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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
  0.80 0.69% 116.00 115.80 116.00 117.00 113.00 113.00 254,832 13:06:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 3,328.5 5.6 -0.1 - 518

Kier Share Discussion Threads

Showing 22726 to 22745 of 23125 messages
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DateSubjectAuthorDiscuss
10/8/2021
15:55
Enjoy this folks Wally Wanabae! you are a laughing stock be it dribbling suspension when the share sold off or entering shorts from 50p all the way up as your hedge fund heroes are exiting. Davies has pulled off this funding and this goes only one way.
johnbuythedips
10/8/2021
15:52
LOL! 😂🤣😂
stdyeddy
10/8/2021
14:19
fenn, someone with an account with Morgan Stanley for all those years!! You are probably older than me...I retired early..cos I could. You VOG holders will find that vog retires you.. I`ll let you know when I buy back in here Fenn.I know you like to keep up to date. You can sponsor the match ball at Wrexham with your vog profits..
sparty1
10/8/2021
12:45
COST at 58...! despite thousands of words from the experts..Clearly no confidence in current management. Ammu, you must have spent months wiping the egg off your face..back for more now.
sparty1
10/8/2021
11:51
So you've resurfaced wolly, after being totally humiliated on here for many weeks and eight days of complete silence. Why have you not apologised, like you said would, for being wrong about this share when it was sub 100p? You promised to apologise to everyone for being wrong, if it went past £1. You also said that you were short from 50p and that you will have lost money -- how much did you lose shorting Kier wolly? I am guessing it must be a significant sum since you keep coming back here to whine.
stdyeddy
10/8/2021
10:40
Lol Stdy, still exaggerating the truth I see. Kier; 1) still have a very weak balance sheet with around -(-£300m) net tangible assets (need to wait for results for actual figures, I suspect it could be worse). After the last equity issue in December 18, Kier had (-£116m) net tangible assets. So the situation is still worse. Of course they have issued another 174 percent more shares too (459 percent counting both equity issues) 2) they have yet to generate any cash at all for 5 years. They have everything to prove in the next year. A £8b order book means nothing if they make no money out of it. Carillion had £16b, Interserve £7.5b when the administrator was called in. 3) this remains a extremely high risk investment, one that is currently in a short honeymoon period after the equity issue. With the massive share issues and extremely weak balance sheet, Kier are still on the edge.
wallywoo
10/8/2021
09:44
Nice to see the trade press helping Kier distribute its internal company memos: hTTps://www.constructionnews.co.uk/contractors/kier/kier-restructures-its-construction-business-10-08-2021/ The positive I'm seeing is a simpler management structure.
stdyeddy
10/8/2021
08:43
Indeed...past disclosures were at best disingenuous. Kier still not out of the woods. Relying on government support to stay afloat.
zicopele
10/8/2021
08:38
hxxps://www.constructionenquirer.com/2021/08/09/kier-restructures-construction-operations/ Why restructure construction unit now and not earlier? CEO's comment about HS2 contract saving K going the same way as Carillion raises questions for me about past disclosures.
stutes
10/8/2021
07:35
Idiot. Clueless idiot. Kier has raised the cash it needed -- the danger has passed. The business has shed a third of its workforce and sold off assets, reduced its debt to practically nothing and still has an £8bn order book. If HS2 were cancelled -- which it won't be because it's now gone too far -- Kier would get paid for the work it's done and continue to win other work for roads, schools, hospitals, flood defences, power stations and on and on. I remember you saying you'd put a short on Kier when the share price was at 78p sicko. How much did you lose?
stdyeddy
10/8/2021
07:04
Read that FT article. Kier wants more HS2 work and must be putting the heat on government to deliver. Davis also reminding government that Kier would collapse if HS2 is cancelled at some stage in near future.
zicopele
09/8/2021
11:20
Meanwhile, our favourite construction firm has picked up another very substantial NHS project: Kier picked for £43m Clydebank surgery hTTps://www.theconstructionindex.co.uk/news/view/kier-picked-for-43m-clydebank-surgery-centre Kier is to build a new surgical centre at NHS Golden Jubilee’s hospital in Clydebank. The £43m contract award is part of the hospital’s expansion programme and follows Kier’s completion of the eye centre there.
stdyeddy
09/8/2021
11:15
Dasty, I agree with you. Davies is notoriously shy of the press and has refused to talk to journalists after the last couple of presentations, but there has been a change of tone in recent coverage and this very short interview is, I think, a sign of Davies's bullishness. I think the positioning of HS2 within the story is the journalist's angle on this; Davies probably agreed to the interview to promote the fact that Kier is out of the mire. As usual, because he is hopeless at selling the dream, he talks up the previous negatives, but he is probably attempting to contrast the change that he has brought. I think that the piece below is one of the most interesting items: https://www.ft.com/content/85987223-edb8-43b5-91d1-93cabdbc64b4 The company is now an infrastructure and construction group with an £8bn order book, almost solely focused on winning work from the government or regulated utilities, he said. It has yet to set out plans to restore the dividend. Still Davies is optimistic that the company has weathered the pressures of the pandemic. Kier took £9m in furlough payments from the government, which it has not repaid. On most of its contracts, including HS2, the government bears the brunt of any increase in materials prices or unexpected costs.
stdyeddy
09/8/2021
10:34
Bore off Pig face. You were warning investors off of Kier at 50p. What the hell do you know apart from how to clear a room at parties.
johnbuythedips
09/8/2021
10:06
I'm not saying that it's bad news, but with, you could say, is HS2 going to be the golden egg, margins will be tight. With all the money, from the equity raise and sale of KL, ultimately reducing debt, but not clearing, still left kier just hanging in there. Sentiment is everything and if that disappears, then the share price will falter, September results will be very interesting
bathboy2
09/8/2021
09:37
I would agree with that - but it remains a work in progress (as is Costain before anyone starts...) Fragile and I don't think all of the nasties have been fully declared yet - trade financing and delayed tax etc etc. I don't think any of that will impact the share price when it is declared - but they have been very careful with the level and timing of their disclosures. Anyway - the article (really a very very short 'interview' once the journalistic background is excluded - how many quote?): The chief executive of the UK government’s biggest construction contractor has admitted that a Cabinet Office decision to “de facto” support the company with contracts for the HS2 railway line saved it from a Carillion style-collapse three years ago. Andrew Davies, the chief executive of Kier, says the business was an “absolute mess” and on the brink of bankruptcy when he took on the challenge of rebuilding the FTSE 250-listed business in April 2019.  “It was tough love, and there were no special favours,” Davies said in an interview with the Financial Times. “But the government did de facto save us by awarding us contracts. The biggest one was HS2.” Kier is the UK government’s second largest contractor overall, using thousands of subcontractors to build hospitals, schools and prisons. It is also the Highways Agency’s largest supplier as well as one of the biggest contractors on the HS2 rail link, where it is building the line from the Chiltern Hills, north west of London, to Birmingham. “There were hard talks but the government made it very clear it didn’t want another collapse,” said Davies, a former executive of BAE Systems. “We did matter.” The government said: “HS2 Ltd’s rigorous procurement process is open to all bidders with the relevant experience and required credentials, and ensures value for money for the taxpayer.” Davies took over Kier after it admitted to “accounting errors” that wiped millions off the share price and with shareholders unwilling to support an emergency cash call. Rival contractor Carillion had been liquidated a year earlier and Interserve was in the hands of creditors. There were fears that a Kier collapse would have been more disruptive to government services than its rivals as it was engaged in fewer joint ventures, in which partners could continue the work. Now, Davies says that Kier is on the up again after posting a £9m profit on revenue of £1.6bn for the six months to the end of December, compared with a loss of £41m on revenues of £1.8bn in the same period the previous year. In April, it raised £241m in a rights issue to pay down much of its £436m net debt. Like Carillion, Kier had squirrelled away debts on its balance sheet and expanded in areas in which it had “no experience and no expertise”, said Davies. He has narrowed the company’s focus, ridding it of its environmental services and housebuilding operations and shrinking its facilities management business, reducing staff numbers from 16,000 people to fewer than 12,000. The company is now an infrastructure and construction group with an £8bn order book, almost solely focused on winning work from the government or regulated utilities, he said. It has yet to set out plans to restore the dividend. Still Davies is optimistic that the company has weathered the pressures of the pandemic. Kier took £9m in furlough payments from the government, which it has not repaid. On most of its contracts, including HS2, the government bears the brunt of any increase in materials prices or unexpected costs. Stephen Rawlinson, analyst at Applied Value, said Kier had “got lucky and been given the chance to rebuild”. “The collapse of Carillion helped the government realise it did not want a repeat,” he said. “The balance sheet is still weak but it is winning work.”
imastu pidgitaswell
09/8/2021
08:58
Bathboy, thanks, and I respect your interpretation. Mine is different. The fact he is willing to give such an interview says volumes. He is clearly far more confident and bullish than he has ever been. He would never have give that interview 1, 2 or 3 years ago. He now can. He's now confident. It's now his company- judge me from the hospital pass I was given, to now, to the future, he is saying. As a current holder, I'm very pleased to read it. Long term holders may be cursing past management.
dasty1
09/8/2021
08:12
See in the FT, that Kier are lucky to be still in business, it is only the fact of promises of HS2 work, that pulled them through, but admits the balance sheet is still weak, will make interesting reading in September, to see what they have produced, surprising that Davies has broke cover with this interview.
bathboy2
05/8/2021
09:16
Just checking in. 126p and very strong. Wow, what was the issue price LOL Good to see Wally has been found out for the liar that he really is. Where is Brazilian Fan Boy. Short @ 78p. Imagine how sticky the Mexico 70 Panini Sticker Album is under his bed LOL Losers, the pair of them. Both lackeys on a desk in SW1 somewhere, the train fare and Pret takes up most of their wages. This continues north IMO> Best of luck all. The clue is in the user name. John.
johnbuythedips
04/8/2021
10:46
Time to get back in costain teddy bear
ammu12
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