Kier Share Discussion Threads

[petersw1] 25/5/2021 17:17

Wally, what definition of cash are you using when you say they've "lost cash EVERY period for 5 years"?

[bathboy2] 25/5/2021 16:45

The directors are not buying shares with personal monies, its part of their remuneration, which they will get, even if results are bad, their only loss is they don't stay above 85p, and they have had the wages, this is just the icing on the top

[stdyeddy] 25/5/2021 15:27

Well if you had something to say yourself ali, maybe it'd be about you. I imagine you don't agree with him though.

[ali47fish] 25/5/2021 15:25

god it s always about wally!!!!!!!!!!!

[stdyeddy] 25/5/2021 15:14

You have lost the argument wolly. The final planks for the recovery have now been put into place. All of the factors which you said meant the end for Kier have fallen away; the shorts have all closed -- there are no reportable shorts against Kier; two years ago it was the most shorted share on the LSE. Debt has been conquered -- £330m in cash going onto the balance sheet. Turnover has been maintained. Kier continues to win big contracts. Costs have been cut. Underlying profitability is increasing and is projected to be 3.5% for next year. The directors have increased their own PERSONAL shareholdings in Kier; Lester, Davies and Kesterton are EACH increasing their holdings by £75k and others are taking a smaller stake. The shareprice is doing the talking -- you predicted the share price would crash on the launch of the cash-raise; instead it did the opposite and went up. The market is getting reacquainted with Kier. You, meanwhile, are as deluded and malicious as ever.

Btw, where is this 'apology' that you were going to give everyone if the shareprice went past £1? Are you reneging on that too? You seem to be avoiding the question. That won't make it go away.

[stdyeddy] 25/5/2021 14:44

The longs here acknowledged two years ago that it would take a couple of years to get back to normal, and that was before covid struck. What we have consistently said is that the business would NOT be another Carillion because the fundamentals were different. The share price had been broadly flat (between 42p and 100p) over the last two years until this new cash raise, and now it is at approximately the same price with 2.75 times as many shares. Shareholders buying over the last 7 months when you were actually TELLING people to sell, are all in the money. Hamham has apparently trebled his money. The big rise will now occur because the business is properly capitalised.

But you continue to post here even without any good reason, putting in massive effort to spout complete rubbish.

Where is this 'apology' that you were going to give everyone if the shareprice went past £1? Are you reneging on that too? You seem to be avoiding the question. That won't make it go away.

[wallywoo] 25/5/2021 14:20

And you Stdy, have been saying the share price will treble and pay a dividend for 2 years now. It is lower over that time and has paid no dividends, and has asked shareholders to fork out more money for paper.The reasons why they keep needing more money for paper is because they generate no cash (losing £200m a year for the last 2 years). And the jury's out if they can change that.Kier's share price will be under considerable pressure until they can demonstrate that, which will be 8 - 12 months away.

[stdyeddy] 25/5/2021 14:04

As usual wolly, you will be the reverse indicator -- when the cash-raise is out of the way, investors will see a business with an absurdly low forward p/e of about 3, minimal debt and a huge order book of govt backed projects. The shareprice here will likely treble in a few months.

Btw, it is quite obvious that I am long here; I've spent time away from this board when I've been without a position. You are quite obviously the 'dodgy one' who posts here while having no position short or long, for a reason which is 'none of my business' according to you. There is no one who would pay me to 'promote the shares' on here. I really don't see how you can say something so stupid when it is obvious that there are plenty of 'analysts' and PR people who DO promote shares on platforms that have genuine reach and influence. This little squabble board has practically no influence.

Kier, btw paid out dividends for many years. Davies has explicitly stated that he intends making Kier a dividend paying business again which will pay out one third of its profits to shareholders (approx £40m to £50m a year based on his profit forecasts). So far, Davies has delivered on each of his promises and has been very cautious in his forecasts. I have every reason to expect him to deliver on this one too.

Speaking of promises, where is this 'apology' that you were going to give everyone if the shareprice went past £1? Are you reneging on that too? You seem to be avoiding the question. That won't make it go away.

[wallywoo] 25/5/2021 13:53

No stdy, you are here to promote Kier shares. You have no stake here it is your job. I am just countering that. Since Kier have 459 percent more shares in issue than 2.5 years ago, you need to be employed to sell them. If you were just a pi you would acknowledge the FACTS I present.


So Kier have lost cash EVERY period for 5 years. That's not just one off charges, it's a inefficient business that spends more than it earns. That's the reason why they have had to issue soooo many more shares.


There's currently no evidence that will stop. The share price will be naturally under pressure with 284m more shares in June. What happens over the next year will all depend on if they can generate any cash.

[stdyeddy] 25/5/2021 13:32

I see; it's 'none of my business' why you are here, according to you. That is very revealing. What about everyone else? Is it 'none of their business' either?

You are unable to answer this very awkward question because it goes to the heart of your deceitful nature on here. Your assertion the other day about people being here to 'make money' applies to everyone apart from you and any other trolls. Thank you for clearing that up. You really are a despicable snake.

I sincerely hope that no one is taken in by you anymore. Several people here have admitted to being gulled into giving up their shares because of you. You should be utterly ashamed of what you are doing 'wolly'.

And where is this 'apology' that you were going to give everyone if the shareprice went past £1? Are you reneging on that too?

Incidentally, Kier has spent cash and assets on restructuring, redundancies and write-offs. It is a fundamentally profitable business in ordinary times but as you know, Davies and his team have had to re-shape the business due to the excesses of the last management team two years ago and earlier. That restructuring is now over. The final element (the cash-raise) is now in place and Kier has no 'net debt' and a low level of average monthly debt. We will now see more normal cash generation and profitability; Davies has made this clear in the recent RNSs.

[wallywoo] 25/5/2021 13:05

Carillion and Interserve both made profits, but went bust because they generated no cash. Kier lost £44m in cash in H1 (net debt £310m in June 20, and £354m in December 20). I have no doubt that will continue in H2 (cash has flowed out every period for more than 5 years now).


The big question is can they generate cash in the next year with the new money. Or will the cash out flow continue??


It's none of your business why I am here.

[stdyeddy] 25/5/2021 12:17

And btw, Kier will issue a trading update soon after the June 30th year-end. First half showed a £9m profit after the last of the covid costs and exceptionals; second half will show something far bigger, in line with a 'normal' half-year of earnings I reckon, possibly around £40m, and the share price will take-off again.

Now please answer this. You said, 'we're all here to make money', but since you've admitted that you aren't short (and that you'd been lying to us about that for six months) and you obviously aren't long, WHY ARE YOU HERE?

Also, you promised to apologise for being so wrong if the shareprice passed £1. Where is this apology?

[stdyeddy] 25/5/2021 12:10

But wolly, you said you were only here to annoy me the other day (ie everything you say is just a personal attack). Are you saying now that you were lying (again) about it being personal!!??? And btw wolly; I'm not wrong -- I'm in the money, quite substantially. YOU on the other hand, are a complete clown, spouting nonsense on this board full time for two years. What a waste of space you are!

[wallywoo] 25/5/2021 12:07

459 percent more shares in issue than 2.5 years ago, Stdy. Please stop the personal attacks and concentrate on Kier. You have been wrong here many more times than I have.What do you think that will do to the SP? Will they have enough cash this time to repair the balance sheet? All those questions need to be thought about, if Kier will prosper in the future.

[stdyeddy] 25/5/2021 11:41

lol wolly. Your 'expectations' have been completely wrong for 7 months now. You expected the price to fall at 42p and at 58p and in the 80s and the 90s but instead it went up and up and up (don't forget it's been rebased too by about 20p so on the old numbers it's around 130p today). You said Kier Living would never be sold, but it's sold. You said that the cash-raise would never occur and that Kier would go into administration. When you finally acknowledged that there would be a cash-raise you said it would dilute shareholders to nothing and be a failure, but instead shareholders are diluted less than a third and if they get any of the 'excess application' even less than that AND the cash raise has been OVERSUBSCRIBED and has been a big success for Kier (MASSIVELY IMPROVING ITS BUSINESS PROSPECTS AND THE EVENTUAL RETURN OF DIVIDENDS).

In other words wolly, EVERY TIME YOU 'EXPECT' something bad to happen to Kier, THE REVERSE HAPPENS. You should stop giving out advice to shareholders because you are always wrong. Although having said that, you have a staggeringly consistent record on being wrong; 100% wrong for over a year!!! John is right -- you are a very reliable REVERSE INDICATOR!!! People here just need to remember that the opposite to your 'scare stories' will occur. On that basis, your 'predictions' are very reassuring for longs!!

A couple of other things; you said, 'we're all here to make money', but since you've admitted that you aren't short (and that you'd been lying to us about that for six months) and you obviously aren't long, WHY ARE YOU HERE?

Also, you promised to apologise for being so wrong if the shareprice passed £1. Where is this apology?

[wallywoo] 25/5/2021 11:30

Lol, TNT in the last 2.5 years the number of shares in issue has increased from 97m to a expected 446m in June. However, the balance sheet will be weaker after the equity issue than it was 3 years ago (with less tangible assets and more debt).It is the assets and balance sheet that increases a shares value, not low margin contracts. Kier still has everything to prove on that score. Expect the share price to fall on the new issue and be under pressure for at least another year, until they have proven they can generate any cash.

[tnt99] 25/5/2021 10:16

I think the price will hold up well I have bought over my allowance of shares and with HS2 and all the new contract wins and a fair wind expect in a years time the share price will have tripled

[rolloway] 24/5/2021 11:10

hxxps://www.constructionnews.co.uk/contractors/kier/kier-reappointed-to-190m-highways-england-contract-24-05-2021/

Kier lands £190m Highways England contract

Kier winning big contracts.

[rubeek11] 24/5/2021 08:01

I have received 7000 New ordinary shares in my share dealing account, but I havent paid for it. What dies that mean?

[rubeek11] 24/5/2021 08:00

I have received 7000 New ordinary shares in my share dealing account, but I havent paid for it. What dies that mean?

[ontheforks] 21/5/2021 16:22

Well it seems kier is the gift that just keeps giving my sharesave option was £1.01 now it has been adjusted down to 85p why is this good news I hear you ask.. Well as some of you know I work for kier living which touch wood will become tilia homes in June... And because I can't continue in the sharesave I will have 6 months to either sell, keep or even take my money back.... Hats off to Mr Davies seems he is looking after shareholders pity he doesn't come to our site as I would like to shake his hand 👍🏻