Kier Share Discussion Threads

[stutes] 25/5/2022 12:16

For the person who glosses over things -
hxxps://www.constructionenquirer.com/2022/05/25/construction-leaders-launch-inflation-busting-taskforce/

[stutes] 25/5/2022 12:12

Just look at how many construction firms are reported in administration or receivership before glossing over Inflation, rate hikes and cost of living crisis.Firms who have less debt and work with financially strong suppliers should avoid costly delays from subbies going bust.

[wallywoo] 25/5/2022 11:29

Still hold £90k poly shares, average price of 405p. Very happy to hold such a quality company at such a great price.

When you mocked me for buying BP, the oil price was less than $10 a barrel. Gold price is just starting to accelerate. In a few years people will look back at polymetal price today, just as they did with BP in November 2020.

Buy quality when they are bargains, hold for the long term. I just leave them be, no point in promoting them, the company does it all themselves.

Don't buy the worst balance sheet in the worst sector (ie Kier)!!!

[stdyeddy] 25/5/2022 11:16

How you love to ramp shares wolly! Such a fraud. Firstly, you would've been trumpeting BP here for months if you'd still been invested -- it's obvious that you cashed out a longtime ago. We are not fooled. Secondly, you are very silent about your massive losses on Russian shares. Someone of your very limited intelligence will not do well on the stockmarket unless they are very lucky, and your consistently bitter and vindictive tone suggests that you are not a lucky person. Have a nice day.

[wallywoo] 25/5/2022 11:06

It was obviously such a fantastic presentation, that fund managers are rushing to their phones!!


That's true the ftse100 is dominated by oil and commodity stocks. Just like BP, that you mocked me for buying at 200p per share 18 months ago. Still have them, buy more with every dividend, so that investment running about 100 percent profit per year for me!!


You would rather spend all your time promoting a stock in a 15 year down trend that has nothing but lose cash for years. How about buying one that goes up? Just bgt into BME at 418, looks another bargain, not as good as BP but miles better than this dog.

Anyone notice that the awful investments (Kier), are full of poster's saying they will make you rich but the good investments have none of that. Stdy you should be ashamed of yourself, what a disgusting way to earn a living ::: paid scammer!!!

[stdyeddy] 25/5/2022 10:44

The presentation to investors will apparently be posted on Kier's website, today presumably.

[stdyeddy] 25/5/2022 10:27

Such a drama queen wolly. Kier reports full numbers like every other business twice a year. FTSE is skewed by the oil producers and other commodities -- the majority of domestic businesses have been crushed by covid to a greater or lesser degree. Kier actually booked a profit for the first time in three years last period and has been steadily improving on practically all metrics. We shall see in a couple of months how full-year profit and cash stand. Certainly the business doesn't deserve to be in 'distressed territory' as far as the shareprice is concerned. £2 would be much more appropriate. We shall see soon whether the business can produce the evidence.

Capital markets day seems to be off to a shaky start.

[wallywoo] 25/5/2022 08:35

The shares are massively under performing the market because Kier are refusing to say one word on debt and cash generation. That's the sole reason why the shares have fallen from 1500p in 2007 to 75p today. In addition to issuing 400m extra shares in to keep going (at 858, 409, and 85p).


They can't make any money, and just have to ask shareholders for cash every few years. What's weird is that after all this time they still ignore this fact until they have to report it in the published accounts.


30p by September.

And Stdy, ft100 on 14/2/22 was 7507, today it's higher at 7517

[bathboy2] 25/5/2022 08:29

What time is the presentation today??

[itisonlymoney] 24/5/2022 21:43

You're underlining the fact that if Kier is coping with inflation, the shares have massively underperformed the market and are probably too cheap. Could be some news on this over the next few days if analysts are convinced.

[bathboy2] 24/5/2022 21:19

With the ftse not far of highs, what are you talking about, construction shares are under pressure, but a lot of sectors are doing well, look at kier share graph, downward trend at present

[stdyeddy] 24/5/2022 15:15

Yes wolly, the share price was over £1 prior to the Ukraine war which has caused a raw materials supply shock and inflation. Please continue to argue that black is white. And as everyone knows, you are the liar here and a pathetic attention seeking troll. Let's have a few more lols you idiot. It's just wonderful that you think that this major European war has not affected shares. Of course the clue might be that you have never understood the difference between 'affected' or 'effected' you dribbling ignoramus. Enjoy tomorrow. More disappointment is coming for you.

[wallywoo] 24/5/2022 14:34

Lololololol, so your excuse for a 10 month share price fall is the Ukraine war that started 2 months ago. The war effected no other non Russian/Ukrainian share price but Kier. Righty ho!!!Do you usually lie so badly?Looking forward to the excuse for the next share price fall. How about, the leprechauns are slowing Kier down by mooning the on site worker's??!!

[stdyeddy] 24/5/2022 14:15

The reality is that we have a good update from Kier in advance of tomorrow. This is how it's being reported in the trade press:



FRAMEWORKS BOOST KIER ORDER BOOK

Kier’s order book swelled after it secured spots on “significant” frameworks heading into the second half of 2022.

Seven spots on the £30bn ProCure23 framework, which will mainly deliver work for the NHS over four and a half years, helped Kier bolster its order book to £8.5bn at the end of March, compared with £8bn at the end of December 2021.

In a trading update released today, Kier said: “The order book continues to be underpinned by significant long-term framework agreements.”

This month, Kier secured a place on a £240m framework for the north of England, weeks after it won two spots on a £640m framework covering Yorkshire.

Kier also highlighted a £350m job it secured this month to regenerate the centre of Leatherhead, spanning 10.2 acres, and an early works contract it secured on a £75m project to revamp Alderney Water Treatment Works in Bournemouth.

Looking ahead, the contractor said it remains “confident” of reaching its medium-term target of an annual revenue of between £4bn and £4.5bn, with an operating margin of about 3.5 per cent.

In its most recent annual accounts, to 30 June 2021, Kier’s revenue came in at £3.33bn, although it was affected by the coronavirus pandemic. The previous year, it reported revenue of £3.48bn.

In April 2021, Kier chief executive Andrew Davies told Construction News that the “quality of the earnings and the cashflow that is coming through” would tempt investors to the firm, adding that Kier had good visibility of its cashflow as much of its work came through frameworks and long-term public-sector contracts.

[stdyeddy] 24/5/2022 14:06

wolly, as you well know, the current Kier shareprice has dropped to this level because of the war in Ukraine and I told everyone that this was likely to happen back when the war started and suggested that people hedge against it.

As inflation and prospects become more stable we should reach some kind of bottom. We might be there already, but the wider market is the bigger influence here, not Kier itself.

You are also incorrect in saying that I am saying the same things -- today I've refuted your Carillion comparison. You are clearly not very bright.

As for making 'apologies' -- it's you who owes this board an apology. You said that you would apologise if the share price went through 100p and of course it did for many months but despite being harangued continuously on this point, you refused to honour your promise. You have made many broken promises, including your one to john to show the value of your 'short' if he showed his long position -- he showed his, but you failed to keep your end of the bargain.

It's for reasons such as these that you are not respected on this board. You are merely a silly troll trying to draw attention to yourself. Unfortunately for you, it never goes well for you.

[wallywoo] 24/5/2022 13:32

10 months ago Stdy, the share price was at 135p, 70 /80 percent higher than today's price.


Weirdly you were saying all the same things as today. In 10 months time when the share price is much lower, you no doubt will be saying the same.


At what price will you agree to apologise to this BB for ramping this rubbish investment??? Only the very few who purchased for a few weeks 13 months ago, and didn't take up their share allocation at 85p are in profit here. My guess is 0.001 % of shareholders or 1 in 100,000 shareholders. Probably a lot less than 50 shareholders in total, if they are daft enough to still be holding.


Perhaps you should apologise now???

[bathboy2] 24/5/2022 13:32

Constant living on debt and working hard to survive, but not making inroads, if they lose the banks their done, lots of sweet talking to bankers on capital markets day, they are winners,

[bathboy2] 24/5/2022 13:27

Do your homework, only the current pension scheme is in surplus, the older discontinued final salary pension is in deficit, and kier are currently pumping 34m a year in to it up to 2026 at present, but that will not suffice, and put it in to surplus,

[stdyeddy] 24/5/2022 12:52

And btw, you keep banging on about rights issues here. A year or two back you were saying that Kier couldn't raise any cash, but you were proven massively wrong when it managed a very successful cash raise last year. That ability to raise money from shareholders is a MASSIVE strength because it gives confidence to banks and customers that Kier is a dependable business which will NOT fail. Carillion suffered very high financing costs because of its high risk profile and investors refused to support it. Kier has the opposite reputation.

That fundamental strength underpins Kier's ability to thrive in a tight market because customers will choose quality over price. They want to know that their chosen contractor will be around to finish the job. Kier picked up Carillion's HS2 projects. It is considered to be a safe and dependable business BECAUSE of the shock of the Carillion and Interserve failures.

[stdyeddy] 24/5/2022 12:43

So now you're saying that dasty is a 'paid ramper'. The same boring and ridiculous accusation from you that you've made to EVERYONE who is positive on Kier. You are not a paid ramper wolly -- you are merely a trolling tw@t.

You had a bad experience by being long on Interserve and losing a load of money, and then being short on Kier and losing a shedload more. It's just pointless resentment that makes you try to sling mud here.

The facts are that Carillion had a £1/2bn pension deficit where Kier has a SURPLUS.
Carillion carried massive risk in high value contracts with middle-east customers and when they reneged on payments, it sank Carillion. Kier has hundreds of comparatively LOW VALUE AND CONSEQUENTLY LOW RISK contracts with UK local and central government and will always be paid on these.
Carillion's monthly avg debt was £1/2bn but ontop of this Carillion had many major loss-making contracts which ultimately demolished its value. Kier has ALREADY taken this hit and cleared out it's loss-making contracts over the last three years and made massive writedowns. You made your Kier/Carillion argument three years ago, but you were wrong. Kier did not fail, though arguably it was a near thing.
The fact is that Kier has tackled all of its issues and has been recovering consistently and improving its profits at each half-year.

Now you are hoping for a large construction firm to go broke just because it's been a while since one did. Well, you are looking in the wrong place. Of course a large construction firm will go broke -- NMCN has just collapsed. And there will doubtless be others, but Kier will not fail, because Davies and Kesterton are massively risk adverse and were hired precisely to avoid loss-making contracts and business collapse.

Just because YOU can't call it right (losing on Intereserve long and Kier short) doesn't mean that you should post on here arguing that black is white. You simply look stupid and bitter.

[marksp2011] 24/5/2022 12:37

Christ

Another year goes by and the same people are still posting the same stuff.

it's like a timewarp.

I'll check back in another 700 posts

[wallywoo] 24/5/2022 12:34

Dasty, you post on no other BB other than Kier's, a failing company that has lost 40 to 50% of value over the last year, and raised £800m+ through equity issues. Of course you don't see it because you are a paid ramper.

[dasty1] 24/5/2022 12:27

So, you are suggesting kier 'post administration debt' would also be c£7bn are you, if it came to that? I'm no expert at all on all the alleged accountancy tricks of the trade, so am genuinely interested in what you believe the true kier debt probably is. I have read past carillon reports (official and post administration), but still struggle to draw the conclusion you do, that kier today is in the same debt mess as carillon was then. I just don't see it.

[wallywoo] 24/5/2022 11:59

Lol dasty, no one but a paid ramper is that stupid!!


Carillion's last audited accounts Dec 2016 showed a net debt of £218m. Their post administration debt was listed as £7B. Just go to companies House and download yourself.


That in a nut shell is why you need to be careful here. No cash generation, exactly the same as Carillion.


They don't call this sector CON- struction, for nothing. 1 large company bust every 5 years on average since 1970!!!! Accounts all looked similar to Kier's, investors never learn (collapse is like a stack of cards).

[dasty1] 24/5/2022 11:37

Wally I have no problem you repeatedly referring to carillon as a, in your view, like for like comparison, but why do you never mention the £7bn debt carillon had? That is not like for like with Kier. £7bn debt would wipe out any company. Kier has, compared with carillon, a tiny debt level. So, in my view, an objective assessment is that the two are not like for like.