Kier Share Discussion Threads

[itisonlymoney] 25/5/2023 07:34

all made up wally and you know it.

[wallywoo] 25/5/2023 07:32

Kier had average monthly net debt of £242m in Dec 22. It has grown every period for 7 years (net of equity issues). That is why they needed new cash 3x over the last 7 years. And issued over 800% more shares. Average net debt is the average debt!!! It shows that in any 1day Kier owe £242m on average. That is likely to grow by June 23 results because it has grown for 14 reporting periods before that and there are no facts that point otherwise.


Nothing is made up. They are all facts.

[itisonlymoney] 25/5/2023 07:27

a load of made up numbers from wally.is there any point in answering this nonsense? tallying up all the outstanding income debt and profit is what all companies do at yr end and it doesn't just apply to one day.

[wallywoo] 25/5/2023 07:04

Lol, stdy you have been predicting a dividend for 4 years now. I don't think Kier will be any way near in a financial position to do so.


Kier are predicting a positive net cash for the 1 day of the balance sheet. However, £250m average monthly net debt is likely. So +£1 for 1 day, -£250m for the other 353 days!!!
Kier also have negative tangible net assets so any cash for years to come will be needed to strengthen the balance sheet. In addition to perhaps another equity issue!!! 30p next issue price??

Since Costain have +£123m net cash at year end and can't pay a dividend, Kier have no chance. Costain have 170m less shares in issue too, so would cost them much less to pay a dividend.

[kangaroo joe] 24/5/2023 14:34

How's your Polymetal investment doing Wally? Are you keeping or selling when they delist? 90% down? Never mind, can't win 'em all.

[stdyeddy] 24/5/2023 13:42

Another wolly -- lie; I've been following Kier for four years, not five. Mid-2019 is when the business shareprice crashed and I started trading Kier. At one point the shareprice tripled. During the last rights issue it almost tripled again from 50p.

Also, it's not true to say that I've always been positive about Kier -- twice I sold out after making money, due to disappointment in Davies's leadership and said so on here. However, though a bit slower than I would like, he is getting the business to where it needs to be.

Since Davies took over, Kier has raised hundreds of millions from asset sales and two rights issues. Thousands of staff were made redundant and contracts written down. The dividend of £50m was cancelled in 2019. We've also had a major pandemic which cost Kier millions in distance working and other arrangements and the biggest European war in seventy years causing a supply shock and inflation.

Kier has survived all of that, and now has net cash at year end instead of debt. Kier is winning more contracts by value than any of its peers. PIs sold out of Kier at the beginning of the war, but the share price suggests that people and institutions are buying back in (see the FT profile page for movements in major holders). Year-end is in six weeks. The UK is forecast to avoid recession, inflation is coming down. My prediction is that Kier's share price will continue to recover and will hit £2 on any kind of dividend prediction from management, possibly this autumn.

[itisonlymoney] 24/5/2023 12:37

a shame that wally has always made personal attacks. maybe he woldnt have been found out if he'd just been civil insteado calling everyone a ramper.

[stdyeddy] 24/5/2023 11:10

wolly, you are the one who got completely destroyed on here, trying to short Kier from 50p just before the successful rights issue, and adding to your short until it went over £1 and then getting completely wiped you out at 130p. That is why you are always on here, spouting rubbish. You lost everything and so you keep coming back out of bitterness and misery, and hoping that whoever is here will have somehow forgotten what an idiot you've been.

As for Kier's share issues; the last three were to dig itself out of a mismanaged hole, but all of the issues before that were to raise the money to buy three other construction businesses. That is why Kier is the largest regional UK construction business. Prior to the ill-advised buying spree, Kier was a much smaller company. You know this, but you constantly misrepresent the facts; that is why you are not trusted. On top of that, you have been caught lying on here so often that no one takes any notice of anything you say. I suspect that that is also the case in real life. Your ITM 'investment' went down every time you said that you'd bought. Again, more BS from you. We are used to hearing constant lies from you here.

Do you remember when you promised to apologise to everyone here if the share price broke through £1? When you eventually started posting again after being humiliated by the share price wiping out your short, you refused to apologise despite being reminded daily. Not only are you a liar wolly; you are also a person who doesn't keep their word.

[wallywoo] 24/5/2023 08:58

You are right, I have bgt itm at least 14 times now and sold 14 times. No stamp duty moves fast. Never hold longer than a few days and make that very clear on my BB posts. Asos has been a good trade for me too (no sd with IG for some weird reason). It's a trader's market, don't hold these for long.


They are a great trading share always good for a 5 - 20% swing. Now is not the time to own these volatile stocks.

Of course, you have almost exclusively posted on here for 5 years now. So you won't understand the concept of making money and profit.


With US debt default days away. I have been buying quality, large dividends stocks. Lgen, glen, etc. It could be a really tricky few months.


The great fiat currency demise has only just begun.

[stdyeddy] 24/5/2023 08:13

By the way wolly, I see that ITM, which you claimed to have bought into twice at over £1 is now worth just 69p. Another great investment idea, happily ignored by everyone who knows you.

As for 'doing the same for five years' -- more utter rubbish from you. I've followed the ups and downs of this business and the wider market, and sold and hedged whenever major events like the pandemic and the Ukraine war was causing major upheaval to all markets, and told everyone on here at the time. You have also posted on here for all of that time, but dribbling your aimless disparaging remarks at anyone who is interested in Kier, and you continue to post using your 'bathboy' label. You are a malignant pr@tt, constantly lying and and trying to get attention -- everyone knows why.

[stdyeddy] 24/5/2023 08:11

What rubbish!!! The business needed cash after Haydn Mursells's disastrous leadership up to 2018. Kier was on a well publicised re-capitalisation drive while Davies cleaned house, selling and writing down assets and issuing shares in the midst of a pandemic and a major European war. The company has been turned around -- losses have turned to small profits and will likely produce a very significant profit for this year.

[wallywoo] 24/5/2023 08:03

Lol, the shares are 7% less than the last cash call nearly 2 years ago. A terrible Terrible investment. No one listens to your incessant ramping any more. You have been doing the same thing for 5 years and no one has made any money. Most have lost a packet. Kier are surviving on shareholders cash. They have made none of their own for 7 years now. Any whiff of bad news and the share price will tank. Always the way with shares that have issued over 800% more shares in 6 years.

[stdyeddy] 24/5/2023 07:51

Idiot wolly finally finds time to post a little rubbish on here. Presumably you've been too busy being rude to people on other boards lately.

The fact is that since you posted a couple of months ago about how Kier would be going down, the shares have gone up by 30%!!! And that's even with the Ukraine war ongoing. The investment community is slowly coming around to the fact that Kier has recovered. You are a berk.

[wallywoo] 24/5/2023 07:38

Lol, nobody posting on here apart from the same paid rampers who have been posting since 2018.This is a dull investment with no dividend likely for many years. And of course, always another possible cash call around the corner. I am impressed that the real (not paid) advfn community are not falling for the awful investments in this sector. Finally, after decades of financial disasters, Pi's have this sector right and understood.

[itisonlymoney] 24/5/2023 07:10

RNS from Kier this morning.

HS2 Site Visit

Kier Group plc ("Kier" or "the Group"), a leading UK infrastructure services, construction and property group is hosting a site visit this morning to High Speed Rail Two ("HS2") for analysts and institutional investors. It will include a presentation on Kier's capabilities as part of the Eiffage, Kier, Ferrovial Construction and BAM Nuttall ("EKFB") joint venture.

[stdyeddy] 23/5/2023 07:10

Another school being built by our favourite construction firm:



A £20 million building investment in Thomas Keble School has been welcomed by MP Siobhan Baillie as part of the Government’s £2 billion increase in school funding nationally.

Work on the new building by Kier Construction began in February 2023 and it will be ready for occupation in September 2024.

The School Rebuilding Programme is providing a £1.8 billion investment for the 2023 to 2024 financial year to improve the condition of the school estate across England.

[stdyeddy] 22/5/2023 21:52

A Kier town centre regeneration scheme just starting:

Cheshire West: Work starts on £21m town centre regeneration scheme

[stdyeddy] 19/5/2023 21:02

What is really happening, is that Kier is on the way back to 130p, and, depending on Kier's revenue and cash at year end, potentially going much further. If Kier books circa £100m profit for the year and finally achieves the 90% cash conversion on that profit that Kesterton and Davies have been predicting, we will see net cash of £90m in the accounts and avg monthly debt somewhere in the region of £140m. I reckon that on those numbers alone, the shares will hit 150p. If there's any discussion about re-instating the dividend, we will be heading up to £2 for sure.

Current fwd p/e is about 3. Morgan Sindall is on 14. Kier should be on a p/e of at least 10 if it can demonstrate what I've suggested above. A p/e of 10 will put us on £2 plus. End of year for Kier is 30 June. We usually get an update a few weeks after.

The other big factor of course, is the war in Ukraine -- the pressure seems to be building on Putin, from all accounts and the Ukrainians MIGHT be about to create a big change in the status of the war. Positive outcomes there will be very positive for depressed shares like Kier. I'm looking forward to this summer.

[stdyeddy] 19/5/2023 21:00

hamham, wolly is still here, using one of his other 'handles' and posting as 'bathboy'. Now the pr@tt is trying to say he predicted Kier going up, even though he's been on here for years predicting complete wipeout. One 'positive' post out of his several thousand on here, and it's the only one that is anywhere near being right, except that he's trying to have his cake and eat it by saying that it'll go up, and then go down. Berk. All shares go up and down.

[hamhamham1] 19/5/2023 18:32

Remember those 3 fukwit trolls here? LMFAO.

[bathboy2] 19/5/2023 18:09

Taking a bit longer than i thought to get to the 85p i predicted, back on the 17th April 23 , post 24845 , but unless next update is really positive, it will fall away again, toe dippers , taking a chance , driving the uplift

[itisonlymoney] 18/5/2023 16:14

1.5m shares and 80p. we are in a genuine upward breakout.

[stdyeddy] 18/5/2023 13:24

And yet another Kier schools project has been greenlighted.



Cambridgeshire County Council has approved plans for the new 210-place primary school, which will also include a 26-place nursery. Once built it will be run by the Staploe Education Trust and will replace the existing primary school in the village.

[stutes] 18/5/2023 08:54

24th trading update we shall see if rate hikes have hurt K's profitability .