Kier Share Discussion Threads

[burbelly] 30/4/2025 21:07:06

No I believe they have shifted them, so we might see another holding soon. We haven’t seen the volume either regarding their purchase

[stdyeddy] 30/4/2025 19:52:13

burbelly, I think it might only be below the reportable threshold -- 5% of Kier would be over £30m worth of shares and we haven't seen that kind of volume traded in the last few days.

[burbelly] 30/4/2025 17:32:22

UBS have released another notification to say it’s now zero

[marksp2011] 30/4/2025 16:36:11

Anthrox, that is AI generated noise

[blueclyde] 30/4/2025 16:21:23

I am pretty sure that UBS holding RNS relates to the position taken by the Hong Kong activist investor which is a derivative position and they tried to hedge it and the brokers obviously moved the price higher knowing they needed the shares. Maybe the buyback will now resume.

[antrox] 30/4/2025 16:15:22

taken from TipRanks

[antrox] 30/4/2025 16:14:13

Kier Group plc has announced a change in its major holdings, with UBS Group AG acquiring a significant portion of voting rights, now holding a total of 5.202391% of the voting rights in the company. This acquisition by UBS Group AG, a major investment bank and wealth management firm, could potentially influence Kier Group’s strategic decisions and impact its market positioning, reflecting a notable shift in shareholder dynamics.

[antrox] 30/4/2025 11:57:18

Some profit-taking happening now
hopefully it doesn't trigger a sell-off.

[blueclyde] 30/4/2025 08:05:28

Price going vertical again today.

[blueclyde] 30/4/2025 07:43:37

Well no buy back again. Does not seem a coincidence that the buy back stops then the share prices goes vertical each day.

[itisonlymoney] 29/4/2025 13:42:10

biggest thing going on is wth the US market. the uk has been undervalued and there's a lot of investors looking for a more stable market to invest in where the whims of one man in govt don't suddenly upend everything. kier is a great prospect from that point of view - divi paying, govt backed contracts, market leader, good management team, and undervalued shareprice. i reckon international investors are buying kier. case in point being the recent australian investor.

[itisonlymoney] 29/4/2025 13:32:34

gerhart, if they resume the buyback and the price gets to 150p do you think peel hunt will stop the buyback then? and when the price goes to 160p, will they restart it? and when the price gets to 170p, will they stop it then?

please get a sense of proportion. the shares are trading on a fwd p/e of 5. the buyback will take the rest of this yr to complete at current rates. the shares cld be £2 after july. the buyback is not dependent on the price. if it were, they wld have been buying more in the 120s. it's most likely a pause around the ex-div as eddy said. there's been no rns from the company so there's most likely nothing else to it.

unless they've received a bid for the business. sky news is usually frst to break stories on kier. nothing so far, so i wldn't get too exctied.

[gerhart] 29/4/2025 11:26:38

Maybe Peel think the price has been a little too strong recently.

That's what I think....

Cos I wasn't brave enough to go in again, due to all the instability! :(

Though I think that regret is always easier to bear, than the regret of going in only to see the price fall again....

But Deffo got a lot of energy at the moment.

[antrox] 29/4/2025 10:46:08

This is an extract from the RNS which announced the buyback:

"Peel Hunt will make trading decisions in relation to the Buyback Programme independently of, and without further instruction from, the Company. Under the Agreement, the Company has issued an irrevocable non-discretionary instruction to Peel Hunt to manage the Buyback Programme in order that purchases of Ordinary Shares can continue during closed periods, and if and when the Company comes into possession of inside information"

Therefore, it does not seem to be related to closed periods or inside information.
Not sure if they have a limit on the monthly purchase (so might start again in May) or if it is just under Peel Hunt's discretion

[blueclyde] 29/4/2025 08:06:38

No buy back RNS again yesterday and it's already flying again this morning.

[stdyeddy] 28/4/2025 20:05:03

Clyde, I agree.
Buyback was paused because of the ex-div date btw. Will probably resume tomorrow.
Doesn't mean a bid isn't coming of course. Valuation is way too low obviously.

[blueclyde] 28/4/2025 15:25:35

I have maintained all along the fair value here is 300p a share. If there is to be an opportunistic bid it will need to be before July as that trading update alone should send it much higher if it reports close to half the market cap in net cash.

[gerhart] 28/4/2025 11:23:23

Think Stdyeddy is the man/woman with the contacts.... :)

[itisonlymoney] 28/4/2025 11:19:31

also the daily buyback is not big enough to warrant a pause. it'll take peel hunt the rest of this yr to finish the buyback at its current rate, ie 50-80 thousand a day.

[itisonlymoney] 28/4/2025 11:12:24

that wld be fair comment if the price had actually "spiked". it hasn't. 140p is middle of the range. as for waiting for it to be "more controlled" what exactly wld that be? more to the point, what does kier say? has anyone got through to investor relations?

[marksp2011] 28/4/2025 11:03:19

team

BBs are always couched in a way that stops excessive buying on a spike
OFTEN the BB can only be conducted within X% of the average closing price of the previous 5/10 days. With the price rising so quickly, the BB will probably wait until the price rise bocomes more controlled

[gerhart] 28/4/2025 10:43:59

Think it's only the "smell" of smoke, Blue! :)

The share price was always going to bunce back I felt to about 150 or more, after the odd post-results drop. That's why I bought more when it dipped. But then the tariff trouble delayed the bounce back.

And stupidly/fearfully I didn't buy even more recently. :(

Mind, what logical reason is there for stopping the buy back. Peel or whoever, think there is "froth" on the share price and it might fall back...? Or maybe as you suggest...a rumble in the jungle?

(assuming not just a problem with Admin arranging for the RNSs?)

[blueclyde] 28/4/2025 09:35:42

No smoke without fire. I do not believe it is a coincidence the share price is doing what it is doing with the buy back stopped.

[the imperialist] 28/4/2025 08:20:07

This looks very strong indeed.

[stdyeddy] 28/4/2025 08:19:59

Interesting observations this morning on here. I think a phone call is in order. Also, I hope Aaron Morby is on the case.

Btw, it's not insider trading. The issue, in theory, is taking shares out of the market thereby reducing a bidder's ability to buy a percentage stake.