Kier Share Discussion Threads

[bathboy2] 21/7/2024 09:42

The Channing's wood contract was awarded approximately 18 months ago , been redesigned in the interim and the design.was finally agreed prior the change of government

[stutes] 20/7/2024 09:53

Your entitled to do whatever ,it's a democracy , a point missed by a few on this site. Freedom of speech should not be diminished by a few hardheaded people, be they: politicians or employees of a company.

[itisonlymoney] 20/7/2024 02:02

First contract with Labour govt. It's a big one:

Kier has been awarded a £200m contract by the Ministry of Justice to expand to HMP Channings Wood, a Category C men’s prison near Newton Abbot in Devon.



More reporting on this contract:

Kier appointed to expand HMP Channings Wood in UK

The expansion aims to add 494 new prison places through the construction of energy-efficient T60 houseblocks.

[richsawko] 19/7/2024 14:06

He does appear a bit stuck in the past I agree.Nothing in construction is smooth and margins are generally small but correctly managed projects is key to success

[xamf] 19/7/2024 12:30

I've finally decided to filter Stutes. We're all here to make money by taking a pragmatic balanced view based on fundamentals and the broader sector prospects.There are pros and cons to all stock picks.
I relish opposing views for this reason but his arguments seem borderline fanatical rather than rational.

[richsawko] 19/7/2024 12:23

Yes agreed great pipeline of work on hospital, schools and prisons all of which Labour have said they are going to push. Good Times ahead for Kier I am sure

[itisonlymoney] 19/7/2024 09:10

Including this one won this week:

Kier has clinched a job to build a new teaching block as part of the £47m redevelopment of London South East Colleges’ Greenwich Campus.

[itisonlymoney] 19/7/2024 09:08

Kier has literally hundreds of contracts in progress.



Kier: Construction giant’s order book nears £11bn on back of contract wins

[itisonlymoney] 19/7/2024 08:42

Thanks for your 'opinion'. I will consider that against a number of things:
1. You won't explain why you've been posting negative posts here for two years. you simply ignore the question even though you've been asked by different posters and many times. that means you're unable to have an honest conversation. You're basically dishonest.

2. You aren't able to post ONE SINGLE POST out of hundreds where whatever you've claimed has been true.

3. regarding you're claim about suppliers payment, kier pays suppliers on average within 32 days and has done so for several years. there is no change there. the management has stated in the trading update clearly that cash generation is coming from profit. you have no evidence for your 'opinion'.

4. kier's banking facilities are appropriate for a business with a £4bn turnover and kier has £165m in net cash. that is £100m more than a year ago. the forward price earnings for kier is 5. just 5. that's about one third of the current p/e. it's way below the sector average. on a price earnings basis the shareprice should at least double from here.

[stutes] 19/7/2024 08:25

In my opinion K is recovering but share price is ahead of the business recovery. I hold the opinion some of K"s cash improvement is due to the management of suppliers payment rather than funded through bank lending. As for the current banking facility why does K need such a sizeable facility if it is set to make 3.5% margin? It just looks to me K needs to switch away from bank lending and more to tapping the shareholders.
Based on the above I think share price is high and small shareholders could be the meat in the sandwich of Citu/Firm?

[everton448] 19/7/2024 07:49

Liberum say Kier's growth potential not priced in, and iterate buy recommendation and target price 250

[xamf] 18/7/2024 16:45

Stutes- I don’t understand your motive for posting here. You clearly can’t be short or you’d be sitting on large losses by now. So why do you bother? Indeed what effect do you hope to achieve? Even if your negative posts were to influence some it's not going to affect the share price of a FTSE250 stock. It's like you have an irrational grudge against Kier.

[stutes] 18/7/2024 16:22

Employee of Kier?

[itisonlymoney] 18/7/2024 15:07

and that link that you've posted is completely irrelevant. kier took over birmingham roads maintenance on an entirely different agreement and was a beneficiary of the failure of the amey contract. again, more rubbish.

you're in denial about the real story which is kier's massive success. Huge order book, massive cash generation, £165m in net cash, a £100m increase in just one year. Davies has transformed the business and it is paying dividends again, back in the ftse250, profitable, securely funded and the leader in lots of construction sectors. it's an amazing hard-won transformation from being a bombed out shell four years ago.

[itisonlymoney] 18/7/2024 14:57

Like I said, show me just one post where you've been right. You can't even show one. Just trolling for attention.

As for 'tenders' and the general election, the election is over and kier has £10.7bn in contracts, enough to keep it more than busy for the next two years. House-building boom? what house-building boom? if there is one, kier will be part of it in its network rail joint venture. you are wasting your time here, talking rubbish.

[stutes] 18/7/2024 14:57

The above report shows the delays suffered on pfi scheme- a point I believe you glossed over?
Some advice - try to engage in a debate rather shout it down.

[stutes] 18/7/2024 14:36

You've been wrong too many times to mention - Thames Water not keeping to its capital spend, General Election affecting release of tenders, projects put on hold Sunnica.
Your failure to address why second tranche suppliers are not paid on time. Those who want to can look at your vacuous comments.
3.5% margin on £4bn revenue- we shall see how HMG exerts its buying power and if housebuilding boom creates shortages in construction sector. Your posts,suggedts to me you might work for Kier?

[countbasie1] 18/7/2024 13:18

Thanks for your response. Good luck.

[itisonlymoney] 18/7/2024 12:31

btw, if you read the update, you'll see that kier has £165m in net cash and access to £400m in debt facilities (mostly undrawn) and has no need of any extra working capital.

[itisonlymoney] 18/7/2024 12:29

stutes, you've trolled this thread with hundreds of doom-mongering posts over the last couple of years. can you point to any one of them that has been true? Even just one?

You've also failed to ever explain why you're posting here so i'm assuming you're an attention seeking child. Show me just one post out of your hundreds that was right and if you can't do that, stop being such an @sshole.

[itisonlymoney] 18/7/2024 12:15

A guess at this point, but happy to make one. i reckon kier could pay out about £30m in dividends. That would be a yield of about 4% on the current shareprice of 160p.

[stutes] 18/7/2024 11:57

Wait for the rights issue to boost working capital as revenue increases.

[countbasie1] 18/7/2024 11:45

Thanks for your reply. Much appreciated.Do you have an idea of how much the dividend might be?

[itisonlymoney] 18/7/2024 11:33

No qualifying period for the dividend. You just have to own the shares on the date of the 'record date'. It's sometimes even after the announcement.