10/2024 | 25/10/2024 | 29/11/2024 |
| 07/03/2024 | Interim | GBP | 0.0167 | 18/04/2024 | 19/04/2024 | 31/05/2024 |
| Top Posts |
|---|
Posted at 21/1/2025 19:36 by itisonlymoney it's the circumstances stutes. i prefer the share buyback here because kier management is getting wise to the stockmarket. they've obviously been getting advice from people who understand how the stockmarket works. part of davies and kesterton's bonuses depend on kier hitting shareprice targets. they've tried to get the market interested in the shares in capital market days and results presentations and they always fail because there's a lack of confidence and understanding out in the market.there's no way for instance that the share price should've got to 130p the other day. that's an insane valuation for this business. the brokers can put out all the analyst notes they want but money talks. this way everyone knows that there's a floor under the share price now. if they don't know it, they will soon see it. peel hunt will buy anytime the price drops and this'll give stability to the share price £20m will go a long way. you can buy small amounts in a share that only trades 1m a day to give it a little push upwards or at least prevent "stop hunting" by the market makers. it changes the balance from, likely to go down, to likely to go up. this kind of wise move from kier just adds to the attraction of the fundamentals; the business generated another £120m in cash in the last 12 months and net cash is growing, even while kier pays out dividends. revenue is up a little and frm the cash figure, it looks like kier has continued to make at least 3% margin. that's £120m operating profit. divi this yr will likely be £40m. that's nearly 7% on this shareprice. the interim divi will be a third of the total and will send the share price much higher. the sharebuyback will make sure the share price is in the right place to begin with so that we actually see the benefit. that's why it's different to lloyds and that's why i'm glad their doing it. this way we get share price growth AND dividends. |
Posted at 09/1/2025 15:14 by gp1948 Kier rerating on the cards, says Deutsche BankDeutsche Bank is predicting a rerating at Kier Group (KIE), which is benefiting from its leading position in UK infrastructure. Analyst Jonathan Coubrough retained his ‘buy’ recommendation and increased the target price from 200p to 235p on the construction group, which was trading up 1% at 144p on Wednesday morning and is up 31% over the past year. Coubrough said the group has ‘leading positions [in] UK infrastructure markets, generating nearly all revenues from UK public sector and regulated customers’, across roads, rail, water, education, health and justice It has seen growth in its order book. That sets Kier up for ‘strong multi-year revenue visibility’, said the analyst. Coubrough estimated 50% earnings growth over the medium term, and a ‘potential re-rating from less than 7 times price to earnings to sub-sector averages of more than 10 times as the group achieves average monthly net cash over the next financial year’. ‘[Kier] has attractive opportunities across its core markets, enabling ongoing selectivity,’ said Coubrough. |
Posted at 09/1/2025 00:24 by stdyeddy The markets spooked today on fears of a UK recession.Meanwhile, our favourite construction firm continues to win work and grow the business. Kier very nearly caught up with Morgan Sindall in terms of construction contracts won over the last 12 months according to Construction Enquirer, finishing the year in second place with over £2.27bn and a mere £22m behind MGNS (2.298bn). Incredibly this is a full billion pounds more in contracts for Kier compared with the previous year. Here's the ranking table: Kier's shareprice today is about where it was a full four years back when the business still had a very substantial debt pile, smaller turnover, lower margins and no dividend. The business now has net cash and reinstated the dividend in 2024, paying out a quarter of its earnings. I'm expecting management to increase the dividend to one third of earnings for this year. We may get news of the interim proposed payout in the update. All brokers have Kier down as a buy. The share price is massively undervalued by any practical measure. Trading update in 12 days (21 Jan). |
Posted at 19/12/2024 22:21 by stdyeddy Thanks for that Everton.STOCK PICK FOR 2025: KIER HAS REBUILT ITS FOUNDATIONS AND LOOKS TOO CHEAP We like the company’s sensible medium-term targets and improved cash generation Anyone who has walked past a building site in the UK recently might well have seen Kier (KIE) branding on it. This infrastructure and construction services outfit is actively at work on more than 400 developments across the UK. Having emerged from a difficult period with much stronger foundations, this improvement is not yet reflected in its current valuation... |
Posted at 06/12/2024 13:32 by stdyeddy We're at 10 times the daily volume traded here today even with another 2.5 hours to go, and the 8% rise in the share price almost puts KIE on ADVFN's top ten leaderboard. Something's happening here.MAYBE it's Keir Starmer's pledge yesterday to triple the number of infrastructure projects in the next year. Maybe. But there's some serious stake-building going on and the business is seriously undervalued compared to peers. Could be a bid is in the offing. GFRD is actually down, MGNS is up a mere 0.26%, COST is up 2.4%. The main index is flat. £15m of Kier bought today so far. In five years, I've not seen this level of interest in Kier without a major company announcement, and so far there's nothing. |
Posted at 05/12/2024 10:09 by stdyeddy wolly/bathboy, this is a straight-up lie from you and one you've put on here several times. The annual report details borrowings and cash. On 30 June this yr, the business had cash of £461m and borrowings of £300m. The borrowings include the £250m bond issued a year or two ago; this matures in 2029. NET CASH amounted to £167m, including £6m in currency hedging.Incidentally, Kier reduced its debts by over £100m in just one year AND bought Buckingham Group's rail business in the same year. In January, Kier will likely reduce debt by yet another £100m AND pay an increased dividend for this year. Regarding the payment of a dividend; Kier promised to reinstate a dividend once it had clear 'line of sight' for a sustainable net cash position. The business has a solid cash base and is justifiably returning cash to investors who have backed its recovery. |
Posted at 27/11/2024 16:56 by itisonlymoney dvidend cover on the current payout is 4 times and kier management said they will payout at three times cover, so the divi should go up significantly. half yr for kier ends on 31 Dec so we should see a trading update in mid january and possibly the increased interim divi then. govt has said it intends to build and kier wins in all the big areas. one thing that's different, they had a housing business which they sold off, so are now less exposed to the housing downturn, bcause kier is mainly civil construction. i think they might be getting lumped in with the housebuilders so that might be what's weighing on the shareprice, plus the market hasn't completely forgiven kier for getting into so much debt in 2017/8 even though they've completely rebuilt the financial base of the business. it's a hidden gem imv. as you can see from my posts, i've been bullish for a good while. as you suggest, if the market continues to ignore kier, someone will make a bid for it. It'll probably be the Australians, who seem to like to buy up UK infrastructure. |
Posted at 08/11/2024 15:30 by itisonlymoney vistry is a house-builder, not a civils construction business and has a well-reported management issue. kier will issue a short update next week ahead of the agm and all the signs indicate it will be a good one. The construction sector is booming. Kier's share price is under-performing right now, for no good reason. Costain is half kier's market cap at 108p, on a quarter of the turnover and margin a third lower. Kier should be £2 based on current results and the return to dividend payments. I'm expecting this to rally strongly into the new year. |
Posted at 13/9/2024 13:21 by stdyeddy stutes is merely trolling (a weird attention seeker) and has been posting rubbish here for a couple of years without explaining why. The link is to liberum's prediction BEFORE the results were published that Kier margins would fall 10 points, but as it turns out, this was incorrect. Kier managed to maintain its margins at 3.8% (ahead of its target of 3.5%) compared to Costain, for example, who are making 2.5% on turnover. As you've pointed out, the results were very good indeed.The business increased revenue by 17%, halved debt, almost trebled cash, and agreed a final dividend twice the size of the interim dividend (which was Kier's usual practice six years ago). The final divi alone is worth 2.5% of today's shareprice and is paid out in six weeks' time. The market reaction to all of this is one of the most bizarre that I've seen, and as several people have pointed out, has created a rare value buying opportunity. |
Posted at 15/5/2024 16:39 by itisonlymoney stutes you are clearly desperate for something negative to say. likelihood of kier 'tapping the market' is approximately zero. kier has been growing net cash and might have about £80m by now. maybe more. we'll probably know in the trading update in a july. no need to raise cash. the businesses is paying a dividend now. completely different cash situation.also you don't understand the history with kier. davies took the the helm and had to deal with the fallout from three big takeovers that kier made in recent years. he won't want to repeat that. big shareholders most likely wouldn't even agree to it. if kier buys any business, it'll be a small thing like the buckingham rail division that cost £9m, paid for in cash and will probably pay for itself in a yr. more likely scenario for takeovers is a foreign investor making a bid for kier. a czech bloke is about to take over royal mail. uk assets are seen as cheap and great value and that's definitely true of kier - uk gov biggest contract winner. fwd p/e of about 5. dirt cheap. shares would double or more on an approach. |
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