Kier Share Discussion Threads

[ontheforks] 28/9/2023 18:20

Woo hoo £281.66 in profit lol think my shares averaged at £1.11 when they switched stock traders and to think wally Woodford advised me to sell them when they were somewhere in the mid £0.60s I'd hate to have him investing my life savings 😂 good luck longs 👍🏻

[bathboy2] 27/9/2023 18:18

Why have an investor day ????

[itisonlymoney] 27/9/2023 16:35

complete nonesense bathboy like every one of yr hundreds of predictions since you started posting here. kier is generating its own cash. £130m for this full yr. seriously, i don't know why you are still posting here.

[bathboy2] 27/9/2023 11:44

I reckon going for a cash call as predicted , why else would they be doing??

[simski99] 27/9/2023 10:16

Kier are hosting a retail investor presentation at 10.30am tomorrow, Thursday 28th September. They have announced it on RNS, but if people want to sign up, the link is here:

Retail Investor Presentation


The live online Retail Investor Presentation will be held at 10:30am BST on 28 September 2023 and will be open to all existing and potential shareholders. To attend, please register via the following link:


us06web.zoom.us/webinar/register/WN_43xcLFGlSTqFTqNIsyXLzA

Could be interesting....

[simski99] 27/9/2023 09:57

Kier are hosting a retail investor presentation at 10.30am tomorrow, Thursday 28th September. They have announced it on RNS, but if people want to sign up, the link is here:

Retail Investor Presentation


The live online Retail Investor Presentation will be held at 10:30am BST on 28 September 2023 and will be open to all existing and potential shareholders. To attend, please register via the following link:


us06web.zoom.us/webinar/register/WN_43xcLFGlSTqFTqNIsyXLzA

Could be interesting....

[greenhat2] 22/9/2023 14:27

Another Director buy

[bathboy2] 22/9/2023 13:31

I expect the divi ,to be between 1 to 3 p per share IMO

[itisonlymoney] 22/9/2023 13:14

i agree with most of that propdeveloper, but the turnover is £3.4bn. 10.1bn is the order book. kier cld be making £120m a yr. cash conversion is promised at 90%. potentially maybe 20p a share. still a great return on 110p.

[propdeveloper] 22/9/2023 12:39

Consultants have professional indemnity for design work. This is a lot of money plus their work is what is signed off, etc. Eg structural engineers.

Contractors are the do-ers and as long as they execute to the design they have no comeback. However if they cut corners then their are problems. That's why there is profit delta.

Kier seems to be okay currently, and if this 6 month of trading is as expected a dividend will be paid. This is a company to watch for the next 12 months at least before the malaise of another election circa Dec 2024.

I'd expect first few divi's to be conservative but suspect shares will increase on that news and if margins are still 3.9%. Think about it, 500M shares-ish and 8bn turnover at 3.9% profit gives a rough profit of 75p per share! A share price won't be at this level if that comes to fruition.

[stutes] 21/9/2023 10:06

Contractors have become more management contractors with more work/risk packaged to subcontractors. It begs the question why consultants earn over 10%+ on revenue and contractors 3% to 3.9% on taking most of the contractual risk?

[stdyeddy] 20/9/2023 11:55

I feel for you Mark. It must be utter torture for you to read this board. I wonder why you put yourself through it.

Happily the share price continues to rise. The recent results are vindication for the 'bulls' who didn't believe it was all over for Kier -- the company is making a strong recovery.

[muckshifter] 20/9/2023 11:02

I sympathise with marksp's view because many of my old friends at Kier will have retired with large shareholdings from the management buyout days thinking they were going to have a wealthy retirement with great dividends and further share appreciation. Hopefully, many of them would have been as sceptical as I was about the actions of the senior management after John Dodds retired, and perhaps sold their shares.
For those of us who bought in after the wholesale management change these are good times and the future looks promising, even if it was delayed by the pandemic and numerous other factors. So, sympathy and celebration for me.

[itisonlymoney] 19/9/2023 19:07

mark, i reckon the complete vindication is in profit and the cash generation. kier is doing well now and is not going down the tubes, which is contrary to what the trolls have been saying here for four years. the bulls here have been the ones backing the recovery, not the big losses caused by the previous management. what's the point of yr post? just trying to cause a bit of outrage?

[itisonlymoney] 19/9/2023 18:58

stutes, desperate trolling. pathetic. you shld just admit that youve been wrong about kier. work dried up during the pandemic. lots of projects paused and deferred. same now with inflation. but kier survived it cos theyd already spent money making the bsuiness lean. now kier is picking up work where other firms are failing, like buckingham and there will be more.

why do you think henryboot is worried about not having work while kier has a £10bn order book with 85% of it already started? kier has won places on all the big frameworks, more than other businesses, thats why. for 4 years youve been saying the sh1t will hit the fan and other stupid cliches. don't you feel a bit ashamed that youve been trying to mislead people for so long? its obvious now that youre a troll when people look back at the messages from actual investors on this board countering your bs. what are you even doing here if youre not invested and youre always wrong?

its you who hasnt been able to see the big picture. a picture four years long.

[stutes] 19/9/2023 17:42

Remember your comments when it hits the fan and why you failed to see the big picture.

Yes on 2 FCF calc K is worth around 120p + but the macro is key to the calc.

[bathboy2] 19/9/2023 14:12

Looks like Henry Boot are being sensible , not chasing turnover , as in all business yearly accounts are backward looking , when profitability and security is forward looking , and kier definitely not repaired yet , at least 2 to 3 years from that IMO , a very long time in a low margin business,

[stdyeddy] 19/9/2023 13:29

It's great to see the complete vindication of the Kier bulls here. The lies and rubbish spouted by the trolls (we still have one left) about this company over the last year or three, continue to be a vivid comment on the deceit and corruption commonplace on social media of all sorts. Faced with the facts in black and white of a rebuilt and repaired company it seems they have run out of lies and are doubtless spreading misinformation elsewhere on advfn.

Congratulations to small investors who were able to see past this. Kier seems to be on a steady upward trajectory now and will ultimately rejoin the FTSE250, perhaps within the year, adding even more momentum to the share price recovery. While other contractors struggle, Kier's dominance on framework contracts which produce a steady pipeline of work is underpinning the business's strong progress.

I think it's worth keeping in mind that Kier's fall back in 2019 occurred after having its finances hollowed out by the previous management to an unsustainable point through the relentless extraction of cash dividends, and a string of expensive business mergers/takeovers.

The fact that Kier has achieved recovery AND repaired the business in the face of a global pandemic, a major European war, and a massive spike in inflation, shows the fundamental strength of the business and a change in the competitive environment -- with Carillion and Interserve both failing (Tilbury Douglas is a shadow of the old Interserve business), major competitors gave up market share to Kier and gave a wake-up call to industry and customers which is enabling sustainable margins. Long may it continue.

[hamhamham1] 19/9/2023 12:59

Stutes, you really have got issues, life's too short to keep trying to gig up dirt, every board has one I guess
It reminds me discodave on CNA, sigh..
Usually the been burnt before and bitter.

[stutes] 19/9/2023 11:32

Is construction work drying up and firms without 100% secured budget turnover either forced to downsize/cut margin? The BoE is reported to be set to hike rates again without allowing past hikes to bed down - they appear to have one agenda - higher unemployment and a recession.

[stdyeddy] 18/9/2023 13:22

Another big day for Kier trades as the market continues to re-rate our favourite construction firm; two million shares half-way through the day and about 4% up again.

Kier are finally putting a little more effort into investor relations -- Andrew Davies, Chief Executive Officer and Simon Kesterton, Chief Financial Officer will be hosting a live online retail investor presentation at 10:30am on Thursday 28 September 2023 (joining details are in the trading update RNS last week).

Also, three board directors bought shares with their own cash last week.

I have a feeling we could get to 130p within a month or two. GLA.