Kier Share Discussion Threads

[itisonlymoney] 18/11/2024 12:47

Kier Group plc has announced a change in major holdings, with Perpetual Limited of Sydney, Australia increasing its voting rights to 5.049% as of November 14, 2024. This marks an increase from its previous position of 4.815%, highlighting a growing interest in the company’s shares by international investors. Such movements can indicate shifts in investor sentiment and potential impacts on Kier Group’s future market performance.

[itisonlymoney] 18/11/2024 12:45

rns an hour ago - an institutional investor increasing its holding in kier.

[itisonlymoney] 14/11/2024 20:02

brilliant day today. start of the rise to £2 plus.

[martinmc123] 14/11/2024 11:47

4*
Kier Group issued an encouraging AGM update this morning. The current financial year has started well and the Group is trading in line with the Board's expectations. Similar to the prior year, the Group's performance is expected to be second-half weighted. The order book currently stands at c.£10.9bn (30 June 2024: £10.8bn) and c.95% of FY25 Group revenue is now estimated to be secured, up from c.90% previously announced, providing a high degree of certainty for the Group. Consensus estimates are for around 6.5%-7% revenue growth which would be another solid year. And as CEO Andrew Davies noted, the business is “well positioned to benefit from UK Government infrastructure spending plans into areas where Kier offers market leading services.”

wealthoracle.co.uk/detailed-result-full/KIE/976

[stdyeddy] 14/11/2024 08:10

Positive update. Slowly growing the business and building cash. Nothing to see here. The shares are hugely under-rated.

[no24rton] 14/11/2024 07:37

TU today..

Net cash / debt



Kier has maintained its focus on operational delivery and cash management. The Group continues to de-leverage in-line with the Board's expectations and anticipates a significant period-on-period improvement.

looking good going forward.

[stdyeddy] 12/11/2024 19:12

Looks like some significant contracts are coming Kier's way.



Kier being asked to look at ISG’s government jobs as firm takes on dozens of staff from stricken contractor

Chief executive Andrew Davies says company not interested in collapsed company’s private sector work

Kier has been sounded out about taking on some former ISG jobs left stalled by the firm’s collapse nearly eight weeks ago.

The FTSE 250 firm’s chief executive Andrew Davies also told Building it had taken on around 70 former ISG staff as well.

Davies said they were project-based employees and added the firm had been asked about taking over some ISG jobs in the public sector.

But he said: “Absolutely no private. We will not touch the private ones, it’s not our strategy.”

[bathboy2] 12/11/2024 13:09

Within reason , construction is all encompassing, regardless if houses or civils work , the all need staff , concrete etc and above all pricing properly, where vistry appear to have fallen down in the southern area ?? , and you and others have heralded Labours plans of housebuilding, which you are hoping Kier engage in , through housing association work , or is that somehow different

[itisonlymoney] 08/11/2024 15:30

vistry is a house-builder, not a civils construction business and has a well-reported management issue. kier will issue a short update next week ahead of the agm and all the signs indicate it will be a good one. The construction sector is booming. Kier's share price is under-performing right now, for no good reason. Costain is half kier's market cap at 108p, on a quarter of the turnover and margin a third lower. Kier should be £2 based on current results and the return to dividend payments. I'm expecting this to rally strongly into the new year.

[bathboy2] 08/11/2024 08:20

Big issues again being reported today at Vistry , share price is being hammered, just shows how fast things in construction can change

[itisonlymoney] 07/11/2024 17:54

Actual kier news. A year ago this was announced (below) and the contract for pre-construction work has just been awarded to Kier. should see some news coverage in the next day or two. if all goes well, Kier will build the whole thing.

The Government Property Agency is expecting to invite bids in the fourth quarter of this year for the planned Darlington Economic Campus to house Civil Servants transferring from London to the north.

[bathboy2] 07/11/2024 05:45

Showing nescience, is not becoming, this is also true of our PM and foreign secretary Lammy , who are now having to eat humble pie , especially as a lot of companies in the UK are owned by American companies or investment entities, don't bite the hand that feeds us ,

[bathboy2] 06/11/2024 14:32

Never am rude to anyone, and in my opinion speak what I think to be an honest view ,

[bathboy2] 06/11/2024 09:03

Wait until Trump sues Starmer and the Labour for election interference.See the markets like a Trump win

[bathboy2] 06/11/2024 07:54

Looks like America have Trump , which is great for the world and business, as the only American president who has never declared war on any other country, this is also good , and he is brave enough to talk to Putin and put in place , and find resolution there, shame we have a weak one sided party in this country, if we had Boris or Farage in power we would become powerful again , this government have just lied to electorate and will be found wanting,

[bathboy2] 06/11/2024 06:04

Notable reduction in the holding by JTC , who control some of the Kier's pension for employees as trustees ,

[sun1950] 05/11/2024 16:35

I have topped my holding up 10000 shares in my ISA and pension fund before trading update hope my timing is good

[undervaluedassets] 04/11/2024 12:40

Well operating profits grew 44% last time out. With more to come according to the company.

That, and Labour building everywhere.. You have to think this will do well.

[itisonlymoney] 04/11/2024 08:28

nice to see Kier making some money from cladding retrofitting.



One of the country’s biggest housing associations has named the firms it will use to deliver a £300m programme of cladding retrofit projects.

The Riverside Group has selected Kier Places; United Living (South); Guildmore; Breyer; Mulalley and VINCI Construction to deliver its fire safety retrofit programme, which is now expected to get into full swing.

[stutes] 04/11/2024 08:18

Who will end up paying the bill ? In my opinion it should be the manufacturers of the cladding.

[jeffian] 01/11/2024 10:48

"wouldn't be surprised if a vote of no confidence in the government will happen , and starmer and his cronies will be gone "

I would! With 402 seats out of a total 650, Labour are bullet-proof. I'm afraid you're stuck with them until the next election.

[undervaluedassets] 01/11/2024 08:20

Panmure Liberum analysts highlighted that the government’s commitment to social housing development aligns with Galliford Try’s portfolio of public and regulated-sector projects.


Additionally, Reeves’ budget underscores infrastructure enhancements, which may be bolstered by private investment, further creating potential contract opportunities for Galliford Try and other UK construction firms.

In addition to Galliford Try, analysts see Balfour Beatty plc (LSE:BBY), Costain Group PLC (LSE:COST), Kier Group PLC (LSE:KIE) and Severfield-Rowen plc (LSE:SFR) as potential Budget beneficiaries.