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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
  0.70 1.09% 64.80 64.40 64.80 64.80 63.90 64.80 451,107 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 3,328.5 5.6 -0.1 - 289

Kier Share Discussion Threads

Showing 22501 to 22521 of 24650 messages
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DateSubjectAuthorDiscuss
15/7/2021
08:52
Kier have never stated that debt to HMRC has been repaid. None of the other major construction companies deferred payroll taxes.

Amount raised was circa £320m after expenses. Kier is still in debt but we will have to wait until results to find out just how much.

zicopele
15/7/2021
08:38
wolly/bathboy attempting to spread misinformation. Kier has now paid back it's deferred tax; the same deferment that practically all the construction firms took to help with anticipated covid costs. The more interesting story here is that Kier has managed to achieve almost 3% margin on £3.4bn turnover and that both debt (which is now very small due to £350m incoming, mostly in the last fortnight of the year) and profits are ahead of Davies's cautious outlook.
stdyeddy
15/7/2021
08:34
No as I can't find the article, a link would help.
petersw1
15/7/2021
08:34
No as I can't find the article, a link would help.
petersw1
15/7/2021
08:15
Careful stutes your showing your hand by posting that this is the kier board and to start posting negative things about barrats out of the blue then planting doubt about kier main contracts might get people thinking your trying to encourage pi's to sell good luck longs 👍🏻 ps I've noticed there hasn't been any dumping of 85s from the big boys wonder why 🤔
ontheforks
15/7/2021
07:37
Barratts reporting yesterday identified an £80m cladding liability, I wonder when the fallout will include other types of buildings like hospitals, prisons, offices, schools, etc?
stutes
15/7/2021
04:30
Can anyone shed light, on what is reported on the building website, that kier have to June 21 have returned 29m of 79m deferred tax, in the year and still to return 50m this year to June 22, and why is it saying 'if the equity raise does prove successful', does that mean not all analysts are not sure it is enough??. Taking on board the comments about average month end debt, and the large injection of monies that have come in, surely the debt level should have ticked down??, but it is reported as 436m up from 422m, in line with expectations apparently.
bathboy2
14/7/2021
12:05
More good news thought I'd check my sharesave account was £1.01 option price now 86p sighed up till October to close account so will have around £1800 to buy keep up the good work mr D and good luck longs 👍🏻
ontheforks
14/7/2021
10:56
Just checked my share account and all my 85p shares are in so looks like they've all been allocated could be why share price has dipped along with cautious announcements but at least I'm now around £1000 up on investment lol good luck longs 👍🏻
ontheforks
14/7/2021
09:22
I think we will have to wait...and not you long...for updates from Galiford and Costain...in order to gain an assessment of the industry.

Kier is back to it's old trick of never divulging any information. On the face of it the lack of any progression on debt is disappointing.

zicopele
14/7/2021
08:00
Thanks peter, that makes sense. Needlessly opaque on Davies's part. He should have shown the immediate impact of the cash coming in -- as usual, downplaying the positives.
stdyeddy
14/7/2021
07:56
stdyeddy, I make it an average of twelve months since it is the FY number they discussed not the 2H number.
petersw1
14/7/2021
07:55
All of your 'pronouncements' on kier are negative and made from a position of ignorance. Why are you posting here?
stdyeddy
14/7/2021
07:46
Un-stdy, whatever pharma you are on, please can you let us know, as the utopian world you live in is amazing
bathboy2
14/7/2021
06:56
bathbrain; you appear to have intentionally misunderstood the explanation already given to you about the avg debt figure -- it's an average of six months; it will have come down dramatically for the last days of the last month. a better indication of Kier's new situation would've been expressed through the net debt at end of year, especially since that's the measure that they've been using for several years. Everything which you've concluded is wrong (as usual). All typical of wolly -- you are not fooling anyone.

As for 'long road', no. It's easily possible that it's a six-month road before we hit zero debt and a discussion about dividends; Davies has already said that the debt position is better than management expected. £350m cash coming in from equity raise, plus £50m for second half, plus £50m for the next six months more than wipes out the 'avg debt'. Btw, 3% on £3.5bn is over £100m and Kier is anticipating growth -- construction is booming.

stdyeddy
14/7/2021
04:51
Operating profit, back to 3%, same as FY19, FY20 was 2.5%, but they lost money in both of these years, finance costs and other exceptionals took the money. The capital raise and sale of Kl monies, has probably been used to soften the strain here. This could be the reason for month end debt still being much the same. Kier may well have turned the corner, but this is still a very long road, especially in a very low margin industry
bathboy2
13/7/2021
19:08
See post 22513

The number is the average month-end net debt for FY21, so the sale happening in 2nd to last month of the period and the raise in the last month means they didn't have much effect on the average for the full year.

petersw1
13/7/2021
18:58
Just done some reading regarding the results, on construction enquirer website, it states that with 350m cash injection the month end debt still remains the same as before, where has the money gone??
bathboy2
13/7/2021
18:00
Both points are made in Joe Brent's note.
The first point is lifted from slide 19 here: hTtps://www.kier.co.uk/media/6504/h1-results-presentation.pdf
I don't have any direct source for the second point.

petersw1
13/7/2021
16:33
Hi Peter, do you know this for sure?? Do you work in Kier's pricing department??
bathboy2
13/7/2021
15:54
Stdy 22521 postPatience Stdy - this announcement is was never going to be spectacular, it's just not Davies' style. And i'm happy with that. Expect share price to progress slowly but surely towards 200, though it might take more than 12months. Fair enough. Biggest risk is the US bubble.
kierculpa
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