Kier Share Discussion Threads

[sr2day] 16/8/2020 13:24

wally has a point regarding dilution with possible rights issue but he is hitting his head against a brick wall.give it a rest.let,s wait.

[wallywoo] 16/8/2020 13:04

The only real Wally's are Kier shareholder's.

New share price lows coming next week. If you sell first thing Monday you will get them back much cheaper later in the week?

Research what happened to Carillion, Interserve, Connaught, Jarvis. Kier is no different, just next in a long list. If you work for Kier, it's very different to investing, this is "dead man walking".

[easy45] 16/8/2020 12:45

Wally by name wally by nature - silly silly man will soon disappear.

[wallywoo] 16/8/2020 12:30

Ooooo, the scary investor whose last investments were Carillion and HYVE is going to discredit me. In my experience, a last gasp RI in the midst of a debt crisis, 10p sounds about right (Jarvis did something similar with a debt for equity issue too, 2005, 7p ish I think and was a similar size). You see all my posts are based on research and empirical evidence. Let's wait and see.


As long as you don't give me any share tips, I am very relaxed, nom!

[nomdeplume] 16/8/2020 12:08

Wally, I will give you one opportunity to stop this rubbish, or I will discredit it. Be honest, it is rubbish and you know it.

[wallywoo] 16/8/2020 11:25

Wow nom, you are actually saying something useful. Yes in my head I said the market cap is £100m so they need 10 times that. But their share price is a extremely low 60p, and with 162m shares they would need to give £6 each a share. All to have the same chance as loss making BBY!!! Gosh this is such a exciting / rewarding sector, no wonder no one wants to invest in it. Perhaps they should employ some share price rampers to generate some demand??


Bargain then, of course I doubt they even manage a £100m raise at 10p (with over 7 times diluted), so I was only being extremely optimistic.

[nomdeplume] 16/8/2020 11:15

Wally, your GCSE maths is not serving you well. There are about 200m Kier shares. 10 pounds on a 1 for 1 basis would raise over 2 billion. What GCSE grade did you get?

[wallywoo] 16/8/2020 09:55

Lol easy, and what info is that?

Is that why the share price is at a all time low??

And nom, we don't know the details yet, but we do know:


1) no company share price has ever recovered quickly from a debt covenant breach and plenty have gone bust.


2) BBY who announced their figures last Thursday can't make a profit and they have £1B more cash on their balance sheet than Kier! So every Kier shareholder would have to fork out / throw away another £10 per share in a 1:1 RI just to compete.

[nomdeplume] 16/8/2020 09:54

Wally, I asked a specific question and you have not answered it. The point is that we do not know the current financial position, do we? You may be right, but we do not know. Please stop expressing opinions as facts. If you stop, I will not have to keep picking you up.

[wallywoo] 16/8/2020 09:39

Lol, They have been losing £16m a month for 3 years, not during lockdown. In a economy in such a mess now Kier will likely burn more cash (even BBY with £563m net cash can't make a profit)!! - that's over £1B difference compared to Kier's £440m debt!!


And Johnbuythelosers it does not matter if Kier were winning 3 times more work, if they can't make any money from it.


Any fool can run a busy business that can't generate any cash. The trick is to generate a return, so people will invest.


Otherwise you are left with a business that has to employ a load of scammers, just to keep it's share price from falling like a stone! That time is quickly approaching a end!!!

[johnbuythedips] 16/8/2020 08:49

Unless you are an attention seeker.

[nomdeplume] 16/8/2020 08:41

Wally, you want to know why Eddy posts, look in a mirror. You talk about what usually happens, but there is nothing usual about the CoVid-19 situation. You talk about Kier losing £16m a month, but you have no evidence that the company is currently losing anything. You have just projected the lockdown debt into the future. If you stopped posting, almost everyone else would quite happily wait for the results.

[johnbuythedips] 16/8/2020 08:04

What you seem to forget is that before the update we rallied on the back of the budget and a further announcement that the government would be investing billions into the sector. Well that’s not changed and it is a FACT KIER are out there winning some very lucrative Long-term contracts.
The update from Davies was not worded very well. Markets want clarity. You either announce that you are going to tap the market for more money or you don’t say anything at all. ‘Possibility’ IMO is almost as bad as announcing it. It was a stupid thing to say.
That aside I still see plenty of buyers at these levels versus what looks like a massive seller.
The sale of KL could well still happen before the results.
Interesting week ahead.

[wallywoo] 15/8/2020 21:53

So why is stdy posting??? Nom He is acting like time is running out. If what you think is true, you have all the time in the world!

I am merely stating the usual events following a debt covenant breach. A share price has NEVER quickly recovered from this situation, and lots have gone bust (indeed I don't know 1 builder who has ever recovered). I have never known more bad news not to come out at this stage. It's just a case of how bad will the lenders conditions be. They need to stop the £16m a month cash outflow. Kier have been unable to, so the lenders will call time or make them change.

[nomdeplume] 15/8/2020 21:27

Wally, if you just stated your opinions and the facts as you see them, no one would worry. The problem is that you do not do that. You state opinions as facts and you misrepresent news to fit your position. I am quite prepared to accept that you may be correct about the demise of Kier. I have said so several times. However, I do not think you are necessarily correct and I am prepared to take that risk. Johnbtd appears to be of the same opinion. You do say stupid things. For example, to suggest that Eddy is trying to make PIs lose money is ridiculous. For God's sake grow up boy.

[wallywoo] 15/8/2020 21:02

So why are you posting stdy? why such a hurry to get me off this board? - If you are right the share price will rise rapidly with or without me. I freely admit I am posting to state the severe risk this will fall quickly now. Debt is too big, there's no way back. I have been right for 13 months, so it should be taken seriously (and with Carillion, Interserve). Covenants have been waived, that means it is just temporary (otherwise it would of been announced). Extra Fee's and interest rates rises are highly likely, finances are extremely precarious. Severe Cost cutting likely too.

Why would someone who has been wrong for 13 months, has now sold, still want to argue this is a buy, and why do you defend John who has been buying for 6 months, all now in losses??? IF true he is nothing but a fool.

I don't want attention, I want as few pi's to lose their wealth here as possible (whereas you want the opposite). I will not pay any attention to your pathetic attempts to bully me off this board. You are nothing but a con man.

[stdyeddy] 15/8/2020 20:54

Of course it would be terrible for you if I were to not bother posting here, because then you would have no one to argue with. Johnbtd only answers you occasionally and invariably makes you look like a contemptible idiot, probably friendless and awkward with women. A pathetic online attention seeker. I have noticed that whenever I'm absent from here for a while, you are constantly calling for me to come back. Then you complain that I'm posting. Such hypocrisy. I know that you enjoy our little chat-feud, because in real life you are a tongue-tied moron who cannot read and write properly. This is the only forum where you can get any attention. I will use mine on you as and when I feel like it.

[wallywoo] 15/8/2020 16:12

Still waiting for you to apologise to the board for ramping this share shamelessly for 13 months and the many times you said both debt would be lower and the share price would be much higher, Stdy? (As Johnbuythelosers has too)


I refuse to take any personal comments from a poster who has misled, deceived, and been sooo wrong for 13 months. I would of saved / made any pi lots of money if they followed me! The next rns will likely shut you up for good.


The only reason you try to discredit a poster who has been right for 13 months, is because you STILL want to try and ramp this terrible terrible investment.

[wallywoo] 14/8/2020 17:15

Not gloating mate, just correcting a wrong post from Johnbuythelosers.

[wallywoo] 14/8/2020 17:00

Lol, Johnbuythelosers!!

You sound really bitter, let's get the facts straight shall we.


1) I have had 7 shorts running here, first one 118, closing at 60 (and yes when the share price fell quickly from 80 to 58, I did wonder if it would be temporarily suspended). 3 small 20-26 point wins, 2 stop out 8 and 10 point losses, and last one from 144 to 80. Everything from when I put them on and off is in my posting history.


2) I am not trolling the board, just stopping you from ramping it.

3) anyone encouraging Pi's not to invest in this rubbish in the last 2 years would of saved them massive losses.

In 6 weeks or earlier Kier share price will be substantially less and all the talk will be survival or not. Financial bb's should welcome cynics with shares at a all time low. Merely because the stats show down is the most likely direction. Especially when the company is a heavily indebted builder with debt covenants breached.