Kier Share Discussion Threads

[stdyeddy] 16/9/2021 10:49

You have been 100% wrong in every post you've put on here since your first under your bathboy name (I know it's you wolly).

[bathboy2] 16/9/2021 10:47

I dont know what your sniffing, or is it the night nurse with your cocoa, the results minus the 350m drawn in, would be horrific, no progress, still falling back, within 2 years I reckon, they will be back for more money, lol

[stdyeddy] 16/9/2021 10:11

You're so desperate sicko. You've been wrong for a year. You will continue to be wrong. Getting excited about a momentary tick shows how desperate you are.

Also strange that you see yourself as a 'mummy' but it's a free country. Are you and wolly and bathboy all the same person then, because I've noticed the same gender fluidity in those two as well?

[zicopele] 16/9/2021 10:10

Interesting

[stdyeddy] 16/9/2021 10:08

Totally different management team from the Haydn Mursell years wolly, as you well know. You are the dishonest one by refusing to honour your promise to apologise like you said you would. You prove your dishonesty every time you post on here.

[wallywoo] 16/9/2021 09:57

All unaudited company spin.You have to ignore and go straight to the audited balance sheet.Kier are one of the most dishonest companies around. They will not say it like it is!!!

[sparty1] 16/9/2021 09:56

"The results will be awful,"

Not read them through yet wally but that statement might have been premature by you..

[stdyeddy] 16/9/2021 09:50

Strong operational performance and materially improved results

o Revenue of £3.3bn (FY20: £3.5bn): reduction due to exiting non-core low margin and loss-making contracts, successful completion of our motorway upgrade projects and COVID-19 pandemic, partially offset by growth in our core businesses

o Adjusted operating profit of £100m (FY20: £41m): reported profit £44m (FY20: loss £(196)m)

o Margin improvement to 3% and improved quality of earnings

o Adjusted basic EPS: 25.0p (FY20:12.2p): improvement driven by profit generation

o Free cash flow of £93m (FY20: £(8)m): strong performance as profits translating to cash

o Net cash / (debt) at 30 June 2021 of £3m (FY20: £(310)m), average month-end net debt of £(432)m (FY20: £(436)m)

§ Includes reduction of £46m in supply-chain financing

§ Receipt of capital raise and Kier Living sale proceeds arriving in the final months of the year. Limited impact on average net debt

[wallywoo] 16/9/2021 09:48

The balance sheet is clearly showing otherwise, Stdy.Ignore the company spin, go straight to the balance sheet. That's a necessity with Kier!!

[stdyeddy] 16/9/2021 09:45

And wolly, it's already obvious that you are bathboy; liking your own posts as soon as you post them is pathetic. You are an irrelevant troll, no matter what 'name' you use.

[stdyeddy] 16/9/2021 09:43

Silly trolls. Kier generated cash of over £90m wally and you know it. So where's this apology that you promised months ago?

[wallywoo] 16/9/2021 09:40

Market is waking up to the Kier spin. Will finish red IMO. These are the only figures that matter;


Tangible net assets Dec 20; (-£516m)


Tangible net assets June 21 (-£262m)
A improvement of £254m

Cash injections; kl asset sale £100m (actually £110m but I have been generous and taken off the £10m pension contribution)
Equity issue;. £241m


Actual assets (cash) lost in year without asset sales and equity issue £87m (341- 254).


This company spins that it is a viable business, however, it's continuing to lose cash. What will be the cash burn next year?

[bathboy2] 16/9/2021 09:38

Markets will see right through

[stdyeddy] 16/9/2021 09:30

Blimey, did you just blatantly like your own post sicko? Liked in less than a minute. Is your mum looking over your shoulder and liking your silly comments for you?

[stdyeddy] 16/9/2021 09:29

You hope. Probably finishing up today.

[zicopele] 16/9/2021 09:28

Probably finishing down today.

[stdyeddy] 16/9/2021 09:26

Davies delivers Kier turnaround

[stdyeddy] 16/9/2021 09:22

So the results indicate a transforming business; margin is up in every sector. Debts have been paid down; KEPS supplier balance reduced by more than a third; of the deferred tax, just £18m remaining. Suppliers being paid IN 34 DAYS! Cash generation massively up at £90m plus. The shareprice needs re-rating.

[stdyeddy] 16/9/2021 09:13

Let's see if Davies is willing to talk to the journalists now. I'm guessing he will.

[stdyeddy] 16/9/2021 09:10

Totally different tone to last year. More professional. More relaxed. Confident management. Kesterton still can't afford a tie.

[stdyeddy] 16/9/2021 09:02

oooohhhh... a dividend question!!! Kesterton wants 'clear sight' of sustained profits. Two to three years. Probably.

[stdyeddy] 16/9/2021 09:01

No material cladding exposures. Not exposed to that sector of the market.

[stdyeddy] 16/9/2021 08:57

Q&A has started.

[stdyeddy] 16/9/2021 08:57

Current year outlook unchanged -- managing inflationary pressures, according to Davies.

[stdyeddy] 16/9/2021 08:55

Kier back in profit after turnaround process completed