We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Yippeee! back in the 70s !
Heavier volume being traded in Kier shares so far today. The results seem to be sinking in. This company is at three times earnings. The shares should be on a par with peers morgan sindall. Kier is winning more contracts than MGNS.
Galliford Try, similar sized to Kier (construction only, excluding civils/property etc) announced a forward order book of £3.5b. Kier today announced it's forward order book (all sectors) of over £10b
The foundations are in, they just now need to see it through.
Hmm, this share about as inspirational as it's political namesake! :)
Still, just like Starmer I think we could be on to a winner here in a year or two's time.
Fingers crossed for 3 figures and a regular resumption of divi medium term!
No skeletons in the cupboard! This stock is really a recovery play now. It's been a rough ride over the past few years but with the current status of the company this stock can only be view as a compelling buy for future growth and profit compared to it's peers.
Well I am holding and hoping good luck to you
After all the turmoil of recent years, things are positively boring. Feels like a juggernaut has completed it's turn and now starting to move in the right direction. Good long-term hold.
Just feed up with this stock it should be doing better then this don’t you agree
Thanks Saxman for that cutting edge analysis.
This company a dog the board of directors are a joke
There's been disappointment recently in past Trading Updates, but given the success in contract wins and the period of several years that the company has pulled itself out of a very deep hole we really should be able to expect fairly decent figures which hopefully will reflect on the SP?
4 million pound fine for repeatedly hitting national grid power lines, carnies will be carnies..
Who loves them?
Way undervalued and mark this post!
I just wish they introduce a dividend as market leader
That's great news, but they have to be profitable! Let's hope they can turn these contracts into cash.
https://www.constructionenquirer.com/2023/01/09/kier-crowned-2022-contracts-league-champion/
Second place was over £1b lower!
Minor buys - could it be staff buys on any Company updates made internally - is the outlook more rosey? ahead of any 19th Jan statement?
Here is hoping that 2023 see's a steady but decent rise in share price. Not going to set targets but I would like to see a decent rise for KIE. Continued good luck to all on this board be you investors, potential investors or those just watching. Good luck and success to one and all. Per ardua ad astra!!!! Rgds Saintly
@bigpunt
Sorry for my lack of clarity there, what I meant was that from an investment POV the dividend income we shareholders could potentially receive - especially with good averages (cost per share average) - will make a long-term (now more mid-term) investment worth it, as it won’t take nearly as long in comparison to other shares to recoup the initial investment over a few years of dividends (and that’s not taking into account the capital increase on top)
Re your profit & cash statement:
Tbh, it’s better than not making any profits, still losing cash, and forcing shareholders for handouts (unless you accept dilution). Which was the position not that long ago...
Anyways, I guess we’ll have to wait and see what time has in store for us!
GLA DYOR
The Kier Group Share Incentive Plan - LOL more RNS's for freebie shares than for anything you'll ever see as regards profitable contracts.
https://www.londonstockexchange.com/news-article/KIE/director-pdmr-shareholding/15766678
Hans, not paying a dividend is not a working capital inflow. The trouble with Kier is they recognise profit while their cash position goes down. Cash and the relationship to WIP is the acid test of a contracting business
@snoopnobby
That is probably because they already own 91% of the business
(Top 25 own ~80%)
You can see a useful breakdown of whom they are here:
https://simplywall.st/stocks/gb/capital-goods/lse-kie/kier-group-shares/ownership
Re “when’s the next big announcement”:
There’s the trading update on the 19th Jan then the Half-Year report on the 9th March coming up
But tbh personally I wouldn’t set my hopes high here considering the recent trading update shared in November, but we’ll have to see what the one in Jan brings
(https://www.kier.co.uk/investors/shareholder-information-general-meetings/financial-calendar/)
Re ‘dividend’:
I personally wouldn’t expect anything here until at least 2024, maybe even into 2025
But when they do come back - aside from the obvious, the boost from the extra capital inflow will exponentially make this worth it in my opinion
In an overall sense the worst is behind Kier, and now we are no longer waiting for an if but a when
GLA DYOR
Still scratching your head I see?
No real big buys coming in from institutional investors; all PI trades........ what's going on and when's the next big announcement? Sustainable dividend mentioned but no mention as to when this will be paid out...... is that why the institutions are holding off? Or trying to force the price down further?
Lovely trades this morning.............
Lol, 231 trades