Kier Share Discussion Threads

[stutes] 20/5/2021 15:11

The former CEO is reported as claiming how under his stewardship K grew turnover, etc.

Well it looks to me turnover was put well ahead of shareholders' value? I wonder if K shareholders have a claim against the Board organisers?

[this_is_me] 20/5/2021 14:27

People have sold shares at 110-120p after the record date and subscribed for as many as possible at 85p. That is around 30p a share profit or to put it another way reduces the effective purchase price by around 30p. That certainly is roughly what I did, although I didn't sell all of mine.

[stdyeddy] 20/5/2021 14:21

And btw wolly, it has been pointed out by MANY people that you said you would APOLOGISE for being WRONG if the shareprice went past 100p. Why have you not honoured this?

Also, it has been mentioned BY MANY PEOPLE that you claimed you were putting on shorts for six months but now say that you didn't. Please EXPLAIN WHY YOU LIED in great detail about that for six months.

[stdyeddy] 20/5/2021 14:14

The key factor influencing Costain's share price down to November was the ramping up of the covid crisis -- the entire market crashed. Even costain doubled during the recovery by March.

[stdyeddy] 20/5/2021 14:11

Oh yes, but please get your facts right wolly. 153% more costain shares, not 35%. 90p two weeks after the new shares are trading!! Please get your facts right wolly!! Costain's share price dropped in the months following the cash raise due to the entire market falling due to covid, not the cash raise itself. You are wrong as usual. Please stop manipulating the truth liar-wolly!!!!

[wallywoo] 20/5/2021 14:07

On the 23rd October 20 (approximately 3 months after the equity issue), Costain's share price was 38.3p. So as I said it fell back 21.7p from the equity issue price (36.6 percent 21.7 /60 X 100).


If the same happened here the share price would be 85 X 63.4/100= 53.89p. This is the likely Kier share price around October 21.


Please get your facts right, Stdy. We all know how you like to manipulate the truth!!! But you are right about the issue being larger, it is more similar to Kier than I thought, Costain issue was for 166.7m shares when there were 108m (154 percent). So this is still smaller but quite similar. A very good example of what to expect. Thanks for that.!!

[stdyeddy] 20/5/2021 13:51

So wolly, now that you've spewed your little fiction onto this thread, you're offering to 'shut up' if no one will contradict you? Well, I've just checked the share price action for Costain during cash-raise from 6th May 2020, the day before the launch, to mid-June 2020 two weeks after all the new shares began trading (masturpig might be an interesting source here since he participated -- I can't believe I've typed those words!!) and as usual, you're telling nothing but lies!!!

Practically everything you've written there is false -- once again you are merely hoping that no one will check. Costain issued 153% more shares, NOT 35%! The rest from you is also rubbish.

Closing prices
6th May, 70p (day before the cash-raise is launched)
7th May, 75p (day cash-raise is launched) NOT 80p as you claim wolly
The price then ROSE to 82p on the ex-entitlement day
And post ex-entitlement when the share price will have rebased to take account of the open offer 'rights' (bear in mind that shareholders were diluted more than Kier shareholders at this point, at almost 50% -- masturpig? Is that right -- am surprised it's so much) found a new price of 75p, and dropped only 10% by close on 14th May to 68p. And also keep in mind that this was during the Covid crisis. The new shares started trading on 29th May and the data I'm looking at shows the shareprice DROPPING JUST 4P BEFORE RISING TO 90p by the 8th June. THE TRUTH IS THE ACTUAL OPPOSITE OF THE STORY THAT YOU ARE TRYING TO MISLEAD PEOPLE WITH WOLLY!!! YOU HAVE BEEN FOUND OUT ONCE AGAIN, MERELY BY CHECKING THE ACTUAL FACTS!!!!

Since then Costain shares have underperformed Kier, as we have taken great pleasure in pointing out to masturpig at various times, but I would say that Costain's share price performance after June is more obviously a feature of the market and it still has not got anywhere near the lows you're describing.

[sparty1] 20/5/2021 12:21

Good , so I can buy at 85 p or less into a company much better set up to take up the opportunities out there! Trouble is Wally you are never right.

[wallywoo] 20/5/2021 12:11

Let Costain show you what is likely here. Their share price was 80 once the equity issue was announced (at 60p). Fell to 40p after before recovering to around 60 12 months later.

With the much larger issue here (175 percent of existing equity, compared to 35 for Costain), that is the best case scenario here IMO.

So that means the share price here could well fall again to below 60 after the equity issue and if all goes well settle around 85p in 12 months.

Sparty, that is the slightly optimistic view (it could well fall further with the issue size here) of what is likely here. If other posters stop ramping and agree then I will shut up. It's important to be realistic about a future SP, so Pi's can play it (and we have a close history example to help forecast).

[sparty1] 20/5/2021 11:34

"on the 1st May Wally said:
"I will heartedly apologize if it rallies above 100 (in addition to being poorer)!!"

So much for "truth "Wally.
Your credibility if it ever existed has crumbled.

[sparty1] 20/5/2021 11:32

" I post facts and the truth Stdy" Wally , you omitted gross errors. As for truth and facts ,that is almost misrepresentation!
Can I suggest that you and pidge check the records of the authors of these learned tomes you read on line.
They are almost as poor as the author of most broker notes..

[eriktherock] 20/5/2021 11:06

Thanks stdyeddy. That would explain her statement to the City how Kier will "continue delivering value to shareholders"

[stdyeddy] 20/5/2021 11:03

I'm spending it.

[stdyeddy] 20/5/2021 10:51

wolly, your fictitious 'shorts' starting at 50p, 58p, low 80s and 90s to eventually arrive at a massive 12 times your original 'short' at avg 81p, was a lie that you kept up for six months and you've now admitted it was a lie several times. Everyone here knows that you're a liar and a troll. Enjoy your troll day you sad idiot, but you must know in your heart that it's not how a grown man should spend his time. I will stop by later to see how the day has gone.

Erik, Alpna is a woman at Kier, not a guy, and she's just sucking up to her boss with a little corporate bullsh1yt because because he gave her a promotion. She's evidently not bright enough or independent enough to say anything insightful.

[eriktherock] 20/5/2021 10:36

This guy knows his stuff > Alpna said: " I am confident that Kier will be well-positioned both financially and strategically to continue delivering value to shareholders."

"continue delivering value to shareholders" Hmm

[sparty1] 20/5/2021 10:32

For goodness sake wally stop posting like you are an authority! You have been consistently wrong for a year now. Now going on about inflation like you understand the subject.
Short term supply issues will cause some price increases not helped by current building boom but people like you that have been predicting harmful inflation for circa a year are way off the mark. Money printing or not the conditions are not there for runaway inflation. Remember some inflation is desirable.
Current supply/demand/ interest rate/ employment %/ do not necessarily mean inflation.
Once again, you fail to recognize the unique situation the world finds itself in.
You cannot refer to the history books as a reference for future events..You have to work it out for yourself.Something you failed to do when "shorting kier"

[wallywoo] 20/5/2021 10:27

As usual, Stdy, that is not true. The firm offer issue will go live at the same time as the open offer. They have received commitments to purchase them but they are not trading.

It will be interesting to see who any new holders are in any holding RNS's. My posts are liked because I post facts and the truth Stdy. You should try it sometime!!!

[stdyeddy] 20/5/2021 10:19

wolly, you can't stop me, as you well know. I have spent periods away from this board when I've not had a holding, but YOU continued to post rubbish here throughout. So I know that your vendetta is not about me.

I'm also very happy to see that you are somehow auto-liking your own posts -- within two minutes of posting, your post has a 'like' on it. which means you must be doing it yourself. No one is clicking the refresh button all day waiting for any post to arrive from you so that they can 'like' it.

[stdyeddy] 20/5/2021 10:17

And btw, the shareprice will not 'tank' when the new shares are tradeable. Since Friday's open, almost half of the Kier shares in private hands have been sold. The major holders are not selling (no RNSs notifying us of a major holders change in % holding). The shares are being picked up by larger investors who will hold them because they are clearly undervalued today and likely to increase short-term by at least a factor of three to reach a forward p/e of 10 (a very conservative valuation).

Kier is mainly owned by institutions. There are only around 42 million shares in private hands. This supply will soon be exhausted and if the share price starts moving up over the next few weeks, that will be a sign of the short supply and the continuing demand from larger buyers. When the new shares become tradeable, the same thing will occur; some PIs will sell for a quick profit, but the shares will be snapped up. We do not have long to wait for positive news which will move the share price very sharply up. After 30th June (Kier's year -end) we will see a huge re-rating of the shares and the company. Six months later, there will be another big lift. My guess is that with profits in the bank, Kier will be 'net cash' by January and by June next yr, net monthly-average cash, or so close to it as makes no difference.

[wallywoo] 20/5/2021 10:16

Nice to see I am still annoying you, Stdy. Long may it continue! Or you could of course stop ramping Kier??

Let Costain show you what is likely here. Their share price was 80 once the equity issue was announced (at 60p). Fell to 40p after before recovering to around 60 12 months later.

With the much larger issue here (175 percent, compared to 35 for Costain), that is the best case scenario here IMO.

[my retirement fund] 20/5/2021 10:06

When can i apply for sub shares?

[stdyeddy] 20/5/2021 09:56

wolly, thank you for answering. So, you have been here for two years, getting up nice and early, posting deramping rubbish on here before the open and throughout the day, 'just to annoy me' and as a 'civic duty'. I think everyone can see that the amount of effort that you're putting in is at odds with your motives. You are lying again. Several times you've said that you just want to stop anyone ever investing in Kier. That might be closer to the truth.

I know why you call everyone positive about Kier a 'paid ramper' -- a ridiculous idea btw; who would pay me? It's obvious that I am an investor in Kier along with most of the other people posting here. Bathboy, btw is either you or zicopele -- he's been on advfn for two weeks and is now apparently an 'expert' on Kier. Zicopele, as we all know, is a bitter ex-Kier employee who has been bad-mouthing the firm on here for three years. His abnormal determination in such a pointless activity suggests a mental health problem.

wolly, you call everyone a 'paid ramper' because it's the only way that you can settle with your conscience. You know that telling lies and misleading people here is wrong, so you try to characterise the 'other side' as being as bad as yourself. You're like a thief who says that his victims didn't deserve what they had, or a rapist who says that a girl 'had it coming' or all the other miscreants in our world who try to find a justification for their crimes.

All of your predictions about Kier have been completely wrong -- you said Kier Living would never be sold, that shareholders would be wiped out by a cash raise, and on and on, a constant litany of lies and scaremongering, all of which turned out to be untrue. Even your assertion today about the open offer not affecting shorters is wrong. You said you have an IG account; look at the advice on this open offer for anyone short.

bathbrain, will you admit that in your short time here, you were wrong when you said the share price would start going down at 94p down to 30p and that the company would go private?

If you are actually different people, you are two (probably one) totally sick person, you are suffering from a mental health disorder and a ludicrous compulsion to troll investors who have nothing to do with you or your former employer. Nothing you say on this board will affect anyone other than a few naïve readers of this thread. You have gulled claymagnet out of several thousand already, I would guess, by persuading him to sell half his holding in the low 90s; he has missed out on a 40% increase (the share price having rebased by 20p ex-entitlement). You will continue to be wrong. It is quite obvious that Kier is well-funded, has cut all of its fat and is now profitable, the first profit being reported for the last half-year. In a little over five weeks the full-year ends and we will have a much bigger profit reported then. Again you will be wrong. There will be no apology from 'either of you' because every time you've promised to apologise if you were wrong, you have failed to do so.