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Share Name Share Symbol Market Type Share ISIN Share Description
Kier Group Plc LSE:KIE London Ordinary Share GB0004915632 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.91% 108.60 108.00 108.40 114.20 106.00 114.20 1,181,251 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 3,328.5 5.6 -0.1 - 485

Kier Share Discussion Threads

Showing 22476 to 22489 of 23250 messages
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DateSubjectAuthorDiscuss
13/7/2021
15:43
Lowest volume traded since 11th June.
petersw1
13/7/2021
15:38
Absorbed by: * Passing costs to customers with around half of the contracts being written to share or pass on such cost increases. * The contracts being fairly short duration and being followed by new contracts that are bid for to be profitable at inflated costs.
petersw1
13/7/2021
15:08
It is a muted reception from the market, it will possibly be tomorrow when it will show how the information has been absorbed. As for the analyst, how they can say increased costs will be absorbed, makes no sense, no firm at the moment, can cope with the increased material prices
bathboy2
13/7/2021
14:36
I`m sure he feels very sheepish about it.
sparty1
13/7/2021
14:05
A very muted reaction from the market so far. I'm guessing that people will digest the update and buy-in slowly over the next few weeks as analysts put out opinions and the market gets behind the business. The following is, I think, a representative comment: hTTps://capital.com/kier-group 'According to Joe Brent, an analyst at Liberum, the company is trading ahead of expectations, while he expects increasing input costs to be absorbed. “The balance sheet strength has been restored, with strong prospects,” he said.'
stdyeddy
13/7/2021
13:52
You are bitter and telling lies because you have lost. You said Kier was doomed, and you've been proven wrong, but you just can't let go. These outbursts from you make you look very stupid. You should be ashamed of yourself. More fullstops needed. 😊 You're stuck in the past sicko. Kier has very little debt now, a big order book and a slimmed down profitable business in a booming sector. Get used to it.
stdyeddy
13/7/2021
13:43
An actual lie sicko -- quick delete it with a full-stop! Kier took a £3.5m dividend from Solum sales last year. It will be a lot bigger this year.
stdyeddy
13/7/2021
13:37
You are silly. Find a proper hobby you twerp. I imagine you to be an impotent red-faced fat man, puffed up with self-importance. I look fwd to seeing your absurd comments replaced with a dot. It's amazing to see an adult behave the way you do.
stdyeddy
13/7/2021
13:04
It's a shame that Davies hasn't added an estimated number to the lines, 'The Group expects to deliver a full year 2021 adjusted operating profit margin of approximately 3%.' AND 'With cash generation continuing to be strong, we anticipate reporting a net debt / cash position at the year end, better than the Board's previous expectations.' Those are the numbers which would've created fireworks here. However, since we are only eight working days past the year-end, presumably Kesterton isn't in a position to state definitively where the sprawling Kier empire and its many joint ventures stand. The history is a factor; Bev Dew got the numbers wrong back in 2019 and immediately crushed investor confidence in the reporting from Kier. We have a far more cautious team in place now. They are avoiding any mistakes by avoiding giving us a number. I really feel like we need an update on the update. At least the press reporting has changed its attitude and is universally positive at this point. That might encourage Davies to be a little more forthcoming about good news. The one worry that I did have, was that Davies would do his usual thing of crushing the share price by emphasising issues and downplaying achievements, and on this score, he has not disappointed -- c'mon man!!! The KL sale was completed on 27th May and the equity raise only went through after the 18th June; that's the final weeks, not months of the year! Give us an estimate on the net debt and profits!! The reality will be good news -- almost a full year of profits from KL housebuilding in a standout year plus the other JVs. 3% on 'only' £3.5bn is going to be somewhere around £100m so £50m for the second half. I make that £380m (with the various cash raising actions) going on to the balance sheet for H2. I suspect that the 'better than expected' comments might also be influenced by the sale of two thirds of the Twickenham Gateway development through Kier's Solum JV and the other residential property sales at Solum and elsewhere throughout the Kier empire.
stdyeddy
13/7/2021
12:09
Re exposure. You picked the right horse alright. COST just sits there sub 60p month after month burdened by Podgy`s investment.
sparty1
13/7/2021
11:46
Peters very good post and exactly in line with my view. I’m sure it’ll be rocky but think it’s a reasonable buy here.
andycapp1
13/7/2021
09:52
Fair point dasty - I was just going from the RNSs. So it's one month rather than two months or 1.5 - because it is month-end and not daily. So £28m rather than £38m positive impact on the overall nil net debt position. The point was basically that it was not (yet) generating cash and paying down debt in 2020/21. It should be cash positive in 2021/22 - starting from an average net debt position - including trade finance and any delayed tax remaining - of around £250m (they said 'better than expectations').
imastu pidgitaswell
13/7/2021
09:38
In the end it seems to be that the main question at this point is if whether you trust the board. If you don't then the statements such as "moderately ahead of the Board's expectations" and "The Group is confident that it now has the platform to achieve its medium-term targets" don't count for anything. If you are willing to trust them then they are essentially telling us that we're "moderately ahead" of the target to getting to adjusted EPS of 31p to 35p in a few years time. Personally I want some exposure to the construction sector and see Kier as an increasingly safe investment with further upside as the market gains confidence in those targets being met and then seeing them met. Obviously there are no guarantees and there's always the chance of surprises, but I'm happily holding my original holding plus the 14/8 times that I got for 85p.
petersw1
13/7/2021
08:47
Receipts from the raise was mid June. That's not 2 months prior to year end...its 2 weeks. I didn't pay anything until well into June, so my money didn't help net debt at the end of month 11, only month 12. Overall, the update could not be described as 'negative'. It was vague, but positive. Its the fourth time I think management has repeated its targets, so we now know looking forward what 'management expectations' are. If (big if, of course) those targets are met, or even 80% met, the share price will go north of £2. Thus, the current share price has a lot of margin for error / disappointment built in already. If share price is £1 or less this time next year, it will have been a truly awful year...which of course is possible for Kier (any construction company), but you just get the feeling that kier is in a completely different place than it was 2 years ago. I'm holding. More upside than downside potential.
dasty1
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