Kier Share Discussion Threads

[minerve] 03/12/2018 12:46

double

I know the intricacies of market mechanisms having founded a company that listed on the LSE. If you want to be on the list for the rights - guaranteed - you needed to buy Friday. If you want to leave investing to chance and the efficiences of your broker then continue.

What do you think 'record date' means?

[elcapital2018] 03/12/2018 12:42

I think this has a very good chance of going bankrupt. Its 50/50 for me now

[doubleorquits] 03/12/2018 12:40

Yes, with respect to rights, you were given about three/four hours trading! Quick decisions were needed. I bought Friday afternoon to increase my entitlement. Maybe this might see 409 without needing a right. Who knows?

Not true, Minerve. That was the record date. As azioni says above only goes ex rights on Wednesday morning. Broker may have to get the shares for you from whoever bought but your quick decision was not totally necessary.

As you say:

"Buying shares is gambling"

Only when you don't know what you are doing. Invest the time. Get to understand the business. There is no fast way to good investment..

One also needs to know a little about the intricacies of the market mechanisms.

[minerve] 03/12/2018 11:37

"Buying shares is gambling"

Only when you don't know what you are doing. Invest the time. Get to understand the business. There is no fast way to good investment.

[azioni2] 03/12/2018 11:36

Questions and answers section of official prospectus (from Kier website)

I buy Shares after the Record Date, will I be eligible to participate in the Rights
Issue?
If you bought Shares after the Record Date but prior to 8.00 a.m. on the Ex-Rights
Date, you may be eligible to participate in the Rights Issue.

If you are in any doubt,please consult your stockbroker,bank or other appropriate
financial adviser, or whoever arranged your share purchase,to ensure you claim your entitlement.

If you buy Shares on or after 8.00 a.m. on 5 December 2018, you will not be eligible
to participate in the Rights Issue in respect of those Shares.

[minerve] 03/12/2018 11:35

Yes, with respect to rights, you were given about three/four hours trading! Quick decisions were needed. I bought Friday afternoon to increase my entitlement. Maybe this might see 409 without needing a right. Who knows?

[wipo1] 03/12/2018 11:29

Buying shares is gambling

[marksp2011] 03/12/2018 11:27

no
date was last friday

[azioni2] 03/12/2018 11:18

Is the rights issue entitlement still available to investors buying shares prior to 5th December?

[minerve] 03/12/2018 11:06

zicopele

Investing is about the business. Not the market. You will learn hopefully. You have a lot to learn, that is for sure.

I haven't decided to filter you yet, but if you really have no value to add, even just as entertainment, I'll filter you shortly.

[gettingrichslow] 03/12/2018 10:47

400p soon. Lemmings only.

[zicopele] 03/12/2018 10:27

No...I think that no matter what you say about how much Kier is worth...you can sell only at the market price.

Looks like it is going for another very bad day after a mini suckers rally.

[minerve] 02/12/2018 23:32

zicopele

Here is the lesson: If you think the market is always right that implies you believe in the Efficient Market Theory. Time and time again this theory has been proven to be nonsense. The world's greatest investor doesn't believe the market is always right, in fact his mentor even suggested it was a manic depressive.

[minerve] 02/12/2018 23:06

zicopele

"The market is always right."

Oh dear. Lot to learn I see. You aren't experienced. That is obvious.

[zicopele] 02/12/2018 22:42

The market will find the right price for the share. The market is always right.

No point complaining about a mispriced share. If you believe Kier is mispriced, buy more tomorrow.

I would not touch kier at current price myself. It is run by oh so clever accountants...not an engineer in sight.

[gettingrichslow] 02/12/2018 22:28

Of course it raises the cost of capital, but the company has to make the first mistake to get a short attack i.e. not running a disciplined and prudent enough fiscal policy. They pay the price if they don't run a tight enough ship. And that benefits society because it reinforces the need for discipline in EVERY OTHER COMPANY! Simple really. But if you've only been in this game for 20 years you may not have understood that yet. You'll get there eventually...

[minerve] 02/12/2018 21:51

zicopele

Did I blame the short sellers for the debt position?

Answer: No, I didn't.

You must see though that shorting activity has raised Kier's cost of capital. Who benefits and is this good for society?

[zicopele] 02/12/2018 21:36

Kier will keep falling to circa £3.50 to reflect new dividend policy.

It may even go lower if that dividend can't be maintained.

No.point blaming short sellers for current debt position which had left Kier very vulnerable to any economic downturn.

[minerve] 02/12/2018 17:08

gettingrichslow 2 Dec '18 - 16:58 - 1174 of 1174 (Filtered)

[gettingrichslow] 02/12/2018 16:58

Was she smart enough to short Kier? Or did she go to a Poly too?

[minerve] 02/12/2018 15:37

Rattled, I don't think so. I've been preparing a room for my daughter coming back from Italy for Christmas. She is way smarter than you getting, and probably a 3rd of your age.

[gettingrichslow] 02/12/2018 13:26

Rattled? Full on meltdown!! 😂😂