Kier Share Discussion Threads

[zicopele] 18/8/2017 10:01

M Nicholas purchase is the latest attempt at expanding the infrastructure side of the business. They tried organic growth but that failed and then purchased May Gurney which had prepared itself for sale by getting a lovely looking order book but with negative margins.

Now that this has failed they buy yet another small infrastructure company...This time M Nicholas who have never really been able to become a tier contractor.

Hopefully if this one fails we won't have a regional.MD carry the can as was the case with the May Gurney disaster.

[philanderer] 16/8/2017 08:41

Read across from BBY ?

[philanderer] 15/8/2017 20:57

15/08/2017

Kier has joined forces with BBC DIY SOS and local contractors to build a much-needed support centre for Swansea-based charity The Roots Foundation Wales, which offers support to children and young people in care or leaving care, and will air during BBC Children in Need Appeal week in November.

[philanderer] 15/8/2017 12:27

Kier pushes on with Watford industrial JV

[philanderer] 11/8/2017 00:23

Kier buys into Birmingham with £35m office deal

[philanderer] 07/8/2017 10:11

Construction faces tough 2018 as forecast downgraded

[philanderer] 02/8/2017 12:09

Construction slumps as businesses refuse to commit to big new projects





Sharecast:

Though the decline was only modest, the fall in levels of commercial work was at the fastest pace for a year, with a number of survey respondents cited delays in decision making by clients linked to worries about the economic outlook and heightened political uncertainty.

Residential building remained the strongest performing category of activity in July, though saw the slowest growth for three months, with only civil engineering seeing an upturn in output growth in July.

Supply chain pressures remained intense, reflecting low stocks among vendors, and materials prices continued to rise at pace.

Howard Archer, chief economic advisor to the EY ITEM Club, said: "This is a disappointing survey across the board, pointing to the construction sector being hit by increased client caution amid heightened economic and political uncertainties."

[philanderer] 01/8/2017 16:07

As part of its new Greener Living campaign, which launches today, Kier Living, part of the Kier Group, has partnered with Forest Carbon, a company leading the way in voluntary carbon woodland creation in the UK, and has committed to planting 45,000 new trees by 2020 to offset its carbon usage

article:

[philanderer] 28/7/2017 13:50

'Crossrail contractors fined £1 million over worker's death'


The three men had been working for Bam Ferrovial Kier (BFK), a venture made up of three companies, who later pleaded guilty to health and safety breaches at Southwark Crown Court.

In the other incidents, Alex Vizitiu suffered head and hip injuries after being hit by pressurised water and concrete debris, while Terence Hughes suffered leg fractures having been struck by an excavator.

On all three occasions, BFK was found to have failed to enforce exclusion zones which would have helped protect workers from foreseeable harm.

The three contractors were fined £300,000 in relation to the death of Mr Tkacik, £600,000 and £165,000 over the injuries to Mr Hughes and Mr Vizitiu respectively.

A Health and Safety Executive spokesperson said: “The omission to implement exclusion zones in a high hazard environment was a consistent failure in this case.

"Had simple measures such as these been taken, all three incidents could have been prevented, and Renè Tkáčik may not have died."

The new Crossrail railway line, which runs from Reading in Berkshire through central London, will open in December 2018.

[philanderer] 26/7/2017 21:05

Kier Group plc‏Verified account @kiergroup 5 hours ago

Great to hear we're shortlisted at National Transport Awards for our A38 Gravelly Hill project - full shortlist here ...

[philanderer] 26/7/2017 14:35

:-)

A team that includes Curtins and Kier is bringing a record-breaking Lego bridge to Liverpool

[philanderer] 17/7/2017 14:49

JohnsonMowat‏ @JohnsonMowat 48 minutes ago

Decision Notice for Reserved Matters submission (225 dwellings) at Stokesley received @KierProperty @kiergroup @kierconstruct get building!!

[philanderer] 17/7/2017 14:47

Kier Group plc‏Verified account @kiergroup 3 hours ago

We're extremely pleased to have been awarded £1.4bn of #HS2 projects.

Read more here :

[philanderer] 17/7/2017 13:43

Liberum reiterating 'buy' this morning

[philanderer] 16/7/2017 09:29

Carillion could also try to woo rivals Balfour Beatty and Kier, who compete with Carillion on construction work, to launch rescue takeover bids. However, both have ruled out a deal for now.

Mike van Dulken, analyst at Accendo Markets suggested that without serious financial intervention, the company could sink without a trace.

Sunday Telegraph

[philanderer] 14/7/2017 09:01

Good start to the day.

[zicopele] 14/7/2017 01:01

Everyone gossips in the construction industry. The Mersey Gateway scheme is in particularly poor state with very significant losses being incurred by Kier. Are these losses being reported is a question which is worth asking.

Add to that the disaster which was the May Gurney purchase and what we have here is a house of cards. Almost every contract on May Gurney was a disaster with extremely heavy losses on rail and highways. Kier bought a pup.

[philanderer] 13/7/2017 21:27

Some background..

'McNicholas: From family firm to Kier Group'





'Two 5%+ yielders that could make you stinking rich'

CAL and KIE

[cwa1] 13/7/2017 18:15

Hi

Been available since 7am today:-

[shauney2] 13/7/2017 15:40

Nice find there phil.It does look a good fit.No RNS yet though.

Good to see there is not much short interest here in the wake of CLLN.A good recent update but i guess this will tread water until the results.

[philanderer] 13/7/2017 14:01

They've bought a good one here.

'Kier swoops for utilities services firm McNicholas'

[grahamburn] 13/7/2017 09:04

zicopele.

May one ask where you have seen both the specific information and the general broad brush negative issues?

[ed 123] 12/7/2017 23:07

This is what they are telling the market ....

[zicopele] 12/7/2017 21:53

Kier is losing very heavily on rail jobs.

The Mersey gateway scheme is a disaster, could be as much as £70m loss. Highways schemes all in difficulty.

Virtually every job in infrastructure is cash negative.

I wonder what they are telling the market about these schemes.