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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
  1.40 1.25% 113.80 113.40 113.80 115.80 112.80 115.00 1,953,511 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 3,328.5 5.6 -0.1 - 508

Kier Share Discussion Threads

Showing 23001 to 23025 of 23200 messages
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DateSubjectAuthorDiscuss
20/9/2021
18:01
hTTps://www.research-tree.com/companies/uk/construction-contractors/kier-group-plc/research/liberum/liberum-kier-group-distressed-rating-for-a-sound-business/1_5ad4c439-cc77-4e3b-9936-f779b72ba1f3 LIBERUM: Kier Group - Distressed rating for a sound business
stdyeddy
20/9/2021
16:21
I can't quite believe it; I just liked a masturpig post. I couldn't help myself! Is it possible that our detente could become an entente after everything that's been said here? Well, let's not get carried away just yet. Re the trade finance of £80m (a smidge under at £79.1m for anyone trying to identify it), it's there on the 'trade payables' balance sheet line as a liability within the £330m owed to suppliers. I've said this before -- if those suppliers hadn't opted for the early payment scheme, they would probably still be in the trade payables line. Arguably they might impact a little on Kier's working capital if the business tries to maintain its prompt payment policy and 34-day payment average but I have a sense it wouldn't change very much. For comparison, I checked the trade payables line at Costain, and at a third of Kier's revenue, Costain's last reported number owed to suppliers was about £252m. My point being; I think it's fair to class it as a trade liability rather than an interest bearing debt, and in that context, it's not big and probably won't change even after KEPS is done away with. Maybe. Still got to pay the last bit of covid-support VAT deferment of £18.8m in January, but then, surely, SURELY, the 'adjusting items' will be down to thousands and not millions. Please, Andrew Davies and Simon I-refuse-to-wear-a-tie Kesterton, read the Morgan Sindall results and make it so.
stdyeddy
20/9/2021
15:23
I was surprised by the level of debt reduction. Some of it will be due to (unsustainably) low capex (which will increase) and some working capital effects which will not recur, and there is still £80m of trade finance and £20m of delayed tax to be paid, but stdy's tax comment on results day recently was interesting. If it is c12 years of no (or limited) tax, then does put this on a PE of around 5, maybe less. You can't keep looking backwards wally: caution - yes, but intransigent blindness - no.
imastu pidgitaswell
20/9/2021
15:04
Another thing wolly would be wise (lol, as if...) to keep in mind would be the increasing margin. In the first half, profit margin was 2.93%. For the full-year it's 3%, due to a second-half margin of very nearly 3.1%. IF Kier can maintain that rate of improvement, against cost pressures etc, we might see a first-half margin for 2021/2022 of 3.3%. Davies is saying that despite inflationary pressures, they still think their forecast is right. Medium-term target is 3.5% margin on revenue of £4.0 to £4.5bn, which would be £140m at the low end and if the business can get to the low end of that forecast in this half, it will make £70m. And I think it's just possible that we have finally seen the end of the 'restructuring' which has cost another £31.6m for the full-year and £24.8m for the discontinued business (inc £12.1m as a writedown on KL's final value), which along with advisor fees have eaten up most of the operating profit, eventually leaving us with £5m. I look fwd to seeing the results in January with no restructuring costs, no surprises and increased margin. wolly will never leave btw. He's always promising to do something more productive with his time, but he never honours ANY promise, including the one he made us before the share price rocketed through 100p, when he said he would apologise for being wrong about Kier. It seems he has no friends (perhaps because he is so unreliable) and no hobbies, and cannot tear himself from this thread -- and that is quite sad, but maybe he deserves it.
stdyeddy
20/9/2021
09:53
Wally, since you're so obsessed with P + L you should note the total comprehensive income of £23m for the 6 months to 30th June 2021. They don't state it directly, and I don't find it as useful for understanding the business as the underlying profitability. Though, given you obsess over that it should be an important figure for you.
petersw1
20/9/2021
09:41
That's great, so Stdy you are agreeing to not post / ramp on this BB until next year when the results come out?I am sure the BB will be much better as a result. Take care now, bye!!!
wallywoo
20/9/2021
09:06
Yes, wolly, perfectly happy to wait for the next news or set of results. It's you who is constantly 'deramping' on here because you have a stupid fixation with Kier. You lost on your short; you're a well known figure of fun on here for lying and constantly posting rubbish; you lost on Interserve going long. Half the people on this board are only checking in to see how you are being skewered by the sensible people here. When you are silent, there is very little posted here. You would be better off not posting your ridiculous doom-mongering rubbish, and just waiting for genuine news. And also, when will you honour the promise you made on 1st May to apologise when the price rocketed upwards through 100p??
stdyeddy
20/9/2021
08:42
Yes you have been saying forward pe for 3 years now, except that for each of those years Kier actually produced a loss.Surprise surprise you are saying the same thing again. Don't you think it is time to actually wait for the next year before you speak?It is getting embarrassing now!!
wallywoo
20/9/2021
08:36
wolly, when will you stop lying? I said FORWARD p/e. Kier will earn upwards of £100m on current performance and has a market cap of about £520m. The results have just been published. And also, when will you honour the promise you made to apologise when the price smashed through 100p??
stdyeddy
20/9/2021
08:34
Kier made a bottom line loss, so have no PE ratio, despite Stdy saying it has had one for 3 years now (with losses in each year)!!!When will you stop lying to posters, Stdy???
wallywoo
20/9/2021
08:29
Indeed. All the longs are sitting on good profits, maybe even big profits now. Kier itself has zero net debt (in fact it has net CASH), a massive order book, a slimmed down workforce. Hardly a 'worry truck'. Current forward p/e is about 4.5. Dirt cheap, and even at risk of a bid. Today's opening price is affected by a market-wide drop in prices in the US, China and as a consequence, globally.
stdyeddy
20/9/2021
08:19
But if I ' invested'in this worrytruck @ circa 88p and look to sell now will I be paid no returns? he he
iammrweald
20/9/2021
08:00
Yes, you do keep saying it even tho you're always wrong.
itisonlymoney
20/9/2021
07:21
As I keep saying, despite the numpty's on here insisting this £550m non dividend return company is the bargain of the century! Support now firmly broken, next stop for the share price is 100p!!!! Why buy a company that has issued 454 percent more shares in 3 years, pays no return, has paid rampers that have been saying how great it is for 2.5 years (with no share price increase), and will be deeply affected by huge inflation??
wallywoo
20/9/2021
04:35
A couple of traffic management contracts and a couple in design, nothing to shout about,
bathboy2
18/9/2021
11:33
Another framework win for our favourite construction firm. Kier and Morgan Sindall among firms on £3.6bn road-renewal programme hTTps://www.constructionnews.co.uk/contractors/kier/kier-and-morgan-sindall-among-firms-on-3-6bn-road-renewal-programme-17-09-2021/
stdyeddy
17/9/2021
15:39
4,469,785 shares traded in the closing auction at 122.6p. About a 1/4 of that was market buy orders. I haven't seen such a large uncrossing trade here before.
petersw1
17/9/2021
15:04
Very positive article about the way Kier runs projects: htTps://www.constructionnews.co.uk/contractors/kier/supply-chain-excellence-winner-7-15-09-2021/
petersw1
17/9/2021
13:17
Don't worry wolly, there are plenty of buyers of Kier shares. 4m has been snapped up and the share price has barely moved. No one is ramping Kier. We are merely answering the malicious lies of trolls like you. The business has properly turned the corner now; first profit reported for two years, £93m in cash generated. Debt wiped out through the asset sale and cash raise, strong order book. All of that is in the results; no need to call it 'ramping'. You are the one (with your TWO identities here, wally/bathboy) trying to persuade investors to do something. And as usual, YOU are fooling no one. And as for 'reams and reams of ramping posts' YOU posted on here thirteen times yesterday, and according to you, you don't even have a position here. And when you claimed you did have a position some months ago, you said you were SHORT and lost massively. You are clearly delusional and motivated by some deep-seated hatred of Kier. You should find another hobby. Btw, you STILL owe everyone an apology; you said that you would apologise if Kier went past 100p in May. The fact that you can't live up to your promises shows just how dishonest YOU are.
stdyeddy
17/9/2021
13:16
Average month-end net debt is the figure you’re posting. Averaged across the financial year. "Receipt of capital raise and Kier Living sale proceeds arriving in the final months of the year. Limited impact on average net debt" Did you only scan read the results or do you struggle with understanding averages?
petersw1
17/9/2021
13:16
On the other board, they think Kier has zero debt now, how deluded can some people be, when kier sold KL, they kept something like 10/15m in cash to strengthen the coffers, i believe they booked around a 40m loss on KL in the accounts, call it, valued KL at 150m and sold for 110m
bathboy2
17/9/2021
13:13
You genuinely know the answer to this. If eleven months avg debt was £436m and 12 month was zero; 11months x 436, plus 1month x 0, the avg monthly debt for the year would be £399m. As you know, the number which is most useful at this point is the end of year net debt, which shows NET CASH OF £3m. Stutes, you said earlier that The Times is saying that Kier is a buy. Do you have link to that item?
stdyeddy
17/9/2021
11:27
K's monthly debt £432m compared to £436m the year before, but what about asset sales and rights issue - how come debt has only dropped £4m?
stutes
17/9/2021
09:37
The Times reports on K as a buy. I think chasing turnover without good margin control is a bad thing. Why should any new investor buy K shares when Morgansindall appears to be on rocket fuel -delivering profits and very few or none nasty surprises ? K needs to match MS and that could take time.
stutes
17/9/2021
09:12
Hmm, at 09:52 Wally predicts a fall and then the price rises 0.65%.
petersw1
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