Kier Share Discussion Threads

[minerve 2] 25/5/2019 14:23

That's the end of my conversation with the chimps for a week or two. Better things to do with my time.

[minerve 2] 25/5/2019 14:22

My thinking is clear. It is you who is fussy. I have an investment plan and thesis, I've used it for decades, and it works, I know why it works. That is why my net-worth is significantly higher than yours will ever be.

Here is some advice: concentrate on your game because it obviously needs some improvement. Or, even better, stick to you day job. You haven't got the general knowledge, or time, to be good at this game.

[gettingrichslow] 25/5/2019 13:02

Minny, try answering those 4 questions! You can do it if you try, it will help untangle your fuzzy thinking.

Jonwig, spot on - the sunk cost fallacy trait is of course by politicians not wanting to take the short-term fallout of cancellation, even if it's clearly the right thing to do for the long term.

[ltcm1] 25/5/2019 13:01

gettingrichslow - about point 4. What do you think the impact would be on the SP?

Perhaps Kier would be generously compensated were HS2 put on hold???

I am not meaning to do down Kier and any HS2 opinions are not neccessarily my own.

I am just making the point there must be serious doubts about HS2 happening as it is not politically popular, I don't think Labour would take it forward either.

Power to the people!

[brexitplus] 25/5/2019 12:45

Getting

I agree about HS2. Waste of money.

Didn’t the idiot Labour government think up HS2?

[jonwig] 25/5/2019 12:44

@ hsduk - the current sunk cost of HS2 is ~£3bn, the end total is estimated at ~£90bn. (Plus overruns.) The sunk cost fallacy that "we can't stop now" is very prevalent in government thinking and planning.

This is probably the best article I've read on the subject, and includes the strong connectivity argument:



HS2 is a big part of Kier's operations, both in JVs and in picking up Carillion's contracts. Given their thin margins, it might be better for them not to carry on, but be compensated by HMG!

[minerve 2] 25/5/2019 12:43

Hello? Hello? Anyone at home?

Who said I was in profit here?

I'm not, but I really don't expect to be.

You would have to be a complete 'loon' to think you would buy at the lowest point every time you invested.

Honestly, I'm shocked at the level of intelligence of these threads. It truly is poor.

[minerve 2] 25/5/2019 12:37

brexitplus - another wasted birth (LOL) out of his depth. ;)

[minerve 2] 25/5/2019 12:36

getting

Stick to your day job. You are impotent here and out of your depth.

[brexitplus] 25/5/2019 12:36

Getting, I would be interested to know when Porky started buying Kier. As I posted before, it’s lowest point in the last 11 years was about £5.50 during the 2008 crash. It did get up to about £15, but since then has been downhill most of the way to £2.81 yesterday. Add the dilution from the rights issue which Porky says he took up at £4.09.

So apart from the dividends I can’t really see where Porky has made any profit.

[gettingrichslow] 25/5/2019 12:22

Minerve, four key questions for you.
1. What is the cost of HS2? Clue - no-one knows.
2. Where do over 60% of the benefits accrue? Clue - it isn't north of the Watford Gap.
3. How many of the 10 current favourites to be next PM are supporters of HS2. Clue - it begins with a zero and ends with a zero.
4. What do you think will happen to Kier's share price when the plug is finally pulled? Clue - it won't go up.

Love, GRS ❤️ 084;️❤️

[ltcm1] 25/5/2019 11:26

HS2 is toast for two reasons. One is that it has never been popular with the public and the second is that if we did leave without a deal the Gov't would need to pivot to projects that are far more shovel ready like roads and schools.

HS2 is a complication the Gov't don't need in the run up to leaving the EU.

Cancel order!

[gettingrichslow] 25/5/2019 10:53

hsduk, with respect, it is nonsense to suggest HS2 can't be postponed (or completely cancelled). HS2 has spent around £690m so far I believe. That sounds a lot but it's a tiny percentage of the total anticipated cost. So it would be crazy to say 'because I've already spent £690m I have to now go and spend a further £58 BILLION'!! And you can recoup much of the £690m anyway because as you correctly say it has been spent on resaleable assets. Kier has some very big civil engineering contracts on HS2, but I don't have the numbers to hand, I'm sure someone on here has.

[hsduk101] 25/5/2019 10:20

They can't postpone hs2 now. They been busy spending multi million pounds of tax papers money buying up whole streets and farm land along the route!

[ltcm1] 25/5/2019 10:19

HS2 is going to be put on 'hold' if Boris Johnson gets in as he is in favour of a West East line up north so as to help MP's in certain areas.

Would an HS2 postponement have a big impact in Kier???

[minerve 2] 24/5/2019 17:31

Are you a mature male getting?

Your GF must be desperate. I guess in your neck of the woods the choices of males are pretty dire.

[gettingrichslow] 24/5/2019 17:23

Porky, have you done a Fibonacci Retracement on this dog recently? Woof woof 🐶🐶

[wipo1] 24/5/2019 17:07

I told you this was becoming Corbyn Construction maybe even Corbrown construction

[brexitplus] 24/5/2019 16:59

Ltcm1

Hmmm!!!

Pooche

No space between Brexit and Plus😊㈴2;😊 if you are talking to me.

[ltcm1] 24/5/2019 16:55

brexitplus - about the dividend. Do you mean the one they pay out of non existant profits???

Minerve says it's SAFE because the institutions like their regular cheques.

[porsche1945] 24/5/2019 16:53

brexit plus, name says it all, just change it to knuckle dragger minus

[brexitplus] 24/5/2019 16:39

Ltcm1

That’s ok then, particularly the falling dividend which may be non-existent next time round.

Only down 6% today.

And to think, all those rights issue shares, priced at £4.09, which required 50 for every 33 new.

Woodford must know what he’s doing though😊€522;😊. Doesn’t he own 20% of Kier?

I also see that the highest ever price was near £20 and in the huge 2008 fall the lowest share price was about £5.20. Have to go back to 2001since it was this share price

[ltcm1] 24/5/2019 16:32

brexitplus Minerve 2 says no need.

"It's only a loss if you sell and I'm enjoying the dividends :)"