Kier Share Discussion Threads

[bathboy2] 26/6/2024 19:12

The package debt is high enough and having to be serviced to up to 9%, could be around 40mn a year overall.Net debt is a totally different entity, that is a trading pot , and admittedly lowering , but a long way to go , there is no way Kier should be paying a dividend.Basically they did this by adding 25mn to the packaged debt.Again all documented, but chosen to be glossed over.What is the reason for a couple of days of reasonable percentage drops , anyone know.??

[stutes] 26/6/2024 16:48

You struggle to understand business If a company is doing £4bn turnover, ask an accountant how much a firm needs to bankroll such a turnover and then the penny might at last drop.

[itisonlymoney] 26/6/2024 16:12

You can read the annual report to see these numbers, though I know that you struggle with understanding annual reports stutes. Perhaps find an adult to help you. money owed to suppliers is shown in 'trade payables' on the balance sheet.

as xamf has explained, kier's debt is low for a business with £4bn turnover.

[stutes] 26/6/2024 15:56

Why focus on net debt. The point is how much debt does a firm need to fund its business? How much of the cash at bank is owed to the supply chain or staff salaries?

[johnrxx99] 26/6/2024 09:27

LOLOL. Even today with good buying, share price doesn't move. RR. it will never be but a steady Eddie, I hope.

[xamf] 26/6/2024 07:43

Wallywoo: The number of shares in issue is irrelevant. The eps figure is the key measure to gauge profitability.

Bathboy: You talk about packaged debt as if it is somehow special debt that is hiding away. The net debt figure has almost halved over the past 12 months and Kier have stated their intention to reduce this further. If packaged debt was a problem then the net debt figure would not be reducing in the way it has.

All shares are priced based on their value and the risks or otherwise that their market sector presents. Sure operating profits are tight in the construction sector but it's hardly a reason to discredit Kier specifically. Posting on these boards isn't going to affect mid-cap stocks like Kier. Just being overtly negative (or positive) without a reasoned argument helps nobody and ultimately makes no difference to the share price

[wallywoo] 25/6/2024 10:15

Much more volatile stocks to short currently than this. I have no doubt that Kier's time will come again though. With nearly 8.5x the number of shares in circulation than 8 years ago, the shares would be trading at a equivalent price of 1150p today (with the same market cap).Like I said with the risks involved and low returns this looks fully valued to me.

[itisonlymoney] 24/6/2024 16:10

so you haven't got the nerve to short kier. and you're not investing either. and no one is "paid ramper" here because there's been practically no posts for several months. as was pointed out earlier, you're just seeking attention. you're too boring and too stupid, posting misinformation just to get a reaction. if anyone takes anything you write seriously, more fool them, because you're a known liar. btw, last time you said the share price was going nowhere, it trebled. knock yourself out idiot. 🥱

[wallywoo] 24/6/2024 15:51

Nah because there are 451m shares in issue this will never shoot up.


Then of course you have the added problems of ;

1) off balance sheet debt

2) high risk / low margin contracts

3) still has weak balance sheet with very little net assets (after ignoring all the silly goodwill assets).


The best you can hope for is a 1-3% dividend yield and a share price around 130 -150p.

Doesn't sound great to me, with all that risk and when you can get 5% from the bank.. And of course, lots of work for paid rampers trying to keep demand up for all those shares!!!

[wallywoo] 24/6/2024 13:50

Yes that's the first dividend for 7 years. Hence why it has returned 1% in 7 years (29%) real return after inflation.

[pric9447] 24/6/2024 13:41

Burk, had a dividend payment only a few weeks ago, end of May.

[bathboy2] 24/6/2024 13:35

The bit that makes me laugh is they don't ever acknowledge the packaged debt , as I clearly pointed out the other day , I expect them to come back with some childish playground bully tactics, what is going to happen when Davies says he's off, once he's trousered his bonuses , getting Kier to this point , it without the right person at the helm , it could soon retract, from here , at less than 1% profit margin, that could soon be eroded

[wallywoo] 24/6/2024 11:52

Lol, this company survived because it issued 850% more shares. So the amount of money Kier has ask of shareholders is huge. Whereas the returns have been terrible (1 x 1% dividend in 7 years).It has been a terrible investment that has been peddled by the same conmen on here, all that time. Your attempts to discredit me are just sad. You must be proud!!!

[itisonlymoney] 24/6/2024 11:31

funny how these "paid rampers" don't bother posting until you come along talking rubbish. you've got a bad reputation wally, deservedly so due to a history of telling lies on advfn. who is "ramping"? the answer is no one. all you;re doing is starting a pointless back and forth like before that went on for ages until you gave up due to the shareprice proving you wrong.

[stdyeddy] 24/6/2024 09:49

What a berk you are wolly; 'I'm a real pi... I'm a real pi...' Yes, you've got some of the letters right. A real pr!ck.

Your comment; 'Personally I hate it and avoid the sector. Feels like a con trick to me.'

Well you're not avoiding it today. Nor did you avoid it when you were long on Interserve and had your holding wiped out a few years back, and then claimed a couple of years later that you were shorting Kier before its last rights issue, giving us constant updates on how you were increasing your short while the price went against you, starting from 50p then 70s and 80s until finally the shares hit 130p and your account was totally blown up. Remember all of that, you lying pompous pr@t?

[stdyeddy] 24/6/2024 09:43

So wolly/bathboy, biggest pr@att on advfn is back posting here. Perhaps you'd like to remind 'readers' about how you were determined that no one should invest in Kier when the shares were around 50 pence, HOW YOU BESEECHED THEM TO SELL and how the shareprice has almost TREBLED since then.

Your pompous boring doom-mongering is invariably the prelude to big rises in the share price and today seems to be no different.

And btw, Kier's issuance of shares (two rights issues) was solely to refinance the company after the mismanagement of Hayden Mursell's management team prior to 2019 AS YOU WELL KNOW, BECAUSE YOU WERE SPEWING RUBBISH HERE FOR SEVERAL YEARS. Andrew Davies has transformed the company over the last five years, so please stick that thought up your bullsh1t spreading ar$e.

[wallywoo] 24/6/2024 08:19

Lol, itsonlymoney!! You are funny.

Bathboy and you only post on this BB (99%). I am a real pi with diverse holdings and post on multiple BB'S. Bathboy and you are much more likely to be the same, since the purpose of your posts is to drive interest to an investment BB that has 850% more shares to sell than 8 years ago.

All contract Builders have multiple contracts from large to small. Contract builders are statistically more likely to fall into balance sheet problems than any other investment (multiple large companies have gone bust over many decades). I have just informed any interested reader's why that is. Since that is contrary to your purpose to raise demand for Kier shares, you try your hardest to discredit me.

[itisonlymoney] 24/6/2024 07:11

risk: kier has hundreds of contracts with relatively small size, individual schools, hospital extensions, etc. avg contract size is only about £12m from memory, so risk is minimised. also the new ceo changed kier's approach to risk and profitability, which meant kier not winning some new work. they are more discriminating and have been for since 2019.

[itisonlymoney] 24/6/2024 07:07

actually not a long time since you have been on here wallywoo since you're also posting here as bathboy2. good that you start off lying immediately so that ppl can see what you are.