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Morning. Goos solid update. See what the market makes of it. Hope other issues don't blight the positiveness.S66
Yup. Dunno why. Does not seem to have gone ex growth. Profit and divi forecasts rising for next three years. Truly global so UK mini budget should not have that much impact. But this is KLR, anything goes.
Couldn't agree more. Would have been nice to hold above £7 prior to trading update. Am I right in thinking that the last update was 'good' but poorly recieved and the price fell? ATB S66.
Trading update and mini budget on Thursday 17th. Interesting day coming ...
Hope you are right my friend that would give a v pleasant Xmas......no matter what planet or universe I am on!
You take care now. S66.
Blimey. £5 ? You are not even on a different planet, more like a parallel universe. Mr Graph is showing 850 by xmas ...
This will be sub £5 before or on trading update. Keep your powder dry my friend. Think I read somewhere KLR was recession resilient, and a 5% divi. Rubbish! This is a share for capital errosion, far above what any dividend payment can compensate. Enjoy.
Any "concrete" reasons for this weakness.
Pun intended.
Take it some of you are also day trading on the % movements in Keller? Up 3 down 4%. Should it be the other way ?
Enjoy!
Not far to go to an even better entry point at under 5 quid.
Barclays still not paid Interim divi from two Friday's ago because company paid them wrong amount !? Anyone else still waiting ?
Not sure if my last message should have been 'point' or 'punt'! All the same with this share. GLA. S66.
Until an even better entry poont at under 6 quid!
Good for you, great entry point !!
Bought in today these look good for fair return lots of work for what they specialise in.Only 8% uk exposure operations in 40 countries higher margins than your normal construction companies good and promising pipe line .They seem to have decent track record on returns don’t think I’m in at the bottom but will add on any more weakness.
If you believe that KLR is a fundamentally very sound , safe and well run co as its history has shown , then if you have funds available, you add to your position once the sp comes down below what you as an investor has set the limit at.
The recent results have been outstanding, it pays a great dividend what is there to worry about. Yes KLR is very vulnerable as most solid long term shares are to the huge fluctuations of the present/future markets.
Its simple really as long as you believe in the quality of the company !!
AFRC take your point( s), but are not worried about 'good money afteri ad'.? I too want to add to my holding but feel the way this has moved better to add on its way back into positive territory than the pretty persistent negative movement at the mo'. I really do not see how the forecasts of £10 hold water. ATB S66.
After the recent news of the potentially huge long term contract in Saudi for MBS's megalomaniac plans from which KLR will greatly benefit, £6 may not happen.
Regarding though a potentially TO by Vinci or Jacob , surely £10 at least would be a reasonable price.
I will add more at this level.
Spot on! Won't touch this again until under 6 quid
Reckon Botte (Vinci) will gobble them up as a good inroad into North America. Conversation?
I treat it as a way to add more shares and lower ones average even more. No question that we ware entering slowly very negative times for all of us. But Klr should prove to be a very resilient investment long term but i as i said before , at times when the markets will come under severe downwards pressure , we must be prepared for the sp to come down too ,very possible to under £7. If one has funds to spare, keep adding, The divi alone makes it a very compelling investment
Dinoken and Robina, cheers for the replies.
GL S66
Hunt the Cent has KLR at Buy with target £11.
Reckons shares are well behind historic averages.
US results muted on costs and materials availability.
Net debt up, but forecast changes ‘negligible’.
31% increase in the order book highlights direction of travel.
PE only 7.3x for 2022 and an enterprise value/Ebitda of 3.6x, both well behind historic averages.
Add to that the progressive divi and it is IMO difficult to understand sp response to results.
Look at HILS after a good update too.
Something definately not correct about the way the price moves in Keller. Excuse me....but I'm expecting better. Notice never a lot of comments on this board. Cheerio and GL.
Yes - so the obvious market reaction is to knock the sp down. It's like 'No - you can't make a profit'