Kier Share Discussion Threads

[stutes] 09/3/2022 14:07

You just cannot see the real question - higher dividend cover , yet business is hitting the margin. Dividend unlikely to be paid for sometime, share price falls on H1 announcement.
You should look more into things before making facile comments that undermine your contribution.

[wallywoo] 09/3/2022 13:08

Lol Peter, still trying to slag me off for saying Kier was a sell in September 21, at 135p? Seems crazy to me.


They are a sell now because they will continue to lose cash. £109m lost in H1, cash position has been much worse in H2 for the last 6 years. That screems scary to me. Ignore profit in this sector, the only thing that matters is cash generated. Ie none.

Target price here in a expected weak market is 60p by June/July

[petersw1] 09/3/2022 12:45

Taking Wally's post from last time:


and re-writing with the latest results gives:

Kier had a £70.9m income from the first half. Having made a income of £29.4m in the second half of last year. So clearly they are now a profitable business.

and also shows how inaccurate his predictions there were.

I would still maintain that focusing so strongly on the Total comprehensive income/(loss) isn't a good way to understand the business but just one number out of many to weigh.

[wallywoo] 09/3/2022 11:52

Guys, if you were real Kier shareholders wouldn't you be a lot more worried about the falling share price??


Rather than slagging of someone who has been forecasting the share price is a accident waiting to happen???

After all I was the one saying sell this at 135, while it's in its honeymoon post equity issue phase.

[petersw1] 09/3/2022 11:27

Hmm, last time we had some results, wally was really keen on discussing the Total comprehensive income/(loss) figure. He argued that it a really important audited and trustworthy data point. Strangely silent on that now.

[stdyeddy] 09/3/2022 11:23

wolly, are those Russians REALLY as trustworthy as you say they are? 😂🤣😂🤣

[stdyeddy] 09/3/2022 11:16

POLY, POLY, POLY... 😂🤣😂

[stdyeddy] 09/3/2022 11:09

If you really have to wonder that, given Kier's recent history, you're even more stupid than I thought.

[stutes] 09/3/2022 11:00

Dividend cover is reported to ×3, makes me wonder why not ×2?

[stdyeddy] 09/3/2022 11:00

wolly, you are an idiot. I've already said that nothing you or I say here makes any difference to people buying this share and I don't care whether advfn readers buy Kier. Your little vendetta is over. The hedgies are no longer shorting kier and the business is making steady progress on its recovery. Where have I said that anyone should buy Kier? I merely swap news. You're the one with an agenda, always telling people to sell Kier and buy POLYmetal, and look how well that's turned out. You've lost 95% on your polymetal holding! You really are a chump. 😊

And your miserable grudge against Kier comes entirely out of your earlier stupidity -- going massively long on Interserve in 2018 and losing a huge wedge, and then going massively short on Kier at 50p in 2020 and losing all of that when it went to 130p. You seem to have a knack for bad arithmetic and making bad choices. That's why you're always wasting your time on here. You really are a berk.

[wallywoo] 09/3/2022 09:48

In November 2018, Kier had 97m shares in issue. Today they have 446m. That doesn't count the high number of free shares they have promised to directors (5m+).Stdy's job is to ensure there is a market for all this worthless paper. As a side line he sells bleach as a covid cure, and fridges to Eskimos!

[stdyeddy] 09/3/2022 09:37

wolly, how about posting us another chummy idiotic message from your bathboy account?

[stdyeddy] 09/3/2022 09:33

Btw, Kier is doing fine -- profits up, profit margin is up and NAV is up. I expect big defence spending will also provide very useful revenue for Kier.

[stdyeddy] 09/3/2022 09:32

Constant lying from you wolly -- 1, I've never said Kier would make anyone rich; 2, Kier has issued 358% more shares in its two rights issues; and 3, how are your polymetal shares doing you chump? A 95% loss!!! And you constantly ramping them, without realising that the Russians are thoroughly corrupt. You really are an idiot. Have a nice day. 😂

[wallywoo] 09/3/2022 09:25

Lol Stdy has never had skin in the game. He has posted contract wins on this BB for 3 years now saying how rich this share will make you. Today's figures show revenue has fallen and Kier have spent another £109m of cash. This is the 6th year running that Kier have lost cash!!


He is here to sell Kier shares Since they have 470 percent more shares than 3 years ago, that's a big job.


I don't need to remind investors that Carillion made a £55m profit on its last published accounts. But if course was losing cash all the while.


Be very careful here, just watch the share price as to why.

[stutes] 09/3/2022 08:53

hxxps://www.constructionenquirer.com/2022/03/09/procurement-and-project-delays-hamper-kier-recovery/

My concerns ,ridiculed by some, appear to be well placed? How can construction side have a margin above 3% if revenue fell unless it's through cost cutting?

[rumbers2] 09/3/2022 08:39

Stdy one can safely assume you have 'skin' in the game again.
You have been uncharacteristically sanguine these last few months waiting patiently in the wings to execute your meticulously planned re-entry point.
Now you are 'back in the game' you have resorted to type: snarling and biting at all detractors with the subtlety of an SAS attack dog.

[bathboy2] 09/3/2022 08:27

Based on HY results they are looking like turnover of just over 3bn,

[stdyeddy] 09/3/2022 08:04

Key facts here are profits are up and profit margin continues to go up, DESPITE the much publicised inflationary pressures. So far Kier is managing its costs well and continuing its recovery.

[stdyeddy] 09/3/2022 08:01

It's because you are wilfully mis-stating the meaning of the 'order book'. Kier's frameworks actually had a projected value of £112bn last year. £8bn is the value of agreed work though it won't all get paid in one year, hence the £4bn annual turnover.

[bathboy2] 09/3/2022 07:38

Can anyone explain why kier when they state their order book, that they seem to include all framework projected value, before they've won the work, see from eps nearly half, long time before anyone see's a divi here, results look OK, but remember the monies drawn in from the KL sale and capital raise are going to skew the figures,

[stdyeddy] 09/3/2022 06:02

wollymetal/bathboy, practically all industry is likely to suffer during the current war. But shouldn't you be on the POLY thread bleating about how unfair it is that your investment in polymental has dropped 95%? A proper chump you are. I suggested weeks ago that everyone should hedge before the conflict but you were too stupid to take that advice.

As for your completely unfounded mealy-mouthed claims about 'certain projects' -- which projects exactly are you referring to? For three years we've had this total bullsh1t from you. Today is no different.

Incidentally, Kier was building submarine docks a little while ago. Expect plenty of MoD construction now on airfields and other military infrastructure in the aftermath of the Ukraine war. Kier will be one of the main contractors.

[bathboy2] 09/3/2022 05:33

Results due later?, while they will be important, the future projection will be just as interesting, certain projects are being mothballed and a lot of construction kit is being parked up, as the diesel and materials prices are ramping up significantly, while it liable to be only temporary, it is going to be a tough few months for everyone, and low margin construction is liable to be badly hit,