Kier Share Discussion Threads

[just william] 29/11/2007 13:57

I've never known a share perform like this one.

Big swings both ways on so little volume. 3.9% down on equal buys and sells. I known you can't take much notice of the trade pages but even so, down 3.9 per cent, I ask you?

I'm looking to dump this share, not because of the company but because of the way the share price behaves.

[dorisken] 29/11/2007 12:15

+ ve Trading Statement 2 days ago and so then recovers momentarily and then down again. It is just ridiculous, like nobody believes what the dirs say...

[qs9] 28/11/2007 19:36

bounced 10%ish from lows, have tucked in at these levels (£16) as IMO this is too well run to be de-rated that far, am looking for market to take it back towards £19 or around 10 times next year's earnings....

[woracle] 26/11/2007 14:22

johnrxx, how much of Operating profits last year came from the Homes division.. I think its not relatively small at all... residential was 84% of that, with social housing at 16%. In a housing downturn, KIE isnt gonna escape unscathed. The current derating is just reflecting the fact KIE is 50% a housebuilder.

[johnrxx99] 26/11/2007 10:03

Hi Cambium. Quite a good one and hope I'm not smelling a dead cat!!

[cambium] 26/11/2007 09:53

morning John

[johnrxx99] 26/11/2007 09:41

Totally agree QS9. A solid business with good spread. Residential development is a relatively small part of the business and can be adjusted easily if reservations fall but the land is still there for the future. The market just doesnt like property at the moment so will take a while to recover, just incase we have a recession.

[qs9] 26/11/2007 07:26

Good AGM statement will now hopefully start this back towards a normal rating around £20.....IMO this has been oversold and the in-line statement this morning and big cash balances should be a big +ve

[4505] 22/11/2007 14:51

thats a big drop guys over the 12 months 2100 to 1600, could go lower?

[bugs22] 22/11/2007 09:12

Rather a big difference now between the current share price and Dresdner Klienwort target of 2917. Normally you would feel a big market jump is due but it does feel that there is potential for alot more bad news in the market generally in the coming weeks/months.

[johnrxx99] 13/11/2007 09:01

never a straight line and in these markets anything can happen, unfortunately.

[mrminister] 12/11/2007 16:35

well i thought this was on its way last week,but seems to be coming back to look at 1800 again....

[johnrxx99] 29/10/2007 15:58

I'm pleased he agreed with me!

[taylor20] 29/10/2007 14:23

Dresdner Klienwort upgrade out on the 26th (target 2917p), they also put forward the combination of Shorting Barratt Dev. (and other pure house builders) whilst going Long Kier/Galliford or Balfour Beatty.

[johnrxx99] 29/10/2007 14:09

For what it's worth KIE have beaten eps growth of more than 20% pa over more than 5 years and have no reason to think they will. I suspect the directos think the same.

A few blips on the way, with the market, but one of my long term portfolio and I've averaged 48% pa so far.

[henryatkin] 29/10/2007 11:43

QS9 - next major resistances at 22.4; 24.1 then retest previous high 25.5 (which is still only putting it on a forward PE ratio of 14.4). Nice 20% rise that would be - quite happy with that if it comes off :-)

[donemyhomework2] 29/10/2007 10:52

Chart looks very interesting!!

[qs9] 17/10/2007 20:01

Broker upgrades still IMO make this cracking value...worth a look and now relative strength and momentum behind it as well....any techies who can give a chartist view?

[elmbury] 17/10/2007 12:18

At last! It's broken through the 2000 resistance level after four consecutive days of trying, and in a big way - now looking good from a charting as well as a fundamentals viewpoint.

[qs9] 12/10/2007 01:11

Keep the faith, doing well, more expected IMO.....cash, growth, low rating....what more can you ask for??!

[johnrxx99] 11/10/2007 15:23

wwwwhoosh. Good to keep the faith

[chasexx] 11/10/2007 12:31

why the huge rise and CHTR?

[volvo] 11/10/2007 11:49

Back in here it is looking much better.

[johnrxx99] 11/10/2007 08:56

Err, no interest drop will keep pressure on the property market and I dont see mid £20 for a while. Imo 0.25% being priced in. Let's see what happens if rates dont move.