Kier Share Discussion Threads

[papillon] 17/9/2023 23:18

free stock charts from uk.advfn.com


1 year log chart.

The KIE chart currently looks bullish.

[papillon] 17/9/2023 23:15

free stock charts from uk.advfn.com


5 year log chart

[itisonlymoney] 17/9/2023 22:59

as usual, youre making up lies. anyone reading your kier posts will see what a liar and troll you have been.

[bathboy2] 17/9/2023 21:32

Litigation due soon , lodged by National Grid/Western Power Distribution, could be quite damaging,

[itisonlymoney] 17/9/2023 00:01

you're just desperate now. you think govt can only do one thing at a time? kier has hundreds of contracts and most of them arent with central govt. most are with regional authorities, nhs trusts, utility and power companies, rail networks, local councils. then there's the govt depts like the ministry of defence and ministry of justice and highways agency. hundreds of contracts that have already started. avg kier project takes two years, that's why they say funding is already committed. when spades are in the ground, it takes a lot to stop it, and cash has to be paid. are you trying to convince people that everything will stop? all the building and rebuilding of schools and hospitals? you think that's not urgent?

you say youre a broken watch but you haven't been right once yet in four years, let alone twice. give it up, you sound like a fool.

[stutes] 16/9/2023 19:47

Remember a broken watch is correct twice every day?
The current Government needs to redirect money to stop the rot and waiting list and cost of living comes before construction.

[marksp2011] 16/9/2023 13:17

Spent some time reading the results and viewing the presentationPessimistic man I am but they make good reading. They have to refi in Jan 2025 and looking at the direction of travel my guess is they won't need a lot so 50m revolving credit should cover them

[kangaroo joe] 16/9/2023 08:06

At last bright light at the end of the tunnel!Let's hope and pray there's no RAAC supporting it!I've been holding since 2014 and caught the falling knife more than once!I have more confidence now than at any time since Wolly recommended Polymetal!

[stdyeddy] 15/9/2023 16:56

We very nearly hit 5 million shares today again. Another director appears to have bought shares (see RNS at 4.06pm) with their own money; about £27k for his kids' (at a guess) ISAs by the look of it.

[stdyeddy] 15/9/2023 15:36

We just spiked through £1. The rise today is bigger than yesterday's. We could be on for another 5 million shares today. With any luck there'll be press discussion of Kier over the weekend and a continuation next week. £1.50 sooner, rather than later?

[villarich] 15/9/2023 15:08

£1 about to be paid. Love it!

[itisonlymoney] 15/9/2023 14:40

stutes and others have been blathering on about the sky falling for years on every kier investor board. all the time kier has continued its recovering. trolls here, especially the gummy fools pretending that they understand big picture economics, are wasting their time and ours. kiers results speak volumes in black and white. the kier bulls have been proven right. £1 imminently. £1.50 probably in the next 6 months. depending on performance we could be seeing £2 and a return to the ftse250 for kier next year.

[itisonlymoney] 15/9/2023 14:37

stutes has been blathering on about the sky falling for years. all the time kier has continued its recovering. trolls here, especially the gummy old fools pretending that they understand big picture economics, are wasting their time and ours. kiers results speak volumes in black and white. the bulls have been proven right. £1 imminently. £1.50 probably in the next 6 months. depending on performance we could be seeing £2 and a return to the ftse250 for kier next year.

[hamhamham1] 15/9/2023 14:34

Next years (2024) income is 85% in the bag already. That'll bridge to the Labout gov. Expect it to get to near 100% by end of this year.

[hamhamham1] 15/9/2023 14:30

Average month-end net debt for the year ended 30 June 2023 was £(232.1)m (FY22: £(216.1)m). As outlined in our FY22 results, the Group expected an increase in average month-end net debt due to the anticipated repayment of debt-like items such as KEPS and lower activity in our Construction business until the fourth quarter of the year. The average month-end net debt balance of £(232.1)m was better than expected due to mitigating actions taken through the year. The Group used positive operating cash flow to repay the average KEPS balance of £56.2m, to pay pension deficit obligations and to repay the remaining HMRC COVID-19 support of £6.1m.

The Group continued to win new, high-quality and profitable work in its markets on terms and rates which reflect the Group's bidding discipline and risk management.

The order book has increased to £10.1bn (FY22: £9.8bn), a 3.1% increase compared to the prior year end. c.85% of revenue for FY24 is already secured which provides certainty of further progress over next year.

[stutes] 15/9/2023 14:26

In the meantime the Government is set to run down the clock till January 2025, BoE has lost the confidence of the general public; If Labour gets in they will need to do an emergency budget but who can they tax when taxation is already at its highest?

The developing story over HS2 could mean other projects are canned to pay for say racc or NHS waiting list? If UK is to grow the private sector needs to spend rather than HMG and that is being affected by inflation, lending appetite and taxation.The promising results could be adversely affected. What the construction sector needs is to see a new Government im 2023 rather than 2025.

[spagboll] 15/9/2023 14:08

Good to see a positive set of results, I've been holding for the recovery. Let's see in six months, the expectation is certainly there now so credit to the management for making the dividend comment - it would have been safer for them to keep quiet. @Marksp2011 I am now a chartist if that is the case haha

[dogwithabone] 15/9/2023 14:00

It's hard to ignore these results from Kier yesterday. The two day rise seems to be a slow burn as the market gets reacquainted with Kier Group after several years of the business being on thin ice. I've followed the group's story for a while and I am in as a new investor.

For those of you who watched the investor presentation yesterday, the management presented a compelling story of a completed turnaround and strong forward earnings. I see the share price continuing to rise to the broker targets and beyond. A p/e of 10 seems very reasonable for Kier as one of the leading UK constructors and one of the biggest.

[marksp2011] 15/9/2023 14:00

If I extrapolate the chart, we should overtake Nvidia by Xmas

[hamhamham1] 15/9/2023 13:38

The debt is at a manageable level now, margins improving and they winning contracts left, right and centre. New contracts having inflation clauses.
Wait till Labour get in and spend buckets on schools and hospitals, I see peak share price level here around 2025/26.

[stutes] 15/9/2023 13:23

Just read my thoughts on the economy, past management. I think the City could be manipulating shareholders to stump up more cash to cut the debt and afterwards lower the share price. If the current Board were to say no rights issue then my comment is addressed.
Shareholders have stumped cash in the past and seen price drop.we

[hamhamham1] 15/9/2023 11:31

Whilst ambitious nay greedy, 100p today would be nice start to the weekend!
GLA genuine holders

Update: now 97.8p, only 2.2p to go :)

Update2: 99.9p, once it hits 100p, it may take 2 or 3 knocks at the door to burst through, but it will, patience ;)

[itisonlymoney] 15/9/2023 11:19

pbctoday reporting on Kier's results.

Kier full year results sees profit margin rise to 3.9%



Kier’s full year results showed a considerable round of profits, with revenue increasing to £3.41bn
Kier’s latest results for the year to end 30 June 2023 showed a pre-tax profit increase from £94.1m to £104.8m, with profits at a statutory level significantly increasing from £15.9m to £51.9m.

The statutory profit margin settled at 1.65% for 2022/23- but when adjusted becomes 3.9%, above Kier’s 3.5% adjusted profit margin target.

This was partially attributed to net cash increasing by a whopping 2,110% to £64.1m.

[hamhamham1] 15/9/2023 11:00

Stutes, what's the reason for the constant digs at Kier, did you get burnt here, looking to get in cheaper... or just a general troll is an option I guess?

[hamhamham1] 15/9/2023 10:56

Stutes. Hilarious looking through your Kier posts, all have a subtle dig at Kier and try to portray trouble ahead.
Keep it up, most amusing as the share price rises even more :)