Kier Share Discussion Threads

[hamhamham1] 08/4/2021 15:14

To me, they both coin flips (at best), little or no actual revenue, promises, promises. Jam tomorrow. Not my bag. But that's just me.

[hamhamham1] 08/4/2021 14:40

UKOG may be extreme but the Monty Python Black Knights on SYME are also chasing a dream there possibly??

[hamhamham1] 08/4/2021 14:12

Or tight margins on spreads/CFDs are used, not good in a volatile market. I am talking about for me, not others.

[hamhamham1] 08/4/2021 14:10

You can tell those who are over long or over short in a single stock, they get emotionally involved and it gets personal, having it all on riding on black is not good for my wealth or health.

[sparty1] 08/4/2021 14:08

current ridiculous ramp on aim`s biggest black hole UKOG is sick inducing..

Why do people make donations to fund first class travel and expenses + salaries to directors who constantly disappoint.
Bizarre.

[hamhamham1] 08/4/2021 13:21

Don't get me wrong, it's not big money, unlike some on these boards, but enough to give me an alternative lifesyle.

[hamhamham1] 08/4/2021 13:18

I plan to sell the whole portfolio in 4 to 5 years from now.
And go round the world several times until the next recession hits.
Rince and repeat until I lose my marbles or travel insurance gets too high ;)

[hamhamham1] 08/4/2021 13:09

And I'd rather be lucky than clever!

[hamhamham1] 08/4/2021 13:09

Imastu. Yep, theres plenty out there, Lamprell is my best performer to date near 10x.
There is loads of large upside potential on some, albeit fewer, but it's still there, timing and patience is everything.

[hamhamham1] 08/4/2021 13:06

Only someone with ego issues would still be shorting a share that has come down from around 1500p to 90p.
There is too much risk of large upside, the clever shorts earnt and moved on, those who remain or opened shorts recently are not playing the percentages.
But as I said, some have issues and could get burnt.
But each to their own.

[imastu pidgitaswell] 08/4/2021 13:02

ham - you're clearly good at spotting the winners, and we had all of those in common. I'm sure you have had others, as have I (precious metals FRES and POLY - closed positions at close to highs and back in them still and expecting good things) and also Taylor Wimpey - although any housebuilder would have been good enough frankly.

COST has been my sector play (obviously not KIE) in terms of doubling from the lows, and I swing trade it as well, so quite happy for it to go up and down, despite the comments from many here.

We just disagree on this - and that's OK. What isn't OK is the level of vitriol I get (and so I respond) for pointing out, with factual support, fundamental issues (in my opinion) and why this isn't going to remain a similar story.

[sparty1] 08/4/2021 13:01

HAM
It`s a long list..

[hamhamham1] 08/4/2021 12:52

As I said, the nay sayers are just noise for me, am happy holder on 40+ companies.
After last year's drop, it's like shooting fish in a barrel with some research and a lot patience.
Time will tell.

[hamhamham1] 08/4/2021 12:48

I have over trebled on DLAR, up 150% on SAGA, and nearly 100% here.
Costain only am up 50%.

Not bad, so far ;)

[imastu pidgitaswell] 08/4/2021 12:44

As I say, DLAR didn't - but that was just the joyous example of the market getting it very wrong.

The others (and TW. somewhat stupidly and illogically, imho, but very lucratively from the lows, so mustn't grumble) sure did.

[wallywoo] 08/4/2021 12:43

Dlar, Saga, and Costain all had a depressed share price after the RI announcement, imastu. They then recovered and were fun to trade and volatile.


That's my point, even the good ones got stuffed at first. And Kier isn't one, as you say!!

[imastu pidgitaswell] 08/4/2021 12:33

There have been some - DLAR (400%+ in 2 days - although that rise was after announcing a rights issue and was a function of the market overstating its challenges and occurred before the rights issue - kerching!) and SAGA (300% over a longer time frame - kerching as well, this time after the placement), both of which were very lucrative.

And I hesitate to say it but COST, along with TW. both did very well from the lows some time after a plunge following a rights issue - although they already had net cash, they just got more, with a pandemic on etc. I bought big on both of those, given the cash rich low risk profile they had, much bigger than I did on DLAR and SAGA. Risk management etc.

I've explained (and so have others) why this doesn't fit a similar scenario. No cash pile, just a lot of debt - before or after a placement. There is a possibility that it might do a recovery after a post-placement plunge - but until we see the shape of the financial position, it's just flying blind. Punt it if you want, but do it with your eyes open and don't be lured in by the rampers on here. Do it after assessing the risks.

One of the keys to this lark is not just spotting the winners, it's avoiding the losers.

[wallywoo] 08/4/2021 12:29

Lol ham, it is you who is confused. I am long CEY and fres currently. We are talking Kier!


If the equity issue / refinancing is successful the share price goes down > 75 percent, I close.


If the equity issue fails the share price goes down to 0p, I close.


That's it, if it's the first one, they may or may not recover. I shall take a view if I short in the future.


A shareholder gets stuffed with buying more paper for cash and has his wealth shrink 75 percent. Why do that?

[hamhamham1] 08/4/2021 12:01

I think you are confused, i am explaining that all the nay sayers, yourself included, have not put me off investing over the past 12 months and doubling on many.
I am patient, I am to double or treble my portfolio value from here over next 3-5 years.
And I look forward to the excuses that will be posted by the sad and disgruntled when they rise over that time.
Hilarious that you spend all day badmouthing a company, doesn't it affect your mental health?
Carry On Screaming :)

[wallywoo] 08/4/2021 11:53

Go on then, ham. Name a indebted share that has doubled just before or after a equity issue. I could name at least 5 that went down 75 percent (in the last year). And of course the ones that failed to get enough support and went bust. Then you have the much smaller list of companies who had a RI 2.5 years ago (only 1, Kier!).

[hamhamham1] 08/4/2021 11:47

I've lost count on the number of shares I've doubled my money on over the past year whilst those bad mouth the companies from the sidelines.
Yaaaaawn, ker-ching...
... and repeat.

[wallywoo] 08/4/2021 11:44

Lol, keep telling you Sparty. It's not the share price now that matters it's the share price once news is out (just 2 weeks away). You would be mad to gamble here now, just look at all that debt that needs refinancing!


I have no idea why SP's don't fall in these scenarios, but they often don't. Perhaps shareholders hold on thinking the impossible will happen and someone will stride in and offer a fortune (they never do, there's just no value here, just negative assets / debt and tiny margin contracts) - exactly like Carillion and Interserve. Maybe someone will offer shareholders 5 percent (that happened with Interserve, but got rejected), but that's the best case scenario IMO.


The share price has firmly stalled so has any volume. By it's the lull before the storm.