Kier Share Discussion Threads

[minerve 2] 13/5/2019 11:30

Waiting to see if any more issues stem from the review. Only 1/3 of my commitment has been used. When you build a position in a stock like this you need to expect that it will need to be done over 18month period - minimum.

Of course getting states it for lemmings but will obviously fail to deliver the rationale for the simple reason he is incapable. LOL

What do you think Woodford wants to do with this stock?

[brexitplus] 13/5/2019 11:27

Getting

I might be temped when it gets to 10p.

[gettingrichslow] 13/5/2019 11:25

I'm going to start building a holding when this drops sub-50p. This is strictly for lemmings.

[zicopele] 13/5/2019 11:14

You have stopped building a holding Minerve? I would have thought you would see this weakness as a unique buying opportunity.

[ltcm1] 12/5/2019 20:19

Wonder if 'TIMBER' will be witnessed on these pages???

[minerve 2] 11/5/2019 10:05

ltcm1

I've stopped building a holding for now but might start momentum trading if this goes lower. I will then start to use trailing stop-losses etc.. I don't do much of it nowadays only when good opportunities arise. It requires a hands-on approach and I've got quite a bit of tree felling and cutting to do with the chain and pole saw - good fun though.

[eriktherock] 11/5/2019 08:27

Group Overhead (Board & HR) unsustainable given current market cap.
Lean Construction ?
Vision 20/20 ?
Construction Operational hamstrung by SHEA (Safety, Health, Environment & whatever the @ 'A' stands for) processes in this process-driven Company.

[ltcm1] 10/5/2019 20:52

Minerve was that you averaging down again???

Or are yoy strapping your buying boots on to pick up more at 300???

[azioni2] 10/5/2019 15:45

Just for the record, the 3000 showing as a "SALE" is in fact a "BUY".
Let's hope Woodford eventually gets it right and the share price recovers soon.

[ltcm1] 09/5/2019 20:14

OK - point taken re build costs. But I do think the cost pressures are there.

Minerve 2 you were right about Burford so well done on that call.

[blueball] 09/5/2019 19:59

Terrible company 180p target for me.

[minerve 2] 09/5/2019 17:35

Anecdotal evidence....

[nomdeplume] 09/5/2019 15:25

Itcm1 - I suppose the most significant part of your post is: if true.

[porsche1945] 09/5/2019 15:07

Omg, trying to average down I guess, he doubled up on this cxxp at about 5.50 last Sep, the latest action in his suicide mission for his investors.

[ltcm1] 09/5/2019 13:10

Heard a guy who is building out a development of student flats, a change of use on an existing building, say that his building costs have gone up 50% in three years. I was shocked by that figure but if true you can see how difficult valuation has become with a company like Kier.

How many modular house are these guys currently building? If the property market slows even more they could have a horrendous cashflow problem if they are building in quantity. Modular houseing isn't a building process you can simply turn off.

[ltcm1] 08/5/2019 16:44

Woodford's added!!!

19.40% now.

[minerve 2] 07/5/2019 16:10

Second-hand Porsche for sure. LOL

[porsche1945] 07/5/2019 15:59

Much like Minerve

[zicopele] 07/5/2019 13:28

Kier is in terrible shape.

[gairich] 07/5/2019 12:35

Oh look down again :-D

[minerve 2] 07/5/2019 10:16

Good luck Danny.

[danny baker] 07/5/2019 10:10

I'm relieved that I exited last week at around 377p average price. I feel KIE's now too risky with potential provisions against losses on discontinued operations outweighing any good news on contract awards. Medium term I think it will be ok but I can see the share price dropping to 320p over the next few weeks and Woodford not having the funds to increase his holding. I'm out of GFRD too now but would look to buy again at £5 for a trade.