Kier Share Discussion Threads

[bathboy2] 01/11/2024 08:16

Looks like the backlash has started , wouldn't be surprised if a vote of no confidence in the government will happen , and starmer and his cronies will be gone , but damage has been done , these politicians live in a parallel universe, with CGT going on pensions in a few years , again we save and try to look after ourselves and get penalised for it

[bathboy2] 31/10/2024 12:39

See that the OBR and the IFS have both come out and said that Labour have expanded the truth to the extent of lying to the electorate , especially as some of the black hole has been added to since they have come to power. This will backfire on them , especially as the have made massive enemies in the farming community, with home grown food could be a thing of the past, , this will also hurt their climate credentials, they will damage this country again and push it to bankruptcy, like they nearly did last time , but people have short memories

[johnrxx99] 31/10/2024 08:14

As long as they don't start buying contracts again, I'll be happy to wait.

[bathboy2] 31/10/2024 07:43

Potentially will be able to be fed in to pricing in time , but the government have already stated , they will look at all government contracts , this will mean , more risk put at the doors of the bidders , the days of cost plus contracts will disappear again , this way is always cyclical, I've seen cost plus contracts come and go over the last 40 years in business ,

[johnrxx99] 30/10/2024 23:40

bathboy2 - won't the wage increases be reflected across the industry by higher bids - ie the tax payer will foot the bill for government contracts?

Well, I hope so.

[bathboy2] 30/10/2024 17:10

Big employers costs going on with , how many staff have Kier 11k or more , that 1.5% increase on payroll , plus normal wage increases and extra employees rights , certainly going to hurt a company with low margins , with the contract realignments , it is going to be hard to extract value

[undervaluedassets] 30/10/2024 13:45

not even KIER can stuff this up surely—loads of potential in this budget for them.

[richsawko] 30/10/2024 09:37

Hold the shares in an ISA to avoid the tax, quite easy and transparent

[bathboy2] 30/10/2024 08:54

Pointless changing fiscal rules to borrow more , debt is debt regardless , the main economy of the country is basically going to shafted , and this extra money will just get wasted by useless government departments , to put more barriers in the way of construction , I very much of the money touted will actually go in to real projects , remember more workers on the dole at the end of a labour government than at the start , history tells us , and what was the note left on the no11 downing street table , after the last labour government, ,' dont bother looking for the money , because there isn't any ' , plenty in the coffers now as was being spent carefully , and any black hole was caused by COVID only , so wasn't hidden , always knew this would take years to pay back , and was being done in a managed way , this will totally go out the window today and wait for the pensions attack and capital gains taxes coming on your shares when you sell , if Kier share price rises as some suggest , how will anyone like paying 39%, tax on the gain , that will hit investment/pensions massively, for those who voted labour , remember I said , 'careful for what you wish for ' just saying lol

[richsawko] 30/10/2024 08:31

Rising on the back of expectations for infrastructure funding at todays budget. Will be extremely positive for Kier even if not for the rest of us!

[bathboy2] 29/10/2024 16:41

Or do you mean all over the place lol

[undervaluedassets] 29/10/2024 06:29

Kier are everywhere .

Set to be a big winner from Labour's plans

[stdyeddy] 28/10/2024 17:46

Big picture view for construction overall and all of Kier's core markets as the UK's largest regional construction firm, is looking very positive.

CHANCELLOR FINDS OVER £1BN FOR NEW SCHOOLS AND SOCIAL HOME



Chancellor Rachel Reeves will announce in Wednesday’s Budget an extra £550m next year to get the school building programme on track and an extra £500m to boost affordable housing.

The extra spending on schools will lift next year’s school building programme spend up to £1.4bn.

[stdyeddy] 28/10/2024 17:35

A bit more detail on the news that itsonlymoney posted on Friday, about Kier winning another big MoD contract.

KIER LANDS £100M NAVAL HELICOPTER BASE REBUILD

Kier has landed a major four-year construction project to upgrade and expand facilities at the Royal Naval’s anti-submarine helicopter airbase at Culdrose in Cornwall.

[davesailing] 28/10/2024 15:50

https://www.constructionnews.co.uk/contractors/kier/kier-scoops-100m-royal-navy-helicopter-base-revamp-28-10-2024/

[davesailing] 28/10/2024 15:46

https://www.constructionnews.co.uk/contractors/kier/kier-scoops-100m-royal-navy-helicopter-base-revamp-28-10-2024/

[stutes] 28/10/2024 15:07

Do you remember a certain party adamant that ISG's collapse wouldn't affect other construction firms' supply chain. Well the hit so far to ISG supply chain is £300m with one electrical firm reportedly owed £20m.
The support of the banks and HMG is critical to limit any contagion across the industry.

[itisonlymoney] 27/10/2024 06:56

kier is one of the largest, and maybe even THE largest builder of schools. looks like there will be many more schools projects for the next few years.

Reeves pledges £1.4bn for 'crumbling' classrooms

[itisonlymoney] 25/10/2024 13:15

Kier is redeveloping RNAS Culdrose (a big contract):



At a meeting on Thursday, it was announced that a contract for the work had been awarded to Kier Construction, and that Mott MacDonald would provide technical services.

The total cost is £99.5m and work is scheduled for completion in the spring of 2028.

[stutes] 24/10/2024 10:32

Trading update in November will show how close K is to matching MS (excluding Fitout).

[everton448] 24/10/2024 08:07

Ex dividend today

[stutes] 23/10/2024 15:36

If K doesn't match MS for margin then would it be reasonable for investors to switch out of K and into MS or have they missed the boat?

[stutes] 23/10/2024 09:10

The positive news out of MS was mainly down to Fitout business - how much of K's revenue comes from fitout contracts?
The update also shows what happens to ashare price if you have a good CEO.

[stutes] 22/10/2024 16:09

Yes the results for MS are very good, mainly driven by fitout unit. How much of K's work is from the fitout sector? How much of its revenue is cost plus and now subject to renegotiation? K isn't a MS but one day might.
If Mr Morgan had been appointed as K's CEO 20 yes ago - How much would K's shares be trading today? I leave it to you to suggest a figure.

[itisonlymoney] 22/10/2024 11:16

mgns reporting good results today. continuing good news for the construction industry. inflation falling is also good. kier is up today against the falling main index, so there's a lot of momentum here.