Kier Share Discussion Threads

[ali47fish] 14/12/2018 15:07

i ve tried to see if i can sell my nil paid rights but i get a notification online that i cant trade-the broker is not sure and speculating that the market makers aresettingtherice / or stopped trading? anyone knows?

[gettingrichslow] 14/12/2018 14:31

Minerve, I don't think you've read Graham's post carefully enough. Read it again. He is pointing out a mis-pricing opportunity that you could have taken advantage of if you had spotted it. There is no hindsight involved. I've often looked for such mis-pricing opportunities and have noticed a few in the past but very rarely. Well spotted Graham!

[grahamburn] 14/12/2018 14:20

I know this won't help a decision today regarding the nil paid rights, but the trick was to sell those at the back end of last week when they had a little value (7 to 8p) and to buy the ordinaries in the market when they were over 20p less than the rights price. It was a very strange mis-pricing of both securities which gave some added benefit to the nimble footed. That's of course on the assumption that you wanted to add to your overall holding for the medium to long term.

[marksp2011] 14/12/2018 13:41

I bought 2k at 381 saving £560 on the rights price

[azioni2] 14/12/2018 12:44

Just checked my account with ii, it shows 1.25 and today is the last day to either buy or sell with them. After that is the lapsed value....if any!

[jeffian] 14/12/2018 11:29

My Hargreaves account is currently showing the Nil Paid Rights on a spread of 1.82/2p but I'm not sure if that is right. Whether you get anything for lapsed Rights depends what they get in the market on the day.

[azioni2] 14/12/2018 10:58

Is there any value attached to lapsed rights?

[ali47fish] 14/12/2018 10:13

and i havent bought in the market- given the cureent price i am minded to let ity lapse!

[nomdeplume] 12/12/2018 16:45

Quiet, isn't it. A good sign, I suspect.

[marksp2011] 12/12/2018 05:59

I bought the quantum of my rights in the market. I will let the NPs lapse

[marksp2011] 12/12/2018 05:57

Monty

With the short interest so high I doubt the CFD providers had a balanced book so it guess some of that short was actually sold in the market

[russ1983] 11/12/2018 22:22

Hi. I bought the same amount of shares I could get in the rights issue but myself in the marke/ at around 3.80 and therefore won't take up my rights unless we get a big rise now over the rights price of 4.09 by the deadline (which is unlikely at the moment)

[ali47fish] 11/12/2018 22:08

the real question with the rights issue is is it worth participaqting when the share price is lower than the RI quoted price-what do people here think/ intendto do

[arja] 11/12/2018 19:44

But sometimes more interesting to talk about B ! ( smile ) .
Good luckn with it and I tend to look for day trading opportunities nowadays when a stock is oversold in the day or overbought . Dow just picked up 250 in last hour but can move very quickly .

[essentialinvestor] 11/12/2018 19:44

Ian, without wishing to reference politics, if there is a leadership
challenge, lower levels open up for UK domestic economy stocks - rudimentary
take admittedly.

[jeffian] 11/12/2018 19:33

Good grief, arja, someone talking about Kier?!!! (The minute the 'B' word appeared I knew the thread would go horribly off topic).

I don't know whether or not it's a DCB but, rightly or wrongly, I picked up a few at 385 when it first dived below the RI price on the assumption that the RI would provide some sort of floor. Didn't exactly bet the farm but thought it might be worth a punt whilst sentiment in the sector is so low.

[arja] 11/12/2018 18:09

nice bounce but is it a dead cat one ! Dow off a bit since UK close !

[fangorn2] 11/12/2018 17:45

Bad to delay it imo

We all know unless it changes materially the vote will be the same tomorrow, next week, or 21st January. And delaying it means there is no overwhelming defeat - a defeat which would bolster May's hand, perversely , with EU.

"MP's must calm down and take Brexit more seriously."

They need to take the vote more seriously and accept it. Most haven't nor do they accept the Leave result"

"They will all talk themselves to a standstill"

They already have.
Hence the bad deal May has secured.

[careful] 11/12/2018 14:18

A good idea to delay vote.
MP's must calm down and take Brexit more seriously.
They will all talk themselves to a standstill.

[zicopele] 11/12/2018 13:52

Is this good or bad for the market?

[philanderer] 11/12/2018 13:46

Downing Street says delayed vote to be held before 21 January

Sky News

[gettingrichslow] 11/12/2018 11:21

You hope! 🐶🐶🐶

[minerve] 11/12/2018 10:29

You shouldn't be an investor if you expect the share price suddenly to rise after you bought. Only novices and idiots expect that. 12 month/18 month exercise at least and plenty of cash to buy more if I think it's appropriate. Of course, as the rights issue comes to a close, it will start to separate the long-termers from the short-termers and the liquidity should eventually start to tighten.