Why is the market punishing good quality companies like Kie and Klr. It seems the only construction co whose sp is holding up is Bby,and its the one that has had serious financial problems recently.Clln,Kie and Klr are all down for no reasons at all.
Find it a bit strange that people don't know the ex-dividend date. I have to watch my broker all the time to make sure I get the dividends I am entitled to. Obvioulsy the Kier price would fall by 36p first thing this morning, and then fall around half as much again as all the dividend collectors sell out and buy into next weeks ex-dividend companies. Tried that myself, and you almost always lose out, but it can be worthwhile if you are trying to keep just below the CGT limit. Not that many will be in that position this year.
I couldnt agree more with you,but all the construction companies are down for no fundamental reasons.Clln and Kie have so much work to do and they both have a very healthy balance sheet.And yet they are both down 20% from recent highs.I think at this level,1350 or under KIE is a bargain!
i read these results as being positive yet here we have an inevitable fall which seems way overdone to me. Is it the reduction in Divi which has triggered this or simply another example of the market being brutal and not always rational?
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