Kier Share Discussion Threads

[johnbuythedips] 09/9/2021 08:31

Still short at 78p Zico?
Go and get Wally's breakfast.

[ontheforks] 09/9/2021 07:30

Zico I think it's you who doesn't understand building by your theory a builder takes all the risk and isn't allowed to make money.... 🙄
Looks like the client had better get YouTube up and start learning how to build themselves and when they f it up get the real builders in to charge double the original estimate.... And let's face it your share dealing skills aren't the best are they shortypel

[sparty1] 08/9/2021 12:13

Re Blackrock.. From observing their positions over the years they very often hold positions over the notification level while also holding Shorts in the same company.
I presume it works for them or why bother..

Wally still in De Nile..

[stdyeddy] 08/9/2021 11:08

It's amazing; wolly posts doom and gloom and the shareprice goes up immediately. It's like everyone knows that you're the reverse indicator wolly!

[stdyeddy] 08/9/2021 11:05

wolly!!! I thought you had died! Since you are still here, and have read all of my posts, don't you think it's time that you apologised for being so wrong about Kier? You said that you would.

Regarding Kier and MGNS, the fundamental fact which you have always overlooked is that Kier is a large business, much larger than MGNS in fact, with strong revenue which will be generating large profits now that the 'great restructuring' is over.

MGNS has historically managed its finances better than Kier's last management team, but I am looking to the future. Lessons have been learned, especially from the failures at Carillion and Interserve, and clients recognise that construction firms need a reasonable margin to survive and finish the job. Kier's margin has been increasing steadily since Davies took over and I'm expecting that trend to continue for a while. Also, Kier paid out large dividends until quite recently, and Davies has laid out an initial plan for dividends returning here (one third of profits to be paid out in dividends) although not the timeline, so I am not expecting payouts this year, but maybe in 2022. Profits for next year are forecast to be around £140m to £157m btw. This final half-year may well have generated £70m. If it has, we are on track for a very rapid recovery.

The reality, which has already set-in for you, is that Kier has survived and is successfully rebuilding its balance sheet. A fwd p/e of 4 is far too low for this business, and we will see a re-rating of this share over the next fortnight.

[wallywoo] 08/9/2021 10:43

Lol Stdy. Mgns have paid a increasing dividend for over 20 years. Kie pays none.Mgns have issued around 4 percent extra shares (as incentives) in the last 3 years. Kier have issued 454 percent in a desperate attempt to keep trading.Mgns have a long record of reducing costs and increasing revenues. Kier always have a queue of party's to take their cash, and have decreased revenue for 3 years.What will be the debt restructuring charge this time? Kier have kept that very quiet!!!!This is Just the post equity issue honeymoon before reality sets in!!

[ontheforks] 08/9/2021 08:25

Looks like everyone's waiting till next update and not pushing share price past £1.30 not supprised really after last few updates being steady

[ontheforks] 08/9/2021 08:25

Looks like everyone's waiting till next update and not pushing share price past £1.30 not supprised really after last few updates being steady

[bathboy2] 07/9/2021 19:12

What is Morgan sindall debt levels??, and haven't sold the family jewels to survive, hardly a comparison

[stdyeddy] 07/9/2021 14:33

More on our favourite construction firm's performance against the top performer, Morgan Sindall (url and extract below). Keep in mind that Kier's forward p/e based on the latest trading update and the board's forecast on earnings is around a lowly 4. Morgan Sindall's actual p/e is 24. Arguably that shows that if Kier keeps heading in the right direction in terms of profitability and rebuilding the finances, six times p/e is achievable (£7.50!!). I am not expecting that any time soon, but if our close peer can do it, Kier must surely be capable of it too. Full-year results out next week.



...Amidst all this, two of the industry’s most consistent high performers took the top two positions on the BCLive league table. Morgan Sindall and Kier Group are engaged in a monthly battle to see which company will secure the highest number of new contract awards. Kier Group came out on top this month, landing an astonishing 34. But that wasn’t enough to stop Morgan Sindall topping the BCLive league table with a 15 contract haul valued at £521 million.

[stdyeddy] 07/9/2021 09:01

Contracts league rankings:
Kier’s strong performance during the month pushes it up to second [for the year to date] – its best result in the annual league since March.

[rikky72] 02/9/2021 13:10

Please make sure we are kept informed if it goes up by another .03%..

[petersw1] 02/9/2021 13:04

RNS alert! Quick, we best comment before tradertrev tells us off again!

BlackRock are back above 5% at 5.03%.

[bathboy2] 02/9/2021 11:37

Sparty goes to no parties, read Rizzy on lse, and what is everyone waiting for,, makes for good reading

[sparty1] 01/9/2021 10:50

bathtit.
"obviously lost a lot of money on kier,"

Stupid twonk.. Pay attention.

[petersw1] 31/8/2021 20:59

Looks like they did pretty well out of the firm placing and open offer.
Bought 28.8m at 85p and sold 13.6m of them for somewhere probably not too far off 130p. ~50% gain and now back to similar percentage of the total shares as before the raise.

[bathboy2] 31/8/2021 19:14

You never know, they could be sensible, bail out now before price crashes, lol

[stdyeddy] 31/8/2021 18:39

Thank goodness you're here to help us tradertrev -- now that you've revealed your own amazing insight, I'm wondering how we've managed to get through the last couple of years without you. If you wade through the 10,000 messages in the last 18 months, you'll find some insight, plus the usual advfn pointlessness (mostly the latter) because it's advfn! 😊

[tradertrev] 31/8/2021 18:10

Well, this board certainly isn't majoring on information/insight!
No-one has noted that the Aviva holding has just gone from 8% to 5%.
Happily for longs, Aviva Investors are almost certainly (in Clarkson voice) the worst institutional fund managers....in the world.

[petersw1] 31/8/2021 15:29

Small correction needed there stdyeddy. It is nearly 4 months overdue, not 4 weeks.

[stdyeddy] 31/8/2021 15:00

And there's a funny thing wallo-chops -- I was going to add that since we've already had a load of posts from you under your original-and-worst wallywoo monicker today, that it must be time for you to wheel out the always grimey bathtimeboy messages. I forgot, but lo and behold, there he is, with your trademark wet-behind-the-ears comments!!