Kier Share Discussion Threads

[thaiger] 12/5/2015 11:07

It's the effect of 5 for 7 Right Issue @ 858

[burkedavid] 09/4/2015 09:09

Any reason for slide here? Dividend looks good here

[mike740] 13/2/2015 13:35

Westhouse Securities Reiterates “Buy” Rating for Kier Group plc (KIE)
February 11th, 2015 • (updated 13/02/2015)

Kier Group plc (LON:KIE)‘s stock had its “buy” rating reissued by research analysts at Westhouse Securities in a report released on Wednesday. They currently have a GBX 2,110 ($32.15) price objective on the stock. Westhouse Securities’ target price suggests a potential upside of 28.82% from the stock’s previous close.

Kier Group plc (LON:KIE) traded down 0.67% during mid-day trading on Wednesday, hitting GBX 1637.9999. The stock had a trading volume of 111,480 shares. Kier Group plc has a 1-year low of GBX 1374.00 and a 1-year high of GBX 1903.0001. The stock’s 50-day moving average is GBX 1551. and its 200-day moving average is GBX 1571.. The company’s market cap is £893.2 million.

A number of other analysts have also recently weighed in on KIE. Analysts at Liberum Capital reiterated a “buy” rating on shares of Kier Group plc in a research note on Friday, February 6th. Analysts at Jefferies Group reiterated a “buy” rating and set a GBX 1,770 ($26.97) price target on shares of Kier Group plc in a research note on Friday, January 23rd. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating and set a GBX 2,125 ($32.38) price target on shares of Kier Group plc in a research note on Thursday, December 4th. Nine investment analysts have rated the stock with a buy rating, Kier Group plc presently has a consensus rating of “Buy” and an average price target of GBX 1,983.75 ($30.23).

Kier Group plc is a construction, services and property group specializing in building and civil engineering, support services, commercial property development and structured property financing and private housing. The Company’s segments include construction, services, property and homes. In April 2012, it acquired certain construction operations of Stewart Milne.

[mike740] 13/2/2015 11:06

Kier Group wins £177m worth of contracts

Fri 13 February 2015 08:19 | A A A
Kier Group has scored £177m worth of contracts including the redevelopment of Birmingham Women's Hospital and a new emergency and paediatrics wing at Scarborough Hospital in York.

The company will help construct a new build clinical block and refurbishment of the existing Birmingham Women's Hospital for the Birmingham Women's NHS Trust under a £63m deal.

The £26m contract for the Scarborough Hospital extends Kier's work with The York Teaching Hospital NHS Foundation Trust, which has seen more than 20 individual projects completed over the last nine years.

The group has also secured a £33m for the highway scheme for the A30 by Cornwall Council.

A five-year extension to the existing repairs and maintenance contract with Barnsley Council covering 9,000 homes has also been awarded for £55m.

[mike740] 13/2/2015 11:05

Get back to MAM. wink

[mike740] 13/2/2015 08:04

New contract wins.......

For release at 0700 hours 13 February 2015



KIER GROUP PLC
Kier secures new contracts worth £177m

Kier Group plc ("Kier"), the leading property, residential, construction and services group, today announces the following contract awards in its Construction and Services divisions. In the Construction division, new awards under the Procure 21+ framework have been awarded totalling £89m. These awards further extend Kier's position as one of the UK's leading building providers to the health sector. The contracts include:

· The £63m redevelopment of Birmingham Women's Hospital for the Birmingham Women's NHS Trust. This will include a new build clinical block and refurbishment of the existing hospital building; and
· A £26m new emergency and paediatrics wing at Scarborough Hospital for The York Teaching Hospital NHS Foundation Trust. This further extends Kier's work with the Trust which has seen over twenty individual projects completed over the last nine years.

In addition, a new £33m highways improvement scheme for the A30 by Cornwall Council has been awarded to Kier's infrastructure business. The project will be part-funded and delivered by the Council in conjunction with the Highways Agency. Work will begin in March 2015 and is expected to be completed in 2017.

Within the Services housing maintenance business, a five-year extension to the existing repairs and maintenance contract with Barnsley Council covering 9,000 homes, has been awarded. The contract extension is valued at £55m over the period.

Commenting on today's announcements, Haydn Mursell, chief executive of Kier, said: "Once again we are delighted to win work through the Procure 21+ framework. With over £1.3bn of contracts secured by the Group from this framework over the last decade, we are pleased to maintain a level of quality and service which our customers continue to recognise."

"With our increased capability and focus on key market sectors, the award of the A30 contract reflects our increasing presence in the highways sector working for both local authorities and the Highways Agency. The extension of the Barnsley housing maintenance contract further consolidates Kier's strong profile in south Yorkshire."


-ENDS-


Contacts:

Faeth Birch/Daniela Fleischmann (Finsbury): [phone]

[qs99] 27/1/2015 16:09

Looks slightly overbought IMO as near broker target price at £17 without any upgrades....not surprised for sell off today, will look to buy back at next consolidation level hopefully....still a fan

[jeffcranbounre] 19/1/2015 19:11

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[cockneyrebel] 11/12/2014 10:51

LONDON--Construction services company Kier Group PLC (KIE.LN) said Thursday that it has secured two new council partnership agreements in England.
The company has been recommended as the preferred bidder for a major new 400 million pounds ($627.32 million) 10-year strategic property partnership with Staffordshire County Council and the Police and Crime Commissioner for Staffordshire.
The joint venture will commence in April 2015, with a potential five-year extension and an estimated value to Kier of GBP40 million per annum.
The company's joint venture with WSP has been separately awarded a GBP200 million four-year extension of an existing highways services contract with the local county council of Northamptonshire.
Shares of Kier at 1043 GMT trading 1.1% higher at 1439 pence.

[cockneyrebel] 11/12/2014 10:51

Bottoming on a long term support line? High volume yesterday:


free stock charts from uk.advfn.com


CR

[ygor706] 21/11/2014 10:05

Pushed by Tip TV yesterday so this one will probably fly today.

[deadly] 12/11/2014 10:56

No recovery even after the good IMS.
At this level it's looking good value. From IMS:

The Construction and Services order books continue to improve to £6.3bn (June: 2014: £6.2bn), representing more than 95% of forecast revenue for 2015 and an encouraging pipeline for 2016.

[redbull6] 07/11/2014 10:15

Price is drifting on no news, temporarily out of favour, starting to look like an opportunity to buy in for good divi. and good long term prospects

[whoneedslottery2] 16/9/2014 20:24

Looking forward to the results this week, dividend and future outlook

[baxter99] 05/8/2014 13:18

Thanks for the clarification.

[grahamburn] 05/8/2014 10:24

baxter99. Just to clarify..... the "My Advice" was not my OWN advice; it was a direct quote from Tempus. I think Tempus actually did mean that the company and its management are highly rated (making the shares popular amongst analysts etc), but can't go back to the whole article now.

[bigman] 05/8/2014 08:25

Looking to buy should we dip a bit further,

[baxter99] 05/8/2014 07:55

Graham - when you say "shares highly valued" I presume you mean highly priced rather than much sought after? Anyway, another favourable RNS this morning

[grahamburn] 03/7/2014 11:49

Tempus in The Times today has this final advice on Kier (obviously cannot post the whole article), though it does say that the new Chief Executive is targeting double digit compound growth over the next five years:

MY ADVICE Fully priced WHY Growth plans ambitious but shares highly valued

[speedsgh] 15/11/2012 11:29

Doesn't look too bad considering the wider picture in the sectors in which they operate. I note that the dividend was maintained throughout the initial crunch. Hopefully it can be maintained from the current level, even if div growth is likely to be pretty anaemic.



INTERIM MANAGEMENT STATEMENT

Outlook

With our healthy order books and solid balance sheet, combined with our integrated, well-balanced business model, our trading performance will be in line with our expectations for the current financial year.

We are experiencing a good level of bidding activity across the Group, however today's trading environment remains difficult with little sign of improvement in the UK construction market. In light of this we are conducting a further review of our construction operations to ensure we remain as efficient as possible.

[skinny] 09/8/2012 07:10

A consortium comprising Kier Project Investment, Equitix Holdings, Galliford Try Investments and John Graham Holdings (to be known as "The Alliance Community Partnerships") has been named as the preferred bidder for a new infrastructure hub in south-west Scotland to deliver over £500 million of public sector projects on behalf of The South West Territory Programme Board (in conjunction with the Scottish Futures Trust).

The Alliance Community Partnerships will deliver projects for 18 public sector bodies across Ayrshire, Dumfries & Galloway and Lanarkshire over ten years. The projects will include non-acute health, education, community and local authority-related work. Financial close is expected to take place in October 2012.

The programme of works forms part of the wider Hub programme, valued at over £1.4 billion.

Kier Group chief executive, Paul Sheffield, commented: "Kier has an excellent track record in project delivery within the public sector and brings a wealth of experience to the consortium. We look forward to working as part of The Alliance Community Partnerships team in delivering much-needed facilities for the local communities of south-west Scotland and adding value for them throughout the process."


Ends

[whoneedslottery2] 23/6/2012 11:29

Should be a Trading Update this week, like last year?

[yam114] 19/6/2012 14:02

starting to look good again as anyone heard anything about Kier recently?