Kier Share Discussion Threads

[marksp2011] 27/5/2022 06:30

Styeddy

The issue is that it is "construction"

"Profit" is an accounting remainder and is meaningless. The only things that matter are

FCF
Cash conversion rate
Margin
ROCE

and those are the things Kier is struggling with

[wallywoo] 26/5/2022 21:25

So a share goes steadily down for 15 years, issuing over 800 percent more shares in the meantime and you think pi's who think this is a dog share should be quiet??


Lol, I know it is not popular to point out the failings here but surely it's better than losing money??


Kier will go up for a day or 2. However, I have no doubt they are still losing cash (if they were cash flow positive they would of sung it loudly, rather than the usual not mentioning it). With a massive number of shares and cash flowing out the share price is going down until there's a change. IF EVER!


Sad really, it is not personal Kier is just a terrible investment.

[stdyeddy] 26/5/2022 16:09

itsonly... thanks for the link yesterday.
5% spike today is looking good on the monthly chart. Let's see if it continues tomorrow.

[ppreston1] 26/5/2022 14:42

Bit slow coming but I think we finally have take off. The doom crew might want to close their eyes for this part.

[bathboy2] 26/5/2022 04:46

Just read capital markets day presentation, all very glossy, but the numbers dont look great, no wonder the share price fell back

[bathboy2] 25/5/2022 17:27

Other construction firms have large order books/pipelines of work, but as you say kier has yet to prove it can turn it into ongoing profitable stable numbers, for the future, i think it will have to when the numbers come out that it is at the 3.5%, margins, if not i think it will languish, and the markets will not be impressed

[itisonlymoney] 25/5/2022 15:35

very good description of the company and its differentiaotrs. Among construction firms kier looks underpriced - impressive portfolios. investors will need to see whether it can hit money targets in a few weeks tho.

[itisonlymoney] 25/5/2022 15:10

eddy, cmd presentation is here -
hxxps://www.kier.co.uk/media/8023/capital-markets-day.pdf

[stdyeddy] 25/5/2022 13:19

Unfortunately for you wolly, you've told so many lies on here and for so long, that it's not possible to believe ANYTHING that you write. You won't be able to convince me that you're anything other than a fraud and a failure. Save your words for people who don't know you.

Regarding Kier, evidently the 'capital markets day' is not getting anyone excited. The fact that it's now mid-afternoon and they still haven't put whatever wonderful presentation that they produced up on the website is probably not helping. AD's team has always been a bit weak on timing and detail. Am not impressed.

[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.