Kier Share Discussion Threads

[wallywoo] 28/8/2020 07:16

"Offside" lol, you are behind the goal and being shafted from behind by each player in turn (with a big football shortly to follow), if all of the buys you have stated on here since February 2020 are true.

In my experience the market makes even the most arrogant person humble in the end. Your arrogance and confidence that Kier will make you money, with the evidence of massive losses, is quite frankly unbelievable!

I believe in "sell your losses and let your winners run". I have never once heard "keep buying to add to your losses and arrogantly believe you are still right". - Apart from you that is!

[johnbuythedips] 28/8/2020 06:56

You are a liar.
I’m offside on this one. Still confident Kier will recover.
Made money the last two times going long and funny enough, you was the other way round both times.
You are a rat.
You have been wrong twice.
You are on a hat trick.

[wallywoo] 28/8/2020 06:53

Lol, I actually posted how I made money, when I bgt when I sold. You Johnbuythelosers have only lost money and a lot since you have bgt 10 times since the share price was 125!!Obviously there's no proof Kier are going bust until they have. Just a very high chance. That should be enough to stay well clear.Kier have been trying to sell Kl for 13 months now, can't see it anytime soon. Of course you have no proof that they will. Good luck with the ramping, thank your lucky stars you are not buying with real money!!!

[johnbuythedips] 28/8/2020 06:32

You carry on Wally. There’s space above this post for you to talk down the share price (again). Since the update there has been no news - you have posted over 500 times. Strange.
I see a big seller here unwinding. They eased off yesterday afternoon which bodes well for today. Can see a better day.
If Kie Living is sold before the numbers there will not be an opportunity to get long - hence the risk reward here.
You say the lenders are going to call time on Kier. Where is your evidence? What a pack of lies. The debt is probably being, has been renegotiated.
Careful what you wish for. Sentiment can change in a second. We have been here twice before and we rallied to £1.50. You miraculously made £100,000 too.
Have a dreadful day you little rat.

[wallywoo] 28/8/2020 06:09

Well buy away, just don't blame me when more bad news comes. What technicals are you talking about? Made up ramping ones perhaps?Just remember there has never been a company that has quickly recovered from a debt covenant breach, and plenty have gone bust!

[wallywoo] 27/8/2020 19:57

Better to be boring than poor!

[truthandnumbers] 27/8/2020 19:39

So you say. Again and again and again. Give it a rest. You're making this thread unbelievably boring.

[wallywoo] 27/8/2020 18:35

Why oh why would anyone with any sense buy this, before Kier release news of their financial position.It is extremely unlikely that news will be good. In any case you would be mad to buy when the next news could be the lenders calling time.

[johnbuythedips] 27/8/2020 15:38

There are more shorts than a Wham concert. Should be a good day for the share price IMO. Think we tick up.

[ltcm1] 27/8/2020 14:09

Question is, with the long weekend coming will we see the Friday sell off tomorrow???

[zicopele] 27/8/2020 10:47

Every client thinks he is being fleeced. So they squeeze contractors hard.

Inevitably, some bad jobs are priced incorrectly and this is devastating to margins.

Look at Costain's Heads of the Valleys scheme, AMEYs Birmingham Council or Aberdeen Bypass which is now a JV between Balfour and Galiford after the demise of third JV partner Carillion.

Those jobs take years for a business to recover. And they all probably looked good at the time of award.

[nomdeplume] 27/8/2020 10:22

Cash is still cheap, but I agree in general because it encouraged firms to expand. In some cases, beyond their means. I have always focussed on the improvement in margins and not the number of contracts Kier has achieved. Prior to the lockdown, I was more optimistic about survival, but I still think they will not go bust. However, the recovery will be much longer.

[ltcm1] 27/8/2020 09:01

A lot of them did well before 2008 and even better after because of all the cheap money available in the bond markets. The disaster seems to have been in the last five years or so.

I think we are seeing the effects now of all that cheap cash, there were too many players in the market.

[imastu pidgitaswell] 27/8/2020 08:37

Very true, despite all the denials.

Although as they go under, maybe with KIE next, and I speak as a COST holder, the remaining better funded ones are in a better position with lower competition to seek higher margins. Which would be nice, if true...

15800 - I don't think anyone can accuse the industry of having margins that are too high, given the risks involved. You just have to look at the sector performance over the past couple of decades. It is nothing short of disastrous.

[ltcm1] 27/8/2020 08:25

The trouble is with these smaller and less technically demanding projects there is seemingly always one operator be it a Carillion or an Interserve, that ends up 'buying the contract'. It is well known about in the trade. Even the profitable companies do it at one time or another.

[ammu12] 27/8/2020 06:44

If you look at Balfour and Morgan Sindal they don't do make decent profits due to the other industries they work in i.e nuclear where the margins are higher.It's mostly the highway and buildings construction that have very low margins.

[zicopele] 26/8/2020 19:30

Yes the low margins. When construction companies have high margins it means that we the consumers are paying too much for services.

[ammu12] 26/8/2020 19:15

It's not just kier. Other construction companies struggling too look at costain and galliford. Both of them don't have any debt....I think it's the low margins and mostly loss making projects...

[zicopele] 26/8/2020 16:17

Well you have to take a view. I doubt if they will surprise to the upside.

[nomdeplume] 26/8/2020 15:47

It is not that I disagree with your opinion on the next set of results, but as yet it is just an opinion, not a fact.

[zicopele] 26/8/2020 13:58

Eddy is watching. He wants to post. Give him time.

[ltcm1] 26/8/2020 13:11

It used to be that if you mentioned eddy's name thrice he would appear.

[zicopele] 26/8/2020 12:44

Like King Canute ordering the tide not to come in.

Kier has major debt issues which seem unlikely to go away.

Results day will be bad, especially as they have now picked most of the low hanging fruit.

How do they now offer investors hope?