Kier Share Discussion Threads

[itisonlymoney] 10/11/2023 18:40

i discount your endless pronouncements on kier which have been wrong for four years. try reading your own gibberish and then explain to everyone here why you've been consistently wrong.

As for 'revenue without cost' - you clearly have no idea how the construction industry works. Andrew davies has led kier on a profit driven approach since he arrived. do your own "research" and read the accounts and the company's presentations. you clearly don't read the accounts or listen to investor presentations but you post on here every day. maybe you should start doing a little actual reading instead of preaching rubbish here everyday.

take a look at buckingham - they failed overall but kier bought the rail division and just 14 profitable contracts. there'll be more of those for sure.

as for 'doing the research' you have consistently shown that you know nothing about kier. just saying the word "research" doesn't mean that you've done any. you certainly don't know how to draw the right consclusions. that's why you've been wrong about kier. you are obviously driven by a personal vendetta rather than anything else. why else would you be writing on multiple share forums for four years making constantly disparaging comments regardless of what is actually happening.

[stutes] 10/11/2023 14:31

Do you discount experts like Mr Gove? Try doing some research on monetary squeeze, BoE downsizing QE and its affect on UK economy.
Once you've done the research engage in a real discussion.
As for turnover I'm reminded of the dangers of revenue without factoring in cost. Have a read of the Carillion story.

[itisonlymoney] 10/11/2023 12:41

more pointless doom mongering. if kier is a fitter business than the majority of construction firms and it picks up work due to other firms failing, its revenue increases. that's what's been happening lately, the new rail business being a case in point. best to look at actual results instead of trying to forecast doom like you do every day. you've been wrong for four years so far.

[stutes] 10/11/2023 07:41

HMG is K's biggest Client and if HMG delays or pulls projects the order book falls and K will need to reduce its cost base to reflect lower revenue.

[itisonlymoney] 09/11/2023 17:56

projected to be rough? who is saying this? what's the evidence? HS2 project has been shortened but kier's part is still going ahead. the savings according to the PM are going to be spent on more infrastructure projects - kier will probably pick up some of these. some construction firms will struggle but kier's early cost cutting and restructuring has positioned the business well for a downturn. selling the residential housing business was done just in time it seems.

btw, your doom forecasts for the past two years have been proven completely wrong as far as kier is concerned. I see that you have mostly given up posting your bullsh1t on here.

[bathboy2] 09/11/2023 14:23

Impending trading update will be interesting, on projected projects

[bathboy2] 09/11/2023 14:22

I know not necessarily new news to some in construction, but the next 6 months are projected to be particularly rough , and with the government seemingly misguided cutting of capital expenditures on major projects this is going to compound issues for the likes of tier 1 contractors IMO

[itisonlymoney] 02/11/2023 20:24

Kier picked for restructured £2.7bn Birmingham roads contract



Kier has been named as the preferred bidder for a restructured 11-year PFI contract to maintain Birmingham’s roads – but the move still requires government approval. The firm has maintained the city’s road network on an interim basis since 2020...

[stutes] 02/11/2023 16:44

I benchmark K with Morgan Sindall- the question is why K isn't producing the goods like MS?

[itisonlymoney] 02/11/2023 16:37

Chairman Mathew Lester bought £25k of Kier shares last week with his own money.

Trading update is due in a fortnight.

[itisonlymoney] 02/11/2023 16:35

Kier seals £225m Somerset roads deal

[itisonlymoney] 02/11/2023 16:34

Kier to take over works on Black Country stations started by failed Buckingham Group

[itisonlymoney] 02/11/2023 16:31

Kier wins £2.7bn Birmingham highways PFI contract

[stutes] 02/11/2023 16:09

Looks as if CN might be wrong? A 10 yr+ contract, it will be interesting how fluctuations are treated over the period?

[stutes] 31/10/2023 19:23

It is reported in CN that HMG is unwilling to fund £600m of the Birmingham road maintenance project: K has been tendering for the contract for sometime.

Looks as if HMG is using the capital budget to balance the books.

[stutes] 29/10/2023 15:20

BOE Likely to Highlight Recession Risk Ahead of Next UK Election

BoE mismanaged inflation and now played a major part in creating the recession.

[stutes] 23/10/2023 15:30

How can the strategy of merging and then separating the businesses not cause problems. K's flipflopping suggests to me K is struggling with its strategy? Will they end up closing one or both businesses?

[stutes] 23/10/2023 08:13

BoE and HMG have created the recession.

[sparty1] 20/10/2023 17:28

" everyone wants to go there apparently and Manchester, because they want to be the big player up north "

They can take their private jet up there then!
Are you taking over from Walley as chief Epsilon? Walley`s in BOO...I wonder how much he paid? £4? £3 £2 £1 50p?

I paid 29p average.

[stutes] 20/10/2023 15:53

Shows how HMG is using other people's money to fund capital investment.

[stutes] 20/10/2023 15:28

Look who's sucking money out of developers, employers and employees to fund their mess?

[stutes] 20/10/2023 15:16

As K reported good margins and trading in line with forecast there shouldn't be a similar provision for losses on fixed price contracts.