Member Info for afrc

How many times we have heard that ? Every time we get a glimmer of good news (which is not very often ), the sp moves up a bit and then goes back down . We have been stuck in this 28p range for such a long time waiting for the infamous Mr Tom Black to deliver the goods, total waste of time this investment !!!

What do you mean , on the face of it it is a good company !!! Klr is an total star of a company Very little debt , regular dividends, great mgt and the undisputed leader in its field. And all this for only £6.30 a share. The mother of all bargains. With the new lockdown measures soon upon us , no question that the markets will take a absolute pounding so there will be a chance to buy KLR at an even lower price .

Look at it as a chance to add if you already have a position. This a hugely undervalued co , one of the very, very few who kept their divi unchanged and is getting rave reviews about it. For me the fact that the co got the covid 19 300 mil offer , which the government offered ONLY to healthy companies is very significant. And the co has said they will only use it in case the market conditions very much deteriorate which i think is unlikely !!!

What happened today then ? 10% i one day , we havent seen that for a very long time !! will the sp finally break the 30 p level and keep rising on no news ?

Consider it a great chance to add if you can at these levels. At under £4 it is a real bargain !!!

I could not agree more with you, this is a gem of a co. Great recent results , kept the divi, all this in the middle of a very difficult economic environment. And the norwegian bank is increasing its position to over 5%. Not surprised at all really, these people dont invest their well earned oil&gas money in speculative investments. I hope the sp will come down to the £6 level again but i doubt it !!!

This co for me is very much under the radar ! Compared to its peers like KIE, BBY, Costain and Interserve, the trading volume of its shares is very low, its balance sheet looks reasonably healthy and the co should greatly benefit with the coming infrastructure boom promised by the government. And yet the price is stuck in the 1250 range !!! Why ?

What do you mean with when will the co move ?

The sp has climbed a bit recently, huge volume today though !!!

What a brilliant set of results considering the overall business conditions in the middle of the virus pandemic. Absolutely fantastic news also that they would keep the dividend, one of the very few co's that have kept their dividend intact in such difficult times.

I am ever so tempted to buy KLR's although i may wait for some profit taking which should happen soon. 650 would be a great entry point !!!

Another 10% up today , could something be brewing behind the scenes ? I always thought at under $5 , this co could be a very tempting TO target. Volume is very low though !!! I expect the sp to take a breather soon, there must be some profit taking very soon unless big news are on the way !!!

The sp has gone up by 20%+ during the last few sessions on real news really . I always thought it was/still is way undervalued at the current prices. All divisions of the co are doing very well bar the high performance automotive segment which is dragging the results down.

Gosh , how many times have we heard about patience, patience and more patience !!!!!

Sadly nothing to get too excited results wise, what a waste of £ this investment has been .

Most of us are loosing a lot of £ if one is a long term holder of KIER shares but although it does seem undervalued at the moment, i am not convinced they are making any money on all these contacts they keep winning plus they co is loaded in debt plus they havent been able to sell the house and land units.

So overall yes there is a lot of sp upwards potential here but still very risky. For me at the present time in the infrastructure market BBY is a much more attractive proposition.

It is no good winning all these new contracts if they dont make £ on them !!!

I also totally agree with you re the Tom Black argument. However I dont know about you but i pressume most of us will be loosing money with the sp under 30. Therefore when the sp was hovering around 3o, i was also hoping for a TO at over 30 so we could make some return . With the sp now at 20 and in the middle of such a major economic crisis with the covid issue, do you think it is likely we will see a TO at a 50% premium or more ???

I dont see it unless the co produces something spectacular soon. By the way we still have not had any results out for many months now ! Why is this ?

I dont want to be a purveyor of doom and gloom in an already very challenging (to say the least ) environment, but the sp could not break the 30 p barrier while equity prices were setting new highs and good news for the co were coming in on a regular basis. Now in the middle of the covid crisis , the sp is at 20 and we are hoping that an article regarding a chain of supermarkets might push the sp up !!! I have been a holder since the digital barriers days and i have shown great patience. But i am simply not optimistic now and i would not be adding up .

Yes i agree. For me as a long term holder , at this level the price is a bargain and would make the co a very attractive take over target. We need to remember though that the co has very low debt and very good solid business's in the group. I would not be very optimistic in the automotive high performance sector, but all other business 's like rail, environment, defence should be doing very well.

I think you must be feeling the effects of the cor virus !! £7 a share !!!!!!