Kier Share Discussion Threads

[stdyeddy] 26/5/2021 14:31

Interesting price action today. I'm wondering if the weak holders have been cleared out. Volume not huge; not many sellers? Let's see how determined the buyers are.

[johnbuythedips] 26/5/2021 11:43

and made money with every position I have had in this stock. (although at 42p was concerned, before you started selling - you gave me even more confidence to hold when you announced it).
Sitting on a nice profit here too.

NOW EXPLAIN HOW YOU SOLD FROM 50P ALL THE WAY UP TO 120P AND LOST NO MONEY YOU ATTENTION SEEKING RAT

Note - I am still convinced this will trade £2.00+ but they will need to go in the drawer for that. You, you are just a daily contradiction. I am looking forward to that letter from the Kier legal team being delivered to your shabby rented accommodation in Luton.

[petersw1] 26/5/2021 11:26

Wally, thanks for clarifying but it means your statements that Kier have lost cash for 5 years continuously is false.
δNet debt + gross proceeds from equity raises ≠ -δ cash
Yes, they have had a really bad period and if your investment style requires solid historic performance before entering then Kier is not for you. Personally, I like to get into turnaround stories early while there is still gains to be had from it playing out.
I suspect the industry has learnt lessons from the collapse and near collapse of companies. I suspect that the competition in the tendering process is less cut-throat now and I see signs of Kier's new management showing competence and delivering what they promise. I can't be certain, but once it is certain it will be fully priced in.

[wallywoo] 26/5/2021 11:21

And johnbuythelosers, who has stated at least 24 buys on here from 125 over 15 months ago.And has stated Kier will be well over 200p many many times.Couldn't resist either, what a fraud!!;

[johnbuythedips] 26/5/2021 11:12

I couldn't resist.

Just to remind any newcomers Wally Woo sold 50's and 58's - then some more, and a few more.

HE CLAIMED HE NEVER LOST MONEY ON THE TRADE WHEN WE GOT TO 120!!!!!!


What an absolute fraud and a useless liar. LOL

[petersw1] 26/5/2021 10:50

Tnt, looks like you're quoting an article from 9 March 2020: hxxps://www.building.co.uk/news/kier-to-leave-historic-home-this-june/5104764.article

[tnt99] 26/5/2021 10:30

On building.co.Uk states staff leaving in June on expected sale

[gixxer1] 26/5/2021 09:11

@Tnt99. The staff moved out a long time ago. It closed in April of last year. There are NO rumours within Kie that it has been sold

[tnt99] 26/5/2021 09:06

Staff are moving out in June and the Rumour is has been sold ???

[gixxer1] 26/5/2021 09:00

Tempsford Hall has not been sold. It's is a very large building and part of it is listed. There are additional office buildings, a gym, squash courts, sports fields and an awful lot of land, so prime for development IF the economic climate allows. It is in a prime location right next to the A1 and within a very short commute of London. However even as a Kie employee, I can't see it being sold soon. IMO it will be sold as a housing development - who wants office space and the associated overheads now that we have demonstrated we can work from home effectively? You only need to look at all the empty office space in our cities. There is a knock on effect too, in that all the business who were supported by the City office workers are, or have gone under. Think of those lovely little sandwich bars and independent coffee shops that we inundated early, mid morning and lunch times. Hopefully in a few years our cities will return to what they once were. The above are my thoughts anyway - other thoughts are available!!

[sparty1] 26/5/2021 08:31

Wally cannot tear himself away. New shorts open?

Dragon ,no idea if you are in or out but I`m waiting for the new shares to be admitted
before re buying.Letting the dust settle.

Those who bought more or initiated a buy in SYME @ 0.32 have had a 15% rise today on tradeflow agreement to go with the steady rise recently. Lot more news to come there.

[wallywoo] 26/5/2021 07:25

Tempsford Hall still on numerous office for rent sites. No one has bought it. In deed it has been empty for 12 months, just costing Kier money.


I have heard the argument that construction companies are incredibly cheap and will make investors millions for a long time. Let history be your friend. Risk is very high, reward is low. Kier has a 5+ year history of losing cash. They have everything to prove and with 446m shares (up from 97m), an awful lot of shareholders to keep happy.

[stdyeddy] 25/5/2021 23:18

£50m for the head office? Tempsford Hall? I wasn't aware that they had actually sold it. Are you sure tnt? If so, please point me towards the news. If and when it is sold (esp if they get £50m) that will be quite big news and I'd like to see it so that we can shout it from the rooftops; that combined with a decent H2 profit and cash might just about put Kier into net avg monthly cash. I think you might be either confused or maybe just early with the news -- it'd be nice if it's the latter but am doubtful, only because I haven't seen it elsewhere. Please confirm it with a link or some other evidence tnt.

[tnt99] 25/5/2021 21:52

Don't forget the 50 million they got for the head office and the new 200 million contract they just picked up and the nearly 8 billion in orders and the likely HS2 business to come this is going to be booming in my view at least 3 pounds with a dividend within the next 3 years

[kangaroo joe] 25/5/2021 21:26

Potential is what is being valued - massive potential. Let’s give Davies a chance now he’s cleared the decks.

[stdyeddy] 25/5/2021 18:47

Scratched record wolly!! No one is falling for your bullsh1t. Volume up, price up. You've got no position here; you're just a malicious troll. If you had ANY RESPECT for the other posters/readers here you'd apologise like you said you would. 'Heartedly'!!! Lol!!!

I will keep reminding you until you do.

[wallywoo] 25/5/2021 18:40

Lol, if net debt is up there's no real cash or profit generated. It's just a accounting quirk.


There's a big difference between this sector and the others when it comes to profit. The construction sector can generate a profit but still go bust. Both Carillion and Interserve did just that.


You need to look at net debt and net tangible assets. Both have got worse every year for 5+ years.

[stdyeddy] 25/5/2021 18:34

Who was that nitwit quoting British Bulls at me the other day? Said he was being really clever and had sold everything so that he could trade a few ticks down. Well, maybe he should get back in:


KIER GROUP
Signal Update.
Our system’s recommendation today is to BUY. The BULLISH DOJI STAR pattern finally received a confirmation because the prices crossed above the confirmation level which was at 110.4000, and our valid average buying price stands now at 110.9900. The previous SELL signal was issued on 18/05/2021, 7 days ago, when the stock price was 114.3800. Since then KIE.L has fallen by -2.96%.Market
Outlook.
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The market is telling you about a new profit. Do not miss this bullish opportunity.

[dragonfoot] 25/5/2021 18:19

wallywoo you've left out the profit and cash generation from H1 and H2. Don't worry chum I've got the measure of you. I'm not fresh meat for you. See you on ii maybe. Only negative talking points! No position I hear. I met a contract worker a couple of years back said Kier made him keep his eye protection on walking back to the canteen. He thought maybe they didn't like his attitude. Is that your efficiency beef? Was a Kier supervisor rude to you? Seems you've taken it to extremes.

[wallywoo] 25/5/2021 18:02

Dragon, net debt will be a interesting read for H2. Yes there's approximately £100m from KL sale and £241m (less £12m costs) from the equity issue. Oh and they were a bigger business in 2016 with £4.2b turnover, and £150m profit..........But;

However, you have £50m HRMC, debt restructuring costs and H2 spend.


Of course the average monthly debt is much higher too. So debt will still be a issue. Kier HAVE to generate cash over the next year. Can they??? After such a long time of losing cash!!!

Stdy, restructuring and redundancies costs can be used as a excuse for a year or two, but not 5 years of cash losing. They are a inefficient builder, have they changed now? Jury's out!!

[stdyeddy] 25/5/2021 17:54

Kier spent money on restructuring and redundancies; hardly a secret. Davies has already said that that is substantially over now. First profit in two years announced for this H1 just gone. wolly trying to spin the numbers to show 'losses' is performing his reverse indicator role. He is exactly wrong because investors have to look forward too. Debt will also benefit from the H2 profit. We might even be net cash by June year end (with average monthly debt at a low level) if there's £40m profit there.

Some of the H1 highlights were:
-- Operating profit - margin improvement to 2.9% and improved quality of earnings:
o Operating profit before adjusting items of GBP48m (HY20: GBP47m)
o Return to reported operating profit of GBP29m (HY20: loss GBP(24)m)
-- Free cash flow: GBP19m (HY20: GBP(30)m) - improved performance as profits translating to cash

[dragonfoot] 25/5/2021 17:41

It was a smaller business back in 2016 but debt will be even lower than it was then post capital raise. £24m? Risk off!!!!