Kier Share Discussion Threads

[ltcm1] 20/5/2019 11:20

Some of the other divisions must be losing money hand over fist because the housing division must be highly profitable currently, a gross profit of 25% on build costs is the norm.

Looks a good business that is being stifled to me.

[ltcm1] 20/5/2019 09:55

Talk about a jack of all trades and master of none! Is there no building activity this bemouthe won't have a punt at??? Are Kier having a go at Notre Dame???

The housing division could make good money if it was released from the shackles of this top heavy organisation.

Too many chiefs and not enough indians here, hopefully the review will conclude same and embark on a break up.

[minerve 2] 19/5/2019 17:44

The division has enough capital for its foreseeable future. Expanding the balance sheet too much at this point in the cycle might not be prudent.

[ltcm1] 19/5/2019 17:17

Yes - it will be a big winner at that pricepoint, I can see them selling fast when they are able to.

I can see this division having potential but has the group got enough capital to expand it??? Is it something Kier could perhaps spin off from their mighty empire???

[nomdeplume] 19/5/2019 14:14

Itcm1 : Your link seems quite positive - Liberal Democrat councillor Lucy Care said: "Residents thought it was brilliant that it was happening but wanted further information.

[ltcm1] 19/5/2019 12:30

But the whole development is 700 homes in total:




I read on the website Kier are planning to increase from 2500 homes to 4000 homes built annually by next year. Sounds impressive but a big jump.

Are they outsourcing these builds???

[ltcm1] 19/5/2019 12:04

It's 40 houses and a couple of blocks of flats as far as I can make out.

[mrfixituk] 18/5/2019 21:08

Altman Z Score 1.1 less than 70% + chance of going bankrupt in two years. 6 month low and a bearish chart pattern.

[brexitplus] 18/5/2019 18:06

Nom

Well, actually no. My reading is that no one can move in and there is no date for the highway work to start. Read the last line. It’s cash tied up for no-one knows how long.

[ltcm1] 18/5/2019 16:59

Well this sort of thing can happen to the best of them, could be something out of their control possibly.

Do Kier have a manufacturing facility for building these modular homes or do they outsource it all???

[eriktherock] 18/5/2019 16:52

Share Price was £5 on the 19th March at announcement of new CEO. What's that a 35% drop in two months of future proofing kier ?
Recently announced a plan to "reduce unnecessary costs". He needs help, but not from their mammoth HR police.

[minerve 2] 18/5/2019 13:05

Hedge funds can be wrong and do lose money like everyone else. Some hedge funds have lost massive amounts since the start of this year and some have closed. You do your homework, you take a position and that is all you can do. You will not always be right and sometimes you will be wrong. That is where risk management comes in and should be understood by all investors before they even buy a single share. Even Buffet has made many mistakes. The trick is to learn from them. ;)

Now, can we quieten down and wait to see what happens. All this recent talk is noise.

Thanks.

P.S. Ponty rules!

[ltcm1] 18/5/2019 12:55

Agreed - nothing is.

But if they are having a big review the likely outcome is change and provision for that change.

If hedge funds are still short after a Rights Issue they must have confidence in their analysis. They have also been short a long period of time now.

[nomdeplume] 18/5/2019 12:37

Maybe because it's not that obvious! It's a possibility, but it's not a certainty by any means.

[ltcm1] 18/5/2019 10:02

Minerve can you not see the obvious - there is a high chance the dividend is going to go, they are in a review for goodness sake. The chart is also singing from the same hymnsheet boyo.

There is also going to be paralysis as regards govt committment for big projects until it is clearer who the Prime Minister is.

The trend on the share remains down, I don't see Kier as a good investment until there is confirmation from the chart the trend has changed and this company is actually making some money.

[gettingrichslow] 17/5/2019 22:54

"Not very bright are they" says the dunderhead who could only get into Pontypridd Poly!! Farcical!

[minerve 2] 17/5/2019 22:43

Some people need to think a little deeper. What type of funds are invested in Kier and what investment policy and regulation do they adhere to? If the dividend goes some institutions could be forced to sell which could increase the cost of future capital to the company.

Not very bright are they, some investors of today. ;)

[gairich] 17/5/2019 17:17

You seem to be a bit rattled? Are you having fun dunderheed? Ha ha ha

[brexitplus] 17/5/2019 14:39

"I have also emailed the Woodford team who share my views."

and just look how they are doing!!!

STG

If Kier had a USP I might start to agree with you. But it hasn't. Its in a "dog eat dog" world with large competitors. This situation isn't going to go away in the near/medium term, if ever. Don't expect a rapid improvement.

[sharetradergray] 17/5/2019 14:33

minerve 2 i have been buying more cant wait for the shorters to get squeezed stock currently being shorted by 4.7% they have released internal communications stating the review is under way and Kier will be improved long term this company is going to be profitable there was an article the other day about ROCE and Kier's is at 3% the point is from a financial standpoint if you sold all of Kier's assets it has enough to cover all liabilities and whilst the ROCE is at 3% and people worry about margins quite rightly they are still making money! The business will just need fine tuning and improving to bring that return on capital up. I have also emailed the Woodford team who share my views.

[sharetradergray] 17/5/2019 14:28

Peel Hunt reissued their buy rating on shares of Kier Group (LON:KIE) in a research note published on Tuesday, May 7th, ThisIsMoney.Co.Uk reports.

KIE has been the subject of a number of other reports. Liberum Capital reaffirmed a buy rating and set a GBX 660 ($8.62) target price on shares of Kier Group in a report on Monday, April 8th. Canaccord Genuity restated a hold rating and set a GBX 525 ($6.86) target price on shares of Kier Group in a research report on Tuesday, January 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Kier Group presently has a consensus rating of Hold and a consensus price target of GBX 641.75 ($8.39).