Kier Share Discussion Threads

[stdyeddy] 14/9/2021 11:03

You're a bad loser wolly. AND you're a bad investor. As usual, you will be silent on Thursday when the share price reacts to Kier's first profits in two years and the p/e ratio is suddenly inked in, from minus a million or whatever it is currently, to a small positive number.

[wallywoo] 14/9/2021 10:50

Yes the obvious answer to poverty is to invest your money in a £550m company with (-£300m) tangible net assets, that pays no dividend (and I believe we will see on Thursday very little prospect of doing so).


You are such a great investor Sparty, SYME and Kier!!! Gives you lots of bragging rights!!

[sparty1] 13/9/2021 12:38

Bathboy just gone down the plughole. Clearly when kier sacked him he got no references.
Uniformed security at Lidl gives him more time to post.

[bathboy2] 13/9/2021 09:21

Throw it in, or throw it away, lol

[stdyeddy] 13/9/2021 09:06

Thanks spartz. I think we will be more than ok. I was wondering if and when you'd get back in.

[sparty1] 13/9/2021 08:39

Fingers crossed for you stdy. I might even throw a few grand at it before Thursday.

[zicopele] 10/9/2021 13:10

Life is good.

[bathboy2] 10/9/2021 05:20

Plenty of interest, to see which way this goes, not long now

[stdyeddy] 10/9/2021 00:08

So you're saying that you have no interest here then.

[bathboy2] 09/9/2021 21:11

Have had money in before, but have pulled out of all construction stocks, risks are too great, housebuilders are ok, generally funded differently, Kier think made a mistake by selling KL, capable of large returns, will see what results say, but would say, Kier have this year and next to clear debt,, if they can't do, the same issues will raise again, government only committing to funding until 2023, America already slowing down and we are overdue a correction/recession, everything so overheated

[stdyeddy] 09/9/2021 15:56

And what is your interest here?

[bathboy2] 09/9/2021 14:44

I have absolutely no interest in cost, so why would I do that

[sparty1] 09/9/2021 14:29

Bathboy ,why not go and haunt the COST board..you remember that debt free go getter so much a better investment than kier..
The share price is roughly where it was a year ago and down from 69p 6 months ago despite fund raising.
Those shareholders are all on anti depressants..

[bathboy2] 09/9/2021 13:39

It will be all ok, apparently kiers contracts are all cost plus, we'll so the dreamers reckon!!

[kierculpa] 09/9/2021 12:44

Don't see debt restructuring as a concern. Materials costs though are a concern. Buying ahead has largely shielded contractors so far. But at some point it will impact on margins. And Kier needs a run of solid margins.

[petersw1] 09/9/2021 11:02

"total estimated costs related to the Principal Debt Facilities Stage 2 Amendments of £18.2 million".

[wallywoo] 09/9/2021 10:37

Really Peter?!! Please tell me what they are? The document talks about interest rate increases and one off fee's. All bad news of course. The closest I can guess is that it would of been around £50m in one off fee's and interest rate increases (maybe upto £80m) . Big cost to the Balance sheet with around 40 percent of the equity issue going in fees alone!!! What's your guess??? Like I have always said with Kier there's a queue for any cash they raise, which is quickly spent.


"On the Principal Debt Facilities Stage 2 Amendments Effective Date, a portion of the 2017 RCF Facility
equal to £135 million shall be prepaid and cancelled, following which the available commitments under
the 2017 RCF Facility shall be reduced to £535 million (the 2017 RCF Facility following such reduction
being the “Downsized 2017 RCF Facility”). The available commitments under the 2017 RCF
Facility shall be further reduced by £20 million on each of 31 December 2022, 30 June 2023 and
31 December 2023.
Following the Principal Debt Facilities Stage 2 Amendments Effective Date, lenders under the 2017
RCF Facility shall be entitled to the following one-off fee payments:
(a) a fixed fee equal to 1.00 per cent. of each lender’s commitments as at the date of the RCF Stage
2 Amendment; and
(b) an extension fee equal to 0.50 per cent. of each lender’s commitments under the Downsized
2017 RCF Facility."

[petersw1] 09/9/2021 09:57

Wally, they already told us about costs relating to debt restructuring in the prospectus for the raise. Will be good to have it all laid out for us in results though. One week to go :)

[wallywoo] 09/9/2021 08:43

It's nearly time for reality. When the results come out next week Kier will no longer be able to hide their balance sheet continuing problems;1) the debt restructuring charge will have to be released2) the cash lost in H2 will be publishedKier always do a good "dishonest" job of talking up the next year. But I doubt the market will believe it.

[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