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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
  1.40 1.25% 113.80 113.40 113.80 115.80 112.80 115.00 1,953,511 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 3,328.5 5.6 -0.1 - 508

Kier Share Discussion Threads

Showing 22551 to 22570 of 23200 messages
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DateSubjectAuthorDiscuss
16/7/2021
21:43
Thanks zico for helping guide me to see the bull case is stronger than I thought :)
petersw1
16/7/2021
21:13
The reason to raise being that it gives a net benefit to shareholders. Without it the refinancing terms on the debt would have been worse. They raised enough to make the balance sheet good enough and to keep borrowing costs at reasonable levels.
petersw1
16/7/2021
20:42
I didn't forget the £10m pension contribution. I don't see how that can be considered a cost of the raise or sale nor how it could be considered part of the overall refinancing costs. I expect to see it added to the pension assets that are shown on the balance sheet and contribute to the overall position. The prospectus for the raise lists "total estimated costs related to the Principal Debt Facilities Stage 2 Amendments of £18.2 million". It also meations "Principal Debt Facilities Stage 1 Amendments", that became effective on 13 April 2021, but I haven't seen any cost listed associated with that. I presume there were costs. The turnover forecast shown on SharePad for FY2021 is £3308.8m 3% of that suggests earnings of £99m 99-(18.2+22.7) => £58.1m earnings after subtracting the known costs described above. I don't imagine there being other costs including the Stage 1 Amendments more than that. So maybe we might even be positive overall not just adjusted. That sounds better than I was expecting. Feel free to correct all my mistakes.
petersw1
16/7/2021
20:14
zicopele/bathboy, you've been given the answers more than once. Profit is stated as "full year 2021 adjusted operating profit margin of approximately 3%". Kier has made approx £100m profit after adjustments. A good result after 2 years of writedowns. The cash raise is separate. They raised another £350m and there some costs. So what? What company does a cash raise of £350m without costs? What's your beef man? It's common knowledge the last management team let costs get out of hand and paid out dividends they couldn't afford. New management team has taken two years to turn it around. Hats off to Davies. He played a weak hand really well. Now debt is minimal he can focus on growing the business.
itisonlymoney
16/7/2021
17:02
You forgot the £10m pension contribution on KL sale.or the loss on KL of £10m or the underwriting costs £12m. Then there is the refinancing costs for debt. Goodness knows what that was. The list goes on and on. Lucky that it is all absorbed in the 3% margin which Steddy keeps telling us about. What a great company Kier us. Cant see why they raised equity at all. With their cash generation why did they bother? Bet nobody can answer that simple question.
zicopele
16/7/2021
16:13
I make it £351m raised gross, £328.3m net with costs of £22.7m. Why do you need to wonder? It is already stated as "full year 2021 adjusted operating profit margin of approximately 3%".
petersw1
16/7/2021
15:00
Fair play to Kier management. They raised £350m yes £350m and have reduced debt by £320m. Just another £30m costs associated with all this financial engineering but who cares? That is the shareholders problem. I wonder if the operating profit of 3% will be achieved after writing off all that £30m. Steddy can probably answer that one for us.
zicopele
16/7/2021
14:45
Can they make money on 3%operating margin, possibly, but has the debt pile been reduced enough, keep believing the board expectations, too late when they find another skeleton in the cupboard, or something to blame, covid, supply issues, materials prices, lack of skilled labour, all of these are floating around to be used if required, lol, at least the sun is shining, a cold beer to be had, enjoy the weekend
bathboy2
16/7/2021
11:55
Another contract win for our favourite construction firm, and one likely to lead to many others for the other freeports plus existing port developments, all shown to be in need of big investment post-brexit. KIER TO BUILD BORDER CONTROL BUILDINGS FOR PORTSMOUTH PORT hTTps://www.pbctoday.co.uk/news/planning-construction-news/international-port-in-portsmouth/96304/ This £17.1m project will support the wider ambitions of this new free port for Solent, which is one of the eight free ports announced by the chancellor in his budget. Procured through the Procure Partnerships framework, it is one of the largest investment projects in the port’s history and it set to generate 100 new jobs when construction is complete. This is the latest project Kier has won in Portsmouth, with others including Mayfield school.
stdyeddy
16/7/2021
11:51
You are a berk -- exactly like wolly. The spelling is 'you're' you nitwit. Do you remember these little English lessons that we used to have a couple of years back? Evidently not.
stdyeddy
16/7/2021
10:13
You must be in kier at £11 or more average, that's why your so desperate, Un-stdy or un-hinged is it
bathboy2
16/7/2021
07:35
wallywoo/bathboy and hinkley on Lse; one mad idiot relentlessly posting rubbish about Kier on some pointless vendetta or mental attention-seeking effort. You are pathetic, sad and stupid. Stop trying to hide; post as wolly so that you can get what you deserve.
stdyeddy
16/7/2021
07:27
Really? That's funny, because you can't spell -- same problem wolly has. 'Your' should be 'you're'. Also, very strange that wolly should stop posting while you take up his early pre-open spot on here. You are fooling no one. Every post you've made has been negative about Kier right from the off; saying the price wouldn't get past 94p was your new opener just a few weeks ago. You are obvious. As for being vague, Kier's trading update includes the words; The Group expects to deliver a full year 2021 adjusted operating profit margin of approximately 3%. Note the word 'adjusted'. 3% AFTER adjustments. You can prattle on for the next two months like a berk, but it won't make any difference -- we know you are the same prat who lied on here for seven months and Kier's share price will be going up from here.
stdyeddy
16/7/2021
07:18
Your just so wrong, your a fool to think I'm wolly, because I don't sing to your tune, and explain the transparency of the update, seeing as you have all the answers
bathboy2
16/7/2021
06:51
wolly, what is wrong with you? Just can't break the habit of trying to bash Kier? You still look like an idiot; calling yourself bathboy makes no difference. You called Kier wrong for two years. You should know when to give up.
stdyeddy
16/7/2021
04:48
Biggest difference between costain/galliford, and kier is that they appear to be in a full cash positive position, similar size turnover. Kier seeing how the cash raise went, it was unfortunate that they didn't aim higher. Kier update this week, was at best vague, because the ultimate debt level is still not stated, even with the cash raise/KL sale,
bathboy2
15/7/2021
21:30
Yesterday sicko seemed very interested in Galliford and Costain's results as a pointer to the numbers for Kier. Today you seem a lot less interested sicko. Could it be because the story doesn't support your gloom-and-doom predictions? GALLIFORD TRY DUCKS IMPACT OF MATERIALS SHORTAGES AND PRICE HIKES. Galliford Try said it has so far managed to avoid adverse impacts from the present wave of materials shortages and inflation in an upbeat end-of-year trading update this morning. hTTps://www.constructionenquirer.com/2021/07/15/galliford-try-ducks-impact-of-materials-shortages-and-price-hikes/
stdyeddy
15/7/2021
17:53
Rayfenn, you do a lot of stuffing. You in the chicken business?
dasty1
15/7/2021
15:22
I do know Sparty. He is a pensioner from Cornwall so get stuffed
rayfenn
15/7/2021
15:16
Why do you spend all day posting childish rants rayfenn about someone you don't know on an investor site?
itisonlymoney
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