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I love my new lover KIER Baby
buy you low
make good money
no regret
come on baby
going high soon
KIER
my old lady gone
I left her
she crazy
now I love you KIER
don't let me down
you my lover now
look after me
buy you low
HAhaha
good Kier
down down down
i buy buy buy
The more you drop
the more w bought
dare to drop more
dare w buy more
KIER shame you are
high high in the sky
come on KIER my baby
flying now
buy in low
no waiting
no guilty
w want see blue sky
buy low sell high
KIER cheap cheap cheap
Silly Kier
burnt burnt so many investors
better flying now
waiting too long already
Buy in low
buy in low
last week i bought metro £1 today £114
i bet today i buy KIER 84p
after next week above £1
good bargain
good benefit
good KIER
come on
you can go higher
don't just waiting for nothing
Wyndrum it must be a hard life going trough life as such a negative nancy ;-)
2 things transformer, Brokers forecasts are not worth the ink in the pen they use. I'm not sure why you think the drop was overdone? It has gone back to its typical mid low 80's range. (It went up previously to test 100p because people were hoping for a better update.) It all, imo , now hinges around the level of the sale of KL. But when will that be? how much will that be? I don't know you and neither do you, which makes the statement "...worst is now definitely behind for Kier Group" difficult to justify. But as always, its all about opinions. GLA
KIE SP drop since yesterday is way too overdone and personally, I'm of same opinion as the broker consensus and now see KIE SP moving overtime towards the Peel hunt 200 PT with future news flows, IMO, worst is now definitely behind for Kier Group.
Thanks for the reply Dandy . My concern is that the £7b order book at 2.5% profit margin = £175m and that's not all coming in, in 1 year.....an RI looks inevitable and that's why it was mooted albeit as a potential exercise, in this update. I think its absolutely nailed on. Given Kier has a market cap of about £140m and a valuation of KL at £125m (which is optimistic right now) I think 1:1 is the minimum. Like I said I think its a bumpy ride ahead...
wyndrum, I also believe that a RI here will eventually not happen and the KL sale will proceed in a positive manner, however to answer your question on the potential ratio of such a RI it it were to happen then IMHO, it will be 1-1.
IMO, RI is only a back up in case a good price cannot be obtained for KL, personally, I'm very optimistic that this back up plan will not be required and KL sale will progress accordingly.
Dandy, I am glad you considered a RI, when do think it will happen and what ratio will it be (ie 1-1, 2-1 etc)?
wyndrum, I fully disagree, personally in the back of my mind I was always prepared for a RI, particularly, post the outbreak of Covid-19 and I'm surprised that you only noticed this possibility post a footnote in the RNS; KIE SP today has this and even a now very much unlikely bankruptcy potential all priced in (and more), hence IMO, even a whiff of positive news on KL or anything else here will have the SP surge to new highs, and I certainly see KIE as a very sound long term investment IMO, please DYOR.
Dandy, I have no idea how you can come to any of those conclusions. When has a RI even been mentioned before today let alone priced in? The debt has increased in 6 months by £100m! Bk Covenants have been waived because otherwise they would have been broken! This was not a great update. It was clearly just about ok, but It could have been better.
wyndrum, Post this RNS update, I'm personally extremely confident that particularly in today's environment there is now no chance of Kier Group going bust and also if there is a RI, again in this historically ultra low interest rate environment where infrastructure spending is key government policy, I see the KIE SP significantly rising soon after any successful RI (which I believe it will be successful, and a potential RI is already 90% priced in although, I only see a 40% probability of it happening), all IMOO.
dandelion, the very worst scenario is it goes bust, the 2nd to worst scenario is a 1-1 RI. So, no, not every possible pessimistic scenario is priced in. both are very possible however, currently the market thinks it unlikely, but that can change. This is still a high risk stock
IMO, every possible pessimistic scenario is already well priced in here and as a result, KIE SP is now trading very much below fair value, an upward market move/correction is now highly likely and sooner than most presently expect.
https://www.thearmchairtrader.com/is-kier-group-a-turnaround-play-on-uk-construction/
Also see today as market overreaction here which is not unusual, easy to forget the huge and now confirmed infrastructure spending currently in the works to help revive the UK economy post Covid Pandemic; KIE is additionally also good defensive play and being presently much undervalues has massive potential going forward IMHO.
Agreed, and just topped up here utilising today's dip which IMHO will be short lived.
wouldn't disagree M4L - plus, for those who believe in such sorts - bit gap to fill up to 96p