Kier Share Discussion Threads

[wallywoo] 28/6/2022 12:23

You have a fund manager selling out when the share price is near a all time low and another one a few days ago.


And you accuse me of spin?

(Meant Aviva BTW)


Have no need to, the evidence is all there to see. It's time to wake up and see what's going on. BB posters ridiculously bullish when a share price is on a long down trend. A company that has generated no cash for 6+ years, a construction industry with unprecedented supply issues and massive inflation. Builders going bust at their highest rate ever. Wake up!!!! There's no light at the end of this tunnel.

[ppreston1] 28/6/2022 11:12

Wally - that's not true. Pendal took an initial 5% stake on 1st February 2022. They didn't reduce to below 5%. Check out the RNS. Why the spin?

[zicopele] 28/6/2022 11:08

As I said before Wally, this work is won at your standard 2% margin.

[wallywoo] 28/6/2022 10:04

Lol, Ham!!! Well at least you are trying I suppose.


So you, as a astute business man thinks that a 50/50 jv means 1 party put in all the money??? Really!!!


Yet another RNS with a fund manager selling Kier shares.


If this is such a great investment why are they all selling up?? Jupiter, Aberdeen, Pendle all selling in the last few months (most less than 5%, so they can sell without notification now)


Please any PI's reading this rubbish, note that the paid bull posters on this BB are getting increasingly desperate. They are spinning good news with complete made up rubbish.


Let the share price tell you what's really happening here. Drip Drip, crash!!!!

[hamhamham1] 28/6/2022 06:04

Do you understand the meaning of a '50/50 joint venture'?
It means both Lloyds and Kier will jointly own the properties once completed.
Lloyds will be putting most the cash in and Kier will be doing the construction.
But you miss the point, it's a 50/50 joint venture, so later rents with be split, as will any profit from any sales of the jointly owned assets.

"The five-year deal, worth £80m on a 50:50 joint basis, will focus on residential developments in urban brownfield sites, at first across the South East of England.
Kier Property’s partnership with social impact investor Housing Growth Partnership aims to acquire sites with or without full planning permission and target building 2,000 homes for sale and rent by 2027."


"The partnership between Kier Property and Housing Growth Partnership (HGP) is a five-year deal with a 50/50 split."

[zicopele] 27/6/2022 19:33

All that work is secured at 2% margin....if they are lucky.

Then once in a while a big whale of a loss comes, The latest big whale is the telecoms contracts.

A £20m loss on telecoms needs £1bn of good clean profitable turnover to recover from.

Bad times ahead at Kier, I am afraid and the share price reflects this.

[hamhamham1] 27/6/2022 18:47

JV link


And Lloyds want to get to 50,000 homes.

[eriktherock] 27/6/2022 18:46

Yeah, I hope you prosper hamham. As you say "Time will tell".

[hamhamham1] 27/6/2022 18:41

Anyway, let's see in a couple of years.
Time will tell.

[hamhamham1] 27/6/2022 18:40

Kier are doing a 50/50 build and rent portfolio build out with Lloyds Bank, 2000 rentals initially. Lloyds has buckets of cash. This will create assets (with increasing values) and another steady income stream. Happy holder here.

[eriktherock] 27/6/2022 17:51

If Kier have retained their Homes Division then you might be ok. If they've sold it then you're a fool to be a happy holder.

[hamhamham1] 27/6/2022 17:47

HAPPY HOLDER, YEAH, YEAH, YEAH!!!

[hamhamham1] 27/6/2022 17:45

I am happy holder here, shout it from the hills.
In a couple of years these will be a couple of quid IMO, time will tell, keep it up :)

[hamhamham1] 27/6/2022 17:43

Jeez, you guys remind me of the Chuckle brothers.
Enjoying yerselves there lads?

[zicopele] 27/6/2022 16:08

Wally...where will the current decline take us? It is certainly probing the downside at the moment.

The high 50s must be in sight.

[zicopele] 27/6/2022 15:43

Looks ominous indeed. Well below issue price of the latest emergency rights issue.

Could it hit a new low?

[wallywoo] 27/6/2022 14:54

The share price chart looks similar to LAM just before their big fall. No certainly of course, but I would be nervous holding Kier stock now.

[zicopele] 27/6/2022 12:15

He is doing a classic Steddy. Any mention of bad contracts must be quickly pushed into the background by a series of pointless posts relating to contract wins.

There will be no cash generated this half except for that withheld from suppliers who wont be paid in time.

Those bad telecoms jobs will consume cash.

[wallywoo] 27/6/2022 10:34

Have you taken over the reigns from Stdy? Posting pointless contract wins. You do know that contract wins have been posted for years on here. Where actual revenue has fallen, over 800 percent more shares issued, £836m cash raised but no balance sheet strength improvement. Be very careful now imo, the auditors are in with year end just a few days away. With a huge number of shares in issue, any profit warning would be devastating to the share price .

[zicopele] 25/6/2022 16:56

Back to their old trick of not paying suppliers for a month before year end so that cash on balance sheet reassures on accounts.

Not good ....but then again those telecoms contracts have really burned a lot of money...tens of millions.

[hamhamham1] 25/6/2022 12:09

So if for starters there are 2000 homes, and it's a 50/50 jv.
Then say kiers share is 1000 homes, at say £1000 a month, then that's a million quid a month, once build costs offset, nice little income.
And that's just the start, plus they also doing similar elsewhere in industrial units I believe.

[hamhamham1] 25/6/2022 12:06

Oh, didnt realise already posted, doh, apologies :)

[hamhamham1] 25/6/2022 12:04

"Kier Property has formed a joint venture with Housing Growth Partnership to develop residential sites across the UK.

The five-year deal, worth £80m on a 50:50 joint basis, will focus on residential developments on urban brownfield sites, initially in southeast England.

The partnership will acquire sites with or without full planning permission and aims to build 2,000 homes for sale and rental by 2027."