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Drop overdone. Should be back to 750p today
25% drop in share price following results to 4 year low. There was a profit warning, EPS is down slightly, but divi is still well covered and outlook is good. Think this is overdone.
I quite like Keller at the moment. My reasoning is that governments in several countries including the U.K are about to spend more money on infrastructure. This then needs foundations where Keller is the market leader. Worth holding through the autumn perhaps.
20% fall in 2 days on the back of what i thought was a reasonably to very good trading report for me is too much and not justified. So once again a good buying level at around the 850 mark.
This could be very tricky the next few days.Klr is considered one of the safest midcap in the uk market but i could see the sp dropping to 850 or even less as we get closer to the voting day.Hold your nerves people ,its going to be a very bumpy ride but there are some great buying options out there!
The Brexit issue is clearly affecting all the construction/infrastructure companies among which KLR.I think KLR might fall to the 770-780 level soon,which may be another buying chance!
The biggest of the three companies that I hold which reported today, and steadier then the other two, but this looks a decent result, Anyone not pleased with these results?
I continue to hold Keller and at least will qualify for the dividend later in March. I still think it's under-valued and missed because it's not producing anything exciting. Technically the recent bear trend has broken and the shares should at least be stable or rise from hereon. I don't think they are that exposed to oil, they do foundations for all kinds of projects and could benefit from flood defences.
The sp has broken through the 8 mark ,so should keep the upward momentum going.!
Its good that somebody else bar me thinks its a good buying chance right now,I fear we could still go lower but as i am a long term holder ,i think its worth the risk.Kie looks so tempting too !
I completely agree. This is panic irrational selling of everything, driven by oil deflation. Great time to buy construction companies like KLR, CLLN, AHT and the house-builders etc. These companies will have lower fuel costs, and on the whole have good pipelines of projects running into the near future, giving security of results. I don't buy into "the world's ending scenario". Stuff is still being built, why not own the companies who build it, especially if you can pick the ones with dividends like KLR. Just wish I had some cash and wasn't already a holder.
All the construction companies are being hammered today,down average 5%.Keller has lost almost 20% in 2 weeks. Any opinions anybody.I personally see it as a good time to accumulate !
today for 2016
Very good gains today so far.Lets hope the momentum upwards stays!
Thanks Mick, for your thorough analysis, as always. Technically, Keller looks interesting today, being right on the cusp of breaking the 3 month downtrend.
KLR Keller Group PLC <b><i>Fundies showing...... 1.Forward P/E of just 8.5 to 2016, which is far lower than the sector average. 2.Forward EPS estimate for 2016 of 11.56% which i think is very conservative given that the US is recovering and I expect at least a figure of 15% or more. 3.PEG of 0.74 to 2016 which shows the company as still healthy growth.</b></i> Keller Group PLC FORECASTS 2015 2016 Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Peel Hunt LLP 26-11-15 BUY 96.04 91.07 26.50 107.04 99.61 28.50 Investec Securities 17-11-15 BUY 95.70 83.65 26.47 104.00 91.13 27.78 Numis Securities Ltd 04-08-15 ADD 95.00 85.60 27.70 106.10 95.50 29.90 Westhouse Securities 09-10-14 BUY 2015 2016 Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) Consensus 95.87 85.60 26.48 106.10 95.50 28.15 1 Month Change 0.17 1.12 -1.10 -2.30 0.22 -1.75 3 Month Change 0.48 1.09 -1.10 -2.30 0.22 -1.75 GROWTH 2014 (A) 2015 (E) 2016 (E) Norm. EPS 34.08% 9.01% 11.56% DPS 5.17% 8.54% 6.28% INVESTMENT RATIOS 2014 (A) 2015 (E) 2016 (E) EBITDA £148.90m £156.17m £171.96m EBIT £92.40m £98.30m £108.30m Dividend Yield 2.99% 3.24% 3.44% Dividend Cover 3.22x 3.23x 3.39x <b>PER 10.40x 9.54x 8.56x</b> PEG 0.30f 1.06f 0.74f Net Asset Value PS 223.28p p p
KLR Keller Group PLC SP looks to have bottomed out, recentish trading update suggest US business is now doing well, and company in line to meet company and market expectations. Brokers (below)VERY bullish. http://content.screencast.com/users/marketsniper/folders/Default/media/814b31d8-590f-4bca-910e-0a75cb2b8cb7/klr%201.jpg <b><u>Keller Group share price information</b></u> Name Keller Group Epic KLR Sector Construction & Materials ISIN GB0004866223 Activites Keller Group plc is an international ground engineering specialist. It is renowned for providing innovative and cost effective solutions. Keller has unrivalled coverage in Europe, North America and Australia, where its services are used in infrastructure, commercial, industrial and residential projects. Index FTSE 250 Latest share price (p) 828.75 Net gearing (%) 59.10 Market cap (£m) 586.40 Gross gearing (%) 67.20 Shares in issue (m) 71.77 Debt ratio 45.56 P/E ratio -194.52 Debt to equity ratio 0.41 Divs per share (p) 25.20 Assets / equity ratio 3.05 Dividend yield (%) 3.13 Price to book value 1.69 Dividend cover 2.01 ROCE 4.43 Earning per share (p) -4.20 EPS growth (%) -109.72 52-week high / low (p) 1,105.00 / 786.00 DPS growth (%) 5.00 <b><u>Keller Group broker views</b></u> Date Broker Recommendation Price Old target price New target price Notes 16 Nov Investec Buy 828.75 1,420.00 1,420.00 Reiterates 16 Nov Peel Hunt Buy 828.75 1,340.00 1,340.00 Reiterates 04 Aug Numis Add 828.75 1,220.00 1,220.00 Reiterates
KLR Keller Group PLC SP looks to have bottomed out, recentish trading update suggest US business is now doing well, and company in line to meet company and market expectations. Brokers (below)VERY bullish. http://content.screencast.com/users/marketsniper/folders/Default/media/814b31d8-590f-4bca-910e-0a75cb2b8cb7/klr%201.jpg <b><u>Keller Group share price information</b></u> Name Keller Group Epic KLR Sector Construction & Materials ISIN GB0004866223 Activites Keller Group plc is an international ground engineering specialist. It is renowned for providing innovative and cost effective solutions. Keller has unrivalled coverage in Europe, North America and Australia, where its services are used in infrastructure, commercial, industrial and residential projects. Index FTSE 250 Latest share price (p) 828.75 Net gearing (%) 59.10 Market cap (£m) 586.40 Gross gearing (%) 67.20 Shares in issue (m) 71.77 Debt ratio 45.56 P/E ratio -194.52 Debt to equity ratio 0.41 Divs per share (p) 25.20 Assets / equity ratio 3.05 Dividend yield (%) 3.13 Price to book value 1.69 Dividend cover 2.01 ROCE 4.43 Earning per share (p) -4.20 EPS growth (%) -109.72 52-week high / low (p) 1,105.00 / 786.00 DPS growth (%) 5.00 <b><u>Keller Group broker views</b></u> Date Broker Recommendation Price Old target price New target price Notes 16 Nov Investec Buy 828.75 1,420.00 1,420.00 Reiterates 16 Nov Peel Hunt Buy 828.75 1,340.00 1,340.00 Reiterates 04 Aug Numis Add 828.75 1,220.00 1,220.00 Reiterates
Dec13 pretax profit 52mil, MC 757mil (x15) good value with growth looking at x20 as a possibility. Charts show confidence and bullish trend Dec14 pretax profit 28.2mil (inc excep charge of 52mil),MC 571mil (x20) looks about right for the moment. Charts show a Bearish trend due to lack of confidence My feeling is there is a bit of lost confidence after the excep charge last year and the city are waiting on this years surprises, if non then going on first half results and Trading S should be back up to 80-85 PBT level (x7) Very good value and one for 2016 portfolio, time will tell, no rush
Even with the positive comments from Questor,instead of the sp going up it goes down.Yesterday after the good trading report came out ,the sp rallied up almost 6% but by the end of the day it was up only 1.5%.I dont understand whats going on here .This is such a great company and yet its being punished for no reason at all.Any opinions anybody.I took advantage and topped up at 801,i hope i wont regret it!
The results yesterday were fine as I expected. We had a nice uptick on the day. Where's the follow-through? Keller has a fair dividend yield of almost 3%. The company is a market leader in what it does. Surely this is just the sort of safe business Pension funds should be snapping up. The market overall is good today. Can anyone tell me why Keller isn't one of the market leaders?
Questor Buy Keller as sell-off overdone http://www.telegraph.co.uk/finance/markets/questor/11999371/Questor-share-tip-Buy-Keller-as-sell-off-overdone.html Full-year per-tax profits rising to £96.9m, giving 88p in earnings per share. The US focused construction group is showing a recovery in US which offsets tough trading in Australia, says Questor Full-year per-tax profits rising to £96.9m, giving 88p in earnings per share. The US focused construction group is showing a recovery in US which offsets tough trading in Australia, says Questor
This is going to hit a new low any minute now,worth adding more in my opinion.If the results are good ,the only way is up,if not ?????????
Interim management statement due next Monday, should settle things down, as in my opinion this stock is very oversold.
Its been very quiet on the news front .Do we know when are we to expect a trading or interim statement?